Seller's Agent in 2025
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
(202) 460-5236
3 in this area
53 Total Sales
Octave 1320 1320 Fenwick Ln Unit 402 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
2
Beds
2
Baths
850
Sq Ft
$833/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Open Floorplan
- Woodlin Elementary School Rated A-
- Scenic Views
- 4-minute walk to Woodside Urban Park
About This Home
As of June 2024Experience the Essence of Urban Luxury Living in the Heart of Silver Spring! Welcome to this exquisite 2-bedroom, 2-bathroom condominium, ideally positioned just moments from the Silver Spring Metro Station. Crafted in 2016, this exceptional home epitomizes modern elegance and ease. Step inside to be greeted by cascades of natural light pouring through expansive floor-to-ceiling windows, illuminating the chic interior with breathtaking western and southern vistas. The open-plan layout boasts sleek flooring, showcasing a gourmet kitchen adorned with quartz countertops and premium stainless steel appliances. Enjoy the convenience of an in-unit washer and dryer, effortlessly blending practicality with luxury. Additional storage space ensures clutter-free living. Indulge in a wealth of building amenities including a fitness center for your daily routine, a serene rooftop terrace offering panoramic views, secure bike storage, and an inviting sky lounge for mingling with neighbors. A dedicated concierge awaits your needs, while the elegant lobby with its cozy fireplace sets a welcoming tone. Plus, furry friends are embraced here. Monthly parking available in public garage. Nestled within walking distance of the Silver Spring Metro and the upcoming Purple Line station, this condo grants easy access to an array of dining, shopping, and cultural hotspots. From eclectic eateries to boutique shops, everything is within reach. Exciting additions like the Montgomery County Aquatic Center and Commas Food Hall further enrich your lifestyle. Rental parking options adjacent to the building cater to your convenience. Meticulously maintained and lightly lived in, this home exudes a like-new allure, awaiting its discerning new owner. Seize the opportunity to make this sophisticated condominium your urban sanctuary, where luxury, convenience, and excitement converge. Schedule your private tour today and discover the epitome of city living in Silver Spring!
Last Agent to Sell the Property
Bryan Kerrigan
Redfin Corp License #644396 Listed on: 02/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,105
Year Built
- Built in 1964 | Remodeled in 2016
HOA Fees
- $833 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 4th floor
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 850 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Scenic Vista Views
- Exterior Cameras
Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Public Parking
- On-Street Parking
Schools
- Woodlin Elementary School
- Sligo Middle School
Utilities
- Heat Pump System
- Natural Gas Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
- Urban Location
Listing and Financial Details
- Assessor Parcel Number 161303772593
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, lawn maintenance
- Mid-Rise Condominium
- Built by PROMARK RE
- The Octave Codm Community
- Downtown Silver Spring Subdivision
- Property Manager
Amenities
- Concierge
- Party Room
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Security Service
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2024
Closed on
Jun 25, 2024
Sold by
Scruggs Alyssa Dominique
Bought by
Bolters Cleopatra
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
List Price
$405,000
Sold Price
$393,000
Premium/Discount to List
-$12,000
-2.96%
Views
309
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$401,449
Outstanding Balance
$396,691
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$530
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 25, 2018
Sold by
Brenneman Anthony B and Evans Jessica M
Bought by
Scruggs Alyssa Dominique
Seller's Agent
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
Buyer's Agent
Elizabeth Kaiser
Compass
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$371,450
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2016
Sold by
1320 Residences Llc
Bought by
Cole Caroline Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,900
Interest Rate
3.47%
Purchase Details
Closed on
Jun 3, 2016
Sold by
1320 Residences Llc
Bought by
Brenneman Anthony B and Evans Jessica M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,400
Interest Rate
3.61%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $393,000 | Title Resource Guaranty Compan | |
| Deed | $393,000 | Title Resource Guaranty Compan | |
| Deed | $392,000 | Kvs Title Llc | |
| Deed | -- | -- | |
| Deed | $369,900 | Closeline Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $401,449 | VA | |
| Closed | $401,449 | VA | |
| Previous Owner | $368,000 | New Conventional | |
| Previous Owner | $371,450 | New Conventional | |
| Previous Owner | $254,900 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $351,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $2,599 | 0.0% | $3 / Sq Ft |
| 07/01/2025 07/01/25 | For Rent | $2,600 | 0.0% | -- |
| 05/01/2025 05/01/25 | For Sale | $399,000 | +1.5% | $469 / Sq Ft |
| 06/26/2024 06/26/24 | Sold | $393,000 | +6.5% | $462 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | Price Changed | $369,000 | -4.2% | $434 / Sq Ft |
| 04/12/2024 04/12/24 | Price Changed | $385,000 | -2.5% | $453 / Sq Ft |
| 03/29/2024 03/29/24 | Price Changed | $395,000 | -2.5% | $465 / Sq Ft |
| 02/15/2024 02/15/24 | For Sale | $405,000 | +3.3% | $476 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $392,000 | -2.0% | $461 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $399,900 | -- | $470 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,430 | $430,000 | $129,000 | $301,000 |
| 2024 | $5,430 | $460,000 | $138,000 | $322,000 |
| 2023 | $6,105 | $458,333 | $0 | $0 |
| 2022 | $4,479 | $456,667 | $0 | $0 |
| 2021 | $4,455 | $455,000 | $136,500 | $318,500 |
| 2020 | $4,099 | $423,333 | $0 | $0 |
| 2019 | $3,740 | $391,667 | $0 | $0 |
| 2018 | $3,391 | $360,000 | $108,000 | $252,000 |
| 2017 | $4,196 | $360,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tafseer Ahmad
-
Peggy Lyn Speicher
Seller Co-Listing Agent in 2025
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
(808) 495-3525
2 in this area
163 Total Sales
-
Bryan Kerrigan
B
Seller's Agent in 2024
Bryan Kerrigan
Redfin Corp
-
Mansour Abu-Rahmeh
Seller's Agent in 2018
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
(202) 423-8332
1 in this area
249 Total Sales
-
Karam Iqteit
Seller Co-Listing Agent in 2018
Karam Iqteit
TTR Sotheby's International Realty
(202) 360-3855
106 Total Sales
-
Elizabeth Kaiser
Buyer's Agent in 2018
Elizabeth Kaiser
Compass
(202) 999-5162
95 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2120402
APN: 13-03772593
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