Octave 1320 1320 Fenwick Ln Unit 507 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
1
Bed
1
Bath
460
Sq Ft
$482/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Contemporary Architecture
- Woodlin Elementary School Rated A-
- Open Floorplan
- 4-minute walk to Woodside Urban Park
About This Home
As of April 2025Stylish 1-Bedroom, 1-Bath Condo in Downtown Silver Spring – Prime Location & Modern Living! Live in the heart of it all with this beautifully designed condo just steps from the brand-new Montgomery County Recreation & Aquatic Center and only two blocks to the new Mom’s Organic Market! This sleek unit features wood floors, quartz countertops, and stainless-steel appliances in the kitchen, perfect for everyday living and entertaining. The bedroom offers versatile privacy with dual barn doors—open it up for a spacious studio feel or close it for complete seclusion. The condo also includes a balcony, extra storage unit and the added convenience of an in-unit washer and dryer. Building amenities are top-notch with a fitness room, sky lounge, rooftop deck, separate bike storage, and all pet friendly! Just steps from the Silver Spring Metro, you’ll have quick access to all the best the area has to offer. Don’t miss your chance to own this gem in one of the most vibrant neighborhoods in Silver Spring!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #508237 Listed on: 02/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,079
Year Built
- Built in 2016
Lot Details
- Sprinkler System
- Property is in very good condition
HOA Fees
- $482 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Cool or White Roof
- Aluminum Siding
- Stone Siding
Interior Spaces
- 460 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling height of 9 feet or more
- Window Treatments
- Sliding Doors
- Combination Kitchen and Dining Room
- Wood Flooring
- Home Security System
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Parking
- Off-Site Parking
- Rented or Permit Required
Accessible Home Design
- Accessible Elevator Installed
- Doors with lever handles
- Doors are 32 inches wide or more
- Level Entry For Accessibility
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
Outdoor Features
Utilities
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 161303772775
- $125 Front Foot Fee per year
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, common area maintenance, exterior building maintenance
- 102 Units
- Mid-Rise Condominium
- Octave 1320 Condominiums
- The Octave Codm Community
- Downtown Silver Spring Subdivision
- Property Manager
Amenities
- Concierge
- Party Room
Recreation
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Security Service
- Front Desk in Lobby
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Apr 18, 2025
Sold by
Bell Donald Charles
Bought by
Mathews Joseph B
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Trish May
Jason Mitchell Group
List Price
$257,000
Sold Price
$254,000
Premium/Discount to List
-$3,000
-1.17%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,233
Avg. Annual Appreciation
-2.42%
Original Mortgage
$262,382
Outstanding Balance
$261,687
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$9,920
Purchase Details
Closed on
Jul 8, 2016
Sold by
1320 Residences Llc
Bought by
Bell Donald Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,780
Interest Rate
3.6%
Mortgage Type
New Conventional
Similar Homes in Silver Spring, MD
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 | $254,000 | Fidelity National Title | |
| Deed | $254,000 | Fidelity National Title | |
| Deed | $232,400 | Closeline Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,382 | VA | |
| Closed | $262,382 | VA | |
| Previous Owner | $220,780 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $254,000 | -1.2% | $552 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $257,000 | -- | $559 / 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 | $3,079 | $250,000 | $75,000 | $175,000 |
| 2024 | $3,079 | $260,000 | $78,000 | $182,000 |
| 2023 | $2,388 | $260,000 | $78,000 | $182,000 |
| 2022 | $2,096 | $260,000 | $78,000 | $182,000 |
| 2021 | $2,258 | $260,000 | $78,000 | $182,000 |
| 2020 | $2,108 | $246,667 | $0 | $0 |
| 2019 | $1,956 | $233,333 | $0 | $0 |
| 2018 | $16 | $220,000 | $66,000 | $154,000 |
| 2017 | $2,588 | $220,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Alderdice
Seller's Agent in 2025
Andrea Alderdice
Long & Foster
(301) 466-5898
19 in this area
100 Total Sales
-
Trish May
Buyer's Agent in 2025
Trish May
Jason Mitchell Group
(410) 707-3508
1 in this area
62 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2164938
APN: 13-03772775
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