RENTED DEC 1, 2025

Octave 1320 1320 Fenwick Ln Unit 508 Floor 5 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $357,051 - $416,000

2 Beds
2 Baths
744 Sq Ft
2016 Built

Sale Details

Date Sold: June 17, 2019

Last sale price $367,000 $493 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,379 / mo

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 December 2025

This contemporary 2BR/2FB condo offers the perfect combination of comfort, style, and convenience. Built in 2016, this home has been freshly painted and features an open floor plan with wood flooring, quartz countertops, stainless steel appliances, and a full-size washer and dryer in-unit. The bright living area opens to a private balcony—ideal for morning coffee or evening relaxation. The Octave Condominium provides an exceptional urban lifestyle with an array of amenities, including a welcoming lobby and club room, fitness center, sky lounge, roof terrace with sweeping views, bike storage, concierge services, and separate secure storage unit. Enjoy a vibrant downtown setting close to shopping, restaurants, and the popular Saturday Farmer’s Market, as well as the new Mom's Organic Market, and Silver Spring Recreation and Aquatic Center right across the street. This is a rare opportunity to experience modern living in one of Silver Spring’s most desirable locations. Available immediately. Sorry, no pets. Vouchers welcome!

Last Agent to Rent the Property

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 10/09/2025

Long & Foster Real Estate, Inc.

Last Renter's Agent

Unrepresented

datacorrect@brightmls.com Unrepresented

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 744 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • $300 Move-In Fee
  • Tenant pays for electricity, gas, cable TV
  • The owner pays for association fees, common area maintenance, sewer, snow removal, real estate taxes, trash collection, water
  • Rent includes additional storage space, common area maintenance, hoa/condo fee, HVAC maint, sewer, snow removal, taxes, trash removal, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 10/18/25
  • $55 Application Fee
  • Assessor Parcel Number 161303772786

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • 102 Units
  • Mid-Rise Community
  • Octave 1320 Condominiums
  • The Octave Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Rental Info

  • Date Available: 2025-10-18
  • Application Fee: 55.00
  • Owner Pays: Association Fees, Common Area Maintenance, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Pets Allowed: No
  • Rent Includes: Additional Storage Space, Common Area Maintenance, Hoa/Condo Fee, Hvac Maint, Sewer, Snow Removal, Taxes, Trash Removal, Water
  • Security Deposit: 2400.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Cable Tv
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Doors - Lever Handle(s), Level Entry - Main, 32"+ Wide Doors
  • Inclusions: Storage Included In List Price, Storage Included In Sale Price
  • New Construction: No
  • Story List: Main
  • Expected On Market: 10/9/2025 12:00:00 AM
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 5
  • Flooring Type: Engineered Wood, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 744
  • Living Area Sq Ft: 744
  • Price Per Sq Ft: 3.23
  • Above Grade Finished Sq Ft: 744
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Aluminum Siding, Stone
  • Roof: Cool/White
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s), Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Octave 1320 Condominiums
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14

Tax Info

  • Assessor Parcel Number: 161303772786

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 14, 2019
Sold by
Berman Meredith
Bought by
Lanting Rosenberg Daniel Paul and Lanting Qin
Seller's Agent
Jeremy Rosenthal
Long & Foster Real Estate, Inc.
Buyer's Agent
Lukas Iraola
Compass
List Price
$379,000
Sold Price
$367,000
Premium/Discount to List
-$12,000
-3.17%
Current Estimated Value
$380,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,763
Avg. Annual Appreciation
0.54%
Original Mortgage
$200,000
Outstanding Balance
$175,132
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$205,631

Purchase Details

Closed on
May 20, 2016
Sold by
1320 Residences Llc
Bought by
Berman Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,910
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lanting Rosenberg Daniel Paul $367,000 Certified Title Corporation
Berman Meredith $329,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanting Rosenberg Daniel Paul $200,000
Previous Owner Berman Meredith $296,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Rented $2,400 0.0% --
11/24/2025 11/24/25 Under Contract -- -- --
10/09/2025 10/09/25 For Rent $2,400 +6.7% --
09/14/2024 09/14/24 Rented $2,250 0.0% --
09/09/2024 09/09/24 Under Contract -- -- --
07/28/2024 07/28/24 Price Changed $2,250 -2.2% $3 / Sq Ft
06/11/2024 06/11/24 For Rent $2,300 +15.0% --
11/12/2019 11/12/19 Rented $2,000 0.0% --
11/07/2019 11/07/19 Under Contract -- -- --
10/01/2019 10/01/19 For Rent $2,000 0.0% --
06/17/2019 06/17/19 Sold $367,000 -1.9% $493 / Sq Ft View Prior Sale
04/27/2019 04/27/19 Price Changed $374,000 -1.3% $503 / Sq Ft
03/29/2019 03/29/19 For Sale $379,000 -- $509 / Sq Ft
Source: Bright MLS

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 $4,337 $368,000 -- --
2024 $4,337 $367,000 $110,100 $256,900
2023 $4,339 $367,000 $110,100 $256,900
2022 $4,160 $367,000 $110,100 $256,900
2021 $3,486 $369,000 $110,700 $258,300
2020 $3,303 $352,667 $0 $0
2019 $3,117 $336,333 $0 $0
2018 $2,939 $320,000 $96,000 $224,000
2017 $3,736 $320,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Landlord's Agent in 2025

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    19 in this area

    97 Total Sales

    Andrea Alderdice
    Section Image

  • U

    Tenant's Agent in 2025

    Unrepresented

    Unrepresented

  • Jeremy Rosenthal

    Seller's Agent in 2019

    Jeremy Rosenthal

    Long & Foster

    (301) 461-5630

    2 in this area

    126 Total Sales

    Jeremy Rosenthal
    Section Image

  • A

    Buyer's Agent in 2019

    Anitra J. Oluonye

    HomeSmart

    (240) 535-3851

    3 Total Sales

    Anitra J. Oluonye
    Section Image
  • Lukas Iraola

    Buyer's Agent in 2019

    Lukas Iraola

    Compass

    (301) 455-2475

    2 in this area

    65 Total Sales

    Lukas Iraola
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2203460

Bright MLS

APN: 13-03772786

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 508, Silver Spring, MD

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