Seller's Agent in 2025
Andrea Alderdice
Long & Foster
(301) 466-5898
19 in this area
100 Total Sales
Octave 1320 1320 Fenwick Ln Unit 609 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
1
Bed
1
Bath
569
Sq Ft
$595/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 2025**Seller to provide 6 month parking credit to Buyer** Pristine 1 bedroom, 1 bath condo only one block to the Red Line Silver Spring Metro Station and upcoming Purple Line! Newly built in 2016, this highly amenitized building is a dream with in-unit, full size washer and dryer, sliding privacy door for the bedroom, quartz countertops, wood floors, upgraded, stainless appliances, and additional separate storage unit. This is the largest one bedroom tier in the building with a park view and smartly laid out for the space needed for today's living. You’ll love the fantastic morning light with its east facing direction, perfect for coffee on your private balcony. The extra value is in the building amenities, including a 7 day/week concierge, attractive lobby with fireplace, free wi-fi in the common areas, main level bike storage room, fitness room, separate and secure storage, sky lounge, and roof top deck with western views to downtown Bethesda and the Mormon Temple. In addition to the convenient Metro access, you have a new Mom's Organic Market opening this Fall around the corner, the new Montgomery County Aquatic and Recreation Center across the street with free fitness facilities, shopping, dining, Farmer’s markets, music venues, and more! Enjoy city living at its finest and what Fortune Magazine calls the “BEST PLACE TO LIVE FOR FAMILIES” in the U.S..
Last Agent to Sell the Property
(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 08/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,893
Year Built
- Built in 2016
Lot Details
- Sprinkler System
- Property is in very good condition
HOA Fees
- $595 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 6th floor
- Brick Exterior Construction
- Cool or White Roof
- Aluminum Siding
- Stone Siding
Interior Spaces
- 569 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling height of 9 feet or more
- Recessed Lighting
- Window Treatments
- Window Screens
- Sliding Doors
- Combination Dining and Living Room
- Exterior Cameras
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Walk-in 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
Utilities
- Heat Pump System
- Natural Gas Water Heater
Additional Features
- Energy-Efficient Appliances
Listing and Financial Details
- Assessor Parcel Number 161303772924
- $125 Front Foot Fee per year
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, exterior building maintenance, common area 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
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Apr 10, 2025
Sold by
Schulte Gail A
Bought by
Lbert Lyube and Lbert Tonya
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Courtney Cunningham
Keller Williams Flagship
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Views
257
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
-$9,197
Avg. Annual Appreciation
-6.84%
Original Mortgage
$270,019
Outstanding Balance
$268,846
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
-$3,043
Purchase Details
Listed on
Apr 11, 2019
Closed on
Oct 4, 2019
Sold by
Gonzalez Lucas I Villalobos
Bought by
Schulte Gail A
Seller's Agent
Russ Gelston
RE/MAX Realty Group
Buyer's Agent
Valerie Blake
RLAH @properties
List Price
$272,000
Sold Price
$263,000
Premium/Discount to List
-$9,000
-3.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$153,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2018
Closed on
Jul 16, 2018
Sold by
Peterson Emma and Dehart Kyla
Bought by
Gonzalez Lucas I Villalobos
Seller's Agent
Lisa Greaves
Redfin Corp
Buyer's Agent
Anna-Marie Gallart
EXP Realty, LLC
List Price
$250,000
Sold Price
$257,000
Premium/Discount to List
$7,000
2.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$249,290
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2017
Sold by
1320 Residences Llc
Bought by
Peterson Emma W and Dehart Kyla L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,400
Interest Rate
4.16%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | $275,000 | Charter Title | |
| Deed | $275,000 | Charter Title | |
| Deed | $263,000 | Kvs Title Llc | |
| Deed | $257,000 | Commonwealth Land Title Ins | |
| Deed | $246,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,019 | FHA | |
| Closed | $270,019 | FHA | |
| Previous Owner | $153,000 | New Conventional | |
| Previous Owner | $249,290 | New Conventional | |
| Previous Owner | $221,400 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $275,000 | +1.9% | $483 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $269,900 | +2.6% | $474 / Sq Ft |
| 10/04/2019 10/04/19 | Sold | $263,000 | -0.8% | $462 / Sq Ft |
| 08/24/2019 08/24/19 | Pending | -- | -- | -- |
| 06/10/2019 06/10/19 | Price Changed | $265,000 | -2.6% | $466 / Sq Ft |
| 04/11/2019 04/11/19 | For Sale | $272,000 | +5.8% | $478 / Sq Ft |
| 07/30/2018 07/30/18 | Sold | $257,000 | +2.8% | $453 / Sq Ft |
| 07/10/2018 07/10/18 | Pending | -- | -- | -- |
| 06/28/2018 06/28/18 | For Sale | $250,000 | 0.0% | $441 / Sq Ft |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- |
| 05/31/2018 05/31/18 | Price Changed | $250,000 | -3.5% | $441 / Sq Ft |
| 05/17/2018 05/17/18 | Price Changed | $259,000 | -3.7% | $457 / Sq Ft |
| 05/03/2018 05/03/18 | For Sale | $269,000 | -- | $474 / 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 | $3,115 | $248,000 | $74,400 | $173,600 |
| 2024 | $3,115 | $263,000 | $78,900 | $184,100 |
| 2023 | $3,776 | $260,333 | $0 | $0 |
| 2022 | $2,235 | $257,667 | $0 | $0 |
| 2021 | $2,202 | $255,000 | $76,500 | $178,500 |
| 2020 | $2,202 | $255,000 | $76,500 | $178,500 |
| 2019 | $2,200 | $255,000 | $76,500 | $178,500 |
| 2018 | $2,375 | $270,000 | $81,000 | $189,000 |
| 2017 | $3,162 | $270,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Alderdice
-
Courtney Cunningham
Buyer's Agent in 2025
Courtney Cunningham
Keller Williams Flagship
(443) 694-7367
1 in this area
21 Total Sales
-
Russ Gelston
Seller's Agent in 2019
Russ Gelston
Remax Realty Group
(301) 921-2687
34 Total Sales
-
Valerie Blake
Buyer's Agent in 2019
Valerie Blake
Real Living at Home
(202) 246-8602
26 Total Sales
-
Lisa Greaves
L
Seller's Agent in 2018
Lisa Greaves
Redfin Corp
-
Anna-Marie Gallart
Buyer's Agent in 2018
Anna-Marie Gallart
EXP Realty, LLC
(301) 252-7974
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2143024
APN: 13-03772924
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