NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 7 Floor 1 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $256,000 - $274,000

1 Bed
1 Bath
511 Sq Ft
1964 Built

Sale Details

Date Sold: January 30, 2026

Last sale price $270,000 $528 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,121 / mo

10 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Clubhouse
  • Entry Slope Less Than 1 Foot

About This Home

As of January 2026

Live the downtown Silver Spring lifestyle just one block from the Metro in this sleek 1BR with high-end kitchen (quartz, stainless, modern cabinets), full-size in-unit laundry and a rare oversized private patio that feels like an extra room. Contemporary, pet-friendly building offers concierge, gym, bike & storage rooms, club room, sky lounge and roof terrace—all steps to restaurants, shops and nightlife.

Last Agent to Sell the Property

JOSE DIAZ RUEDA

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Brokerage Phone: 3014451395 License #055005274 Listed on: 12/13/2025

Smart Realty, LLC

Last Buyer's Agent

Donna Gibson

(301) 948-4811 rockville@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #305783

Berkshire Hathaway HomeServices PenFed Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1964

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 511 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Entry Slope Less Than 1 Foot

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303772241

Community Details

Overview

  • Association fees include a/c unit(s), exterior building maintenance, management, insurance, water, trash, snow removal, sewer
  • High-Rise Community
  • The Octave Codm Community

Amenities

  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,740

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$538 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 511
  • Living Area Sq Ft: 511
  • Price Per Sq Ft: 538.16
  • Above Grade Finished Sq Ft: 511
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 537.51
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Elevator, Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Ext Bldg Maint, Management, Insurance, Water, Trash, Snow Removal, Sewer
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CR5.0
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2740.00
  • Assessor Parcel Number: 161303772241
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2025
Closed on
Jan 29, 2026
Sold by
Bought by
Seller's Agent
JOSE DIAZ RUEDA
Smart Realty, LLC
Buyer's Agent
Donna Gibson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
25
Current Estimated Value
$266,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,844
Avg. Annual Appreciation
-2.83%
Original Mortgage
$243,000
Outstanding Balance
$238,601
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$27,555

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 4, 2018
Sold by
Bought by
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Kaushik Rath
Compass
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$221,364
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,453
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Silver Spring, MD

  • Troy Patterson Real Estate Agent - TTR Sotheby's International Realty

    Troy Patterson

    TTR Sotheby's International Realty

    (202) 952-4507

    68 Total Sales

    1 in Downtown Silver Spring

    $290,000 Price

    Troy Patterson
     Section Image
  • Suzanne Parmet Real Estate Agent - Compass

    Suzanne Parmet

    Compass

    (202) 902-8519

    87 Total Sales

    1 in Downtown Silver Spring

    $500,000 Price

    Suzanne Parmet
     Section Image
  • Karen Kennard Real Estate Agent - EXP Realty, LLC

    Karen Kennard

    EXP Realty, LLC

    (469) 599-4639

    50 Total Sales

    1 in Downtown Silver Spring

    $350,000 Price

    Karen Kennard
     Section Image
  • Aty Biswese Real Estate Agent - Nid Group, LLC

    Aty Biswese

    Nid Group, LLC

    (202) 807-1608

    39 Total Sales

    1 in Downtown Silver Spring

    $530,000 Price

    Aty Biswese
     Section Image
  • David Goldberg Real Estate Agent - Goldberg Group Real Estate

    David Goldberg

    Goldberg Group Real Estate

    (202) 791-4607

    110 Total Sales

    1 in Downtown Silver Spring

    $334,000 Price

    David Goldberg
     Section Image
  • Russell Carter Real Estate Agent - Keller Williams Capital Properties

    Russell Carter

    Keller Williams Capital Properties

    (202) 856-9138

    181 Total Sales

    2 in Downtown Silver Spring

    $315K - $540K Price Range

    Russell Carter
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Capitol Title
$260,000 Kvs Title Llc
$214,900 Closeline Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $243,000
Previous Owner $217,500
Previous Owner $221,364
Previous Owner $208,453
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Sold $270,000 -1.8% $528 / Sq Ft
12/13/2025 12/13/25 For Sale $275,000 +5.8% $538 / Sq Ft
05/07/2018 05/07/18 Sold $260,000 0.0% $509 / Sq Ft View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $260,000 -- $509 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,048 $235,000 $70,500 $164,500
2024 $2,902 $250,000 $75,000 $175,000
2023 $2,211 $250,000 $75,000 $175,000
2022 $2,088 $250,000 $75,000 $175,000
2021 $2,085 $250,000 $75,000 $175,000
2020 $1,939 $236,667 $0 $0
2019 $1,790 $223,333 $0 $0
2018 $1,647 $210,000 $63,000 $147,000
2017 $2,422 $210,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2026

    JOSE DIAZ RUEDA

    Smart Realty, LLC

    (301) 437-6875

    1 in this area

    3 Total Sales

    JOSE DIAZ RUEDA
    Section Image
  • Donna Gibson Real Estate Agent - BHHS PenFed (actual)

    Buyer's Agent in 2026

    Donna Gibson

    BHHS PenFed (actual)

    (301) 802-7093

    1 in this area

    55 Total Sales

    Donna Gibson
    Section Image
  • Kaushik Rath Real Estate Agent - Compass

    Buyer's Agent in 2018

    Kaushik Rath

    Compass

    (917) 678-1307

    85 Total Sales

    Kaushik Rath
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2210404

Bright MLS

APN: 13-03772241

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 7, Silver Spring, MD

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