$239,000 - $264,000
RENTED MAR 23, 2025

Octave 1320 1320 Fenwick Ln Unit 703 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood
1 Bed
1 Bath
483 Sq Ft
2016 Built

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 March 2025

ALSO LISTED FOR SALE. Sparkling 1bedroom/1bath condo just steps to the Silver Spring Metro. Balcony with treetop views of the Mormon Temple and spectacular sunsets. Highly amenitized building with contemporary finishes, lobby/club room, fitness room, sky lounge, roof terrace, bike storage room, concierge, quartz countertops, wood floors & full size washer & dryer in unit! Across the street from the new Silver Spring Recreation & Aquatic Center with access to 3 pools, hot tubs, community activity rooms, & more. Only 2 blocks to the new Mom’s Organic Market! Enjoy everything Silver Spring has to offer from music venues, farmer's markets, restaurants, breweries, parks, and more all at your doorstep. Includes separate storage space. Vouchers welcome.

Last Agent to Rent the Property

Andrea Alderdice

Long & Foster Real Estate, Inc. License #508237 Listed on: 03/06/2025

Long & Foster Real Estate, Inc.

Last Renter's Agent

Garret Grier

Long & Foster Real Estate, Inc. License #SP40002907

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 2016

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

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

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,790
  • $300 Move-In Fee
  • Tenant pays for electricity, cable TV, gas
  • The owner pays for water, trash collection, snow removal, sewer, common area maintenance
  • Rent includes additional storage space, common area maintenance, hoa/condo fee, HVAC maint, sewer, snow removal, trash removal, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 3/6/25
  • $55 Application Fee
  • Assessor Parcel Number 161303772992

Community Details

Overview

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

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,373

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Date Available: 2025-03-06
  • Application Fee: 55.00
  • Owner Pays: Water, Trash Collection, Snow Removal, Sewer, Common Area Maintenance
  • Pets Allowed: No
  • Rent Includes: Additional Storage Space, Common Area Maintenance, Hoa/Condo Fee, Hvac Maint, Sewer, Snow Removal, Trash Removal, Water
  • Security Deposit: 1790.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv, Gas
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-06
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: ALSO LISTED FOR SALE. Sparkling 1bedroom/1bath condo just steps to the Silver Spring Metro. Balcony with treetop views of the Mormon Temple and spectacular sunsets. Highly amenitized building with contemporary finishes, lobby/club room, fitness room, sky lounge, roof terrace, bike storage room, concierge, quartz countertops, wood floors & full size washer & dryer in unit! Across the street from the new Silver Spring Recreation & Aquatic Center with access to 3 pools, hot tubs, community activity rooms, & more. Only 2 blocks to the new Mom’s Organic Market! Enjoy everything Silver Spring has to offer from music venues, farmer's markets, restaurants, breweries, parks, and more all at your doorstep. Includes separate storage space. Vouchers welcome.
  • 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: 7
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining, 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: 483
  • Living Area Sq Ft: 483
  • Price Per Sq Ft: 3.71
  • Above Grade Finished Sq Ft: 483
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1320

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, Aluminum Siding, Stone
  • Roof: Cool/White
  • 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, 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
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Land Use Code: 011
  • 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: 161303772992
  • Close Date: 03/23/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2017
Sold by
1320 Residences Llc
Bought by
Chen Li Liang and Li Xiaofan
Current Estimated Value
$253,147
Source: Public Records

Range of Values:

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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
Chen Li Liang $249,900 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2025 03/23/25 Rented $1,790 0.0% --
03/21/2025 03/21/25 Under Contract -- -- --
03/06/2025 03/06/25 For Rent $1,790 +8.5% --
07/06/2024 07/06/24 Rented $1,650 0.0% --
06/27/2024 06/27/24 For Rent $1,650 +6.5% --
11/25/2021 11/25/21 Rented $1,550 0.0% --
11/15/2021 11/15/21 Under Contract -- -- --
09/30/2021 09/30/21 For Rent $1,550 0.0% --
09/03/2020 09/03/20 Rented $1,550 0.0% --
08/28/2020 08/28/20 Under Contract -- -- --
08/20/2020 08/20/20 For Rent $1,550 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $3,373 $285,000 $85,500 $199,500
2023 $3,374 $285,000 $85,500 $199,500
2022 $2,297 $285,000 $85,500 $199,500
2021 $2,540 $285,000 $85,500 $199,500
2020 $3,082 $271,667 $0 $0
2019 $2,930 $258,333 $0 $0
2018 $2,785 $245,000 $73,500 $171,500
2017 $2,875 $245,000 $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

    103 Total Sales

    Section Image

  • G

    Tenant's Agent in 2025

    Garret Grier

    Long & Foster

  • S

    Buyer's Agent in 2024

    Seth Shapero

    Redfin Corp

    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2168716

Bright MLS

APN: 13-03772992

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 703, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 703, Silver Spring, MD 20910 since 06 March 2025 and is currently priced at $255,382. This property was built in 2016. 1320 Fenwick Ln Unit 703 is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

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