NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 800 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $384,145

2 Beds
2 Baths
771 Sq Ft
2016 Built

Sale Details

Date Sold: June 4, 2025

Last sale price $390,900 $507 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,406 / mo

71 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Penthouse
  • Wood Flooring

About This Home

As of June 2025

Your chance to own one of the best units in the Octave 1320! This penthouse 2 bedroom, 2 full bath condo is one of only a handful of 2 bedroom units with a balcony. Enjoy the tree-top view with the eastern facing, morning sun while enjoying a cup of coffee and listening to the bubbling Alba Rosa water fountain. The many home features include quartz countertops, wood floors throughout, separate storage space, and full-size washer and dryer in unit. This building has it all with 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. You'll love the convenience to the Silver Spring Metro Station with upcoming Purple Line, the new Mom's Organic Market which just opened around the corner, the new Montgomery County Aquatic and Recreation Center across the street with free fitness facilities and pickleball, not to mention all of the shopping, dining, Farmer’s markets, music venues, and everything Silver Spring has to offer!

Last Agent to Sell the Property

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 02/20/2025

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Janette Coffee

(301) 658-6186 janettecoffee@northroprealty.com Redfin Corp License #0225251077

Redfin Corp

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
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 2016

HOA Fees

  • $797 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 8th floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 771 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 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

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • 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

Unit Details

  • Sprinkler System
  • Property is in very good condition

Utilities

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

Additional Features

  • Energy-Efficient Appliances

Listing and Financial Details

  • Assessor Parcel Number 161303773096
  • $125 Front Foot Fee per year

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance, common area maintenance
  • Mid-Rise Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,430

Year Built

Built in 2016

HOA Fees

$797 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main, 32"+ Wide Doors, Doors - Lever Handle(s)
  • Ownership: Condominium
  • Inclusions: Storage Included In List Price, Storage Included In Sale Price
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • MLS Status: CLOSED-BRIGHT
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading, Refrigerator
  • Entry Floor: 8
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Recessed Lighting, Bathroom - Stall Shower, Sprinkler System, Upgraded Countertops, Wood Floors, Bathroom - Tub Shower, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 771
  • Living Area Sq Ft: 771
  • Price Per Sq Ft: 512.32
  • Above Grade Finished Sq Ft: 771
  • 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, 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

  • Refuse: 17.29
  • 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, Smoke Detector, Exterior Cameras, Carbon Monoxide Detector(s), Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 797.18
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Octave 1320 Condominiums
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Extra Storage, Fitness Center, Security, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

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

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5430.00
  • Assessor Parcel Number: 161303773096
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Front Foot Fee: 125.00

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
Feb 20, 2025
Closed on
Jun 4, 2025
Sold by
Cherneff Elizabeth
Bought by
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Janette Coffee
Redfin Corp
List Price
$400,000
Sold Price
$390,900
Premium/Discount to List
-$9,100
-2.28%
Views
100
Current Estimated Value
$384,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,755
Avg. Annual Appreciation
-1.32%
Original Mortgage
$234,540
Outstanding Balance
$222,772
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$161,373

Purchase Details

Closed on
Sep 26, 2016
Sold by
1320 Residences Llc
Bought by
Cherneff Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,925
Interest Rate
3.43%
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

  • Ariana Loucas Real Estate Agent - Compass

    Ariana Loucas

    Compass

    (844) 266-7711

    72 Total Sales

    1 in Downtown Silver Spring

    $334,366 Price

    Ariana Loucas
     Section Image
  • Rukiyat Mann Real Estate Agent - Coldwell Banker Realty

    Rukiyat Mann

    Coldwell Banker Realty

    (855) 303-1738

    36 Total Sales

    2 in Downtown Silver Spring

    $335K - $535K Price Range

    Rukiyat Mann
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    102 Total Sales

    1 in Downtown Silver Spring

    $525,000 Price

    Lindsay Clark
     Section Image
  • Melissa Terzis Real Estate Agent - TTR Sotheby's International Realty

    Melissa Terzis

    TTR Sotheby's International Realty

    (844) 248-8910

    79 Total Sales

    1 in Downtown Silver Spring

    $425,000 Price

    Melissa Terzis
     Section Image
  • Louis J. Muscarella Real Estate Agent - Compass

    Louis J. Muscarella

    Compass

    (301) 433-7460

    53 Total Sales

    1 in Downtown Silver Spring

    $254,500 Price

    Louis J. Muscarella
     Section Image
  • Tyler Siperko Real Estate Agent - Compass

    Tyler Siperko

    Responds Quickly

    Compass

    (667) 213-6539

    153 Total Sales

    1 in Downtown Silver Spring

    $258,000 Price

    Tyler Siperko
     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
$390,900 First American Title
Cherneff Elizabeth $399,900 Attorney
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 $234,540
Previous Owner Cherneff Elizabeth $299,925
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
06/04/2025 06/04/25 Sold $390,900 -1.0% $507 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $395,000 -1.3% $512 / Sq Ft
02/20/2025 02/20/25 For Sale $400,000 -- $519 / 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 $5,088 $430,000 $129,000 $301,000
2024 $5,430 $460,000 $138,000 $322,000
2023 $4,454 $435,667 $0 $0
2022 $3,315 $411,333 $0 $0
2021 $3,689 $387,000 $116,100 $270,900
2020 $16 $387,000 $116,100 $270,900
2019 $3,688 $387,000 $116,100 $270,900
2018 $3,729 $390,000 $117,000 $273,000
2017 $4,541 $390,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice Real Estate Agent - Long & Foster

    Seller's Agent in 2025

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    15 in this area

    92 Total Sales

    Andrea Alderdice
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2166956

Bright MLS

APN: 13-03773096

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 800, Silver Spring, MD

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