Octave 1320 1320 Fenwick Ln Unit 507 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
1
Bed
1
Bath
460
Sq Ft
$482/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 2025Stylish 1-Bedroom, 1-Bath Condo in Downtown Silver Spring – Prime Location & Modern Living! Live in the heart of it all with this beautifully designed condo just steps from the brand-new Montgomery County Recreation & Aquatic Center and only two blocks to the new Mom’s Organic Market! This sleek unit features wood floors, quartz countertops, and stainless-steel appliances in the kitchen, perfect for everyday living and entertaining. The bedroom offers versatile privacy with dual barn doors—open it up for a spacious studio feel or close it for complete seclusion. The condo also includes a balcony, extra storage unit and the added convenience of an in-unit washer and dryer. Building amenities are top-notch with a fitness room, sky lounge, rooftop deck, separate bike storage, and all pet friendly! Just steps from the Silver Spring Metro, you’ll have quick access to all the best the area has to offer. Don’t miss your chance to own this gem in one of the most vibrant neighborhoods in Silver Spring!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,079
Year Built
- Built in 2016
HOA Fees
- $482 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Cool or White Roof
- Aluminum Siding
- Stone Siding
Interior Spaces
- 460 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling height of 9 feet or more
- Window Treatments
- Sliding Doors
- Combination Kitchen and Dining Room
- Wood Flooring
- Home Security System
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with 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
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
Utilities
- Air Source Heat Pump
- Vented Exhaust Fan
- Natural Gas Water Heater
Additional Features
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 161303772775
- $125 Front Foot Fee per year
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, common area maintenance, exterior building 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
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Octave 1320
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $254,000 | -1.2% | $552 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $257,000 | -- | $559 / 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 |
|---|---|---|---|---|
| 2024 | $3,079 | $260,000 | $78,000 | $182,000 |
| 2023 | $2,388 | $260,000 | $78,000 | $182,000 |
| 2022 | $2,096 | $260,000 | $78,000 | $182,000 |
| 2021 | $2,258 | $260,000 | $78,000 | $182,000 |
| 2020 | $2,108 | $246,667 | $0 | $0 |
| 2019 | $1,956 | $233,333 | $0 | $0 |
| 2018 | $16 | $220,000 | $66,000 | $154,000 |
| 2017 | $2,588 | $220,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,780 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $232,400 | Closeline Llc |
Source: Public Records
Similar Homes in Silver Spring, MD
Source: Bright MLS
MLS Number: MDMC2164938
APN: 13-03772775
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