NOT LISTED FOR SALE

8045 Newell St, Unit 113 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $325,852 - $412,000

1 Bed
1 Bath
820 Sq Ft
$385/mo HOA Fee

Last Sold September 30, 2021

Last sale price $317,000 $387 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,531/month

10 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • Security Service
  • Hayes Elementary School Rated 9+
  • Patio
  • Central Air

About This Home

As of September 2021

Easy walkability to downtown Silver Spring, the Metro, restaurants and nightlife, low monthly fees, PLUS your own outdoor patio -- what more can you ask for?? A spacious and sunny condo is available in a luxury building at an amazing price! Walking in, you enter into the gourmet kitchen with beautiful wood cabinetry and granite counters. That feeds into the eating area, living room, and back patio. The bedroom includes a large walk-in closet and ensuite access to the spacious bathroom. Washer/dryer is in-unit and the water heater and heat pump are only a couple years old. The pet-friendly building offers a luxury experience at an affordable cost! A larger common terrace, gym and recreation room are included, in addition to secured building access through key fob. Swing by today and envision yourself in this urban oasis!

Last Agent to Sell the Property

Koki Adasi

(240) 994-3941 koki@kokiisthekey.com Compass License #612346 Listed on: 08/21/2021

Compass

Last Buyer's Agent

Leslie Shafer

(240) 603-8035 leslie@omniareal.com Omnia Real Estate LLC License #0225204786

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518317

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, reserve funds, snow removal, water, sewer
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos, Phone Number (301) 563-6105
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,177

Year Built

Built in 2005

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-22
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Water Heater, Microwave, Refrigerator, Freezer, Stove
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 377.93
  • Above Grade Finished Sq Ft: 820
  • 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: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 385.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 at Silver Spring Metro
  • Condo Co-Op Phone: 301.563.6105
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 208600.00
  • Land Assessed Value: 89400.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: CBD1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14100714
  • Tax Annual Amount: 3177.00
  • Assessor Parcel Number: 161303518317
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Sep 29, 2021
Sold by
Emanuele Vincent Alexander
Bought by
Muhammad Rabiah
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Leslie Shafer
Omnia Real Estate LLC
List Price
$309,900
Sold Price
$317,000
Premium/Discount to List
$7,100
2.29%
Current Estimated Value
$351,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,213
Avg. Annual Appreciation
2.48%
Original Mortgage
$301,150
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2018
Closed on
May 15, 2018
Sold by
Tregar Mark R and Tregar Shannon Wulf
Bought by
Emanuele Vincent Alexander
Seller's Agent
Joan Caton Cromwell
TTR Sotheby's International Realty
Buyer's Agent
Joan Caton Cromwell
TTR Sotheby's International Realty
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$290,030
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2016
Sold by
Tregar Mark T
Bought by
Tregar Mark T and Tregar Shannon Wulf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Siervo Claudia M
Bought by
Tregar Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 17, 2007
Sold by
Siervo Claudia M
Bought by
Tregar Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 23, 2006
Sold by
8045 Newell St Llc
Bought by
Siervo Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,710
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 16, 2006
Sold by
8045 Newell St Llc
Bought by
Siervo Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,710
Interest Rate
6.34%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Muhammad Rabiah $317,000 Aspen Real Estate Stlmts Inc
Emanuele Vincent Alexander $299,000 First American Title Ins Co
Tregar Mark T -- None Available
Tregar Mark T $310,000 --
Tregar Mark T $310,000 --
Siervo Claudia M $218,550 --
Siervo Claudia M $218,550 --
Siervo Claudia M $218,550 --
Siervo Claudia M $218,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muhammad Rabiah $301,150
Previous Owner Emanuele Vincent Alexander $290,030
Previous Owner Tregar Mark T $206,250
Previous Owner Tregar Mark T $248,000
Previous Owner Tregar Mark T $248,000
Previous Owner Siervo Claudia M $43,710
Previous Owner Siervo Claudia M $174,840
Previous Owner Siervo Claudia M $174,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $317,000 +2.3% $387 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $309,900 +3.6% $378 / Sq Ft
05/15/2018 05/15/18 Sold $299,000 0.0% $365 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $299,000 0.0% $365 / Sq Ft
04/18/2016 04/18/16 Rented $1,725 -2.8% --
04/18/2016 04/18/16 Under Contract -- -- --
03/25/2016 03/25/16 For Rent $1,775 +7.6% --
12/20/2012 12/20/12 Rented $1,650 -2.9% --
12/19/2012 12/19/12 Under Contract -- -- --
10/15/2012 10/15/12 For Rent $1,700 -- --
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
2025 $3,564 $308,333 -- --
2024 $3,564 $300,000 $90,000 $210,000
2023 $2,863 $299,333 $0 $0
2022 $2,709 $298,667 $0 $0
2021 $5,395 $298,000 $89,400 $208,600
2020 $5,185 $288,667 $0 $0
2019 $2,485 $279,333 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,808 $253,333 $0 $0
2016 $2,091 $236,667 $0 $0
2015 $2,091 $220,000 $0 $0
2014 $2,091 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Koki Adasi

    Seller's Agent in 2021

    Koki Adasi

    Compass

    (240) 994-3941

    2 in this area

    293 Total Sales

    Koki Adasi
    Section Image
  • Leslie Shafer

    Buyer's Agent in 2021

    Leslie Shafer

    Omnia Real Estate LLC

    (240) 603-8035

    1 in this area

    99 Total Sales

    Leslie Shafer
    Section Image
  • Joan Caton Cromwell

    Seller's Agent in 2018

    Joan Caton Cromwell

    TTR Sotheby's International Realty

    (202) 441-8912

    121 Total Sales

    Joan Caton Cromwell
    Section Image

  • D

    Seller's Agent in 2016

    Donna Brannon

    DC Living Real Estate LLC

    Section Image
  • Joseph Rieling

    Buyer's Agent in 2016

    Joseph Rieling

    Nomadic Real Estate Broker Services

    (202) 821-8644

    59 Total Sales

    Joseph Rieling
    Section Image

  • R

    Seller's Agent in 2012

    Richard Landau

    R.B.W. Associates Realty

See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2012138

Bright MLS

APN: 13-03518317

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 113, Silver Spring, MD

Not Listed for Sale

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