NOT LISTED FOR SALE

8045 Newell St, Unit 114 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $327,000 - $409,000

1 Bed
1 Bath
820 Sq Ft
$343/mo HOA Fee

Last Sold May 16, 2019

Last sale price $310,000 $378 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,487/month

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • City View
  • Hayes Elementary School Rated 9+
  • Gated Community
  • Contemporary Architecture

About This Home

As of May 2019

Enjoy the convenience of city living in this luxury condominium. Gourmet kitchen, granite counters, excellent floor plan & location within the building. Plenty of natural light in each room. W/D inside unit. Large private patio. Building offers fitness room, court yard & resident lounge. Close to METRO, restaurants.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 04/27/2019

Compass

Last Buyer's Agent

Evelyn Lugo

(202) 236-8629 evelyn@LugoParkerTeam.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Front Loading Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518363

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, reserve funds, trash, water
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,184

Year Built

Built in 2005

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, 36"+ Wide Halls, Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional, Ceiling Fan(s), Walk-In Closet(s)
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 378.05
  • 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: Combination, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Street, City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Intercom, Main Entrance Lock, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 343.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 at Silver Spring Metro
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Party Room, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100720
  • Tax Annual Amount: 3184.00
  • Assessor Parcel Number: 161303518363
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
May 16, 2019
Sold by
Ellis David Corey
Bought by
Gunn Lakesha Marie
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Evelyn Lugo
Compass
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$350,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,812
Avg. Annual Appreciation
1.91%
Original Mortgage
$300,700
Outstanding Balance
$262,734
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$88,078

Purchase Details

Closed on
Sep 25, 2006
Sold by
Akingbade Adeoye P
Bought by
Ellis David Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Akingbade Adeoye P
Bought by
Ellis David Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2006
Sold by
8045 Newell St Llc
Bought by
Akingbade Adeoye P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
8045 Newell St Llc
Bought by
Akingbade Adeoye P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gunn Lakesha Marie $310,000 First American Title Ins Co
Ellis David Corey $319,900 --
Ellis David Corey $319,900 --
Akingbade Adeoye P $218,335 --
Akingbade Adeoye P $218,335 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Lakesha Marie $300,700
Previous Owner Ellis David Corey $319,900
Previous Owner Ellis David Corey $319,900
Previous Owner Akingbade Adeoye P $43,650
Previous Owner Akingbade Adeoye P $174,650
Previous Owner Akingbade Adeoye P $174,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $310,000 0.0% $378 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $310,000 -- $378 / Sq Ft
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 $4,255 $300,000 $90,000 $210,000
2022 $2,724 $300,000 $90,000 $210,000
2021 $2,720 $300,000 $90,000 $210,000
2020 $5,215 $290,000 $0 $0
2019 $2,493 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,116 $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

  • Carmen Fontecilla

    Seller's Agent in 2019

    Carmen Fontecilla

    Compass

    (301) 908-6672

    71 in this area

    284 Total Sales

    Carmen Fontecilla
    Section Image
  • Evelyn Lugo

    Buyer's Agent in 2019

    Evelyn Lugo

    Compass

    (202) 236-8629

    104 Total Sales

    Evelyn Lugo
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC654176

Bright MLS

APN: 13-03518363

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 114, Silver Spring, MD

Not Listed for Sale

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