NOT LISTED FOR SALE

8045 Newell St, Unit 123 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $328,000 - $385,000

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

Last Sold September 29, 2021

Last sale price $315,000 $384 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,512/month

47 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Center
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • 19 Car Attached Garage

About This Home

As of September 2021

Great value! Beautiful sun filled condo with private patio in perfectly located luxury building. Enjoy thriving downtown Silver Spring including shops, entertainment, arts, METRO and more. Home offers gourmet kitchen with granite counters, stainless steel appliances, hardwood floors and new carpet in the bedroom. Bedroom includes en-suite bath and spacious walk-in closet. In unit washer and dryer. Newer HVAC and hot water heater. Pet friendly building with gym, lounge and party room. Garage parking #19 included. A must see!

Last Agent to Sell the Property

Carlos Espinoza

(240) 426-8627 espinozahomes@gmail.com Jason Mitchell Group Listed on: 07/13/2021

Last Buyer's Agent

Joe Himali

(301) 652-0643 joe@bestaddress.com RLAH @properties License #520623

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 19 Car Attached Garage
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303518512

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn maintenance, management, water, trash, reserve funds
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,297

Year Built

Built in 2005

Lot Details

0

HOA Fees

$385 per month

Parking

19

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-13
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 390.24
  • 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 Spaces: 19.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 19
  • Total Garage And Parking Spaces: 19
  • Type Of Parking: Attached Garage

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 385.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Water, Trash, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100734
  • Tax Annual Amount: 3297.00
  • Assessor Parcel Number: 161303518512
  • 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
Jul 13, 2021
Closed on
Sep 29, 2021
Sold by
Arias Luis Alfredo and Memetova Veronika Alimovna
Bought by
Daly Helen Horan
Seller's Agent
Carlos Espinoza
Jason Mitchell Group
Buyer's Agent
Joe Himali
RLAH @properties
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$345,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,667
Avg. Annual Appreciation
2.25%
Original Mortgage
$236,250
Outstanding Balance
$215,438
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,229

Purchase Details

Listed on
May 7, 2017
Closed on
Jun 8, 2017
Sold by
Finnegan Kevin M
Bought by
Arias Luis Alfredo and Memetova Veronika Alimovna
Seller's Agent
Andrew Essreg
RLAH @properties
Buyer's Agent
Angelo Gaydardzhiev
Keller Williams Realty
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$294,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2006
Sold by
8045 Newell St Llc
Bought by
Finnegan Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,428
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
8045 Newell St Llc
Bought by
Finnegan Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,428
Interest Rate
6.33%
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
Daly Helen Horan $315,000 Kvs Title Llc
Arias Luis Alfredo $310,000 Kvs Title Llc
Finnegan Kevin M $252,030 --
Finnegan Kevin M $252,030 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Helen Horan $236,250
Previous Owner Arias Luis Alfredo $294,500
Previous Owner Finnegan Kevin M $239,428
Previous Owner Finnegan Kevin M $239,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2021 09/29/21 Sold $315,000 -1.6% $384 / Sq Ft
08/16/2021 08/16/21 Price Changed $320,000 -3.0% $390 / Sq Ft
07/13/2021 07/13/21 For Sale $330,000 +6.5% $402 / Sq Ft
06/08/2017 06/08/17 Sold $310,000 0.0% $378 / Sq Ft View Prior Sale
05/12/2017 05/12/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $309,900 -- $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 $3,682 $318,333 -- --
2024 $3,682 $310,000 $93,000 $217,000
2023 $3,681 $310,000 $93,000 $217,000
2022 $3,529 $310,000 $93,000 $217,000
2021 $5,665 $310,000 $93,000 $217,000
2020 $6,595 $300,000 $0 $0
2019 $3,297 $290,000 $0 $0
2018 $3,160 $280,000 $84,000 $196,000
2017 $2,233 $263,333 $0 $0
2016 -- $246,667 $0 $0
2015 $2,191 $230,000 $0 $0
2014 $2,191 $229,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Espinoza

    Seller's Agent in 2021

    Carlos Espinoza

    Jason Mitchell Group

    (240) 426-8627

    1 in this area

    259 Total Sales

    Carlos Espinoza
    Section Image

  • J

    Buyer's Agent in 2021

    Joe Himali

    Real Living at Home

    Section Image
  • Andrew Essreg

    Seller's Agent in 2017

    Andrew Essreg

    Real Living at Home

    (202) 379-8881

    5 in this area

    144 Total Sales

    Andrew Essreg
    Section Image
  • Angelo Gaydardzhiev

    Buyer's Agent in 2017

    Angelo Gaydardzhiev

    Keller Williams Realty

    (703) 231-1416

    45 Total Sales

    Angelo Gaydardzhiev
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: MDMC2004986

Bright MLS

APN: 13-03518512

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 123, Silver Spring, MD

Not Listed for Sale

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