NOT LISTED FOR SALE

8045 Newell St, Unit 205 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $214,000 - $235,069

1 Bed
1 Bath
568 Sq Ft
$270/mo HOA Fee

Last Sold February 10, 2022

Last sale price $152,900 $269 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,547/month

12 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Meeting Room
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Elevator

About This Home

As of February 2022

8045 at Silver Spring Metro Offers an Urban Oasis in the Heart of Downtown. Rarely do Opportunities to Purchase Gems at this Price point Present Themselves. Unit #205 Ready for Move In and Your Personal Touches. Myriad Options for Shopping, Dining, Entertainment and Errands all Within Half A Mile. Secured, Pet Friendly and Smoke Free Building with a Gym, Community Room, Community Patio. Call Today to Schedule Your Showing Before this Unit Becomes the Next Buyer's Good Fortune.

Last Agent to Sell the Property

Paula Heard

(703) 932-9152 paulaheardyou@kw.com KW Metro Center License #676720 Listed on: 12/29/2021

KW Metro Center

Last Buyer's Agent

Xinsheng Zeng

(301) 335-6053 susanzeng689@gmail.com Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $987

Year Built

  • Built in 2005

Lot Details

  • Extensive Hardscape
  • Property is in good condition

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 568 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • On-Site Parking for Rent
  • Parking Fee

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

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

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303518077

Community Details

Overview

  • Association fees include common area maintenance, sewer, snow removal, trash, water, health club, management, reserve funds, custodial services maintenance
  • Mid-Rise Condominium
  • 8045 @ Silver Spring Metro Condominium Condos
  • 8045 @ Silver Spring Metro Community
  • Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Common Area
  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$987

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 per month

Listing Details

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

Interior Features

  • Appliances: Built-In Microwave, Washer/Dryer Stacked
  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 568
  • Living Area Sq Ft: 568
  • Price Per Sq Ft: 269.19
  • Above Grade Finished Sq Ft: 568
  • 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
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent, Parking Fee

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 270.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 @ Silver Spring Metro Condominium
  • HOA Condo Co-Op Amenities: Fitness Center, Common Grounds, Elevator, Exercise Room, Meeting Room, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Sewer, Snow Removal, Trash, Water, Health Club, Management, Reserve Funds, Custodial Services Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Property Condition: Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 987.00
  • Assessor Parcel Number: 161303518077
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2006
Sold by
8045 Newell St Llc
Bought by
Ryder Terry J
Current Estimated Value
$226,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,372
Outstanding Balance
$50,640
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,377

Purchase Details

Closed on
Jan 17, 2006
Sold by
8045 Newell St Llc
Bought by
Ryder Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,372
Outstanding Balance
$50,640
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,377
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
Ryder Terry J $92,972 --
Ryder Terry J $92,972 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryder Terry J $89,372
Closed Ryder Terry J $89,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $152,900 0.0% $269 / Sq Ft
01/10/2022 01/10/22 For Sale $152,900 0.0% $269 / Sq Ft
01/10/2022 01/10/22 Off Market $152,900 -- --
01/04/2022 01/04/22 For Sale $152,900 0.0% $269 / Sq Ft
01/03/2022 01/03/22 Off Market $152,900 -- --
12/29/2021 12/29/21 For Sale $152,900 -- $269 / 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 $1,038 $224,000 -- --
2024 $1,038 $85,000 $25,500 $59,500
2023 $1,034 $85,000 $25,500 $59,500
2022 $992 $85,000 $25,500 $59,500
2021 $596 $85,000 $25,500 $59,500
2020 $591 $85,000 $25,500 $59,500
2019 $296 $85,000 $25,500 $59,500
2018 $1,298 $115,000 $30,000 $85,000
2017 $648 $113,333 $0 $0
2016 -- $111,667 $0 $0
2015 $564 $110,000 $0 $0
2014 $564 $106,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Heard

    Seller's Agent in 2022

    Paula Heard

    KW Metro Center

    (703) 932-9152

    2 in this area

    209 Total Sales

    Paula Heard
    Section Image

  • X

    Buyer's Agent in 2022

    Xinsheng Zeng

    Fairfax Realty Premier

    (301) 335-6053

    1 in this area

    2 Total Sales

    Xinsheng Zeng
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2000891

Bright MLS

APN: 13-03518077

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 205, Silver Spring, MD

Not Listed for Sale

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