NOT LISTED FOR SALE

Estimated Value: $205,000 - $262,000

1 Bed
1 Bath
568 Sq Ft
$257/mo HOA Fee

Last Sold June 04, 2021

Last sale price $153,542 $270 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,594/month

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Takoma Park Middle School Rated A
  • City View
  • Contemporary Architecture

About This Home

As of June 2021

Enjoy the fun and convenience of downtown life at an unbeatable price. This junior one-bedroom unit has new hardwood floors, new ceiling fan, granite countertops, a fresh coat of paint, and a washer/drier in the unit. Walk just a couple blocks to Metro, MARC Train, grocery stores, and more. The soon-completion of the Metro purple line will make this condo an even more desirable place. 8045 Newell St is a smoke-free (including inside the units), pet-friendly building with a fitness center, resident lounge, and common patio. This is a (MPDU) moderately priced dwelling unit with no income restrictions. Purchaser must be a first-time buyer – no investors.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 04/22/2021

Compass

Last Buyer's Agent

Diane McCawley

(703) 606-8884 unitedreagent@gmail.com United Real Estate

United Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $987

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 568 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • City Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Exterior Cameras

Parking

  • On-Street Parking
  • Off-Site Parking

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 161303518124

Community Details

Overview

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

Amenities

  • Common Area
  • Community Center
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

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

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$987

Year Built

Built in 2005

Lot Details

0

HOA Fees

$257 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
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy the fun and convenience of downtown life at an unbeatable price. This junior one-bedroom unit has new hardwood floors, new ceiling fan, granite countertops, a fresh coat of paint, and a washer/drier in the unit. Walk just a couple blocks to Metro, MARC Train, grocery stores, and more. The soon-completion of the Metro purple line will make this condo an even more desirable place. 8045 Newell St is a smoke-free (including inside the units), pet-friendly building with a fitness center, resident lounge, and common patio. This is a (MPDU) moderately priced dwelling unit with no income restrictions. Purchaser must be a first-time buyer – no investors.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Upgraded Countertops, Ceiling Fan(s), Walk-In Closet(s), Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 568
  • Living Area Sq Ft: 568
  • Price Per Sq Ft: 270.32
  • Above Grade Finished Sq Ft: 568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8045

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
  • Type Of Parking: Off Site, On Street

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: 256.84
  • Condo Co-Op Fee Frequency: Monthly
  • 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, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 59500.00
  • Land Assessed Value: 25500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: CBD
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100695
  • Tax Annual Amount: 987.00
  • Assessor Parcel Number: 161303518124
  • Tax Total Finished Sq Ft: 568
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 4, 2021
Sold by
Schwarz Daniel R
Bought by
Thompson Boodhoo Terence M
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Diane McCawley
United Real Estate
List Price
$153,542
Sold Price
$153,542
Premium/Discount to List
$0
0.0%
Current Estimated Value
$224,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,967
Avg. Annual Appreciation
9.04%
Original Mortgage
$157,073
Outstanding Balance
$142,210
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$82,299

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 15, 2013
Sold by
Bishop Lawrence R
Bought by
Schwarz Daniel R
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Gary Sandstrom
Long & Foster Real Estate, Inc.
List Price
$129,436
Sold Price
$129,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$103,548
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2008
Sold by
Seung Han S
Bought by
Bishop Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Seung Han S
Bought by
Bishop Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
8045 Newell St Llc
Bought by
Seung Han S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,650
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 18, 2006
Sold by
8045 Newell St Llc
Bought by
Seung Han S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,650
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Thompson Boodhoo Terence M $153,542 Kvs Title Llc
Schwarz Daniel R $129,436 Sage Title Group Llc
Bishop Lawrence R $108,746 --
Bishop Lawrence R $108,746 --
Seung Han S $93,247 --
Seung Han S $93,247 --
Seung Han S $93,247 --
Seung Han S $93,247 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Boodhoo Terence M $157,073
Previous Owner Schwarz Daniel R $103,548
Previous Owner Bishop Lawrence R $105,450
Previous Owner Bishop Lawrence R $105,450
Previous Owner Seung Han S $18,650
Previous Owner Seung Han S $74,597
Previous Owner Seung Han S $74,597
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $153,542 0.0% $270 / Sq Ft
04/22/2021 04/22/21 For Sale $153,542 +18.6% $270 / Sq Ft
03/15/2013 03/15/13 Sold $129,436 0.0% $228 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $129,436 0.0% $228 / Sq Ft
01/17/2013 01/17/13 Off Market $129,436 -- --
01/17/2013 01/17/13 For Sale $129,436 -- $228 / 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 $1,802 $155,000 -- --
2024 $1,802 $150,000 $45,000 $105,000
2023 $0 $128,333 $0 $0
2022 $544 $106,667 $0 $0
2021 $596 $85,000 $25,500 $59,500
2020 $593 $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 $564 $111,667 $0 $0
2015 $564 $110,000 $0 $0
2014 $564 $106,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC754596

Bright MLS

APN: 13-03518124