NOT LISTED FOR SALE

8045 Newell St, Unit 220 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $335,000 - $411,000

1 Bed
1 Bath
820 Sq Ft
$367/mo HOA Fee

Last Sold June 22, 2017

Last sale price $308,000 $376 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,553/month

21 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Upgraded Countertops
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Party Room

About This Home

As of June 2017

Immaculate 1BR/1BA + Den! Only .3 mi. to Silver Spring Metro. Large den w/closet, can be used as 2BR/Offc./nursery. Wood floors throughout, granite CT, walk-in + bonus closet in Master BR. Balcony overlooking courtyard. Includes 1 assigned garage parking space! Amenities: Gym, secure access, pet friendly. Conveniently located close to DT Silver Spring AND D.C. This beauty won't last!

Last Agent to Sell the Property

Crystal Smith

(301) 352-4065 realtor.crystalsmith@outlook.com HomeSmart License #652639 Listed on: 04/06/2017

HomeSmart

Last Buyer's Agent

Crystal Smith

(301) 352-4065 realtor.crystalsmith@outlook.com HomeSmart License #652639 Listed on: 04/06/2017

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • Parking Space Number Location: 89
  • Garage Door Opener
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Den
  • Stacked Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

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
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303518820

Community Details

Overview

  • Moving Fees Required
  • Association fees include snow removal, reserve funds, insurance, management, trash
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Community
  • 8045 At Silver Spring Metro Subdivision
  • The community has rules related to moving in times, parking rules

Amenities

  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,179

Year Built

Built in 2005

Lot Details

0

HOA Fees

$367 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Stove, Refrigerator, Oven/Range - Gas, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Breakfast Area, Upgraded Countertops, Elevator, Window Treatments, Flat, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Kitchen, Den, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 384.15
  • 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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • Parking Space Number Assigned: 89
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 367.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Snow Removal, Reserve Funds, Insurance, Management, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 199500.00
  • Land Assessed Value: 85500.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100763
  • Tax Annual Amount: 3179.39
  • Assessor Parcel Number: 161303518820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 22, 2017
Sold by
Woldu Asmerom and Woldu Asmeron
Bought by
Stamper Megan C
Seller's Agent
Crystal Smith
HomeSmart
Buyer's Agent
Crystal Smith
HomeSmart
List Price
$325,900
Sold Price
$308,000
Premium/Discount to List
-$17,900
-5.49%
Current Estimated Value
$355,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,805
Avg. Annual Appreciation
1.72%
Original Mortgage
$279,700
Outstanding Balance
$231,948
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$123,857

Purchase Details

Closed on
Feb 22, 2006
Sold by
8045 Newell St Llc
Bought by
Woldu Asmeron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,120
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
8045 Newell St Llc
Bought by
Woldu Asmeron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,120
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Stamper Megan C $308,000 Lakeside Title Co
Woldu Asmeron $271,400 --
Woldu Asmeron $271,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamper Megan C $279,700
Closed Stamper Megan C $39,300
Previous Owner Woldu Asmeron $217,120
Previous Owner Woldu Asmeron $217,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2017 06/22/17 Sold $308,000 -2.2% $376 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $315,000 -3.3% $384 / Sq Ft
04/06/2017 04/06/17 For Sale $325,900 0.0% $397 / Sq Ft
05/08/2015 05/08/15 Rented $1,700 0.0% --
05/08/2015 05/08/15 Under Contract -- -- --
03/04/2015 03/04/15 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 $3,741 $323,333 -- --
2024 $3,741 $315,000 $94,500 $220,500
2023 $3,048 $315,000 $94,500 $220,500
2022 $2,539 $315,000 $94,500 $220,500
2021 $2,889 $315,000 $94,500 $220,500
2020 $2,776 $305,000 $0 $0
2019 $2,486 $295,000 $0 $0
2018 $63,708 $285,000 $85,500 $199,500
2017 $3,179 $276,667 $0 $0
2016 -- $268,333 $0 $0
2015 $3,322 $260,000 $0 $0
2014 $3,322 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Crystal Smith

    HomeSmart

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About This Building

Map

Source: Bright MLS

MLS Number: 1002506607

Bright MLS

APN: 13-03518820

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 220, Silver Spring, MD

Not Listed for Sale

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