NOT LISTED FOR SALE

8045 Newell St, Unit 221 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $323,000 - $356,000

1 Bed
1 Bath
820 Sq Ft
$427/mo HOA Fee

Last Sold August 08, 2023

Last sale price $340,000 $415 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,575/month

6 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • No Interior Steps
  • Takoma Park Middle School Rated A
  • Electric Vehicle Home Charger
  • Halls are 48 inches wide or more

About This Home

As of August 2023

Sold

Last Listed By

Andrew Essreg

RLAH @properties License #657002 Listed on: 07/12/2023

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $427 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Handicap Parking
  • Electric Vehicle Home Charger
  • Lighted Parking
  • On-Street Parking
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161303518421

Community Details

Overview

  • Association fees include water, trash, management, reserve funds, insurance, snow removal
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,416

Year Built

Built in 2005

Lot Details

0

HOA Fees

$427 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: 48"+ Halls, 32"+ Wide Doors, Elevator, Doors - Swing In, No Stairs, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • 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
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Flooring Type: Laminate Plank
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 396.34
  • Above Grade Finished Sq Ft: 820
  • 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: Brick, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Lighted Parking, Handicap Parking, Electric Vehicle Charging Station(s)
  • Type Of Parking: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Energy Star Cooling System, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Energy Star Heating System, Programmable Thermostat
  • 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: 427.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Water, Trash, Management, Reserve Funds, Insurance, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: CBD1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3416.00
  • Assessor Parcel Number: 161303518421
  • Tax Total Finished Sq Ft: 820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/08/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 8, 2023
Sold by
Garcia Vincent and Molina Monique D
Bought by
Lekus Ian K
Seller's Agent
Andrew Essreg
RLAH @properties
Buyer's Agent
Fernando Garcia
RLAH @properties
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Total Days on Market
6
Views
63
Current Estimated Value
$333,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,119
Avg. Annual Appreciation
0.37%
Original Mortgage
$289,000
Outstanding Balance
$284,893
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$57,347

Purchase Details

Closed on
Feb 7, 2006
Sold by
8045 Newell St Llc
Bought by
Garcia Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,199
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2006
Sold by
8045 Newell St Llc
Bought by
Garcia Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,199
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

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
Lekus Ian K $340,000 First American Title
Garcia Vincent $250,995 --
Garcia Vincent $250,995 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lekus Ian K $289,000
Previous Owner Molina Monique D $641,576
Previous Owner Garcia Vincent $227,000
Previous Owner Garcia Vincent $50,199
Previous Owner Garcia Vincent $200,796
Previous Owner Garcia Vincent $200,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $340,000 +4.6% $415 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $325,000 -- $396 / 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
2024 $3,564 $300,000 $90,000 $210,000
2023 $2,871 $300,000 $90,000 $210,000
2022 $2,418 $300,000 $90,000 $210,000
2021 $2,720 $300,000 $90,000 $210,000
2020 $2,607 $290,000 $0 $0
2019 $2,493 $280,000 $0 $0
2018 $2,385 $270,000 $81,000 $189,000
2017 $2,116 $253,333 $0 $0
2016 -- $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

  • Andrew Essreg

    Seller's Agent in 2023

    Andrew Essreg

    Real Living at Home

    (202) 379-8881

    5 in this area

    182 Total Sales

    Andrew Essreg
    Section Image
  • Fernando Garcia

    Buyer's Agent in 2023

    Fernando Garcia

    Real Living at Home

    (202) 907-8907

    1 in this area

    58 Total Sales

    Fernando Garcia
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2100202

Bright MLS

APN: 13-03518421

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 221, Silver Spring, MD

Homes for Sale in Silver Spring, MD

This home is located at 8045 Newell St Unit 221, Silver Spring, MD 20910 since 12 July 2023 and is currently estimated at $333,881, approximately $407 per square foot. This property was built in 2005. 8045 Newell St Unit 221 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and Lowell School.

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