NOT LISTED FOR SALE

8045 Newell St, Unit 222 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $324,137 - $340,000

1 Bed
1 Bath
820 Sq Ft
$451/mo HOA Fee

Last Sold July 31, 2024

Last sale price $334,000 $407 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,494/month

35 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • 2 Elevators
  • Hayes Elementary School Rated 9+
  • Party Room
  • Halls are 48 inches wide or more

About This Home

As of July 2024

A beautiful and bright one-bedroom filled with natural sunlight. Huge windows, Gleaming wood floors and light reflection granite countertops. Recently updated and/or many new appliances: Refrigerator 2019, HVAC 2022, Water Heater: 2023, Wi-Fi enabled Range 2024, Wi-Fi enabled Dishwasher 2024, Wi-Fi Enabled Microwave Oven 2024.
A spacious walk-in closet and storage spaces. A washer/dryer set in a spacious bathroom.
Like a quiet urban oasis, it is located on a quiet small street, yet only 5 to 15 min walking distance to major employment, Red Line Metro, Giant grocery store, restaurants and downtown Silver Spring, so much life and entertainments await you.
A pet-friendly condo building. Plenty of easy public parking available nearby. Mailboxes are inside the building. A great exercise room is open 24/7. FHA loan approved.

Last Agent to Sell the Property

Jeremy Lee

(540) 287-4805 jeremylee800@hotmail.com EXP Realty, LLC License #610312 Listed on: 05/26/2024

EXP Realty, LLC

Last Buyer's Agent

Cindy Bayne

(703) 507-3056 baynecindy@yahoo.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 2005

Lot Details

  • 1

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Front

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

  • Halls are 48 inches wide or more

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518476

Community Details

Overview

  • Association fees include water, management, sewer, trash, common area maintenance
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,563

Year Built

Built in 2005

Lot Details

0

HOA Fees

$451 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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-26
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 413.41
  • 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 Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 451.06
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Management, Sewer, Trash, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3563.00
  • Assessor Parcel Number: 161303518476
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2024
Closed on
Jul 26, 2024
Sold by
Chen Yu-Ying
Bought by
Klein Miriam
Seller's Agent
Jeremy Lee
EXP Realty, LLC
Buyer's Agent
Cindy Bayne
Berkshire Hathaway HomeServices PenFed Realty
List Price
$339,000
Sold Price
$334,000
Premium/Discount to List
-$5,000
-1.47%
Views
35
Current Estimated Value
$331,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,466
Avg. Annual Appreciation
-0.55%
Original Mortgage
$264,000
Outstanding Balance
$260,533
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$71,001

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 23, 2014
Sold by
Roberts Brent
Bought by
Chen Yu Ying
Seller's Agent
Brent Roberts
HomeSmart
Buyer's Agent
Brent Roberts
HomeSmart
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$232,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
8045 Newell St Llc
Bought by
Roberts Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,235
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2006
Sold by
8045 Newell St Llc
Bought by
Roberts Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,235
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
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
Klein Miriam $332,000 Capitol Title
Klein Miriam $332,000 Capitol Title
Chen Yu Ying $290,000 Eastern Title & Settlement
Roberts Brent $221,175 --
Roberts Brent $221,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Miriam $264,000
Closed Klein Miriam $264,000
Previous Owner Chen Yu Ying $232,000
Previous Owner Roberts Brent $44,235
Previous Owner Roberts Brent $176,940
Previous Owner Roberts Brent $176,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $334,000 -1.5% $407 / Sq Ft
05/26/2024 05/26/24 For Sale $339,000 +16.9% $413 / Sq Ft
07/23/2014 07/23/14 Sold $290,000 -3.0% $354 / Sq Ft View Prior Sale
06/12/2014 06/12/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $299,000 -- $365 / 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 $3,564 $308,333 -- --
2024 $3,564 $300,000 $90,000 $210,000
2023 $3,563 $300,000 $90,000 $210,000
2022 $2,418 $300,000 $90,000 $210,000
2021 $1,360 $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 $2,783 $220,000 $0 $0
2014 $2,783 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeremy Lee

    EXP Realty, LLC

    (540) 287-4805

    1 in this area

    36 Total Sales

    Jeremy Lee
    Section Image
  • Cindy Bayne

    Buyer's Agent in 2024

    Cindy Bayne

    BHHS PenFed (actual)

    (703) 507-3056

    1 in this area

    68 Total Sales

    Cindy Bayne
    Section Image

  • B

    Seller's Agent in 2014

    Brent Roberts

    HomeSmart

    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2133780

Bright MLS

APN: 13-03518476

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 222, Silver Spring, MD

Not Listed for Sale

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