NOT LISTED FOR SALE

8045 Newell St, Unit 302 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $449,000 - $550,000

2 Beds
2 Baths
1,177 Sq Ft
$594/mo HOA Fee

Last Sold August 25, 2022

Last sale price $476,000 $404 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,538/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Walk-In Closet
  • Hayes Elementary School Rated 9+
  • Galley Kitchen
  • Bathtub with Shower

About This Home

As of August 2022

Welcome to 8045 at Silver Spring Metro. This spacious two-bedroom condo is in the center of Downtown Silver Spring. This light-filled unit is conveniently located near the Silver Spring Metro, entertainment, restaurants, and shops. The primary bedroom offers a walk-in closet with built-in organization and a separate bathroom. The second bathroom includes a double vanity and access to the second bedroom or home office. Gourmet kitchen with granite countertops. Enjoy a balcony to entertain guests and two deeded parking spaces in the garage. The building offers on-site management and a fitness gym, resident lounge, and party room. Also neighborly friendly

Last Agent to Sell the Property

Jason Bradley

(202) 528-6409 jason.bradley@longandfoster.com Compass License #583286 Listed on: 08/09/2022

Compass

Last Buyer's Agent

Mark Fitzpatrick

(240) 687-2650 mark@fitzhomes.com RLAH @properties License #651727

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $594 Monthly HOA Fees

Parking

  • Basement Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,177 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Dining Area
  • Carpet
  • Galley Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518933

Community Details

Overview

  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,876

Year Built

Built in 2005

Lot Details

0

HOA Fees

$594 per month

Parking

2

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: Fee Simple
  • New Construction: No
  • Story List: Main
  • 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: 302
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Galley, Tub Shower, Walk-In Closet(s)
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1177
  • Living Area Sq Ft: 1177
  • Price Per Sq Ft: 390.82
  • Above Grade Finished Sq Ft: 1177
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 594.30
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 290500.00
  • Land Assessed Value: 124500.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100776
  • Tax Annual Amount: 4876.00
  • Assessor Parcel Number: 161303518933
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Aug 22, 2022
Sold by
Tortorici Cathryn E
Bought by
Gutekunst David Joseph
Seller's Agent
Jason Bradley
Compass
Buyer's Agent
Mark Fitzpatrick
RLAH @properties
List Price
$460,000
Sold Price
$476,000
Premium/Discount to List
$16,000
3.48%
Current Estimated Value
$481,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,281
Avg. Annual Appreciation
0.34%
Original Mortgage
$357,000
Outstanding Balance
$302,148
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$179,133

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 29, 2014
Sold by
Fine Steven S and Fine Margaret E
Bought by
Tortorici Cathryn E
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Jason Bradley
Compass
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$319,200
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
8045 Newell St Llc
Bought by
Fine Steven S and Fine Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2006
Sold by
8045 Newell St Llc
Bought by
Fine Steven S and Fine Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Gutekunst David Joseph $476,000 First American Title
Tortorici Cathryn E $399,000 Sage Title Group Llc
Fine Steven S $393,250 --
Fine Steven S $393,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutekunst David Joseph $357,000
Previous Owner Tortorici Cathryn E $319,200
Previous Owner Fine Steven S $209,250
Previous Owner Fine Steven S $209,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2022 08/25/22 Sold $476,000 +3.5% $404 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $460,000 +15.3% $391 / Sq Ft
05/29/2014 05/29/14 Sold $399,000 0.0% $339 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $399,000 -- $339 / 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 $4,916 $431,667 -- --
2024 $4,916 $415,000 $124,500 $290,500
2023 $4,224 $415,000 $124,500 $290,500
2022 $4,021 $415,000 $124,500 $290,500
2021 $8,369 $430,000 $129,000 $301,000
2020 $7,689 $415,000 $0 $0
2019 $3,845 $400,000 $0 $0
2018 $4,345 $385,000 $115,500 $269,500
2017 $3,466 $368,333 $0 $0
2016 -- $351,667 $0 $0
2015 $3,682 $335,000 $0 $0
2014 $3,682 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Bradley

    Seller's Agent in 2022

    Jason Bradley

    Compass

    (202) 528-6409

    3 in this area

    52 Total Sales

    Jason Bradley
    Section Image
  • Mark Fitzpatrick

    Buyer's Agent in 2022

    Mark Fitzpatrick

    Real Living at Home

    (240) 687-2650

    1 in this area

    66 Total Sales

    Mark Fitzpatrick
    Section Image
  • Carmen Fontecilla

    Seller's Agent in 2014

    Carmen Fontecilla

    Compass

    (301) 908-6672

    69 in this area

    281 Total Sales

    Carmen Fontecilla
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: MDMC2063566

Bright MLS

APN: 13-03518933

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 302, Silver Spring, MD

Not Listed for Sale

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