NOT LISTED FOR SALE

8045 Newell St, Unit 316 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $336,000 - $349,000

1 Bed
1 Bath
883 Sq Ft
$501/mo HOA Fee

Last Sold May 20, 2024

Last sale price $350,000 $396 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,628/month

1 Day on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Contemporary Architecture
  • Takoma Park Middle School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2024

OPEN HOUSE Cancelled. Step into the heart of vibrant city life with this sophisticated 1-bedroom, 1-bathroom + Den gem nestled in the thriving community of Silver Spring. Positioned at 8045 Newell Street, Unit 316, your new home spans 883 square feet of stylish comfort designed for the modern buyer. Revel in the sleek wood floors that guide you through an open floor plan, set up for social gatherings or peaceful solitude alike. And enjoy the plush new carpet in the bedroomFor the dynamic professional or the tranquil at-home enthusiast, a versatile den/office space awaits, ready to become your productivity hub or cozy reading nook. Your private balcony is the perfect perch for sipping morning coffee while drinking in the urban panorama or unwinding under the stars after a long day.Practicality meets luxury with coveted amenities like an in-unit washer & dryer, complemented by a newly installed water heater to ensure warm, soothing showers on demand. The bonus of a dedicated garage parking space eliminates the hassles of city parking.Live where the action is: downtown Silver Spring welcomes you with its eclectic dining scene, fashionable shopping selections, and the convenience of metro access just a stone's throw away. This residence is not just a home; it's the city dwellers' dream made tangible. Embrace the lifestyle you deserve and claim this urban treasure as your own.Don't miss the opportunity to immerse yourself in the vibrant urban lifestyle this home offers. Book your private tour today and experience the epitome of modern city living.

Last Agent to Sell the Property

Sherine Monir

(202) 536-4043 sherine@smdg-llc.com Compass License #SP98372665 Listed on: 05/03/2024

Compass

Last Buyer's Agent

Nikki Cooper

(240) 793-5563 nikki@thecoopersgroup.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • 77 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 883 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518738

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, management, parking fee, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • 2 Elevators

Recreation

Pet Policy

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

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,740

Year Built

Built in 2005

Lot Details

0

HOA Fees

$501 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
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: OPEN HOUSE Cancelled. Step into the heart of vibrant city life with this sophisticated 1-bedroom, 1-bathroom + Den gem nestled in the thriving community of Silver Spring. Positioned at 8045 Newell Street, Unit 316, your new home spans 883 square feet of stylish comfort designed for the modern buyer. Revel in the sleek wood floors that guide you through an open floor plan, set up for social gatherings or peaceful solitude alike. And enjoy the plush new carpet in the bedroom For the dynamic professional or the tranquil at-home enthusiast, a versatile den/office space awaits, ready to become your productivity hub or cozy reading nook. Your private balcony is the perfect perch for sipping morning coffee while drinking in the urban panorama or unwinding under the stars after a long day. Practicality meets luxury with coveted amenities like an in-unit washer & dryer, complemented by a newly installed water heater to ensure warm, soothing showers on demand. The bonus of a dedicated garage parking space eliminates the hassles of city parking. Live where the action is: downtown Silver Spring welcomes you with its eclectic dining scene, fashionable shopping selections, and the convenience of metro access just a stone's throw away. This residence is not just a home; it's the city dwellers' dream made tangible. Embrace the lifestyle you deserve and claim this urban treasure as your own. Don't miss the opportunity to immerse yourself in the vibrant urban lifestyle this home offers. Book your private tour today and experience the epitome of modern city living.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Recessed Lighting, Tub Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 883
  • Living Area Sq Ft: 883
  • Price Per Sq Ft: 390.71
  • Above Grade Finished Sq Ft: 883
  • 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
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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: 77
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 501.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 AT SILVER SPRING METRO
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Management, Parking Fee, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: 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
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2023
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3740.00
  • Assessor Parcel Number: 161303518738
  • Tax Total Finished Sq Ft: 883
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/20/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 17, 2024
Sold by
Gonzalez Anna M
Bought by
Kawatu Mpeza
Seller's Agent
Sherine Monir
Compass
Buyer's Agent
Nikki Cooper
Compass
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Views
18
Current Estimated Value
$343,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,715
Avg. Annual Appreciation
-1.35%
Original Mortgage
$12,500
Outstanding Balance
$12,343
Interest Rate
7.1%
Estimated Equity
$330,942

Purchase Details

Listed on
Jul 27, 2012
Closed on
Jul 19, 2013
Sold by
Belton Linda D
Bought by
Gonzalez Anna M
Seller's Agent
Calvin Holt
Long & Foster Real Estate, Inc.
Buyer's Agent
Chukwuemeka Mokwunye
Compass
List Price
$250,000
Sold Price
$263,000
Premium/Discount to List
$13,000
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$210,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Neurick Alan B
Bought by
Belton Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Neurick Alan B
Bought by
Belton Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2006
Sold by
8045 Newell St Llc
Bought by
Neurick Alan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,936
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2006
Sold by
8045 Newell St Llc
Bought by
Neurick Alan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,936
Interest Rate
6.27%
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
Kawatu Mpeza $350,000 Kvs Title
Kawatu Mpeza $350,000 Kvs Title
Gonzalez Anna M $263,000 Sage Title Group Llc
Belton Linda D $340,000 --
Belton Linda D $340,000 --
Neurick Alan B $259,575 --
Neurick Alan B $259,575 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kawatu Mpeza $12,500
Closed Kawatu Mpeza $12,500
Open Kawatu Mpeza $332,500
Closed Kawatu Mpeza $332,500
Previous Owner Gonzalez Anna M $210,400
Previous Owner Belton Linda D $323,000
Previous Owner Belton Linda D $323,000
Previous Owner Neurick Alan B $38,936
Previous Owner Neurick Alan B $207,660
Previous Owner Neurick Alan B $207,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $350,000 +1.4% $396 / Sq Ft
05/03/2024 05/03/24 For Sale $345,000 0.0% $391 / Sq Ft
02/25/2020 02/25/20 Rented $1,800 0.0% --
01/25/2020 01/25/20 Under Contract -- -- --
01/18/2020 01/18/20 For Rent $1,800 0.0% --
07/19/2013 07/19/13 Sold $263,000 +3.1% $298 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Price Changed $255,000 +2.0% $289 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $250,000 0.0% $283 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $250,000 -- $283 / 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 $3,741 $323,333 -- --
2024 $3,741 $315,000 $94,500 $220,500
2023 $3,740 $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 $3,468 $305,000 $0 $0
2019 $2,662 $295,000 $0 $0
2018 $2,555 $285,000 $85,500 $199,500
2017 $2,487 $276,667 $0 $0
2016 -- $268,333 $0 $0
2015 $2,630 $260,000 $0 $0
2014 $2,630 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherine Monir

    Seller's Agent in 2024

    Sherine Monir

    Compass

    (202) 536-4043

    1 in this area

    66 Total Sales

    Sherine Monir
    Section Image
  • Nikki Cooper

    Buyer's Agent in 2024

    Nikki Cooper

    Compass

    (240) 793-5563

    1 in this area

    103 Total Sales

    Nikki Cooper
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Member

    Metropolitan Regional Information Systems

  • C

    Seller's Agent in 2013

    Calvin Holt

    Long & Foster

    Section Image
  • Chukwuemeka Mokwunye

    Buyer's Agent in 2013

    Chukwuemeka Mokwunye

    Compass

    (202) 415-0271

    1 in this area

    29 Total Sales

    Chukwuemeka Mokwunye
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2129578

Bright MLS

APN: 13-03518738

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 316, Silver Spring, MD

This home is located at 8045 Newell St Unit 316, Silver Spring, MD 20910 since 03 May 2024 and is currently estimated at $343,285, approximately $388 per square foot. This property was built in 2005. 8045 Newell St Unit 316 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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