$330,000
SOLD NOV 3, 2022
1 Bed
1 Bath
883 Sq Ft
$449/mo HOA Fee

Recently Sold

$374 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Party Room
  • Takoma Park Middle School Rated A
  • Contemporary Architecture
  • Den

About This Home

As of May 2025

Welcome to 8045 at Silver Spring Metro. A rarely available one-bedroom with a den condo is in the heart of Downtown Silver Spring. This unit offers an updated kitchen with maple cabinets, granite countertops, and stainless steel appliances. The den provides the flexibility to have a work-like atmosphere at home, or you have the option to convert it to a guest room. Enjoy your morning coffee in the light-filled living room and dining room. The spacious bedroom offers natural light and a large-size walk-in closet. The full bath offers a tub, shower, stackable washer, and dryer. Enjoy fall sites off the balcony overlooking the courtyard. Also, the building offers on-site management, a fitness gym, a resident lounge, one of the most pet-friendly buildings, and a party room. The unit also conveys with dedicated parking space in the building garage. You are conveniently located near the Silver Spring Metro, entertainment, restaurants, and shops.

Last Agent to Sell the Property

Jason Bradley

Compass License #583286 Listed on: 09/23/2022

Compass

Last Buyer's Agent

Elisa Bragale

Coldwell Banker Realty License #657483

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,585

Year Built

  • Built in 2005

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Basement Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 883 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 161303518784
  • $214 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, recreation facility, reserve funds, snow removal, sewer, trash
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager
  • Property has 5 Levels

Amenities

  • Common Area
  • Party Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,585

Year Built

Built in 2005

Lot Details

0

HOA Fees

$449 per month

Parking

39

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
  • Expected On Market: 2022-09-23
  • Year Built: 2005
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 8045 at Silver Spring Metro. A rarely available one-bedroom with a den condo is in the heart of Downtown Silver Spring. This unit offers an updated kitchen with maple cabinets, granite countertops, and stainless steel appliances. The den provides the flexibility to have a work-like atmosphere at home, or you have the option to convert it to a guest room. Enjoy your morning coffee in the light-filled living room and dining room. The spacious bedroom offers natural light and a large-size walk-in closet. The full bath offers a tub, shower, stackable washer, and dryer. Enjoy fall sites off the balcony overlooking the courtyard. Also, the building offers on-site management, a fitness gym, a resident lounge, one of the most pet-friendly buildings, and a party room. The unit also conveys with dedicated parking space in the building garage. You are conveniently located near the Silver Spring Metro, entertainment, restaurants, and shops.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Den, Foyer, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 883
  • Living Area Sq Ft: 883
  • Price Per Sq Ft: 384.94
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 39.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 39
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 39

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 448.53
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Elevator, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Recreation Facility, Reserve Funds, Snow Removal, Sewer, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 220500.00
  • Land Assessed Value: 94500.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: CBD1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14100761
  • Tax Annual Amount: 3585.00
  • Assessor Parcel Number: 161303518784
  • Tax Total Finished Sq Ft: 883
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/03/2022

Multi Family

  • Front Foot Fee: 214.24

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 19, 2025
Sold by
Hinshaw Michael
Bought by
Chen Chi-Wei
Seller's Agent
Elisa Bragale
Coldwell Banker Realty
Buyer's Agent
Linda Chen
Syspek Realty, Inc.
List Price
$349,900
Sold Price
$349,900
Views
28
Current Estimated Value
$347,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,026
Avg. Annual Appreciation
-2.05%

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 3, 2022
Sold by
Sokol Melissa
Bought by
Hinshaw Michael
Seller's Agent
Jason Bradley
Compass
Buyer's Agent
Elisa Bragale
Coldwell Banker Realty
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%
Views
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
2.33%
Original Mortgage
$313,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2018
Closed on
Aug 29, 2018
Sold by
Grunseth Michael D
Bought by
Sokol Melissa
Seller's Agent
Karen Forsythe
Q. Williams Real Estate Associates
Buyer's Agent
Marie Ntam
Compass
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Abebe Sergout
Bought by
Grunseth Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2006
Sold by
8045 Newell St Llc
Bought by
Abebe Sergout

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,720
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
8045 Newell St Llc
Bought by
Abebe Sergout

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,720
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $349,900 Rgs Title
Deed $330,000 Title Resources Guaranty
Deed $320,000 First American Title Ins Co
Deed $250,000 Title Resources Guaranty Co
Deed $274,725 --
Deed $274,725 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $313,500 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $233,000 Stand Alone Second
Previous Owner $227,250 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $296,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $218,720 Purchase Money Mortgage
Previous Owner $218,720 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $349,900 0.0% $396 / Sq Ft
04/09/2025 04/09/25 For Sale $349,900 +6.0% $396 / Sq Ft
11/03/2022 11/03/22 Sold $330,000 -2.9% $374 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $339,900 +6.2% $385 / Sq Ft
08/29/2018 08/29/18 Sold $320,000 0.0% $362 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $320,000 -- $362 / 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 $4,432 $315,000 $94,500 $220,500
2022 $2,893 $315,000 $94,500 $220,500
2021 $2,889 $315,000 $94,500 $220,500
2020 $2,776 $305,000 $0 $0
2019 $2,662 $295,000 $0 $0
2018 $3,217 $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

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Map

Source: Bright MLS

MLS Number: MDMC2070118

Bright MLS

APN: 13-03518784