NOT LISTED FOR SALE

8045 Newell St, Unit 321 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $325,057 - $429,000

1 Bed
1 Bath
820 Sq Ft
$343/mo HOA Fee

Last Sold April 12, 2019

Last sale price $303,000 $370 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,512/month

39 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Combination Kitchen and Living

About This Home

As of April 2019

BACK ON THE MARKET!! Charming bright expanded one bedroom condo with gleaming hardwood floors, granite countertops, gas stove, breakfast bar, walk-thru closet, Washer/Dryer. Excellent value in strong downtown Silver Spring condominium complex just 0.42 Mile to Metro! Pets OK. Assigned parking conveys.Walk to shopping w/grocery & restaurants. Gym at entrance level. Good closet space-Whole Foods Nearby

Last Agent to Sell the Property

Simone Velvel

(703) 507-7614 simone@jasonmartingroup.com Real Broker, LLC Listed on: 02/07/2019

Real Broker, LLC

Last Buyer's Agent

Brian Lumpkin

(301) 520-5818 brian.w.lumpkin@gmail.com RLAH @properties

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • 1 Subterranean Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Living
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303518432

Community Details

Overview

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

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,297

Year Built

Built in 2005

Lot Details

0

HOA Fees

$343 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
  • Historic: No
  • Home Warranty: No
  • Inclusions: Washer/Dryer in the unit, assigned parking
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-02-07
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Bar, Combination Kitchen/Living, Dining Area, Elevator, Floor Plan - Open, Pantry, Sprinkler System, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 377.93
  • 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: Combination
  • Spa: No
  • 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: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 342.76
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Parking Fee, Snow Removal, Sewer, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 196000.00
  • Land Assessed Value: 84000.00
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14100725
  • Tax Annual Amount: 3297.00
  • Assessor Parcel Number: 161303518432
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 8, 2019
Sold by
Deussing Eric C
Bought by
Viswanathan Vivek
Seller's Agent
Simone Velvel
Real Broker, LLC
Buyer's Agent
Brian Lumpkin
RLAH @properties
List Price
$309,900
Sold Price
$303,000
Premium/Discount to List
-$6,900
-2.23%
Current Estimated Value
$355,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,014
Avg. Annual Appreciation
2.41%
Original Mortgage
$243,915
Outstanding Balance
$213,119
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$141,895

Purchase Details

Closed on
May 5, 2006
Sold by
Baker Lewis D
Bought by
Deussing Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Baker Lewis D
Bought by
Deussing Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,900
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
8045 Newell St Llc
Bought by
Baker Lewis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,418
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 13, 2006
Sold by
8045 Newell St Llc
Bought by
Baker Lewis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,418
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Viswanathan Vivek $303,000 Cla Title & Escrow
Deussing Eric C $314,900 --
Deussing Eric C $314,900 --
Baker Lewis D $234,185 --
Baker Lewis D $234,185 --
Baker Lewis D $234,185 --
Baker Lewis D $234,185 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viswanathan Vivek $243,915
Previous Owner Deussing Eric C $314,900
Previous Owner Deussing Eric C $314,900
Previous Owner Baker Lewis D $23,418
Previous Owner Baker Lewis D $187,348
Previous Owner Baker Lewis D $187,348
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $303,000 -2.2% $370 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $309,900 0.0% $378 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $309,900 -- $378 / 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 $3,600 $313,667 -- --
2024 $3,600 $303,000 $90,900 $212,100
2023 $2,907 $303,000 $90,900 $212,100
2022 $2,758 $303,000 $90,900 $212,100
2021 $2,833 $310,000 $93,000 $217,000
2020 $5,440 $300,000 $0 $0
2019 $2,605 $290,000 $0 $0
2018 $3,160 $280,000 $84,000 $196,000
2017 $2,233 $263,333 $0 $0
2016 $2,191 $246,667 $0 $0
2015 $2,191 $230,000 $0 $0
2014 $2,191 $229,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Simone Velvel

    Seller's Agent in 2019

    Simone Velvel

    Real Broker, LLC

    (703) 507-7614

    1 in this area

    60 Total Sales

    Simone Velvel
    Section Image
  • Brian Lumpkin

    Buyer's Agent in 2019

    Brian Lumpkin

    Real Living at Home

    (301) 520-5818

    68 Total Sales

    Brian Lumpkin
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC559702

Bright MLS

APN: 13-03518432

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 321, Silver Spring, MD

Not Listed for Sale

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