NOT LISTED FOR SALE

8045 Newell St, Unit 324 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $467,000 - $490,000

2 Beds
2 Baths
1,214 Sq Ft
$476/mo HOA Fee

Last Sold June 30, 2016

Last sale price $395,000 $325 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,408/month

7 Days on Market

Highlights

  • Fitness Center
  • Gourmet Galley Kitchen
  • Open Floorplan
  • Hayes Elementary School Rated 9+
  • Gated Community
  • Contemporary Architecture

About This Home

As of June 2016

Amazing floor plan with gourmet kitchen, large rooms, and plenty of natural light, and spacious balcony. Ample closet space in both bedrooms and large attached baths. Reserved parking space in attached garage conveys. Enjoy the amenities of downtown with its restaurants, shopping, entertainment, and more. Close to metro.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 05/12/2016

Compass

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 05/12/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 2005

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $476 Monthly HOA Fees

Parking

  • Parking Space Number Location: 60
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gourmet Galley Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303519232
  • $214 Front Foot Fee per year

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, trash, water
  • 120 Units
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Community
  • 8045 At Silver Spring Metro Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,831

Year Built

Built in 2005

Lot Details

0

HOA Fees

$476 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, 36"+ Wide Halls, Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Galley, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 321.25
  • Above Grade Finished Sq Ft: 1214
  • 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
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks, Street Lights, Extensive Hardscape
  • Pool Private: 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
  • Parking Space Number Assigned: 60
  • Garage Features: Covered Parking
  • 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
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Intercom, Main Entrance Lock, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 476.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Party Room, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed, Moving Fees Required
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 269500.00
  • Land Assessed Value: 115500.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100806
  • Tax Annual Amount: 3830.67
  • Assessor Parcel Number: 161303519232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

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

Closed on
Feb 6, 2025
Sold by
Margulies Miriam C
Bought by
Miriam C Margulies Revocable Trust and Margulies
Current Estimated Value
$475,413

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 30, 2016
Sold by
Chiang Roger
Bought by
Margulies Miriam C
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$390,000
Sold Price
$395,000
Premium/Discount to List
$5,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$105,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2007
Sold by
Buenting Mary D and Buenting Robert E
Bought by
Howery Carla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2007
Sold by
Buenting Mary D and Buenting Robert E
Bought by
Howery Carla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2006
Sold by
8045 Newell St Llc
Bought by
Buenting Mary D and Buenting Robert E

Purchase Details

Closed on
Feb 2, 2006
Sold by
8045 Newell St Llc
Bought by
Buenting Mary D and Buenting Robert E
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
Miriam C Margulies Revocable Trust -- None Listed On Document
Miriam C Margulies Revocable Trust -- None Listed On Document
Margulies Miriam C $395,000 District Title
Howery Carla B $378,000 --
Howery Carla B $378,000 --
Buenting Mary D $377,130 --
Buenting Mary D $377,130 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margulies Miriam C $105,000
Previous Owner Howery Carla B $75,600
Previous Owner Howery Carla B $302,400
Previous Owner Howery Carla B $302,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $395,000 +1.3% $325 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $390,000 -- $321 / 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 $5,151 $443,333 -- --
2024 $5,151 $435,000 $130,500 $304,500
2023 $4,440 $433,333 $0 $0
2022 $3,479 $431,667 $0 $0
2021 $4,184 $430,000 $129,000 $301,000
2020 $4,016 $415,000 $0 $0
2019 $3,845 $400,000 $0 $0
2018 $3,683 $385,000 $115,500 $269,500
2017 $3,466 $368,333 $0 $0
2016 -- $351,667 $0 $0
2015 $3,695 $335,000 $0 $0
2014 $3,695 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2016

    Carmen Fontecilla

    Compass

    (301) 908-6672

    71 in this area

    284 Total Sales

    Carmen Fontecilla
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: 1002426503

Bright MLS

APN: 13-03519232

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 324, Silver Spring, MD

Not Listed for Sale

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