NOT LISTED FOR SALE

8045 Newell St, Unit 406 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $467,637 - $490,000

2 Beds
2 Baths
1,221 Sq Ft
$528/mo HOA Fee

Last Sold August 13, 2020

Last sale price $450,000 $369 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,478/month

22 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gourmet Kitchen
  • Hayes Elementary School Rated 9+
  • Newspaper Service
  • Contemporary Architecture

About This Home

As of August 2020

**NOW IS YOUR CHANCE for the COMPLETE PACKAGE in Downtown Silver Spring** Welcome to this 1,200+ SF, corner, 2BR, 2BA condominium with BALCONY on a high floor at 8045 at Silver Spring Metro! #406 is the possible flagship offering in the building as this home has been heavily upgraded by the current owners to include wonderful floors in the common areas, a lovely and large owner's bath with marble and glass shower, stainless steel kitchen appliances (including deep professional sink), sparkling throughout, custom blinds, and more. On a quiet corner of the building with a 270-degree vista to points west, north and east from your private balcony overlooking sunsets, trees & Downtown Silver Spring, it also comes with a garage parking space. 8045 Newell Street is a full-service, pet-friendly, smoke-free building with low monthly fees and great amenities including an on-site manager, gym, entry lobby, community patio, and party room. All this, and only steps Metro, area grocers, galleries and restaurants (Walk Score of 86)! PRICED BELOW COMPS!

Last Agent to Sell the Property

Trent Heminger

(202) 210-6448 trent@trentandco.com Compass License #SP102135 Listed on: 06/26/2020

Compass

Co-Listed By

Kevin Gray

(202) 360-3945 kevin@trentandco.com Compass License #600499

Last Buyer's Agent

Sherry Brennan

(240) 876-1677 sherry.brennan@longandfoster.com Long & Foster Real Estate, Inc. License #300407

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • Basement Garage

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,221 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303518990

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, gas, insurance, health club, lawn maintenance, management, parking fee, reserve funds, recreation facility, sewer, snow removal, trash, water, road maintenance
  • Mid-Rise Condominium
  • 8045 @ Silver Spring Metro Condos
  • 8045 @ Silver Spring Metro Community
  • Silver Spring Subdivision

Amenities

  • Concierge
  • Newspaper Service
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,574

Year Built

Built in 2005

Lot Details

0

HOA Fees

$528 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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
  • Entry Floor: 4
  • Flooring Type: Ceramic Tile, Carpet, Stone
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Flat, Window Treatments, Walk-In Closet(s), Stall Shower, Kitchen - Gourmet
  • Window Features: Screens
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1221
  • Living Area Sq Ft: 1221
  • Price Per Sq Ft: 368.47
  • Above Grade Finished Sq Ft: 1221
  • 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: 1.00
  • Garage: No
  • Garage Features: Basement Garage, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 528.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 @ Silver Spring Metro
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Newspaper Service, Party Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Insurance, Health Club, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Recreation Facility, Sewer, Snow Removal, Trash, Water, Road Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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

  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 14100782
  • Tax Annual Amount: 4574.00
  • Assessor Parcel Number: 161303518990
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 13, 2020
Sold by
Mulhauser Whitney Ann and Donnelly Eamonn
Bought by
Tamariz John S and Caicedo Andrea
Seller's Agent
Trent Heminger
Compass
Buyer's Agent
Sherry Brennan
Long & Foster Real Estate, Inc.
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$476,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,909
Avg. Annual Appreciation
1.10%
Original Mortgage
$436,500
Outstanding Balance
$384,716
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$92,193

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 9, 2018
Sold by
Corrado Thomas F and Corrado Christina M
Bought by
Mulhauser Whitney Ann and Donnelly Eamonn
Seller's Agent
Jennifer Myers
Reverie Residential
Buyer's Agent
Kevin Gray
Compass
List Price
$425,000
Sold Price
$431,000
Premium/Discount to List
$6,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$43,057
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2007
Sold by
Perez Luisa F
Bought by
Corrado Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2007
Sold by
Perez Luisa F
Bought by
Corrado Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
8045 Newell St Llc
Bought by
Perez Luisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 2, 2006
Sold by
8045 Newell St Llc
Bought by
Perez Luisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tamariz John S $450,000 Allied Title & Escrow Llc
Mulhauser Whitney Ann $431,000 Allied Title & Escrow
Corrado Thomas F $400,000 --
Corrado Thomas F $400,000 --
Perez Luisa F $335,300 --
Perez Luisa F $335,300 --
Perez Luisa F $335,300 --
Perez Luisa F $335,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamariz John S $436,500
Previous Owner Mulhauser Whitney Ann $43,057
Previous Owner Mulhauser Whitney Ann $344,843
Previous Owner Corrado Thomas F $400,000
Previous Owner Corrado Thomas F $400,000
Previous Owner Perez Luisa F $67,000
Previous Owner Perez Luisa F $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2020 08/13/20 Sold $450,000 0.0% $369 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $449,900 0.0% $368 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $449,900 +4.4% $368 / Sq Ft
03/09/2018 03/09/18 Sold $431,000 +1.4% $355 / Sq Ft View Prior Sale
02/17/2018 02/17/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $425,000 -- $350 / 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 $5,268 $450,000 -- --
2024 $5,268 $445,000 $133,500 $311,500
2023 $4,518 $440,000 $0 $0
2022 $4,246 $435,000 $0 $0
2021 $8,369 $430,000 $129,000 $301,000
2020 $8,070 $416,667 $0 $0
2019 $4,574 $403,333 $0 $0
2018 $4,402 $390,000 $117,000 $273,000
2017 $3,525 $373,333 $0 $0
2016 $3,820 $356,667 $0 $0
2015 $3,820 $340,000 $0 $0
2014 $3,820 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trent Heminger

    Seller's Agent in 2020

    Trent Heminger

    Compass

    (202) 210-6448

    2 in this area

    724 Total Sales

    Trent Heminger
    Section Image
  • Kevin Gray

    Seller Co-Listing Agent in 2020

    Kevin Gray

    Compass

    (202) 360-3945

    113 Total Sales

    Kevin Gray
    Section Image
  • Sherry Brennan

    Buyer's Agent in 2020

    Sherry Brennan

    Long & Foster

    (240) 876-1677

    82 Total Sales

    Sherry Brennan
    Section Image

  • J

    Seller's Agent in 2018

    Jennifer Myers

    Reverie Residential

    (877) 983-9355

    Jennifer Myers
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC713710

Bright MLS

APN: 13-03518990

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 406, Silver Spring, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes