NOT LISTED FOR SALE

8045 Newell St, Unit 407 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $469,000 - $491,000

2 Beds
2 Baths
1,224 Sq Ft
$445/mo HOA Fee

Last Sold September 03, 2013

Last sale price $386,000 $315 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,399/month

3 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Hayes Elementary School Rated 9+
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2013

Enjoy city living in this luxury condo in Dtwn Silver Spring . Gourmet kitchen, granite counter tops. Excellent floor plan, the best in the building with large balcony & plenty of natural light in each room. Large bedroom includes a walk-in closet. W/D inside unit. New carpet & Ceramic tile in kitchen & bathrooms. Fitness room & party room. Covered parking space convey. Close to METRO, restaurants

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 07/11/2013

Compass

Last Buyer's Agent

Michael Gonzalez

(301) 346-0926 michael.gonzalez@redfin.com Perennial Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,672

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Parking

  • Covered Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Chairlift
  • Ramp on the main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303519048

Community Details

Overview

  • 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
  • Silver Spring Metro Community
  • 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

$4,672

Year Built

Built in 2005

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Chairlift, Elevator, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Upgraded Countertops, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 314.54
  • Above Grade Finished Sq Ft: 1224
  • 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 Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Intercom, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 444.75
  • 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
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 238000.00
  • Land Assessed Value: 102000.00
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100787
  • Tax Annual Amount: 4672.44
  • Assessor Parcel Number: 161303519048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 3, 2013
Sold by
Duckenfield Eelyn N
Bought by
Runco James J
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Michael Gonzalez
Perennial Real Estate
List Price
$385,000
Sold Price
$386,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$477,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,712
Avg. Annual Appreciation
1.76%
Original Mortgage
$366,700
Outstanding Balance
$270,988
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$206,724

Purchase Details

Closed on
Feb 13, 2006
Sold by
8045 Newell St Llc
Bought by
Duckenfield Evelyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,372
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
8045 Newell St Llc
Bought by
Duckenfield Evelyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,372
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Runco James J $386,000 Title Forward
Duckenfield Evelyn N $373,725 --
Duckenfield Evelyn N $373,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runco James J $366,700
Previous Owner Duckenfield Evelyn N $37,372
Previous Owner Duckenfield Evelyn N $298,600
Previous Owner Duckenfield Evelyn N $298,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $386,000 +0.3% $315 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $385,000 -- $315 / 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 $5,922 $441,667 $0 $0
2022 $3,533 $438,333 $0 $0
2021 $4,241 $435,000 $130,500 $304,500
2020 $4,073 $420,000 $0 $0
2019 $3,901 $405,000 $0 $0
2018 $120 $390,000 $117,000 $273,000
2017 $3,525 $373,333 $0 $0
2016 -- $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

  • Carmen Fontecilla

    Seller's Agent in 2013

    Carmen Fontecilla

    Compass

    (301) 908-6672

    71 in this area

    284 Total Sales

    Carmen Fontecilla
    Section Image
  • Michael Gonzalez

    Buyer's Agent in 2013

    Michael Gonzalez

    Perennial Real Estate

    (301) 346-0926

    106 Total Sales

    Michael Gonzalez
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: 1003530416

Bright MLS

APN: 13-03519048

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 407, Silver Spring, MD

Not Listed for Sale

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