NOT LISTED FOR SALE

8045 Newell St, Unit 407 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $466,000 - $502,000

2 Beds
2 Baths
1,224 Sq Ft
44 Sq Ft Lot Lot

Sale Details

Date Sold: September 3, 2013

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

Est. 23% increase in value since last sale

Current estimated payment $3,460 / mo

3 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Takoma Park Middle School Rated A
  • 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) 298-1001 carmenhomes@gmail.com Compass Listed on: 07/11/2013

Compass

Last Buyer's Agent

Michael Gonzalez

(301) 450-6999 will.wiard@sideinc.com Perennial Real Estate License #640627

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
  • Heating System Uses Natural Gas
  • 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 Community
  • 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

44 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 3, 2013
Sold by
Bought by
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
$476,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,457
Avg. Annual Appreciation
1.66%
Original Mortgage
$366,700
Outstanding Balance
$270,988
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$205,469

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

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
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$386,000 Title Forward
$373,725 --
$373,725 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $366,700
Previous Owner $37,372
Previous Owner $298,600
Previous Owner $298,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,349 $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

    57 in this area

    247 Total Sales

    Carmen Fontecilla
    Section Image
  • Michael Gonzalez

    Buyer's Agent in 2013

    Michael Gonzalez

    Perennial Real Estate

    (301) 346-0926

    91 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

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