NOT LISTED FOR SALE

Estimated Value: $325,000 - $387,000

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

Last Sold December 23, 2019

Last sale price $312,000 $380 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,456/month

2 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • City View
  • Hayes Elementary School Rated 9+
  • Gated Community
  • Contemporary Architecture

About This Home

As of December 2019

Enjoy the fun and convenience of downtown living in this luxury large one bedroom plus SUN ROOM condo. Natural light beams from floor to ceiling in this amazing floor plan. View to the best sunset in town. The gourmet kitchen has granite counters and new stainless steel oven and microwave. The stainless steel refrigerator and dishwasher have also been recently updated. The bedroom has a large walk-in closet connecting to the full bath. New hardwood floors cover the living areas and bedroom, and the unit is freshly painted. 8045 Newell Street is a pet-friendly building with a gym, resident lounge, and party room. Enjoy the amenities of vibrant Silver Spring with shops, entertainment, restaurants, and more. Walking distance to Metro.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 11/22/2019

Compass

Last Buyer's Agent

Eyvonne Wilson

(301) 980-9053 eyvonne.wilson@lnf.com Long & Foster Real Estate, Inc. License #594104

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $343 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • City Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Front Loading 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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303518192
  • $214 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, reserve funds, trash, water
  • 120 Units
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos, Phone Number (301) 388-1005
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Party Room
  • 2 Elevators

Recreation

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,184

Year Built

Built in 2005

Lot Details

0

HOA Fees

$343 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: Elevator, 36"+ Wide Halls, Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Appliances, light fixtures
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Kitchen - Gourmet, Combination Dining/Living, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional, Ceiling Fan(s), Walk-In Closet(s)
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 364.63
  • 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, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Street, City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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
  • 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: 342.76
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 at Silver Spring Metro
  • Condo Co-Op Phone: 3013881005
  • 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, Reserve Funds, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100703
  • Tax Annual Amount: 3184.00
  • Assessor Parcel Number: 161303518192
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Front Foot Fee: 214.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 23, 2019
Sold by
Walton Robert Warren and Walton Robert Jason
Bought by
Richards Suzanne and Richards Donald
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Eyvonne Wilson
Long & Foster Real Estate, Inc.
List Price
$299,000
Sold Price
$312,000
Premium/Discount to List
$13,000
4.35%
Current Estimated Value
$344,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,832
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Feb 26, 2007
Sold by
Siervo Joseph E
Bought by
Walton Robert Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2007
Sold by
Siervo Joseph E
Bought by
Walton Robert Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
8045 Newell St Llc
Bought by
Nordalm Siervo Joseph E and Nordalm Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,110
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2006
Sold by
8045 Newell St Llc
Bought by
Nordalm Siervo Joseph E and Nordalm Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,110
Interest Rate
6.23%
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
Richards Suzanne $312,000 Rgs Title Llc
Walton Robert Warren $310,000 --
Walton Robert Warren $310,000 --
Nordalm Siervo Joseph E $225,550 --
Nordalm Siervo Joseph E $225,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walton Robert Warren $225,000
Previous Owner Walton Robert Warren $225,000
Previous Owner Nordalm Siervo Joseph E $45,110
Previous Owner Nordalm Siervo Joseph E $180,440
Previous Owner Nordalm Siervo Joseph E $180,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $312,000 +4.3% $380 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $299,000 -- $365 / 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 $3,564 $308,333 -- --
2024 $3,564 $300,000 $90,000 $210,000
2023 $3,563 $300,000 $90,000 $210,000
2022 $3,416 $300,000 $90,000 $210,000
2021 $3,412 $300,000 $90,000 $210,000
2020 $0 $290,000 $0 $0
2019 $3,185 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,116 $253,333 $0 $0
2016 $2,091 $236,667 $0 $0
2015 $2,091 $220,000 $0 $0
2014 $2,091 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC687772

Bright MLS

APN: 13-03518192