NOT LISTED FOR SALE

8045 Newell St, Unit 413 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $313,000 - $339,000

1 Bed
1 Bath
820 Sq Ft
44 Sq Ft Lot

Sale Details

Date Sold: February 6, 2020

Last sale price $300,000 $366 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,386 / mo

5 Days on Market

Highlights

  • Fitness Center
  • East Silver Spring Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

This spacious light-filled one bedroom condo is nestled in the heart of Silver Spring. Unit's open floor plan leads to a sitting area with floor to ceiling windows. Kitchen offers ample cabinet and counter space. Nice size bedroom has generous closet space. Building features a fitness center and community room. Prime location affords the convenience of being able to walk to the metro, shopping, restaurants, and entertainment. Downtown DC is only minutes away.

Last Agent to Sell the Property

Timothy Johnson

(240) 724-6550 realtortimothyjohnson@gmail.com Samson Properties Listed on: 12/26/2019

Samson Properties

Last Buyer's Agent

Martine Micozzi

(703) 836-1464 alexandria@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #0225213507

Berkshire Hathaway HomeServices PenFed Realty

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Shingle Siding

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Site Parking

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 161303518341
  • $200 Front Foot Fee per year

Community Details

Overview

  • Association fees include trash, exterior building maintenance, common area maintenance
  • Mid-Rise Community
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Common Area

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,184

Year Built

Built in 2005

Lot Details

44 Sq Ft Lot

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: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-12-26
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 381.71
  • 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: Shingle Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street, Off Site

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
  • 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
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Common Grounds
  • HOA Condo Co-Op Fee Includes: Trash, Ext Bldg Maint, Common Area Maintenance
  • 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

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100717
  • Tax Annual Amount: 3184.00
  • Assessor Parcel Number: 161303518341
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Front Foot Fee: 200.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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
Dec 26, 2019
Closed on
Feb 5, 2020
Sold by
Bought by
Seller's Agent
Timothy Johnson
Samson Properties
Buyer's Agent
Martine Micozzi
Berkshire Hathaway HomeServices PenFed Realty
List Price
$313,000
Sold Price
$300,000
Premium/Discount to List
-$13,000
-4.15%
Current Estimated Value
$325,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,721
Avg. Annual Appreciation
1.28%
Original Mortgage
$240,000
Outstanding Balance
$207,905
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$117,816

Purchase Details

Closed on
Feb 2, 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
$221,675
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Silver Spring, MD

  • Ariana Loucas Real Estate Agent - Compass

    Ariana Loucas

    Compass

    (844) 266-7711

    76 Total Sales

    1 in Downtown Silver Spring

    $334,366 Price

    Ariana Loucas
     Section Image
  • Rukiyat Mann Real Estate Agent - Coldwell Banker Realty

    Rukiyat Mann

    Coldwell Banker Realty

    (855) 303-1738

    36 Total Sales

    2 in Downtown Silver Spring

    $335K - $535K Price Range

    Rukiyat Mann
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    102 Total Sales

    1 in Downtown Silver Spring

    $525,000 Price

    Lindsay Clark
     Section Image
  • Melissa Terzis Real Estate Agent - TTR Sotheby's International Realty

    Melissa Terzis

    TTR Sotheby's International Realty

    (844) 248-8910

    79 Total Sales

    1 in Downtown Silver Spring

    $425,000 Price

    Melissa Terzis
     Section Image
  • Lou Muscarella Real Estate Agent - Compass

    Lou Muscarella

    Compass

    (301) 433-7460

    54 Total Sales

    1 in Downtown Silver Spring

    $254,500 Price

    Lou Muscarella
     Section Image
  • Tyler Siperko Real Estate Agent - Compass

    Tyler Siperko

    Responds Quickly

    Compass

    (667) 213-6539

    162 Total Sales

    1 in Downtown Silver Spring

    $258,000 Price

    Tyler Siperko
     Section Image
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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
$300,000 Prestige Title & Escrow Llc
$221,675 --
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 $240,000
Previous Owner $32,000
Previous Owner $221,675
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
02/06/2020 02/06/20 Sold $300,000 -4.2% $366 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $313,000 -- $382 / 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 $2,992 $308,333
2024 $3,564 $300,000 $90,000 $210,000
2023 $2,871 $300,000 $90,000 $210,000
2022 $2,724 $300,000 $90,000 $210,000
2021 $2,720 $300,000 $90,000 $210,000
2020 $2,607 $290,000 $0 $0
2019 $2,493 $280,000 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,116 $253,333 $0 $0
2016 -- $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

  • Timothy Johnson Real Estate Agent - Samson Properties

    Seller's Agent in 2020

    Timothy Johnson

    Samson Properties

    (240) 547-8104

    22 Total Sales

    Timothy Johnson
    Section Image
  • Martine Micozzi Real Estate Agent - BHHS PenFed (actual)

    Buyer's Agent in 2020

    Martine Micozzi

    BHHS PenFed (actual)

    (703) 944-9254

    24 Total Sales

    Martine Micozzi
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: MDMC690226

Bright MLS

APN: 13-03518341

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 413, Silver Spring, MD

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