$348,000
SOLD OCT 25, 2024
1 Bed
1 Bath
899 Sq Ft
$501/mo HOA Fee

Recently Sold

$387 Per Sq Ft

1% Above List Price

14 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Takoma Park Middle School Rated A
  • Gated Community
  • Contemporary Architecture

About This Home

As of October 2024

Welcome to 8045 Newell Street, Unit 419—a charming 1 bedroom plus den condo nestled in the heart of vibrant downtown Silver Spring. This beautifully updated residence offers a perfect blend of urban convenience and tranquil retreat. Enjoy a short walk to the Metro, bus stops, dining, and shopping, while savoring a peaceful setting just off the main thoroughfare.

Inside, you'll find a stylish and modern interior featuring upgraded luxury vinyl plank (LVP) flooring, custom paint, and elegant crown molding throughout. The open-concept living area is bathed in natural light and extends to a private balcony, ideal for relaxation. The gourmet kitchen is a standout, with granite countertops, bar seating, stainless steel appliances, a gas range, and beautiful cabinetry, making it a chef’s delight.

The versatile den provides flexible space that can serve as a home office, yoga studio, or guest room, adapting to your needs. The spacious bedroom includes two closets and a ceiling fan, ensuring comfort and ample storage. The unit also boasts a full bathroom with modern fixtures and finishes.

Situated in a secure, well-maintained building, this condo features key fob entry, a sleek modern lobby, a private gym facility, and a welcoming outdoor terrace for residents to enjoy. This condo perfectly balances style, functionality, and location, offering an exceptional living experience. Don’t miss out on the opportunity to make this amazing unit your new home—contact us today to schedule a viewing!

Last Agent to Sell the Property

Brett Rubin

(301) 602-2848 brett.rubin@compass.com Compass Listed on: 09/11/2024

Compass

Last Buyer's Agent

Anh Boesch

(301) 943-5722 anh.boesch@outlook.com RLAH @properties License #638776

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,628

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • Assigned parking located at ##50
  • Side Facing Garage
  • 1 Assigned Parking Space

Home Design

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

Interior Spaces

  • 899 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 161303518795

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn maintenance, management, parking fee, trash, water, reserve funds, common area maintenance
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos
  • Silver Spring Metro Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,628

Year Built

Built in 2005

Lot Details

0

HOA Fees

$501 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
  • Expected On Market: 2024-09-11
  • Year Built: 2005
  • Assigned Parking Space Numbers: #50
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 8045 Newell Street, Unit 419—a charming 1 bedroom plus den condo nestled in the heart of vibrant downtown Silver Spring. This beautifully updated residence offers a perfect blend of urban convenience and tranquil retreat. Enjoy a short walk to the Metro, bus stops, dining, and shopping, while savoring a peaceful setting just off the main thoroughfare. Inside, you'll find a stylish and modern interior featuring upgraded luxury vinyl plank (LVP) flooring, custom paint, and elegant crown molding throughout. The open-concept living area is bathed in natural light and extends to a private balcony, ideal for relaxation. The gourmet kitchen is a standout, with granite countertops, bar seating, stainless steel appliances, a gas range, and beautiful cabinetry, making it a chef’s delight. The versatile den provides flexible space that can serve as a home office, yoga studio, or guest room, adapting to your needs. The spacious bedroom includes two closets and a ceiling fan, ensuring comfort and ample storage. The unit also boasts a full bathroom with modern fixtures and finishes. Situated in a secure, well-maintained building, this condo features key fob entry, a sleek modern lobby, a private gym facility, and a welcoming outdoor terrace for residents to enjoy. This condo perfectly balances style, functionality, and location, offering an exceptional living experience. Don’t miss out on the opportunity to make this amazing unit your new home—contact us today to schedule a viewing!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 4
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Den
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 899
  • Living Area Sq Ft: 899
  • Price Per Sq Ft: 383.76
  • Above Grade Finished Sq Ft: 899
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8045

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: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • 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
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 501.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 at Silver Spring Metro
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Gated Community, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Trash, Water, Reserve Funds, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony, Terrace
  • Year Assessed: 2024
  • Zoning: CBD1
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 4628.00
  • Assessor Parcel Number: 161303518795
  • Tax Total Finished Sq Ft: 883
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/25/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 25, 2024
Sold by
Magnani Nicole
Bought by
Guerrier Valerie
Seller's Agent
Brett Rubin
Compass
Buyer's Agent
Anh Boesch
RLAH @properties
List Price
$345,000
Sold Price
$348,000
Premium/Discount to List
$3,000
0.87%
Views
24
Current Estimated Value
$350,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,417
Avg. Annual Appreciation
0.76%
Original Mortgage
$313,200
Outstanding Balance
$310,059
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$40,358

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 10, 2020
Sold by
Smith Virginia
Bought by
Magnani Nicole
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Brett Rubin
Compass
List Price
$335,000
Sold Price
$342,000
Premium/Discount to List
$7,000
2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$324,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 10, 2016
Sold by
Weiss Brian
Bought by
Smith Virginia
Seller's Agent
Cathy Paulos
Coldwell Banker Realty
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$248,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 1, 2013
Sold by
Freedman Ralph S
Bought by
Weiss Brian
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Cathy Paulos
Coldwell Banker Realty
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$252,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
8045 Newell St Llc
Bought by
Freedman Ralph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,700
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2006
Sold by
8045 Newell St Llc
Bought by
Freedman Ralph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,700
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $348,000 Universal Title
Warranty Deed $348,000 Universal Title
Deed $342,000 Cla Title & Escrow
Deed $310,000 First American Title Ins Co
Deed $280,000 Title Resources Guaranty Co
Deed $278,375 --
Deed $278,375 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $313,200 New Conventional
Closed $313,200 New Conventional
Previous Owner $324,900 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $222,700 Purchase Money Mortgage
Previous Owner $41,750 Purchase Money Mortgage
Previous Owner $41,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $348,000 +0.9% $387 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $345,000 +0.9% $384 / Sq Ft
08/13/2020 08/13/20 Sold $342,000 +2.1% $387 / Sq Ft
07/16/2020 07/16/20 For Sale $335,000 +8.1% $379 / Sq Ft
05/10/2016 05/10/16 Sold $310,000 -1.6% $351 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $315,000 +12.5% $357 / Sq Ft
03/01/2013 03/01/13 Sold $280,000 +3.7% $317 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $270,000 -- $306 / 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 $4,035 $348,333 -- --
2024 $4,035 $340,000 $102,000 $238,000
2023 $4,628 $331,667 $0 $0
2022 $2,987 $323,333 $0 $0
2021 $2,889 $315,000 $94,500 $220,500
2020 $2,776 $305,000 $0 $0
2019 $2,662 $295,000 $0 $0
2018 $3,217 $285,000 $85,500 $199,500
2017 $2,487 $276,667 $0 $0
2016 -- $268,333 $0 $0
2015 $2,630 $260,000 $0 $0
2014 $2,630 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2145888

Bright MLS

APN: 13-03518795