NOT LISTED FOR SALE

8045 Newell St, Unit 423 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $323,776 - $390,000

1 Bed
1 Bath
820 Sq Ft
$330/mo HOA Fee

Last Sold June 14, 2017

Last sale price $305,000 $372 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,446/month

5 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Meeting Room

About This Home

As of June 2017

This attractive condo will captivate you with the warm glow of natural light flooding through. This unit has top of the line appliances, oak hardwood floors and is on the quiet side of the building. WalkScore: 89! Close to: Metro, dining, groceries, shops, but on a quiet street with trees & grass, near Acorn Park. Enjoy the pet-friendly building, with gym & courtyard. See it soon - it won't last!

Last Agent to Sell the Property

Lisa Greaves

(240) 388-9383 Lisa.Greaves@Redfin.com Redfin Corp License #SP40002315 Listed on: 04/27/2017

Redfin Corp

Last Buyer's Agent

Stu Reynolds

(202) 487-6143 slr1117@aol.com Reynolds Real Estate Co. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking for Rent
  • Off-Site Parking

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303518545

Community Details

Overview

  • Association fees include common area maintenance, insurance, reserve funds, sewer, trash, water
  • Mid-Rise Condominium
  • 8045 At Silver Spring Me Community
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,808

Year Built

Built in 2005

Lot Details

0

HOA Fees

$330 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
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-04-27
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Chair Railings, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 371.95
  • 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
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock, Fire Detection System, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 330.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Party Room, Meeting Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Reserve Funds, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100737
  • Tax Annual Amount: 2807.56
  • Assessor Parcel Number: 161303518545
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Metering: Fully Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 13, 2017
Sold by
Narvaez Melissa
Bought by
Bell Alston Clarence
Seller's Agent
Lisa Greaves
Redfin Corp
Buyer's Agent
Stu Reynolds
Reynolds Real Estate Co. LLC
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$345,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,444
Avg. Annual Appreciation
1.48%
Original Mortgage
$85,000
Outstanding Balance
$76,441
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$269,003

Purchase Details

Closed on
Sep 27, 2011
Sold by
Nguyen Susan T and Nguyen Richard B Q
Bought by
Narvaez Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
4.25%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 2006
Sold by
8045 Newell St Llc
Bought by
Nguyen Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,668
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
8045 Newell St Llc
Bought by
Nguyen Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,668
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Bell Alston Clarence $305,000 Title Forward
Narvaez Melissa $244,500 Clarke Title Llc
Nguyen Susan T $223,335 --
Nguyen Susan T $223,335 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Alston Clarence $85,000
Previous Owner Narvaez Melissa $244,500
Previous Owner Nguyen Susan T $178,668
Previous Owner Nguyen Susan T $178,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $305,000 0.0% $372 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $305,000 -- $372 / 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 $0 $300,000 $90,000 $210,000
2022 $2,418 $300,000 $90,000 $210,000
2021 $2,720 $300,000 $90,000 $210,000
2020 $1,304 $290,000 $0 $0
2019 $2,493 $280,000 $0 $0
2018 $3,843 $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

  • S

    Buyer's Agent in 2017

    Stu Reynolds

    Reynolds Real Estate Co. LLC

    (202) 487-6143

    20 Total Sales

    Stu Reynolds
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About This Building

Map

Source: Bright MLS

MLS Number: 1003765853

Bright MLS

APN: 13-03518545

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 423, Silver Spring, MD

Not Listed for Sale

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