NOT LISTED FOR SALE

8045 Newell St, Unit 503 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $345,000 - $372,000

1 Bed
1 Bath
935 Sq Ft
$476/mo HOA Fee

Last Sold June 09, 2023

Last sale price $352,000 $376 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,665/month

3 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Upgraded Countertops
  • Takoma Park Middle School Rated A
  • Contemporary Architecture
  • Elevator

About This Home

As of June 2023

Welcome to your dream home! This stunning 1 Bedroom 1 Bathroom condo with a den is situated on the top floor of a modern and sleek building, offering you the ultimate urban living experience. The unit boasts an airy and open-concept layout with large windows that fill the space with natural light, creating a warm and inviting atmosphere.

The spacious living room is perfect for relaxing or entertaining, with direct access to your private balcony, where you can breathe fresh air. The kitchen features stainless steel appliances, granite countertops, and ample storage space, making meal preparation a breeze.

The bedroom is a cozy retreat with a large closet and plenty of natural light. The den is perfect for a home office or a guest bedroom, allowing you to use the space as you see fit. The unit also includes a full-sized bathroom and a convenient in-unit washer and dryer.

As if that wasn't enough, this condo has a dedicated parking space, ensuring you always have a place to park your car. The building amenities include a fitness center, a rooftop terrace, and a lounge, perfect for entertaining guests or relaxing after a long day.

Located in a vibrant and sought-after neighborhood, you will be within walking distance of all the best restaurants, cafes, and shops. With easy access to public transportation and major highways, getting around the city has never been easier. Don't miss out on this incredible opportunity to own your slice of urban paradise!

Last Agent to Sell the Property

Katri Hunter

(650) 888-5623 Katri.hunter@compass.com Compass License #SP98373111 Listed on: 04/24/2023

Compass

Co-Listed By

Ryan Davila

(570) 592-0938 ryan.davila@compass.com Compass License #RS-0037018

Last Buyer's Agent

Heather Davenport

(202) 821-3311 heather.davenport@compass.com Compass License #0225180623

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $476 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 935 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Screens
  • Sliding Doors

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303518603

Community Details

Overview

  • $100 Elevator Use Fee
  • Association fees include common area maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Condos
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,642

Year Built

Built in 2005

Lot Details

0

HOA Fees

$476 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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your dream home! This stunning 1 Bedroom 1 Bathroom condo with a den is situated on the top floor of a modern and sleek building, offering you the ultimate urban living experience. The unit boasts an airy and open-concept layout with large windows that fill the space with natural light, creating a warm and inviting atmosphere. The spacious living room is perfect for relaxing or entertaining, with direct access to your private balcony, where you can breathe fresh air. The kitchen features stainless steel appliances, granite countertops, and ample storage space, making meal preparation a breeze. The bedroom is a cozy retreat with a large closet and plenty of natural light. The den is perfect for a home office or a guest bedroom, allowing you to use the space as you see fit. The unit also includes a full-sized bathroom and a convenient in-unit washer and dryer. As if that wasn't enough, this condo has a dedicated parking space, ensuring you always have a place to park your car. The building amenities include a fitness center, a rooftop terrace, and a lounge, perfect for entertaining guests or relaxing after a long day. Located in a vibrant and sought-after neighborhood, you will be within walking distance of all the best restaurants, cafes, and shops. With easy access to public transportation and major highways, getting around the city has never been easier. Don't miss out on this incredible opportunity to own your slice of urban paradise!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 5
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Upgraded Countertops, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 935
  • Living Area Sq Ft: 935
  • Price Per Sq Ft: 368.98
  • Above Grade Finished Sq Ft: 935
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.66
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 8045 AT SILVER SPRING METRO
  • Elevator Use Fee: 100.00
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 224000.00
  • Land Assessed Value: 96000.00
  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100743
  • Tax Annual Amount: 3642.00
  • Assessor Parcel Number: 161303518603
  • Tax Total Finished Sq Ft: 935
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/09/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 7, 2023
Sold by
Mcneill Ha
Bought by
Larson Jeffrey David
Seller's Agent
Katri Hunter
Compass
Buyer's Agent
Heather Davenport
Compass
List Price
$345,000
Sold Price
$352,000
Premium/Discount to List
$7,000
2.03%
Views
25
Current Estimated Value
$357,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,021
Avg. Annual Appreciation
0.60%
Original Mortgage
$25,000
Outstanding Balance
$24,327
Interest Rate
6.35%
Estimated Equity
$332,694

Purchase Details

Closed on
Jul 25, 2015
Sold by
Nguyen Thuy N and Nguyen Hung H
Bought by
Nguyen Ha and Nguyen Thuy N

Purchase Details

Closed on
May 12, 2006
Sold by
Ogunnusi Olujide
Bought by
Nguyen Thuy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ogunnusi Olujide
Bought by
Nguyen Thuy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
8045 Newell St Llc
Bought by
Ogunnusi Olujide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
6.4%
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 Buyer Sale Price Title Company
Larson Jeffrey David $352,000 Westcor Land Title Insurance C
Nguyen Ha -- Attorney
Nguyen Thuy N $351,000 --
Nguyen Thuy N $351,000 --
Ogunnusi Olujide $275,150 --
Ogunnusi Olujide $275,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Jeffrey David $25,000
Open Larson Jeffrey David $341,440
Previous Owner Nguyen Thuy N $35,100
Previous Owner Nguyen Thuy N $280,800
Previous Owner Nguyen Thuy N $280,800
Previous Owner Ogunnusi Olujide $220,120
Previous Owner Ogunnusi Olujide $55,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $352,000 +2.0% $376 / Sq Ft
04/24/2023 04/24/23 For Sale $345,000 -- $369 / 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 $3,799 $326,667 -- --
2024 $3,799 $320,000 $96,000 $224,000
2023 $3,799 $320,000 $96,000 $224,000
2022 $2,579 $320,000 $96,000 $224,000
2021 $3,637 $320,000 $96,000 $224,000
2020 $3,525 $310,000 $0 $0
2019 $3,410 $300,000 $0 $0
2018 $3,303 $290,000 $87,000 $203,000
2017 $3,238 $281,667 $0 $0
2016 $2,692 $273,333 $0 $0
2015 $2,692 $265,000 $0 $0
2014 $2,692 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katri Hunter

    Seller's Agent in 2023

    Katri Hunter

    Compass

    (650) 888-5623

    1 in this area

    270 Total Sales

    Katri Hunter
    Section Image
  • Ryan Davila

    Seller Co-Listing Agent in 2023

    Ryan Davila

    Compass

    (570) 592-0938

    1 in this area

    139 Total Sales

    Ryan Davila
    Section Image
  • Heather Davenport

    Buyer's Agent in 2023

    Heather Davenport

    Compass

    (202) 821-3311

    1 in this area

    75 Total Sales

    Heather Davenport
    Section Image
  • Matt McHugh

    Buyer Co-Listing Agent in 2023

    Matt McHugh

    Compass

    (202) 276-0985

    1 in this area

    83 Total Sales

    Matt McHugh
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2090374

Bright MLS

APN: 13-03518603

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 503, Silver Spring, MD

This home is located at 8045 Newell St Unit 503, Silver Spring, MD 20910 since 24 April 2023 and is currently estimated at $357,021, approximately $381 per square foot. This property was built in 2005. 8045 Newell St Unit 503 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and Lowell School.

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