NOT LISTED FOR SALE

8045 Newell St, Unit 514 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $329,000 - $400,000

1 Bed
1 Bath
820 Sq Ft
$385/mo HOA Fee

Last Sold October 26, 2021

Last sale price $327,000 $399 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,532/month

5 Days on Market

Highlights

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

About This Home

As of October 2021

Luxury large 1 bedroom PLUS SUN ROOM condo. Plenty of natural light. Gourmet kitchen, granite counter tops, excellent floor plan & location. Plenty of natural light in each room. Beautiful new wood floors throughout the unit and W/D inside unit. Renovated bathroom and new halogen light fixtures. Fitness room & party room right inside the building. Close to METRO, restaurants. Garage parking space conveys.

Last Agent to Sell the Property

Brett Shankle

(703) 819-4352 shanklebrett@gmail.com Samson Properties License #0225067424 Listed on: 09/23/2021

Samson Properties

Co-Listed By

James Mulhern

(571) 247-1638 jrmulhern@gmail.com Samson Properties

Last Buyer's Agent

Sheena Saydam

(202) 243-7700 sheena@saydamproperties.com Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Assigned Parking Space

Home Design

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

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Living
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • City Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • 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

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303518408

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, reserve funds, trash, water
  • 120 Units
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Community
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,925

Year Built

Built in 2005

Lot Details

0

HOA Fees

$385 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
  • Accessibility Features: Elevator, 36"+ Wide Halls, Level Entry - Main, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-09-23
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Entry Floor: 5
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Living, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 402.32
  • 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, Brick
  • Roof: Asphalt
  • View: Street, City
  • 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: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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: 385.00
  • Condo Co-Op Fee Frequency: Monthly
  • 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, Parking Fee, Reserve Funds, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2924.98
  • Assessor Parcel Number: 161303518408
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 26, 2021
Sold by
Maes Roopchansingh Katharina G and Roopchansingh Vinai
Bought by
Antico Joseph A and Antico Frank S
Seller's Agent
Brett Shankle
Samson Properties
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$329,900
Sold Price
$327,000
Premium/Discount to List
-$2,900
-0.88%
Current Estimated Value
$349,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,539
Avg. Annual Appreciation
1.64%
Original Mortgage
$261,600
Outstanding Balance
$239,343
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$110,196

Purchase Details

Listed on
Oct 27, 2016
Closed on
Jan 9, 2017
Sold by
Thompson Karon L
Bought by
Roopchansingh Vinai and Mass Roopchansingh Katharian G
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Brett Shankle
Samson Properties
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$220,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
8045 Newell St Llc
Bought by
Thompson Karol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,100
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2006
Sold by
8045 Newell St Llc
Bought by
Thompson Karol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,100
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Antico Joseph A $327,000 Community Stlmt Group Llc
Roopchansingh Vinai $295,000 Federal Title & Escrow Co
Thompson Karol L $260,170 --
Thompson Karol L $260,170 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antico Joseph A $261,600
Previous Owner Roopchansingh Vinai $220,000
Previous Owner Thompson Karol L $208,100
Previous Owner Thompson Karol L $208,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $327,000 -0.9% $399 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $329,900 +11.8% $402 / Sq Ft
01/09/2017 01/09/17 Sold $295,000 0.0% $360 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $295,000 -- $360 / 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 $3,682 $318,333 -- --
2024 $3,682 $310,000 $93,000 $217,000
2023 $2,989 $310,000 $93,000 $217,000
2022 $3,529 $310,000 $93,000 $217,000
2021 $5,665 $310,000 $93,000 $217,000
2020 $5,211 $300,000 $0 $0
2019 $2,605 $290,000 $0 $0
2018 $3,160 $280,000 $84,000 $196,000
2017 $2,233 $263,333 $0 $0
2016 -- $246,667 $0 $0
2015 $2,191 $230,000 $0 $0
2014 $2,191 $229,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Shankle

    Seller's Agent in 2021

    Brett Shankle

    Samson Properties

    (703) 819-4352

    1 in this area

    24 Total Sales

    Brett Shankle
    Section Image
  • James Mulhern

    Seller Co-Listing Agent in 2021

    James Mulhern

    Samson Properties

    (571) 247-1638

    1 in this area

    25 Total Sales

    James Mulhern
    Section Image
  • Sheena Saydam

    Buyer's Agent in 2021

    Sheena Saydam

    Keller Williams Capital Properties

    (202) 243-7700

    2 in this area

    1,017 Total Sales

    Sheena Saydam
    Section Image
  • Carmen Fontecilla

    Seller's Agent in 2017

    Carmen Fontecilla

    Compass

    (301) 908-6672

    70 in this area

    283 Total Sales

    Carmen Fontecilla
    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: MDMC2015670

Bright MLS

APN: 13-03518408

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 514, Silver Spring, MD

Not Listed for Sale

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