NOT LISTED FOR SALE

Estimated Value: $338,000 - $433,000

1 Bed
1 Bath
883 Sq Ft
$428/mo HOA Fee

Last Sold March 01, 2021

Last sale price $345,000 $391 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,700/month

4 Days on Market

Highlights

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

About This Home

As of March 2021

Enjoy the fun and convenience of downtown life in this luxury one bedroom plus den condominium condo. The gourmet kitchen has granite counters that overlook the living room, creating the perfect space for entertaining and relaxing. The living room opens to a large private balcony with a great view of the Downtown Silver Spring and Bethesda where you can enjoy the best sunset in town. . The den can be used as a home office or guest bedroom. These types of units rarely come on the market. Ride the metro or drive and park in your reserved garage parking space. 8045 Newell St is a smoke-free (including inside the units), pet-friendly building with a fitness center, resident lounge, and common patio.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 01/22/2021

Compass

Last Buyer's Agent

Christine Sherrod

(301) 908-8747 christinesherrod1@gmail.com Weichert, REALTORS License #583075

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $428 Monthly HOA Fees

Parking

  • Assigned parking located at #23
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

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

Interior Spaces

  • 883 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • City Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • 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

Utilities

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

Additional Features

  • Property is in very good condition
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303518705

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
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,353

Year Built

Built in 2005

Lot Details

0

HOA Fees

$428 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
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Assigned Parking Space Numbers: 23
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater, Dryer
  • Entry Floor: 5
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Living, Entry Level Bedroom, Upgraded Countertops, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Foyer
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 883
  • Living Area Sq Ft: 883
  • Price Per Sq Ft: 385.05
  • Above Grade Finished Sq Ft: 883
  • 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: Combination, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • 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, Parking Space Conveys
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • 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
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 428.08
  • 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
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 220500.00
  • Land Assessed Value: 94500.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100753
  • Tax Annual Amount: 3353.00
  • Assessor Parcel Number: 161303518705
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 1, 2021
Sold by
Johnson Gennith
Bought by
Clarke Alicia
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Christine Sherrod
Weichert, REALTORS
List Price
$340,000
Sold Price
$345,000
Premium/Discount to List
$5,000
1.47%
Current Estimated Value
$367,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,535
Avg. Annual Appreciation
1.34%
Original Mortgage
$327,750
Outstanding Balance
$292,467
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$75,068

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 22, 2012
Sold by
Asfaw Yodit and Asfaw Meraf
Bought by
Johnson Gennith
Seller's Agent
Donna Beausoleil
Samson Properties
Buyer's Agent
Traci Mitchell-Austin
Corcoran McEnearney
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$237,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Jones Stephen W
Bought by
Asfaw Yodit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Jones Stephen W
Bought by
Asfaw Yodit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
8045 Newell St Llc
Bought by
Jones Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,721
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
8045 Newell St Llc
Bought by
Jones Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,721
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clarke Alicia $345,000 Main Street Settlements Inc
Johnson Gennith $250,000 Old Republic National Title
Asfaw Yodit $340,000 --
Asfaw Yodit $340,000 --
Asfaw Yodit $340,000 --
Asfaw Yodit $340,000 --
Jones Stephen W $251,475 --
Jones Stephen W $251,475 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Alicia $327,750
Previous Owner Johnson Gennith $237,500
Previous Owner Asfaw Yodit $34,000
Previous Owner Asfaw Yodit $272,000
Previous Owner Asfaw Yodit $272,000
Previous Owner Jones Stephen W $37,721
Previous Owner Jones Stephen W $201,180
Previous Owner Jones Stephen W $201,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $345,000 +1.5% $391 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $340,000 +36.0% $385 / Sq Ft
05/23/2012 05/23/12 Sold $250,000 +0.4% $283 / Sq Ft View Prior Sale
04/09/2012 04/09/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $249,000 -- $282 / 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 $3,244 $331,667 $0 $0
2022 $2,987 $323,333 $0 $0
2021 $3,581 $315,000 $94,500 $220,500
2020 $5,553 $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 $2,630 $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: MDMC741646

Bright MLS

APN: 13-03518705