NOT LISTED FOR SALE

8045 Newell St, Unit 521 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $320,886 - $440,000

1 Bed
1 Bath
820 Sq Ft
$302/mo HOA Fee

Last Sold November 19, 2013

Last sale price $282,500 $345 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,586/month

19 Days on Market

Highlights

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

About This Home

As of November 2013

Enjoy city living in this luxury condo in Downtown Silver Spring. Gourmet kitchen, granite counter tops. Excellent floor plan with sun room that can be used as an office space, den or guest area. Plenty of natural light in each room. Washer and Dryer inside unit. Ceramic tile in kitchen & bathrooms. Fitness room/party room. Close to metro. GREAT VIEW

Last Listed By

Carmen Fontecilla

Compass Listed on: 09/27/2013

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Parking

  • Detached Garage
  • Public Parking
  • On-Street Parking
  • Off-Site Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Chairlift
  • Ramp on the main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303518454
  • $214 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • 79 Units
  • Mid-Rise Condominium
  • Colesville
  • Silver Spring Me Community
  • The community has rules related to covenants, moving in times

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,921

Year Built

Built in 2005

Lot Details

0

HOA Fees

$302 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: 36"+ Wide Halls, Chairlift, Elevator, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Efficiency, Breakfast Area, Elevator, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 347.56
  • 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 Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Public
  • Type Of Parking: Off Site, On Street, Detached Garage

Utilities

  • Refuse: 16.73
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 302.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Party Room, Community Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving In Times, Pets - Allowed
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 154000.00
  • Land Assessed Value: 66000.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100730
  • Tax Annual Amount: 2921.42
  • Assessor Parcel Number: 161303518454
  • Tax Total Finished Sq Ft: 820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 11/19/2013

Multi Family

  • Front Foot Fee: 214.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 19, 2013
Sold by
Gooden Neil and Gooden Elizabeth
Bought by
Norman Angela Renee
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Maribelle Dizon
Redfin Corp
List Price
$285,000
Sold Price
$282,500
Premium/Discount to List
-$2,500
-0.88%
Total Days on Market
19
Current Estimated Value
$358,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,972
Avg. Annual Appreciation
1.33%
Original Mortgage
$271,600
Outstanding Balance
$208,158
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$120,641

Purchase Details

Closed on
Sep 14, 2007
Sold by
Lubian Francisco J
Bought by
Gooden Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 2007
Sold by
Lubian Francisco J
Bought by
Gooden Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 2006
Sold by
8045 Newell St Llc
Bought by
Lubian Francisco J and Sierv Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,905
Interest Rate
7.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 21, 2006
Sold by
8045 Newell St Llc
Bought by
Lubian Francisco J and Sierv Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,905
Interest Rate
7.87%
Mortgage Type
Stand Alone Second

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
Norman Angela Renee -- Title Forward
Gooden Neil $310,000 --
Gooden Neil $310,000 --
Lubian Francisco J $229,525 --
Lubian Francisco J $229,525 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Angela Renee $271,600
Previous Owner Gooden Neil $223,750
Previous Owner Gooden Neil $77,500
Previous Owner Gooden Neil $232,500
Previous Owner Gooden Neil $232,500
Previous Owner Lubian Francisco J $45,905
Previous Owner Lubian Francisco J $183,620
Previous Owner Lubian Francisco J $183,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $282,500 -0.9% $345 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $285,000 -- $348 / 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
2024 $3,564 $300,000 $90,000 $210,000
2023 $2,871 $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 $2,607 $290,000 $0 $0
2019 $2,493 $280,000 $0 $0
2018 $2,385 $270,000 $81,000 $189,000
2017 $3,208 $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

  • Carmen Fontecilla

    Seller's Agent in 2013

    Carmen Fontecilla

    Compass

    (301) 908-6672

    78 in this area

    333 Total Sales

    Carmen Fontecilla
    Section Image
  • Maribelle Dizon

    Buyer's Agent in 2013

    Maribelle Dizon

    Redfin Corp

    (301) 938-4210

    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: 1003724198

Bright MLS

APN: 13-03518454

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 521, Silver Spring, MD

Homes for Sale in Silver Spring, MD

This home is located at 8045 Newell St Unit 521, Silver Spring, MD 20910 since 27 September 2013 and is currently estimated at $358,472, approximately $437 per square foot. This property was built in 2005. 8045 Newell St Unit 521 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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