NOT LISTED FOR SALE

8045 Newell St, Unit 522 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $325,000 - $342,000

1 Bed
1 Bath
820 Sq Ft
$451/mo HOA Fee

Last Sold May 03, 2024

Last sale price $330,000 $402 Per Sq Ft

Current estimated payment $2,575/month

67 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Central Heating and Cooling System
  • Takoma Park Middle School Rated A
  • Security Service
  • Dogs and Cats Allowed

About This Home

As of May 2024

This stunning one-bedroom condo on the top floor is filled with natural light. It boasts a sunroom and beautiful hardwood floors. The condo features granite countertops, updated appliances, and a convenient breakfast bar.The primary bedroom features a spacious walk-in closet. Additionally, the unit is equipped with a washer and dryer. Located in Downtown Silver Spring, this place is just a short walk away from the Red Line metro station, as well as an abundance of shops and entertainment options. Its prime location ensures convenient accessibility, allowing you to explore and enjoy everything the area offers. Pets are welcome in this pet-friendly building. Easy public parking is available next door. This truly exceptional condo is an absolute must-see, offering a perfect blend of style, comfort, and convenience.

Last Agent to Sell the Property

Jason Bradley

Compass License #583286 Listed on: 01/25/2024

Compass

Last Buyer's Agent

Reza Akhavan

Compass License #5003162

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 161303518501
  • $212 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, management, reserve funds, snow removal, water
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Subdivision

Recreation

Pet Policy

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

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 2005

Lot Details

0

HOA Fees

$451 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-25
  • Year Built: 2005
  • Remarks Public: This stunning one-bedroom condo on the top floor is filled with natural light. It boasts a sunroom and beautiful hardwood floors. The condo features granite countertops, updated appliances, and a convenient breakfast bar.The primary bedroom features a spacious walk-in closet. Additionally, the unit is equipped with a washer and dryer. Located in Downtown Silver Spring, this place is just a short walk away from the Red Line metro station, as well as an abundance of shops and entertainment options. Its prime location ensures convenient accessibility, allowing you to explore and enjoy everything the area offers. Pets are welcome in this pet-friendly building. Easy public parking is available next door. This truly exceptional condo is an absolute must-see, offering a perfect blend of style, comfort, and convenience.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 522
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 396.34
  • Above Grade Finished Sq Ft: 820
  • 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 451.06
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Security, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Management, Reserve Funds, Snow Removal, 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

Lot Info

  • Zoning: CBD1
  • Zoning Description: Central Business District, 1.0
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Front Foot Fee: 212.24

Tax Info

  • Tax Annual Amount: 3485.00
  • Assessor Parcel Number: 161303518501
  • Tax Year: 2023
  • Close Date: 05/03/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
May 3, 2024
Sold by
Wickham Miranda
Bought by
Regan Erin
Seller's Agent
Jason Bradley
Compass
Buyer's Agent
Reza Akhavan
Compass
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Views
174
Current Estimated Value
$330,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733
Avg. Annual Appreciation
0.46%
Original Mortgage
$337,095
Outstanding Balance
$333,836
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
-$1,953

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 28, 2018
Sold by
Share Melanie Kate
Bought by
Wickham Miranda
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Miesha Suber
Long & Foster Real Estate, Inc.
List Price
$299,900
Sold Price
$283,000
Premium/Discount to List
-$16,900
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$183,000
Interest Rate
4.6%

Purchase Details

Listed on
Mar 22, 2013
Closed on
Apr 29, 2013
Sold by
Berchoff Donald H and Berchoff Patricia
Bought by
Share Melanie Kate
Seller's Agent
Liz Brent
GO BRENT, INC.
Buyer's Agent
Elliot Barber
Long & Foster Real Estate, Inc.
List Price
$255,000
Sold Price
$269,000
Premium/Discount to List
$14,000
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$215,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Pate Deborah A
Bought by
Berchoff Donald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2008
Sold by
Pate Deborah A
Bought by
Berchoff Donald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2006
Sold by
8045 Newell St Llc
Bought by
Pate Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,913
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 14, 2006
Sold by
8045 Newell St Llc
Bought by
Pate Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,913
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Regan Erin $330,000 First American Title
Wickham Miranda $283,000 Sage Title Group Llc
Share Melanie Kate $269,000 Kvs Title Llc
Berchoff Donald H $302,000 --
Berchoff Donald H $302,000 --
Pate Deborah A $259,420 --
Pate Deborah A $259,420 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Erin $337,095
Previous Owner Wickham Miranda $179,000
Previous Owner Wickham Miranda $183,000
Previous Owner Wickham Miranda $183,000
Previous Owner Share Melanie Kate $215,200
Previous Owner Berchoff Donald H $241,600
Previous Owner Berchoff Donald H $241,600
Previous Owner Pate Deborah A $38,913
Previous Owner Pate Deborah A $207,536
Previous Owner Pate Deborah A $207,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $330,000 +1.5% $402 / Sq Ft
03/06/2024 03/06/24 Price Changed $325,000 -3.0% $396 / Sq Ft
01/25/2024 01/25/24 For Sale $335,000 +18.4% $409 / Sq Ft
07/01/2018 07/01/18 Sold $283,000 -2.4% $345 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/17/2018 05/17/18 Price Changed $289,900 -3.3% $354 / Sq Ft
04/26/2018 04/26/18 For Sale $299,900 +11.5% $366 / Sq Ft
04/29/2013 04/29/13 Sold $269,000 +5.5% $328 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $255,000 -- $311 / 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 $3,485 $293,333 $0 $0
2022 $3,266 $286,667 $0 $0
2021 $2,495 $280,000 $84,000 $196,000
2020 $4,914 $276,667 $0 $0
2019 $2,417 $273,333 $0 $0
2018 $3,047 $270,000 $81,000 $189,000
2017 $2,116 $253,333 $0 $0
2016 $2,091 $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

  • Jason Bradley

    Seller's Agent in 2024

    Jason Bradley

    Compass

    (202) 528-6409

    3 in this area

    55 Total Sales

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  • Reza Akhavan

    Buyer's Agent in 2024

    Reza Akhavan

    Compass

    (202) 309-0073

    1 in this area

    61 Total Sales

    Section Image
  • David Maplesden

    Seller's Agent in 2018

    David Maplesden

    Long & Foster

    (202) 270-7253

    104 Total Sales

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  • Elliot Barber

    Seller Co-Listing Agent in 2018

    Elliot Barber

    Long & Foster

    (240) 603-8401

    122 Total Sales

    Section Image
  • Miesha Suber

    Buyer's Agent in 2018

    Miesha Suber

    Long & Foster

    (410) 207-7905

    2 in this area

    42 Total Sales

    Section Image
  • Liz Brent

    Seller's Agent in 2013

    Liz Brent

    GO BRENT, INC.

    (202) 321-2651

    4 in this area

    80 Total Sales

    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: MDMC2118182

Bright MLS

APN: 13-03518501

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

8045 Newell St Unit 522, Silver Spring, MD

This home is located at 8045 Newell St Unit 522, Silver Spring, MD 20910 since 25 January 2024 and is currently estimated at $330,733, approximately $403 per square foot. This property was built in 2005. 8045 Newell St Unit 522 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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