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$330,000

Beds
1
Baths
1.0
sq ft
820

8045 Newell St Unit 223, Silver Spring, MD 20910

8045 Newell St Unit 223

SILVER SPRING, MD 20910

  • 20 days on market
    • Price drop $5,000↓
Welcome to this Bright & Airy, 1 Bedroom and 1 Bath Condominium in 8045 at Silver Spring Metro Condominiums! Enter the home and you are greeted by an abundance of natural light. Step into the Gourmet Kitchen feautring sparkling black Granite countertops, Shaker style cabinets and a breakfast bar! The Open concept living area includes the Dining Room and Living Room with gleaming hardwood flooring and ceiling fan. Enjoy your morning coffee in the sunroom & breakfast nook with large windows overlooking the community courtyard. Make your way to the Primary Bedroom featuring a Walk-In Closet/Dressing area and into the Full Bath with tile flooring and shower/tub combination that can also be accessed from the hall. Adding to the desirable features of this home include an in-unit laundry closet, and another storage area that also holds mechanicals. Take advantage of the Community Amenities, including a fitness gym, Meeting Room, and the Community courtyard. This home is convenient to Dining, Shopping, Commuter routes and is moments from the metro and the vibrant community of downtown silver spring with weekly farmer’s markets, Live music and other community events. Don't Miss Out on This Gem!

Details

Property type

Condominium

Est. home value

$338,120

Lot size

Unknown

Price per sq ft

$403

Year built

2005

Annual property taxes

$3,563

HOA

No

Price History

06/13/2024

Bright #MDMC2122494

Price change
$330,000
-1.49%
06/06/2024

Bright #MDMC2122494

Listed
$335,000
+8.77%
06/26/2019
BrightMLS

BrightMLS #MDMC636906

Sold
$308,000
+12.45%

Schools & Community

Elementary school: 

EAST SILVER SPRING

Middle school: 

TAKOMA PARK

High school: 

MONTGOMERY BLAIR

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$33,767
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$269,833
Cash to seller
$33,767

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2021

Original loan amount

$288,000

Est. remaining balance

$269,833

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Christopher Brinker and Claire Louise Brinker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/26/2024 at 2:40 PM

Listing updated: 06/13/2024 at 1:53 PM

Listed by: Nickolaus B Waldner, Keller Williams Realty Centre Phone #: (410) 312-0000

MLS: Bright #MDMC2122494

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