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$450,000
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Property Description
****2 GARAGE PARKING SPACES-an exceptional and rarely available offering in the heart of downtown Silver Spring-set the tone for this top-floor residence at 8045 Newell Street. Positioned on the fifth floor, this 2-bedroom, 2-bath home spans over 1,200 square feet and has been thoughtfully refreshed with new paint, updated hardware, and modern light fixtures, creating a crisp, move-in-ready feel throughout. The open-concept living and dining areas are filled with natural light and flow seamlessly to a private balcony, offering a peaceful retreat above it all. The kitchen features ample cabinetry and workspace, ideal for both everyday living and entertaining. The spacious primary suite includes a walk-in closet and en-suite bath, while the second bedroom and full bath provide flexibility for guests, a home office, or additional living space. What truly sets this home apart is the combination of top-floor positioning, generous square footage, and two secure garage parking spaces-a rare and valuable amenity in this highly walkable, Metro-centric location. Residents enjoy access to a fitness center, party room, and professionally managed building, all just moments to Silver Spring Metro, dining, shopping, and entertainment.
Full Property Details
Full Property Details for 8045 Newell St #506
General
- Sold For: $450,000
- HOA FEE: $877/month
- Taxes: $5,408 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2226788
- Added to Site: 52 day(s) ago
Interior
- Appliances: Stove, Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Washer, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Additional Information
- Shared Amenities: Common Grounds, Community Center, Fitness Center, Security, Party Room
Exterior
- Exterior Features: Sidewalks
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Secure Parking
- Parking Type: Attached Garage
- Garage Description: Garage - Side Entry
Location
- County: MONTGOMERY
- Subdivision: 8045 AT SILVER SPRING METRO
- Driving Directions: See GPS
School Information
- School District: Montgomery County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Management, Reserve Funds, Trash, Water
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick, Combination
- Roof: Flat
- Walls/Ceilings: Dry Wall
- Doors: Sliding Glass
- Entry Floor Number: 5
- Stories Description: Main
- Square Feet: 1,221
- Sq. Ft. Source: Assessor
- Living Area: 1,221 Sq. Ft.
- Finished Above Grnd: 1,221 Sq. Ft.
- Year Built: 2005
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Zoning: CR3.0
Financial Considerations
- Price Per Sq. Ft.: $360.36
- Condo Fee: $877
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- City/TownTax Freq: Annually
- County Tax: $5,347
- County Tax Freq: Annually
- Tax w/Assessment: $460,000
- Tax Amount: $5,408
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1221
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by Donna Kerr Group, Donna Kerr
Sold by Compass, Heather Lawrence
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Schools
Schools serving 8045 Newell St #506
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
East Silver Spring Elementary School 631 Silver Spring Avenue, Silver Spring, MD 20910 | PK-5 | 0.8 mi |
Takoma Park Middle School 7611 Piney Branch Rd, Silver Spring, MD 20910 | 6-8 | 0.9 mi |
Montgomery Blair High School 51 University Boulevard East, Silver Spring, MD 20901 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8045 Newell St #506
Date
Details
Price
Change
Source
6/02/2026
Sold
$450,000
2.27%
MLS
5/02/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8045 Newell Street #506, Silver Spring, MD 20910 (MLS# MDMC2226788) is a Condo property that was sold at $450,000 on June 02, 2026. Want to learn more about 8045 Newell Street #506? Do you have questions about finding other Condo real estate for sale in Silver Spring? You can browse all Silver Spring real estate or contact a Coldwell Banker agent to request more information.

