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$355,000 Just Listed
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Property Description
Welcome to this sun-filled top-floor residence in the heart of Downtown Silver Spring, offering a spacious and versatile layout with thoughtful updates throughout. This large one-bedroom plus sunroom floor plan is bathed in natural light, creating an inviting space ideal for both relaxing and working from home. The updated gourmet kitchen features granite countertops, ample cabinetry, and a functional layout that opens seamlessly to the living and dining areas. Beautiful wood flooring runs throughout the home, complemented by updated lighting and a renovated bathroom that adds a fresh, modern feel. The bright sunroom offers the perfect flex space for a home office, a reading nook, or an additional lounge area. An in-unit washer and dryer adds everyday convenience, and a new energy-efficient HVAC ensures optimal comfort without the worry of expensive major updates for years to come. This unit also includes a dedicated garage parking space, a highly sought-after amenity in this vibrant location. Residents enjoy access to building amenities, including a fitness center and party room. Updates include a new water heater in 2023, a custom closet in 2023, new HVAC in 2024, recessed lighting in 2024, a new oven in 2026, and wood trim in 2026. Step outside and experience the best of Downtown Silver Spring living. Minutes from destinations like The Fillmore music venue for live concerts, Kaldi's Social House for coffee or casual gatherings, Third Hill Brewing, a year-round farmers market, and numerous other shops and dining, the home is also within easy walking distance of the Metro and the upcoming Purple Line, making commuting throughout the area a breeze! A bright, updated top-floor home in one of the most walkable locations in Montgomery County-this is city living at its best. Don't miss this opportunity!
Full Property Details
Full Property Details for 8045 Newell St #514
General
- Price: $355,000
- HOA FEE: $595/month
- Taxes: $3,802 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2225202
- Updated: Today (4/2/2026)
- Added to Site: Today
Interior
- Interior Features: Bathroom - Stall Shower, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Walk-in Closet(s), Wood Floors
- Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven - Single, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Washer In Unit, Dryer In Unit
Additional Information
- Shared Amenities: Community Center, Fitness Center, Party Room, Security, Common Grounds
- Security/Safety: Intercom, Security System
Exterior
- Exterior Features: Sidewalks
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Secure Parking
- Parking Type: Attached Garage
- Garage Description: Garage - Side Entry
Location
- County: MONTGOMERY
- Subdivision: 8045 AT SILVER SPRING METRO
- Driving Directions: Starting from the nearest major highway, Interstate 495, take Exit 31B and merge onto Georgia Avenue heading south toward downtown Silver Spring. Continue on Georgia Avenue for several miles, then turn left onto 16th Street and follow it as it curves. From there, turn left onto East-West Highway, and continue briefly before making a right onto Newell Street. The destination, 8045 Newell Street, will be on your right-hand side shortly after turning onto Newell Street.
- City Limits: Yes
School Information
- School District: Montgomery County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Reserve Funds, Water, Trash, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Management
- Pets Allowed: Yes
- Pets: Dogs OK, Cats OK
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
- Utility Description: Natural Gas Available, Electric Available
Structural Information
- Architectural Style: Contemporary
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick, Combination
- Foundation: Block
- Roof: Asphalt
- Windows: Energy Efficient
- Entry Floor Number: 5
- Stories Description: Main
- Square Feet: 820
- Sq. Ft. Source: Assessor
- Living Area: 820 Sq. Ft.
- Finished Above Grnd: 820 Sq. Ft.
- Year Built: 2005
- Year Built Source: Assessor
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Zoning: CR3.0
Financial Considerations
- Price Per Sq. Ft.: $432.93
- Condo Fee: $595
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- City/TownTax Freq: Annually
- County Tax: $3,741
- County Tax Freq: Annually
- Tax w/Assessment: $326,667
- Tax Amount: $3,802
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 820
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
Listed by Compass, Andrew Nugent
Get Pre-Approved Today
Schools
Schools serving 8045 Newell St #514
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 #514
Date
Details
Price
Change
Source
4/02/2026
Listed
$355,000
8.56%
MLS
10/26/2021
Sold
$327,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8045 Newell St #514
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,110
-16%
$318,333
3%
2024
$3,682
4%
$310,000
—
2022
$3,529
41%
$310,000
—
2022
$2,499
-21%
$310,000
—
2018
$3,160
16%
$310,000
3%
2021
$2,720
4%
$300,000
3%
2020
$2,605
-18%
$290,000
4%
2019
$3,190
4%
$280,000
6%
2018
$3,055
37%
$263,333
7%
2017
$2,233
15%
$246,667
7%
2016
$1,947
-16%
$230,000
—
2015
$2,322
-1%
$229,333
—
2014
$2,343
—
$228,667
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8045 Newell St #514
8045 Newell Street #514, Silver Spring, MD 20910 (MLS# MDMC2225202) is a Condo property with 1 bedroom and 1 full bathroom. 8045 Newell Street #514 is currently listed for $355,000 and was received on April 02, 2026. Want to learn more about 8045 Newell Street #514? 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.

