This home's estimate is 9.3% higher than the average sale price ($447K) of 6 comparable homes.
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8045 Newell St #506, Silver Spring, MD 20910
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About this home
* * * * 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.
Redfin Estimate
Market trends in 20910, MD
Last updated September 2026
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Est. $2,335 per month, based on comparable rentals
Sale and tax history for 8045 Newell St #506
- Sale History
- Tax History
$369/sq ft
$360/sq ft
$352/sq ft
$299/sq ft
Public record
- Public record
- Zoning
CR-3.0
DSS
Commercial Residential Zone - 3.0 FAR
The CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options such as Metro, light rail, and bus. Retail tenant gross floor area is not restricted.- Downtown Silver Spring Overlay Zone
Include but are not limited to:
- Greenhouse / nursery
- General retail
- Restaurant
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Manufacturing
- Hotel / motel
- Mixed use
- Office
Property details
Parking
- Parking Information
- # of Attached Garage Spaces: 2
- Garage Features: Garage - Side Entry
- # of Total Garage and Parking Spaces: 2
- Has Garage
- # of Garage Spaces: 2
- Secure Parking
- Attached Garage
Interior
- Bedroom Information
- # of Bedrooms On Main Level: 2
- Bathroom Information
- # of Bathrooms (Full) On Main Level: 2
- # of Bathrooms (Full): 2
- Interior Information
- Appliances: Stove, Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Refrigerator, Washer, Water Heater
- Door Features: Sliding Glass
- Not Furnished
- Living Area Sq.Ft. Source: Assessor
- Wall & Ceiling Types: Dry Wall
- Basement Information
- Basement: No
Exterior
- Property Information
- Not Federal Flood Zone
- Property Manager Present
- Total Below Grade Sq. Ft.: 0
- Accessibility Features: Elevator
- Front Foot Fee Payment Frequency: Annually
- Horse: No
- Improvement Assessed Value: $325,500
- Ownership Interest: Condominium
- Property Condition: Excellent
- Year Built Source: Assessor
- Building Information
- Unit Building Type: Mid-Rise 5 - 8 Floors
- Construction Materials: Brick, Combination
- Other Structures: Above Grade, Below Grade
- Pets Allowed: Yes
- Pet Restrictions: Number Limit
- Roof: Flat
- Structure Type: Unit/Flat
- Building Not Winterized
- Exterior Information
- Sidewalks
- Lot Information
- Tidal Water: No
- Land Information
- Land Assessed Value: $139,500
- Above Grade Information
- Finished Sq.Ft.: 1,221
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- County Tax: $5,347
- Tax Assessed Value: $460,000
- Tax Year: 2025
- Tax Annual Amount: $5,408
- Assessments Information
- Year Assessed: 2026
- Lease Information
- Lease Considered: No
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- 90% Forced Air
- Heating Fuel: Electric
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
- Municipal Trash: Yes
Location
- Multi Unit Information
- Washer/Dryer/Hook Up in Unit: Yes
- Homeowners Association Information
- Condo/Coop Fee: $877.31
- Condo/Coop Fee Frequency: Monthly
- HOA/Condo/Coop Management Type: Professional - Off-site
- HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Management, Reserve Funds, Trash, Water
- HOA/Condo/Coop Amenities: Common Grounds, Community Center, Fitness Center, Security, Party Room
- School Information
- School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
- School District Source: Listing Agent
- Location Information
- Outside City Limits
- Directions: See GPS
- Entry Floor Number: 5
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,221
- Stories: —
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 2005
- Year Renovated: —
- County: Montgomery County
- APN: 13 03519004
About this building
Around this home
Schools
Public PreK-5 • Assigned • 0.8mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 2.3mi
Local insights from Redfin agents
- People not familiar with the area often call it Silver Springs. The downtown area is an urban core on the border of DC with tremendous access to transportation, shopping, restaurants & various types of housing but the geographic area of Silver Spring...is expansive with numerous diff. neighborhoods.2 days ago • Silver SpringWas this helpful?
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 15 days in 30 years
16% chance of strong winds in next 30 years
5 unhealthy days expected this year, 6 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 20910
Home values near 8045 Newell St #506
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 568 Sq. Ft. | $170,893 |
- Beds | - Baths | 1221 Sq. Ft. | $423,719 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 820 Sq. Ft. | $299,048 |
1 Beds | 1 Baths | 883 Sq. Ft. | $336,263 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 935 Sq. Ft. | $324,308 |
1 Beds | 1 Baths | 883 Sq. Ft. | $323,300 |
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