Silverspringism

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building.  This building was completed and already Sold out in 2006.

This Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate "Pet Friendly" Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.  

SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score.  Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.


2008 Sales for 8045 @Silver Spring Metro

8 Listings SOLD in 2008

1)  1 Bedroom 1 Bath  2nd Floor
     (820 sq ft)  Asking - $245,000
     Sold Price - 245,000 
     Days on Market - 222
2)  1 Bedroom - 1 Bath 5th Floor  
     (820 sq ft) Asking - $285,000
     Sold for - $285,000 
     Days on Market - 21
3)  1 Bedroom - 1 Bath 4th Floor
     (820 sq ft) with Gar. Parking Space
     List Price - $299,000
     Sold Price - $284,000
     Days on Market - 8
4)  1 Bedroom 1 Bath with Den 3rd Floor  
     (935 sq ft) - with Garage Parking
     Asking - $320,000
     Sold Price - $320,000
     Seller Subsidy $10,000 
     Days on Market - 85
5) 1 Bedroom 1 Bath with Den 2nd Floor
     (900 Sq ft) with Gar. Parking
     Asking Price  $347,500
     Sold Price - $335,000
     Days on Market - 11
6) 2 Bedroom 2 Bath 2nd Floor 
     (1,221 sq ft) No Parking space
     Asking Price - $324,000 
     Sold Price  - $324,000
     Days on Market - 6
7) 2 Bedroom 2 Bath 1st Floor
     (1,177 sq ft) with Garage Parking  
     Asking Price - $389,000 
     Sold Price - $375,000  
     Days on Market - 44
8)  2 Bedroom - 2 Bath 3rd Floor
     (820 sq ft) with Garage Parking
     Asking Price - $410,000 
     Sold Price - $401,000
     Days on Market - 7

2009 Sales Activity in 8045 Newell Street @ Silver Spring Metro - 9 Units were SOLD

5 - 1 Bedroom 1 Bath Units Sold were Sold - Average List Price - $255,857
      Average Sold Price $253,800   Average Days on Market - 111

1 - 1 Bedroom 1 Bath Plus Den Sold in 2009 - List Price - $299,000   
      Sold Price 280,000   Days on Market - 7

3 - 2 Bedroom 2 Bath Units Sold in 2009 - Average List Price - $388,233 
      Average Sold Price - $382,467     Average Days on Market - 73


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