8045 Newell St #522

Silver Spring, MD 20910

$330,000

Property Highlights

  • Fifth Floor Silver Spring
  • One Bedroom 820 SF
  • Red Line Metro Nearby
  • HOA Covers Water
  • Built 2005 Construction
  • Downtown Silver Spring Location
MLS ID
MDMC2118182
Parking
Year Built
2005
HOA Fee

Property Details

Price: $330,000

1 Bed

1 Bath

820 Sq Ft

Year Built: 2005

Price: $330,000

1 Bed

1 Bath

820 Sq Ft

Year Built: 2005

Executive Summary

Unit 522 at 8045 Newell Street is an 820-square-foot one-bedroom, one-bath residence in the heart of Silver Spring, Maryland. Built in 2005, the residence benefits from a monthly HOA structure that covers water, common area maintenance, custodial services, reserve funds, snow removal, and professional management. The Glenmont and Shady Grove branches of the Red Line are accessible from the Silver Spring Metro station, connecting residents directly to downtown DC and the broader regional network. At an asking price of $330,000, this residence represents a considered entry point into one of Montgomery County’s most transit-connected urban centers.

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Silver Spring, MD 20910

Urban Convenience in the Heart of Silver Spring

Unit 522 at 8045 Newell Street is a one-bedroom, one-bath residence spanning 820 square feet in Silver Spring’s walkable downtown district. The building, constructed in 2005, delivers a professionally managed condominium environment with HOA services that cover water, snow removal, custodial maintenance, and reserve fund contributions.

Silver Spring’s downtown core surrounds the building with a dense mix of dining, retail, entertainment, and transit infrastructure. The Silver Spring Metro station, served by the Red Line, provides direct connections to Bethesda, Dupont Circle, and Union Station without a transfer. The Purple Line, currently under construction, will add a second rail option connecting Silver Spring to Bethesda and College Park.

The residence is priced at $330,000, a competitive figure for a professionally managed, transit-proximate condominium in Montgomery County’s most urbanized submarket. HOA coverage of water and building services reduces the variable cost burden for the owner.

A Wardman team member and the Wardman Residential team at Compass are available to provide comparable sales data, building history, and submarket context for buyers evaluating this residence or similar opportunities in Silver Spring.

The Residence
Unit 522 is an 820-square-foot one-bedroom, one-bath condominium in a professionally managed building constructed in 2005. The HOA covers water, custodial services, common area maintenance, snow removal, and reserve funds, reducing the day-to-day management burden for the owner.
Transit Access
The Silver Spring Metro station, served by the Red Line, is close to the building and connects directly to Bethesda, downtown DC, and points beyond. The station serves both the Glenmont and Shady Grove branches, providing frequent service throughout the day.
Pricing Context
At $330,000, this residence is competitively positioned within the Silver Spring condominium market. HOA-included water service and professional building management contribute to predictable monthly carrying costs for the buyer.
Advisory Support
A Wardman team member and the Wardman Residential team at Compass bring focused experience in Montgomery County condominium transactions. Reach out for recent comparable sales, building-specific context, or a broader view of the Silver Spring submarket.

Residence at a Glance

  • 1 Bedroom / 1 Bath
  • 820 Square Feet
  • Built 2005
  • HOA Covers Water and Snow Removal
  • Red Line Metro Access
  • Asking Price $330,000
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All information believed accurate; buyers should independently verify square footage, HOA fees, and building policies.
Unit 522 — 8045 Newell St, Silver Spring MD

820 Square Feet in a Managed Building

This one-bedroom, one-bath residence delivers a practical and well-maintained footprint in a professionally managed Silver Spring condominium building. HOA services cover water, snow removal, custodial maintenance, and reserve contributions, providing a low-friction ownership experience in one of Montgomery County’s most connected urban neighborhoods.

Interior Layout

  • 820 square feet of single-level living
  • One-bedroom floor plan with defined living and sleeping areas
  • Built in 2005 with mid-2000s construction standards
  • Full one-bath configuration
  • Professionally managed building with custodial services

Kitchen and Living

  • Open or semi-open kitchen layout typical of 2005-era Silver Spring condominiums
  • Living area proportioned for a one-bedroom residence
  • Building common areas maintained under HOA custodial services

Primary Bedroom

  • Private bedroom separated from main living area
  • 820-square-foot total footprint allows for a well-proportioned sleeping space
  • Building management and reserve fund structure supports long-term maintenance

Outdoor and Building

  • Building exterior and common areas maintained under HOA agreement
  • Snow removal covered by monthly HOA
  • Downtown Silver Spring streetscape directly accessible from the building

What Sets This Apart

  • HOA covers water, a meaningful monthly cost offset for the owner
  • Red Line Metro access positions this residence for car-optional living
  • Professionally managed 2005 building with reserve fund contributions included
  • Competitive $330,000 price point in a transit-proximate Montgomery County submarket
  • Downtown Silver Spring walkability reduces reliance on a vehicle for daily needs
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Information believed accurate but not guaranteed; buyers should independently verify all material facts and HOA documents.

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Transit Connections
  • Silver Spring Metro Station served by the Red Line (Glenmont and Shady Grove branches)
  • Direct rail service to Bethesda, Dupont Circle, Gallery Place, and Union Station
  • Purple Line under construction with a planned Silver Spring station
  • Maryland Ride On and Metrobus routes serve the downtown Silver Spring area
  • Georgia Avenue and Colesville Road provide direct road access to DC and I-495
Dining and Coffee
  • Ellsworth Drive corridor offers a walkable concentration of restaurants and cafes
  • Local coffee shops and casual dining within the downtown Silver Spring core
  • Neighborhood grocery and specialty food retail accessible on foot
  • Weekend farmers market options in the broader Silver Spring area
Everyday Conveniences
  • Grocery retail within the downtown Silver Spring walkable core
  • Pharmacy and health services accessible near the Metro station
  • Banking and financial services in the downtown district
  • Dry cleaning and personal services in the surrounding blocks
Parks and Recreation
  • Acorn Urban Park and other green spaces within the downtown Silver Spring area
  • Sligo Creek Trail accessible for walking and cycling
  • Recreation centers and fitness options in the Silver Spring district
  • Proximity to Rock Creek Park via connecting routes

Property Location

About 8045 Newell St #522

Unit 522 at 8045 Newell Street is a one-bedroom, one-bath condominium residence spanning 820 square feet in a building completed in 2005. The HOA structure covers water, common area maintenance, custodial services, snow removal, reserve funds, and professional management. These inclusions reduce variable ownership costs and reflect a well-administered condominium regime typical of Silver Spring’s mid-2000s construction stock.

Silver Spring’s downtown district is one of Montgomery County’s most transit-integrated urban centers, with a concentrated mix of dining, retail, and entertainment options within walking distance of the building. The area has developed steadily since the early 2000s, anchored by the Ellsworth Drive corridor and the broader downtown redevelopment that followed Metro-oriented planning initiatives. Proximity to the DC line and the Red Line station makes this submarket a practical choice for buyers who prioritize connectivity.

Daily life from this address is oriented around walkability and transit. Local cafes, grocery options, and restaurants are accessible on foot, and the Silver Spring Metro station provides a direct rail link to Bethesda, Dupont Circle, Gallery Place, and Union Station. For those who drive, major routes including Georgia Avenue and Colesville Road connect quickly to the broader Maryland and DC road network.

A Wardman team member and the Wardman Residential team at Compass have worked extensively with condominium buyers and sellers across Silver Spring and the broader Montgomery County submarket. We bring familiarity with building-specific resale dynamics, HOA structures, and the competitive pricing landscape that defines this segment of the market. If you are evaluating this residence or comparable Silver Spring condominiums, we welcome the opportunity to share recent sales data and our perspective on the submarket.

Frequently Asked Questions About This Property

Key details about the residence, building, and location to help you evaluate this opportunity.

The HOA at 8045 Newell Street covers water, common area maintenance, custodial services, snow removal, reserve fund contributions, and professional management. These inclusions reduce the variable cost burden for the owner and reflect a well-structured condominium regime. Buyers should request the current fee schedule and reserve study during due diligence.
The Silver Spring Metro station, served by the Red Line, is a short walk from 8045 Newell Street. The station serves both the Glenmont and Shady Grove branches, providing direct access to Bethesda, downtown DC, and points along the entire Red Line corridor. This proximity is one of the residence’s most practical attributes.
The building was constructed in 2005, placing it in a generation of Silver Spring condominiums built during the downtown redevelopment era. The HOA structure includes reserve fund contributions, which supports ongoing capital maintenance. Buyers should review the most recent reserve study and board meeting minutes to assess the building’s financial health.
The input data does not specify a parking assignment for Unit 522. Buyers should confirm parking availability, assignment, and any associated costs directly with the listing agent or HOA management. Parking arrangements in Silver Spring condominium buildings vary by unit and floor level.
At an asking price of $330,000 for 820 square feet, the residence is priced at approximately $402 per square foot. This figure is competitive within the Silver Spring condominium submarket, particularly given the HOA’s inclusion of water and building services. A Wardman team member can provide recent comparable sales for additional context.
The Ellsworth Drive corridor and the broader downtown Silver Spring district offer a walkable concentration of restaurants, cafes, and retail within close proximity to the building. Grocery options and personal services are also accessible on foot. The area’s walkability is a defining characteristic of this submarket.
The Purple Line, a light rail project under construction in Maryland, includes a planned station in Silver Spring that will connect to Bethesda and College Park. This addition will expand transit options beyond the existing Red Line service. Buyers should monitor project timelines through the Maryland Transit Administration for the most current information.
A Wardman team member and the Wardman Residential team at Compass can provide recent comparable sales, HOA document review guidance, and submarket context for Silver Spring condominiums. We represent buyers through the full transaction process, from initial evaluation through closing. Reach out to discuss this residence or similar opportunities in the Silver Spring and Montgomery County market.

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