About Silver Spring's South Silver Spring

The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units.
The units were finished in 2006 - 2007

The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies,
Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!

There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.

The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495. Walk to Excellent Shopping, Fine Dining & Entertainment.

Sales at the Silverton in 2009

There were 9 Closed Sales in 2009

1) 1 Bedroom 1 Bath - 4th Floor Unit (750 sq ft) Asking Price - $188,217 Sold Price - $188,217
Days on Market - 23
2) 2 Bedroom 1 Bath - 2nd Floor Unit (992 sq ft) Asking Price - $231,324 Sold Price - $231,324
$7,300 Seller Subsidy - 2 days on the Market
3) 1 Bedroom 1 Bath - 1st Floor Unit (781 sq ft) Asking Price - $285,000 Sold Price - $280,000
$5,000 Seller Subsidy - 47 Days on Market
4) 1 Bedroom 1 Bath - 2nd Floor Unit (819 sq ft) Asking Price - $289,000 Sold Price - $275,000
Days on Market - 118
5) 2 Bedroom 2 Bath -2nd Floor Unit (1,084 sq ft) Asking Price - $330,000 Sold Price - $330,000
$10,000 Seller Subsidy - Days on Market - 160
6) 2 Bedroom 2 Bath - 3rd Floor Unit (1,212 sq ft) Asking Price - $360,000 Sold Price - $350,000
$5,000 Seller Subsidy - Days on Market - 51
7) 1 Bedroom 1 Bath - 4th Floor Unit (935 sq ft) Asking Price - $365,000 Sold Price - $310,000
$4,600 Subsidy - Days on Market - 52
8) 2 Bedroom 2 Bath - 2nd Floor Unit (1,165 sq ft) Asking Price - $375,000 Sold Price - $332,000
$9,960 Seller Subsidy - Days on Market - 28
9) 2 Bedroom 2 Bath - 2nd Floor Unit (1,386 sq ft) Asking Price - $419,000 Sold - $415,000
$5,000 Seller Subsidy - Days on Market - 16



Keep up to date on the prices, market changes and trends in your area of Silver Spring:
Call Debbie Cook (301) 587-3528
Silver Spring - Takoma Park Realtor

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

Originally Built in the 1960's as a rental apartment building, the MICA was converted to condominium ownership in 2006. There are 151 Units in the Mica Building

Features include floor to ceiling windows with great views of Downtown Silver Spring looking towards Rock Creek Park, private balconies, maple cabinets, granite countertops, stainless steel appliances and ceramic tile baths. Square footage of these units is Spacious, ranging from 817 to over 1700 square feet. There is a Swimming Pool with sun deck, a full media center and state-of-the-art fitness center. All units have garage parking and the Building is located 2 Blocks from the Silver Spring Metro Station in Downtown Silver Spring.

2008 Sales in the MICA

11 Sold Listings

8 were 1 Bedroom 1 Bath Units
1 was a 2 Bedroom 1 Bath Unit
2 were 3 Bedroom 2 1/2 Bath Units

Average List/Asking Price - 340,300
Average Sold Price - 336,918
Average Seller Subsidy/Concessions - $9,247
Average Days on Market - 59

Lowest Price was for a 860 sq ft 1 Bedroom Unit - $268,900
Highest Price was for a 1,718 sq ft 3 Bedroom 2 1/2 Bath Unit - $539,900

2009 Sales in the MICA

3 Sold Listings

1 Bedroom 1 Bath - (848 sq ft) 1st Floor - Asking Price - $242,137 Sold - $240,000
$9,000 Seller Subsidy - 29 Days on Market
2 Bedroom 1 Bath - (1,020 sq ft) 11th Floor - Asking Price - $365,000 Sold - $340,000
$10,000 Seller Subsidy - 131 Days on Market
3 Bedroom 2 1/2 Bath - (1,665 sq ft) 12th Floor - Asking Price - $530,000 Sold - $533,000
7 Days on Market


Chart market activity with current up-to-the-minute homes in your area, including such data as sold homes, properties for sale, inventory counts and even days-on-market at Silver Spring Market Snapshot

Interested in a condominium in Downtown Silver Spring?

Search all Condo's for Sale in the Downtown Silver Spring Area

Call Debbie Cook - Silver Spring Realtor (301) 587-3528 for experienced help in navigating the Current Real Estate Market

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 market report is for the last 6 month period May 4 through November 4th 2007. All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1) 1 Bedroom - 1 Bath 5th (Top) Floor Unit with Sunroom (817 sq ft)
Asking - $295,000 Days on Market - 9

2) 1 Bedroom - 1 Bath 5th Floor unit with Sunroom (820 sq ft) Asking - $325,000
Days on Market - 185

3) 2 Bedroom - 1 Bath 3rd floor Unit
(935 sq ft) - Asking $320,000
Days on Market - 15

4) 2 Bedroom - 2 Bath 2nd Floor Unit
(1,222 sq ft) - Asking $395,000

2 Listings are Under Contract
1) Efficiency 0 Bedroom - 1 Bath - 2nd Floor unit (569 sq ft) Days on Market - 5
Asking - $108,736

2) Efficiency 0 Bedroom - 1 Bath
4th Floor Unit (569 sq ft) Days on Market - 3

In all of 2007 there were 12 Condominiums Sold at 8045 Newell Street:

6 Units were 1 Bedroom - 1 Bath Units
List Price Range $296,000 to $326,999
Sold Price Range $285,000 to $310,000

2 Units were 2 Bedroom - 1 Bath Units
List Price Range $335,000 - 339,000
Sold Price Range $330,000 to $339,000

4 Units were 2 Bedroom - 2 Bath Units
List Price Range $390,000 to $439,900
Sold Price Range $378,000 to $439,900

Average Days on the Market for all Condos at 8045 Newell Street in 2007 - 116 Days

8 Listings were Expired and or Withdrawn from the Market in 2007
All units except 1 were 1 Bedroom 1 Bath Units
Average List Price - $367,000
Average Days on Market - 157 Days


If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

Downtown Silver Spring Condos

Fun,Funky Hip and Laid Back Urban Lifestyle offered here! Luxury Top Floor Unit in Small Intimate New Building by Acorn Park in Walkable South Silver Spring neighborhood. Open Floor Plan with High Ceilings and Fantastic Sunroom - Incredible Views. Upgraded Kitchen with granite Counters and High End Appliances. Washer and Dryer in Unit. Walk to Silver Spring Metro/Red Line and all the new ammenities of Downtown Silver Spring.

• 1 bedroom, 1 bath
• High Ceilings and Tons of Light - Lovely Sunroom
• Secure Building - Exercise Room - Party Room
• High End Gourmet Kitchen with Granite Countertops
• Great Views of Park and Downtown Silver Spring
• Sell the Car! - Walkable South Silver Spring Neighborhood. Only Steps from METRO