1516 Gridley Ln, Silver Spring, MD 20902
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Property image
OFF MARKET

1516 Gridley Ln
Silver Spring, MD 20902

Chestnut Ridge
  • 5 Beds
  • 2 Baths
  • 1,248 sqft

$582,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,480/mo*
Refinance Your Home

$582,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $3,480/mo*
Refinance Your Home
5 Beds
2 Baths
1,248 sqft

Home Value

Trulia Estimate
$583K
Since last month
Decreased$12K (-2%)
Since last year
Decreased$3K (-0.5%)
Since last sale
Increased$153K (+35.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +54% in the last 10 years
MonthEstimated value
2026
August 2026$583K
July 2026$589K
June 2026$595K
May 2026$595K
April 2026$594K
March 2026$590K
February 2026$581K
January 2026$574K
2025
2024
2023
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1410 Gridley Ln, Silver Spring, MD
0.10
Single-Family Home
$425,000
10/10/25
3
2
1,372
1523 Crest Rd, Silver Spring, MD
0.07
Single-Family Home
$475,000
12/09/25
3
2
1,676
10402 Hayes Ave, Silver Spring, MD
0.21
Single-Family Home
$530,000
09/25/25
5
2
1,658
1518 Gridley Ln, Silver Spring, MD
0.01
Single-Family Home
$615,000
05/04/26
5
3
2,080
10510 Hayes Ave, Silver Spring, MD
0.16
Single-Family Home
$605,000
06/22/26
3
2
1,288
10408 Huntley Ave, Silver Spring, MD
0.24
Single-Family Home
$466,000
06/01/26
3
2
1,442
10419 Huntley Ave, Silver Spring, MD
0.19
Single-Family Home
$570,000
06/24/26
4
2
1,804
1506 Hanby St, Silver Spring, MD
0.17
Single-Family Home
$480,000
05/19/26
2
1.5
1,192
1605 Windham Ln, Silver Spring, MD
0.26
Single-Family Home
$535,000
12/12/25
4
2
1,664
1602 Windham Ln, Silver Spring, MD
0.23
Single-Family Home
$583,000
01/28/26
5
2
2,184

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1518 Gridley Ln, Silver Spring, MD 20902
0.01
$615,000
5
3
2,080
Recently Sold
1507 Gridley Ln, Silver Spring, MD 20902
0.06
$637,800
4
2
2,132
Off Market
1523 Crest Rd, Silver Spring, MD 20902
0.07
$475,000
3
2
1,676
Recently Sold
10423 Julep Ave, Silver Spring, MD 20902
0.07
$449,400
3
1
864
Off Market
1511 Crest Rd, Silver Spring, MD 20902
0.08
$719,999
7
4
2,971
For Sale
10422 Julep Ave, Silver Spring, MD 20902
0.08
$499,800
4
2
1,726
Off Market
1504 Crest Rd, Silver Spring, MD 20902
0.08
$585,000
3
2
2,100
Recently Sold
1500 Gleason St, Silver Spring, MD 20902
0.10
$480,000
4
2
1,360
Off Market
1410 Gridley Ln, Silver Spring, MD 20902
0.10
$428,800
3
2
1,372
Off Market
1605 Gridley Ln, Silver Spring, MD 20902
0.11
$605,900
3
2
1,552
Off Market
10605 Inwood Ave, Silver Spring, MD 20902
0.15
$662,500
4
2.5
1,904
Recently Sold
10406 Julep Ave, Silver Spring, MD 20902
0.16
$599,900
3
1.5
1,540
For Sale

Local Information

  • Map ViewExplore the area around 1516 Gridley Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Living Area
1,248 sqft
Price/Sqft
$467

About this House

Available now! This 5 bedroom, 2 bath home is centrally located 5 minutes from the beltway and minutes away from downtown Silver Spring, Wheaton Plaza, and 4 Corners shopping center. Note this listing is for the top two levels of the home only!! Main level is complete with open living space, spacious eat-in kitchen, sunroom, three bedrooms, and a full bathroom. Two additional bedrooms and a full bath are situated on the top level. Note basement unit is rented separately with private entrance. Large backyard shared with basement tenant. Pets negotiable with $45 per month in pet rent. Lawncare included in rent. Virtual tour available from property manager. Schedule your showing today!
1516 Gridley Ln, Silver Spring, MD 20902 is a 5 bedroom, 2 bathroom, 1,248 sqft single-family home in Chestnut Ridge, built in 1950. It last sold for $430,000 on Dec 4, 2018 (16,126% above the $2,650 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $2,650 per month. That rental listing was removed on April 1, 2026. It is currently off market. The Trulia Estimate is $582,900, with a rent estimate of $3,638/month.

Home Details for 1516 Gridley Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central Air, Ceiling FanHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Price and Tax history

DateEventPrice
Apr 1, 2026
Source: Zillow Rentals
ListingRemoved
$2,650
Nov 11, 2025
Source: Zillow Rentals
Listed For Rent
$2,650
Nov 29, 2024
Source: Zillow Rentals
ListingRemoved
$2,650
Oct 18, 2024
Source: Zillow Rentals
PriceChange
$2,650
Price decreased by 5%
Sep 24, 2024
Source: Zillow Rentals
Listed For Rent
$2,800

Market trends in Silver Spring

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$535K
$9.98KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$1MoM
Available listings
685
33MoM
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Around this home

Neighborhood Overview

Chestnut Ridge
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

204 pet-friendly rentals in Silver Spring, MD

Explore by feature - Garage

83 rentals with a garage in Silver Spring, MD

Explore by feature - Air Conditioning

331 rentals with air conditioning in Silver Spring, MD

Explore by feature - Pool

145 rentals with a pool in Silver Spring, MD

Explore by feature - Washer/dryer

262 rentals with a washer/dryer in Silver Spring, MD

Explore by feature - Outdoor Space

57 rentals with an outdoor space in Silver Spring, MD

Homes for sale near 1516 Gridley Ln

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Off Market Homes Near 1516 Gridley Ln

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Frequently asked questions about 1516 Gridley Ln

  • What is 1516 Gridley Ln estimated to be worth?
    Trulia's estimated value for 1516 Gridley Ln in Silver Spring, MD is $582,900.
  • What is the price history for 1516 Gridley Ln?
    1516 Gridley Ln in Silver Spring, MD last sold for $430,000 in December 2018.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Silver Spring?
    The median sale price in Silver Spring is $535K. That is up $9.98K from the prior month.
  • Does 1516 Gridley Ln have air conditioning?
    Yes, 1516 Gridley Ln in Silver Spring, MD has air conditioning.