408 E Melbourne Ave, Silver Spring, MD 20901
Property image
Property image
OFF MARKET

$438,000

Trulia Estimate
  • Studio
  • 1 Bath
  • 816 sqft

408 E Melbourne Ave, Silver Spring, MD 20901

Indian Spring Park
Est. Refi. Payment $2,678/mo*
Refinance Your Home
Currently Off Market - Sold Oct 13, 2023 for $415,000

Home Value

Trulia Estimate
$438K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$5K (-1.1%)
Since last sale
Increased$24K (+5.8%)
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 +35% in the last 10 years
MonthEstimated value
2026
November 2026$439K
October 2026$442K
September 2026$438K
August 2026$440K
July 2026$441K
June 2026$451K
May 2026$452K
April 2026$454K
March 2026$447K
February 2026$440K
January 2026$438K
2025
2024
2023
2022
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
9406 Seminole St, Silver Spring, MD
0.21
Single-Family Home
$390,000
12/12/25
2
1
924
9405 Garwood St, Silver Spring, MD
0.13
Single-Family Home
$515,000
01/30/26
2
1.5
1,415
224 University Blvd E, Silver Spring, MD
0.26
Single-Family Home
$520,000
06/24/26
4
2
1,128
505 E Schuyler Rd, Silver Spring, MD
0.15
Single-Family Home
$569,000
05/07/26
3
2
1,530
8 Melbourne Ave, Silver Spring, MD
0.46
Single-Family Home
$507,500
04/14/26
2
1
1,073
220 University Blvd E, Silver Spring, MD
0.28
Single-Family Home
$395,000
11/26/25
3
2
1,520
9207 Long Branch Pkwy, Silver Spring, MD
0.26
Single-Family Home
$530,000
04/20/26
2
2
1,310
9303 Mintwood St, Silver Spring, MD
0.14
Single-Family Home
$590,000
10/22/26
3
2.5
1,800
115 Melbourne Ave, Silver Spring, MD
0.64
Single-Family Home
$415,000
12/16/25
2
1
968
9330 Caroline Ave, Silver Spring, MD
0.63
Single-Family Home
$415,000
12/23/25
3
1
1,080

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
410 E Melbourne Ave, Silver Spring, MD 20901
0.01
$454,000
2
1
816
Off Market
406 E Melbourne Ave, Silver Spring, MD 20901
0.01
$402,800
Studio
1
1,152
Off Market
412 E Melbourne Ave, Silver Spring, MD 20901
0.02
$480,400
Studio
2
1,320
Off Market
404 E Melbourne Ave, Silver Spring, MD 20901
0.02
$713,900
4
3.5
816
Off Market
Address Not Disclosed, Silver Spring, MD 20901
0.02
$618,700
6
3
2,136
Off Market
9920 Moss Ave, Silver Spring, MD 20901
0.02
$645,700
3
2
1,243
Off Market
9970 Moss Ave, Silver Spring, MD 20901
0.03
$746,800
Studio
4
1,981
Off Market
9940 Moss Ave, Silver Spring, MD 20901
0.03
$667,400
4
2.5
2,847
Off Market
9910 Moss Ave, Silver Spring, MD 20901
0.03
$560,400
4
3
1,243
Off Market
414 E Melbourne Ave, Silver Spring, MD 20901
0.03
$390,700
Studio
1
816
Off Market
9950 Moss Ave, Silver Spring, MD 20901
0.03
$739,100
5
3
2,778
Off Market
9318 Glenville Rd, Silver Spring, MD 20901
0.03
$672,000
3
2.5
1,831
Off Market
409 E Melbourne Ave, Silver Spring, MD 20901
0.04
$483,800
3
2
1,080
Off Market
403 E Melbourne Ave, Silver Spring, MD 20901
0.04
$649,000
4
2.5
2,169
Recently Sold
407 E Melbourne Ave, Silver Spring, MD 20901
0.04
$503,000
Studio
1
1,056
Off Market
405 E Melbourne Ave, Silver Spring, MD 20901
0.04
$599,000
3
2
1,532
Off Market
9900 Moss Ave, Silver Spring, MD 20901
0.04
$615,200
3
2
1,940
Off Market
9960 Moss Ave, Silver Spring, MD 20901
0.04
$656,700
4
3.5
3,037
Off Market
9316 Glenville Rd, Silver Spring, MD 20901
0.05
$599,900
4
2
3,742
Off Market
331 University Blvd E, Silver Spring, MD 20901
0.05
$615,500
6
5
2,236
Off Market

Local Information

  • Map ViewExplore the area around 408 E Melbourne Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1942
816 sqft
$537/sqft

About this House

What's unique:Home gymIndian spring parkSeparate dining roomCozy bungalow
This single-family home is located at 408 E Melbourne Ave, Silver Spring, MD. 408 E Melbourne Ave is in the Indian Spring Park neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 1 bathroom and approximately 816 sqft of floor space. This property has a lot size of 6627 sqft and was built in 1942.
408 E Melbourne Ave, Silver Spring, MD 20901 is a studio, 1 bathroom, 816 sqft single-family home in Indian Spring Park, built in 1942. It last sold for $415,000 on Oct 13, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $438,000, with a rent estimate of $2,348/month.

Home Details for 408 E Melbourne Ave

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: RadiantHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 6627 sqft

Price and Tax history

DateEventPrice
Oct 13, 2023
Source: Bright MLS #MDMC2104648
Sold
$415,000
Sep 6, 2023
Source: Bright MLS #MDMC2104648
Contingent
$429,000
Sep 1, 2023
Source: Bright MLS #MDMC2104648
Listed For Sale
$429,000
Jun 21, 2012
Source: N/A
Sold
$288,000
Dec 15, 1994
Source: N/A
Sold
$102,000

Market trends in Silver Spring

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$541K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$282
$4MoM
Available listings
707
44MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Indian Spring Park

At least 8 Trulia users voted on each feature.

  • 100 % Say kids play outside

  • 100 % Say they plan to stay for at least 5 years

  • 93 % Say people would walk alone at night

  • 91 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say there's wildlife

  • 82 % Say there's holiday spirit

  • 81 % Say yards are well-kept

  • 77 % Say there are sidewalks

  • 77 % Say it's dog friendly

  • 73 % Say streets are well-lit

  • 60 % Say car is needed

  • 58 % Say it's walkable to grocery stores

  • 58 % Say there are community events

  • 54 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Bikerfitz
    "Safe, friendly neighborhood with lots of green space. Kids ride their bikes outside. Lots of dogs being walked. Close to everything. "
    0
    Flag
  • Mrjohnamcpherson
    "Lived here since 2003 and its great, the people who live here are great and the neighborhood is a great place. Silver Spring is a good place to live"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 408 E Melbourne Ave

  • What is 408 E Melbourne Ave estimated to be worth?
    Trulia's estimated value for 408 E Melbourne Ave in Silver Spring, MD is $438,000.
  • What is the price history for 408 E Melbourne Ave?
    408 E Melbourne Ave in Silver Spring, MD last sold for $415,000 in October 2023.
  • Is Silver Spring a buyer's or seller's market?
    Silver Spring is currently a buyer'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 $541K. That is down $5K from the prior month.
  • How big is the lot at 408 E Melbourne Ave?
    The lot at 408 E Melbourne Ave in Silver Spring, MD is about 0.15 acres (6,627 sq ft).

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