502 Lanark Way
Silver Spring, MD 20901
Fairway
3 Beds
2 Baths
1,735 sqft
3 Beds
2 Baths
1,735 sqft
Home Value
Trulia Estimate
$544KSince last month
Decreased$5K (-0.9%)Since last year
Increased$6K (+1.1%)Since last sale
Increased$94K (+20.9%)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 +43% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $544K |
| July 2026 | $549K |
| June 2026 | $556K |
| May 2026 | $558K |
| April 2026 | $558K |
| March 2026 | $559K |
| February 2026 | $549K |
| January 2026 | $536K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $570,000 | 09/05/25 | 3 | 2 | 1,676 | |
0.08 | Single-Family Home | $600,000 | 06/10/26 | 3 | 2 | 1,610 | |
0.11 | Single-Family Home | $650,000 | 05/13/26 | 3 | 2 | 1,764 | |
0.15 | Single-Family Home | $615,000 | 08/27/25 | 3 | 2 | 1,718 | |
0.10 | Single-Family Home | $625,000 | 05/08/26 | 3 | 2.5 | 1,606 | |
0.31 | Single-Family Home | $430,000 | 01/30/26 | 4 | 3 | 2,288 | |
0.11 | Single-Family Home | $689,000 | 07/14/26 | 3 | 2.5 | 1,919 | |
0.18 | Single-Family Home | $482,500 | 06/18/26 | 4 | 2 | 1,320 | |
0.25 | Single-Family Home | $615,000 | 07/31/26 | 3 | 1.5 | 1,482 |
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 |
|---|---|---|---|---|---|---|
0.05 | $652,000 | 3 | 2 | 2,045 | Off Market | |
0.05 | $711,800 | 5 | 3 | 1,920 | Off Market | |
0.10 | $478,100 | 3 | 1 | 1,025 | Off Market | |
0.11 | $736,600 | 5 | 3 | 1,899 | Off Market | |
0.06 | $588,500 | 4 | 2 | 1,370 | Off Market | |
0.10 | $672,600 | 4 | 2 | 2,728 | Off Market | |
0.08 | $600,000 | 3 | 2 | 1,610 | Recently Sold | |
0.08 | $690,400 | 3 | 2 | 1,767 | Off Market | |
0.10 | $625,000 | 3 | 2.5 | 1,606 | Recently Sold | |
0.09 | $725,500 | 4 | 2.5 | 1,638 | Off Market | |
0.11 | $689,000 | 3 | 2.5 | 1,919 | Recently Sold |
Local Information
- Map ViewExplore the area around 502 Lanark Way.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1951
Living Area
1,735 sqft
Price/Sqft
$314
Parking
2 Open Spaces
About this House
This cozy bricked, ranch style home is ready for updates and someone who is looking for a house to make their own. Front door opens into freshly painted, hardwood covered large living room with wood burning fireplace. Granite countered kitchen opens to the dining room allowing for casual visitation and conversation while preparing a meal. Two bedrooms on the main floor have hardwood House is positioned well back from the street, but still plenty of room in the back yard for gardening. Basement has a large spare guest room and a large living room. Large greenhouse out back is ready for a re-do or a conversion to a large shed. Priced to sell. Furnace not currently working. House being sold as-is, preferably to someone who has vision and a desire to make this house their own.
502 Lanark Way, Silver Spring, MD 20901 is a 3 bedroom, 2 bathroom, 1,735 sqft single-family home in Fairway, built in 1951. It last sold for $450,000 on Dec 6, 2023 (13% above the $399,000 asking price). More recently, it was listed as a rental in May 2013 with an asking price of $1,900 per month. That rental listing was removed on July 3, 2013. It is currently off market. The Trulia Estimate is $544,400, with a rent estimate of $3,244/month.
Last check for updates: about 18 hours ago
Listed by Piet de Dreu, (443) 632-7378
Corner House Realty
Bought with: Dendry Aguilar, (301) 379-1972, Fairfax Realty Premier
Source: Bright MLS, MLS#MDMC2110932
Home Details for 502 Lanark Way
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Interior Details Basement: Connecting StairwayNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1735 Square Feet |
Appliances & Utilities Appliances: Gas Water HeaterLaundry: Lower Level,Laundry Room |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood, Carpet, Ceramic Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: NoneFloors: Hardwood, Carpet, Ceramic Tile, Wood |
View No View |
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Exterior Home Features Roof: ShingleOther Structures: Above Grade, Below GradeFoundation: OtherNo Private Pool |
Parking & Garage Open Parking Spaces: 2No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: On Street,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1035 Square FeetFinished Area (below surface): 700 Square Feet |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Ranch/Rambler |
Building Construction Materials: Brick, OtherNot a New ConstructionNo Additional Parcels |
Property Information Condition: Average, Below AverageIncluded in Sale: Refrigerator, Stove, Dishwasher, Washer DryerParcel Number: 161301107458 |
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Price List Price: $399,000 |
Status Change & Dates Off Market Date: Wed Dec 06 2023Possession Timing: Close Of Escrow, Negotiable |
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MLS Status: CLOSED |
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Direction & Address City: SILVER SPRINGCommunity: Fairway |
School Information Elementary School: Forest KnollsElementary School District: Montgomery County Public SchoolsJr High / Middle School: Silver Spring InternationalJr High / Middle School District: Montgomery County Public SchoolsHigh School: NorthwoodHigh School District: Montgomery County Public Schools |
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Building Area Building Area: 2035 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 5963 sqft |
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Special Conditions: Standard |
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Contingencies: AppraisalListing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: MDMC2110932Above Grade Unfinished Area: 1035 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 6, 2023 Source: Bright MLS #MDMC2110932 | Sold | $450,000 |
Nov 1, 2023 Source: Bright MLS #MDMC2110932 | ListingRemoved | |
Oct 26, 2023 Source: Bright MLS #MDMC2110932 | Listed For Sale | $399,000 |
Jul 3, 2013 Source: Agent Provided | ListingRemoved | $1,900 |
May 23, 2013 Source: Agent Provided | Listed For Rent | $1,900 |
Jul 10, 2002 Source: N/A | Sold | $235,000 |
Sep 17, 1999 Source: N/A | Sold | $129,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,622 | $477,400 |
Home facts updated by county records
Market trends in Silver Spring
Last updated July 2026
Avg. sale price
$535K
$9.98KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$1MoM
Available listings
685
33MoM
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Fairway
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc. Click here for more information
Frequently asked questions about 502 Lanark Way
- What is 502 Lanark Way estimated to be worth?Trulia's estimated value for 502 Lanark Way in Silver Spring, MD is $544,400.
- What is the price history for 502 Lanark Way?502 Lanark Way in Silver Spring, MD last sold for $450,000 in December 2023.
- 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 502 Lanark Way have air conditioning?Yes, 502 Lanark Way in Silver Spring, MD has air conditioning.
- Does 502 Lanark Way have laundry facilities?Yes, 502 Lanark Way in Silver Spring, MD has laundry facilities.
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