503 Lanark Way
Silver Spring, MD 20901
Fairway- 4 Beds
- 2 Baths
- 1,445 sqft
4 Beds
2 Baths
1,445 sqft
Home Value
Trulia Estimate
$643KSince last month
Decreased$13K (-2%)Since last year
Decreased$18K (-2.7%)Since last sale
Increased$70K (+12.2%)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 +36% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $645K |
| July 2026 | $651K |
| June 2026 | $659K |
| May 2026 | $662K |
| April 2026 | $661K |
| March 2026 | $661K |
| February 2026 | $647K |
| January 2026 | $638K |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $600,000 | 06/10/26 | 3 | 2 | 1,610 | |
0.06 | Single-Family Home | $570,000 | 09/05/25 | 3 | 2 | 1,676 | |
0.16 | Single-Family Home | $482,500 | 06/18/26 | 4 | 2 | 1,320 | |
0.13 | Single-Family Home | $595,000 | 08/20/25 | 4 | 2.5 | 1,642 | |
0.08 | Single-Family Home | $650,000 | 05/13/26 | 3 | 2 | 1,764 | |
0.12 | Single-Family Home | $525,000 | 04/09/26 | 4 | 2.5 | 1,642 | |
0.16 | Single-Family Home | $615,000 | 08/27/25 | 3 | 2 | 1,718 | |
0.32 | Single-Family Home | $547,000 | 07/14/26 | 4 | 2 | 1,248 | |
0.26 | Single-Family Home | $615,000 | 07/31/26 | 3 | 1.5 | 1,482 | |
0.18 | Single-Family Home | $395,000 | 11/26/25 | 5 | 2.5 | 1,922 |
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 |
|---|---|---|---|---|---|---|
0.03 | $546,500 | 3 | 2 | 1,735 | Off Market | |
0.05 | $690,400 | 3 | 2 | 1,767 | Off Market | |
0.06 | $576,600 | 3 | 2 | 1,676 | Off Market | |
0.04 | $652,000 | 3 | 2 | 2,045 | Off Market | |
0.07 | $582,300 | 3 | 2 | 1,330 | Off Market | |
0.05 | $600,000 | 3 | 2 | 1,610 | Recently Sold | |
0.07 | $714,600 | 5 | 3 | 1,920 | Off Market | |
0.08 | $588,500 | 4 | 2 | 1,370 | Off Market | |
0.09 | $593,200 | 3 | 1.5 | 1,564 | Off Market | |
0.08 | $650,000 | 3 | 2 | 1,764 | Recently Sold | |
0.11 | $687,400 | 3 | 2 | 1,648 | Off Market | |
0.09 | $672,600 | 4 | 2 | 2,728 | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1940
Living Area
1,445 sqft
Price/Sqft
$445
About this House
NEW PRICE! Meticulously maintained 4BR/3BA Cape Cod in an awesome location! Hardwoods throughout first floor, updated bathrooms, eat-in kitchen with door leading to spacious deck, stairs to outside patio with hot tub hook-up, large finished basement. Must see!
Home Details for 503 Lanark Way
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Interior Details Basement |
Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 3 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleExterior: Other, Brick |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 5806 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 30, 2022 Source: Bright MLS #MDMC2069648 | Sold | $575,000 |
Sep 22, 2022 Source: Bright MLS #MDMC2069648 | Contingent | $569,000 |
Sep 19, 2022 Source: Bright MLS #MDMC2069648 | Listed For Sale | $569,000 |
Aug 30, 2022 Source: Bright MLS #MDMC2053304 | ListingRemoved | $599,000 |
Aug 19, 2022 Source: Bright MLS #MDMC2053304 | PriceChange | $599,000 Price decreased by 3% |
Aug 8, 2022 Source: Bright MLS #MDMC2053304 | PriceChange | $619,900 Price decreased by 3% |
Jul 29, 2022 Source: Bright MLS #MDMC2053304 | Listed For Sale | $640,000 |
Jun 6, 2013 Source: N/A | Sold | $442,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,314 | $543,900 |
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
What Locals Say about Fairway
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 503 Lanark Way
Off Market Homes Near 503 Lanark Way
Frequently asked questions about 503 Lanark Way
- What is 503 Lanark Way estimated to be worth?Trulia's estimated value for 503 Lanark Way in Silver Spring, MD is $643,100.
- What is the price history for 503 Lanark Way?503 Lanark Way in Silver Spring, MD last sold for $575,000 in September 2022.
- 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 503 Lanark Way have air conditioning?Yes, 503 Lanark Way in Silver Spring, MD has air conditioning.
- How big is the lot at 503 Lanark Way?The lot at 503 Lanark Way in Silver Spring, MD is about 0.13 acres (5,806 sq ft).

