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

504 E Melbourne Ave
Silver Spring, MD 20901

Franklin Knolls
  • Studio
  • 3 Baths
  • 1,387 sqft

$601,200

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,569/mo*

$601,200

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $3,569/mo*
Studio
3 Baths
1,387 sqft

Local Information

  • Map ViewExplore the area around 504 E Melbourne Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Living Area
1,387 sqft
Price/Sqft
$433

About this House

This single-family home is located at 504 E Melbourne Ave, Silver Spring, MD. 504 E Melbourne Ave is in the Franklin Knolls neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 3 bathrooms and approximately 1,387 sqft of floor space. This property has a lot size of 7865 sqft and was built in 1959.
504 E Melbourne Ave, Silver Spring, MD 20901 is a studio, 3 bathroom, 1,387 sqft single-family home in Franklin Knolls, built in 1959. It last sold for $570,000 on Apr 10, 2023. It is currently off market. The Trulia Estimate is $601,200, with a rent estimate of $3,235/month.

Home Details for 504 E Melbourne Ave

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Brick

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 7865 sqft

Price History for 504 E Melbourne Ave

DatePriceEventSource
04/10/2023$570,000Sold
Bright MLS #MDMC2080552
03/14/2023$585,000ContingentBright MLS #MDMC2080552
03/05/2023$585,000PendingToActiveBright MLS #MDMC2080552
02/25/2023$585,000ContingentBright MLS #MDMC2080552
02/19/2023$585,000Listed For SaleBright MLS #MDMC2080552
12/01/2022$585,000ListingRemovedBright MLS #MDMC2069210
10/25/2022$585,000PriceChange
Bright MLS #MDMC2069210
09/22/2022$605,000Listed For SaleBright MLS #MDMC2069210
09/02/2022$599,000ListingRemovedBright MLS #MDMC2054550
07/15/2022$599,000PriceChange
Bright MLS #MDMC2054550
06/13/2022$649,000PriceChange
Bright MLS #MDMC2054550
06/07/2022$685,000Listed For SaleBright MLS #MDMC2054550

Market trends in Silver Spring

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$526K
$30.33K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$277
$2
MoM
Available listings
717
1
MoM
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Property Tax and Assessment

Year2025
Tax$5,739
Assessment$496,433
Home facts updated by county records

Comparable Sales for 504 E Melbourne Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Single-Family Home
$609,000
06/05/26
3
2.5
1,373
0.18
Single-Family Home
$739,000
06/01/26
4
2.5
2,116
0.19
Single-Family Home
$569,000
05/07/26
3
2
1,530
0.18
Single-Family Home
$515,000
01/30/26
2
1.5
1,415
0.40
Single-Family Home
$618,999
11/12/25
5
3
1,901
0.13
Single-Family Home
$350,000
06/09/26
3
3
2,604
0.26
Single-Family Home
$520,000
06/24/26
4
2
1,128
0.31
Single-Family Home
$645,000
05/04/26
3
1.5
1,682
0.24
Single-Family Home
$675,000
09/18/25
4
2.5
2,294
0.47
Single-Family Home
$580,000
01/12/26
3
2.5
1,922

Nearby homes

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Assigned Schools

These are the assigned schools for 504 E Melbourne Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Franklin Knolls

At least 1 Trulia users voted on each feature.
  • 100 % Say neighbors are friendly

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say streets are well-lit

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 50 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.
  • Sylvia B.
    "I can honestly tell you that there isn't one house in this neighborhood worth what they're asking for. I can see. If the house was located in Potomac, Maryland but come on, really, you can clearly see.There's no way that houses worth that amount."
  • Ellentnle.md
    "Although the highway is right there, this area is so congested that a 20 minutes commute can easily become 35 or more"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 504 E Melbourne Ave

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Off Market Homes Near 504 E Melbourne Ave

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Frequently asked questions about 504 E Melbourne Ave

  • What is 504 E Melbourne Ave estimated to be worth?
    Trulia's estimated value for 504 E Melbourne Ave in Silver Spring, MD is $601,200.
  • What is the price history for 504 E Melbourne Ave?
    504 E Melbourne Ave in Silver Spring, MD last sold for $570,000 in April 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 $526K. That is up $30.33K from the prior month.
  • How big is the lot at 504 E Melbourne Ave?
    The lot at 504 E Melbourne Ave in Silver Spring, MD is about 0.18 acres (7,865 sq ft).