505 Lanark Way
Silver Spring, MD 20901
Fairway
3 Beds
2 Baths
1,352 sqft
3 Beds
2 Baths
1,352 sqft
Home Value
Trulia Estimate
$638KSince last month
Decreased$7K (-1.1%)Since last year
$200 (0%)Since last sale
Increased$155K (+32.3%)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 +28% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $635K |
| July 2026 | $642K |
| June 2026 | $653K |
| May 2026 | $654K |
| April 2026 | $651K |
| March 2026 | $656K |
| February 2026 | $639K |
| January 2026 | $625K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $600,000 | 06/10/26 | 3 | 2 | 1,610 | |
0.08 | Single-Family Home | $570,000 | 09/05/25 | 3 | 2 | 1,676 | |
0.18 | Single-Family Home | $395,000 | 11/26/25 | 5 | 2.5 | 1,922 | |
0.15 | Single-Family Home | $482,500 | 06/18/26 | 4 | 2 | 1,320 | |
0.09 | 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 | |
0.24 | Single-Family Home | $615,000 | 07/31/26 | 3 | 1.5 | 1,482 | |
0.12 | Single-Family Home | $625,000 | 05/08/26 | 3 | 2.5 | 1,606 | |
0.29 | Single-Family Home | $630,000 | 12/19/25 | 3 | 2 | 1,570 | |
0.11 | Single-Family Home | $525,000 | 04/09/26 | 4 | 2.5 | 1,642 |
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 | $544,400 | 3 | 2 | 1,735 | Off Market | |
0.06 | $690,400 | 3 | 2 | 1,767 | Off Market | |
0.08 | $576,600 | 3 | 2 | 1,676 | Off Market | |
0.02 | $652,000 | 3 | 2 | 2,045 | Off Market | |
0.08 | $579,700 | 3 | 2 | 1,330 | Off Market | |
0.06 | $600,000 | 3 | 2 | 1,610 | Recently Sold | |
0.07 | $711,800 | 5 | 3 | 1,920 | Off Market | |
0.08 | $588,500 | 4 | 2 | 1,370 | Off Market | |
0.10 | $591,100 | 3 | 1.5 | 1,564 | Off Market | |
0.09 | $650,000 | 3 | 2 | 1,764 | Recently Sold | |
0.12 | $687,400 | 3 | 2 | 1,648 | Off Market | |
0.08 | $672,600 | 4 | 2 | 2,728 | Off Market |
Local Information
- Map ViewExplore the area around 505 Lanark Way.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1940
Living Area
1,352 sqft
Price/Sqft
$472
About this House
LOCATION... LOCATION... LOCATION... Sweet ALL BRICK Colonial with Hardwood floors located in "FOUR CORNERS"! Great Close-In Location near Shops, Grocery, Starbucks, Sligo Creek Park, Commuter Routes, and Metro!!! BRING YOUR FURNITURE All offers to include Buyer "Financial Info Sheet" & "Lender Letter" no exceptions.
Home Details for 505 Lanark Way
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Interior Details Basement |
Levels, Entrance, & Accessibility Stories: 2 |
Heating & Cooling Air Conditioning |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: 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: 5928 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 1, 2013 Source: N/A | Sold | $480,000 |
Aug 3, 2013 Source: Agent Provided | Listed For Sale | $483,000 |
Jan 10, 2007 Source: N/A | Sold | $465,000 |
Oct 13, 1999 Source: N/A | Sold | $176,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,878 | $508,200 |
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
Frequently asked questions about 505 Lanark Way
- What is 505 Lanark Way estimated to be worth?Trulia's estimated value for 505 Lanark Way in Silver Spring, MD is $637,600.
- What is the price history for 505 Lanark Way?505 Lanark Way in Silver Spring, MD last sold for $480,000 in October 2013.
- 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.
- How big is the lot at 505 Lanark Way?The lot at 505 Lanark Way in Silver Spring, MD is about 0.14 acres (5,928 sq ft).
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Silver Spring, MD 20904 - PET FRIENDLY$1,727 - $1,897/mo1-2 bd1-2 baMontgomery Trace Apartment Homes | 14120 Grand Pre Rd,
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