$627,300
- 4 Beds
- 3 Baths
- 1,873 sqft
509 Lanark Way, Silver Spring, MD 20901
Est. Refi. Payment $3,750/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 25, 2021 for $538,000
Home Value
Trulia Estimate
$627KSince last month
Decreased$10K (-1.6%)Since last year
Increased$3K (+0.4%)Since last sale
Increased$89K (+16.5%)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 +48% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $627K |
| July 2026 | $637K |
| June 2026 | $643K |
| May 2026 | $645K |
| April 2026 | $641K |
| March 2026 | $642K |
| February 2026 | $627K |
| January 2026 | $613K |
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 | $525,000 | 04/09/26 | 4 | 2.5 | 1,642 | |
0.19 | Single-Family Home | $375,000 | 04/28/26 | 4 | 3 | 1,968 | |
0.11 | Single-Family Home | $625,000 | 05/08/26 | 3 | 2.5 | 1,606 | |
0.12 | Single-Family Home | $689,000 | 07/14/26 | 3 | 2.5 | 1,919 | |
0.24 | Single-Family Home | $625,000 | 09/26/25 | 4 | 3 | 2,275 | |
0.07 | Single-Family Home | $600,000 | 06/10/26 | 3 | 2 | 1,610 | |
0.11 | Single-Family Home | $570,000 | 09/05/25 | 3 | 2 | 1,676 | |
0.14 | Single-Family Home | $727,000 | 02/06/26 | 5 | 3 | 2,376 | |
0.23 | Single-Family Home | $725,000 | 04/10/26 | 4 | 3 | 2,275 | |
0.12 | Single-Family Home | $650,000 | 05/13/26 | 3 | 2 | 1,764 |
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 | $542,700 | 3 | 2 | 1,735 | Off Market | |
0.02 | $649,700 | 3 | 2 | 2,045 | Off Market | |
0.09 | $708,100 | 5 | 3 | 1,920 | Off Market | |
0.08 | $478,100 | 3 | 1 | 1,025 | Off Market | |
0.08 | $734,200 | 5 | 3 | 1,899 | Off Market | |
0.11 | $585,900 | 4 | 2 | 1,370 | Off Market | |
0.06 | $666,200 | 4 | 2 | 2,728 | Off Market | |
0.07 | $600,000 | 3 | 2 | 1,610 | Recently Sold | |
0.08 | $688,900 | 3 | 2 | 1,767 | Off Market | |
0.11 | $625,000 | 3 | 2.5 | 1,606 | Recently Sold | |
0.12 | $742,100 | 4 | 2.5 | 1,638 | Off Market | |
0.12 | $689,000 | 3 | 2.5 | 1,919 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1940
Living Area
1,873 sqft
Price/Sqft
$335
About this House
This single-family home is located at 509 Lanark Way, Silver Spring, MD. 509 Lanark Way is in the Fairway neighborhood in Silver Spring, MD and in ZIP code 20901. This property has 4 bedrooms, 3 bathrooms and approximately 1,873 sqft of floor space. This property has a lot size of 5083 sqft and was built in 1940.
509 Lanark Way, Silver Spring, MD 20901 is a 4 bedroom, 3 bathroom, 1,873 sqft single-family home in Fairway, built in 1940. It last sold for $538,000 on Jan 25, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $627,300, with a rent estimate of $3,880/month.
Home Details for 509 Lanark Way
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Interior Details BasementTypes of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Office, PantryCeiling Fan |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3Floors: Hardwood, Laminate |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleExterior: Brick |
Parking & Garage Parking Spaces: 2Parking: Off Street |
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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: 5083 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 25, 2021 Source: N/A | Sold | $538,000 |
Jan 21, 2021 Source: Bright MLS #MDMC741390 | Pending | $538,000 |
Jan 21, 2021 Source: Bright MLS #MDMC741390 | Listed For Sale | $538,000 |
Feb 29, 2008 Source: N/A | Sold | $49,249 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,404 | $464,800 |
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
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LGBTQ Local Legal Protections
Frequently asked questions about 509 Lanark Way
- What is 509 Lanark Way estimated to be worth?Trulia's estimated value for 509 Lanark Way in Silver Spring, MD is $627,300.
- What is the price history for 509 Lanark Way?509 Lanark Way in Silver Spring, MD last sold for $538,000 in January 2021.
- 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 509 Lanark Way have air conditioning?Yes, 509 Lanark Way in Silver Spring, MD has air conditioning.
- Does 509 Lanark Way have laundry facilities?Yes, 509 Lanark Way in Silver Spring, MD has in-unit laundry.