516 Elderwood Rd
Silver Spring, MD 20904
- 4 Beds
- 3 Baths
- 2,903 sqft (on 0.35 acres)
4 Beds
3 Baths
2,903 sqft
(on 0.35 acres)
Home Value
Trulia Estimate
$601KSince last month
Decreased$700 (-0.1%)Since last year
Decreased$7K (-1.2%)Since last sale
Increased$71K (+13.4%)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 +54% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $601K |
| July 2026 | $602K |
| June 2026 | $618K |
| May 2026 | $623K |
| April 2026 | $625K |
| March 2026 | $624K |
| February 2026 | $607K |
| January 2026 | $596K |
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 |
|---|---|---|---|---|---|---|---|
0.28 | Single-Family Home | $520,000 | 11/17/25 | 4 | 3 | 2,708 | |
0.16 | Single-Family Home | $650,000 | 12/19/25 | 4 | 2.5 | 3,548 | |
0.34 | Single-Family Home | $650,000 | 08/18/26 | 4 | 2.5 | 2,016 | |
0.32 | Single-Family Home | $511,776 | 06/18/26 | 3 | 3 | 2,216 | |
0.35 | Single-Family Home | $610,000 | 07/07/26 | 5 | 3 | 2,664 | |
0.37 | Single-Family Home | $557,347 | 04/14/26 | 3 | 2.5 | 2,434 | |
0.53 | Single-Family Home | $647,500 | 12/10/25 | 3 | 3 | 3,140 | |
0.57 | Single-Family Home | $550,000 | 09/15/25 | 4 | 3 | 2,132 | |
0.27 | Single-Family Home | $615,000 | 05/11/26 | 5 | 3 | 3,922 | |
0.52 | Single-Family Home | $450,000 | 06/30/26 | 4 | 2.5 | 1,954 |
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 |
|---|---|---|---|---|---|---|
0.13 | $625,000 | 5 | 3.5 | 1,951 | For Sale | |
0.11 | $611,600 | 4 | 2 | 1,936 | Off Market | |
0.16 | $650,000 | 4 | 2.5 | 3,548 | Recently Sold | |
0.18 | $648,200 | 4 | 3 | 2,004 | Off Market | |
0.18 | $574,900 | 3 | 3 | 2,272 | Off Market | |
0.18 | $1,275,000 | 6 | 4 | 4,394 | For Sale | |
0.21 | $825,600 | 6 | 3.5 | 4,427 | Off Market | |
0.24 | $615,600 | 3 | 2.5 | 1,954 | Off Market | |
0.24 | $633,300 | 4 | 3 | 2,422 | Off Market | |
0.24 | $310,000 | - | - | - | Recently Sold | |
0.27 | $450,000 | 4 | 3.5 | 1,984 | Recently Sold | |
0.29 | $450,000 | 3 | 3.5 | 2,394 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1962
Lot Size
0.35 acres
Living Area
2,903 sqft
Price/Sqft
$207
Parking
Garage
About this House
Solid brick split level colonial awaits. Beautiful gleaming hardwood floors and plenty of windows fill the space with natural light. Updated kitchen with breakfast bar. Spacious and open. Rec room is fully carpeted with built-ins and brick fireplace. Huge laundry room with sink. Lots of storage spaces including 2 sheds. Patio and gazebo allows for more entertaining spaces. Central Air. Large corner lot. Carport with long driveway for plenty of parking. Great location. Close to major commuter routes, schools, shopping and parks. A must see!
516 Elderwood Rd, Silver Spring, MD 20904 is a 4 bedroom, 3 bathroom, 2,903 sqft single-family home built in 1962. It last sold for $530,000 on Oct 12, 2005. More recently, it was listed as a rental in January 2021 with an asking price of $2,700 per month. That rental listing was removed on February 12, 2021. It is currently off market. The Trulia Estimate is $601,100, with a rent estimate of $3,527/month.
Home Details for 516 Elderwood Rd
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Interior Details BasementCeiling Fan |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1.5Floors: Tile, Carpet |
Appliances & Utilities MicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleExterior: Brick |
Parking & Garage GarageParking: None, Garage |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.35 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 12, 2021 Source: Long & Foster Broker Feed | ListingRemoved | |
Jan 2, 2021 Source: Bright MLS #MDMC739106 | Listed For Rent | $2,700 |
Jul 12, 2009 Source: Agent Provided | ListingRemoved | $295,900 |
Jul 2, 2009 Source: Agent Provided | Listed For Sale | $295,900 |
Oct 12, 2005 Source: N/A | Sold | $530,000 |
Nov 25, 2002 Source: N/A | Sold | $305,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,155 | $474,300 |
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 Silver Spring
At least 1483 Trulia users voted on each feature.
87 % Say it's dog friendly
78 % Say there are sidewalks
71 % Say parking is easy
68 % Say car is needed
68 % Say kids play outside
67 % Say yards are well-kept
67 % Say streets are well-lit
67 % Say it's walkable to grocery stores
65 % Say there's holiday spirit
63 % Say people would walk alone at night
60 % Say it's quiet
58 % Say it's walkable to restaurants
57 % Say there's wildlife
55 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 516 Elderwood Rd
- What is 516 Elderwood Rd estimated to be worth?Trulia's estimated value for 516 Elderwood Rd in Silver Spring, MD is $601,100.
- What is the price history for 516 Elderwood Rd?516 Elderwood Rd in Silver Spring, MD last sold for $530,000 in October 2005.
- 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 516 Elderwood Rd have air conditioning?Yes, 516 Elderwood Rd in Silver Spring, MD has air conditioning.
- How big is the lot at 516 Elderwood Rd?The lot at 516 Elderwood Rd in Silver Spring, MD is about 0.35 acres (15,358 sq ft).

