502 Lanark Way

Closed 12/6/23

Living Room Entry w/ Large Windows & Natural Light

Last Sold Price

$450,000

3 beds2 baths1,735 sqft$259/sqft

502 Lanark Way, Silver Spring, MD 20901

Description

This cozy bricked, ranch style home is ready for updates and someone who is looking for a house to make their own. Front door opens into freshly painted, hardwood covered large living room with wood burning fireplace. Granite countered kitchen opens to the dining room allowing for casual visitation and conversation while preparing a meal. Two bedrooms on the main floor have hardwood House is positioned well back from the street, but still plenty of room in the back yard for gardening. Basement has...This cozy bricked, ranch style home is ready for updates and someone who is looking for a house to make their own. Front door opens into freshly painted, hardwood covered large living room with wood burning fireplace. Granite countered kitchen opens to the dining room allowing for casual visitation and conversation while preparing a meal. Two bedrooms on the main floor have hardwood House is positioned well back from the street, but still plenty of room in the back yard for gardening. Basement has a large spare guest room and a large living room. Large greenhouse out back is ready for a re-do or a conversion to a large shed. Priced to sell. Furnace not currently working. House being sold as-is, preferably to someone who has vision and a desire to make this house their own.

LISTING CLOSED: 12/06/2023 12:00 AM

Listed by Pieter de Dreu • Corner House Realty
P: (443)-632-7378 pietdedreu@yahoo.com

Property Details for 502 Lanark Way

Status

Closed

MLS #

MDMC2110932

Days on Market

Taxes

$4,841 / year

HOA Fees

Condo/Co-op Fees

Property Type

Single Family

MLS Type

Residential / Fee Simple

Year Built

1951

Lot Size

0.14 AC / 5,963 SF

County

Montgomery County

Tax ID Number

161301107458

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Detached

Style

Ranch/Rambler

Levels/Stories

Furnished

Waterfront

Garage

Expected On Market Date

10-26-2023

Subdivision

FAIRWAY

Subdivision

FAIRWAY (MONTGOMERY MD)

Legal Subdivision

FAIRWAY

Total Parking Spaces

Central Air

Yes

Basement

Yes

Above Grade Finished SQFT

1,035.00

Above Grade Fin SQFT Source

Assessor

Below Grade Finished SQFT

700.00

Below Grade Fin SQFT Source

Estimated

Below Grade Unfinished SQFT

300.00

Below Grade Unfin SQFT Source

Estimated

Total Below Grade SQFT

1,000.00

Total Below Grade SQFT Source

Estimated

New Construction

Building Winterized Y/N

Property Condition

Average, Below Average

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Location

Listing Courtesy of Corner House Realty

Sold By Fairfax Realty Premier

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Building Information for 502 Lanark Way

Stories2Year Built1951Building Size-Lot Size0.14 AC / 5,963 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$2,691 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,287

Property Taxes

$403

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 502 Lanark Way

Location

In City Limits: No
School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

School District County ID: 121138126809
SchoolDistrictSource: 3rd Party
Elementary School: FOREST KNOLLS (MONTGOMERY MD)
ElementarySchoolSource: 3rd Party
Middle Or Junior School: SILVER SPRING INTERNATIONAL (MONTGOMERY MD)
MiddleSchoolSource: 3rd Party
High School: NORTHWOOD (MONTGOMERY MD)
HighSchoolSource: 3rd Party
County: MONTGOMERY

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2022
Tax Assessed Value: $412,133

Year Assessed: 2023
County Tax: $4,188
Improvement Assessed Value: $269,300
City Town Tax: $0
Land Assessed Value: $208,100
Clean Green Assessed: No
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Land Use Code: R
Refuse Fee: $478
Zoning: R60
Tax Lot: 7
School Tax: $0
Automatically Update Tax Values Y/N: Yes

Lease Information

Concessions: No

Rooms

Main

# Bedrooms Count Main Level: 2
# Bathrooms Count Main Level: 1

# Bathrooms Full Main Level: 1

All Lower Levels

# Bedrooms All Lower Levels: 1
# Bathrooms All Lower Levels: 1

# Bathrooms Full All Lower Levels: 1

Lower Level 1

# Bedrooms Lower Level: 1
# Bathrooms Lower Level: 1

# Bathrooms Full Lower Level: 1

Rooms

Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Recreation Room, Bathroom 1, Bathroom 2
Stories: Lower 1, Main

Rooms Information

Room 1

Room Type: Living Room
Room Level: Main

Room Exists: Yes
Room Features: Flooring - HardWood, Fireplace - Wood Burning

Room 2

Room Type: Dining Room
Room Level: Main

Room Exists: Yes
Room Features: Flooring - HardWood

Room 3

Room Type: Kitchen
Room Level: Main

Room Exists: Yes
Room Features: Countertop(s) - Granite, Kitchen - Electric Cooking, Flooring - Ceramic Tile

Room 4

Room Type: Primary Bedroom
Room Level: Main

Room Exists: Yes
Room Features: Flooring - HardWood

Room 5

Room Type: Bedroom 2
Room Level: Main

Room Exists: Yes
Room Features: Flooring - HardWood

Room 6

Room Type: Bathroom 1
Room Level: Main

Room Exists: Yes
Room Features: Tub Shower, Flooring - Ceramic Tile

Room 7

Room Type: Recreation Room
Room Level: Lower 1

Room Exists: Yes
Room Features: Flooring - Carpet

Room 8

Room Type: Bathroom 2
Room Level: Lower 1

Room Exists: Yes

Room 9

Room Type: Laundry
Room Level: Lower 1

Room Exists: Yes

Room 10

Room Type: Bedroom 3
Room Level: Lower 1

Room Exists: Yes
Room Features: Flooring - Carpet

Building Info

Total Finished SQFT: 1,735.00
Total Finished SQFT Source: Estimated

Tax Total Finished SQFT: 1,535.00
Total SQFT: 2,035.00
Total SQFT Source: Estimated
Construction Materials: Brick, Other
Roof: Shingle
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8026/9264/2854/802692642854_512_384_WM_60r1CpMrJ1iQbqA0.jpg
Flooring Type: Hardwood, Carpet, Ceramic Tile
Basement Type: Connecting Stairway
Basement Finished Percent: 75.00
Foundation Details: Other
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bedrooms-Lower Level 1-1, Bathrooms Full-Lower Level 1-1
# Bathrooms Full: 2
Other Structure: Greenhouse

Lot / Land Information

Lot Size Source: Assessor
Parcel ID: 14014194

Additional Parcels: No
Ground Rent Exists: No

Parking

Type Of Parking: On Street, Driveway
Driveway - # of Spaces: 2

Interior Features

Interior Features: Dining Area, Wood Floors, Combination Kitchen/Dining, Combination Kitchen/Living
Fireplace: Yes

Fireplaces Count: 1
Fireplace Features: Wood
Accessibility Features: None
Laundry Type: Lower Floor

Exterior Features

Pool: No Pool

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Howard County Association of REALTORS
List Agent URL: www.pietdedreu.com

Property History for 502 Lanark Way

Date	Event & Source	Price	Appreciation
Dec 6, 2023	Closed (Public Record) Public Record #1523537362	$450,000	+3.1% / yr
Dec 6, 2023	Closed BRIGHT #MDMC2110932	$450,000	—
Nov 1, 2023	Pending BRIGHT #MDMC2110932		—
Nov 1, 2023	Active Under Contract BRIGHT #MDMC2110932		—
Oct 31, 2023	Temp Off Market BRIGHT #MDMC2110932		—
Oct 26, 2023	Listed (Active) BRIGHT #MDMC2110932	$399,000	—
Jul 10, 2002	Closed (Public Record) Public Record #98473490	$235,000	—
Sep 10, 1999	Closed BRIGHT #MDMC421064	$129,000	—
Aug 25, 1999	Pending BRIGHT #MDMC421064		—
Jul 23, 1999	Listed (Active) BRIGHT #MDMC421064	$138,000	—

Date	Event & Source	Price
12/06/2023	Closed (Public Record) Public Record #1523537362	$450,000 +3.1% / yr
12/06/2023	Closed BRIGHT #MDMC2110932	$450,000
11/01/2023	Pending BRIGHT #MDMC2110932	—
11/01/2023	Active Under Contract BRIGHT #MDMC2110932	—
10/31/2023	Temp Off Market BRIGHT #MDMC2110932	—
10/26/2023	Listed (Active) BRIGHT #MDMC2110932	$399,000
07/10/2002	Closed (Public Record) Public Record #98473490	$235,000
09/10/1999	Closed BRIGHT #MDMC421064	$129,000
08/25/1999	Pending BRIGHT #MDMC421064	—
07/23/1999	Listed (Active) BRIGHT #MDMC421064	$138,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Lanark Way

Taxable ValueLand$208,100Additions$269,300Total$477,400

Tax Record2025$5,622 ($469 / month)

Home Facts

Beds0Baths1.5Total Finished SqFt1,535 SqFtAbove Grade Finished SqFt1,035 SqFtFinished Basement SqFt500 SqFtStories1Lot Size5,963 SqFtStyleSingle Family ResidenceYear Built1951ZoningR60CountyMONTGOMERYAPN13-01107458Fireplace TypeHas Fireplace

Schools near 502 Lanark Way

This home is within Montgomery County Public Schools.


Rating	School	Type	Grades	Distance
NR	Montgomery Knolls Elementary School	Public - Serves this home	PK to 2	1.6 mi
4/10	Pine Crest Elementary School	Public - Serves this home	3 to 5	0.7 mi
6/10	Silver Spring International Middle School	Public - Serves this home	6 to 8	1.3 mi
7/10	Northwood High School	Public - Serves this home	9 to 12	1.1 mi
NR	Stephen Knolls School	Public - Choice school	PK to 12	2.0 mi
NR	Thomas Edison High School Of Technology	Public - Choice school	9 to 12	3.9 mi
NR	Community School Of Md At Northwood High School	Private - Nearby school	11 to 12	0.3 mi
NR	The Springwell School	Private - Choice school	K to 5	0.5 mi
NR	St Bernadette School	Private - Nearby school	PK to 8	0.6 mi


Rating	School	Distance
NR	Montgomery Knolls Elementary School PublicPK to 2 Serves this home	1.6 mi
4/10	Pine Crest Elementary School Public3 to 5 Serves this home	0.7 mi
6/10	Silver Spring International Middle School Public6 to 8 Serves this home	1.3 mi
7/10	Northwood High School Public9 to 12 Serves this home	1.1 mi
NR	Stephen Knolls School PublicPK to 12 Choice school	2.0 mi
NR	Thomas Edison High School Of Technology Public9 to 12 Choice school	3.9 mi
NR	Community School Of Md At Northwood High School Private11 to 12 Nearby school	0.3 mi
NR	The Springwell School PrivateK to 5 Choice school	0.5 mi
NR	St Bernadette School PrivatePK to 8 Nearby school	0.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 502 Lanark Way, Silver Spring, MD 20901	$450,000	3	2	1,735	5,963
504 Lanark Way, Silver Spring, MD 20901	$475,000	3	2	1,750	5,736
9930 Markham Street, Silver Spring, MD 20901	$655,993	3	2	1,800	6,042
9928 Markham Street, Silver Spring, MD 20901	–	–	1	1,122	5,269
9927 Grayson Avenue, Silver Spring, MD 20901	$419,000	3	2	–	5,660
9926 Markham Street, Silver Spring, MD 20901	$459,000	3	3	1,671	5,642
9925 Grayson Avenue, Silver Spring, MD 20901	$395,000	–	1	1,176	5,700
505 Lanark Way, Silver Spring, MD 20901	$480,000	3	2	1,852	5,929
10000 Markham Street, Silver Spring, MD 20901	–	–	2	1,230	5,535
9929 Markham Street, Silver Spring, MD 20901	$577,000	3	2	2,396	5,728
9931 Markham Street, Silver Spring, MD 20901	–	–	2	1,270	5,800
10000 Grayson Avenue, Silver Spring, MD 20901	–	–	2	1,388	6,409
9927 Markham Street, Silver Spring, MD 20901	$445,000	3	2	1,700	5,778
10005 Grayson Avenue, Silver Spring, MD 20901	$535,000	3	2	1,635	5,146
510 Lanark Way, Silver Spring, MD 20901	$475,000	3	3	1,461	6,185
9924 Grayson Avenue, Silver Spring, MD 20901	$435,000	3	3	–	5,400

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corner House Realty

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/06/2023 02:26 PM

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