Last Sold Price
3 beds1,852 sqft$259/sqft
505 Lanark Way, Silver Spring, MD 20901

Description

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.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.
LISTING CLOSED: 09/10/2013 12:00 AM

  1. Listed by John T Halpin III • RE/MAX Premiere Selections
    P: (240) 793-5404 buynow347@gmail.com

Property Details for 505 Lanark Way

Status
MLS #
1003648570
Days on Market
17
Taxes
$4,190 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Fee Simple
Year Built
1940
Lot Size
0.14 AC / 5,929 SF
Tax ID Number
161301110605
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
3+
Waterfront
No
Garage
No
Subdivision
FAIRWAY
Subdivision
FAIRWAY (MONTGOMERY MD)
Legal Subdivision
FAIRWAY
Central Air
Yes
Basement
Yes
Above Grade Finished SQFT
1,352.00
Above Grade Fin SQFT Source
Estimated
Below Grade Finished SQFT
500.00
Below Grade Fin SQFT Source
Estimated
Total Below Grade SQFT
500.00
Total Below Grade SQFT Source
Estimated
New Construction
No
Construction Completed
No

Recent comparable sales

Median sold price

$500,000

Avg days on market

27

Sale-to-list ratio

95.3%

Silver Spring, MD

9 comparable properties found

$530,000 | 10208 Carson Place, Silver Spring, MD 20901
1/35
1

$530,000

Sold 12/06/24

3
Bedrooms
2,040
Square Feet
0.13
Acres
$519,900 | 10401 Procter Street, Silver Spring, MD 20901
1/2
2

$519,900

Sold 09/22/25

3
Bedrooms
1,824
Square Feet
0.17
Acres
a front view of a house with a yard
1/36
3

$490,000

Sold 11/19/24

3
Bedrooms
1,637
Square Feet
0.11
Acres
a front view of a house with garden
1/10
4

$485,000

Sold 06/06/25

3
Bedrooms
1,751
Square Feet
0.19
Acres
a front view of a house with a yard
1/51
5

$570,000

Sold 09/05/25

3
Bedrooms
1,676
Square Feet
0.12
Acres
a front view of a house with a yard
1/27
6

$475,000

Sold 12/09/25

3
Bedrooms
1,676
Square Feet
0.13
Acres
$540,000 | 9628 Brunett Avenue, Silver Spring, MD 20901
1/17
7

$540,000

Sold 10/31/24

3
Bedrooms
1,576
Square Feet
0.14
Acres
$500,000 | 10509 Huntley Place, Silver Spring, MD 20902
1/28
8

$500,000

Sold 09/25/25

3
Bedrooms
2,070
Square Feet
0.12
Acres
$470,000 | 10812 Jewett Street, Silver Spring, MD 20902
1/26
9

$470,000

Sold 06/30/25

3
Bedrooms
1,611
Square Feet
0.12
Acres

Location

Listing Courtesy of RE/MAX Premiere Selections

Sold By Redfin Corp

Add your commute

Building Information for 505 Lanark Way

Stories-Year Built1940Building Size-Lot Size0.14 AC / 5,929 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,789 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,440

Property Taxes

$349

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 505 Lanark Way

Location
Location
  • County: MONTGOMERY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2012
  • Tax Assessed Value: $334,400
  • Year Assessed: 2013
  • County Tax: $2,796
  • Improvement Assessed Value: $141,000
  • Land Assessed Value: $193,400
  • Special Assessment Pymnt: Annually
  • Front Foot Fee: $0
  • Front Foot Fee Payment Frequency: Annually
  • Refuse Fee: $369
  • Historic: No
  • Zoning: R60
  • Tax Lot: 19
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $5,000
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Full Main Level: 0
  • # Bathrooms Half Main Level: 0
Upper Level 1
  • # Bedrooms Count Upper Level: 3
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
  • # Bathrooms Half Upper Level: 0
Upper Level 2
  • # Bedrooms Count Upper Level: 0
  • # Bathrooms Full Upper Level: 0
  • # Bathrooms Half Upper Level: 0
Lower Level 1
  • # Bedrooms Lower Level: 0
  • # Bathrooms Lower Level: 1
  • # Bathrooms Full Lower Level: 1
  • # Bathrooms Half Lower Level: 0
Lower Level 2
  • # Bedrooms Lower Level: 0
  • # Bathrooms Full Lower Level: 0
  • # Bathrooms Half Lower Level: 0
Rooms
  • Stories: Lower 1, Lower 2, Main, Upper 1, Upper 2
Building Info
Building Info
  • Total Finished SQFT: 1,852.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 1,352.00
  • Total Finished SQFT Units: Square Feet
  • Total SQFT: 1,852.00
  • Total SQFT Source: Estimated
  • Construction Materials: Brick
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Full, Improved, Side Entrance, Walkout Level, Windows, Workshop
  • Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Lower Level 1-1
  • # Bathrooms Full: 2
  • # Bathrooms Half: 0
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Lot Size Area: 5,929.00
  • Parcel ID: 14014488
Parking
Parking
  • Type Of Parking: Off Site
Interior Features
Interior Features
  • Interior Features: Dining Area, Built-Ins, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: Yes
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
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

Property History for 505 Lanark Way

DateEvent & SourcePriceAppreciation
Sep 10, 2013

Closed (Public Record)

Public Record #369394930

$480,000

+0.5% / yr

Sep 10, 2013

Closed

BRIGHT #1003648570

$480,000
Aug 16, 2013

Pending

BRIGHT #1003648570

DateEvent & SourcePrice
09/10/2013

Closed (Public Record)

Public Record #369394930

$480,000

+0.5% / yr

09/10/2013

Closed

BRIGHT #1003648570

$480,000
08/16/2013

Pending

BRIGHT #1003648570

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

Public Records for 505 Lanark Way

Taxable ValueLand-Additions-Total-
Tax Record2025$5,878 ($490 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt3,512 SqFtAbove Grade Finished SqFt2,432 SqFtFinished Basement SqFt1,080 SqFtStories2Lot Size5,929 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1940ZoningR60CountyMONTGOMERYAPN13-01110605

Schools near 505 Lanark Way

This home is within Montgomery County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Montgomery Knolls Elementary School
PublicPK to 2

Pine Crest Elementary School
Public3 to 5

Silver Spring International Middle School
Public6 to 8

Northwood High School
Public9 to 12

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.

Neighborhood Map and Transit

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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 RE/MAX Premiere Selections

© 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 02/23/2019 11:22 AM