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Sold for $700,000
  • $700,000

    15541 Baileys Ln, Silver Spring, MD 20906

    4beds
    2,252sqft
    Single Family Residence
    Built in 1979
    0.53 Acres Lot
    $700,000 Zestimate®
    $311/sqft
    $3,769 Estimated rent

    Home value

    $700,000

    $651,000 - $756,000

    $3,769/mo

    Zestimate® history
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    What's special

    Floor-to-ceiling wood-burning fireplaceBrick-front colonialNewer washer and dryerCustom cabinetryExpansive paver patioLandscaped walkwaysVaulted ceilings
    Welcome to this impressive brick-front Colonial, beautifully situated on more than half an acre in the sought-after Norbeck Hills community of Silver Spring. Offering four bedrooms, two-and-a-half bathrooms, generous living spaces, and numerous updates, this home is designed for comfortable everyday living and effortless entertaining. The main level features hardwood flooring, spacious formal living and dining rooms, and a stunning rear great-room addition with vaulted ceilings, dramatic arched windows, and a floor-to-ceiling wood-burning fireplace. The kitchen includes custom cabinetry, ample counter space, and an open flow into the breakfast area and great room. Step outside to enjoy the screened porch, expansive paver patio, landscaped walkways, and retaining walls. The large, fenced backyard provides plenty of room for entertaining, gardening, recreation, and relaxation. A powered storage shed, oversized two-car garage, and concrete driveway provide additional convenience and functionality. Major exterior improvements completed around 2017 include an architectural-shingle roof, a metal roof over the porch, replacement windows, added exterior insulation, new siding, gutters with gutter guards, and aluminum-wrapped soffits and fascia. The home’s plumbing was upgraded to PVC, and all bathrooms were completely remodeled around 2016. Additional updates include a renovated kitchen with custom cabinetry and replacement appliances, as well as a newer washer and dryer installed around 2022. Conveniently located near the ICC, major commuter routes, shopping, restaurants, schools, golf courses, parks, and recreational amenities. This spacious and extensively improved home offers exceptional indoor and outdoor living in a desirable Silver Spring location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Russell Chandler 240-988-7609,

    Redfin Corp

    Bought with:

    Eugene Sun, 15176

    Redfin Corp

    Derek Colen, 645203

    Redfin Corp

    Source: Bright MLS,MLS#: MDMC2246682MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 884
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,136
    • Total interior livable area: 2,252 sqft
    • Finished area above ground: 2,252
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Inside Entrance, Attached, On Street, Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.53 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 161301871185
    • Zoning: R200
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Norbeck Hills
    HOA
    • Has HOA: No
    Location
    • Region: Silver Spring

    Financial & listing details

    • Price per square foot: $311/sqft
    • Tax assessed value: $525,567
    • Annual tax amount: $6,335
    • Date on market: 7/23/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/21/2026Sold$700,000+0.1%$311/sqft
    Source: Bright MLS #MDMC2246682 Report a problem
    7/28/2026Pending sale$699,000$310/sqft
    Source: Bright MLS #MDMC2246682 Report a problem
    7/23/2026Listed for sale$699,000$310/sqft
    Source: Bright MLS #MDMC2246682 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$6,779 +20.1%$525,567 +7%
    2025$5,643 +2.7%$491,100 +2.9%
    2024$5,495 +2.9%$477,300 +3%
    2023$5,340 +7.6%$463,500 +3.1%
    2022$4,962 +11.5%$449,700 +11.4%
    2021$4,450 +12.8%$403,600 +12.9%
    2020$3,944 +15.9%$357,500 +14.8%
    2019$3,404 -0.2%$311,400 +0.9%
    2018$3,410 -2.6%$308,700 +0.9%
    2017$3,502 -10.4%$306,000 +0.9%
    2016$3,911 $303,300
    2015$3,911 $303,300
    2014$3,911 $303,300 -4.4%
    2013-- $317,200
    2012-- $317,200
    2011-- $317,200 -37.8%
    2010-- $510,020 +10.2%
    2009-- $462,686 +11.4%
    2008-- $415,353 +12.9%
    2007-- $368,020 +9.1%
    2006-- $337,286 +10%
    2005-- $306,553 +11.1%
    2004-- $275,820
    2003-- $275,820 +19%
    2002-- $231,866 +10.5%
    2001-- $209,890
    Find assessor info on the county website

    Neighborhood: 20906

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Flower Valley
    • Middle: Earle B. Wood
    • High: Rockville
    • District: Montgomery County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $700,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $700,000