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Pending
  • $395,000

    501 Copley Ln, Silver Spring, MD 20904

    3beds
    1,808sqft
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    Single Family Residence
    Built in 1951
    0.94 Acres Lot
    $406,700 Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Investor special with serious upside. This 3-bedroom, 2-bath home sits on nearly 0.94 acres and is primed for a full renovation. Being sold strictly “as-is,” this property offers a rare opportunity for contractors, flippers, or savvy investors looking to unlock value through a complete rehab. The home features a traditional layout ready for a modern redesign. A glassed-in back porch off the living room adds additional square footage and potential for a bright, reimagined living space. The secondary bathroom located in bedroom #3 was converted into office space but can easily be converted back to a full bathroom. The attached 2-car garage and extended parking provide added convenience. Seller has not made any repairs or updates since purchasing the property. Most major systems (including plumbing and electrical) are outdated and require replacement; Roof and gutters approx. 2007; Furnace/AC 1997; Appliances 2018, reinforcing the need for renovation but also offering a clean slate for upgrades tailored to today’s standards. The flat lot presents possibilities for expansion, outdoor enhancements, or even potential alternative uses such as assisted living, home office extension or ADU addition (subject to zoning). The possibilities are endless. Bring your vision—this is a project with strong potential in a desirable setting. 48-hour notice required for all showing appointments. Do not contact the seller or visit the property without an appointment. Property is being sold “As-Is” and the price reflects the current condition. Short Sale- all terms and conditions subject to lender approval.
    65 days
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    107
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Doreen Allotey 240-832-6176,

    Long & Foster Real Estate, Inc. 301-388-2600

    Source: Bright MLS,MLS#: MDMC2228036MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Basement
      • Area: 848
      Heating
      • Heat Pump, Oil
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
      Features
      • 2nd Kitchen, Dining Area, Floor Plan - Traditional
      • Flooring: Carpet
      • Basement: Full,Exterior Entry,Walk-Out Access
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,256
      • Total interior livable area: 1,808 sqft
      • Finished area above ground: 1,408
      • Finished area below ground: 400

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Attached, Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Screened
      • Pool features: None
      Lot
      • Size: 0.94 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 160500302924
      • Zoning: RE1
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch/Rambler
      • Property subtype: Single Family Residence
      Materials
      • Frame, Shingle Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Fixer
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Paint Branch Farms
      HOA
      • Has HOA: No
      Location
      • Region: Silver Spring

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $520,400
      • Annual tax amount: $6,598
      • Date on market: 4/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA 203(k)
      • Ownership: Fee Simple

        Estimated market value

        $406,700

        $386,000 - $427,000

        $3,073/mo

        Price history

        DateEventPrice
        5/7/2026Pending sale$395,000$218/sqft
        Source: Bright MLS #MDMC2228036 Report a problem
        4/30/2026Listing removed$395,000$218/sqft
        Source: Long & Foster Broker Feed #MDMC2228036 Report a problem
        4/23/2026Listed for sale$395,000+19.7%$218/sqft
        Source: Bright MLS #MDMC2228036 Report a problem
        7/26/2013Sold$330,000$183/sqft
        Source: Public Record Report a problem
        6/4/2013Price change$330,000+10%$183/sqft
        Source: Real Pros #MC8076736 Report a problem
        5/10/2013Listed for sale$300,000-25%$166/sqft
        Source: Real Pros #MC8076736 Report a problem
        10/16/2012Listing removed$399,950$221/sqft
        Source: Real Pros #MC7943298 Report a problem
        10/10/2012Listed for sale$399,950+12.7%$221/sqft
        Source: Real Pros #MC7943298 Report a problem
        11/19/2002Sold$355,000$196/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,598 +26.2%$487,233 +7.3%
        2024$5,227 +7.8%$454,067 +7.9%
        2023$4,850 +4.4%$420,900
        2022$4,645 +0.1%$420,900
        2021$4,640 -7.7%$420,900 -7.7%
        2020$5,028 +8%$455,800
        2019$4,656 -0.2%$455,800 +7.9%
        2018$4,665 +0.9%$422,267 +4.1%
        2017$4,621 +2.6%$405,500 +2.9%
        2016$4,504 $393,967 +3%
        2015$4,504 $382,433 +3.1%
        2014$4,504 $370,900
        2013-- $370,900
        2012-- $370,900 -17.9%
        2011-- $452,030
        2010-- $452,030
        2009-- $452,030 -11.9%
        2008-- $513,220 +16.2%
        2007-- $441,506 +19.4%
        2006-- $369,793 +24.1%
        2005-- $298,080 +13.1%
        2004-- $263,456
        2003-- $263,456 +35.7%
        2002-- $194,210
        2001-- $194,210

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 20904

          Getting around

          61 / 100
          Somewhat Walkable
          33 / 100
          Some Transit
          55 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • 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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