201 Franklin Ave Silver Spring, MD 20901
Indian Spring Neighborhood
4
Beds
2.5
Baths
2,070
Sq Ft
8,121
Sq Ft Lot
Highlights
- Colonial Architecture
- Recreation Room
- 1 Fireplace
- Highland View Elementary School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of May 2025A beautiful and stately 4 Bedroom and 2.5 Bath brick colonial in sought after Indian Spring. Lovingly cared for by the same owner for over 60 years. Over 2000 Square Feet of finished living area. and a fabulous corner lot, this 8,000 square foot, plus, lot has room to expand. Excellent curb appeal! All features have been well maintained and all major systems, i.e., the roof, HVAC, windows, and appliances, are less than 10 years old. It has a main level Master Bedroom with en-suite bath and walk-in closet. The Master Bedroom also has a skylight and houses the main level washer and dryer. There is a rarely found, main level powder room. The upper level has an exceptionally large bath and three (3) additional good-sized bedrooms. Recent updates include upgrades of the kitchen with newer stainless appliances, new countertops, and flooring, baths, freshly painted, new light fixtures throughout, new carpet in lower level, newer roof, and HVAC, and Replaced windows. Beautiful and recently polished hardwood floors. Gas fireplace. Also, a rarely found, attached garage (with new door), and access to interior of the home. Ample driveway, garage, and street parking! Inside the Beltway, it is a short walk to Sligo Creek Park, and a short drive to the METRO and MARC Trains. Downtown Silver Spring shopping amenities within a mile. The Woodmoor shopping Center, the Beltway (I-495), routes to Downtown D.C. are all close by.
Last Agent to Sell the Property
TTR Sotheby's International Realty License #17567 Listed on: 03/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,586
Year Built
- Built in 1948
Lot Details
- 8,121 Sq Ft Lot
- Corner Lot
- Property is in excellent condition
- Property is zoned R60
Parking
- 1 Car Attached Garage
- Rear-Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Bay Window
- Recreation Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Dryer
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Schools
- Highland View Elementary School
- Silver Spring International Middle School
- Northwood High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Indian Spring Subdivision
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 161301213606
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
May 22, 2025
Sold by
Ott Timothy C and Ott Kathryn M
Bought by
Lane Melissa and Lane Van Til
Seller's Agent
Chad Dudley
Compass
Buyer's Agent
Licia Galinsky
Branches Realty
List Price
$669,000
Sold Price
$675,000
Premium/Discount to List
$6,000
0.9%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$236,250
Outstanding Balance
$236,250
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$458,262
Purchase Details
Listed on
Mar 23, 2022
Closed on
Apr 29, 2022
Sold by
Gaughan Marguerite P
Bought by
Gaughan John A and Ott Kathryn M
Seller's Agent
Thomas Riley
TTR Sotheby's International Realty
Buyer's Agent
Timothy O'Boyle
Mackintosh, Inc.
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$512,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $675,000 | Kvs Title | |
| Personal Reps Deed | $640,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,250 | New Conventional | |
| Previous Owner | $512,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $675,000 | +0.9% | $326 / Sq Ft |
| 04/27/2025 04/27/25 | Pending | -- | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $669,000 | +4.5% | $323 / Sq Ft |
| 04/29/2022 04/29/22 | Sold | $640,000 | -1.5% | $309 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $650,000 | -- | $314 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,200 | $475,100 | $266,200 | $208,900 |
| 2023 | $6,784 | $467,733 | $0 | $0 |
| 2022 | $5,734 | $460,367 | $0 | $0 |
| 2021 | $5,586 | $453,000 | $266,200 | $186,800 |
| 2020 | $5,389 | $438,267 | $0 | $0 |
| 2019 | $521 | $423,533 | $0 | $0 |
| 2018 | $4,516 | $408,800 | $266,200 | $142,600 |
| 2017 | $4,491 | $393,867 | $0 | $0 |
| 2016 | -- | $378,933 | $0 | $0 |
| 2015 | $3,966 | $364,000 | $0 | $0 |
| 2014 | $3,966 | $364,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Chad Dudley
Compass
-
L
Buyer's Agent in 2025
Licia Galinsky
Branches Realty
-
T
Seller's Agent in 2022
Thomas Riley
TTR Sotheby's International Realty
-
T
Buyer's Agent in 2022
Timothy O'Boyle
Mackintosh, Inc.
Map
Source: Bright MLS
MLS Number: MDMC2041580
APN: 13-01213606
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