2704 Martello Dr Silver Spring, MD 20904
Estimated payment $7,388/month
Highlights
- 24-Hour Security
- Colonial Architecture
- Backs to Trees or Woods
- James Hubert Blake High School Rated A
- Two Story Ceilings
- Wood Flooring
About This Home
A rare, move-in-ready opportunity that seamlessly blends lifestyle and income potential! This beautifully maintained home features a Montgomery County–authorized basement registered as a school, creating an instant, income-producing setup for buyers looking to operate a daycare, preschool, tutoring center, learning pod, after-school program, or private instruction space—with county approval already in place. The home offers exceptional livability with a main-level owner’s suite featuring a walk-in closet and full en-suite bathroom, while every bedroom includes its own private bathroom—providing unmatched convenience and privacy. The property shines with fresh wall-to-wall paint, modern recessed lighting complemented by elegant cabinet lighting, and a fairly recently replaced HVAC system, offering comfort, efficiency, and peace of mind. Whether you’re an owner-occupant entrepreneur, investor, or educator seeking a turnkey solution, this property delivers flexibility, functionality, and immediate upside—all in a prime Silver Spring location. Opportunities like this don’t come often!
Listing Agent
(410) 255-3690 Msabir4008@gmail.com Douglas Realty, LLC Brokerage Phone: 4102553690 Listed on: 01/01/2026
Co-Listing Agent
(410) 255-3690 rob@godouglasrealty.com Douglas Realty, LLC Brokerage Phone: 4102553690 License #0653933
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,194
Year Built
- Built in 2012
Lot Details
- 0.54 Acre Lot
- Stone Retaining Walls
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned R200
Parking
- 3 Car Direct Access Garage
- Electric Vehicle Home Charger
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
- Fenced Parking
Home Design
- Colonial Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- Two Story Ceilings
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- ENERGY STAR Qualified Windows
- ENERGY STAR Qualified Doors
- Basement
Kitchen
- Electric Oven or Range
- Built-In Range
- Built-In Microwave
- Freezer
- Ice Maker
- Dishwasher
- Trash Compactor
- Compactor
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Home Security
- Intercom
- Fire and Smoke Detector
Outdoor Features
- Patio
- Playground
Schools
- Fairland Elementary School
- Benjamin Banneker Middle School
- Paint Branch High School
Utilities
- Heating Available
- Water Heater
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 160502542766
Community Details
Overview
- No Home Owners Association
- Colesville Outside Subdivision
Security
- 24-Hour Security
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $12,929 | $1,161,000 | -- | -- |
| 2024 | $12,929 | $1,060,500 | $0 | $0 |
| 2023 | $11,040 | $960,000 | $237,400 | $722,600 |
| 2022 | $10,070 | $916,667 | $0 | $0 |
| 2021 | $9,010 | $873,333 | $0 | $0 |
| 2020 | $9,010 | $830,000 | $237,400 | $592,600 |
| 2019 | $8,986 | $830,000 | $237,400 | $592,600 |
| 2018 | $9,687 | $830,000 | $237,400 | $592,600 |
| 2017 | $9,855 | $830,000 | $0 | $0 |
| 2016 | -- | $809,533 | $0 | $0 |
| 2015 | $3,130 | $829,333 | $0 | $0 |
| 2014 | $3,130 | $768,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Price Changed | $1,195,000 | -3.2% | $167 / Sq Ft | |
| 01/28/2026 01/28/26 | Price Changed | $1,235,000 | -1.2% | $173 / Sq Ft | |
| 01/01/2026 01/01/26 | For Sale | $1,250,000 | +177.8% | $175 / Sq Ft | |
| 03/26/2014 03/26/14 | Sold | $450,000 | 0.0% | -- | View Prior Sale |
| 02/05/2014 02/05/14 | Pending | -- | -- | -- | |
| 02/05/2014 02/05/14 | For Sale | $450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Avance Title Llc | |
| Interfamily Deed Transfer | -- | Continental Title Group | |
| Interfamily Deed Transfer | -- | Pinnacle Title & Escrow Inc | |
| Deed | $450,000 | Chicago Title Insurance Co | |
| Deed | $265,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,658 | FHA | |
| Closed | $441,849 | FHA |
Source: Bright MLS
MLS Number: MDMC2210748
APN: 05-02542766
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