$628,000

Estimated payment $3,882/month

Total Views 16,138
5 Beds
2 Baths
1,596 Sq Ft
$393 Price per Sq Ft

Highlights

  • Second Kitchen
  • Rambler Architecture
  • Main Floor Bedroom
  • Wheaton High School Rated A
  • Wood Flooring
  • Furnished

About This Home

3312 Clay St, Silver Spring, MD 20902 is a beautifully remodeled ranch/rambler offering both a comfortable home and a ready-made investment opportunity. This 5-bedroom, 2-bathroom property currently thrives as an Airbnb rental, generating enough income to cover the monthly mortgage payment—a significant advantage for savvy buyers. The home will be sold fully furnished, allowing you to seamlessly continue its income-producing setup (all furnishings are included except for highchairs in the kitchen and book collections).

The thoughtfully designed layout features two bedrooms on the main level, complete with a full kitchen and bathroom. The basement offers three additional bedrooms, a second full kitchen (remodeled in 2024), and another full bathroom, making it ideal for guests, rental income, or multi-generational living. Additional highlights include a spacious living and dining room combination for entertaining, freshly painted interiors with hardwood floors, and durable vinyl windows. The main kitchen is appointed with stainless steel appliances and granite countertops, and a private backyard provides the perfect setting for gardening and relaxation. Located in a prime area near downtown Silver Spring and Wheaton, the property offers easy access to shopping, dining, and transit. Additionally, attractive financing is available with an assumable mortgage featuring a competitive interest rate from the current financier.

For buyers seeking a turnkey investment or a home with exceptional financial advantages, this property is an absolute must-see!

Listing Agent

heaven Bedada

EXP Realty, LLC License #5013288 Listed on: 05/22/2025

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1953

Lot Details

  • 7,627 Sq Ft Lot
  • South Facing Home
  • Property is zoned R60

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Dining Area
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Oven
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Side Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • East Silver Spring Elementary School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Connecticut Avenue Estates Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161301225353

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,521

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1953
  • Remarks Public: 3312 Clay St, Silver Spring, MD 20902 is a beautifully remodeled ranch/rambler offering both a comfortable home and a ready-made investment opportunity. This 5-bedroom, 2-bathroom property currently thrives as an Airbnb rental, generating enough income to cover the monthly mortgage payment—a significant advantage for savvy buyers. The home will be sold fully furnished, allowing you to seamlessly continue its income-producing setup (all furnishings are included except for highchairs in the kitchen and book collections). The thoughtfully designed layout features two bedrooms on the main level, complete with a full kitchen and bathroom. The basement offers three additional bedrooms, a second full kitchen (remodeled in 2024), and another full bathroom, making it ideal for guests, rental income, or multi-generational living. Additional highlights include a spacious living and dining room combination for entertaining, freshly painted interiors with hardwood floors, and durable vinyl windows. The main kitchen is appointed with stainless steel appliances and granite countertops, and a private backyard provides the perfect setting for gardening and relaxation. Located in a prime area near downtown Silver Spring and Wheaton, the property offers easy access to shopping, dining, and transit. Additionally, attractive financing is available with an assumable mortgage featuring a competitive interest rate from the current financier. For buyers seeking a turnkey investment or a home with exceptional financial advantages, this property is an absolute must-see!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Cooktop, Oven - Single, Refrigerator, Stove, Washer
  • Interior Amenities: 2nd Kitchen, Dining Area, Entry Level Bedroom, Pantry, Bathroom - Tub Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Sump Pump, Fully Finished, Daylight, Partial, Side Entrance, Windows, Walkout Stairs
  • Laundry Type: Basement
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1596
  • Price Per Sq Ft: 688.60
  • Above Grade Finished Sq Ft: 912
  • Below Grade Finished Sq Ft: 684
  • Below Grade Sq Ft: 228
  • Total Below Grade Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3312

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 3
  • Lower Level Bedroom: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick, Masonry
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: EAST SILVER SPRING
  • Elementary School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7627.00
  • Year Assessed: 2025
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 5521.00
  • Assessor Parcel Number: 161301225353
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1596
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,521 $465,600 $199,100 $266,500
2024 $5,521 $416,067 $0 $0
2023 $5,618 $366,533 $0 $0
2022 $3,459 $317,000 $177,100 $139,900
2021 $3,291 $307,600 $0 $0
2020 $6,303 $298,200 $0 $0
2019 $3,013 $288,800 $162,000 $126,800
2018 $2,868 $278,000 $0 $0
2017 $2,725 $267,200 $0 $0
2016 $2,374 $256,400 $0 $0
2015 $2,374 $252,567 $0 $0
2014 $2,374 $248,733 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $628,000 -6.3% $393 / Sq Ft
06/22/2025 06/22/25 Price Changed $670,000 -10.7% $420 / Sq Ft
05/22/2025 05/22/25 For Sale $750,000 +59.2% $470 / Sq Ft
03/26/2021 03/26/21 Sold $471,100 +1.1% $277 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $465,900 -0.9% $274 / Sq Ft
01/22/2021 01/22/21 For Sale $469,900 +52.1% $276 / Sq Ft
07/03/2013 07/03/13 Sold $309,000 0.0% $302 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/10/2013 05/10/13 Price Changed $309,000 0.0% $302 / Sq Ft
05/10/2013 05/10/13 For Sale $309,000 -1.9% $302 / Sq Ft
05/08/2013 05/08/13 Price Changed $315,000 +1.9% $308 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $309,000 -- $302 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $471,100 Sage Title Group Llc
Deed $309,000 Old Republic Natl Title Ins
Deed $445,000 --
Deed $445,000 --
Deed $445,000 --
Deed $445,000 --
Deed $365,500 --
Deed $365,500 --
Deed $215,000 --
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Open $462,566 FHA
Previous Owner $30,000 Credit Line Revolving
Previous Owner $235,000 New Conventional
Previous Owner $231,750 New Conventional
Previous Owner $89,000 Stand Alone Second
Previous Owner $356,000 Purchase Money Mortgage
Previous Owner $356,000 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2182410

Bright MLS

APN: 13-01225353