501 Copley Ln Silver Spring, MD 20904
Estimated payment $2,681/month
Highlights
- Second Kitchen
- 0.94 Acre Lot
- Rambler Architecture
- Dr. Charles R. Drew Elementary School Rated A
- Traditional Floor Plan
- 1 Fireplace
About This Home
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 Most major systems (including plumbing and electrical) are outdated and require replacement; Roof and gutters approx. 2007; Furnace/AC 1997; Appliances 2018, reinforcing the need for renovation but also offering a clean slate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.
Listing Agent
(301) 388-2600 doreen.allotey@longandfoster.com Long & Foster Real Estate, Inc. Brokerage Phone: 3013882600 License #592217 Listed on: 04/23/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,598
Year Built
- Built in 1951
Lot Details
- 41,027 Sq Ft Lot
- Property is zoned RE1
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Rambler Architecture
- Fixer Upper
- Slab Foundation
- Frame Construction
- Composition Roof
- Shingle Siding
Interior Spaces
- Property has 2 Levels
- Traditional Floor Plan
- Ceiling Fan
- 1 Fireplace
- Dining Area
- Carpet
Kitchen
- Second Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Screened Patio
Utilities
- Central Air
- Heating System Uses Oil
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Community Details
- No Home Owners Association
- Paint Branch Farms Subdivision
Listing and Financial Details
- Tax Lot P1
- Assessor Parcel Number 160500302924
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,971 | $487,233 | -- | -- |
| 2024 | $5,971 | $454,067 | -- | -- |
| 2023 | $6,247 | $420,900 | $313,600 | $107,300 |
| 2022 | $4,607 | $420,900 | $313,600 | $107,300 |
| 2021 | $4,881 | $420,900 | $313,600 | $107,300 |
| 2020 | $4,881 | $455,800 | $313,600 | $142,200 |
| 2019 | $4,666 | $439,033 | $0 | $0 |
| 2018 | $4,463 | $422,267 | $0 | $0 |
| 2017 | $4,353 | $405,500 | $0 | $0 |
| 2016 | -- | $393,967 | $0 | $0 |
| 2015 | $4,504 | $382,433 | $0 | $0 |
| 2014 | $4,504 | $370,900 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Pending | -- | -- | -- |
| 04/30/2026 04/30/26 | Off Market | $395,000 | -- | -- |
| 04/23/2026 04/23/26 | For Sale | $395,000 | -- | $218 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $136,460 | None Listed On Document | |
| Quit Claim Deed | $136,460 | None Listed On Document | |
| Deed | $330,000 | First American Title Ins Co | |
| Deed | -- | -- | |
| Deed | $355,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,250 | New Conventional | |
| Closed | $380,250 | New Conventional | |
| Previous Owner | $324,022 | FHA | |
| Previous Owner | $496,000 | New Conventional |
Source: Bright MLS
MLS Number: MDMC2228036
APN: 05-00302924
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Ask me questions while you tour the home.