$395,000

501 Copley Ln Silver Spring, MD 20904

Estimated payment $2,644/month

3 Beds
1.5 Baths
1,808 Sq Ft
$218 Price per Sq Ft

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 Most major systems- including plumbing and electrical- are outdated and require replacement; Roof and gutters approx. 1991–92; Furnace/AC 1997; Appliances 2018, reinforcing the need for renovation but also offering a clean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 a group home, 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.

Listing Agent

Doreen Allotey

(301) 388-2600 doreen.allotey@longandfoster.com Long & Foster Real Estate, Inc. Brokerage Phone: 3013882600 License #592217 Listed on: 04/23/2026

Long & Foster Real Estate, Inc.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,598

Year Built

Built in 1951

Lot Details

0.94 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1951
  • Building Winterized: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: 2nd Kitchen, Carpet, Dining Area, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Walkout Stairs
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 1808
  • Price Per Sq Ft: 280.54
  • Above Grade Finished Sq Ft: 1408
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 448
  • Total Below Grade Sq Ft: 848
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 547.72
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.94
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41027.00
  • Outdoor Living Structures: Screened
  • Property Condition: Major Rehab Needed
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6598.00
  • Assessor Parcel Number: 160500302924
  • Tax Lot: P1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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 $5,971 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $395,000 -- $218 / Sq Ft
Source: Bright MLS

Purchase History

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 --
Source: Public Records

Mortgage History

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: Public Records

Source: Bright MLS

MLS Number: MDMC2228036

Bright MLS

APN: 05-00302924

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