NOT LISTED FOR SALE

503 Lanark Way Silver Spring, MD 20901

South Four Corners Neighborhood

Estimated Value: $647,171 - $707,000

4 Beds
2 Baths
1,898 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $575,000 $303 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,068/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Montgomery Knolls Elementary School Rated A
  • Solid Hardwood Flooring
  • 2-minute walk to South Four Corners Park

About This Home

As of September 2022

THE ONE YOU'VE BEEN SEARCHING FOR! MUST SEE - thoughtful modern updates marry tasteful Charm of this Cape Cod home! Well maintained : new roof 2019, double pane windows, updated HVAC system, chimney liner replaced, chimney cap, gleaming true hardwood floors, crown molding, grand fireplace and beautiful mantel, freshly painted, new flooring in basement. The home has unique features such as the sun drenched office/den off the formal living room, the just finished upper level space, the large family room and the generous bedroom in the basement (great for an older child/ au pair/ guests) has a private entrance. EXCELLENTLY LOCATED in sought after Four Corners, Silver Spring with walkable amenities: fine dining, schools and recreation. EASY ACCESS to 495, Sligo Trail, green parks, downtown Silver Spring, Forest Glen Metro, Holy Cross Hospital. Nice thing about this neighborhood is that its a TRUE neighborhood with tree lined streets, summer block parties and more. Come see this home today!

Last Agent to Sell the Property

Sally Croarkin

(240) 620-4338 sallybubba1@gmail.com Keller Williams Capital Properties License #SP200204085 Listed on: 09/18/2022

Keller Williams Capital Properties

Last Buyer's Agent

James Miranda

(240) 917-9216 james.miranda@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,583

Year Built

  • Built in 1940

Lot Details

  • 5,806 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R60

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • Family Room
  • Living Room
  • Den
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Solid Hardwood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Cedar Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Four Corners Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161301109845

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,583

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: THE ONE YOU'VE BEEN SEARCHING FOR! MUST SEE - thoughtful modern updates marry tasteful Charm of this Cape Cod home! Well maintained : new roof 2019, double pane windows, updated HVAC system, chimney liner replaced, chimney cap, gleaming true hardwood floors, crown molding, grand fireplace and beautiful mantel, freshly painted, new flooring in basement. The home has unique features such as the sun drenched office/den off the formal living room, the just finished upper level space, the large family room and the generous bedroom in the basement (great for an older child/ au pair/ guests) has a private entrance. EXCELLENTLY LOCATED in sought after Four Corners, Silver Spring with walkable amenities: fine dining, schools and recreation. EASY ACCESS to 495, Sligo Trail, green parks, downtown Silver Spring, Forest Glen Metro, Holy Cross Hospital. Nice thing about this neighborhood is that its a TRUE neighborhood with tree lined streets, summer block parties and more. Come see this home today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Refrigerator, Washer
  • Flooring Type: Solid Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Butlers Pantry, Kitchen - Eat-In, Crown Moldings, Floor Plan - Traditional, Cedar Closet(s), Entry Level Bedroom, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Office, Storage Room, Attic, Full Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Outside Entrance, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1898
  • Living Area Sq Ft: 1898
  • Price Per Sq Ft: 393.77
  • Above Grade Finished Sq Ft: 1445
  • Below Grade Finished Sq Ft: 453
  • Total Below Grade Sq Ft: 453
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt, Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 478.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5806.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5583.00
  • Assessor Parcel Number: 161301109845
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Sep 30, 2022
Sold by
Urbanski Andrew
Bought by
Barnwell-Conway Pascha and Daw Maurine
Seller's Agent
Sally Croarkin
Keller Williams Capital Properties
Buyer's Agent
James Miranda
Berkshire Hathaway HomeServices PenFed Realty
List Price
$569,000
Sold Price
$575,000
Premium/Discount to List
$6,000
1.05%
Views
2
Current Estimated Value
$664,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,043
Avg. Annual Appreciation
5.19%
Original Mortgage
$431,250
Outstanding Balance
$415,470
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$253,792

Purchase Details

Listed on
Oct 12, 2012
Closed on
May 14, 2013
Sold by
Costello Timothy John and Costello Gladys L
Bought by
Urbanski Andrew and Urbankski Nicole
Seller's Agent
Maureen Weaver
Compass
Buyer's Agent
Patrick Kilner
Real Broker, LLC
List Price
$475,000
Sold Price
$442,500
Premium/Discount to List
-$32,500
-6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$426,680
Interest Rate
3.45%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnwell-Conway Pascha $575,000 Gpn Title
Urbanski Andrew $442,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnwell-Conway Pascha $431,250
Previous Owner Urbanski Andrew $426,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $575,000 +1.1% $303 / Sq Ft
09/18/2022 09/18/22 For Sale $569,000 -1.0% $300 / Sq Ft
09/18/2022 09/18/22 Off Market $575,000 -- --
05/14/2013 05/14/13 Sold $442,500 -1.6% $306 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
01/17/2013 01/17/13 Price Changed $449,900 -2.2% $311 / Sq Ft
11/02/2012 11/02/12 Price Changed $460,000 -3.2% $318 / Sq Ft
10/12/2012 10/12/12 For Sale $475,000 -- $329 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $6,572 $543,900 $207,500 $336,400
2024 $6,572 $513,300 $0 $0
2023 $5,510 $482,700 $0 $0
2022 $4,891 $452,100 $207,500 $244,600
2021 $4,581 $442,367 $0 $0
2020 $4,453 $432,633 $0 $0
2019 $4,000 $422,900 $192,800 $230,100
2018 $4,417 $422,900 $192,800 $230,100
2017 $4,041 $422,900 $0 $0
2016 -- $427,400 $0 $0
2015 $3,096 $389,033 $0 $0
2014 $3,096 $350,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Croarkin

    Seller's Agent in 2022

    Sally Croarkin

    Keller Williams Capital Properties

    (240) 620-4338

    1 in this area

    30 Total Sales

    Sally Croarkin
    Section Image
  • James Miranda

    Buyer's Agent in 2022

    James Miranda

    BHHS PenFed (actual)

    (240) 917-9216

    1 in this area

    8 Total Sales

    James Miranda
    Section Image
  • Maureen Weaver

    Seller's Agent in 2013

    Maureen Weaver

    Compass

    (301) 357-0272

    3 in this area

    85 Total Sales

    Maureen Weaver
    Section Image
  • Patrick Kilner

    Buyer's Agent in 2013

    Patrick Kilner

    Real Broker, LLC

    (301) 652-0643

    14 Total Sales

    Patrick Kilner
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2069648

Bright MLS

APN: 13-01109845

Maryland Montgomery County Silver Spring 20901 South Four Corners

503 Lanark Way, Silver Spring, MD

This home is located at 503 Lanark Way, Silver Spring, MD 20901 since 18 September 2022 and is currently estimated at $664,043, approximately $349 per square foot. This property was built in 1940. 503 Lanark Way is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Silver Spring International Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes