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3502 Woodlake Dr Unit 38, Silver Spring, MD, 20904

3beds
4baths
1,520sqft
$459,000
$302price/sqft
$3,040/moest. monthly cost
$121,600/yrincome needed

About This Home

Cash or 20% Down Conventional Loan Buyer. The Price is Right! Seller is ready for a Quick Settlement. This 3 level, 3 bedroom home has 2 Full and 2 Half baths, 2 Car Garage and is move-in ready! Built by Beazer Homes, a leading national homebuilder committed to building high-quality, energy-efficient designs with care. At the core of every beautiful Beazer home are energy-efficient systems that do more than reduce utility bills. This home gives easy access to MD-200, I-495 and I-95 and yet is quietly situated in a courtyard with trees and outdoor seating. Water is included in the HOA/Condo Fee. Bring your buyers and your offers. Seller will be presented all offers. $300.68 includes the condo and the HOA Fee.

Getting Around

39
WalkingCar-Dependent
45
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2014

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Property

Parking

  • Total spaces: 2
  • Parking features: Built In,Attached,Driveway,Parking Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,320$27,840
Home Insurance *$114$1,368
Property Taxes $325$3,900
Electricity $281$3,374
Total$3,040$36,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,228/yr
40% on housing$91,200/yr
45% on housing$81,066/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 20904$210
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20904$253
Montgomery County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentPriscilla Thomas-Jews
BrokerageSignature Real Estate Associates

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