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1530 Murphy Ln, Silver Spring, MD, 20905

3beds
2baths
1,432sqft
$555,000
$388price/sqft
$3,714/moest. monthly cost
$148,560/yrincome needed

About This Home

Tucked away on a private road in the heart of Cloverly, 1530 Murphy Lane offers a charming park-like retreat just 1 mile to shopping and dining, near the state-of-the-art Good Hope Community Center, and a short distance to bus stops. This unique Silver Spring find features 2 or 3rd optional bedrooms and 1.5 baths with a flexible layout: the lower level includes a living room, dining room, updated kitchen, and laundry room; the upper level offers a spacious family room and a primary bedroom with ensuite half bath. Outdoor living shines with a serene koi pond, patio, two sheds, and an upper-level balcony—ideal for entertaining or quiet relaxation. Thoughtful updates include freshly painted interior and exterior, roof (approx. 1 year), HVAC (approx. 5 years), replacement windows, kitchen update (approx. 6 years), and a new well bladder (approx. 1 year). Peaceful setting, convenient location—welcome home to Cloverly.

Getting Around

6
WalkingCar-Dependent
19
TransitMinimal Transit
22
BikeSomewhat Bikeable

Schools

3/10
6/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1952

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1998

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Craftsman,Cabin/Lodge
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Down Draft,Dishwasher,Dryer,Exhaust Fan,Ice Maker,Microwave,Self Cleaning Oven,Refrigerator,Washer,Electric Water Heater
  • Laundry features: Has Laundry,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Flooring - HardWood
  • Level: Main

Family Room

  • Level: Upper

Features

  • Kitchen - Galley,Dining Area,Open Floorplan,Cathedral Ceiling(s),Dry Wall,High Ceilings
  • Window features: Casement,Screens,Skylight(s)
  • Flooring: Hardwood,Carpet,Tile/Brick
  • Number of fireplaces: 1
  • Fireplace features: Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,432

Heating & Cooling

  • Heating features: Heat Pump,Other,Electric,Propane
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,432
  • Total interior livable area: 1,432 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Features: Fireplace - Other,Flooring - HardWood
  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 160500254326
  • Zoning: RE2C
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Garden,Trees/Woods

Lot

  • Lot size: 0.30 Acres
  • Features: Backs - Parkland,Backs to Trees,Pond,Suburban

Parking

  • Parking features: Surface,Crushed Stone,Gravel,Private,Off Street,Driveway
  • 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

  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Heat Wave
Strong Wind

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 $2,806$33,672
Home Insurance *$147$1,764
Property Taxes $480$5,760
Electricity $281$3,374
Total$3,714$44,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,337/yr
40% on housing$111,420/yr
45% on housing$99,040/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

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 20905$218
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20905$236
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

DateEventPrice
2026-07-30Price change$555,000
2026-07-14Price change$565,000
2026-06-05Listed for sale$575,000
2004-10-27Sold$310,000
1996-06-28Sold$95,000

For Sale by Agent

AgentJoyce Meyerdirk-McKenzie
BrokerageUrban Brokers, LLC

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