1007 Venice Dr, Silver Spring, MD, 20904
About This Home
Major Price Reduction – Incredible Opportunity! This home is priced for a quick sale, and the seller will review contracts as they are received. Act fast—homes at this price don't stay on the market for long. Schedule your showing and submit your offer today! Join us for the Open House on Saturday, July 18, and see everything this home has to offer. Stunning Fully Renovated Single-Family Home with Income Potential! Welcome to this exceptional 6-bedroom, 3 full bathroom home offering the perfect blend of modern comfort, spacious living, and outstanding investment opportunity. Completely renovated in 2019/2020, this home is essentially brand new from top to bottom — including the roof, HVAC systems, and major equipment. The main level features a bright open-concept layout with a beautifully designed gourmet kitchen, expansive living area, and an additional entertainment room ideal for gatherings, relaxing, and everyday family living. Conveniently located near I-495, ICC-200, US-29, and just minutes from the FDA campus, this property offers easy access to major commuter routes, shopping, dining, and employment centers. The fully finished basement includes 3 bedrooms, 1 full bathroom, and a separate kitchen, along with an active rental license already in place, offering an opportunity for supplemental rental income that could offset a substantial portion of your mortgage. This unique property truly delivers the best of both worlds: comfortable owner-occupied living with built-in income potential. The property is vacant; go and show. Don’t miss this rare opportunity — this home will not last long!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 1962
Materials
- Foundation: Brick/Mortar
- Roof: Asphalt
- Construction materials: Brick
Notable Dates
- Major remodel year: 2020
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Dishwasher,Disposal,Energy Efficient Appliances,Exhaust Fan,Oven/Range - Gas,Stainless Steel Appliance(s),Gas Water Heater
Basement
- Area: 1256
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Finished,Exterior Entry,Connecting Stairway
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Attic,Breakfast Area,Eat-in Kitchen,Kitchen - Gourmet,Kitchen - Table Space,Open Floorplan,Kitchen Island
- Door features: Storm Door(s)
- Window features: Double Pane Windows,Screens
- Flooring: Hardwood
- Finished area below ground: 1,256
- Finished area above ground: 1,776
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 3,032
- Total interior livable area: 3,032 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 160500334188
- Zoning: R90
- Special condition: Standard
Features
- Levels: Multi/Split,Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 9,073 sqft
Parking
- Parking features: Concrete,Driveway,On Street
- 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
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,534 | $42,408 |
| Home Insurance * | $173 | $2,076 |
| Property Taxes | $762 | $9,144 |
| Electricity | $386 | $4,635 |
| Total | $4,855 | $58,260 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $699,000 |
| 2026-06-02 | Price change | $739,000 |
| 2026-05-18 | Listed for sale | $769,000 |
| 2022-07-22 | Sold | $610,000 |
| 2022-06-25 | Pending sale | $600,000 |
| 2022-06-21 | Listed for sale | $600,000 |
| 2022-06-13 | Pending sale | $600,000 |
| 2022-06-09 | Listed for sale | $600,000 |
| 2018-06-20 | Sold | $300,100 |
| 2018-03-07 | Sold | $304,000 |
| 2018-01-22 | Listed for sale | $277,900 |
| 2004-07-20 | Sold | $360,000 |
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