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505 Thayer Ave, Silver Spring, MD, 20910

3beds
2baths
1,811sqft
$735,000
$406price/sqft
$4,875/moest. monthly cost
$195,000/yrincome needed

About This Home

Nestled close to downtown Silver Spring, this charming 3-bedroom, 2-bath classic brick Colonial offers an extraordinary garden that will captivate both novice and experienced gardeners alike. In ground lighting, loose laid stone terraces, meandering pathways, a stone patio edged with dwarf juniper, and a brick patio with a tranquil wall fountain create the perfect setting for putting your feet up and decompressing, alfresco meals or throwing a big party. This is a serene oasis you will want to experience everyday!. Inside, the home features beautiful hardwood floors throughout the main and upper levels. The spacious living room is anchored by a warm, wood-burning fireplace. The dining room opens through sliding glass doors to panoramic views of the fabulous garden. The kitchen offers a breakfast bar with a view of the large Japanese cedar tree, and flows seamlessly into the dining room. Upstairs you’ll find three bedrooms and a full bath. The spacious primary bedroom, which has a large closet, offers views of the front garden with its grand magnolia that blossoms with hundreds of flowers every Spring. Both of the other two bedrooms offer great views into the garden as well. The finished lower level offers a full bath and a large room with closet, ideal for guests, a home office, or workout room. The lower level has access to the attached garage. The very large closet with double sliding doors which occupies one wall of the adjacent space substantially increases the storage space available in the home. And there's still room left over to use as a comfortable space for watching movies or listening to music. Completing the property are a one-car attached garage and additional off-street driveway parking. Ideally located just moments from Downtown Silver Spring, you'll enjoy easy access to restaurants, theaters including the AFI, shopping, Metro Red Line, and the new Purple Line stop at the state-of-the-art library. Walk to Downtown Silver Spring’s music festivals, a weekly farmers market, Koiner Urban Farm and the scenic trails and green spaces of Sligo Creek Park as well as Nolte and Bullis Local Parks. Nearby is also the recently opened county rec center with gym and pool. Very convenient commuter location. Freshly painted and ready to go!

Getting Around

44
WalkingCar-Dependent
57
TransitGood Transit
71
BikeVery Bikeable

Schools

8/10
7/10

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Cooktop,Dishwasher,Disposal,Dryer,Washer,Refrigerator,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Garage Access,Partially Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Den

  • Level: Lower

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Attic,Crown Molding
  • Window features: Window Treatments
  • Flooring: Hardwood,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 500
  • Finished area above ground: 1,311

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,811
  • Total interior livable area: 1,811 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Other

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 161301051697
  • Zoning: R60
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Patio & porch: Patio
  • Exterior features: Extensive Hardscape,Lighting,Stone Retaining Walls,Water Fountains
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 7,542 sqft
  • Features: Landscaped,Premium,Vegetation Planting

Parking

  • Total spaces: 1
  • Parking features: Basement,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 $3,716$44,592
Home Insurance *$159$1,908
Property Taxes $719$8,628
Electricity $281$3,374
Total$4,875$58,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$167,142/yr
40% on housing$146,250/yr
45% on housing$130,000/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

$406This listing

vs Other Active Listings

Avg $/sqft

ZIP 20910$281
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20910$346
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
2026-07-29Listed for sale$735,000
2015-07-17Sold$550,000
2015-05-31Pending sale$568,000
2015-05-22Listed for sale$568,000
2003-09-08Sold$340,000
1996-06-20Sold$158,000

For Sale by Agent

AgentDebbie Gerald
BrokerageCompass

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