See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3131 Homewood Pkwy, Kensington, MD, 20895

3beds
2baths
1,672sqft
$575,000
$344price/sqft
$3,780/moest. monthly cost
$151,200/yrincome needed

About This Home

OFFER DEADLINE: 4 PM SATURDAY< AUGUST 8TH $50,000 PRICE REDUCTION. Absolutely the closest to perfection you will find - home and neighborhood, with lots of love and tender loving care. Homewood Parkway is located opposite green space filled with trees making this almost a green forest with expansive backyard fully fenced, perfect for entertaining family and friends, gardening, pets or play with a delightful screened porch. Location is everything and this home delivers. There is easy access to Metro and the renowned Strathmore and vibrant shopping and restaurants in Kensington or nearby Pike & Rose. This is an exceptional property owned by one owner for over 40 years offering charm and lots of tender loving care filled with quality appliances throughout, fresh paint, and space for exercising in lower level with full bath and easy access to the garage. The main level offers exceptional flow and functionality starting with the large bay window in the living room with a fireplace complete with bookshelves. The large window in the dining area and kitchen which gives you a sense of brightness each morning. Plenty of counterspace in the updated kitchen with quality cabinetry and a pantry. All showing will have to be by appointment with at least 2 hours notice, if possible.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
7/10

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Garage Access,Heated

Bedrooms & Bathrooms

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

Family Room

  • Level: Lower

Features

  • Plaster Walls
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 472
  • Finished area above ground: 1,200

Heating & Cooling

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

Interior Area

  • Total structure area: 3,445
  • Total interior livable area: 1,672 sqft

Property

Accessibility

  • Accessibility features: Stair Lift

Details

  • Parcel number: 161301207764
  • Zoning: R60
  • Zoning description: Res
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 9,420 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Front,Concrete,Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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 $2,907$34,884
Home Insurance *$119$1,428
Property Taxes $473$5,676
Electricity $281$3,374
Total$3,780$45,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,600/yr
40% on housing$113,400/yr
45% on housing$100,800/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

$344This listing

vs Other Active Listings

Avg $/sqft

ZIP 20895$343
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20895$385
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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$575,000
2026-08-09Contingent$575,000
2026-08-04Price change$575,000
2026-07-19Listed for sale$625,000
1979-09-10Sold$75,000

For Sale by Agent

AgentNancy Ricks
BrokerageRealty Pros

Similar Homes