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1507 Jasper St, Silver Spring, MD, 20902

5beds
2baths
1,133sqft
$550,000
$485price/sqft
$3,828/moest. monthly cost
$153,120/yrincome needed

About This Home

Spacious 5-Bedroom Home in Prime Location Welcome to this well-kept home nestled in a well-established neighborhood, offering comfort, convenience, and plenty of space. Featuring 5 bedrooms and 2 bathrooms, this property is ideal for families or anyone seeking room to grow. This property offers a thoughtfully designed layout with ample natural light throughout, creating a warm and welcoming atmosphere. The home features spacious living areas ideal for both everyday living and entertaining, complemented by a well-appointed kitchen and comfortable bedrooms. Outside, the property provides a pleasant yard space suitable for relaxation or gatherings. Outside, the property boasts: A large driveway accommodating up to 6 cars, plus street parking. Plenty of outdoor space for entertaining, gardening, or play. The property provides a pleasant yard space suitable for relaxation or gatherings. Unmatched Location: 5 minutes or less to Forest Glen Metro, Wheaton Metro, I-495, Sligo Creek Stream Valley Park, Glen Haven Park, Holy Cross Hospital, Forest Knolls Swimming Pool, Safeway, and LA Fitness. 8 minutes or less to Trader Joe’s, Target, Costco, Sligo Creek Golf Course, Wheaton Regional Park, Brookside Gardens, Wheaton Indoor Tennis, and Wheaton Ice Rink. This home combines modern updates with unbeatable access to parks, shopping, recreation, and transit. Truly move-in ready and waiting for its next owner.

Getting Around

35
WalkingCar-Dependent
49
TransitSome Transit
51
BikeBikeable

Schools

2/10
6/10
Sligo Middle SchoolGrades 6-80.5 mi
7/10
Northwood High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Other
  • Construction materials: Block,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 300

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 300
  • Finished area above ground: 833

Heating & Cooling

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

Interior Area

  • Total structure area: 1,133
  • Total interior livable area: 1,133 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 161301221424
  • Zoning: R60
  • Special condition: Standard

Features

  • Levels: Multi/Split,Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 5,014 sqft

Parking

  • Parking features: Driveway,Off 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
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Lightning
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 $2,781$33,372
Home Insurance *$129$1,548
Property Taxes $637$7,644
Electricity $281$3,374
Total$3,828$45,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,245/yr
40% on housing$114,840/yr
45% on housing$102,080/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

$485This listing

vs Other Active Listings

Avg $/sqft

ZIP 20902$240
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20902$318
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
2026-04-30Listed for sale$599,000
2022-08-06Listing removed--
2022-07-22Listed for rent$2,950

For Sale by Agent

AgentDaniel Ungar
BrokerageFAB Realty LLC

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