See Home Value
$700,000
● House - Off Market

15541 BAILEYS LANE

SILVER SPRING, MD 20906
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,252 Ft²
$3,961
Est. Monthly

About This Property

Welcome to this impressive brick-front Colonial, beautifully situated on more than half an acre in the sought-after Norbeck Hills community of Silver Spring. Offering four bedrooms, two-and-a-half bathrooms, generous living spaces, and numerous updates, this home is designed for comfortable everyday living and effortless entertaining.

The main level features hardwood flooring, spacious formal living and dining rooms, and a stunning rear great-room addition with vaulted ceilings, dramatic arched windows, and a floor-to-ceiling wood-burning fireplace. The kitchen includes custom cabinetry, ample counter space, and an open flow into the breakfast area and great room.

Step outside to enjoy the screened porch, expansive paver patio, landscaped walkways, and retaining walls. The large, fenced backyard provides plenty of room for entertaining, gardening, recreation, and relaxation. A powered storage shed, oversized two-car garage, and concrete driveway provide additional convenience and functionality.

Major exterior improvements completed around 2017 include an architectural-shingle roof, a metal roof over the porch, replacement windows, added exterior insulation, new siding, gutters with gutter guards, and aluminum-wrapped soffits and fascia. The home's plumbing was upgraded to PVC, and all bathrooms were completely remodeled around 2016. Additional updates include a renovated kitchen with custom cabinetry and replacement appliances, as well as a newer washer and dryer installed around 2022.

Conveniently located near the ICC, major commuter routes, shopping, restaurants, schools, golf courses, parks, and recreational amenities. This spacious and extensively improved home offers exceptional indoor and outdoor living in a desirable Silver Spring location.
Unit Size
2,252 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$310
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1979

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Last updated: 2 months ago (Bright MLS #MDMC2246682)

Price History

Date / Event Date Event Price
Aug 21, 2026 Sold
Sold
Jul 29, 2026 In contract -
In contract
Jul 23, 2026 Listed by Redfin Corp $699,000
Listed by Redfin Corp

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,065
  • Total Building Area: 2,252
  • Gross Building Area: 2,252
  • Building Area: 2,252
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,252
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORBECK HILLS
  • Land Acres: 0000000529
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: EQ 70020 NORBECK HIL LS

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703220

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: HS52
  • Account Number: 01871185
  • District: 13
  • Parcel: 13-01871185
  • Lot: 4
  • Latitude: 39.112
  • Longitude: -77.064

    Address

  • Full Address: 15541 Baileys Ln
  • Address - House Number: 15541
  • Address - Street Name: Baileys
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C086
  • 4-Digit Zip Code: 1342
  • Zip Code: 20906

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $440,892

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 660,979
  • High Value: 756,859
  • Low Value: 565,100

    Market Valuation

  • Market Total Value: $491,100
  • Market Land Value: $181,900
  • Market Improvement Value: $309,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jan 29, 2004
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 295501
  • Previous Sale Recording Date: Jan 29, 2004
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Aspen Hill


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Frequently Asked Questions

When was property at 15541 Baileys Lane built and last sold?
The property at 15541 Baileys Lane was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15541 Baileys Lane is $702,029.
What are some comparable homes to 15541 Baileys Lane?
There are currently no comparable homes to 15541 Baileys Lane.

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