When was property at 2429 Parallel Lane built and last sold?

The property at 2429 Parallel Lane was built in 1969 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 2429 Parallel Lane is $706,899.

What are some comparable homes to 2429 Parallel Lane?

There are currently no comparable homes to 2429 Parallel Lane.

Fairland

20904

Fairland

2429 PARALLEL LANE

Map

$699,900

↓ $50K (6.7%)

● House - For Sale

2429 PARALLEL LANE

SILVER SPRING, MD 20904

5 Beds

3 Baths, 1 Half Bath

2,693 Ft²

$4,035

Est. Monthly

About This Property

Welcome to this beautifully updated, move-in-ready home located in the desirable Fairland Estates neighborhood. Combining modern upgrades with a spacious layout, this property offers the perfect blend of comfort and luxury for multi-generational living. Fresh paint and newly finished hardwood floors run throughout the entire home. All 3.1 bathrooms have been completely and stylishly updated. A brand new deck offers the perfect space for outdoor living, grilling and entertaining. The standout feature of this property is the versatile in-law suite. This space provides maximum privacy, comfort, and independence for extended family, long-term guest, or a premium home office set-up.

Unit Size

2,693 Ft²

Days on Market

Land Size

0.37 acres

Price per sqft

$260

Property Type

House

Property Taxes

$598

HOA Dues

Year Built

1969

Listed By

Lisa Elizabeth Caponiti

[email protected]

LPT Realty, LLC

Omar Flores

[email protected]

RLAH Real Estate

Payment Calculator

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Last updated: 25 days ago (Bright MLS #MDMC2247108)

Price History

Date / Event	Date	Event
Sep 9, 2026	Price Decreased	$699,900 ↓ $50K (6.7%)
Price Decreased
Aug 12, 2026	Listed by LPT Realty, LLC	$749,900
Listed by LPT Realty, LLC

Property Highlights

Air Conditioning

Fireplace

Parking Details

Parking Features: Driveway

Interior Details

Half Bathrooms: 1

Full Bathrooms: 3

Has Fireplace

Fireplaces: 1

Basement: Other

Exterior Details

Square Footage: 2693

Square Footage Source: $0

Architectural Style: Dutch

Year Built Source: Assessor

Year Built: 1969

Levels: 2

Other Structures: Above Grade, Below Grade

Construction Materials: Frame

Patio and Porch Features: Deck

Lot Size Area: 16077

Lot Size Units: Square Feet

Lot Size Acres: 0.37

Lot Size Square Feet: 16077

Tax Lot: 4

Water Source: Public

Financial Details

Tax Assessed Value: $647,000

Tax Annual Amount: $7,177

Utilities Details

Cooling Type: Central Air

Heating Type: Heat Pump(s)

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1969

Effective Year Built: 1969
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: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 16,077

Total Building Area: 2,693
Gross Building Area: 2,693
Building Area: 2,693
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 2,693
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FAIRLAND ESTATES NEA LES ADD
Land Acres: 0000000369
Standard Land Use Code: 1001
County Land Use Code: R-C001
Legal Description 1: FAIRLAND ESTATES NEA LES ADD

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 701414

Zoning

Zoning: R200

Geography

Assessors Map Reference: KR32

Account Number: 00337706
District: 05
Parcel: 05-00337706
Block: A
Lot: 4
Latitude: 39.0809
Longitude: -76.9641

Address

Full Address: 2429 Parallel Ln

Address - House Number: 2429
Address - Street Name: Parallel
Address - Suffix Type: Ln
State: MD
City Name: Silver Spring
Carrier Code: C016
4-Digit Zip Code: 5450
Zip Code: 20904

Valuation

Tax

Tax Year: 2023

Tax Amount: $614,637
Initial Tax Delinquent Year: 2023

Appraisal Valuation

Standard Deviation: 0.1433

Valuation Date: Jan 17, 2024
Confidence Score: 82
Final Value: 642,760
High Value: 734,882
Low Value: 550,638

Market Valuation

Market Total Value: $437,000

Market Land Value: $231,900
Market Improvement Value: $205,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $437,000
Assessed Land Value: $231,900
Assessed Improvements Value: $205,100

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Fairland

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

Average Home Size

1972 ft²

Average Home Age

38.5 years

Currently For Sale

43 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,600 /mo

3 Beds
1 Bath
1,134 ft²

2922 Strauss Terrace, SILVER SPRING, MD, 20904 Listing by MOTI SHIFERAW

Unit for rent at 14741 Wexhall Terrace, BURTONSVILLE, MD, 20866

$2,600 /mo

3 Beds
3 Baths
1,820 ft²

14741 Wexhall Terrace #18190, BURTONSVILLE, MD, 20866 Listing by Joanna Chacon Molina

Unit for rent at 14931 Windmill Terrace, SILVER SPRING, MD, 20905

$4,100 /mo

4 Beds
3 Baths
1,872 ft²

14931 Windmill Terrace, SILVER SPRING, MD, 20905 Listing by Ineke M Mustamarhadi

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lisa Elizabeth Caponiti
LPT Realty, LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2247108

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