See Home Value
$699,000
● House - Off Market

2445 PARALLEL LANE

SILVER SPRING, MD 20904
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,060 Ft²
$3,814
Est. Monthly
7.93%
Cap Rate

About This Property

Discover the charm of this stunning Colonial home nestled in the hidden gem neighborhood of Fairland Estates. This residence boasts a perfect blend of modern elegance and classic comfort. Spanning 3075 sq. ft. , this home features five spacious bedrooms and three and a half bathrooms, ensuring ample space for relaxation and entertainment. Step inside to find exquisite hardwood flooring throughout, complemented by crown moldings and recessed lighting that create an inviting atmosphere. The gourmet kitchen is a chef's dream, equipped with stainless steel appliances (2021), upgraded countertops, and a cozy breakfast area. The family room, conveniently located off the kitchen, is perfect for gatherings, while the formal dining room sets the stage for memorable dinners. Enjoy cozy evenings by the fireplace, featuring elegant glass doors and a brick surround. Conveniently, the laundry is also located on the main level. Upstairs, you'll find four generously sized bedrooms complete with a primary en suite with a walk in closet. The finished basement offers additional living space with its own kitchenette, bedroom, full bath and walkout entrance.  Outside, the extensive hardscape and beautifully landscaped yard provide a serene retreat. Relax on the deck or patio, or take a dip in your personal heated in-ground pool that is up to 9 feet deep. The cul-de-sac location ensures privacy and tranquility, while the paved driveway and attached carport offer convenient parking. Updates include HVAC (2025), Pool Heater (2020), Expanded Pool Patio (2019), Siding (2018), Windows (2017) Roof, Gutters, Generator hook up and more! For those looking for a great investment, the home has been successfully rented in the past or just rent out the ready lower level. Even the pool itself has been popular for parties and events being separately rented out on Swimply. Commuting is easy with quick access to routes 29, 200 and New Hampshire Ave. Local shopping is minutes away from either the expanded Burtonsville Crossing center or the Colesville center. Don't miss the opportunity to make this exceptional property your own!
Unit Size
3,060 Ft²
Days on Market
43 days
Land Size
0.36 acres
Price per sqft
$228
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1970

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Last updated: 2 years ago (Bright MLS #MDMC2182268)

Price History

Date / Event Date Event Price
Jul 11, 2025 Sold
Sold
May 31, 2025 In contract -
In contract
May 22, 2025 Listed by Long & Foster Real Estate, Inc. $699,000
Listed by Long & Foster Real Estate, Inc.
Apr 17, 2021 No longer available -
No longer available
Mar 18, 2021 Listed $640,000
Listed
Double front doors and gleaming hardwood floors welcome you to this well maintained colonial. Updated kitchen has recessed lights, granite countertops, stainless-steel appliances, and gas stove/oven which adjoins the spacious dining room that overlooks the backyard. Main level includes family room, flex room, brick fireplace, powder room, and mudroom/laundry room that leads out to the carport. Upper level has hardwood floors throughout. Master has walk in closet with closet system, and ensuite bath. Three additional spacious bedrooms, full bath, and two linen closets finish out the top level. Finished walkout basement has full kitchen with granite countertops, two additional bedrooms, and full bath. Perfect for in-laws or overnight guests! Fenced backyard is an absolute oasis with freshly painted deck that overlooks well maintained in-ground pool, hot tub, playset, trampoline, and mature trees to provide shade. Siding, fence, deck, and pool deck have been pressured washed. Roof and siding less than 5 years old. Updated windows. Additional features: back-up generator hook up, maintenance free gutters (Thompson Creek), smart home features, hot water & filtered water dispenser in kitchen, and water softener. Don’t miss this opportunity to own this lovely house located in a quiet cul-de-sac in the sought after HOA-free Fairland heights neighborhood. The manager has listed the unit size as 3060 square feet.
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Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Area: 802
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 15,701
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,874
  • 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: 0000000360
  • 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: 00337273
  • District: 05
  • Parcel: 05-00337273
  • Block: A
  • Lot: 8
  • Latitude: 39.0795
  • Longitude: -76.9641

    Address

  • Full Address: 2445 Parallel Ln
  • Address - House Number: 2445
  • 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: $489,645

    Appraisal Valuation

  • Standard Deviation: 0.15
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 655,831
  • High Value: 754,220
  • Low Value: 557,443

    Market Valuation

  • Market Total Value: $437,700
  • Market Land Value: $230,900
  • Market Improvement Value: $206,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,700
  • Assessed Land Value: $230,900
  • Assessed Improvements Value: $206,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2010
  • Current Sale Recording Date: Dec 27, 2010
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 198173
  • Previous Sale Recording Date: Jul 13, 2005
  • Previous Sale Amount: $586,000
  • 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 Fairland


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2924 Gracefield Road, SILVER SPRING, MD, 20904

$4,900 /mo

  • 5 Beds
  • 3 Baths
  • 2,070 ft²
2924 Gracefield Road, SILVER SPRING, MD, 20904 Listing by Arshia Kia


Frequently Asked Questions

When was property at 2445 Parallel Lane built and last sold?
The property at 2445 Parallel Lane was built in 1970 and last sold on Dec 27, 2010 for $395,000.
How much is this home worth?
The estimated value of the home located at 2445 Parallel Lane is $0.
What are some comparable homes to 2445 Parallel Lane?
There are currently no comparable homes to 2445 Parallel Lane.