When was property at 408 East Melbourne Avenue built and last sold?

The property at 408 East Melbourne Avenue was built in 1942 and last sold on Sep 29, 2023 for $415,000.

How much is this home worth?

The estimated value of the home located at 408 East Melbourne Avenue is $0.

What are some comparable homes to 408 East Melbourne Avenue?

There are currently no comparable homes to 408 East Melbourne Avenue.

Silver Spring

20901

Silver Spring

408 E MELBOURNE AVE

$415,000

● House - Off Market

408 E MELBOURNE AVE

SILVER SPRING, MD 20901

2 Beds

1 Bath

816 Ft²

$428,849

RealtyHop Estimate

-0.04%

Since Nov 1, 2023

DC-Washington

Primary Model

About This Property

Welcome to 408 E Melbourne Ave at Indian Spring Park! Cozy bungalow situated on a lovely lot. Loads of potential here! 2 Bedrooms separated by the full bath. Nice living room and separate dining room. Walk out lower level with laundry area. The lower level has 2 separate rooms with windows - family room, office, home gym, storage, sky is the limit. The back yard is partially fenced. Close to major commuter routes, shopping, and dining!

Unit Size

816 Ft²

Days on Market

Land Size

0.15 acres

Price per sqft

$526

Property Type

House

Property Taxes

$351

HOA Dues

Year Built

1942

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #MDMC2104648)

Price History

Date / Event	Date	Event
Oct 16, 2023	Sold	Premium
Sold
Sep 1, 2023	Listed by Berkshire Hathaway HomeServices PenFed Realty	$429,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Jun 21, 2012	Sold	Premium
Sold
Dec 15, 1994	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1942

Effective Year Built: 1942
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
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: 100
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 300
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,627

Total Building Area: 816
Gross Building Area: 816
Building Area: 816
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 0

Heating: 13
Heated Square Feet: 1,116
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: INDIAN SPRING PARK
Land Acres: 0000000152
Standard Land Use Code: 1001
County Land Use Code: R-A001
Legal Description 1: INDIAN SPRING PARK SEC 2

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 702200

Zoning

Zoning: R60

Geography

Assessors Map Reference: JP51

Account Number: 01014126
District: 13
Section: 2
Parcel: 13-01014126
Block: 15
Lot: 17
Latitude: 39.0094
Longitude: -77.0013

Address

Full Address: 408 E Melbourne Ave

Address - House Number: 408
Street Direction: E
Address - Street Name: Melbourne
Address - Suffix Type: Ave
State: MD
City Name: Silver Spring
Carrier Code: C010
4-Digit Zip Code: 3626
Zip Code: 20901

Valuation

Tax

Tax Year: 2023

Tax Amount: $441,962

Appraisal Valuation

Standard Deviation: 0.158

Valuation Date: Mar 27, 2024
Confidence Score: 80
Final Value: 432,725
High Value: 501,103
Low Value: 364,348

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $329,900

Market Land Value: $233,400
Market Improvement Value: $96,500

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $329,900
Assessed Land Value: $233,400
Assessed Improvements Value: $96,500

Sales

Current Sale Contract Date: Sep 29, 2023

Current Sale Recording Date: Oct 16, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jun 21, 2012
Previous Sale Contract Date: May 31, 2012
Previous Sale Amount: $288,000
Previous Sale Document Type: 68

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

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Comparables

About Silver Spring

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$352

Below Asking

0.02%

Average Days on Market

Average Home Size

1683 ft²

Average Home Age

66 years

Currently For Sale

130 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

Unit for rent at 930 Wayne Avenue, SILVER SPRING, MD, 20910

$2,100 /mo

1 Bed
1 Bath
804 ft²

930 Wayne Avenue #1401, SILVER SPRING, MD, 20910 Listing by Marcia U Jackson

Unit for rent at 95 E Wayne Avenue, SILVER SPRING, MD, 20901

$2,100 /mo

2 Beds
1 Bath
990 ft²

95 E Wayne Avenue #209, SILVER SPRING, MD, 20901 Listing by Anna Rubio

Unit for rent at 807 Houston Avenue, TAKOMA PARK, MD, 20912

$2,100 /mo

2 Beds
2 Baths
2,224 ft²

807 Houston Avenue #3, TAKOMA PARK, MD, 20912 Listing by Leif Eric Colon

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Karen Thompson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2104648

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

408 E MELBOURNE AVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Silver Spring

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions