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For sale
  • Price cut: $15K (8/8)
    $409,999

    506 Pickwick Village Way, Silver Spring, MD 20901

    3beds
    1,020sqft
    : 
    $2,649/mo
    Get pre-qualified
    Townhouse
    Built in 1986
    1,307 Square Feet Lot
    $407,800 Zestimate®
    $402/sqft
    $110/mo HOA

    What's special

    Natural-gas heatCentral air
    NEW PRICE — NOW $409,999! A NEW VALUE OPPORTUNITY IN SILVER SPRING. Whether you are looking for a home to personalize, an opportunity to purchase below recent nearby sales, or an investor searching for a property with strong upside potential, 506 Pickwick Village Way deserves another look. Originally offered at $425,000, this townhome has received a $15,001 price improvement, creating a significantly more compelling entry point into Silver Spring. This 3-bedroom, 2-full-bath home features 1,020 finished square feet, central air, natural-gas heat, public water, and public sewer. The new price becomes particularly noteworthy when compared to recent sales on the very same block, where two nearby properties recently closed at $425,000 and $435,000. Positioned $15,001 to $25,001 below those recent benchmarks, the revised pricing explicitly reflects the home’s current condition. For investors, this spread—combined with a high-demand 3-bed/2-bath layout—offers a clear opportunity to evaluate potential rental returns or resale value following targeted improvements. Beyond the walls of the home, the location remains one of its absolute greatest strengths. Tucked into a mature, highly connected pocket of Silver Spring, the neighborhood places incredible recreation, everyday amenities, and seamless transit options right at your doorstep. Homeowners or tenants will love being just minutes from Long Branch Local Park with its playground, tennis and basketball courts, and ball fields. The Long Branch Community Recreation Center and outdoor swimming pool add endless seasonal fun, while the scenic trails of nearby Sligo Creek Parkway offer miles of green space for walking, running, and cycling. Everyday conveniences could not be simpler. The seven-day-a-week Long Branch Library—featuring free parking and digital resources—is practically around the corner. Grocery stores, neighborhood dining, and daily shopping are steps away along the Piney Branch Road and University Boulevard corridors. When you want to step out for the evening, vibrant Downtown Silver Spring is roughly a mile away, putting premier entertainment destinations like the AFI Silver Theatre, The Fillmore, and an array of acclaimed restaurants within quick reach. Commuters will find the location exceptionally strategic. Multiple bus routes along University Boulevard and Piney Branch Road connect directly toward the Silver Spring Transit Center and the Takoma Metrorail Station (Red Line), providing effortless transit across Montgomery County and the greater D.C. region. The price has changed, but the incredible location and outstanding potential remain. Whether you plan to buy and personalize or hold as an investment, this new pricing provides a substantially different starting point. If you have looked at this home before, take another look today; if you are seeing it for the first time, schedule your private showing and explore what this Silver Spring property can become!
    55 days
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    458
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Agim 240-743-0330,

    Samson Properties 3018500255

    Source: Bright MLS,MLS#: MDMC2243600MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,020
      • Total interior livable area: 1,020 sqft
      • Finished area above ground: 1,020
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street, Off Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 1,307 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 161302474343
      • Zoning: RT12.
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Frame, Brick, Vinyl Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Pickwick Village
      HOA
      • Has HOA: Yes
      • HOA fee: $330 quarterly
      Location
      • Region: Silver Spring

      Financial & listing details

      • Price per square foot: $402/sqft
      • Tax assessed value: $331,533
      • Annual tax amount: $4,061
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,FHA,FHA 203(b),FHLMC,FMHA,FNMA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        $407,800

        $387,000 - $428,000

        $2,827/mo

        Price history

        DateEventPrice
        8/8/2026Price change$409,999-3.5%$402/sqft
        Source: Bright MLS #MDMC2243600 Report a problem
        7/1/2026Listed for sale$425,000$417/sqft
        Source: Bright MLS #MDMC2243600 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,369 -1.6%$314,467 +5.7%
        2024$3,424 +0.7%$297,400 +0.8%
        2023$3,401 +5.2%$295,167 +0.8%
        2022$3,233 +0.9%$292,933 +0.8%
        2021$3,205 +2.3%$290,700 +2.4%
        2020$3,132 +5.1%$283,933 +5%
        2019$2,982 -0.2%$270,400
        2018$2,987 +1.2%$270,400 +5.2%
        2017$2,951 +45.3%$256,967 +5.5%
        2016$2,030 $243,533 +5.8%
        2015$2,030 $230,100
        2014$2,030 $230,100
        2013-- $230,100 -0.7%
        2012-- $231,700
        2011-- $231,700
        2010-- $231,700 -30.3%
        2009-- $332,410 +15.8%
        2008-- $287,032 +18.8%
        2007-- $241,656 +23.1%
        2006-- $196,280 +13%
        2005-- $173,642 +15%
        2004-- $151,006 +17.6%
        2003-- $128,370 +2.5%
        2002-- $125,182
        2001-- $125,182
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Pickwick Village

        Getting around

        67 / 100
        Somewhat Walkable
        56 / 100
        Good Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Montgomery County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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