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3501 Forest Edge Dr

Silver Spring, MD 20906

3 bd 2 ba 1,415 sqft Built 1977 condos
Most recent sale
$250,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $250,000 MLS #MDMC2044398
Mar 31, 2022 Listed $250,000 MLS #MDMC2044398
Nov 15, 2016 Sold $217,500 MLS #1002457527
Oct 17, 2016 Listing removed $225,000 MRIS
Sep 12, 2016 Listed $225,000 MLS #1002457527
Mar 9, 1977 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $233,333 $2,068
2024 $233,333 $2,016
2023 $220,000 $1,899
2022 $210,000 $1,679
2021 $140,000 $60,000 $200,000 $1,564
2020 $186,667 $1,416
2019 $173,333 $1,267
2018 $112,000 $48,000 $160,000 $1,123
2017 $153,333 $1,080
2016 $98,000 $42,000 $140,000 $906
2015 $98,000 $42,000 $140,000 $919
2014 $140,000 $937
2012 $160,000 $1,156
2011 $160,000 $1,074
2010 $160,000 $980
2009 $275,000 $2,165
2008 $275,000 $2,032

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,415 sqft
Lot size
ZIP code
20906
City
Silver Spring
Street
Forest Edge Dr
Coordinates
39.10404, -77.07097

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,123
Gross rental yield
10.19%
Implied cap rate
6.62%
Trend-extrapolated value

Frequently asked questions

When did 3501 Forest Edge Dr last sell?
3501 Forest Edge Dr most recently sold on May 6, 2022 for $250,000.
What is the current tax assessment for 3501 Forest Edge Dr?
The most recent total assessment for 3501 Forest Edge Dr (year 2025) is $233,333 with $2,068 in property tax.
How does 3501 Forest Edge Dr's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $250,000.
When was 3501 Forest Edge Dr built?
3501 Forest Edge Dr was built in 1977.
How does 3501 Forest Edge Dr compare to others on Forest Edge Dr?
We track 8 other properties on Forest Edge Dr. Browse the list under "Other properties on Forest Edge Dr" to compare beds, baths, and sale history.
What are the property facts for 3501 Forest Edge Dr?
3501 Forest Edge Dr is a 3 bed, 2 bath, 1,415 sqft condos.
Is 3501 Forest Edge Dr a flip candidate?
No — 3501 Forest Edge Dr does not appear in our flips dataset.
Is 3501 Forest Edge Dr a tax-appeal candidate?
No — 3501 Forest Edge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$438.4K
2026 Q4
$440.9K
ZIP 20906 — Median Price History + Forecast

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