NOT LISTED FOR SALE

111 Lee Ave Unit 105 Takoma Park, MD 20912

Estimated Value: $166,000 - $226,000

1 Bed
1 Bath
737 Sq Ft
$350/mo HOA Fee

Last Sold June 12, 2019

Last sale price $160,000 $217 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,546/month

12 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Main Floor Bedroom
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of June 2019

Welcome to the Takoma! This one bedroom, one bath unit is located on the 1st floor. Great open floor plan. Kitchen has stainless steel appliances, granite counter tops and tile floors. Large picture window in living/dining area provides great natural light and overlooks the courtyard. Wood flooring throughout living/dining area, hallway and bedroom. Plenty of storage with 2 walk-in closets. Located 1 mile from Metro rail and bus service.

Last Agent to Sell the Property

June McMahon

(240) 372-9316 june@oldlineproperties.com Old Line Properties, LLC Listed on: 05/02/2019

Co-Listed By

Renee Estrada

(301) 646-7579 reneemestrada@gmail.com Old Line Properties, LLC

Last Buyer's Agent

Lisa Stamper

(443) 618-2935 lstamper405@gmail.com Keller Williams Flagship License #670945

Keller Williams Flagship

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,643

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 737 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 161303576072

Community Details

Overview

  • Association fees include heat, lawn maintenance, sewer, water, trash, insurance
  • $100 Other One-Time Fees
  • Low-Rise Condominium
  • The Takoma Condos, Phone Number (301) 468-8919
  • The Takoma Community
  • Takoma Park Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,643

Year Built

Built in 1957

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Stove, microwave, refrigerator, dishwasher, window a/c units
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Elevator, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Galley, Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 737
  • Living Area Sq Ft: 737
  • Price Per Sq Ft: 217.10
  • Above Grade Finished Sq Ft: 737
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 350.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Takoma
  • Condo Co-Op Phone: 301-468-8919
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities, Exercise Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Heat, Lawn Maintenance, Sewer, Water, Trash, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 100.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105568
  • Tax Annual Amount: 2643.00
  • Assessor Parcel Number: 161303576072
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 12, 2019
Sold by
Matheis Stephan M
Bought by
Zeineddin Ahmad and Zeineddin Suhail
Seller's Agent
June McMahon
Old Line Properties, LLC
Buyer's Agent
Lisa Stamper
Keller Williams Flagship
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$183,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,618
Avg. Annual Appreciation
2.15%
Original Mortgage
$152,000
Outstanding Balance
$133,100
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$50,518

Purchase Details

Closed on
May 11, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Matheis Sephan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Matheis Sephan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zeineddin Ahmad $160,000 Charter Title Llc
Matheis Sephan M $242,900 --
Matheis Sephan M $242,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeineddin Ahmad $152,000
Previous Owner Matheis Sephan M $242,900
Previous Owner Matheis Sephan M $242,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $160,000 0.0% $217 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $160,000 -- $217 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,745 $161,667 -- --
2024 $2,745 $160,000 $48,000 $112,000
2023 $3,437 $160,000 $48,000 $112,000
2022 $1,955 $160,000 $48,000 $112,000
2021 $1,953 $160,000 $48,000 $112,000
2020 $1,953 $160,000 $48,000 $112,000
2019 $1,165 $160,000 $48,000 $112,000
2018 $2,265 $180,000 $54,000 $126,000
2017 $2,182 $173,333 $0 $0
2016 -- $166,667 $0 $0
2015 $2,291 $160,000 $0 $0
2014 $2,291 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC656312

Bright MLS

APN: 13-03576072