NOT LISTED FOR SALE

111 Lee Ave Unit 106 Takoma Park, MD 20912

Estimated Value: $310,000 - $329,519

3 Beds
2 Baths
1,423 Sq Ft
$821/mo HOA Fee

Last Sold May 02, 2023

Last sale price $294,350 $207 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,946/month

81 Days on Market

Highlights

  • Fitness Center
  • Art Deco Architecture
  • Answering Service
  • Takoma Park Elementary School Rated A-
  • Elevator
  • 4-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of May 2023

Welcome to 111 Lee Ave #106! This 3bed/2 full bath condo is the largest unit in the building and the only unit with an in-unit full sized washer/dryer. Conveniently located ground floor unit with no elevator or steps required to access (from side door). Features in the unit include gorgeous hardwood floors; open living space with tons of natural light; maple cabinets; granite countertops; stainless steel appliances; spacious bedrooms; view of the interior courtyard; and a reserved parking space at the rear of the building. The primary bedroom is versatile and can be used as a family room or home office. Takoma Condo is a super community of 46 units in an art deco building with a courtyard and fitness center-- totally rehabbed in 2006. Easy walking distance to Takoma Metro / downtown Takoma Park -- this property will not last long, check it out today!

Last Agent to Sell the Property

Lukas Iraola

(301) 455-2475 no@noaur23.com Compass Listed on: 01/30/2023

Compass

Last Buyer's Agent

Judy Cranford

(202) 471-4100 judy@cranfordassociates.com Cranford & Associates License #BR13262

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $821 Monthly HOA Fees

Home Design

  • Art Deco Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,423 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303576083

Community Details

Overview

  • Association fees include water, sewer, gas, parking fee
  • Low-Rise Condominium
  • Takoma Park Subdivision

Amenities

  • Answering Service
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,975

Year Built

Built in 1957

Lot Details

0

HOA Fees

$821 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Art Deco
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1423
  • Living Area Sq Ft: 1423
  • Price Per Sq Ft: 221.36
  • Above Grade Finished Sq Ft: 1423
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 820.81
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Answering Service, Common Grounds, Elevator, Fitness Center, Laundry Facilities, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Gas, Parking Fee
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 213500.00
  • Land Assessed Value: 91500.00
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105570
  • Tax Annual Amount: 4975.00
  • Assessor Parcel Number: 161303576083
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 2, 2023
Sold by
Lambert Leigh
Bought by
Gold Sigfried
Seller's Agent
Lukas Iraola
Compass
Buyer's Agent
Judy Cranford
Cranford & Associates
List Price
$315,000
Sold Price
$294,350
Premium/Discount to List
-$20,650
-6.56%
Views
433
Current Estimated Value
$321,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,780
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Wedgewood Ltd Ptnshp
Bought by
Lambert Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2008
Sold by
Wedgewood Ltd Ptnshp
Bought by
Lambert Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Gold Sigfried $294,350 Fidelity National Title
Gold Sigfried $294,350 Fidelity National Title
Lambert Leigh $365,000 --
Lambert Leigh $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Leigh $115,000
Previous Owner Lambert Leigh $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $294,350 -6.6% $207 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $315,000 0.0% $221 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $315,000 0.0% $221 / Sq Ft
09/15/2019 09/15/19 Rented $2,200 0.0% --
08/29/2019 08/29/19 Under Contract -- -- --
08/20/2019 08/20/19 For Rent $2,200 +4.8% --
09/01/2018 09/01/18 Rented $2,100 0.0% --
08/29/2018 08/29/18 Under Contract -- -- --
08/09/2018 08/09/18 For Rent $2,100 +5.3% --
12/14/2016 12/14/16 Rented $1,995 -4.8% --
11/11/2016 11/11/16 Under Contract -- -- --
10/01/2016 10/01/16 For Rent $2,095 +5.0% --
12/20/2013 12/20/13 Rented $1,995 -9.3% --
12/20/2013 12/20/13 Under Contract -- -- --
10/07/2013 10/07/13 For Rent $2,200 -- --
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 $5,214 $295,000 $88,500 $206,500
2024 $5,214 $305,000 $91,500 $213,500
2023 $5,188 $303,333 $0 $0
2022 $4,957 $301,667 $0 $0
2021 $4,944 $300,000 $90,000 $210,000
2020 $62 $293,333 $0 $0
2019 $4,724 $286,667 $0 $0
2018 $4,591 $280,000 $84,000 $196,000
2017 $666 $266,667 $0 $0
2016 $3,774 $253,333 $0 $0
2015 $3,774 $240,000 $0 $0
2014 $3,774 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2081196

Bright MLS

APN: 13-03576083