NOT LISTED FOR SALE

111 Lee Ave Unit 109 Takoma Park, MD 20912

Estimated Value: $278,000 - $373,000

3 Beds
1 Bath
1,213 Sq Ft
$588/mo HOA Fee

Last Sold September 03, 2021

Last sale price $305,000 $251 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,706/month

20 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Answering Service
  • Takoma Park Elementary School Rated A-
  • Traditional Architecture
  • 4-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of September 2021

JUST REDUCED! Takoma Park’s most CHARMING condo yet! Nestled on a quaint street just 0.8 miles away from D.C.; Unit #109 boasts 3 oversized bedrooms, 1 bathroom, an extremely open living and dining room combination, and an updated kitchen. Situated within walking distance of local restaurants, music venues, coffee shops, and fun outdoor activities! You can’t beat an easy commute to DC or VA with metro accessibility 0.9 miles away. Don’t miss out on this fabulous unit! Check out neighborhood surroundings:

Last Agent to Sell the Property

Jordan Parker

(301) 789-5313 team@jordanparkerdc.com RLAH @properties License #0225238173 Listed on: 07/16/2021

RLAH @properties

Last Buyer's Agent

Nicole Marshall

(202) 257-2844 propertywithnicole@gmail.com Bennett Realty Solutions

Bennett Realty Solutions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,213 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Assigned parking located at #22
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bars
  • Doors swing in
  • Level Entry For Accessibility

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303576094

Community Details

Overview

  • Association fees include water, snow removal, sewer, security gate, trash, pool(s), parking fee, management, lawn maintenance, laundry, heat, gas, common area maintenance
  • Low-Rise Condominium
  • The Takoma Condos
  • The Takoma Subdivision
  • Property Manager

Recreation

  • Fitness Center

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Additional Features

  • Answering Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,450

Year Built

Built in 1957

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Swing In, Elevator, Grab Bars Mod, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Staging furniture
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-16
  • Federal Flood Zone: No
  • Year Built: 1957
  • Assigned Parking Space Numbers: 22
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1213
  • Living Area Sq Ft: 1213
  • Price Per Sq Ft: 251.44
  • Above Grade Finished Sq Ft: 1213
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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: 588.09
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Takoma
  • HOA Condo Co-Op Amenities: Answering Service, Elevator, Exercise Room, Gated Community
  • HOA Condo Co-Op Fee Includes: Water, Snow Removal, Sewer, Security Gate, Trash, Pool(s), Parking Fee, Management, Lawn Maintenance, Laundry, Heat, Gas, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Breed Restrictions, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105569
  • Tax Annual Amount: 4450.00
  • Assessor Parcel Number: 161303576094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 3, 2021
Sold by
Martin Matthew and Teehan Pia
Bought by
Timothy Lizzie P
Seller's Agent
Jordan Parker
RLAH @properties
Buyer's Agent
Nicole Marshall
Bennett Realty Solutions
List Price
$305,900
Sold Price
$305,000
Premium/Discount to List
-$900
-0.29%
Current Estimated Value
$321,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,243
Avg. Annual Appreciation
1.23%
Original Mortgage
$289,750
Outstanding Balance
$263,257
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$57,986

Purchase Details

Listed on
May 31, 2016
Closed on
Aug 10, 2016
Sold by
Wedge Wood Lllp
Bought by
Martin Matthew and Teehan Pia
Seller's Agent
Elysia Casaday
Compass
Buyer's Agent
Heath Graves
RLAH @properties
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$237,600
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Timothy Lizzie P $305,000 Smart Settlements Llc
Martin Matthew $270,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timothy Lizzie P $289,750
Previous Owner Martin Matthew $237,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $305,000 0.0% $251 / Sq Ft
09/01/2021 09/01/21 Price Changed $305,000 +2.0% $251 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $299,000 -2.3% $246 / Sq Ft
07/16/2021 07/16/21 For Sale $305,900 +0.3% $252 / Sq Ft
07/16/2021 07/16/21 Off Market $305,000 -- --
08/19/2016 08/19/16 Sold $270,000 +8.0% $223 / Sq Ft View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $249,900 -- $206 / 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 $5,129 $295,000 $88,500 $206,500
2024 $5,129 $300,000 $90,000 $210,000
2023 $4,382 $296,667 $0 $0
2022 $4,146 $293,333 $0 $0
2021 $8,175 $290,000 $87,000 $203,000
2020 $7,517 $280,000 $0 $0
2019 $3,759 $270,000 $0 $0
2018 $4,248 $260,000 $78,000 $182,000
2017 $4,017 $246,667 $0 $0
2016 -- $233,333 $0 $0
2015 $4,137 $220,000 $0 $0
2014 $4,137 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2005090

Bright MLS

APN: 13-03576094