NOT LISTED FOR SALE

111 Lee Ave Unit 203 Takoma Park, MD 20912

Estimated Value: $170,000 - $235,000

1 Bed
1 Bath
709 Sq Ft
$344/mo HOA Fee

Last Sold April 15, 2020

Last sale price $172,000 $243 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,621/month

34 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Electric Baseboard Heater
  • Takoma Park Elementary School Rated A-
  • Ceiling Fan
  • 4-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of April 2020

This beautiful 1BD/1BA condo boasts original hardwood floors, updated kitchen, custom built-in cherry/maple shelves in the living room and closet organizer in bedroom. Owner installed new air conditioning unit in living room and new over-the-range microwave with fan in kitchen. Lovely view of tree-line courtyard from living room and bedroom windows. Assigned parking spot is included with condo. The building includes a laundry room, fitness room and access to courtyard. Condo fees include all utilities except electric, trash and snow removal. Located within walking distance from transportation (Metro and bus stops), parks, restaurants and shops in downtown Takoma Park.

Last Agent to Sell the Property

David Garcia

(202) 780-6873 david-garcia@kw.com Keller Williams Capital Properties License #SP98376330 Listed on: 01/30/2020

Keller Williams Capital Properties

Last Buyer's Agent

Deborah Gerald

(301) 873-0422 debbie@gobrentrealty.com Compass License #645018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,643

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $344 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 709 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 161303576152

Community Details

Overview

  • Association fees include common area maintenance, heat, lawn maintenance, management, sewer, trash, water, custodial services maintenance, exterior building maintenance, gas, snow removal
  • Low-Rise Condominium
  • Takoma Park Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,643

Year Built

Built in 1957

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-01-30
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 709
  • Living Area Sq Ft: 709
  • Price Per Sq Ft: 260.93
  • Above Grade Finished Sq Ft: 709
  • 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
  • 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, Parking Space Conveys
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 344.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Laundry Facilities, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Heat, Lawn Maintenance, Management, Sewer, Trash, Water, Custodial Services Maintenance, Ext Bldg Maint, Gas, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105576
  • Tax Annual Amount: 2643.00
  • Assessor Parcel Number: 161303576152
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 15, 2020
Sold by
Miller Sandra
Bought by
Dey Christina A
Seller's Agent
David Garcia
Keller Williams Capital Properties
Buyer's Agent
Deborah Gerald
Compass
List Price
$189,000
Sold Price
$172,000
Premium/Discount to List
-$17,000
-8.99%
Current Estimated Value
$195,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,789
Avg. Annual Appreciation
2.33%
Original Mortgage
$146,200
Outstanding Balance
$129,269
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$66,520

Purchase Details

Closed on
Nov 12, 2012
Sold by
Joseph Jill G and Natale Joanne E
Bought by
Miller Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Joseph Jill G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,490
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Joseph Jill G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,490
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dey Christina A $172,000 Hutton Patt T&E Llc
Miller Sandra $145,000 First American Title Ins Co
Joseph Jill G $244,900 --
Joseph Jill G $244,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dey Christina A $146,200
Previous Owner Miller Sandra $112,000
Previous Owner Joseph Jill G $24,490
Previous Owner Joseph Jill G $24,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $172,000 -7.0% $243 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $185,000 -2.1% $261 / Sq Ft
01/30/2020 01/30/20 For Sale $189,000 0.0% $267 / Sq Ft
01/28/2020 01/28/20 Price Changed $189,000 -- $267 / 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 $2,949 $173,667 -- --
2024 $2,949 $172,000 $51,600 $120,400
2023 $2,189 $168,000 $0 $0
2022 $2,021 $164,000 $0 $0
2021 $1,953 $160,000 $48,000 $112,000
2020 $1,953 $160,000 $48,000 $112,000
2019 $1,952 $160,000 $48,000 $112,000
2018 $2,265 $180,000 $54,000 $126,000
2017 $2,019 $173,333 $0 $0
2016 -- $166,667 $0 $0
2015 $2,983 $160,000 $0 $0
2014 $2,983 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC692686

Bright MLS

APN: 13-03576152