NOT LISTED FOR SALE

111 Lee Ave Unit 403 Takoma Park, MD 20912

Estimated Value: $174,000 - $245,000

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

Last Sold October 29, 2021

Last sale price $200,000 $282 Per Sq Ft

Current estimated payment $1,656/month

6 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating System
  • 4-minute walk to Opal A. Daniels Neighborhood Park
  • Takoma Park Elementary School Rated A-

About This Home

As of October 2021

A low maintenance lifestyle is yours at The Takoma in this one bedroom and one bath contemporary condominium with plentiful parking and a secure building entry. This upgraded home features beautiful hardwoods, fresh modern lighting, a living room with a brilliant picture window, an open dining area, and a nicely appointed kitchen. The horseshoe kitchen boasts LVT flooring, a breakfast bar, Shaker style cabinetry, granite counters, a and stainless steel appliances. Trending paint scheme and natural light provide a place that comfortably accommodates today's busy lifestyles. Located less than 1 mile to the Takoma Metro and less the 3/4 of a mile to Old Town Takoma with its restaurants, bars, coffee shops, farmer's market.

Last Agent to Sell the Property

Bob Lucido

(410) 403-0933 hello@boblucidoteam.com Keller Williams Lucido Agency License #4037 Listed on: 09/09/2021

Keller Williams Lucido Agency

Co-Listed By

Jarrod Jeeter

(410) 531-0321 jarrodjeeter@boblucidoteam.com Northrop Realty

Last Buyer's Agent

Tasia Pappas

(202) 494-0470 Tasia@CBRealty.com Coldwell Banker Realty License #SP98359740

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1957

Lot Details

  • 44

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 709 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Piney Branch Elementary School
  • Takoma Park Middle School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303576391

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, gas, water, heat
  • Low-Rise Condominium
  • The Takoma Subdivision

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,645

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: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 709
  • Living Area Sq Ft: 709
  • Price Per Sq Ft: 282.09
  • 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

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 344.02
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Gas, Water, Heat
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: PINEY BRANCH
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: TAKOMA PARK

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

  • Pets: Number Limit, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105600
  • Tax Annual Amount: 2645.00
  • Assessor Parcel Number: 161303576391
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 29, 2021
Sold by
Innes Tara J
Bought by
Jimenez Ronny
Seller's Agent
Bob Lucido
Keller Williams Lucido Agency
Buyer's Agent
Tasia Pappas
Coldwell Banker Realty
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$200,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431
Avg. Annual Appreciation
0.05%
Original Mortgage
$190,000
Outstanding Balance
$160,551
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$39,880

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jan 28, 2019
Sold by
Bondanella Alicia L
Bought by
Innes Tara J
Seller's Agent
June McMahon
Old Line Properties, LLC
Buyer's Agent
Barak Sky
Serhant
List Price
$215,000
Sold Price
$192,500
Premium/Discount to List
-$22,500
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$163,625
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Bondanella Alicia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 4, 2007
Sold by
Wedgewood Ltd Ptnshp
Bought by
Bondanella Alicia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
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
Jimenez Ronny $200,000 Mid Atlantic Stlmt Svcs Llc
Innes Tara J $192,500 Commonwealth Land Title
Bondanella Alicia L $249,900 --
Bondanella Alicia L $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Ronny $190,000
Previous Owner Innes Tara J $163,625
Previous Owner Bondanella Alicia L $37,500
Previous Owner Bondanella Alicia L $199,900
Previous Owner Bondanella Alicia L $199,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $200,000 0.0% $282 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $200,000 0.0% $282 / Sq Ft
08/15/2020 08/15/20 Rented $1,550 0.0% --
07/29/2020 07/29/20 For Rent $1,550 0.0% --
01/28/2019 01/28/19 Sold $192,500 0.0% $272 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
12/07/2018 12/07/18 Price Changed $192,500 -5.2% $272 / Sq Ft
10/26/2018 10/26/18 Price Changed $203,000 -5.6% $286 / Sq Ft
10/11/2018 10/11/18 For Sale $215,000 -- $303 / 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 $3,085 $181,667 -- --
2024 $3,085 $180,000 $54,000 $126,000
2023 $2,280 $173,333 $0 $0
2022 $2,065 $166,667 $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 $2,182 $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

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Map

Source: Bright MLS

MLS Number: MDMC2015370

Bright MLS

APN: 13-03576391