NOT LISTED FOR SALE

The Sherwood Apartments 116 Lee Ave Unit 406 Takoma Park, MD 20912

Estimated Value: $179,000 - $207,000

2 Beds
1 Bath
-- Sq Ft
$588/mo HOA Fee

Last Sold December 17, 2018

Last sale price $140,000

Est. 40% increase in value since last sale

Current estimated payment $1,870/month

Highlights

  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • 5-minute walk to Opal A. Daniels Neighborhood Park
  • Takoma Park Elementary School Rated A-
  • Property is in very good condition

About This Home

As of December 2018

Property is being sold to long term tenant.

Last Agent to Sell the Property

Glenn Bonner Jr

Coldwell Banker Realty Listed on: 10/16/2018

Coldwell Banker Realty

Last Buyer's Agent

Fitzum Assefaw

Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1957

Lot Details

  • Property is in very good condition

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Association fees include heat, parking fee, sewer, water
  • Low-Rise Condominium
  • Sherwood Codm Community
  • Sherwood Codm Subdivision
  • The community has rules related to moving in times

Listing and Financial Details

  • Assessor Parcel Number 161303483707

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,977

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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1957
  • Remarks Public: Property is being sold to long term tenant.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dishwasher, Oven/Range - Gas
  • Interior Amenities: Dining Area, Combination Dining/Living
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 587.91
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Heat, Parking Fee, Sewer, Water
  • HOA Condo Co-Op Rules: Moving In Times
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098195
  • Tax Annual Amount: 1976.62
  • Assessor Parcel Number: 161303483707
  • Tax Total Finished Sq Ft: 946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/17/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Dec 31, 2018
Sold by
Curry Christopher J and Biggerstaff Amanda R
Bought by
Assefaw Almaz
Seller's Agent
Glenn Bonner Jr
Coldwell Banker Realty
Buyer's Agent
Fitzum Assefaw
Keller Williams Capital Properties
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$195,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,347
Avg. Annual Appreciation
5.19%
Original Mortgage
$112,000
Outstanding Balance
$100,834
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$94,513

Purchase Details

Closed on
Feb 23, 2007
Sold by
Lis Nao Llc
Bought by
Curry Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 2007
Sold by
Lis Nao Llc
Bought by
Curry Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
6.24%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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
Assefaw Almaz $140,000 None Available
Curry Christopher J $258,000 --
Curry Christopher J $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assefaw Almaz $112,000
Previous Owner Curry Christopher J $193,250
Previous Owner Curry Christopher J $38,700
Previous Owner Curry Christopher J $206,400
Previous Owner Curry Christopher J $206,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $140,000 -3.4% --
10/16/2018 10/16/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $145,000 -- --
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
2024 $2,404 $140,000 $42,000 $98,000
2023 $3,096 $140,000 $42,000 $98,000
2022 $1,626 $140,000 $42,000 $98,000
2021 $1,624 $140,000 $42,000 $98,000
2020 $3,030 $133,333 $0 $0
2019 $1,404 $126,667 $0 $0
2018 $1,285 $120,000 $36,000 $84,000
2017 $1,267 $116,667 $0 $0
2016 $2,291 $113,333 $0 $0
2015 $2,291 $110,000 $0 $0
2014 $2,291 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenn Bonner Jr

    Seller's Agent in 2018

    Glenn Bonner Jr

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 731-7844

    59 Total Sales

    Glenn Bonner Jr
    Section Image
  • Fitzum Assefaw

    Buyer's Agent in 2018

    Fitzum Assefaw

    Keller Williams Capital Properties

    (240) 505-5978

    1 Total Sale

    Fitzum Assefaw
    Section Image
See All Agents

About The Sherwood Apartments

Map

Source: Bright MLS

MLS Number: 1009941862

Bright MLS

APN: 13-03483707

Maryland Montgomery County Takoma Park 20912

116 Lee Ave Unit 406, Takoma Park, MD

This home is located at 116 Lee Ave Unit 406, Takoma Park, MD 20912 since 16 October 2018 and is currently estimated at $195,347. This property was built in 1957. 116 Lee Ave Unit 406 is a home located in Montgomery County with nearby schools including Takoma Park Elementary School, Piney Branch Elementary School, and Takoma Park Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes