NOT LISTED FOR SALE

The Sherwood Apartments 116 Lee Ave Unit 407 Takoma Park, MD 20912

Estimated Value: $172,000 - $185,879

1 Bed
1 Bath
720 Sq Ft
$512/mo HOA Fee

Last Sold March 31, 2021

Last sale price $159,900 $222 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,724/month

15 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Takoma Park Elementary School Rated A-
  • Intercom
  • 5-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of March 2021

Very sunny, spacious, freshly painted and newly renovated, 4th floor corner unit with a private parking space. LARGE east facing windows - a must see for anyone that likes a sunny home! Large living room and dining area and large bedroom with a walk in closet. Hardwood floors throughout the unit. Condo fee includes your heating, central air conditioning, hot water, water and sewer, and building maintenance. This conveniently located condominium is close to everything you'll need! Situated around the corner from the community center, library, police station and many schools. Short stroll to Sligo Creek Park, Takoma Park Coop, year round Takoma Park Farmer's Market, historic downtown Takoma Park shops and restaurants, and under a mile to the metro! Just minutes from the city but you won't feel like it in this cozy Takoma Park condo.

Last Agent to Sell the Property

Gary Ozbenian

Realty Advantage of Maryland LLC Listed on: 02/04/2021

Realty Advantage of Maryland LLC

Last Buyer's Agent

Lisa LaCourse

RLAH @properties License #0225232747

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1957

HOA Fees

  • $512 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Intercom

Kitchen

  • <<selfCleaningOvenToken>>
  • <<builtInRangeToken>>
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Public Parking
  • 1 Off-Street Space
  • Assigned parking located at #6
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303483718

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, exterior building maintenance, heat, insurance, lawn maintenance, management, recreation facility, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Sherwood Codm Community
  • Sherwood Codm Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,521

Year Built

Built in 1957

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Assigned Parking Space Numbers: 6
  • Automatically Close On Close Date: No
  • Remarks Public: Very sunny, spacious, freshly painted and newly renovated, 4th floor corner unit with a private parking space. LARGE east facing windows - a must see for anyone that likes a sunny home! Large living room and dining area and large bedroom with a walk in closet. Hardwood floors throughout the unit. Condo fee includes your heating, central air conditioning, hot water, water and sewer, and building maintenance. This conveniently located condominium is close to everything you'll need! Situated around the corner from the community center, library, police station and many schools. Short stroll to Sligo Creek Park, Takoma Park Coop, year round Takoma Park Farmer's Market, historic downtown Takoma Park shops and restaurants, and under a mile to the metro! Just minutes from the city but you won't feel like it in this cozy Takoma Park condo.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Oven - Self Cleaning
  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 222.08
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

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, Public
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 512.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Ext Bldg Maint, Heat, Insurance, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 66500.00
  • Land Assessed Value: 28500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098196
  • Tax Annual Amount: 1521.00
  • Assessor Parcel Number: 161303483718
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 31, 2021
Sold by
Ozbenian Serda H
Bought by
Yaxkin Octavio Ruiz Balam
Seller's Agent
Gary Ozbenian
Realty Advantage of Maryland LLC
Buyer's Agent
Lisa LaCourse
RLAH @properties
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$178,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,820
Avg. Annual Appreciation
2.62%
Original Mortgage
$143,910
Outstanding Balance
$131,522
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$47,198

Purchase Details

Listed on
Nov 19, 2013
Closed on
May 28, 2014
Sold by
Tallapragada Madhuri
Bought by
Ozbenian Serda H
Seller's Agent
Colette Releford
Redfin Corp
Buyer's Agent
Colette Releford
Redfin Corp
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Sep 11, 2007
Sold by
Stevens Christopher W
Bought by
Tallapragada Madhuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Stevens Christopher W
Bought by
Tallapragada Madhuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Lis Nao Llc
Bought by
Stevens Christopher W and Stevens Ja

Purchase Details

Closed on
Sep 28, 2005
Sold by
Lis Nao Llc
Bought by
Stevens Christopher W and Stevens Ja
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
Yaxkin Octavio Ruiz Balam $159,900 Sage Title Group Llc
Ozbenian Serda H $100,000 Old Republic Natl Title Ins
Tallapragada Madhuri $220,000 --
Tallapragada Madhuri $220,000 --
Stevens Christopher W $230,000 --
Stevens Christopher W $230,000 --
Stevens Christopher W $230,000 --
Stevens Christopher W $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaxkin Octavio Ruiz Balam $143,910
Previous Owner Tallapragada Madhuri $176,000
Previous Owner Tallapragada Madhuri $176,000
Previous Owner Tallapragada Madhuri $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $159,900 0.0% $222 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $159,900 +59.9% $222 / Sq Ft
05/28/2014 05/28/14 Sold $100,000 +33.3% $145 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
12/27/2013 12/27/13 Price Changed $75,000 -24.6% $109 / Sq Ft
12/09/2013 12/09/13 Price Changed $99,500 -5.2% $144 / Sq Ft
11/19/2013 11/19/13 For Sale $105,000 +5.0% $152 / Sq Ft
11/19/2013 11/19/13 Off Market $100,000 -- --
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 $2,659 $155,000 $46,500 $108,500
2023 $1,482 $135,000 $0 $0
2022 $1,216 $115,000 $0 $0
2021 $885 $95,000 $28,500 $66,500
2020 $0 $93,333 $0 $0
2019 $830 $91,667 $0 $0
2018 $1,470 $90,000 $27,000 $63,000
2017 $867 $90,000 $0 $0
2016 $1,797 $90,000 $0 $0
2015 $1,797 $90,000 $0 $0
2014 $1,797 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Ozbenian

    Seller's Agent in 2021

    Gary Ozbenian

    Realty Advantage of Maryland LLC

    (301) 404-1040

    2 in this area

    69 Total Sales

    Gary Ozbenian
    Section Image
  • Lisa LaCourse

    Buyer's Agent in 2021

    Lisa LaCourse

    Real Living at Home

    (301) 792-9313

    1 in this area

    31 Total Sales

    Lisa LaCourse
    Section Image

  • C

    Seller's Agent in 2014

    Colette Releford

    Redfin Corp

    Section Image
See All Agents

About The Sherwood Apartments

Map

Source: Bright MLS

MLS Number: MDMC743490

Bright MLS

APN: 13-03483718

Maryland Montgomery County Takoma Park 20912

116 Lee Ave Unit 407, Takoma Park, MD

This home is located at 116 Lee Ave Unit 407, Takoma Park, MD 20912 since 04 February 2021 and is currently estimated at $178,720, approximately $248 per square foot. This property was built in 1957. 116 Lee Ave Unit 407 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