The Sherwood Apartments 116 Lee Ave Takoma Park, MD 20912
1
Bed
1
Bath
714
Sq Ft
$509/mo
HOA Fee
Highlights
- Fitness Center
- Scenic Views
- Traditional Floor Plan
- Takoma Park Elementary School Rated A-
- Colonial Architecture
- 5-minute walk to Opal A. Daniels Neighborhood Park
About This Home
As of September 2022Located around the corner from the City Town Hall, Library, Police Station and a short stroll to the schools and Sligo Creek Park, this 714 square foot condominium is in a super convenient location that is ideal for walking to places you want to be! At just 0.8 of a mile from Metro walking there is very feasible and can we say healthy! Up the hill around the corner is the Takoma Food Coop (with great organic choices), and many restaurants in the Historic District are a short distance. Pretty oak hardwood floors greet you in the well-sized living/dining room combo. The granite countertop kitchen features stainless appliances and maple cabinets. The stainless gas stove is sure to have you reaching for the recipe books. A dishwasher, built-in microwave, disposal, and refrigerator are also an added bonus. The roomy living room sports a large south-facing picture window overlooking single-family homes and gardens bringing great light, and especially on the short winter afternoons. The dining "L" is an ample size - plenty of room for a full-sized table! The updated bathroom greets you in the hallway with custom tile. The roomy bedroom can fit a king-size bed and has an ample lighted closet. Great value in the $509 per month condo fee that includes your heating, Central Air Conditioning, hot water, water and sewer, and building maintenance. You only pay for electric lights! Though a car may not be needed, you do get an individual parking space #26 in the rear of the building. A large laundry is found on the basement level. Pets are allowed in the building. Great financing options are available; the condo is VA approved so veterans can buy for as little as zero down. Conventional low downpayment financing is also available (subject to lender requirements) The City of Takoma Park offers first-time buyers the Home Stretch program that provides a grant of up to $10,000 that may be used towards downpayment and closing costs subject to income restrictions and other conditions (see listing agent for details). This is a smoke-free building. Whether you are starting your climb on the housing ladder or downsizing but want to be in a much sought City, this roomy condo offers you a great location at a modest price With a bright southern view of single-family homes and gardens! The sale may result in a short sale. A must-see!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #90067 Listed on: 07/24/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,577
Year Built
- Built in 1957
Lot Details
- Two or More Common Walls
- Infill Lot
- North Facing Home
- Property is in good condition
HOA Fees
- $509 Monthly HOA Fees
Property Views
- Scenic Vista
- Garden
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 714 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Bar
- Double Pane Windows
- Window Screens
- Living Room
- Dining Room
- Wood Flooring
- Exterior Cameras
Kitchen
- Gas Oven or Range
- Stove
- Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Assigned parking located at #26
- Lighted Parking
- Paved Parking
- Parking Lot
- 1 Assigned Parking Space
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
Schools
- Takoma Park Elementary And Middle School
- Montgomery Blair High School
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
- Multiple Phone Lines
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 161303483616
Community Details
Overview
- Association fees include air conditioning, custodial services maintenance, exterior building maintenance, gas, heat, insurance, management, reserve funds, sewer, snow removal, trash, water, lawn care front
- Mid-Rise Condominium
- The Sherwood Condos, Phone Number (301) 495-0146
- Sherwood Codm Community
- The Sherwood Subdivision
- Property Manager
Amenities
- Common Area
- Laundry Facilities
- 1 Elevator
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2022
Closed on
Sep 16, 2022
Sold by
Zuckerman Rachel R
Bought by
Elganzoury Andrea Mona
Seller's Agent
Charmaine Prusak
Long & Foster Real Estate, Inc.
Buyer's Agent
Joie Ashworth
Weichert, REALTORS
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,720
Avg. Annual Appreciation
0.63%
Original Mortgage
$150,000
Outstanding Balance
$144,181
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$23,794
Purchase Details
Listed on
Jul 24, 2021
Closed on
Feb 18, 2022
Sold by
Campbell Jacqueline B
Bought by
Zuckerman Rachel R
Seller's Agent
David Maplesden
Long & Foster Real Estate, Inc.
Buyer's Agent
Charmaine Prusak
Long & Foster Real Estate, Inc.
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Purchase Details
Closed on
Aug 30, 2005
Sold by
Lis Nao Llc
Bought by
Campbell Jacqueline B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2005
Sold by
Lis Nao Llc
Bought by
Campbell Jacqueline B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Similar Homes in Takoma Park, MD
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $165,000 | Fidelity National Title | |
| Deed | $155,000 | First American Title | |
| Deed | $215,000 | -- | |
| Deed | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $172,000 | New Conventional | |
| Previous Owner | $172,000 | New Conventional | |
| Previous Owner | $215,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2022 09/17/22 | Sold | $165,000 | -2.4% | $231 / Sq Ft |
| 08/16/2022 08/16/22 | For Sale | $169,000 | +9.0% | $237 / Sq Ft |
| 02/18/2022 02/18/22 | Sold | $155,000 | +3.3% | $217 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 07/24/2021 07/24/21 | For Sale | $150,000 | -- | $210 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,457 | $125,000 | $0 | $0 |
| 2022 | $1,133 | $110,000 | $0 | $0 |
| 2021 | $1,577 | $95,000 | $28,500 | $66,500 |
| 2020 | $1,550 | $93,333 | $0 | $0 |
| 2019 | $1,522 | $91,667 | $0 | $0 |
| 2018 | $1,486 | $90,000 | $27,000 | $63,000 |
| 2017 | $1,559 | $90,000 | $0 | $0 |
| 2016 | $2,489 | $90,000 | $0 | $0 |
| 2015 | $2,489 | $90,000 | $0 | $0 |
| 2014 | $2,489 | $90,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charmaine Prusak
Seller's Agent in 2022
Charmaine Prusak
Long & Foster
(240) 620-3341
3 in this area
59 Total Sales
-
David Maplesden
Seller's Agent in 2022
David Maplesden
Long & Foster
(202) 270-7253
37 in this area
107 Total Sales
-
Elliot Barber
Seller Co-Listing Agent in 2022
Elliot Barber
Long & Foster
(240) 603-8401
37 in this area
125 Total Sales
-
Joie Ashworth
Buyer's Agent in 2022
Joie Ashworth
Weichert Corporate
(240) 428-0411
1 in this area
94 Total Sales
About The Sherwood Apartments
Map
Source: Bright MLS
MLS Number: MDMC2006558
APN: 13-03483616
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