Seller's Agent in 2020
David Maplesden
Samson Properties
(202) 270-7253
34 in this area
95 Total Sales
The Sherwood Apartments 116 Lee Ave Takoma Park, MD 20912
Estimated Value: $155,000 - $190,000
1
Bed
1
Bath
694
Sq Ft
$452/mo
HOA Fee
Highlights
- Fitness Center
- City View
- Wood Flooring
- Takoma Park Elementary School Rated A-
- Traditional Floor Plan
- 5-minute walk to Opal A. Daniels Neighborhood Park
About This Home
As of December 2020Situated around the corner from the City Town Hall, Library, Police Station and a short stroll to the schools and Sligo Creek Park, this 694 square foot condominium is in a super convenient location that makes your life easier! At just 0.8 of a mile from Metro walking there is a serious temptation on a beautiful Spring Day! Up the hill around the corner is the Takoma Food Coop and many restaurants in the Historic District are a short distance. This unit is one level above the front entrance - so it's possible to use stairs to reach the unit and not the elevator (though there is a nearly new elevator in the condo). This is the lowest priced condo in the City of Takoma Park! Beautiful refinished hardwood floors greet you in every room, including the kitchen, and are a joy. Find all recent stainless appliances in the granite countertop kitchen. The new 5 burner gas stove is sure to have you reaching for the recipe books for the holidays. A dishwasher, built-in microwave, disposal, and refrigerator are also an added bonus. Appliances have warranties still in place. The roomy living room sports a large picture window overlooking the front entrance and bringing great light while the dining "L" is an ample size - plenty of room for a full-sized table! A newly updated bathroom greets you in the hallway with custom tile. Find the super large walk-in closet opposite the bathroom - it's big enough to be a home office if that's a better use for you! The bedroom can fit a king-size bed if needed and has a big closet with attractive wood doors. Great value in the $452 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 #41 for yourself or your guests. A huge laundry is found on the basement level. There's a small gym on each side of the main level entrance. 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). Whether you are starting your climb on the housing ladder or downsizing but want to be in a much sought after City, this roomy condo offers you a great location at a modest price. Hurry Over! Walkthrough video tour here: https://drive.google.com/file/d/1ELYCbWwfVAt1Lp6rLFJxodSJF-dK-zwx/view?usp=sharing
Last Agent to Sell the Property
(202) 270-7253 david@maplesdengroup.com Samson Properties License #90067 Listed on: 10/01/2020
Co-Listed By
(240) 603-8401 Elliotbarber@gmail.com Long & Foster Real Estate, Inc. License #637018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,275
Year Built
- Built in 1957 | Remodeled in 2006
Lot Details
- Two or More Common Walls
- Infill Lot
- Northeast Facing Home
- Property is in good condition
HOA Fees
- $452 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Slab Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 694 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Built-In Features
- Double Pane Windows
- Combination Dining and Living Room
- Wood Flooring
- City Views
Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
Parking
- Assigned parking located at #41
- Lighted Parking
- Parking Lot
- Off-Street Parking
- 1 Assigned Parking Space
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
Schools
- Takoma Educational Campus Elementary School
- Takoma Park Middle School
- Montgomery Blair High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Multiple Phone Lines
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 161303483560
Community Details
Overview
- Association fees include air conditioning, heat, exterior building maintenance, gas, insurance, lawn care front, lawn maintenance, management, recreation facility, reserve funds, snow removal, trash, water, sewer
- 56 Units
- Mid-Rise Condominium
- Sherwood Condominium Condos, Phone Number (301) 495-0146
- Sherwood Codm Community
- Takoma Park Subdivision
- Property Manager
Amenities
- Common Area
- Laundry Facilities
- 1 Elevator
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2020
Closed on
Dec 30, 2020
Sold by
Smallwood Thibodeau Tai Y
Bought by
Kim Olga and Lee Songbae
Seller's Agent
David Maplesden
Samson Properties
Buyer's Agent
Denise Verburg
Compass
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
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
$20,114
Avg. Annual Appreciation
2.69%
Original Mortgage
$85,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 30, 2020
Closed on
May 27, 2020
Sold by
Lis Nao Llc
Bought by
Thibodeau Tai Y Smallwood
Seller's Agent
Steve Wasser
1st Investors Realty, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$145,000
Sold Price
$145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$125,000
Interest Rate
3.3%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Olga | $145,000 | Federal Title & Escrow Co | |
| Thibodeau Tai Y Smallwood | $145,000 | Paragon Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim Olga | $85,000 | |
| Previous Owner | Thibodeau Tai Y Smallwood | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $145,000 | 0.0% | $209 / Sq Ft | |
| 11/22/2020 11/22/20 | Pending | -- | -- | -- | |
| 10/14/2020 10/14/20 | Price Changed | $145,000 | -3.3% | $209 / Sq Ft | |
| 10/01/2020 10/01/20 | For Sale | $149,900 | +3.4% | $216 / Sq Ft | |
| 05/27/2020 05/27/20 | Sold | $145,000 | 0.0% | $209 / Sq Ft | View Prior Sale |
| 05/09/2020 05/09/20 | Pending | -- | -- | -- | |
| 04/30/2020 04/30/20 | For Sale | $145,000 | -- | $209 / 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 |
|---|---|---|---|---|
| 2025 | $2,404 | $143,333 | -- | -- |
| 2024 | $2,404 | $140,000 | $42,000 | $98,000 |
| 2023 | $2,063 | $120,000 | $0 | $0 |
| 2022 | $1,661 | $100,000 | $0 | $0 |
| 2021 | $1,331 | $80,000 | $24,000 | $56,000 |
| 2020 | $1,222 | $78,333 | $0 | $0 |
| 2019 | $1,275 | $76,667 | $0 | $0 |
| 2018 | $1,241 | $75,000 | $22,500 | $52,500 |
| 2017 | $1,302 | $75,000 | $0 | $0 |
| 2016 | $1,335 | $75,000 | $0 | $0 |
| 2015 | $1,335 | $75,000 | $0 | $0 |
| 2014 | $1,335 | $75,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Maplesden
-
Steve Wasser
S
Seller's Agent in 2020
Steve Wasser
1st Investors Realty, Inc.
(301) 537-8649
1 in this area
11 Total Sales
-
Elliot Barber
Seller Co-Listing Agent in 2020
Elliot Barber
Long & Foster
(240) 603-8401
34 in this area
114 Total Sales
-
Denise Verburg
Buyer's Agent in 2020
Denise Verburg
Compass
(301) 335-5103
1 in this area
58 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2020
datacorrect BrightMLS
Non Subscribing Office
About The Sherwood Apartments
Map
Source: Bright MLS
MLS Number: MDMC728024
APN: 13-03483560
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