NOT LISTED FOR SALE

The Sherwood Apartments 116 Lee Ave Takoma Park, MD 20912

Estimated Value: $221,000 - $242,838

2 Beds
1 Bath
981 Sq Ft
$699/mo HOA Fee

Last Sold May 28, 2021

Last sale price $214,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,277/month

2 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Elevator
  • Takoma Park Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of May 2021

Top floor corner unit with extra natural light and space. Newly refinished hardwood floors, fresh modern colors with new appliances and fixtures. Generous rooms, large mirrored double closets. Nice and bright, quiet and peaceful. Expansive layout. Great location. Walk to three schools, Sligo Creek bike and walking trails, Metro, and everything eclectic Takoma Park. Awesome community. Welcoming, pet friendly building.

Last Agent to Sell the Property

Andrew Eisel

Century 21 Redwood Realty License #576123 Listed on: 05/06/2021

Century 21 Redwood Realty

Last Buyer's Agent

JT Burton

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1957

HOA Fees

  • $699 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 981 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Intercom
  • Exterior Cameras

Parking

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

Schools

  • Takoma Park Elementary And Middle School
  • Montgomery Blair High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303483811

Community Details

Overview

  • Association fees include gas, water, insurance, trash
  • Mid-Rise Condominium
  • Summit Management Condos, Phone Number (301) 495-0146
  • Sherwood Codm Community
  • Sherwood Codm Subdivision
  • Property Manager
  • Property has 5 Levels

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,096

Year Built

Built in 1957

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Assigned Parking Space Numbers: #1
  • Automatically Close On Close Date: No
  • Remarks Public: Top floor corner unit with extra natural light and space. Newly refinished hardwood floors, fresh modern colors with new appliances and fixtures. Generous rooms, large mirrored double closets. Nice and bright, quiet and peaceful. Expansive layout. Great location. Walk to three schools, Sligo Creek bike and walking trails, Metro, and everything eclectic Takoma Park. Awesome community. Welcoming, pet friendly building.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Window Treatments, Wood Floors
  • Window Features: Double Pane, Screens
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 5
  • Room List: Dining Room, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 981
  • Living Area Sq Ft: 981
  • Price Per Sq Ft: 213.05
  • Above Grade Finished Sq Ft: 981
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Intercom, Exterior Cameras, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 699.13
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Management
  • Condo Co-Op Phone: (301) 495-0146
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Laundry Facilities, Security
  • HOA Condo Co-Op Fee Includes: Gas, Water, Insurance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TAKOMA PARK
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14098206
  • Tax Annual Amount: 2096.00
  • Assessor Parcel Number: 161303483811
  • Tax Total Finished Sq Ft: 981
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 28, 2021
Sold by
Schechter Dan O and Schechter Gabrielle R
Bought by
Duval Geraldine
Seller's Agent
Andrew Eisel
Century 21 Redwood Realty
Buyer's Agent
JT Burton
Compass
List Price
$209,000
Sold Price
$214,000
Premium/Discount to List
$5,000
2.39%
Current Estimated Value
$230,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,710
Avg. Annual Appreciation
1.49%
Original Mortgage
$203,300
Outstanding Balance
$186,055
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,451

Purchase Details

Listed on
Jan 28, 2012
Closed on
Jul 29, 2013
Sold by
Dukehart Coburn A
Bought by
Schechter Dan O and Schechter Gabriella R
Seller's Agent
Traci Rochon
EXP Realty, LLC
Buyer's Agent
Andrew Eisel
Century 21 Redwood Realty
List Price
$104,900
Sold Price
$110,000
Premium/Discount to List
$5,100
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Nov 10, 2005
Sold by
Lis Nao Llc
Bought by
Dukehart Coburn A

Purchase Details

Closed on
Oct 26, 2005
Sold by
Lis Nao Llc
Bought by
Dukehart Coburn A
Source: Public Records

Range of Values:

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Average Value
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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
Duval Geraldine $214,000 Hutton Patt T&E Llc
Schechter Dan O $110,000 None Available
Dukehart Coburn A $270,000 --
Dukehart Coburn A $270,000 --
Dukehart Coburn A $270,000 --
Dukehart Coburn A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duval Geraldine $203,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $214,000 +2.4% $218 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $209,000 +90.0% $213 / Sq Ft
07/31/2013 07/31/13 Sold $110,000 +4.9% $112 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $104,900 0.0% $107 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/15/2012 08/15/12 Price Changed $104,900 -8.7% $107 / Sq Ft
07/28/2012 07/28/12 Price Changed $114,900 -2.6% $117 / Sq Ft
07/17/2012 07/17/12 Price Changed $118,000 0.0% $120 / Sq Ft
07/17/2012 07/17/12 For Sale $118,000 -8.5% $120 / Sq Ft
05/21/2012 05/21/12 Price Changed $129,000 -7.2% $131 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/05/2012 03/05/12 Price Changed $139,000 -6.7% $142 / Sq Ft
01/28/2012 01/28/12 For Sale $149,000 -- $152 / 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
2024 $3,596 $210,000 $63,000 $147,000
2023 $2,388 $186,667 $0 $0
2022 $2,010 $163,333 $0 $0
2021 $1,158 $140,000 $42,000 $98,000
2020 $2,207 $133,333 $0 $0
2019 $2,096 $126,667 $0 $0
2018 $1,977 $120,000 $36,000 $84,000
2017 $1,959 $116,667 $0 $0
2016 $2,983 $113,333 $0 $0
2015 $2,983 $110,000 $0 $0
2014 $2,983 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Eisel

    Seller's Agent in 2021

    Andrew Eisel

    Century 21 Redwood Realty

    (301) 437-9943

    1 in this area

    12 Total Sales

    Andrew Eisel
    Section Image
  • JT Burton

    Buyer's Agent in 2021

    JT Burton

    Compass

    (301) 928-3456

    2 in this area

    81 Total Sales

    JT Burton
    Section Image
  • Traci Rochon

    Seller's Agent in 2013

    Traci Rochon

    EXP Realty, LLC

    (540) 699-0646

    17 Total Sales

    Traci Rochon
    Section Image
See All Agents

About The Sherwood Apartments

Map

Source: Bright MLS

MLS Number: MDMC757086

Bright MLS

APN: 13-03483811

Maryland Montgomery County Takoma Park 20912

116 Lee Ave, Takoma Park, MD

This home is located at 116 Lee Ave, Takoma Park, MD 20912 since 06 May 2021 and is currently estimated at $230,710, approximately $235 per square foot. This property was built in 1957. 116 Lee Ave is a home located in Montgomery County with nearby schools including Takoma Park Elementary School, Piney Branch Elementary School, and Takoma Park Middle School.

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