NOT LISTED FOR SALE

The Sherwood Apartments 116 Lee Ave Takoma Park, MD 20912

Estimated Value: $144,000 - $154,000

1 Bed
1 Bath
684 Sq Ft
1957 Built

Sale Details

Date Sold: September 28, 2023

Last sale price $140,000 $205 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,523 / mo

11 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Upgraded Countertops
  • Takoma Park Elementary School Rated A-
  • Traditional Architecture
  • 5-minute walk to Opal A. Daniels Neighborhood Park

About This Home

As of September 2023

Welcome to this spacious one bedroom one bath condo at Sherwood Condominium. The home is in good condition featuring stainless steel appliances, granite countertop, updated flooring, plenty of closet space and lots of natural light beaming through oversized windows. Enjoy the convenience of Takoma Park and access to recreation, aquatic center, dog parks, community center, trails, parks, farmers market, restaurants and boutique stores for your shopping. Pet friendly building if you're a pet lover. You are minutes from Downtown Silver Spring and all it has to offer. Quick access to the beltway, a short walk to metro bus stop and Takoma Park Metro Station. Utilities, water and gas included in condo fee. Onsight Laundry facility and gym. Move in Ready for you! This home is sold AS IS, subject to short sale approval and is being professionally negotiated.

Last Agent to Sell the Property

Caron Terrell

(410) 327-2200 timothy.dominick@cbmove.com Coldwell Banker Realty License #617072 Listed on: 07/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Walter Colquitt

(410) 202-8454 walter.colquitt@redfin.com Redfin Corp License #515969

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1957

HOA Fees

  • $553 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 684 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Intercom
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Wall Furnace
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 161303483365

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, air conditioning, parking fee
  • Mid-Rise Community
  • Sherwood Codm Community
  • Sherwood Codm Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,661

Year Built

Built in 1957

Lot Details

0 Sq Ft Lot

HOA Fees

$553 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove
  • Entry Floor: 1
  • Flooring Type: Laminate Plank, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 684
  • Living Area Sq Ft: 684
  • Price Per Sq Ft: 213.45
  • Above Grade Finished Sq Ft: 684
  • Above Grade Finished Area Units: Square Feet

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

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 553.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Laundry Facilities, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Air Conditioning, Parking Fee
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Good
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1661.00
  • Assessor Parcel Number: 161303483365
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 26, 2023
Sold by
Largie Keisha
Bought by
Goldberg Jonathan and Singleton-Goldberg Chauletta
Seller's Agent
Caron Terrell
Coldwell Banker Realty
Buyer's Agent
Walter Colquitt
Redfin Corp
List Price
$146,000
Sold Price
$140,000
Premium/Discount to List
-$6,000
-4.11%
Views
195
Current Estimated Value
$147,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,579
Avg. Annual Appreciation
2.13%
Original Mortgage
$135,800
Outstanding Balance
$132,668
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$14,911
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldberg Jonathan $140,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldberg Jonathan $135,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $140,000 -4.1% $205 / Sq Ft
07/20/2023 07/20/23 For Sale $146,000 0.0% $213 / Sq Ft
06/09/2017 06/09/17 Rented $1,325 -3.6% --
06/09/2017 06/09/17 Under Contract -- -- --
04/25/2017 04/25/17 For Rent $1,375 -- --
Source: Bright MLS

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 $2,234 $136,667 -- --
2024 $2,234 $130,000 $39,000 $91,000
2023 $1,771 $115,000 $0 $0
2022 $1,643 $100,000 $0 $0
2021 $1,413 $85,000 $25,500 $59,500
2020 $1,400 $83,333 $0 $0
2019 $1,362 $81,667 $0 $0
2018 $1,333 $80,000 $24,000 $56,000
2017 $709 $80,000 $0 $0
2016 -- $80,000 $0 $0
2015 $1,832 $90,000 $0 $0
2014 $1,832 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caron Terrell

    Seller's Agent in 2023

    Caron Terrell

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (704) 885-4284

    1 in this area

    40 Total Sales

    Caron Terrell
    Section Image
  • Samuel Bryant

    Seller's Agent in 2017

    Samuel Bryant

    Samson Properties

    (301) 237-4359

    60 Total Sales

    Samuel Bryant
    Section Image
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About The Sherwood Apartments

Map

Source: Bright MLS

MLS Number: MDMC2099238

Bright MLS

APN: 13-03483365

Maryland Montgomery County Takoma Park 20912

116 Lee Ave, Takoma Park, MD

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