The Sherwood Apartments 116 Lee Ave Takoma Park, MD 20912
Estimated payment $1,810/month
Total Views
14,194
1
Bed
1
Bath
704
Sq Ft
$220
Price per Sq Ft
Highlights
- Fitness Center
- Gourmet Kitchen
- Contemporary Architecture
- Takoma Park Elementary School Rated A-
- City View
- 5-minute walk to Opal A. Daniels Neighborhood Park
About This Home
Located around the corner from the City Town Hall, Library, Police Station, and a short stroll to the schools and Sligo Creek Park, this 704 square foot condominium is in a super convenient location that is ideal for strolling 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 recently remodeled Takoma Food Coop (with great organic choices), and many restaurants in the Historic District are a short distance away. Recent Laminated Tile floors greet you in the living/dining room, which is open plan. There is fresh neutral paint throughout. The granite countertop kitchen features stainless steel appliances and maple cabinets, and a serving counter with room for pull-up chairs. The stainless gas stove is sure to have you reaching for the recipe books. A dishwasher, built-in microwave, disposal, and refrigerator are also a bonus. The roomy living room sports a large south-facing picture window overlooking single-family gardens, bringing good light, especially on the short winter afternoons. The dining "L" is 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, light closet. The condo fee is $768.,48 per month, which includes your heating, Central Air Conditioning, hot water, water and sewer, and building maintenance. You only pay for electric lights, which the seller states is around $20 per month! Though a car may not be needed, you do get an individual parking space #13 on the side of the building, conveniently close to the Lower Level Side Entrance. 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-down-payment financing is also available as the condo is approved by Fannie Mae through 1/15/26, and 3% down is possible, plus additional closing help of thousands of dollars via first time home buyer programs. 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 down payment and closing costs, subject to income restrictions and other conditions (see listing agent for details). Other lender programs are offering similar or larger sums are available. 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-after City, this roomy condo offers you a great location at a modest price with a bright outlook!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,404
Year Built
- Built in 1957 | Remodeled in 2006
Lot Details
- No Units Located Below
- Two or More Common Walls
- Northwest Facing Home
- Property is in very good condition
HOA Fees
- $768 Monthly HOA Fees
Property Views
- City
- Garden
- Courtyard
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 704 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Double Pane Windows
- Window Treatments
- Living Room
- Dining Room
- Laminate Flooring
- Laundry on lower level
Kitchen
- Gourmet Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Soaking Tub
- Bathtub with Shower
Home Security
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- 1 Assigned Parking Space
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
Location
- Suburban Location
Schools
- Takoma Park Elementary And Middle School
- Montgomery Blair High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 161303483401
Community Details
Overview
- Association fees include air conditioning, common area maintenance, gas, heat, water, exterior building maintenance, insurance, management, parking fee, reserve funds, sewer, snow removal, trash
- 56 Units
- Mid-Rise Condominium
- Sherwood Condominium Condos
- Sherwood Codm Community
- Takoma Park Subdivision
- Property Manager
Amenities
- Laundry Facilities
- 1 Elevator
Recreation
- Fitness Center
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
About The Sherwood Apartments
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Home Values in the Area
Average Home Value in this Area
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 | $1,388 | $125,000 | $0 | $0 |
| 2022 | $1,133 | $110,000 | $0 | $0 |
| 2021 | $885 | $95,000 | $28,500 | $66,500 |
| 2020 | $873 | $93,333 | $0 | $0 |
| 2019 | $1,527 | $91,667 | $0 | $0 |
| 2018 | $1,496 | $90,000 | $27,000 | $63,000 |
| 2017 | $1,573 | $90,000 | $0 | $0 |
| 2016 | -- | $90,000 | $0 | $0 |
| 2015 | $2,194 | $90,000 | $0 | $0 |
| 2014 | $2,194 | $90,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $154,900 | -3.1% | $220 / Sq Ft |
| 05/31/2025 05/31/25 | For Sale | $159,900 | +10.3% | $227 / Sq Ft |
| 10/04/2021 10/04/21 | Sold | $145,000 | 0.0% | $206 / Sq Ft |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | For Sale | $145,000 | +3.6% | $206 / Sq Ft |
| 02/03/2020 02/03/20 | Sold | $140,000 | -6.7% | $206 / Sq Ft |
| 12/30/2019 12/30/19 | Pending | -- | -- | -- |
| 12/30/2019 12/30/19 | For Sale | $150,000 | +50.2% | $221 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $99,900 | 0.0% | $147 / Sq Ft |
| 04/12/2018 04/12/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $99,900 | -- | $147 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $145,000 | Sage Title Group Llc | |
| Special Warranty Deed | $140,000 | Accommodation | |
| Deed | $99,900 | Gemini Title & Escrow Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,800 | New Conventional | |
| Previous Owner | $79,920 | New Conventional |
Source: Public Records
Similar Homes in Takoma Park, MD
Source: Bright MLS
MLS Number: MDMC2183382
APN: 13-03483401
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