Lowest Priced Condo in City of Takoma Park - must sell. Regular sale. 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! Currently, the lowest priced condo in the City of Takoma Park, it is just 0.8 of a mile from Metro, and walking there is very feasible through the Historic District of the City! 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, lighted 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 - no steps or elevator are needed to enter this unit when you come from the parking lot entrance. A large laundry is found on the basement level. Pets are allowed in the building and are required to be registered with the Management Company. Great financing options are available; the condo is VA-approved, so veterans can buy for as little as zero down. 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 that 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!
Sold for $115,000
Street View
$115,000
116 Lee Ave APT 112, Takoma Park, MD 20912
1beds
704sqft
Condominium
Built in 1957
-- sqft lot
$120,100 Zestimate®
$163/sqft
$1,657 Estimated rent
Home value
$120,100
$114,000 - $126,000
$1,657/mo
Zestimate® history
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List your homeWhat's special
Ample lighted closetFresh neutral paint throughoutStainless steel appliancesStainless gas stoveMaple cabinetsBuilt-in microwaveGranite countertop kitchen
Zillow last checked:
Listing updated:
Listed by:
David Maplesden 202-270-7253,
Samson Properties,
Listing Team: Maplesden Group, Co-Listing Agent: Elliot C Barber 240-603-8401,
Samson Properties
Bought with:
Nancy Ricks, 71212
Realty Pros
Source: Bright MLS,MLS#: MDMC2209596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom 1
Bedroom 1
- Features: Flooring - Laminate Plank
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11 X 15
Bathroom 1
- Features: Bathroom - Tub Shower, Granite Counters, Flooring - Tile/Brick
- Level: Main
Dining room
- Features: Dining Area, Flooring - Laminate Plank, Lighting - LED, Lighting - Ceiling
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 X 11
Kitchen
- Features: Breakfast Bar, Granite Counters, Flooring - Vinyl, Kitchen - Gas Cooking
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8 X 9
Living room
- Features: Flooring - Laminate Plank
- Level: Main
- Area: 234 Square Feet
- Dimensions: 13 X 18
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Cooktop, Gas Water Heater
- Laundry: Common Area, Lower Level
Features
- Soaking Tub, Bathroom - Tub Shower, Dining Area, Floor Plan - Traditional, Kitchen - Gourmet
- Flooring: Laminate
- Windows: Double Pane Windows, Window Treatments
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 704
- Total interior livable area: 704 sqft
- Finished area above ground: 704
- Finished area below ground: 0
Property
Parking
- Total spaces: 53
- Parking features: Assigned, Parking Lot
- Details: Assigned Parking, Assigned Space #: 13
Accessibility
- Accessibility features: Accessible Hallway(s), Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalks, Street Lights
- Pool features: None
- Has view: Yes
- View description: City, Courtyard, Garden
Lot
- Features: Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 161303483401
- Zoning: CRT1.
- Zoning description: Residential Multi-Family Condominium
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Masonry
- Foundation: Brick/Mortar
- Roof: Unknown
Condition
- Very Good
- New construction: No
- Year built: 1957
- Major remodel year: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Fiber Optic, DSL
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Condo and coop fee: $820 monthly
- Subdivision: Takoma Park
HOA
- Has HOA: No
- Amenities included: Elevator(s), Fitness Center, Laundry, Reserved/Assigned Parking
- Services included: Air Conditioning, Common Area Maintenance, Gas, Heat, Water, Maintenance Structure, Insurance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash
- HOA name: Sherwood Condominium
Location
- Region: Takoma Park
- Municipality: City of Takoma Park
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $143,333
- Annual tax amount: $2,471
- Date on market: 12/2/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,Bank Portfolio,VA Loan
- Ownership: Fee Simple
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $115,000-8%$163/sqft |
Source:  Bright MLS #MDMC2209596 Report a problem | ||
| 4/29/2026 | Pending sale | $125,000$178/sqft |
Source: Bright MLS #MDMC2209596 Report a problem | ||
| 4/14/2026 | Contingent | $125,000$178/sqft |
Source: Bright MLS #MDMC2209596 Report a problem | ||
| 4/2/2026 | Price change | $125,000-3.8%$178/sqft |
Source: Bright MLS #MDMC2209596 Report a problem | ||
| 3/12/2026 | Price change | $130,000-13.3%$185/sqft |
Source: Bright MLS #MDMC2209596 Report a problem | ||
| 12/2/2025 | Listed for sale | $150,000$213/sqft |
Source: Bright MLS #MDMC2209596 Report a problem | ||
| 11/18/2025 | Listing removed | $150,000$213/sqft |
Source:  Long & Foster Broker Feed #MDMC2183382 Report a problem | ||
| 11/5/2025 | Price change | $150,000-3.2%$213/sqft |
Source: Bright MLS #MDMC2183382 Report a problem | ||
| 7/8/2025 | Price change | $154,900-3.1%$220/sqft |
Source: Bright MLS #MDMC2183382 Report a problem | ||
| 5/31/2025 | Listed for sale | $159,900+10.3%$227/sqft |
Source: Bright MLS #MDMC2183382 Report a problem | ||
| 10/4/2021 | Sold | $145,000+3.6%$206/sqft |
Source: Bright MLS #MDMC2009722 Report a problem | ||
| 2/12/2020 | Sold | $140,000-6.7%$199/sqft |
Source: Public Record Report a problem | ||
| 12/25/2019 | Pending sale | $150,000$213/sqft |
Source: Smart Realty, LLC #MDMC690686 Report a problem | ||
| 12/2/2019 | Price change | $150,000-9.1%$213/sqft |
Source: Smart Realty, LLC #MDMC690686 Report a problem | ||
| 11/20/2019 | Listed for sale | $165,000+65.2%$234/sqft |
Source: Smart Realty, LLC #MDMC690686 Report a problem | ||
| 5/23/2018 | Sold | $99,900$142/sqft |
Source: Public Record Report a problem | ||
| 4/2/2018 | Listed for sale | $99,900$142/sqft |
Source: 1st Investors Realty, Inc. #1000317434 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,471 +3.6% | $143,333 +2.4% |
| 2024 | $2,385 +11.9% | $140,000 +12% |
| 2023 | $2,131 +17.9% | $125,000 +13.6% |
| 2022 | $1,808 +15.9% | $110,000 +15.8% |
| 2021 | $1,560 +1.7% | $95,000 +1.8% |
| 2020 | $1,533 +3.7% | $93,333 +3.7% |
| 2019 | $1,478 +0.5% | $90,000 |
| 2018 | $1,470 -5.4% | $90,000 |
| 2017 | $1,554 -29.2% | $90,000 |
| 2016 | $2,194 | $90,000 |
| 2015 | $2,194 | $90,000 |
| 2014 | $2,194 | $90,000 |
| 2013 | -- | $90,000 -30.8% |
| 2012 | -- | $130,000 |
| 2011 | -- | $130,000 -13.3% |
| 2010 | -- | $150,000 -30.2% |
| 2009 | -- | $215,000 +15.2% |
| 2008 | -- | $186,666 +17.9% |
| 2007 | -- | $158,333 +21.8% |
| 2006 | -- | $130,000 +14.1% |
| 2005 | -- | $113,966 |
Find assessor info on the county website
Neighborhood: 20912
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Nearby schools
GreatSchools rating
- 7/10Piney Branch Elementary SchoolGrades: 3-5Distance: 0.1 mi
- 8/10Takoma Park Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Montgomery Blair High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Takoma Park
- Middle: Takoma Park
- High: Montgomery Blair
- District: Montgomery County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$120,100
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Estimated market value
$120,100
- Maryland
- Montgomery County
- Takoma Park
- 20912
- 116 Lee Ave Apartment 112
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