Welcome to The Sherwood – located at a central location in the heart of Takoma Park! This charming 2-bedroom, 1-bathroom condo offers the perfect blend of comfort, convenience, and character. Nestled on a quiet, tree-lined street, this sun-filled unit features hardwood floors throughout, a spacious living and dining area, and an updated kitchen with ample cabinet space. Both bedrooms are generously sized with great mirrored closet storage. It has a lot of closet storage, including a large walk-in closet near the entrance. The Sherwood is a pet-friendly building (registration is required) with secure entry, on-site laundry, and an assigned parking space #4 under the primary bedroom window. Located just minutes from the vibrant downtown Takoma Park shops, restaurants, and farmer’s market, and only a short walk to the Takoma Metro Station – commuting to downtown Washington, D.C. is a breeze. Condo fee includes heat, hot water, water/sewer, and gas. The Sherwood condo is approved for VA (Veteran) financing with as little as zero down payment. Special financing programs for first-time homebuyers may be available through Fannie Mae loans with as low as 3% down, and the chance for a grant toward closing costs via first-time home loan programs (subject to Fannie Mae financing renewal 1-26). The condo roof was replaced in 2025. This is currently the cheapest entry price for a 2BR property in the popular City of Takoma Park! Don’t miss your chance to own a piece of Takoma Park, one of the area’s most sought-after communities!
Sold for $140,000
$140,000
116 Lee Ave APT 303, Takoma Park, MD 20912
2beds
944sqft
Condominium
Built in 1957
-- sqft lot
$139,500 Zestimate®
$148/sqft
$2,038 Estimated rent
Home value
$139,500
$128,000 - $151,000
$2,038/mo
Zestimate® history
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Est. payment
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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:
Javier Garza, 5002490
Perennial Real Estate
Source: Bright MLS,MLS#: MDMC2242294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
Bedroom 1
- Features: Flooring - HardWood
- Level: Main
- Area: 209 Square Feet
- Dimensions: 11 X 19
Bedroom 2
- Features: Flooring - HardWood
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 X 12
Bathroom 1
- Features: Flooring - Terrazzo
- Level: Main
Dining room
- Features: Flooring - HardWood
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8 X 10
Kitchen
- Features: Flooring - Terrazzo, Granite Counters, Countertop(s) - Solid Surface, Kitchen - Gas Cooking, Track Lighting, Breakfast Bar
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8 X 8
Living room
- Features: Walk-In Closet(s), Flooring - HardWood
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12 X 19
Heating
- Convector, Natural Gas
Cooling
- Convector, Central Air, Electric
Appliances
- Included: Microwave, Cooktop, Dishwasher, Disposal, Freezer, Oven/Range - Gas, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Common Area
Features
- Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Elevator, Open Floorplan, Kitchen - Gourmet, Walk-In Closet(s)
- Flooring: Hardwood, Terrazzo, Wood
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 944
- Total interior livable area: 944 sqft
- Finished area above ground: 944
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Lot, Off Site
- Details: Assigned Parking, Assigned Space #: 4
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Sidewalks
- Pool features: None
- Has view: Yes
- View description: Garden, Street
Lot
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 161303483558
- Zoning: RESIDENTIAL
- Zoning description: Residential
- Special conditions: Short Sale
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Excellent
- New construction: No
- Year built: 1957
- Major remodel year: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Available, Sewer Available, Fiber Optic, DSL
Community & HOA
Community
- Security: Main Entrance Lock
- Condo and coop fee: $1,195 monthly
- Subdivision: Takoma Park
HOA
- Has HOA: No
- Amenities included: Elevator(s)
- Services included: Water, Sewer, Heat, Gas, Trash, Maintenance Grounds, Snow Removal, Air Conditioning, Common Area Maintenance, Maintenance Structure, Lawn Care Front, Management, Reserve Funds
Location
- Region: Takoma Park
- Municipality: City of Takoma Park
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $170,000
- Annual tax amount: $3,011
- Date on market: 6/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other,VA Loan
- Ownership: Condominium
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $140,000$148/sqft |
Source:  Bright MLS #MDMC2242294 Report a problem | ||
| 5/15/2026 | Listed for sale | $140,000$148/sqft |
Source: Bright MLS #MDMC2212172 Report a problem | ||
| 5/7/2026 | Contingent | $140,000$148/sqft |
Source: Bright MLS #MDMC2212172 Report a problem | ||
| 1/3/2026 | Listed for sale | $140,000$148/sqft |
Source: Bright MLS #MDMC2212172 Report a problem | ||
| 1/1/2026 | Listing removed | $140,000$148/sqft |
Source:  Long & Foster Broker Feed #MDMC2189044 Report a problem | ||
| 11/5/2025 | Price change | $140,000-6.7%$148/sqft |
Source: Bright MLS #MDMC2189044 Report a problem | ||
| 10/9/2025 | Price change | $150,000-9.1%$159/sqft |
Source: Bright MLS #MDMC2189044 Report a problem | ||
| 7/10/2025 | Listed for sale | $165,000-12.9%$175/sqft |
Source: Bright MLS #MDMC2189044 Report a problem | ||
| 12/31/2021 | Listing removed | $189,500$201/sqft |
Source: Bright MLS #MDMC2015318 Report a problem | ||
| 11/15/2021 | Price change | $189,500-3.1%$201/sqft |
Source: Bright MLS #MDMC2015318 Report a problem | ||
| 10/24/2021 | Price change | $195,500-9%$207/sqft |
Source: Bright MLS #MDMC2015318 Report a problem | ||
| 9/21/2021 | Price change | $214,900-2.3%$228/sqft |
Source: Bright MLS #MDMC2015318 Report a problem | ||
| 9/8/2021 | Listed for sale | $220,000-17%$233/sqft |
Source: Bright MLS #MDMC2015318 Report a problem | ||
| 6/18/2013 | Listing removed | $1,800$2/sqft |
Source: Long & Foster Real Estate #MC8098354 Report a problem | ||
| 6/4/2013 | Listed for rent | $1,800$2/sqft |
Source: Long & Foster Real Estate #MC8098354 Report a problem | ||
| 7/5/2007 | Sold | $265,000$281/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,011 +4% | $175,000 +2.9% |
| 2024 | $2,896 +6.2% | $170,000 +6.3% |
| 2023 | $2,727 +10.6% | $160,000 +6.7% |
| 2022 | $2,465 +7.2% | $150,000 +7.1% |
| 2021 | $2,299 +5% | $140,000 +5% |
| 2020 | $2,191 +11.1% | $133,333 +11.1% |
| 2019 | $1,971 +0.5% | $120,000 |
| 2018 | $1,961 -1.8% | $120,000 +2.9% |
| 2017 | $1,996 -12.9% | $116,667 +2.9% |
| 2016 | $2,291 | $113,333 +3% |
| 2015 | $2,291 | $110,000 |
| 2014 | $2,291 | $110,000 |
| 2013 | -- | $110,000 -38.9% |
| 2012 | -- | $180,000 |
| 2011 | -- | $180,000 |
| 2010 | -- | $180,000 -33.3% |
| 2009 | -- | $270,000 +12.5% |
| 2008 | -- | $240,000 +14.3% |
| 2007 | -- | $210,000 +16.7% |
| 2006 | -- | $180,000 +13.9% |
| 2005 | -- | $157,966 |
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
$139,500
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Estimated market value
$139,500
- Maryland
- Montgomery County
- Takoma Park
- 20912
- 116 Lee Ave Apartment 303
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