Bought with Javier Erasmo Garza • Perennial Real Estate
$140,000
$140,000
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116 LEE AVE #303 Takoma Park, MD 20912
2 Beds
1 Bath
944 SqFt
Key Details
Sold Price $140,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 944 sqft
Price per Sqft $148
Subdivision Takoma Park
MLS Listing ID MDMC2242294
Sold Date 06/23/26
Style Traditional
Bedrooms 2
Full Baths 1
Condo Fees $1,195/mo
HOA Y/N N
Abv Grd Liv Area 944
Year Built 1957
Annual Tax Amount $3,011
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
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!
Location
State MD
County Montgomery
Zoning RESIDENTIAL
Direction East
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
Main Level Bedrooms 2
Interior
Interior Features Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Elevator, Floor Plan - Open, Kitchen - Gourmet, Walk-in Closet(s), Wood Floors
Hot Water Natural Gas
Heating Convector
Cooling Convector, Central A/C
Flooring Hardwood, Terrazzo
Equipment Built-In Microwave, Stove, Dishwasher, Disposal, Freezer, Oven/Range - Gas, Stainless Steel Appliances
Furnishings No
Fireplace N
Window Features Double Pane
Appliance Built-In Microwave, Stove, Dishwasher, Disposal, Freezer, Oven/Range - Gas, Stainless Steel Appliances
Heat Source Natural Gas
Laundry Common
Exterior
Garage Spaces 1.0
Parking On Site 1
Utilities Available Natural Gas Available, Water Available, Sewer Available
Amenities Available Elevator
Water Access N
View Garden/Lawn, Street
Street Surface Black Top
Accessibility Level Entry - Main
Road Frontage City/County
Total Parking Spaces 1
Garage N
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Above Ground Finished SqFt 944
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Takoma Park
Middle Schools Takoma Park
High Schools Montgomery Blair
School District Montgomery County Public Schools
Others
Pets Allowed Y
HOA Fee Include Water,Sewer,Heat,Gas,Trash,Lawn Maintenance,Snow Removal,Air Conditioning,Common Area Maintenance,Ext Bldg Maint,Lawn Care Front,Management,Reserve Funds
Senior Community No
Tax ID 161303483558
Ownership Condominium
SqFt Source 944
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, Other, VA
Listing Terms Cash, Conventional, Other, VA
Financing Cash,Conventional,Other,VA
Special Listing Condition Short Sale
Pets Allowed Size/Weight Restriction, Number Limit
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