116 LEE AVENUE Takoma Park, MD $ 199,900
116 LEE AVENUE
$ 199,900
Price Reduced
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116 LEE AVENUE

Takoma Park, MD, 20912
$ 199,900
Bedrooms2 Baths1.0 Sq 966

Monthly Estimate*

$ 1,396

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Condo for sale in Takoma Park, MD

for $199,900 with 2 bedrooms and 1 full bath. This 966 square foot condo was built in 1957.

Situated around the corner from the City Town Hall, Library, Police Station and a short stroll to the elementary and middle schools and Sligo Creek Park w/miles of hike/bike trails, this 966 square foot condominium is in a super convenient location that is ideal for walking 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 Takoma Food Coop (with great organic choices), and many restaurants in the Historic District are a short distance away. Pretty oak hardwood floors greet you in the well-sized east-facing living/dining room which is an excellent viewing platform to view the July 4th City Firework display. The kitchen features stainless appliances and maple cabinets. The stainless gas stove is the preference of most who like to cook. A dishwasher, built-in microwave, disposal, and refrigerator are also an added bonus. The large double-pane windows bring great light, especially on the short winter afternoons. The dining "L" is an ample size - plenty of room for a full-sized table! The updated bathroom with a reglazed tub greets you in the hallway with custom tile. The roomy bedrooms and hallway have custom mirrored closets with lights in them. You can fit a king-size bed in the larger bedroom with ease and it has windows on two sides. There are oak hardwood floors throughout the condo. Great value in the $785 per month condo fee that includes heating, Central Air Conditioning, hot water, water and sewer, and building maintenance. You only pay for electric lights! A large laundry is found on the basement level. Pets are allowed in the building and should be registered with the condo. Recent improvements include a fresh coat of paint throughout the entire unit. This is a smoke-free building. Great financing options are available; Fannie Mae/Freddie Mac & the condo is VA approved so veterans can buy for as little as zero down. Conventional low-down-payment financing is also available (subject to lender requirements). The City of Takoma Park offers first-time buyers the Home Stretch program which 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 (contact listing agent for details). 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 western view of the City of Takoma Park! Great value!

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Condo Active

Price

$ 199,900

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 2,483

Tax Municipality

City of Takoma Park

Style

Contemporary

Year Built

1957

Town/City

Takoma Park

County/Region

Montgomery

MLS | Web ID

MDMC2107254

Unit

503

Features
Room Sizes
Bathroom
Bedroom (18 X 12)
Bedroom (13 X 11)
Dining Room (11 X 9)
Kitchen (8 X 8)
Living Room (19 X 12)
Interior
Amenities Common Laundry
Appliances Dishwasher Gas Oven/Range Range Hood Stove
Cooling System Ceiling Fan(s) Central Air Electric Cooling
Flooring Hardwood Floors Wood Floors
Furnished No
Heating Source Natural Gas
Heating System Forced Air Hot Water Heater: Gas
Interior 9' + Ceilings Elevator(s) Walls: Dry Wall
Room Features Dining Area
Sewer Public Sewer Sewer
Water Source Public Water
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Exterior
Community Amenities Elevator Exercise Room Laundry Facility Shared Laundry
Construction Brick
Exterior Double Paned Windows
Land Improvements Street Lights
Parking Parking Lot
Zoning Not in Flood Zone
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Miscellaneous
Accessibility Ramp
Association Fee Monthly
Location Near Airport
Maintenance Fee Includes Air Conditioning Common Area Custodial Services Maint. Exterior Maintenance Gas Heat Insurance Lawn Care Reserve Fund Sewer Snow Removal Trash/Garbage Pickup Water
Other Condo Association
Public Transportation Location Close to Bus Near Subway
Restrictions Cats Allowed Dogs Allowed Pet Restrictions Pets Allowed Pets Allowed: Limited Number
Utilities Electric Natural Gas Phone Line Available Water
View City View Garden View
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

elliotbarber@gmail.com

Email

Affordability Calculator

$1,603
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,396
Monthly Property Taxes
$207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
SHERWOOD CODM Community
MONTGOMERY COUNTY PUBLIC SCHOOLS School District
PINEY BRANCH Elementary School
TAKOMA PARK Middle School
MONTGOMERY BLAIR High School
Pricing History
DatePricePrice ChangeDescription
11/28/2023$199,900 -1.77% Price Down
9/14/2023$203,500 Listed Price

Map


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116 LEE AVENUE, Takoma Park, MD, 20912 is a Condo for sale at $199,900 with 966 sqft. 116 LEE AVENUE has 2 bedrooms, 1.0 baths, and was built in 1957. The property's zip code is 20912 which is in Takoma Park, MD