116 Lee Avenue # 303 Takoma Park, MD $ 140,000
116 Lee Avenue # 303
$ 140,000
Open House 12/7 1pm - 3pm
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116 Lee Avenue # 303

Takoma Park, MD, 20912
$ 140,000
Bedrooms2 Baths1.0 Sq 944

Monthly Estimate*

$ 873

116 Lee Avenue # 303, Takoma Park, MD 20912 - Image 1
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Condo for sale in Takoma Park, MD

for $140,000 with 2 bedrooms and 1 full bath. This 944 square foot condo was built in 1957.

Welcome to The Sherwood a hidden gem 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 closet storage. The Sherwood is a well-maintained, pet-friendly building with secure entry, on-site laundry, and assigned parking. Located just minutes from the vibrant downtown Takoma Park shops, restaurants, and farmers market, and only a short walk to the Takoma Metro Station commuting to DC is a breeze. Condo fee includes heat, water, and gas. The Sherwood condo is approved for VA (Veteran) financing with as little as zero down payment. It is also approved through 1/15/26 for low down payment and special financing programs for first-time homebuyers through Fannie Mae loans with as low as 3% downpayments and the chance for additioinal thousands in grants/closing help via first time home loan programs. Dont miss your chance to own a piece of Takoma Park charm in one of the areas most desirable communities!

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Open House

12/7/2025 1:00 PM - 3:00 PM
116 Lee Avenue # 303 Takoma Park, MD
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 140,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 3,010

Style

Traditional

Year Built

1957

Town/City

Takoma Park

County/Region

Montgomery

MLS | Web ID

MDMC2189044

Features
General
Living Area 944
Sewer Public Sewer
Heating Radiator
Cooling Convector
Possession Settlement Negotiable
Appliances Built-In Microwave Stove Refrigerator
Zoning R10
Association Fee Includes Water Sewer Heat Gas Trash Lawn Maintenance Snow Removal
Architectural Style Traditional
Security Features Main Entrance Lock
Construction Materials Brick
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1957
Levels 5
Unit Number 303
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Municipality City of Takoma Park
Building Name SHERWOOD CODM
Accessibility Level Entry - Main
HOA Fee 2 1028.00
County MONTGOMERY
New Construction N
Property Type Residential
Association Amenities Elevator
HOA N
Subdivision Name TAKOMA PARK
Facing Direction East
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Maple Avenue to Lee - park in spot #4 or on the street.
City TAKOMA PARK
Disclosures Prop Disclosure
Senior Community Y/N N
HOA Fee 2 Frequency Monthly
Tax Annual Amount 3010.0
Home Warranty Y/N Y
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 148.31
Acceptable Financing Cash Conventional Other
Additional Parcels Y/N N
Historic Y/N N
Vacation Rental Y/N N
Virtual Tour https://tour.truplace.com/property/322/136324/
Standard Status Active
Year Built Source Assessor
Legal Subdivision SHERWOOD CODM
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 944
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 2
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Common
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Pool No Pool
Parking Features Assigned
Water Source Public
Type of Parking Parking Lot
Spa N
Water View Y/N N
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 55500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

elliotbarber@gmail.com

Email

Affordability Calculator

$1,124
Per Month
78%
22%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3533624 Elementary School
3533734 Middle School
Montgomery Blair High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$140,000 -6.67% Price Down
10/9/2025$150,000 -9.09% Price Down
7/10/2025$165,000 Listed Price

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116 Lee Avenue # 303, Takoma Park, MD, 20912 is a Condo for sale at $140,000 with 944 sqft. 116 Lee Avenue # 303 has 2 bedrooms, 1.0 baths, and was built in 1957. The property's zip code is 20912 which is in Takoma Park, MD