116 Lee Avenue # 303 Takoma Park, MD $ 140,000
116 Lee Avenue # 303
$ 140,000
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116 Lee Avenue # 303

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

Monthly Estimate*

$ 862

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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 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 closet storage. 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 farmers 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. 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% down and the chance for a grant toward closing help via first-time home loan programs. The condo roof was replaced in 2025. This is the cheapest entry price into the popular City of Takoma Park! Dont miss your chance to own a piece of Takoma Park, one of the areas most sought-after communities!

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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

MDMC2212172

Features
General
Living Area 944
Sewer Public Sewer
Heating Convector
Cooling Convector Central A/C
Utilities Natural Gas Available Water Available Sewer Available
Possession 61-90 Days CD
Appliances Built-In Microwave Stove Dishwasher Disposal Freezer Oven/Range - Gas Stainless Steel Appliances
Zoning R10
Association Fee Includes Water Sewer Heat Gas Trash Lawn Maintenance Snow Removal Air Conditioning Common Area Maintenance Ext Bldg Maint Lawn Care Front Management Reserve Funds
Architectural Style Traditional
Security Features Main Entrance Lock
Construction Materials Brick
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1957
View Garden/Lawn Street
Levels 5
Unit Number 303
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality City of Takoma Park
Building Name SHERWOOD CODM
Accessibility Level Entry - Main
HOA Fee 2 1097.00
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
Senior Community Y/N N
Number Of Units Total 1
HOA Fee 2 Frequency Monthly
Tax Annual Amount 3010.0
Home Warranty Y/N N
Property Condition Excellent
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
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://mls.truplace.com/Property/3633/136324
Standard Status Active
Year Built Source Assessor
Legal Subdivision SHERWOOD CODM
Association Recreation Fee N
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Interior
Interior Amenities Bathroom - Tub Shower Breakfast Area Combination Kitchen/Living Elevator Floor Plan - Open Kitchen - Gourmet Walk-in Closet(s) Wood Floors
Heating Fuel Natural Gas
Flooring Hardwood Terrazzo
Hot Water Natural Gas
Common Walls 2+ Common Walls 2+ Common Walls
Basement (Y/N) N
Heating Y/N Y
Window Features Double Pane
Fireplace Y/N N
Above Grade Finished Area 944
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 3
Room Type Living Room Dining Room Bedroom 2 Kitchen Bedroom 1 Bathroom 1
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
Exterior Amenities Exterior Lighting Sidewalks
Pool No Pool
Parking Features Assigned
Water Source Public
Type of Parking Parking Lot Off Site
Spa N
Water View Y/N N
Waterfront Y/N N
Road Responsibility City/County
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
Samson Properties

Broker

maplesden@gmail.com

Email

Affordability Calculator

$1,113
Per Month
77%
23%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/4/2026$140,000 Listed Price

Map


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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