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$136,000
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Property Description
Welcome home to the heart of one of Maryland's most beloved communities. Nestled in the vibrant and walkable Takoma Park neighborhood, this well-maintained one-bedroom, one-bathroom condo offers an ideal blend of comfort, convenience, and community. Unit #108 is a ground-level retreat featuring a spacious living area perfect for relaxing or entertaining, an efficient kitchen designed to maximize every inch, and generous closet storage throughout. The Sherwood Condominium delivers the essentials that matter most: secure entry for peace of mind, assigned parking, and shared laundry facilities on-site. And here's a detail that truly sets this listing apart - the monthly condo fee covers all utilities, including heat, hot water, water/sewer, and gas. For our nation's Veterans and active-duty service members the Sherwood Condominium is VA-financing approved. Whether you're a first-time buyer, a savvy investor, or simply looking to right-size without sacrificing location, this unit checks every box. Step outside and you're already living the Takoma Park lifestyle. Stroll to the Takoma Park Community Center, browse the boutiques and grab a coffee along the iconic Main Street Takoma shopping district, or lace up your shoes and hit the miles of scenic trails winding through Sligo Creek Park. The neighborhood's tree-lined streets and active green spaces make every day feel a little more vibrant. Commuters will love the direct access to Washington, DC via the Takoma Metro Station and RideOn bus lines, while major commuter routes keep the broader region easily within reach. And when the weekend arrives, there's no shortage of ways to connect with the community: weekly farmers markets, a beloved local co-op, lively street fairs, and the celebrated annual folk music festival are all part of the fabric here. Takoma Park is a neighborhood with genuine character. Its diverse, artistic atmosphere is reflected in an eclectic dining scene, a recently reconstructed public library, a modernized Community Center, and a creative energy. Value, access, and community all in one address. This is Takoma Park living at its most attainable.
Full Property Details
Full Property Details for 116 Lee Ave #108
General
- Price: $136,000
- HOA FEE: $703/month
- Taxes: $1,960 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC2209392
- Updated: 3/11/2026
- Added to Site: 126 day(s) ago
Interior
- Flooring: Carpet, Luxury Vinyl Plank, Tile/Brick
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Additional Information
- Shared Amenities: Elevator
Parking
- Total Spaces: 1
- Parking Features: General Common Elements, Parking Space Conveys, Paved Parking
- Parking Type: Parking Lot
Location
- Municipality: City of Takoma Park
- County: MONTGOMERY
- Subdivision: THE SHERWOOD
- Building Name: SHERWOOD CODM
- Driving Directions: Use GPS! If you’re coming from the Beltway (I-495), take Exit 28 toward New Hampshire Ave/MD-650 south, continue about a mile, then turn right onto Lee Ave — the building will be on your right. Park in #31 or down the street.
- City Limits: Yes
School Information
- School District: Montgomery County Public Schools
- Elementary School: Piney Branch
- Middle School: Takoma Park
- High School: Montgomery Blair
Community
- Assoc. Fees Include: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash, Water
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Other, Wall Unit
- Cooling Fuel: Other
- Heating Type: Hot Water, Wall Unit
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick
- Entry Floor Number: 1
- Stories Description: Main
- Square Feet: 606
- Sq. Ft. Source: Estimated
- Living Area: 606 Sq. Ft.
- Finished Above Grnd: 606 Sq. Ft.
- Year Built: 1957
- Year Built Source: Assessor
Lot Features
- Zoning: CRT1
Financial Considerations
- Price Per Sq. Ft.: $224.42
- Condo Fee: $703
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- City/TownTax: $625
- City/TownTax Freq: Annually
- County Tax: $1,305
- County Tax Freq: Annually
- Tax w/Assessment: $113,333
- Tax Amount: $1,960
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 606
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Listed by Fathom Realty MD, LLC, Donald C. Perrin
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Schools
Schools serving 116 Lee Ave #108
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
Piney Branch Elementary School, Takoma Park, MD 7510 Maple Avenue, Takoma Park, MD 20912 | 3-5 | 0.1 mi |
Takoma Park Elementary School 7511 Holly Avenue, Takoma Park, MD 20912 | PK-2 | 0.3 mi |
Takoma Park Middle School 7611 Piney Branch Rd, Silver Spring, MD 20910 | 6-8 | 0.4 mi |
Montgomery Blair High School 51 University Boulevard East, Silver Spring, MD 20901 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Lee Ave #108
Date
Details
Price
Change
Source
3/11/2026
Price Reduced
$136,000
-6.21%
MLS
12/04/2025
Listed
$145,000
33.95%
MLS
10/15/2019
Sold
$108,248
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Lee Ave #108
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,268
-30%
$113,333
8%
2024
$1,808
150%
$105,000
11%
2022
$723
-48%
$95,000
12%
2022
$1,397
22%
$85,000
13%
2018
$1,144
110%
$75,000
2%
2021
$544
-55%
$73,333
2%
2020
$1,198
2%
$71,667
2%
2019
$1,169
-2%
$70,000
—
2018
$1,192
-3%
$70,000
—
2017
$1,230
1%
$70,000
—
2016
$1,216
—
$70,000
—
2015
$1,219
-1%
$70,000
—
2014
$1,227
—
$70,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Lee Ave #108
116 Lee Avenue #108, Takoma Park, MD 20912 (MLS# MDMC2209392) is a Condo property with 1 bedroom and 1 full bathroom. 116 Lee Avenue #108 is currently listed for $136,000 and was received on December 04, 2025. Want to learn more about 116 Lee Avenue #108? Do you have questions about finding other Condo real estate for sale in Takoma Park? You can browse all Takoma Park real estate or contact a Coldwell Banker agent to request more information.

