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116 LEE AVENUE #501TAKOMA PARK, MD 20912

Condo · 1 Bed · 1 Full Bath · 739 Sq. ft.
$139,000 ACTIVE

116 LEE AVENUE #501 Overview

Time on Site:
48 days
Visits:
2

Welcome to this beautifully maintained top floor one-bedroom condo offering an impressive living room that flows seamlessly into a dedicated dining area — an ideal layout for both everyday living and entertaining. Hardwood floors run throughout, complemented by crown molding and ceiling fans that add a classic, polished touch. The updated kitchen features warm honey-toned cabinetry, gleaming granite countertops, stainless steel appliances, plus a convenient pass-through breakfast bar that opens to the dining room. Natural light pours in through the kitchen window with lovely tree-top views. Additional highlights include a large walk-in closet off the hallway, multiple exposures bringing in abundant natural light, and serene neighborhood views from every window. Steps from the vibrant shops, restaurants, and parks.

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116 LEE AVENUE #501 Facts & Features

  • Type Condo
  • Sq. ft. 739
  • Price/Sq.ft. $188

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee 2: 858.61
  • Association Fee 2 Frequency: Monthly
  • Association Fee Includes: Gas, Heat, Snow Removal, Trash
  • Association: No
  • Condo/Coop Association: Yes

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Builder Name: Sherwood
  • Building Name: SHERWOOD
  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 739
  • Year Built: 1957

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: Yes
  • Subdivision Name: TAKOMA PARK

Parking Information

  • # of Assigned Spaces: 1
  • Total Parking Spaces: 1
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax: 791.48
  • City/Town Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,471.29
  • Tax Assessed Value: 143333.00
  • Tax Year: 2026

General Information

  • Property Type: Residential
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RESIDENTIAL

Interior

Building Information

  • Cooling Fuel: Other
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 0
  • Bathrooms Half Main Level: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Exterior/Construction

  • Structure Type: Unit/Flat/Apartment

Building Interior

  • Above Grade Finished Area: 739
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Elevator
  • Basement: No
  • Cooling: Convector
  • Entry Level: 2
  • Levels: 5
  • Living Area: 739
  • Living Area Source: Estimated
  • Main Level Bathrooms: 1.00
  • Main Level Bedrooms: 1
  • Rooms Total: 5

Unit Information

  • Unit Number: 501

Room Information

  • Room List: Living Room,Dining Room,Kitchen,Bedroom 1,Bathroom 1

Exterior

Parking Information

  • Parking Features: Assigned

Lot Information

  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Block

General Information

  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Water Access: No

116 LEE AVENUE #501 Neighborhood

Community

20912 (TAKOMA PARK) Demographics

36
Median Age
9,382
Population Density (per sq. mile)
57%
College Educated
$68,662
Estimated Median Income
3,782
Estimated Total Home Owners
5,545
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

116 LEE AVENUE #501 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

116 LEE AVENUE #501 Market Data

Based on the last 30 days in this zip code

$603,583
Average List Price
$349
Average Price per Square Foot
16
Properties Sold
71
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

116 LEE AVENUE #501 History

Date Event Value Agent
5/13/2026Source: BRIGHT MLS Status Change
ACTIVE
5/12/2026Source: BRIGHT MLS Added to Database
May 12, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 08, 2022
Listing provided courtesy of Perennial Real Estate- MLS# MDMC2224480MLS ProviderContact Information: [email protected] - 3014506999