Back 112/116 Lee Avenue
Off Market

112/116 Lee Avenue

Takoma Park MD 20912

1
1
53
704 sq. ft.
Condo
Last sold for $115,000
David MaplesdenDavid Maplesden, last sold this property on 30 April 2026 after 334 days on market.

Overview

Lowest Priced Condo in City of Takoma Park - must sell. Regular sale. Located around the corner from the City Town Hall, Library, Police Station, and a short stroll to the schools and Sligo Creek Park, this 704 square foot condominium is in a super convenient location that is ideal for strolling to places you want to be! Currently, the lowest priced condo in the City of Takoma Park, it is just 0.8 of a mile from Metro, and walking there is very feasible through the Historic District of the City! Up the hill, around the corner, is the recently remodeled Takoma Food Coop (with great organic choices), and many restaurants in the Historic District are a short distance away. Recent Laminated Tile floors greet you in the living/dining room, which is open plan. There is fresh neutral paint throughout. The granite countertop kitchen features stainless steel appliances and maple cabinets, and a serving counter with room for pull-up chairs. The stainless gas stove is sure to have you reaching for the recipe books. A dishwasher, built-in microwave, disposal, and refrigerator are also a bonus. The roomy living room sports a large south-facing picture window overlooking single-family gardens, bringing good light, especially on the short winter afternoons. The dining "L" is ample size - plenty of room for a full-sized table! The updated bathroom greets you in the hallway with custom tile. The roomy bedroom can fit a king-size bed and has an ample, lighted closet. The condo fee is $768.,48 per month, which includes your heating, Central Air Conditioning, hot water, water and sewer, and building maintenance. You only pay for electric lights, which the seller states is around $20 per month! Though a car may not be needed, you do get an individual parking space #13 on the side of the building, conveniently close to the Lower Level Side Entrance - no steps or elevator are needed to enter this unit when you come from the parking lot entrance. A large laundry is found on the basement level. Pets are allowed in the building and are required to be registered with the Management Company. Great financing options are available; the condo is VA-approved, so veterans can buy for as little as zero down. The City of Takoma Park offers first-time buyers the Home Stretch program that 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 (see listing agent for details). Other lender programs are offering similar or larger sums that are available. This is a smoke-free building. 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 outlook!

Features

1 bedroom
1 bathroom
53 carspaces
704 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Takoma Park over the last 12 months, the estimated median property value of 112/116 Lee Avenue is $185k.

Median value
$185k
Estimated value range
$115k - $201.9k
Median days on market
34
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Takoma Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 112/116 Lee Avenue

2026
Sold
$115,000
30 Apr 2026 by David Maplesden, of Samson Properties
2021
Sold
$145,000
04 Oct 2021 by Emily Cottone, of Redfin Corp
2020
Sold
$140,000
03 Feb 2020 by Jairzinho Tyson, of Smart Realty, LLC

Happy sellers in Takoma Park

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We have insufficient information to provide an overview of customer satisfaction for Takoma Park. Viewing the agent profiles, reviews and sales for Takoma Park can provide insights for this location.

Local market activity for 1 bedroom condos in Takoma Park

In the last 12 months, 9 one-bedroom condos similar to 112/116 Lee Avenue, have been sold.

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