116 Lee Ave
Takoma Park, MD 20912
2 bd 1 ba 948 sqft Built 1957 condos
Most recent sale
$215,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $215,000 | MLS #MDMC2042410 |
| Mar 17, 2022 | Listed | $220,000 | MLS #MDMC2042410 |
| Dec 5, 2007 | Sold | $255,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $180,000 | $2,403 |
| 2024 | — | — | $180,000 | $2,222 |
| 2023 | — | — | $160,000 | $2,053 |
| 2022 | — | — | $150,000 | $1,790 |
| 2021 | $98,000 | $42,000 | $140,000 | $1,624 |
| 2020 | — | — | $133,333 | $1,514 |
| 2019 | — | — | $126,667 | $1,404 |
| 2018 | $84,000 | $36,000 | $120,000 | $1,284 |
| 2017 | — | — | $116,667 | $1,260 |
| 2016 | $77,000 | $33,000 | $110,000 | $1,186 |
| 2015 | $77,000 | $33,000 | $110,000 | $1,180 |
| 2014 | — | — | $110,000 | $1,194 |
| 2013 | — | — | $110,000 | $2,370 |
| 2012 | — | — | $180,000 | $2,370 |
| 2011 | — | — | $180,000 | $2,291 |
| 2010 | — | — | $180,000 | $2,211 |
| 2009 | — | — | $270,000 | $3,563 |
| 2008 | — | — | $270,000 | $3,561 |
Property facts
Year built
1957
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
948 sqft
Lot size
—
ZIP code
20912
City
Takoma Park
Street
Lee Ave
Coordinates
38.98119, -77.00801
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,422
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Lee Ave last sell?
116 Lee Ave most recently sold on Apr 29, 2022 for $215,000.
What is the current tax assessment for 116 Lee Ave?
The most recent total assessment for 116 Lee Ave (year 2025) is $180,000 with $2,403 in property tax.
How does 116 Lee Ave's assessment compare to its last sale price?
The current assessment is 16.3% below the last sale price of $215,000.
When was 116 Lee Ave built?
116 Lee Ave was built in 1957.
How does 116 Lee Ave compare to others on Lee Ave?
We track 8 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Lee Ave?
116 Lee Ave is a 2 bed, 1 bath, 948 sqft condos.
Is 116 Lee Ave a flip candidate?
No — 116 Lee Ave does not appear in our flips dataset.
Is 116 Lee Ave a tax-appeal candidate?
No — 116 Lee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.5%
Implied 1-yr
+21.8%
2026 Q3
$1.01M
2026 Q4
$1.01M
ZIP 20912 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Ave