Seller's Agent in 2017
Coley Reed
Long & Foster
(301) 674-2829
19 in this area
587 Total Sales
10220 Democracy Blvd Potomac, MD 20854
Estimated Value: $1,919,408 - $2,314,000
5
Beds
6
Baths
5,006
Sq Ft
$435/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- 2.03 Acre Lot
- 3 Fireplaces
- Seven Locks Elementary School Rated A
- Colonial Architecture
- No HOA
About This Home
As of September 2017Spectacular home featuring stunning design choices and finishing touches. Entertainers dream! Five bedrooms, four full and two half baths, three stone fireplaces. Daylight, walk-out lower level, three car garage, Professionally landscaped two + acresGated circular driveway with call box. Separate, currently zoned for professional, suite with three rooms and a half bath.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #99254 Listed on: 04/28/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,529
Year Built
- Built in 1995
Lot Details
- 2.03 Acre Lot
- Property is zoned RE2
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- 3 Fireplaces
- Finished Basement
- Exterior Basement Entry
- Security Gate
- Eat-In Gourmet Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Schools
- Seven Locks Elementary School
- Cabin John Middle School
- Winston Churchill High School
Utilities
- Cooling System Utilizes Natural Gas
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Camotop Subdivision
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number 161003095841
- $969 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2017
Closed on
Sep 29, 2017
Sold by
Lynoti Joseph A and The Cvc Irrevocable Trust
Bought by
Yoon Chung Yoon and Yoon Kyung Chung
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$1,645,000
Sold Price
$1,475,000
Premium/Discount to List
-$170,000
-10.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,852
Avg. Annual Appreciation
4.31%
Original Mortgage
$370,000
Outstanding Balance
$211,009
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$1,853,322
Purchase Details
Closed on
May 4, 2010
Sold by
Duke Mary Ann
Bought by
Deutsche Bank National Tr Co
Purchase Details
Closed on
May 10, 2002
Sold by
Duke Mary A
Bought by
Duke Mary Ann
Purchase Details
Closed on
Jul 17, 1995
Sold by
Midahar Associates I
Bought by
Holmvik Tom A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
7.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yoon Chung Yoon | $1,475,000 | None Available | |
| Deutsche Bank National Tr Co | $1,530,000 | -- | |
| Duke Mary Ann | -- | -- | |
| Holmvik Tom A | $955,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yoon Chung Yoon | $370,000 | |
| Previous Owner | Duke Mary A | $1,500,000 | |
| Previous Owner | Duke Mary A | $450,000 | |
| Previous Owner | Duke Maryann | $250,000 | |
| Previous Owner | Holmvik Tom A | $764,000 | |
| Closed | Holmvik Tom A | $67,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2017 09/29/17 | Sold | $1,475,000 | -10.3% | $295 / Sq Ft |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- |
| 07/05/2017 07/05/17 | For Sale | $1,645,000 | 0.0% | $329 / Sq Ft |
| 06/03/2017 06/03/17 | Pending | -- | -- | -- |
| 04/28/2017 04/28/17 | For Sale | $1,645,000 | -- | $329 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,455 | $1,657,000 | $751,200 | $905,800 |
| 2024 | $19,455 | $1,627,367 | $0 | $0 |
| 2023 | $18,388 | $1,597,733 | $0 | $0 |
| 2022 | $17,259 | $1,568,100 | $751,200 | $816,900 |
| 2021 | $17,213 | $1,568,100 | $751,200 | $816,900 |
| 2020 | $17,213 | $1,568,100 | $751,200 | $816,900 |
| 2019 | $17,804 | $1,624,200 | $815,200 | $809,000 |
| 2018 | $17,828 | $1,624,200 | $815,200 | $809,000 |
| 2017 | $18,848 | $1,624,200 | $0 | $0 |
| 2016 | -- | $1,826,600 | $0 | $0 |
| 2015 | $19,235 | $1,766,267 | $0 | $0 |
| 2014 | $19,235 | $1,705,933 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Coley Reed
-
Zelda Heller
Seller Co-Listing Agent in 2017
Zelda Heller
Long & Foster
(202) 257-1226
2 in this area
26 Total Sales
Map
Source: Bright MLS
MLS Number: 1000158721
APN: 10-03095841
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