NOT LISTED FOR SALE

10228 Democracy Ln Potomac, MD 20854

Estimated Value: $1,051,000 - $1,348,000

3 Beds
3.5 Baths
4,036 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $750,000 $186 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,969/month

120 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Sitting Room
  • Bells Mill Elementary School Rated A
  • Game Room
  • Breakfast Area or Nook

About This Home

As of January 2012

Major Price Reduction...This one is a ten! Complete renovation, newly enlarged kitchen, fabulous huge slate patio & landscaped gardens. New energy efficient screens that cut the AC bills in half! Newly renovated master bedroom & bath by Gilday with sitting room (once a fourth bedroom). Great location at the back of the cul de sac with plenty of parking for guests! BY APPOINTMENT

Last Agent to Sell the Property

Nancy Itteilag

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #0225042819 Listed on: 07/22/2011

Washington Fine Properties, LLC

Last Buyer's Agent

Farnaz Batmanghlich

(240) 497-1700 farnaz.batman@longandfoster.com Long & Foster Real Estate, Inc. License #518818

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,567

Year Built

  • Built in 1971 | Remodeled in 2010

Lot Details

  • 4,230 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Dryer
  • Utility Room
  • Home Security System
  • Finished Basement

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Beautifully Renovated

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161000908541

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,567

Year Built

Built in 1971 | Remodeled in 2010

Lot Details

4,230 Sq Ft Lot

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Humidifier, Microwave, Refrigerator, Stove
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In
  • Window Features: Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: French
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Game Room, Foyer, Bedroom 1, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4036
  • Living Area Sq Ft: 4036
  • Price Per Sq Ft: 306.00
  • Above Grade Finished Sq Ft: 2500
  • Below Grade Finished Sq Ft: 1536
  • Total Below Grade Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 105.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 243900.00
  • Land Assessed Value: 400000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4230
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4230.00
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984961
  • Tax Annual Amount: 7567.22
  • Assessor Parcel Number: 161000908541
  • Tax Lot: 14
  • Tax Page Number: 526
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Spies Evelyn D
Bought by
Spies Susan K
Current Estimated Value
$1,149,747

Purchase Details

Closed on
Mar 26, 2015
Sold by
Spies William E and Spies Evelyn D
Bought by
Spies William A E and Spies Evelyn D

Purchase Details

Listed on
Jul 22, 2011
Closed on
Jan 17, 2012
Sold by
Riley Stephen F and Riley Joan B
Bought by
Spies Evelyn D and Spies William A E
Seller's Agent
Nancy Itteilag
Washington Fine Properties, LLC
Buyer's Agent
Farnaz Batmanghlich
Long & Foster Real Estate, Inc.
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Dec 3, 1987
Bought by
Riley Joan B and S F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spies Susan K -- None Available
Spies Evelyn D -- None Available
Spies William A E -- None Available
Spies Evelyn D $745,000 Tradition Title Llc
Riley Joan B $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $750,000 -2.0% $186 / Sq Ft
11/19/2011 11/19/11 Pending -- -- --
09/20/2011 09/20/11 Price Changed $765,000 -10.0% $190 / Sq Ft
07/22/2011 07/22/11 For Sale $850,000 -- $211 / Sq Ft
Source: Bright MLS

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 $9,800 $871,900 $400,000 $471,900
2024 $9,800 $812,433 $0 $0
2023 $8,403 $752,967 $0 $0
2022 $7,368 $693,500 $400,000 $293,500
2021 $7,298 $692,167 $0 $0
2020 $7,260 $690,833 $0 $0
2019 $7,229 $689,500 $400,000 $289,500
2018 $7,158 $682,633 $0 $0
2017 $7,302 $675,767 $0 $0
2016 -- $668,900 $0 $0
2015 $6,441 $660,567 $0 $0
2014 $6,441 $652,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004519526

Bright MLS

APN: 10-00908541

Your Personal Tour Guide

Ask me questions while you tour the home.