10234 Democracy Ln Potomac, MD 20854
Estimated Value: $1,159,000 - $1,348,000
4
Beds
4
Baths
3,066
Sq Ft
$406/Sq Ft
Est. Value
About This Home
This home is located at 10234 Democracy Ln, Potomac, MD 20854 and is currently estimated at $1,243,494, approximately $405 per square foot. 10234 Democracy Ln is a home located in Montgomery County with nearby schools including Bells Mill Elementary School, Cabin John Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2011
Sold by
Schrader Gary W and Henry C Schrader Revocable Tru
Bought by
Howard Andrew and Howard Anna Schwamlein
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$427,499
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$815,995
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Howard Andrew | $770,000 | Sage Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howard Andrew | $616,000 |
Source: Public Records
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 | $11,012 | $992,300 | $400,000 | $592,300 |
| 2024 | $11,012 | $917,667 | $0 | $0 |
| 2023 | $9,441 | $843,033 | $0 | $0 |
| 2022 | $8,195 | $768,400 | $400,000 | $368,400 |
| 2021 | $7,957 | $761,200 | $0 | $0 |
| 2020 | $7,957 | $754,000 | $0 | $0 |
| 2019 | $7,860 | $746,800 | $400,000 | $346,800 |
| 2018 | $7,771 | $738,067 | $0 | $0 |
| 2017 | $7,822 | $729,333 | $0 | $0 |
| 2016 | -- | $720,600 | $0 | $0 |
| 2015 | $7,143 | $716,867 | $0 | $0 |
| 2014 | $7,143 | $713,133 | $0 | $0 |
Source: Public Records
Map
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