NOT LISTED FOR SALE

10240 Democracy Ln Potomac, MD 20854

Potomac Area

Estimated Value: $1,905,072

4 Beds
2.5 Baths
3,575 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2024

Last sale price $1,320,000 $369 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,108 / mo

3 Days on Market

Highlights

  • Colonial Architecture
  • Community Basketball Court
  • 2 Car Attached Garage
  • Bells Mill Elementary School Rated A
  • Jogging Path
  • Oversized Parking

About This Home

As of October 2024

**Opportunity Knocks!!!!**re listed

Last Agent to Sell the Property

Jenna Taheri

(301) 525-1735 JENNABLAIR@gmail.com Harper & Ryan Real Estate, Inc. Listed on: 09/04/2024

Last Buyer's Agent

Karen Kelly

(301) 298-1001 Karen.kelly@compass.com Compass License #SP98378263

Compass
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

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,434

Year Built

  • Built in 1971

Lot Details

  • 4,260 Sq Ft Lot

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Fireplace With Glass Doors
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Finished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump

Schools

  • Bells Mill Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161000910340

Community Details

Overview

  • Association fees include lawn care front, lawn care side, reserve funds, snow removal
  • East Gate Of Potomac Subdivision

Recreation

  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,434

Year Built

Built in 1971

Lot Details

4,260 Sq Ft Lot

HOA Fees

$165 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-09-04
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • MLS Status: CLOSED-BRIGHT
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Interior Access, Fully Finished, Sump Pump
  • Total Sq Ft: 4290
  • Living Area Sq Ft: 3575
  • Price Per Sq Ft: 445.80
  • Above Grade Finished Sq Ft: 2860
  • Below Grade Finished Sq Ft: 715
  • Below Grade Sq Ft: 715
  • Total Below Grade Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1981.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Side, Reserve Funds, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLS MILL
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4260.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13434.00
  • Assessor Parcel Number: 161000910340
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 9, 2024
Sold by
Bortnick Daniel M and Bortnick Joanna L
Bought by
Seller's Agent
Jenna Taheri
Harper & Ryan Real Estate, Inc.
Buyer's Agent
Karen Kelly
Compass
List Price
$1,275,000
Sold Price
$1,320,000
Premium/Discount to List
$45,000
3.53%
Views
48
Current Estimated Value
$1,905,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,072
Avg. Annual Appreciation
20.94%
Original Mortgage
$990,000
Outstanding Balance
$964,206
Interest Rate
5.33%
Mortgage Type
New Conventional
Estimated Equity
$940,866

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 8, 2016
Sold by
Taylor Bryan C and Taylor Nicole R
Bought by
Bortnick Daniel M and Bortnick Joanna L
Seller's Agent
Derek Colen
Redfin Corp
Buyer's Agent
Derek Colen
Redfin Corp
List Price
$919,900
Sold Price
$925,000
Premium/Discount to List
$5,100
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$740,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 30, 2014
Sold by
Lamb Margaret A and Margaret A Lamb Revocable Trus
Bought by
Taylor Bryan C and Taylor Nicole R
Seller's Agent
Marie McCormack
Long & Foster Real Estate, Inc.
Buyer's Agent
Derek Colen
Redfin Corp
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$542,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Potomac, MD

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2026 09/16/26 For Sale $3,750,000 0.0% $319 / Sq Ft
08/09/2026 08/09/26 Off Market $3,750,000 -- --
07/30/2026 07/30/26 For Sale $3,750,000 +184.1% $319 / Sq Ft
10/09/2024 10/09/24 Sold $1,320,000 +3.5% $369 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $1,275,000 +37.8% $357 / Sq Ft
04/08/2016 04/08/16 Sold $925,000 +0.6% $260 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $919,900 -- $258 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,258 $1,267,033
2025 $14,258 $1,252,200 $400,000 $852,200
2024 $13,434 $1,128,067 $0 $0
2023 $12,679 $1,003,933 $0 $0
2022 $9,424 $879,800 $400,000 $479,800
2021 $9,344 $879,800 $400,000 $479,800
2020 $9,344 $879,800 $400,000 $479,800
2019 $9,752 $918,300 $400,000 $518,300
2018 $9,013 $850,500 $0 $0
2017 $8,422 $782,700 $0 $0
2016 -- $714,900 $0 $0
2015 $6,714 $699,733 $0 $0
2014 $6,714 $684,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2146010

Bright MLS

APN: 10-00910340

Your Personal Tour Guide

Ask me questions while you tour the home.