NOT LISTED FOR SALE

10316 Democracy Ln Potomac, MD 20854

Estimated Value: $1,124,000 - $1,135,677

4 Beds
2.5 Baths
2,464 Sq Ft
$459/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $725,000 $294 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,120/month

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace
  • Bells Mill Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of July 2013

Large patio home in the Worland Community of East Gate of Potomac. Sun room addition w/exit to a sunny, private, walled rear garden, family room w/gas fireplace. Wall from the 5th bedroom removed to make a large master suite & sitting room. Hardwood floors under the carpeting on upper level. Located in the rear of the cul-de-sac with ample parking for guests. Open Sunday 04/21 2 - 4 pm

Last Agent to Sell the Property

Suzanne Reynolds

(301) 580-6534 suzannereynolds1983@gmail.com Samson Properties License #0225157395 Listed on: 04/15/2013

Samson Properties

Last Buyer's Agent

Suzanne Reynolds

(301) 580-6534 suzannereynolds1983@gmail.com Samson Properties License #0225157395 Listed on: 04/15/2013

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,748

Year Built

  • Built in 1971

Lot Details

  • 4,260 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Utilities

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

Community Details

  • Worland Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 161000910910

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,748

Year Built

Built in 1971

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Remarks Public: Large patio home in the Worland Community of East Gate of Potomac. Sun room addition w/exit to a sunny, private, walled rear garden, family room w/gas fireplace. Wall from the 5th bedroom removed to make a large master suite & sitting room. Hardwood floors under the carpeting on upper level. Located in the rear of the cul-de-sac with ample parking for guests. Open Sunday 04/21 2 - 4 pm
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Dining Area, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 10316

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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 Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.76
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 273000.00
  • Land Assessed Value: 400000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4260
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4260.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13985192
  • Tax Annual Amount: 7748.27
  • Assessor Parcel Number: 161000910910
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 2464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 07/01/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 28, 2013
Sold by
Wallace Robert J
Bought by
Eggerstorfer Mark John and Eggerstorfer Heather Eve
Seller's Agent
Suzanne Reynolds
Samson Properties
Buyer's Agent
Suzanne Reynolds
Samson Properties
List Price
$780,000
Sold Price
$725,000
Premium/Discount to List
-$55,000
-7.05%
Current Estimated Value
$1,129,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,839
Avg. Annual Appreciation
3.24%
Original Mortgage
$725,000
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Aug 17, 2011
Sold by
Wallace Althea E
Bought by
Wallace Robert J and Offterdinger Donna
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Eggerstorfer Mark John $725,000 Old Republic National Title
Wallace Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eggerstorfer Mark John $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $725,000 -7.1% $294 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $780,000 -- $317 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $447 $919,400 $400,000 $519,400
2024 $447 $853,967 $0 $0
2023 $419 $788,533 $0 $0
2022 $408 $723,100 $400,000 $323,100
2021 $330 $721,600 $0 $0
2020 $330 $720,100 $0 $0
2019 $7,550 $718,600 $400,000 $318,600
2018 $7,463 $710,233 $0 $0
2017 $7,513 $701,867 $0 $0
2016 -- $693,500 $0 $0
2015 $6,753 $686,667 $0 $0
2014 $6,753 $679,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Suzanne Reynolds

    Samson Properties

    (301) 580-6534

    17 Total Sales

    Suzanne Reynolds
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003453138

Bright MLS

APN: 10-00910910

Maryland Montgomery County Potomac 20854

10316 Democracy Ln, Potomac, MD

This home is located at 10316 Democracy Ln, Potomac, MD 20854 since 15 April 2013 and is currently estimated at $1,129,839, approximately $458 per square foot. This property was built in 1971. 10316 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.

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