NOT LISTED FOR SALE

10318 Democracy Ln Potomac, MD 20854

Potomac Area

Estimated Value: $877,000 - $1,095,000

4 Beds
2.5 Baths
2,316 Sq Ft
$433/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2018

Last sale price $775,000 $335 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,633 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Bells Mill Elementary School Rated A
  • Game Room
  • Laundry Room

About This Home

As of April 2018

Don't miss this updated Worland home minutes from excellent schools, shopping & commuter routes. Inviting foyer leads to the living & dining rms. Bright kitchen opens to a vaulted family rm with sliding doors to stone patio & landscaped garden. Four bdrms & two full baths complete the upper level while the basement provides addt'l living & storage space. This is a delightful place to call home!

Last Agent to Sell the Property

Mr. Eric Stewart

(301) 424-0900 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 03/23/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Debbie Zech

(301) 424-0900 debbie@ericstewartgroup.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Litsa Laddbush

(202) 888-1127 alex@theagencydc.com The Agency DC License #641836

The Agency DC

Range of Values:

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

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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,752

Year Built

  • Built in 1971

Lot Details

  • 4,230 Sq Ft Lot

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

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

Community Details

  • East Gate Of Potomac Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 161000910247

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,752

Year Built

Built in 1971

Lot Details

4,230 Sq Ft Lot

HOA Fees

$148 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 2
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Heated, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, 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
  • Parking Features: Garage, Attached, Unassigned
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • 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: 1770.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 265800.00
  • Land Assessed Value: 400000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4230
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4230.00
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13985129
  • Tax Annual Amount: 7752.27
  • Assessor Parcel Number: 161000910247
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

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
Mar 23, 2018
Closed on
Apr 23, 2018
Sold by
Welsh Gary M and Welsh Dorothy Wolfe
Bought by
Seller's Agent
Mr. Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Litsa Laddbush
The Agency DC
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,001,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,973
Avg. Annual Appreciation
3.11%
Original Mortgage
$620,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Welsh Gary M
Bought by
Welsh Gary M Tr

Purchase Details

Closed on
Oct 2, 2002
Sold by
Stone Howard and Stone A
Bought by
Welsh Gary M and Welsh Dorothy W

Purchase Details

Closed on
Nov 16, 2000
Sold by
Laramie John K Trustee
Bought by
Stone Howard and Stone A

Purchase Details

Closed on
Feb 13, 1998
Sold by
J Vernon S and J Laramie B
Bought by
John K Laramie Trustee
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

  • Giovanna Piskulich Real Estate Agent - Compass

    Giovanna Piskulich

    Responds Quickly

    Compass

    (571) 946-4847

    94 Total Sales

    1 in Potomac

    $900,000 Price

    Giovanna Piskulich
     Section Image
  • Tony Calkins Real Estate Agent - The Calkins Group

    Tony Calkins

    The Calkins Group

    (240) 770-0595

    29 Total Sales

    1 in Potomac

    $1,099,000 Price

    Tony Calkins
     Section Image
  • Ari Davis Real Estate Agent - Compass

    Ari Davis

    Compass

    (470) 305-6701

    61 Total Sales

    1 in Potomac

    $1,165,000 Price

    Ari Davis
     Section Image
  • Audrey Romano Real Estate Agent - Compass

    Audrey Romano

    Compass

    (301) 691-3593

    67 Total Sales

    1 in Potomac

    $1,030,000 Price

    Audrey Romano
     Section Image
  • Brian Mokricky Real Estate Agent - Keller Williams Realty Centre

    Brian Mokricky

    Keller Williams Realty Centre

    (304) 244-3556

    90 Total Sales

    1 in Potomac

    $999,000 Price

    Brian Mokricky
     Section Image
  • Weiming Qi Real Estate Agent - Weichert, REALTORS

    Weiming Qi

    Weichert, REALTORS

    (240) 816-3553

    52 Total Sales

    2 in Potomac

    $925K - $1.6M Price Range

    Weiming Qi
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$775,000 Gpn Title Inc
Welsh Gary M Tr -- --
Welsh Gary M Et Al Tr -- --
Welsh Gary M $490,000 --
Stone Howard $380,000 --
John K Laramie Trustee -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $608,000
Closed Garcia Andreata Rafael $620,000
Previous Owner Welsh Gary M $270,000
Source: Public Records

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
04/23/2018 04/23/18 Sold $775,000 0.0% $335 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $775,000 -- $335 / 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
2025 $11,471 $950,000 $400,000 $550,000
2024 $10,582 $880,367 $0 $0
2023 $9,069 $810,733 $0 $0
2022 $7,894 $741,100 $400,000 $341,100
2021 $7,560 $716,000 $0 $0
2020 $7,260 $690,900 $0 $0
2019 $6,967 $665,800 $400,000 $265,800
2018 $7,599 $659,833 $0 $0
2017 $7,060 $653,867 $0 $0
2016 $6,454 $647,900 $0 $0
2015 $6,454 $646,967 $0 $0
2014 $6,454 $646,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mr. Eric Stewart Real Estate Agent - Long & Foster

    Seller's Agent in 2018

    Mr. Eric Stewart

    Long & Foster

    (301) 252-1697

    384 Total Sales

    Mr. Eric Stewart
    Section Image
  • Debbie Zech Real Estate Agent - Long & Foster

    Seller Co-Listing Agent in 2018

    Debbie Zech

    Long & Foster

    (360) 303-8294

    43 Total Sales

    Debbie Zech
    Section Image
  • Litsa Laddbush Real Estate Agent - The Agency DC

    Buyer's Agent in 2018

    Litsa Laddbush

    The Agency DC

    (240) 372-3825

    90 Total Sales

    Litsa Laddbush
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000300390

Bright MLS

APN: 10-00910247

Maryland Montgomery County Potomac 20854

10318 Democracy Ln, Potomac, MD

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