10332 Democracy Ln Potomac, MD 20854
Estimated Value: $1,030,196 - $1,268,000
5
Beds
3
Baths
2,464
Sq Ft
$448/Sq Ft
Est. Value
About This Home
This home is located at 10332 Democracy Ln, Potomac, MD 20854 and is currently estimated at $1,104,549, approximately $448 per square foot. 10332 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
Mar 7, 2006
Sold by
Gannon Edward J and Gannon G S
Bought by
Basile John J and Basile Nedra L
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
$612,000
Outstanding Balance
$345,468
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$759,081
Purchase Details
Closed on
Feb 27, 2006
Sold by
Gannon Edward J and Gannon G S
Bought by
Basile John J and Basile Nedra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$345,468
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$759,081
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Basile John J | $765,000 | -- | |
| Basile John J | $765,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basile John J | $612,000 | |
| Closed | Basile John J | $612,000 |
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 | $9,811 | $873,000 | $400,000 | $473,000 |
| 2024 | $9,811 | $813,400 | $0 | $0 |
| 2023 | $8,413 | $753,800 | $0 | $0 |
| 2022 | $7,376 | $694,200 | $400,000 | $294,200 |
| 2021 | $3,634 | $692,867 | $0 | $0 |
| 2020 | $7,267 | $691,533 | $0 | $0 |
| 2019 | $7,236 | $690,200 | $400,000 | $290,200 |
| 2018 | $7,160 | $682,767 | $0 | $0 |
| 2017 | $7,214 | $675,333 | $0 | $0 |
| 2016 | -- | $667,900 | $0 | $0 |
| 2015 | $6,494 | $661,533 | $0 | $0 |
| 2014 | $6,494 | $655,167 | $0 | $0 |
Source: Public Records
Map
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