Seller's Agent in 2022
Nicole Powell
Compass
(240) 793-1624
7 in this area
77 Total Sales
10402 Democracy Ln Potomac, MD 20854
Estimated Value: $1,192,000 - $1,278,000
5
Beds
3.5
Baths
3,062
Sq Ft
$403/Sq Ft
Est. Value
Highlights
- Traditional Floor Plan
- Transitional Architecture
- Main Floor Bedroom
- Bells Mill Elementary School Rated A
- Wood Flooring
- Formal Dining Room
About This Home
As of June 2022New Price Improvement! Welcome to this lovely Home in the HIGHLY SOUGHT after East Gate of Potomac Community. Featuring three fully-finished levels, with option for multigenerational living. The lower walk in level of the house features 1 BR. and updated full bath as well as 2 recreational rooms that could easily be converted into a 2nd kitchen and living room area. The 2nd level provides a spacious, open, light-filled floor plan. The living room features a workable wood burning fireplace and double doors that lead out to the the gazebo covered deck. The kitchen features custom cherry cabinets, quartz countertops, and stainless steel appliances. The kitchen also features double doors that lead out to the beautifully landscaped brick fenced yard featuring an abundance of azaleas and trees. Finishing off this level is 1 half bath, formal dining and sitting room areas as well as oversized laundry room. The final upper level features a grand Primary Suite, multiple closets and updated bathroom. 3 additional bedrooms and 2 full baths complete this level. NEW ROOF was put on in 2021
Last Agent to Sell the Property
(240) 793-1624 nicole.powell@compass.com Compass License #0225259354 Listed on: 05/11/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,454
Year Built
- Built in 1972
Lot Details
- 4,050 Sq Ft Lot
- Property is in very good condition
HOA Fees
- $158 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 6 Open Parking Spaces
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
- Parking Lot
Home Design
- Semi-Detached or Twin Home
- Transitional Architecture
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Crown Molding
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Window Treatments
- Formal Dining Room
- Wood Flooring
- Laundry on main level
Kitchen
- Butlers Pantry
- Electric Oven or Range
- Microwave
- ENERGY STAR Qualified Freezer
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- Walk-In Closet
- In-Law or Guest Suite
Eco-Friendly Details
- Energy-Efficient Windows
Schools
- Bells Mill Elementary School
- Cabin John Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- East Gate Of Potomac Subdivision
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number 161000908186
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2023
Sold by
Nowrouzzadeh Sedigheh and Sahar Dawa
Bought by
Nowrouzzadeh Sahar Dawn and Mazdak Taghioskoui
Current Estimated Value
Purchase Details
Listed on
May 11, 2022
Closed on
Jun 29, 2022
Sold by
Shaofei Zhang
Bought by
Nowrouzzadah Sahar Dawn and Taghioskoui Mazdak
Seller's Agent
Nicole Powell
Compass
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$848,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2019
Closed on
Aug 16, 2019
Sold by
Chen Kou Yi and Chow Chih Ching
Bought by
Zhang Shaofei and Guo Jia
Seller's Agent
Delia McCormick
Washington Fine Properties, LLC
Buyer's Agent
Shirley Zhang
Evergreen Properties
List Price
$819,000
Sold Price
$789,000
Premium/Discount to List
-$30,000
-3.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$726,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 1998
Sold by
L Ronald P and L Whelan C
Bought by
Chen Kou and Chen Yi
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nowrouzzadeh Sahar Dawn | -- | -- | |
| Nowrouzzadah Sahar Dawn | $1,060,000 | Title Forward | |
| Zhang Shaofei | $789,000 | Evergreen Settlement Co Inc | |
| Chen Kou | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nowrouzzadah Sahar Dawn | $848,000 | |
| Previous Owner | Zhang Shaofei | $726,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $1,060,000 | -2.7% | $346 / Sq Ft | |
| 05/18/2022 05/18/22 | Price Changed | $1,089,000 | -5.3% | $356 / Sq Ft | |
| 05/11/2022 05/11/22 | For Sale | $1,150,000 | +45.8% | $376 / Sq Ft | |
| 08/19/2019 08/19/19 | Sold | $789,000 | -3.7% | $258 / Sq Ft | View Prior Sale |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- | |
| 05/21/2019 05/21/19 | For Sale | $819,000 | +3.8% | $267 / Sq Ft | |
| 05/14/2019 05/14/19 | Off Market | $789,000 | -- | -- | |
| 04/26/2019 04/26/19 | Price Changed | $819,000 | -2.4% | $267 / Sq Ft | |
| 03/14/2019 03/14/19 | Price Changed | $839,000 | -2.3% | $274 / Sq Ft | |
| 03/14/2019 03/14/19 | For Sale | $859,000 | 0.0% | $281 / Sq Ft | |
| 12/03/2016 12/03/16 | Rented | $3,300 | +3.1% | -- | |
| 12/02/2016 12/02/16 | Under Contract | -- | -- | -- | |
| 11/07/2016 11/07/16 | For Rent | $3,200 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,969 | $995,200 | $400,000 | $595,200 |
| 2024 | $10,969 | $913,933 | $0 | $0 |
| 2023 | $9,321 | $832,667 | $0 | $0 |
| 2022 | $8,007 | $751,400 | $400,000 | $351,400 |
| 2021 | $15,525 | $734,333 | $0 | $0 |
| 2020 | $16,077 | $717,267 | $0 | $0 |
| 2019 | $8,039 | $700,200 | $400,000 | $300,200 |
| 2018 | $7,964 | $692,933 | $0 | $0 |
| 2017 | $7,411 | $685,667 | $0 | $0 |
| 2016 | -- | $678,400 | $0 | $0 |
| 2015 | $6,563 | $670,700 | $0 | $0 |
| 2014 | $6,563 | $663,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Powell
-
Antonia Ketabchi
A
Buyer's Agent in 2022
Antonia Ketabchi
Redfin Corp
-
Delia McCormick
Seller's Agent in 2019
Delia McCormick
Washington Fine Properties, LLC
(301) 977-7273
14 in this area
148 Total Sales
-
John Gregory
Seller Co-Listing Agent in 2019
John Gregory
Washington Fine Properties, LLC
(202) 360-3455
1 in this area
24 Total Sales
-
Shirley Zhang
S
Buyer's Agent in 2019
Shirley Zhang
Evergreen Properties
(202) 255-5968
8 Total Sales
-
Ray Liou
R
Seller's Agent in 2016
Ray Liou
Evergreen Properties
(240) 899-2281
6 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2050752
APN: 10-00908186
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