10404 Democracy Ln Potomac, MD 20854
5
Beds
3.5
Baths
3,478
Sq Ft
$158/mo
HOA Fee
Highlights
- Colonial Architecture
- 1 Fireplace
- More Than Two Accessible Exits
- Bells Mill Elementary School Rated A
- 2 Car Direct Access Garage
- Forced Air Heating and Cooling System
About This Home
As of December 2024Welcome to your new home in the highly sought after East Gate of Potomac Community! This beautiful 5 bedroom, 3.5 bathroom semi detached brick home features vaulted ceilings, crown molding, newly installed tile flooring, elegant engineered hardwood flooring throughout home, renovated baths, and a open and airy gourmet chef's kitchen. Walk in entry level boast a large en-suite bedroom with a full bathroom. Walk up to the main level with a plethora of windows that makes for a lovely naturally lit ambiance. Kitchen boast high end stainless steel Viking appliances, new backsplash, breakfast bar, and wine rack. Access your private fenced in backyard and patio via the dinning room or breakfast room. The upstairs is equipped with four lovely bedrooms. The primary bedroom boast an en suite bathroom with a spa ambiance, stand alone tub and spa shower. Just minutes from 495 and I-270. Home is equipped with interior and exterior cameras. This one is a must see!
Last Agent to Sell the Property
Argent Realty, LLC License #633474 Listed on: 10/23/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $11,180
Year Built
- Built in 1972
HOA Fees
- $158 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Driveway Spaces
- Front Facing Garage
- Side Facing Garage
- Garage Door Opener
- Parking Lot
- Unassigned Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Schools
- Bells Mill Elementary School
- Cabin John Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Ductless Heating Or Cooling System
- Natural Gas Water Heater
Additional Features
- More Than Two Accessible Exits
- 4,080 Sq Ft Lot
Community Details
- East Gate Of Potomac Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 161000908175
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Sep 26, 2023
Sold by
Fradlin Marina
Bought by
Kussumua Alcibiades De Orlando T and Lengue Kussumua Isalene
Seller's Agent
Ron Sitrin
Long & Foster Real Estate, Inc.
Buyer's Agent
OLOLADE OGUNFOWOKAN
Argent Realty, LLC
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,500
Avg. Annual Appreciation
3.96%
Original Mortgage
$828,750
Outstanding Balance
$816,354
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$550,535
Purchase Details
Closed on
Oct 19, 2004
Sold by
Paez Diego P and Paez Nikol
Bought by
Fradlin Marina
Purchase Details
Closed on
Aug 9, 2002
Sold by
Wabnitz Hans W and Wabnitz C
Bought by
Paez Diego P and Paez Nikol
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,275,000 | Ktl Title | |
| Deed | $840,000 | -- | |
| Deed | $541,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,750 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,350,000 | 0.0% | $388 / Sq Ft |
| 11/17/2024 11/17/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $1,350,000 | -0.7% | $388 / Sq Ft |
| 11/08/2024 11/08/24 | Price Changed | $1,360,000 | -1.4% | $391 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $1,380,000 | +8.2% | $397 / Sq Ft |
| 10/17/2023 10/17/23 | Sold | $1,275,000 | -1.8% | $367 / Sq Ft |
| 08/16/2023 08/16/23 | For Sale | $1,299,000 | +1.9% | $373 / Sq Ft |
| 08/15/2023 08/15/23 | Off Market | $1,275,000 | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $1,299,000 | -- | $373 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $11,180 | $932,333 | $0 | $0 |
| 2023 | $10,811 | $841,867 | $0 | $0 |
| 2022 | $8,007 | $751,400 | $400,000 | $351,400 |
| 2021 | $7,928 | $751,400 | $400,000 | $351,400 |
| 2020 | $7,928 | $751,400 | $400,000 | $351,400 |
| 2019 | $8,101 | $768,600 | $400,000 | $368,600 |
| 2018 | $8,009 | $759,600 | $0 | $0 |
| 2017 | $8,061 | $750,600 | $0 | $0 |
| 2016 | -- | $741,600 | $0 | $0 |
| 2015 | $7,050 | $727,967 | $0 | $0 |
| 2014 | $7,050 | $714,333 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
OLOLADE OGUNFOWOKAN
Argent Realty, LLC
(301) 404-9039
2 in this area
54 Total Sales
-
Buyer's Agent in 2024
Arturo Cruz
Compass
(703) 474-1134
4 in this area
159 Total Sales
-
Seller's Agent in 2023
Ron Sitrin
Long & Foster
(202) 321-4677
6 in this area
182 Total Sales
-
Seller Co-Listing Agent in 2023
Jill Chessen
Long & Foster
(202) 423-7418
2 in this area
28 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2153580
APN: 10-00908175
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