Seller's Agent in 2012
Wendy Banner
Compass
(301) 365-9090
84 in this area
458 Total Sales
10412 Democracy Ln Potomac, MD 20854
Estimated Value: $1,716,000 - $2,215,000
5
Beds
5
Baths
7,200
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Gourmet Kitchen
- 2 Acre Lot
- Bells Mill Elementary School Rated A
- View of Trees or Woods
- Colonial Architecture
About This Home
As of February 2012Exceptional opportunity! All brick Col w/3 car gar on 2 treed/wooded acres w/pool & spa. Features over 7500 fin sf on 3 fin levels w/ GENEROUS rm sizes & great floorplan, awaits your updating touches! Gorgeous views from FR & Breakfast rms thru the walls of windows/SGDs. 2 brick wood burning fpls in FR & RR w/ full size bar & HUGE storage rm. Walk to Pot Village!
Last Agent to Sell the Property
(301) 298-1001 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 09/23/2011
Co-Listed By
(240) 497-1700 shelley.green@longandfoster.com Long & Foster Real Estate, Inc. License #530727
Last Buyer's Agent
Paula Nesbitt
(240) 497-1700 paula@bannerteam.com Long & Foster Real Estate, Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,688
Year Built
- Built in 1977
Lot Details
- 2 Acre Lot
- Northeast Facing Home
- Back Yard Fenced
- Landscaped
- Private Lot
- Wooded Lot
- Backs to Trees or Woods
- Property is in very good condition
- Property is zoned RE2
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Wet Bar
- Central Vacuum
- Built-In Features
- Chair Railings
- Crown Molding
- Beamed Ceilings
- Brick Wall or Ceiling
- Two Story Ceilings
- Recessed Lighting
- 2 Fireplaces
- Fireplace Mantel
- Casement Windows
- Sliding Doors
- Six Panel Doors
- Den
- Storage Room
- Wood Flooring
- Views of Woods
- Home Security System
- Attic
- Partially Finished Basement
Kitchen
- Gourmet Kitchen
- Built-In Self-Cleaning Double Oven
- Down Draft Cooktop
- Ice Maker
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Side Facing Garage
- Garage Door Opener
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- In Ground Pool
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heat Pump System
- Vented Exhaust Fan
- Oil Water Heater
- Fiber Optics Available
- Multiple Phone Lines
Community Details
- No Home Owners Association
- Built by J. KOHLER
- Custom
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 161000864071
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2017
Sold by
Amini Dennis and Amini Tushita Satchithanandam
Bought by
Amini Dennis and Amini Thushita Satchithanandam
Current Estimated Value
Purchase Details
Closed on
Jul 29, 2013
Sold by
Amini Dennis
Bought by
Amini Dennis and Amini Thushita
Purchase Details
Listed on
Sep 23, 2011
Closed on
Feb 15, 2012
Sold by
Marcelle Roya J and Ghovanlou Bijan
Bought by
Amini Dennis
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Paula Nesbitt
Long & Foster Real Estate, Inc.
List Price
$1,325,000
Sold Price
$1,175,000
Premium/Discount to List
-$150,000
-11.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$825,000
Outstanding Balance
$564,939
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,448,288
Purchase Details
Closed on
Jan 27, 2010
Sold by
Ghovanlou Bijan
Bought by
Ghovanlou Bijan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amini Dennis | -- | None Available | |
| Amini Dennis | -- | None Available | |
| Amini Dennis | $1,175,000 | Fidelity Natl Title Ins Co | |
| Ghovanlou Bijan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amini Dennis | $825,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2012 02/15/12 | Sold | $1,175,000 | -11.3% | $163 / Sq Ft |
| 01/14/2012 01/14/12 | Pending | -- | -- | -- |
| 09/23/2011 09/23/11 | For Sale | $1,325,000 | -- | $184 / Sq Ft |
Source: Bright MLS
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 | $19,946 | $1,702,900 | $750,000 | $952,900 |
| 2024 | $19,946 | $1,670,033 | $0 | $0 |
| 2023 | $18,843 | $1,637,167 | $0 | $0 |
| 2022 | $17,658 | $1,604,300 | $750,000 | $854,300 |
| 2021 | $17,552 | $1,604,300 | $750,000 | $854,300 |
| 2020 | $24,830 | $1,604,300 | $750,000 | $854,300 |
| 2019 | $24,814 | $1,624,200 | $814,000 | $810,200 |
| 2018 | $17,768 | $1,624,200 | $814,000 | $810,200 |
| 2017 | $18,096 | $1,624,200 | $0 | $0 |
| 2016 | $16,996 | $1,635,000 | $0 | $0 |
| 2015 | $16,996 | $1,481,667 | $0 | $0 |
| 2014 | $16,996 | $1,392,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Banner
-
Shelley Green
Seller Co-Listing Agent in 2012
Shelley Green
Long & Foster
(240) 401-5875
25 Total Sales
-
P
Buyer's Agent in 2012
Paula Nesbitt
Long & Foster
Map
Source: Bright MLS
MLS Number: 1004597904
APN: 10-00864071
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