NOT LISTED FOR SALE

10412 Democracy Ln Potomac, MD 20854

Potomac Area

Estimated Value: $1,817,000 - $2,274,000

5 Beds
5 Baths
7,200 Sq Ft
$277/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

Exceptional 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

Wendy Banner

(301) 298-1001 Wendy@BannerTeam.com Compass License #90953 Listed on: 09/23/2011

Compass

Co-Listed By

Shelley Green

(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.

Long & Foster Real Estate, Inc.

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,688

Year Built

Built in 1977

Lot Details

2 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Built-Ins, Chair Railings, Crown Moldings, Master Bath(s), Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Casement
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Beamed Ceilings, Brick, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Master Bedroom, Study, Laundry, Storage Room, Attic
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 8471
  • Living Area Sq Ft: 7200
  • Price Per Sq Ft: 238.14
  • Above Grade Finished Sq Ft: 5564
  • Below Grade Finished Sq Ft: 1636
  • Below Grade Sq Ft: 1271
  • Total Below Grade Sq Ft: 2907
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry

Utilities

  • Refuse: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas Available, Oil
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 624000.00
  • Land Assessed Value: 1001000.00
  • Lot Features: Backs To Trees, Landscaping, Trees/Wooded, Private
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RE2

Building Info

  • Builder Name: J. KOHLER

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980693
  • Tax Annual Amount: 17688.01
  • Assessor Parcel Number: 161000864071
  • Tax Lot: 8
  • Tax Page Number: 506
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

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

Closed on
Feb 24, 2017
Sold by
Amini Dennis and Amini Tushita Satchithanandam
Bought by
Current Estimated Value
$1,997,377

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
3.71%
Original Mortgage
$825,000
Outstanding Balance
$546,201
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,451,176

Purchase Details

Closed on
Jan 27, 2010
Sold by
Ghovanlou Bijan
Bought by
Ghovanlou Bijan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.75%
Mortgage Type
New Conventional
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

  • Michelle Yu Real Estate Agent - Long & Foster Real Estate, Inc.

    Michelle Yu

    Long & Foster Real Estate, Inc.

    (240) 433-7172

    344 Total Sales

    96 in Potomac

    $530K - $2.9M Price Range

    Michelle Yu
     Section Image
  • Jennifer Knoll Real Estate Agent - Compass

    Jennifer Knoll

    Compass

    (202) 991-4505

    107 Total Sales

    2 in Potomac

    $1.4M - $1.8M Price Range

    Jennifer Knoll
     Section Image
  • ETHEL SKENDERIS Real Estate Agent - Long & Foster Real Estate, Inc.

    ETHEL SKENDERIS

    Long & Foster Real Estate, Inc.

    (240) 363-9548

    31 Total Sales

    3 in Potomac

    $1.2M - $2.3M Price Range

    ETHEL SKENDERIS
     Section Image
  • Khalida Kay Bajwa Real Estate Agent - RE/MAX Galaxy

    Khalida Kay Bajwa

    Responds Quickly

    RE/MAX Galaxy

    (844) 882-8167

    203 Total Sales

    1 in Potomac

    $1,350,000 Price

    Khalida Kay Bajwa
     Section Image
  • Katri Hunter Real Estate Agent - Compass

    Katri Hunter

    Compass

    (650) 844-0688

    253 Total Sales

    1 in Potomac

    $1,000,000 Price

    Katri Hunter
     Section Image
  • Hector Mayorga Real Estate Agent - Compass

    Hector Mayorga

    Compass

    (240) 702-1792

    114 Total Sales

    1 in Potomac

    $1,799,000 Price

    Hector Mayorga
     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
-- None Available
Amini Dennis -- None Available
Amini Dennis $1,175,000 Fidelity Natl Title Ins Co
Ghovanlou Bijan -- --
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 $825,000
Previous Owner Ghovanlou Bijan $580,000
Source: Public Records

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 $19,741 $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 Real Estate Agent - Compass

    Seller's Agent in 2012

    Wendy Banner

    Compass

    (301) 365-9090

    395 Total Sales

    Wendy Banner
    Section Image
  • Shelley Green Real Estate Agent - Long & Foster

    Seller Co-Listing Agent in 2012

    Shelley Green

    Long & Foster

    (240) 401-5875

    27 Total Sales

    Shelley Green
    Section Image

  • PN

    Buyer's Agent in 2012

    Paula Nesbitt

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004597904

Bright MLS

APN: 10-00864071

Maryland Montgomery County Potomac 20854

10412 Democracy Ln, Potomac, MD

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