NOT LISTED FOR SALE

10420 Democracy Ln Potomac, MD 20854

Estimated Value: $1,156,000 - $1,336,000

4 Beds
3.5 Baths
3,260 Sq Ft
$388/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $1,110,000 $340 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,712/month

2 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Deck
  • Bells Mill Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2021

Welcome to this expertly designed and updated Potomac home nestled on a quiet cul de sac lot in the perfectly located East Gate community! Every room in this rarely available corner end unit feels like a showcase, as the thoughtful touches and open floor plan compliment today's modern lifestyles. The sun-splashed main level offers seamless living, and opens to a gloriously private and generous rear deck & patio. The four upper level bedrooms include a desirable main suite with a large updated bathroom and a custom walk-in closet with island. The finished lower level offers flexible spaces to accommodate a variety of functions and includes an additional full bathroom. Located just minutes from 495, 270, and the hubs of Potomac, Bethesda and Rockville, this unique home perfectly balances a peaceful park-like setting with unparalleled convenience.

Last Agent to Sell the Property

Michael Burns

(703) 522-1940 mike@burnshomes.com RE/MAX Allegiance Listed on: 02/10/2021

RE/MAX Allegiance

Last Buyer's Agent

Justin Folds

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC License #0225188300

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 1971 | Remodeled in 2014

Lot Details

  • 4,260 Sq Ft Lot
  • Masonry wall
  • Privacy Fence
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Sprinkler System
  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Water Proofing System
  • Sump Pump

Outdoor Features

  • Deck
  • Patio

Schools

  • Bells Mill Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 161000908290

Community Details

Overview

  • Association fees include snow removal, lawn maintenance
  • East Gate II Homes Association
  • East Gate Of Potomac Subdivision
  • Property Manager

Recreation

  • Community Basketball Court
  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,538

Year Built

Built in 1971 | Remodeled in 2014

Lot Details

4,260 Sq Ft Lot

HOA Fees

$154 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-23
  • Year Built: 1971
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Chair Railings, Combination Kitchen/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Skylight(s), Upgraded Countertops, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Interior Access, Sump Pump, Water Proofing System
  • Total Sq Ft: 4290
  • Living Area Sq Ft: 3260
  • Price Per Sq Ft: 382.87
  • Above Grade Finished Sq Ft: 2860
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 1030
  • Total Below Grade Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Underground Lawn Sprinkler
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1850.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Lawn Maintenance
  • HOA Name: EAST GATE II HOMES ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLS MILL
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Masonry/Stone, Privacy, Rear
  • Improvement Assessed Value: 318400.00
  • Land Assessed Value: 400000.00
  • Lot Features: Landscaping, No Thru Street, Private, Rear Yard
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4260.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13984937
  • Tax Annual Amount: 8538.00
  • Assessor Parcel Number: 161000908290
  • Tax Lot: 55
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Lee Bethany Kristin
Bought by
Lee Bethany Kristin and Scardella Brian J
Current Estimated Value
$1,264,695

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 15, 2021
Sold by
Silver David J and Silver Jennifer
Bought by
Lee Bethany Kristin
Seller's Agent
Michael Burns
RE/MAX Allegiance
Buyer's Agent
Justin Folds
Real Broker, LLC
List Price
$1,095,000
Sold Price
$1,110,000
Premium/Discount to List
$15,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$998,889
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2014
Closed on
Mar 28, 2014
Sold by
Lowrie Gerald
Bought by
Silver David J and Silver Jennifer
Seller's Agent
Beverly Piccone
Coldwell Banker Realty
Buyer's Agent
Gary Frey
TTR Sotheby's International Realty
List Price
$830,000
Sold Price
$853,000
Premium/Discount to List
$23,000
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%

Purchase Details

Closed on
Jul 20, 2004
Sold by
Slonaker Thomas N
Bought by
Lowrie Gerald

Purchase Details

Closed on
Jul 8, 2004
Sold by
Slonaker Thomas N
Bought by
Lowrie Gerald

Purchase Details

Closed on
Jan 30, 2001
Sold by
Gleiberman Paul D
Bought by
Slonaker Thomas N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Bethany Kristin -- Accommodation
Lee Bethany Kristin $1,110,000 Highland Title & Escrow
Silver David J $853,000 Passport Title Services Llc
Lowrie Gerald $790,000 --
Lowrie Gerald $790,000 --
Lowrie Gerald $790,000 --
Lowrie Gerald $790,000 --
Slonaker Thomas N $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Bethany Kristin $998,889
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $1,110,000 +1.4% $340 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,095,000 +28.4% $336 / Sq Ft
03/28/2014 03/28/14 Sold $853,000 +2.8% $298 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $830,000 -- $290 / 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 $12,583 $1,222,100 $400,000 $822,100
2024 $12,583 $1,054,200 $0 $0
2023 $8,832 $886,300 $0 $0
2022 $7,643 $718,400 $400,000 $318,400
2021 $717 $718,400 $400,000 $318,400
2020 $7,564 $718,400 $400,000 $318,400
2019 $7,846 $745,500 $400,000 $345,500
2018 $7,759 $737,033 $0 $0
2017 $7,891 $728,567 $0 $0
2016 -- $720,100 $0 $0
2015 -- $704,667 $0 $0
2014 -- $689,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Burns

    Seller's Agent in 2021

    Michael Burns

    RE/MAX

    (703) 403-2022

    1 in this area

    79 Total Sales

    Michael Burns
    Section Image
  • Justin Folds

    Buyer's Agent in 2021

    Justin Folds

    Real Broker, LLC

    (571) 220-4738

    1 in this area

    31 Total Sales

    Justin Folds
    Section Image
  • Beverly Piccone

    Seller's Agent in 2014

    Beverly Piccone

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (301) 512-0213

    6 in this area

    40 Total Sales

    Beverly Piccone
    Section Image
  • Gary Frey

    Buyer's Agent in 2014

    Gary Frey

    TTR Sotheby's International Realty

    (202) 230-2383

    20 Total Sales

    Gary Frey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC743202

Bright MLS

APN: 10-00908290

Maryland Montgomery County Potomac 20854

10420 Democracy Ln, Potomac, MD

Not Listed for Sale

Townhouses

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