10438 Democracy Ln Potomac, MD 20854
Estimated Value: $990,072 - $1,354,000
4
Beds
4
Baths
2,784
Sq Ft
$398/Sq Ft
Est. Value
About This Home
This home is located at 10438 Democracy Ln, Potomac, MD 20854 and is currently estimated at $1,109,268, approximately $398 per square foot. 10438 Democracy Ln is a home located in Montgomery County with nearby schools including Bells Mill Elementary School, Cabin John Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2010
Sold by
Wilson Thomas E and Wilson M C
Bought by
Freisinger Francis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,400
Outstanding Balance
$388,472
Interest Rate
4.78%
Mortgage Type
New Conventional
Estimated Equity
$720,796
Purchase Details
Closed on
Nov 8, 2000
Sold by
Wilson Thomas E
Bought by
Wilson Thomas E and Wilson M C
Purchase Details
Closed on
Feb 3, 1994
Sold by
Chan B
Bought by
Wilson Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.12%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freisinger Francis | $723,000 | -- | |
| Wilson Thomas E | -- | -- | |
| Wilson Thomas E | $337,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freisinger Francis | $578,400 | |
| Previous Owner | Wilson Thomas E | $270,000 |
Source: Public Records
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 | $10,049 | $896,600 | $400,000 | $496,600 |
| 2024 | $10,049 | $834,033 | $0 | $0 |
| 2023 | $8,616 | $771,467 | $0 | $0 |
| 2022 | $7,538 | $708,900 | $400,000 | $308,900 |
| 2021 | $7,427 | $707,467 | $0 | $0 |
| 2020 | $7,427 | $706,033 | $0 | $0 |
| 2019 | $7,395 | $704,600 | $400,000 | $304,600 |
| 2018 | $7,321 | $697,333 | $0 | $0 |
| 2017 | $7,380 | $690,067 | $0 | $0 |
| 2016 | $6,797 | $682,800 | $0 | $0 |
| 2015 | $6,797 | $682,800 | $0 | $0 |
| 2014 | $6,797 | $682,800 | $0 | $0 |
Source: Public Records
Map
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