$1,400,000
SOLD AUG 13, 2021

10501 Democracy Blvd Potomac, MD 20854

4 Beds
4.5 Baths
4,982 Sq Ft
0.51 Acres

Recently Sold

$281 Per Sq Ft

8% Above List Price

6 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Direct Access Garage
  • Potomac Elementary School Rated A
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of July 2024

New listing in Potomac Village. Convenient location, 1/2 acre lot , circular drive and unending curb appeal! Colonial-style, with over 5000 sq ft, 4 bedroom/4.5 bath home built in 1994! The perfect floor plan for entertaining and family living with high ceilings, hardwood floors, palladium windows, and custom features. First floor with open floor plan, and two-story foyer. Gourmet kitchen opens to breakfast room and large sun-filled family room with double french doors to the deck with two full seating areas. Formal living room, separate dining room, office with custom built-ins and large sunroom with three walls of window! First floor laundry! Second level has an expansive primary bedroom with sitting room and large primary bath, two additional en-suite bedrooms. Exceptional, finished, lower level with a second home office, 4th bedroom with wall of windows and two closets, full bath, double-sized family room with fireplace, and newly built home gym! First open Saturday 7/10 , 2 to 4 pm and Sunday, 7/11, 1 to 4 pm. OFFER DEADLINE: Tuesday, July 13, 1 pm

Last Agent to Sell the Property

Kathleen Kiernan

Washington Fine Properties, LLC License #639752 Listed on: 07/07/2021

Washington Fine Properties, LLC

Last Buyer's Agent

Kathleen King

Washington Fine Properties, LLC

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,357

Year Built

  • Built in 1994

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Blenheim Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161002724901

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,357

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: New listing in Potomac Village. Convenient location, 1/2 acre lot , circular drive and unending curb appeal! Colonial-style, with over 5000 sq ft, 4 bedroom/4.5 bath home built in 1994! The perfect floor plan for entertaining and family living with high ceilings, hardwood floors, palladium windows, and custom features. First floor with open floor plan, and two-story foyer. Gourmet kitchen opens to breakfast room and large sun-filled family room with double french doors to the deck with two full seating areas. Formal living room, separate dining room, office with custom built-ins and large sunroom with three walls of window! First floor laundry! Second level has an expansive primary bedroom with sitting room and large primary bath, two additional en-suite bedrooms. Exceptional, finished, lower level with a second home office, 4th bedroom with wall of windows and two closets, full bath, double-sized family room with fireplace, and newly built home gym! First open Saturday 7/10 , 2 to 4 pm and Sunday, 7/11, 1 to 4 pm. OFFER DEADLINE: Tuesday, July 13, 1 pm
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Heated, Outside Entrance, Walkout Level
  • Total Sq Ft: 5706
  • Living Area Sq Ft: 4982
  • Price Per Sq Ft: 351.71
  • Above Grade Finished Sq Ft: 3682
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 724
  • Total Below Grade Sq Ft: 2024
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10501

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22417.00
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12357.00
  • Assessor Parcel Number: 161002724901
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 4982
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/13/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 2, 2024
Sold by
Krawiec Krank and Krawiec Franciszek
Bought by
Bullis School Inc
Seller's Agent
Jennifer Wellde
Washington Fine Properties, LLC
Buyer's Agent
Amy Embrey
Keller Williams Capital Properties
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Views
102
Current Estimated Value
$1,807,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,012
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 13, 2021
Sold by
Troost William Patrick and Troost Noelle
Bought by
Krawiec Franciszek and Krawiec Stanislswa
Seller's Agent
Kathleen Kiernan
Washington Fine Properties, LLC
Buyer's Agent
Kathleen King
Washington Fine Properties, LLC
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jul 25, 2019
Sold by
Testa Charles and Testa Terry
Bought by
Troost William Patrick and Clemente Noelle
Seller's Agent
Jennifer Chow
RLAH @properties
Buyer's Agent
Kathleen Kiernan
Washington Fine Properties, LLC
List Price
$1,149,000
Sold Price
$1,150,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$135,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 8, 1994
Sold by
Kentsdale Inc
Bought by
Testa Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,700,000 First American Title
Warranty Deed $1,700,000 First American Title
Deed $1,400,000 Monarch Title Inc
Deed $1,150,000 Paragon Title & Escrow Co
Deed $624,450 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $994,000 New Conventional
Previous Owner $135,000 Stand Alone Second
Previous Owner $900,000 New Conventional
Previous Owner $173,214 Stand Alone Second
Previous Owner $172,568 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $1,700,000 +0.3% $328 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,695,000 +21.1% $327 / Sq Ft
08/13/2021 08/13/21 Sold $1,400,000 +8.1% $281 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,295,000 +12.6% $260 / Sq Ft
07/26/2019 07/26/19 Sold $1,150,000 +0.1% $231 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $1,149,000 -- $231 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $15,356 $1,353,200 $406,000 $947,200
2024 $15,356 $1,283,200 $0 $0
2023 $13,832 $1,213,200 $0 $0
2022 $12,450 $1,143,200 $406,000 $737,200
2021 $12,160 $1,122,933 $0 $0
2020 $11,911 $1,102,667 $0 $0
2019 $11,665 $1,082,400 $516,100 $566,300
2018 $11,653 $1,054,900 $0 $0
2017 $11,204 $1,027,400 $0 $0
2016 -- $999,900 $0 $0
2015 $10,998 $999,900 $0 $0
2014 $10,998 $999,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2003154

Bright MLS

APN: 10-02724901