10517 Democracy Blvd Potomac, MD 20854
Estimated Value: $1,408,000 - $1,858,000
Studio
4
Baths
4,044
Sq Ft
$383/Sq Ft
Est. Value
About This Home
This home is located at 10517 Democracy Blvd, Potomac, MD 20854 and is currently estimated at $1,550,791, approximately $383 per square foot. 10517 Democracy Blvd is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2020
Sold by
Chiang Lee and Wu Kathleen
Bought by
Chiang Lee
Current Estimated Value
Purchase Details
Closed on
Aug 10, 2005
Sold by
Jang Chien and Jang Yuan
Bought by
Chiang Lee and Chiang Kathleen Wu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Outstanding Balance
$406,538
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,144,253
Purchase Details
Closed on
Sep 21, 1994
Sold by
Kentsdale Inc
Bought by
Yuan Chien Jang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,450
Interest Rate
8.56%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chiang Lee | -- | Accommodation | |
| Chiang Lee | $1,040,000 | -- | |
| Yuan Chien Jang | $550,580 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chiang Lee | $830,000 | |
| Previous Owner | Yuan Chien Jang | $440,450 |
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 | $12,623 | $1,107,600 | $451,100 | $656,500 |
| 2024 | $12,623 | $1,045,767 | $0 | $0 |
| 2023 | $11,190 | $983,933 | $0 | $0 |
| 2022 | $10,011 | $922,100 | $451,100 | $471,000 |
| 2021 | $9,919 | $922,100 | $451,100 | $471,000 |
| 2020 | $9,919 | $922,100 | $451,100 | $471,000 |
| 2019 | $10,180 | $947,700 | $495,000 | $452,700 |
| 2018 | $10,191 | $947,700 | $495,000 | $452,700 |
| 2017 | $10,382 | $947,700 | $0 | $0 |
| 2016 | -- | $953,900 | $0 | $0 |
| 2015 | $10,784 | $953,900 | $0 | $0 |
| 2014 | $10,784 | $953,900 | $0 | $0 |
Source: Public Records
Map
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