NOT LISTED FOR SALE

10520 Democracy Blvd Potomac, MD 20854

Estimated Value: $1,618,000 - $2,250,000

5 Beds
4.5 Baths
6,504 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2019

Last sale price $1,030,000 $158 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $11,769 / mo

Highlights

  • Heated In Ground Pool
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Potomac Elementary School Rated A
  • Curved or Spiral Staircase
  • Private Lot

About This Home

As of February 2020

NEW PRICE! Set back off Democracy Blvd and situated on a private cul-de-sac of four homes this home is a quiet retreat. Your freshly-painted future residence boasts over 6,500+ Sq-ft spread over three levels featuring five bedrooms, five bathrooms with hardwood floors throughout the main and upper level. This home comes with a tranquil fully fenced garden and your own private pool with spa. The floor plan is flexible with space for informal family living, as well as more formal gatherings. The first floor has a formal dining room, two story family room, living room/library, kitchen, powder room and a sun room. The upper level provides four bedrooms and four baths. The master suite has a spacious master bath, bright bedroom and a huge walk-in closet.The lower level provides lots of additional space including a full bath and bedroom, wet bar and a huge recreation room with fire place. Ideally located near Potomac village, Potomac Library, Falls Road Golf course and Congressional Country Club. This home is assigned to some of Maryland's best public schools - Winston Churchill HS, Herbert Hoover MS and Potomac ES. There are also many private schools nearby, such as Bullis just across the street. This home is a true gem awaiting a new tenant!

Last Agent to Rent the Property

Sina Mollaan

(202) 386-6330 mollaan@gmail.com Compass Listed on: 09/01/2019

Compass

Co-Listed By

Mrs. Kelly M S Balmer

(202) 386-6330 kelly.balmer@compass.com Compass

Compass

Last Renter's Agent

Mrs. Kelly M S Balmer

(202) 386-6330 kelly.balmer@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Cul-De-Sac
  • Masonry wall
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • No Through Street
  • Private Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Formal Dining Room
  • Finished Basement
  • Interior Basement Entry
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Shed
  • Play Equipment

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

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

Community Details

  • No Home Owners Association
  • Potomac Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,500
  • Tenant pays for cable TV, electricity, cooking fuel, exterior maintenance, fireplace/flue cleaning, frozen waterpipe damage, gas, gutter cleaning, heat, hot water, HVAC maintenance, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, minor interior maintenance, pest control, sewer, snow removal, trash removal, all utilities, water
  • The owner pays for real estate taxes
  • Rent includes taxes
  • No Smoking Allowed
  • 12-Month Min and 48-Month Max Lease Term
  • Available 9/1/19
  • $40 Application Fee
  • $75 Repair Deductible
  • Assessor Parcel Number 161001921190

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0.61 Acres

Parking

2

Rental Info

  • Date Available: 2019-09-01
  • Application Fee: 40.00
  • Owner Pays: Taxes - Real Estate
  • Pet Deposit: 1000.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Taxes
  • Security Deposit: 6500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Cooking Fuel, Exterior Maintenance, Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Gas, Gutter Cleaning, Heat, Hot Water, Hvac Maintenance, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Pest Control, Sewer, Snow Removal, Trash Removal, Utilities - All, Water
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 48
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Repair Deductible: 75.00
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Oven - Double, Oven - Wall, Refrigerator, Washer
  • Flooring Type: Hardwood, Stone, Vinyl, Wood
  • Interior Amenities: Bar, Breakfast Area, Curved Staircase, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 7901
  • Living Area Sq Ft: 6504
  • Price Per Sq Ft: 1.04
  • Above Grade Finished Sq Ft: 5304
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 1397
  • Total Below Grade Sq Ft: 2597
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Play Equipment
  • Pool Features: Fenced, Heated, In Ground
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Fencing: Fully, Masonry/Stone, Rear, Wood
  • Lot Features: Cul-De-Sac, Landscaping, No Thru Street, Private
  • Property Condition: Very Good
  • Zoning: R200

Tax Info

  • Assessor Parcel Number: 13988724
  • Assessor Parcel Number: 161001921190
  • Tax Data Updated: Yes

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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

Listed on
Jan 22, 2019
Closed on
May 24, 2019
Sold by
Bought by
Seller's Agent
Joseph Olatunde Seriki
TTR Sotheby's International Realty
Buyer's Agent
Joseph Olatunde Seriki
TTR Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,030,000
Premium/Discount to List
-$220,000
-17.6%
Current Estimated Value
$1,912,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,754
Avg. Annual Appreciation
9.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,030,000 Kvs Title Llc
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2020 02/10/20 Rented $5,500 0.0% --
01/30/2020 01/30/20 Under Contract -- -- --
11/05/2019 11/05/19 Price Changed $5,500 -4.3% $1 / Sq Ft
09/01/2019 09/01/19 For Rent $5,750 0.0% --
05/24/2019 05/24/19 Sold $1,030,000 -13.8% $158 / Sq Ft View Prior Sale
03/28/2019 03/28/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $1,195,000 -4.4% $184 / Sq Ft
01/22/2019 01/22/19 For Sale $1,250,000 -- $192 / Sq Ft
Source: Bright MLS

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 $16,891 $1,395,300 $415,800 $979,500
2024 $15,816 $1,311,300 $0 $0
2023 $14,812 $1,227,300 $0 $0
2022 $13,263 $1,143,300 $415,800 $727,500
2021 $13,190 $1,143,300 $415,800 $727,500
2020 $13,159 $1,143,300 $415,800 $727,500
2019 $15,721 $1,378,000 $526,200 $851,800
2018 $15,607 $1,365,900 $0 $0
2017 $15,230 $1,353,800 $0 $0
2016 -- $1,341,700 $0 $0
2015 $15,248 $1,341,700 $0 $0
2014 $15,248 $1,341,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC676832

Bright MLS

APN: 10-01921190

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