NOT LISTED FOR SALE

10620 Democracy Ln Potomac, MD 20854

Potomac Area

Estimated Value: $852,000 - $1,175,000

5 Beds
2.5 Baths
2,418 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

Last sale price $880,000 $364 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,515 / mo

12 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Attic
  • Bells Mill Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

Welcome to this light and bright center hall colonial in the heart of Potomac! Turn key move in ready for its new owners!! This home features five large bedrooms upstairs and an updated hall bathroom! Freshly painted through out and newly refinished hardwood floors on the main level and the bedroom level. Newer vinyl replacement windows, roof and HVAC. Family room with fireplace off of kitchen and large dining room for entertaining. The owners suite has a large walk in closet, dressing area and large bathroom with tub and separate shower. Fenced backyard! Great location convenient to beltway, transportation, new Cabin John shopping center, Montgomery Mall and highly rated Montgomery county schools! Come see this home today!!

Last Agent to Sell the Property

Audrey June-Forshey

(240) 403-0400 audreyforshey@gmail.com RE/MAX Realty Services Brokerage Phone: 2404030400 Listed on: 08/26/2021

RE/MAX Realty Services

Co-Listed By

Maria Briscoe

(240) 403-0400 mariajbriscoe@gmail.com RE/MAX Realty Services Brokerage Phone: 2404030400 License #602165

Last Buyer's Agent

Lee Arrowood

(202) 448-9002 lee.arrowood@compass.com Compass License #659224

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,094

Year Built

  • Built in 1971

Lot Details

  • 8,250 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,418 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Solar Tube

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

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

Community Details

  • No Home Owners Association
  • Bells Mill Village Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 161000896395

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,094

Year Built

Built in 1971

Lot Details

8,250 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 8/27/2021 12:00:00 AM
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Solar Tube(s), Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Replacement, Vinyl Clad
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2418
  • Living Area Sq Ft: 2418
  • Price Per Sq Ft: 355.62
  • Above Grade Finished Sq Ft: 2418
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Gutter System, Street Lights
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

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
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear, Wood
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8250.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7094.00
  • Assessor Parcel Number: 161000896395
  • Tax Lot: 32
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

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
Aug 26, 2021
Closed on
Oct 6, 2021
Sold by
Bought by
Seller's Agent
Audrey June-Forshey
RE/MAX Realty Services
Buyer's Agent
Lee Arrowood
Compass
List Price
$859,900
Sold Price
$880,000
Premium/Discount to List
$20,100
2.34%
Current Estimated Value
$1,045,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,000
Avg. Annual Appreciation
3.63%
Original Mortgage
$704,000
Interest Rate
0.0299%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
Seller's Agent
Audrey June-Forshey
RE/MAX Realty Services
Buyer's Agent
Lee Arrowood
Compass
List Price
$859,900
Sold Price
$880,000
Premium/Discount to List
$20,100
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
0.0299%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bought by

Purchase Details

Closed on
May 30, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$880,000 Paragon Title & Escrow Co
-- None Listed On Document
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $704,000
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
10/08/2021 10/08/21 Sold $880,000 +2.3% $364 / Sq Ft
09/07/2021 09/07/21 For Sale $859,900 -2.3% $356 / Sq Ft
08/27/2021 08/27/21 Off Market $880,000 -- --
08/26/2021 08/26/21 For Sale $859,900 -- $356 / 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 $9,320 $937,200 $337,500 $599,700
2024 $10,014 $830,967 $0 $0
2023 $7,566 $724,733 $0 $0
2022 $6,541 $618,500 $337,500 $281,000
2021 $7,163 $617,200 $0 $0
2020 $6,433 $615,900 $0 $0
2019 $6,403 $614,600 $337,500 $277,100
2018 $6,230 $598,567 $0 $0
2017 $6,124 $582,533 $0 $0
2016 -- $566,500 $0 $0
2015 $5,815 $566,500 $0 $0
2014 $5,815 $566,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2021

    Maria Briscoe

    RE/MAX

    (240) 778-7622

    8 Total Sales

    Maria Briscoe
    Section Image
  • Lee Arrowood

    Buyer's Agent in 2021

    Lee Arrowood

    Compass

    (202) 251-3175

    85 Total Sales

    Lee Arrowood
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2011716

Bright MLS

APN: 10-00896395

Maryland Montgomery County Potomac 20854

10620 Democracy Ln, Potomac, MD

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