NOT LISTED FOR SALE

10629 Democracy Ln Potomac, MD 20854

Potomac Area

Estimated Value: $1,114,000 - $1,197,353

4 Beds
3.5 Baths
2,761 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2023

Last sale price $1,050,000 $380 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,230 / mo

4 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Space For Rooms
  • Bells Mill Elementary School Rated A
  • Solid Hardwood Flooring
  • 1 Fireplace

About This Home

As of August 2023

Welcome to 10629 Democracy Lane, located in the desirable Inverness Forest area of Potomac. This meticulously maintained 3-level colonial home offers an abundance of features, including an updated gourmet kitchen, opening onto the family room with wood burning fireplace, updated bathrooms, hardwood floors, a 2-car garage and a finished lower level with full bath, all of this making it the perfect place to call home.

Step inside and be captivated by the timeless charm and contemporary elegance this home exudes. The updated kitchen stands as the centerpiece, boasting modern appliances, granite countertops and eating area, and ample custom made cabinets. Whether you enjoy hosting gatherings or having intimate family dinners, this kitchen provides an ideal space to create culinary masterpieces.

The upper level features the primary bedroom suite with updated bathroom, 3 additional bedrooms and updated hall bathroom.

The lower level has a large recreation room, full bathroom, walk-in closet and plenty of storage.

Additional Information:
- The property is located in a peaceful neighborhood known for its tranquil surroundings and sense of community. There is a community pool and tennis courts (membership required).
- The backyard features a spacious patio, perfect for outdoor entertaining or simply enjoying the serene ambiance AND

- A state-of-the-art Golf Simulator shed, the perfect addition to your backyard! Designed to transform your experience of the game, this custom 12-foot by 16-foot shed is tailored to meet your golfing needs, providing endless entertainment and practice opportunities, allowing ample space for a comfortable and immersive golfing experience. The high-resolution projection screen provides an immersive and lifelike environment, creating the feeling of playing on a real golf course. With a vast library of virtual golf courses to choose from, you can experience the thrill of playing on iconic golf courses from around the world, right in the comfort of your backyard. (Electronics do not convey)

To schedule a tour of this stunning property or to inquire further about its remarkable features, please contact us today. Don't miss out on the opportunity to own this exceptional home in sought-after Potomac.

We look forward to answering any questions you may have and helping you make this house your new home.

Last Agent to Sell the Property

Kathi Kershaw

(301) 299-6000 kathi.kershaw@lnf.com Long & Foster Real Estate, Inc. License #SP96736 Listed on: 06/30/2023

Long & Foster Real Estate, Inc.

Co-Listed By

Beverly Graham

(301) 299-6000 realtorgraham@aol.com Long & Foster Real Estate, Inc. License #85178

Last Buyer's Agent

Lida Rippe

(202) 552-5600 dhowell@mcenearney.com Corcoran McEnearney License #SP200202062

Corcoran McEnearney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,481

Year Built

  • Built in 1971

Lot Details

  • 9,714 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Screen For Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Solid Hardwood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Space For Rooms

Outdoor Features

  • Outbuilding

Schools

  • Bells Mill Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

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

Community Details

  • No Home Owners Association
  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161000901868

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,481

Year Built

Built in 1971

Lot Details

9,714 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Electronics for golf simulator
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-06-30
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Solid Hardwood, Laminate Plank
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Recreation Room, Storage Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Interior Access, Outside Entrance, Space For Rooms
  • Total Sq Ft: 3365
  • Living Area Sq Ft: 2761
  • Price Per Sq Ft: 486.56
  • Above Grade Finished Sq Ft: 2158
  • Below Grade Finished Sq Ft: 603
  • Below Grade Sq Ft: 604
  • Total Below Grade Sq Ft: 1207
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Black Top
  • Spa: No
  • 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLS MILL
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9714.00
  • Property Condition: Excellent
  • Zoning: R90
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 8481.00
  • Assessor Parcel Number: 161000901868
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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
Jun 30, 2023
Closed on
Aug 3, 2023
Sold by
Bought by
Seller's Agent
Kathi Kershaw
Long & Foster Real Estate, Inc.
Buyer's Agent
Lida Rippe
Corcoran McEnearney
List Price
$1,050,000
Sold Price
$1,050,000
Views
104
Current Estimated Value
$1,156,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,838
Avg. Annual Appreciation
3.31%
Original Mortgage
$840,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
$1,050,000 First American Title
$267,500 --
$372,875 --
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
Open $840,000
Previous Owner $250,000
Previous Owner $50,000
Previous Owner $192,000
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
08/03/2023 08/03/23 Sold $1,050,000 0.0% $380 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,050,000 -- $380 / 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 $11,121 $919,600 $418,700 $500,900
2024 $10,312 $856,933 $0 $0
2023 $4,439 $794,267 $0 $0
2022 $5,897 $731,600 $418,700 $312,900
2021 $8,731 $691,900 $0 $0
2020 $6,833 $652,200 $0 $0
2019 $6,380 $612,500 $418,700 $193,800
2018 $17,432 $607,700 $0 $0
2017 $6,487 $602,900 $0 $0
2016 -- $598,100 $0 $0
2015 $6,236 $598,100 $0 $0
2014 $6,236 $598,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2097812

Bright MLS

APN: 10-00901868

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