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Potomac 20854 Potomac
10440 DEMOCRACY LN
$1,150,000
● House - Off Market

10440 DEMOCRACY LN

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,464 Ft²
$7,542
Est. Monthly
$1,900
HOA / Fees
3.66%
Cap Rate

About This Property

Sun-filled, expansive 5 bedroom, 2.5 bathroom semi-detached solid brick property in the wonderful East Gate neighborhood of Potomac! This home features tasteful architectural details including; beautiful custom built-ins, handsome moldings, wood flooring on the main and upper levels, recessed lighting, replacement windows, and an outstanding chef's kitchen! The main level offers a welcoming entry foyer with a coat closet, a large living room with crown molding, an inviting family room with a brick fireplace and access to the backyard, and a gourmet kitchen that opens to a dining area which connects to a patio and spectacular backyard with synthetic grass and mature plantings. The expansive gourmet kitchen offers exquisite Quartz counters, a large island / breakfast bar with pendant lighting, exquisite wood cabinetry, top tier stainless-steel appliances including a Jen Air 5 burner gas cook-top, and a stainless-steel hood. Adjoining the kitchen is a large open dining area with glass front cabinetry, a custom buffet, stemware wine racks, and a built-in wine holder. The main level is complete with a spacious mudroom / laundry room with extensive organizational cubbies, a powder room, and access to the 2-car garage. There are 5 upper-level bedrooms and 2 updated full bathrooms, including a light-filled primary bedroom suite with ceiling fan, a walk-in closet with an organizing system, and a private full bath.  The lower level provides even more living space with a fabulous recreation room with recessed lighting, a versatile gym / office, and a utility / storage room with a workbench area.  The home's exterior includes a delightful front patio with complimentary landscaping, a brick fenced backyard with an inviting stone terrace which is perfect for entertaining and dining El Fresco.

This incredible property is nestled in the highly sought after neighborhood of East Gate of Potomac (Worland Court 3), a serene enclave of large semi-detached homes in beautiful Potomac. Just minutes from both I-495 and I-270.  Easy, convenient, luxury living at its finest!

Schools: Churchill High School, Cabin John Middle School, Bells Mill Elementary School
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$466
Property Type
House
Property Taxes
$768
HOA Dues
$1,900
Year Built
1972

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Last updated: 3 years ago (Bright MLS #MDMC2110370)

Price History

Date / Event Date Event Price
Dec 26, 2023 Sold
Sold
Nov 12, 2023 In contract -
In contract
Nov 8, 2023 Price Decreased $1,149,000
↓ $51K (4.2%)
Price Decreased
Oct 19, 2023 Listed by Long & Foster Real Estate, Inc. $1,199,900
Listed by Long & Foster Real Estate, Inc.
Jul 9, 2007 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 700
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,260
  • Total Building Area: 2,464
  • Gross Building Area: 2,464
  • Building Area: 2,464
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST GATE OF POTOMAC
  • Land Acres: 0000000098
  • Standard Land Use Code: 1002
  • County Land Use Code: R-B002
  • Legal Description 1: EAST GATE OF POTOMAC

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706010

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GP13
  • Account Number: 00908233
  • District: 10
  • Parcel: 10-00908233
  • Block: H
  • Lot: 49
  • Latitude: 39.0264
  • Longitude: -77.1667

    Address

  • Full Address: 10440 Democracy Ln
  • Address - House Number: 10440
  • Address - Street Name: Democracy
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Potomac
  • Carrier Code: C018
  • 4-Digit Zip Code: 4036
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,148,528

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 1,156,405
  • High Value: 1,235,467
  • Low Value: 1,077,344

    Market Valuation

  • Market Total Value: $1,105,300
  • Market Land Value: $400,000
  • Market Improvement Value: $705,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $900,367

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Contract Date: Jun 14, 2007
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Potomac


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Frequently Asked Questions

When was property at 10440 Democracy Lane built and last sold?
The property at 10440 Democracy Lane was built in 1972 and last sold on Dec 1, 2023 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 10440 Democracy Lane is $0.
What are some comparable homes to 10440 Democracy Lane?
There are currently no comparable homes to 10440 Democracy Lane.