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Potomac 20854 Potomac
10509 DEMOCRACY LN
$1,657,800
● House - Off Market

10509 DEMOCRACY LN

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,556 Ft²
$7,611
Est. Monthly

About This Property

Ideally located on a quiet cul-de-sac off Democracy LANE, this custom-built Nantucket-style home is truly one-of-a-kind.  Located in the Courts of Democracy, a development of just 12 delightful residences, not in an HOA.  The dramatic, welcoming two-story foyer sets the tone for the elegance found throughout this turn-key home. The main level boasts a light-filled living room, formal dining room, chef's eat-in kitchen, and a spacious family room with dramatic ceiling height, native stone gas fireplace and double doors to the sun-filled deck.  The gourmet kitchen features stainless steel appliances including a SubZero refrigerator, island with countertop seating, custom cabinetry and plantation shutters. Charm and sophistication abound; flooded with natural light, gleaming hardwood floors, recessed lighting, and incredible ceiling height throughout the home.

The natural light-filled upper level features a luxurious primary retreat with a sitting room, two walk-in closets, vaulted ceilings, and a recently renovated spacious spa-like ensuite bathroom. Three more nicely sized additional bedrooms and two full bathrooms, one ensuite, round out the upper level.

The lower level offers even more living space with an additional bedroom, full bathroom, office space, recreation room with a wood burning fireplace, generous laundry room as well as a storage room. The attached two-car garage has additional storage space along with an electric vehicle charger. Additional guest parking for four cars. Enjoy this tranquil setting on the wraparound porch or the rear deck, open to the professionally landscaped yard, private and low maintenance with an inground sprinkler system.

Conveniently located near Cabin John Mall, Cabin John Park & Ice-Skating Rink, Montgomery Mall, and an abundance of swim, tennis, and recreational parks, giving residents easy access to a variety of amenities. Bells Mill ES, Cabin John MS, and blue-ribbon Churchill High School serve the neighborhood. This property offers a perfect combination of elegance, functionality, and convenience, making it a truly turn-key home. Welcome home!

* Please note: this property is on Democracy Lane, not Boulevard. *
Unit Size
3,556 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$436
Property Type
House
Property Taxes
$1,071
HOA Dues
-
Year Built
1990

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Last updated: 3 years ago (Bright MLS #MDMC2109538)

Price History

Date / Event Date Event Price
Mar 20, 2024 Sold
Sold
Feb 7, 2024 In contract -
In contract
Feb 1, 2024 Listed by Compass $1,550,000
Listed by Compass
Jun 25, 2015 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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: 1,200
  • Garage Type: 2
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,840
  • Total Building Area: 3,556
  • Gross Building Area: 3,556
  • Building Area: 3,556
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INVERNESS FOREST
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: INVERNESS FOREST 973 9/895

Neighborhood

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

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GP23
  • Account Number: 02860677
  • District: 10
  • Parcel: 10-02860677
  • Block: J
  • Lot: 210
  • Latitude: 39.028
  • Longitude: -77.1665

    Address

  • Full Address: 10509 Democracy Ln
  • Address - House Number: 10509
  • Address - Street Name: Democracy
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Potomac
  • Carrier Code: C018
  • 4-Digit Zip Code: 4004
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,341,042

    Appraisal Valuation

  • Standard Deviation: 0.0696
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 96
  • Final Value: 1,551,085
  • High Value: 1,659,049
  • Low Value: 1,443,121

    Market Valuation

  • Market Total Value: $1,301,700
  • Market Land Value: $419,800
  • Market Improvement Value: $881,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,182,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 25, 2015
  • Previous Sale Contract Date: May 29, 2015
  • Previous Sale Amount: $1,224,000
  • 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 10509 Democracy Lane built and last sold?
The property at 10509 Democracy Lane was built in 1990 and last sold on Mar 15, 2024 for $1,657,800.
How much is this home worth?
The estimated value of the home located at 10509 Democracy Lane is $1,576,572.
What are some comparable homes to 10509 Democracy Lane?
There are currently no comparable homes to 10509 Democracy Lane.