24 days on rocket

10404 Democracy Ln, Potomac, MD, 20854

$1,350,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,478 SqFt
$388/SqFt
Townhouse

Location

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10404 Democracy Ln, Potomac$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage - Front Entry, Garage - Side Entry, Garage Door Opener, Inside Access, Asphalt Driveway, Unassigned, Attached Garage, Driveway, Parking Lot
Garage2 spaces
Year Built1972
HeatingForced Air, Central
CoolingCentral Air
MLS #MDMC2153580
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 10404 Democracy Ln

Welcome to your new home in the highly sought after East Gate of Potomac Community! This beautiful 5 bedroom, 3.5 bathroom semi detached brick home features vaulted ceilings, crown molding, newly installed tile flooring, elegant engineered hardwood flooring throughout home, renovated baths, and a open and airy gourmet chef's kitchen. Walk in entry level boast a large en-suite bedroom with a full bathroom. Walk up to the main level with a plethora of windows that makes for a lovely naturally lit ambiance. Kitchen boast high end stainless steel Viking appliances, new backsplash, breakfast bar, and wine rack. Access your private fenced in backyard and patio via the dinning room or breakfast room. The upstairs is equipped with four lovely bedrooms. The primary bedroom boast an en suite bathroom with a spa ambiance, stand alone tub and spa shower. Just minutes from 495 and I-270. Home is equipped with interior and exterior cameras. This one is a must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1972
  • Stories: 3
  • Living Area: 3,478 SqFt

Listing Office:

  • Office Name: Argent Realty,LLC
  • Office Phone: (240) 913-8110
  • Listing Agent: Ololade A Grabovenko

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Garage - Side Entry, Garage Door Opener, Inside Access, Asphalt Driveway, Unassigned, Attached Garage, Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: see gps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $388/SqFt

HOA Fees:

  • Amount: $1900
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,391
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2153580

Listing Office:

  • Office Name: Argent Realty,LLC
  • Office Phone: (240) 913-8110
  • Listing Agent: Ololade A Grabovenko

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 2004Home Sold
$840,000
Aug 09, 2002Home Sold
$541,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,391$751,400
2020$7,927$751,400
2018$8,009$759,600

History based on county public records data.

Payment Calculator

$6,963

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-355572
9
/10
  • Bells Mill Elementary School

  • 8225 Bells Mill Rd

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-355573
10
/10
  • Seven Locks Elementary School

  • 9500 Seven Locks Rd

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-355574
8
/10
  • Farmland Elementary School

  • 7000 Old Gate Rd

  • 1.84 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $183,451. The most common annual income of people living in Montgomery County, MD is $200k+. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10404 Democracy Ln

What is the listing price of this property?

The listing price of 10404 Democracy Ln property is $1,350,000.

What type of property is this?

The property 10404 Democracy Ln is a townhouse located in Potomac, Maryland, 20854.

Is this property for sale now?

Active Listing: 10404 Democracy Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,391 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 2004 for $840,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10404 Democracy Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 10404 Democracy Ln is 3,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10404 Democracy Ln is 1972.

Rocket HomesMarylandMontgomery CountyPotomac2085410404 Democracy Ln

This home is located at 10404 Democracy Ln in Potomac, MD and zip code 20854 in the Potomac neighborhood. This 3,478 square foot home, which was built in 1972, sits on a 0.09 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,350,000.

Montgomery County, MD housing market in October 2024 saw over 340 listings sold above listed price, more than 214 sold at listed price and over 226 sold below. In October 2024 in Montgomery County, MD there were 13.9% more homes for sale than in September 2024. In October 2024 median list price was $606,055 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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