Montgomery County · Home sale
10708 Lockland Rd in Potomac sells for $2.71 million
A single-family home at 10708 Lockland Rd, Potomac sold for $2,710,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,710,000
- Sold
- September 3, 2026
- Property type
- Single-family home
- Living area
- 7,305 sq ft
- Price per sq ft
- $371
- Year built
- 2012
The $2,710,000 sale price was 22% below the home’s market value on record. The Maryland Department of Assessments and Taxation’s property records show the sale closed September 3, 2026, at 10708 Lockland Rd in Potomac.
An aerial photo shows other houses around the property.
The record lists Graham John Frank, Trust as the seller. Assessor’s records show 7,305 square feet of living area, a build year of 2012 and a 1.57-acre lot. The price works out to $371 per square foot.
The Assessor’s records list a market value of $3,454,400. The last sale on record was $850,000 in 2012. The new price is 3.2 times that amount.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting commission and prorations, were $26,088.50 for the recordation tax (Montgomery County, owner-occupied) and $13,550 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $2,522,619. That assumes a 5% commission. It is before any mortgage payoff.
How much cash did the buyer bring to closing?
A buyer putting 20% down would need about $645,879 at closing. That covers the down payment and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70905-0046. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.