The basement was unfinished. No walls, no ceilings, just the cinderblock walls and cement floor, so no, nothing to raise any concerns about possible water damage. Ironically, the unfinished basement and the perception that there wasn't any water issues was THE key factor for my submitting a contract on this house. I mentioned this several times to the selling agent, explaining that I would eventually finish the basement to increase the living area of the home.
I was upset with the leaking in the basement, but when all of the paint, window casings, and hardwood floors that I just renovated started having issues from the condensation, this was too much! For anyone living in Rockville that heard my breakdown last week, I apologize :)
Thanks again for the responses!