NOT LISTED FOR SALE

10905 Picasso Ln Potomac, MD 20854

Estimated Value: $1,539,000 - $1,882,000

5 Beds
4.5 Baths
4,966 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,400,000 $282 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,709/month

65 Days on Market

Highlights

  • Sauna
  • Gourmet Kitchen
  • 1.36 Acre Lot
  • Potomac Elementary School Rated A
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of August 2022

Tranquility and serenity abound in this timeless 5 Bedroom plus an office/study, 4.5-baths contemporary, with all bedrooms on one level home, on a glorious private wooded cul-de-sac lot including mature trees, specimen plantings and a flagstone patio. An entrance foyer welcomes guests into this meticulously maintained home featuring renovations with floor to ceiling windows with spectacular nature views, hardwood floors, plenty of rooms for entertaining, an open style kitchen with designer touches, center island, and a wood-burning see-through fireplace, a zen-inspired master bedroom suite with a gas fireplace, and a finished walkout lower level with gracious entertaining space including a built-in bar, & a private sauna. Conveniently located with easy access to great falls park, walking and bike trails, shopping, restaurants, three major airports and DC.

Last Agent to Sell the Property

Margie Halem

Compass Listed on: 05/12/2022

Compass

Last Buyer's Agent

Lupe Rohrer

Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,246

Year Built

  • Built in 1973 | Remodeled in 2003

Lot Details

  • 1.36 Acre Lot
  • Cul-De-Sac
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Dining Room
  • Den
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Sauna
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Location

  • Property is near a park

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Subdivision, Beautiful Open Space Floorplan

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161000855613

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,246

Year Built

Built in 1973 | Remodeled in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-05-12
  • Year Built: 1973
  • Year Renovated: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Tranquility and serenity abound in this timeless 5 Bedroom plus an office/study, 4.5-baths contemporary, with all bedrooms on one level home, on a glorious private wooded cul-de-sac lot including mature trees, specimen plantings and a flagstone patio. An entrance foyer welcomes guests into this meticulously maintained home featuring renovations with floor to ceiling windows with spectacular nature views, hardwood floors, plenty of rooms for entertaining, an open style kitchen with designer touches, center island, and a wood-burning see-through fireplace, a zen-inspired master bedroom suite with a gas fireplace, and a finished walkout lower level with gracious entertaining space including a built-in bar, & a private sauna. Conveniently located with easy access to great falls park, walking and bike trails, shopping, restaurants, three major airports and DC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Gourmet, Window Treatments, Sauna, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Foyer, Breakfast Room, Bedroom 1, Study, Laundry, Mud Room, Recreation Room, Storage Room, Utility Room, Workshop
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Full, Fully Finished, Outside Entrance
  • Total Sq Ft: 4966
  • Living Area Sq Ft: 4966
  • Price Per Sq Ft: 351.74
  • Above Grade Finished Sq Ft: 3966
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10905

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Tile
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 762100.00
  • Land Assessed Value: 579900.00
  • Land Use Code: R
  • Lot Features: Backs - Parkland, Backs To Trees, Cul-De-Sac
  • Lot Size Acres: 1.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59167.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13980094
  • Tax Annual Amount: 15246.00
  • Assessor Parcel Number: 161000855613
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 4966
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/18/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 18, 2022
Sold by
Alexander Verba
Bought by
Surratt Jason R and Surratt Tayleah L
Seller's Agent
Margie Halem
Compass
Buyer's Agent
Lupe Rohrer
Redfin Corp
List Price
$1,395,000
Sold Price
$1,400,000
Premium/Discount to List
$5,000
0.36%
Current Estimated Value
$1,704,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,972
Avg. Annual Appreciation
6.83%
Original Mortgage
$420,000
Outstanding Balance
$404,831
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,299,843

Purchase Details

Closed on
Dec 16, 2002
Sold by
Harmuth Henning F Et Al Tr
Bought by
Verba Alexander and Verba Elena
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Surratt Jason R $1,400,000 --
Verba Alexander $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surratt Jason R $420,000
Open Surratt Jason R $840,000
Previous Owner Verba Elena $347,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $1,400,000 +0.4% $282 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,395,000 0.0% $281 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,395,000 -- $281 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,491 $1,364,733 $0 $0
2023 $15,633 $1,353,367 $0 $0
2022 $14,824 $1,342,000 $579,900 $762,100
2021 $14,555 $1,324,367 $0 $0
2020 $14,330 $1,306,733 $0 $0
2019 $14,109 $1,289,100 $579,900 $709,200
2018 $14,127 $1,289,100 $579,900 $709,200
2017 $14,834 $1,289,100 $0 $0
2016 -- $1,302,000 $0 $0
2015 $11,326 $1,232,267 $0 $0
2014 $11,326 $1,162,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2047912

Bright MLS

APN: 10-00855613