10909 Picasso Ln Potomac, MD 20854
Estimated Value: $1,488,000 - $1,825,000
5
Beds
4.5
Baths
4,035
Sq Ft
$415/Sq Ft
Est. Value
Highlights
- Private Pool
- 1.49 Acre Lot
- 3 Fireplaces
- Potomac Elementary School Rated A
- Contemporary Architecture
- Workshop
About This Home
As of August 2022Magnificent custom-designed contemporary home nested in the splendor of a private 1.49 acre setting. Five generously-sized bedrooms on one level. Captivating views of this wooded, yet sun-filled oasis abound from every room and angle. Perfect for intimate gatherings and large celebrations. Stone exterior, custom ceramic floors interior, customized garage door cost more than $400K. In ground deep diving pool with hot tub. Three fireplaces in family, master bedroom and recreation room. Dramatic 36-foot wide entry. Vaulted ceiling, skylights and recess lights add beauty and practicality. Striking spiral stairway leading to loft/gallery. Architectural tray ceiling and much more. A picture is worth a thousand words. Roof(2022), Primary bedroom hardwood floor(2022), living room floor(2022), Fresh paint(2022), Radon System(2022), One HVAC(2021), 3.5 bathrooms(2018). Swimming pool serviced and tested in May, 2022. As-is condition. Pre-inspection is recommended. Convenient location, minutes from the heart of our national's capital with easy access to great falls park, walking and bike trails, shopping, restaurants, three major airports. This is the one, submit an offer before it is gone.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,786
Year Built
- Built in 1974
Lot Details
- 1.49 Acre Lot
- Southwest Facing Home
- Property is in very good condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Permanent Foundation
- Frame Construction
- Asphalt Roof
- Stone Siding
Interior Spaces
- Property has 2 Levels
- 3 Fireplaces
- Wood Burning Fireplace
- Laundry on main level
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Finished Basement
- Heated Basement
- Walk-Up Access
- Connecting Stairway
- Rear Basement Entry
- Sump Pump
- Workshop
- Crawl Space
- Basement Windows
Pool
- Private Pool
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 Outside Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 10
- Assessor Parcel Number 161000858811
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2022
Closed on
Aug 8, 2022
Sold by
Xing Xia
Bought by
Smith Spencer Lyle
Seller's Agent
Jianmin Liu
Libra Realty, LLC
Buyer's Agent
Mona Toosi
Wright Real Estate, LLC
List Price
$1,495,000
Sold Price
$1,428,000
Premium/Discount to List
-$67,000
-4.48%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,300
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,142,400
Outstanding Balance
$1,099,484
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$573,816
Purchase Details
Listed on
Aug 2, 2011
Closed on
Jul 3, 2012
Sold by
Moshedi Emil P and Moshedi Lisa M
Bought by
Xia Xing and Wang Yang
Seller's Agent
Amy Michaels
Compass
Buyer's Agent
Jianmin Liu
Libra Realty, LLC
List Price
$1,199,000
Sold Price
$1,068,000
Premium/Discount to List
-$131,000
-10.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2004
Sold by
Lake Harold and Lake A
Bought by
Moshedi Emil P
Purchase Details
Closed on
Jun 24, 2004
Sold by
Lake Harold and Lake A
Bought by
Moshedi Emil P
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Spencer Lyle | $1,428,000 | None Listed On Document | |
| Xia Xing | $1,068,000 | First American Title Company | |
| Moshedi Emil P | $1,150,000 | -- | |
| Moshedi Emil P | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Spencer Lyle | $1,142,400 | |
| Previous Owner | Xia Xing | $800,000 | |
| Previous Owner | Moshedi Emil P | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $1,428,000 | -4.5% | $354 / Sq Ft |
| 07/09/2022 07/09/22 | Pending | -- | -- | -- |
| 07/09/2022 07/09/22 | For Sale | $1,495,000 | +4.7% | $371 / Sq Ft |
| 07/09/2022 07/09/22 | Off Market | $1,428,000 | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $1,495,000 | +4.7% | $371 / Sq Ft |
| 07/08/2022 07/08/22 | Off Market | $1,428,000 | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $1,495,000 | +40.0% | $371 / Sq Ft |
| 07/03/2012 07/03/12 | Sold | $1,068,000 | -10.9% | $334 / Sq Ft |
| 04/25/2012 04/25/12 | Pending | -- | -- | -- |
| 03/18/2012 03/18/12 | For Sale | $1,199,000 | +12.3% | $374 / Sq Ft |
| 03/16/2012 03/16/12 | Off Market | $1,068,000 | -- | -- |
| 03/03/2012 03/03/12 | Price Changed | $1,199,000 | -6.8% | $374 / Sq Ft |
| 09/09/2011 09/09/11 | For Sale | $1,287,000 | +20.5% | $402 / Sq Ft |
| 08/15/2011 08/15/11 | Off Market | $1,068,000 | -- | -- |
| 08/02/2011 08/02/11 | For Sale | $1,287,000 | -- | $402 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $16,529 | $1,368,033 | $0 | $0 |
| 2023 | $17,117 | $1,362,067 | $0 | $0 |
| 2022 | $14,979 | $1,356,100 | $587,300 | $768,800 |
| 2021 | $14,094 | $1,282,567 | $0 | $0 |
| 2020 | $13,252 | $1,209,033 | $0 | $0 |
| 2019 | $12,415 | $1,135,500 | $587,300 | $548,200 |
| 2018 | $12,430 | $1,135,500 | $587,300 | $548,200 |
| 2017 | $13,024 | $1,135,500 | $0 | $0 |
| 2016 | -- | $1,144,700 | $0 | $0 |
| 2015 | $11,516 | $1,133,300 | $0 | $0 |
| 2014 | $11,516 | $1,121,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jianmin Liu
J
Seller's Agent in 2022
Jianmin Liu
Libra Realty, LLC
(240) 654-7119
3 in this area
61 Total Sales
-
Mona Toosi
M
Buyer's Agent in 2022
Mona Toosi
Wright Real Estate, LLC
(202) 439-6404
2 in this area
9 Total Sales
-
Amy Michaels
Seller's Agent in 2012
Amy Michaels
Compass
(301) 807-5990
6 in this area
33 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2057258
APN: 10-00858811
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