$1,068,000
SOLD JUL 3, 2012

10909 Picasso Ln Potomac, MD 20854

4 Beds
4.5 Baths
3,202 Sq Ft
1.49 Acres

Recently Sold

$334 Per Sq Ft

11% Below List Price

267 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Property is near a park
  • Potomac Elementary School Rated A
  • 1.49 Acre Lot
  • Traditional Floor Plan

About This Home

As of August 2022

Almost $100K price reduction! Serious sellers of this sophisticated sprawl. . Superb flrplan for easy lifestyle & entertaining. Awesome views fr every rm.inclu fab MBR/MBA suite w/FP & private patio.Lib w/built-ins, inviting FR w/spiral strwy to roomy loft, sleek kit & gracious DR. Moments fr Pot Vllg, Grt Falls Pk, C&O Canal/ towpath & DC! Churhill cluster!

Last Agent to Sell the Property

Amy Michaels

Compass License #0225183741 Listed on: 08/02/2011

Compass

Last Buyer's Agent

Jianmin Liu

Libra Realty, LLC License #640993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,562

Year Built

  • Built in 1974

Lot Details

  • 1.49 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned R200

Parking

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

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Cathedral Ceiling
  • 3 Fireplaces
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room Overlook on Second Floor
  • Living Room
  • Dining Room
  • Den
  • Library
  • Loft
  • Game Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Rear Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Playground

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Multi-Tank Hot Water Heater
  • 60+ Gallon Tank
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161000858811

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,562

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1974
  • Remarks Public: Almost $100K price reduction! Serious sellers of this sophisticated sprawl. . Superb flrplan for easy lifestyle & entertaining. Awesome views fr every rm.inclu fab MBR/MBA suite w/FP & private patio.Lib w/built-ins, inviting FR w/spiral strwy to roomy loft, sleek kit & gracious DR. Moments fr Pot Vllg, Grt Falls Pk, C&O Canal/ towpath & DC! Churhill cluster!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Oven - Double, Oven - Wall
  • Interior Amenities: Breakfast Area, Kitchen - Island, Kitchen - Table Space, Dining Area, Primary Bath(s), Built-Ins, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, High
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Library, Foyer, Bedroom 1, 2nd Stry Fam Ovrlk, Study, Laundry, Loft, Mud Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished, Heated, Walkout Stairs
  • Living Area Units: Square Feet
  • Street Number Modifier: 10909

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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

  • Construction Materials: Stone
  • Construction Completed: No
  • Exterior Features: Play Area
  • Pool Features: In Ground
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • 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: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Multi-Tank
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 523200.00
  • Land Assessed Value: 587300.00
  • Lot Features: Backs To Trees, Backs - Parkland
  • Lot Size Acres: 1.49
  • Lot Size Area: 64959
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64959.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2011
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807594
  • Tax Annual Amount: 12561.71
  • Assessor Parcel Number: 161000858811
  • Tax Lot: 10
  • Tax Page Number: 505
  • Tax Total Finished Sq Ft: 3202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 07/03/2012

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%
Current Estimated Value
$1,675,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,937
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,142,400
Outstanding Balance
$1,099,484
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$570,978

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,428,000 None Listed On Document
Deed $1,068,000 First American Title Company
Deed $1,150,000 --
Deed $1,150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,142,400 New Conventional
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
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

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 $16,529 $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

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Map

Source: Bright MLS

MLS Number: 1004537860

Bright MLS

APN: 10-00858811