NOT LISTED FOR SALE

10921 Picasso Ln Potomac, MD 20854

Estimated Value: $1,617,000 - $2,094,000

5 Beds
3 Baths
5,409 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $1,315,000 $243 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,677/month

185 Days on Market

Highlights

  • Gourmet Kitchen
  • 1.15 Acre Lot
  • Contemporary Architecture
  • Potomac Elementary School Rated A
  • Open Floorplan
  • Private Lot

About This Home

As of January 2013

NEW PRICE 10/8 - now $190K lower! Nature Lover's Paradise! Striking contemporary home on incredible, gated 1.15 acre lot just min to the C&O Canal & Great Falls Park. Fab gourmet kit w/Teppanyaki grill. Natural wood floors, high ceilings, walls of glass & transoms bring glorious outside w/mature plantings in! Owner's Suite w/luxurious BA & sep study. Near I495, GW Pkwy

Last Agent to Sell the Property

Wendy Banner

Long & Foster Real Estate, Inc. License #0225162224 Listed on: 06/04/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Wendy Banner

Long & Foster Real Estate, Inc. License #0225162224 Listed on: 06/04/2012

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,218

Year Built

  • Built in 1975 | Remodeled in 1994

Lot Details

  • 1.15 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Sprinkler System
  • Cleared Lot
  • The property's topography is level
  • 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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Atrium Windows
  • Dining Area
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Rear Basement Entry
  • Shelving

Home Security

  • Security Gate
  • Monitored
  • Flood Lights

Outdoor Features

  • Patio
  • Water Fountains

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Oil
  • 60 Gallon+ Electric Water Heater
  • Well
  • Water Conditioner is Owned
  • Septic Tank
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Appliances

Community Details

  • No Home Owners Association
  • Built by BERGER BERMAN
  • Potomac Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161000858800

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,218

Year Built

Built in 1975 | Remodeled in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Year Renovated: 1994
  • Remarks Public: NEW PRICE 10/8 - now $190K lower! Nature Lover's Paradise! Striking contemporary home on incredible, gated 1.15 acre lot just min to the C&O Canal & Great Falls Park. Fab gourmet kit w/Teppanyaki grill. Natural wood floors, high ceilings, walls of glass & transoms bring glorious outside w/mature plantings in! Owner's Suite w/luxurious BA & sep study. Near I495, GW Pkwy,
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Front Loading, Energy Efficient Appliances, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Built-Ins, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Atrium, Skylights
  • Fireplace Features: Equipment
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: In-Law/AuPair/Suite, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Heated, Improved, Shelving
  • Living Area Units: Square Feet
  • Total Sq Ft: 5409
  • Living Area Sq Ft: 5409
  • Price Per Sq Ft: 348.58
  • Above Grade Finished Sq Ft: 4002
  • Below Grade Finished Sq Ft: 1407
  • Total Below Grade Sq Ft: 1407
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10921

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Cedar
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Flood Lights, Underground Lawn Sprinkler, Water Fountains
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • 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
  • 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: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: Electric Alarm, Monitored, Security Gate
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 287800.00
  • Land Assessed Value: 568100.00
  • Lot Features: Backs To Trees, Cleared, Cul-De-Sac, Landscaping, Premium, Secluded, Private
  • Lot Size Acres: 1.15
  • Lot Size Area: 50002
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50002.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2012
  • Zoning: R200

Building Info

  • Builder Name: BERGER BERMAN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980315
  • Tax Annual Amount: 9217.66
  • Assessor Parcel Number: 161000858800
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 3539
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 01/31/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jan 31, 2013
Sold by
Baydar Gurgen and Baydar Emine Gurgen
Bought by
Baum Robert T and Baum Jessica C
Seller's Agent
Wendy Banner
Long & Foster Real Estate, Inc.
Buyer's Agent
Wendy Banner
Long & Foster Real Estate, Inc.
List Price
$1,495,000
Sold Price
$1,315,000
Premium/Discount to List
-$180,000
-12.04%
Total Days on Market
185
Current Estimated Value
$1,787,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,509
Avg. Annual Appreciation
2.19%
Original Mortgage
$986,250
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Baum Robert T $1,315,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baum Robert T $986,250
Closed Baum Robert T $986,250
Previous Owner Gurgen Baydar $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $1,315,000 -5.7% $243 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
10/08/2012 10/08/12 Price Changed $1,395,000 -6.7% $258 / Sq Ft
06/04/2012 06/04/12 For Sale $1,495,000 -- $276 / 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 $14,284 $1,184,867 $0 $0
2023 $13,370 $1,167,933 $0 $0
2022 $9,277 $1,151,000 $568,100 $582,900
2021 $12,290 $1,129,233 $0 $0
2020 $12,024 $1,107,467 $0 $0
2019 $11,762 $1,085,700 $568,100 $517,600
2018 $11,706 $1,079,400 $0 $0
2017 $12,033 $1,073,100 $0 $0
2016 -- $1,066,800 $0 $0
2015 $8,789 $996,500 $0 $0
2014 $8,789 $926,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Banner

    Seller's Agent in 2013

    Wendy Banner

    Long & Foster

    (301) 365-9090

    106 in this area

    546 Total Sales

    Wendy Banner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004018520

Bright MLS

APN: 10-00858800

Maryland Montgomery County Potomac 20854

10921 Picasso Ln, Potomac, MD

This home is located at 10921 Picasso Ln, Potomac, MD 20854 since 04 June 2012 and is currently estimated at $1,787,509, approximately $330 per square foot. This property was built in 1975. 10921 Picasso Ln is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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