Seller's Agent in 2013
Wendy Banner
Compass
(301) 365-9090
101 in this area
535 Total Sales
10921 Picasso Ln Potomac, MD 20854
Estimated Value: $1,656,840 - $2,007,000
5
Beds
3
Baths
5,409
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- 1.15 Acre Lot
- Contemporary Architecture
- Potomac Elementary School Rated A
- Open Floorplan
- Private Lot
About This Home
As of January 2013NEW 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
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
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
Compass
Buyer's Agent
Wendy Banner
Compass
List Price
$1,495,000
Sold Price
$1,315,000
Premium/Discount to List
-$180,000
-12.04%
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
$498,822
Avg. Annual Appreciation
2.57%
Original Mortgage
$986,250
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| 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
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
Map
Source: Bright MLS
MLS Number: 1004018520
APN: 10-00858800
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