Seller's Agent in 2021
Kevin Conley
Compass
(240) 429-7513
3 in this area
19 Total Sales
11001 Picasso Ln Potomac, MD 20854
Estimated Value: $780,000 - $913,000
1.13
Acres
$749,040
Price per Acre
49,223
Sq Ft Lot
Highlights
- 1.13 Acre Lot
- Private Lot
- No HOA
- Morton Elementary School Rated A-
- Wooded Lot
About This Lot
As of May 2021Build your dream home on this stunning and private 1.13 acre (49,424 sqft) wooded lot. Located on a quiet street towards the end of the cul-de-sac. Picasso lane is off of Macarthur Blvd and provides easy access to Potomac Village, Virginia and DC and is in the Churchill School Cluster. Perc approved septic for a 6 bedroom home.
Last Agent to Sell the Property
(240) 429-7513 kevin.conley@compass.com Compass Listed on: 03/04/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,255
Lot Details
- 1.13 Acre Lot
- Private Lot
- Wooded Lot
- Property is zoned R200
Schools
- Potomac Elementary School
- Winston Churchill High School
Utilities
- Well
- Perc Approved Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 161000865394
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2021
Closed on
May 21, 2021
Sold by
Bays Tracy Wolfe and Bays Ann Kirschner
Bought by
Nayak Sukumar and Purohit Rajashree
Seller's Agent
Kevin Conley
Compass
Buyer's Agent
VJ Derbarghamian
Compass
List Price
$675,000
Sold Price
$701,500
Premium/Discount to List
$26,500
3.93%
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
$144,915
Avg. Annual Appreciation
4.23%
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 |
|---|---|---|---|
| Nayak Sukumar | $701,500 | Harvest Title & Escrow Llc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $701,500 | +3.9% | -- |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $675,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $6,531 | $567,300 | $567,300 | -- |
| 2024 | $6,531 | $567,300 | $567,300 | $0 |
| 2023 | $6,536 | $567,300 | $567,300 | $0 |
| 2022 | $6,260 | $567,300 | $567,300 | $0 |
| 2021 | $3,127 | $567,300 | $567,300 | $0 |
| 2020 | $6,258 | $567,300 | $567,300 | $0 |
| 2019 | $6,256 | $567,300 | $567,300 | $0 |
| 2018 | $6,267 | $567,300 | $567,300 | $0 |
| 2017 | $6,525 | $567,300 | $0 | $0 |
| 2016 | $6,076 | $567,300 | $0 | $0 |
| 2015 | $6,076 | $567,300 | $0 | $0 |
| 2014 | $6,076 | $567,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Conley
-
VJ Derbarghamian
Buyer's Agent in 2021
VJ Derbarghamian
Compass
(240) 630-1019
5 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC746412
APN: 10-00865394
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