NOT LISTED FOR SALE

11001 Picasso Ln Potomac, MD 20854

Potomac Area

Estimated Value: $817,359

1.13 Acres
$723,327 Price per Acre
49,223 Sq Ft Lot

Sale Details

Date Sold: May 21, 2021

Last sale price $701,500

Est. 17% increase in value since last sale

Current estimated payment $5,194 / mo

8 Days on Market

Highlights

  • 1.13 Acre Lot
  • Private Lot
  • No HOA
  • Potomac Elementary School Rated A
  • Wooded Lot

About This Lot

As of May 2021

Build 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

Kevin Conley

(301) 921-4500 kevin.conley@compass.com RE/MAX Realty Group Listed on: 03/04/2021

RE/MAX Realty Group

Last Buyer's Agent

VJ Derbarghamian

(240) 219-2422 vderbarghamian@ttrsir.com Compass License #0225223795

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,255

Lot Details

1.13 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 13.66

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL

Lot Info

  • Wooded Acres: 1.13
  • Horses: No
  • Additional Parcels: No
  • Lot Count: 1
  • Lot Features: Private, Trees/Wooded
  • Lot Size Acres: 1.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49424.00
  • Perc Type: Approved
  • Zoning: R200
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980812
  • Tax Annual Amount: 6255.00
  • Assessor Parcel Number: 161000865394
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Kevin Conley
RE/MAX Realty Group
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
$817,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,859
Avg. Annual Appreciation
2.89%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Potomac, MD

  • Venus Doan Real Estate Agent - Venus Doan Realty Inc

    Venus Doan

    Venus Doan Realty Inc

    (760) 819-7166

    93 Total Sales

    1 in Potomac

    $959,500 Price

    Venus Doan
     Section Image
  • Roya Hakimzadeh Real Estate Agent - Long & Foster Real Estate, Inc.

    Roya Hakimzadeh

    Long & Foster Real Estate, Inc.

    (240) 363-8936

    41 Total Sales

    1 in Potomac

    $970,000 Price

    Roya Hakimzadeh
     Section Image
  • German Llerena Real Estate Agent - RLAH @properties

    German Llerena

    Responds Quickly

    RLAH @properties

    (301) 679-7213

    69 Total Sales

    2 in Potomac

    $805K - $1.2M Price Range

    German Llerena
     Section Image
  • Megan Bonanno Real Estate Agent - TTR Sotheby's International Realty

    Megan Bonanno

    TTR Sotheby's International Realty

    (202) 519-6208

    54 Total Sales

    1 in Potomac

    $1,230,000 Price

    Megan Bonanno
     Section Image
  • Katie Bocock Real Estate Agent - Compass

    Katie Bocock

    Compass

    (301) 381-3207

    78 Total Sales

    1 in Potomac

    $835,000 Price

    Katie Bocock
     Section Image
  • Rina Kunk Real Estate Agent - Compass

    Rina Kunk

    Compass

    (833) 703-2218

    64 Total Sales

    1 in Potomac

    $1,225,000 Price

    Rina Kunk
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$701,500 Harvest Title & Escrow Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Remax Realty Group

    Seller's Agent in 2021

    Kevin Conley

    Remax Realty Group

    (240) 429-7513

    14 Total Sales

    Kevin Conley
    Section Image
  • VJ Derbarghamian Real Estate Agent - Compass

    Buyer's Agent in 2021

    VJ Derbarghamian

    Compass

    (240) 630-1019

    46 Total Sales

    VJ Derbarghamian
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC746412

Bright MLS

APN: 10-00865394

Maryland Montgomery County Potomac 20854

11001 Picasso Ln, Potomac, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.