NOT LISTED FOR SALE

11005 Picasso Ln Potomac, MD 20854

Estimated Value: $1,525,000 - $1,898,000

4 Beds
3 Baths
4,129 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,357,000 $329 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,165/month

4 Days on Market

Highlights

  • Private Pool
  • 1.11 Acre Lot
  • Backs to Trees or Woods
  • Potomac Elementary School Rated A
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of June 2021

Fabulous Mid Century Modern with spacious open floor plan, enormous kitchen and living area! Tons of light with views over a private, flat back yard. Large walkout lower level to pool! Current owner has replaced the roof, repainted the exterior, completely fenced the rear yard, and installed a geo thermal heating/ac system. Offers due Tuesday at 4pm. OPEN SUNDAY 1-4PM

Last Agent to Sell the Property

Lori Leasure

Washington Fine Properties, LLC License #0225243922 Listed on: 04/16/2021

Washington Fine Properties, LLC

Last Buyer's Agent

Douglas Lunenfeld

Keller Williams Capital Properties

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,792

Year Built

  • Built in 1966

Lot Details

  • 1.11 Acre Lot
  • Back Yard Fenced
  • No Through Street
  • Level Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned R200

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Flooring
  • Garden Views

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161000865383

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,792

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mid-Century Modern
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-04-16
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: Fabulous Mid Century Modern with spacious open floor plan, enormous kitchen and living area! Tons of light with views over a private, flat back yard. Large walkout lower level to pool! Current owner has replaced the roof, repainted the exterior, completely fenced the rear yard, and installed a geo thermal heating/ac system. Offers due Tuesday at 4pm. OPEN SUNDAY 1-4PM
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Heated, Improved, Outside Entrance
  • Total Sq Ft: 4624
  • Living Area Sq Ft: 4129
  • Price Per Sq Ft: 438.60
  • Above Grade Finished Sq Ft: 2679
  • Below Grade Finished Sq Ft: 1450
  • Below Grade Sq Ft: 495
  • Total Below Grade Sq Ft: 1945
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11005

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Roof: Asphalt
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear
  • Land Use Code: 011
  • Lot Features: Cleared, Backs To Trees, Level, No Thru Street
  • Lot Size Acres: 1.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48216.00
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10792.00
  • Assessor Parcel Number: 161000865383
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 4129
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 4, 2021
Sold by
Pepper Alison and Hundertmark Eugene
Bought by
Zamula William Stokely and Mazhari Shabnam
Seller's Agent
Lori Leasure
Washington Fine Properties, LLC
Buyer's Agent
Douglas Lunenfeld
Keller Williams Capital Properties
List Price
$1,075,000
Sold Price
$1,357,000
Premium/Discount to List
$282,000
26.23%
Current Estimated Value
$1,658,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,322
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,000,000
Outstanding Balance
$907,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$760,141

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 17, 2018
Sold by
Wolfe Bays Tracy and Ann Kirschner Wolfe Revocable
Bought by
Hundertmark Eugene and Pepper Alison
Seller's Agent
Diann Heine
Washington Fine Properties, LLC
Buyer's Agent
Casey Aboulafia
Compass
List Price
$1,049,500
Sold Price
$1,049,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$449,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2014
Sold by
Kirschner Wolfe Ann and Wolfe Alan D
Bought by
Kirschner Wolfe Ann and Ann Kirschner Wolfe Revocable
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Zamula William Stokely $1,357,000 Pinnacle Title & Escrow Inc
Hundertmark Eugene $1,049,500 Kvs Title Llc
Kirschner Wolfe Ann -- Attorney
Kirschner Wolfe Ann -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamula William Stokely $1,000,000
Previous Owner Hundertmark Eugene $449,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,357,000 +15.5% $329 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $1,175,000 +9.3% $285 / Sq Ft
04/16/2021 04/16/21 For Sale $1,075,000 0.0% $260 / Sq Ft
04/15/2021 04/15/21 Price Changed $1,075,000 -4.4% $260 / Sq Ft
04/14/2021 04/14/21 Price Changed $1,125,000 +7.2% $272 / Sq Ft
07/17/2018 07/17/18 Sold $1,049,500 0.0% $392 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $1,049,500 -- $392 / 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
2025 $13,554 $1,163,400 $565,700 $597,700
2024 $13,554 $1,109,567 $0 $0
2023 $12,203 $1,055,733 $0 $0
2022 $11,071 $1,001,900 $565,700 $436,200
2021 $10,719 $976,467 $0 $0
2020 $20,811 $951,033 $0 $0
2019 $10,101 $925,600 $565,700 $359,900
2018 $9,898 $906,333 $0 $0
2017 $9,840 $887,067 $0 $0
2016 $8,626 $867,800 $0 $0
2015 $8,626 $858,767 $0 $0
2014 $8,626 $849,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC752044

Bright MLS

APN: 10-00865383