$1,049,500
SOLD JUL 17, 2018

11005 Picasso Ln Potomac, MD 20854

4 Beds
3 Baths
2,679 Sq Ft
1.11 Acres

Recently Sold

$392 Per Sq Ft

5 Days on Market

Highlights

  • In Ground Pool
  • Scenic Views
  • Open Floorplan
  • Potomac Elementary School Rated A
  • 1.11 Acre Lot
  • Contemporary Architecture

About This Home

As of June 2021

PICTURESQUE PARADISE ON OVER AN ACRE IS THE SETTING FOR THIS SPACIOUS LIGHT FILLED 4 BRM 3 BATH CONTEMPORARY! WIDE 2-STORY FOYER OPENS TO GRACIOUS LIVING RM & FP, DEN WITH PATIO & GLORIOUS VIEWS. KITCHEN WITH ISLAND & BREAKFAST RM JOINS FAMILY RM, ALL OVERLOOKING LUSH GREENERY. SPACIOUS BRIGHT MASTER BEDROOM & BATH, 3 ADD'L FAMILY BEDROOMS. GORGEOUS POOL .

Last Agent to Sell the Property

Diann Heine

Washington Fine Properties, LLC License #AB00048802 Listed on: 06/08/2018

Washington Fine Properties, LLC

Last Buyer's Agent

Casey Aboulafia

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,532

Year Built

  • Built in 1966

Lot Details

  • 1.11 Acre Lot
  • No Through Street
  • Private Lot
  • Property is in very good condition
  • Property is zoned R200

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Scenic Vista Views

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161000865383

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,532

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1966
  • Remarks Public: PICTURESQUE PARADISE ON OVER AN ACRE IS THE SETTING FOR THIS SPACIOUS LIGHT FILLED 4 BRM 3 BATH CONTEMPORARY! WIDE 2-STORY FOYER OPENS TO GRACIOUS LIVING RM & FP, DEN WITH PATIO & GLORIOUS VIEWS. KITCHEN WITH ISLAND & BREAKFAST RM JOINS FAMILY RM, ALL OVERLOOKING LUSH GREENERY. SPACIOUS BRIGHT MASTER BEDROOM & BATH, 3 ADD'L FAMILY BEDROOMS. GORGEOUS POOL .
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Washer, Refrigerator, Water Conditioner - Owned
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Dining Area, Butlers Pantry, Kitchen - Island, Recessed Lighting, Floor Plan - Open
  • Window Features: Screens, Skylights
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Daylight, Full, Fully Finished, Heated, Improved
  • Living Area Units: Square Feet
  • Street Number Modifier: 11005

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Lot Features: Private, No Thru Street
  • Lot Size Acres: 1.11
  • Lot Size Area: 48216
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48216.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10531.55
  • Assessor Parcel Number: 161000865383
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2679
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/17/2018

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,357,000 Pinnacle Title & Escrow Inc
Deed $1,049,500 Kvs Title Llc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $449,500 New Conventional
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: 1001803208

Bright MLS

APN: 10-00865383