NOT LISTED FOR SALE

11012 Picasso Ln Potomac, MD 20854

Estimated Value: $1,506,000 - $1,824,000

4 Beds
5 Baths
4,080 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 31, 2021

Last sale price $1,335,000 $327 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,971/month

2 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Potomac Elementary School Rated A
  • 1.1 Acre Lot
  • Curved or Spiral Staircase

About This Home

As of May 2021

Open House is cancelled today. The owner has accepted a firm contract. Experience architecture and landscaping like no other, in this sunny, prairie-style home with mid-century modern interior and a spectacular view from every window! The open floor plan of the main living area is a breath of fresh air for both daily living and deluxe entertaining. A massive kitchen with island, cathedral ceiling, and multiple skylights is a wow factor, as are the breakfast area with full wet bar, living room with circular wood-burning fireplace, and dining room off of the foyer. A wraparound porch encircles the house against the brick exterior and lushly landscaped grounds. The west end of the main level contains two full suites with inviting accommodations. The primary suite is stunning, with large sliding windows, skylight, a dressing area, and three closets. Luxuriate in the jetted soaking tub or glass-enclosed stall shower while appreciating the convenience of a double vanity and a laundry closet in the adjacent hallway. The finished, walkout lower level has a spacious rec room with drafting table and built-in shelving. A supremely appealing office is perfect to work from home, with another circular fireplace, built-ins, and recessed lighting. It has a separate driveway and entrance for home business opportunities. Two more bedrooms, a full bath, and a powder room complete this level, which also offers access to the two-car garage and huge flagstone patio. A second driveway off of Macarthur is secured by an electronically controlled gate. Cross Macarthur Boulevard to Great Falls Park to hike trails or visit the Potomac River -- this property is special and not to be missed!

Last Agent to Sell the Property

Eric Stewart

Long & Foster Real Estate, Inc. Listed on: 04/29/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Erica Day

RLAH @properties License #681252

Last Buyer's Agent

Aleksandar Pachedzhiev

Keller Williams Realty License #SP98368125

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,266

Year Built

  • Built in 1962

Lot Details

  • 1.1 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Prairie Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Screen For Fireplace
  • Stone Fireplace
  • Brick Fireplace
  • Window Treatments
  • Sliding Windows
  • Double Door Entry
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Shelving
  • Workshop
  • Basement Windows

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Equal To The Number Of Bedrooms

Additional Features

  • Air Cleaner
  • Suburban Location

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 161000847588

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,266

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Prairie
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-04-29
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: Yes
  • Remarks Public: Open House is cancelled today. The owner has accepted a firm contract. Experience architecture and landscaping like no other, in this sunny, prairie-style home with mid-century modern interior and a spectacular view from every window! The open floor plan of the main living area is a breath of fresh air for both daily living and deluxe entertaining. A massive kitchen with island, cathedral ceiling, and multiple skylights is a wow factor, as are the breakfast area with full wet bar, living room with circular wood-burning fireplace, and dining room off of the foyer. A wraparound porch encircles the house against the brick exterior and lushly landscaped grounds. The west end of the main level contains two full suites with inviting accommodations. The primary suite is stunning, with large sliding windows, skylight, a dressing area, and three closets. Luxuriate in the jetted soaking tub or glass-enclosed stall shower while appreciating the convenience of a double vanity and a laundry closet in the adjacent hallway. The finished, walkout lower level has a spacious rec room with drafting table and built-in shelving. A supremely appealing office is perfect to work from home, with another circular fireplace, built-ins, and recessed lighting. It has a separate driveway and entrance for home business opportunities. Two more bedrooms, a full bath, and a powder room complete this level, which also offers access to the two-car garage and huge flagstone patio. A second driveway off of Macarthur is secured by an electronically controlled gate. Cross Macarthur Boulevard to Great Falls Park to hike trails or visit the Potomac River -- this property is special and not to be missed!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Wall, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer, Humidifier, Water Conditioner - Owned, Air Cleaner
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Curved Staircase, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Spiral Staircase, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Additional Stairway
  • Window Features: Sliding, Skylights
  • Fireplace Features: Screen, Stone, Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Double Entry, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, High, Vaulted Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Garage Access, Heated, Improved, Outside Entrance, Interior Access, Rear Entrance, Shelving, Walkout Level, Windows, Workshop
  • Laundry Type: Main Floor
  • Total Sq Ft: 4980
  • Living Area Sq Ft: 4080
  • Price Per Sq Ft: 477.11
  • Above Grade Finished Sq Ft: 2490
  • Below Grade Finished Sq Ft: 1590
  • Below Grade Sq Ft: 900
  • Total Below Grade Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11012

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Shingle, Fiberglass
  • Spa: No
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Oil, Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Security Gate
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Fully
  • Improvement Assessed Value: 440500.00
  • Land Assessed Value: 565400.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, Rear Yard, Sideyard(s), Trees/Wooded
  • Lot Size Acres: 1.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 47922.00
  • Outdoor Living Structures: Porch(es), Wrap Around, Deck(s), Patio(s)
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13979568
  • Tax Annual Amount: 11266.00
  • Assessor Parcel Number: 161000847588
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 3390
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/31/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 1, 2021
Sold by
Klevins Judy Thibault and Declaration Of Tr Of Judy Thib
Bought by
Mjekiqi Edmond and Mjekiqi Arijeta Blakqori
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Aleksandar Pachedzhiev
Keller Williams Realty
List Price
$1,188,000
Sold Price
$1,335,000
Premium/Discount to List
$147,000
12.37%
Current Estimated Value
$1,625,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,141
Avg. Annual Appreciation
4.54%
Original Mortgage
$1,068,000
Outstanding Balance
$969,044
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$642,532

Purchase Details

Closed on
Feb 12, 2016
Sold by
Klevins Judy Thibault and Thibault David A
Bought by
Klevins Judy Thibault

Purchase Details

Closed on
Mar 14, 2002
Sold by
Antonelli Beverly P
Bought by
Thibault David A and Thibault Judy Thibault
Source: Public Records

Range of Values:

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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
Mjekiqi Edmond $1,335,000 Double Eagle Title
Klevins Judy Thibault -- Attorney
Thibault David A $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjekiqi Edmond $1,068,000
Previous Owner Klevins Judy T $515,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2021 05/31/21 Sold $1,335,000 +12.4% $327 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $1,188,000 -- $291 / 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 $13,390 $1,140,000 $565,400 $574,600
2024 $13,390 $1,095,300 $0 $0
2023 $12,209 $936,100 $565,400 $370,700
2022 $11,115 $1,005,900 $565,400 $440,500
2021 $10,941 $996,600 $0 $0
2020 $10,806 $987,300 $0 $0
2019 $10,574 $978,000 $565,400 $412,600
2018 $10,586 $978,000 $565,400 $412,600
2017 $11,117 $978,000 $0 $0
2016 $9,479 $987,100 $0 $0
2015 $9,479 $964,833 $0 $0
2014 $9,479 $942,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC754796

Bright MLS

APN: 10-00847588