Skilling Properties just sold a house in the Tilden Woods neighborhood of Rockville. It sold for its list price of $750,000. Skilling Properties represented the buyer in this transaction. The house had been on the market for 19 days before our client put in their offer.
The 20852 zip code of Rockville had 48 closed sales in July 2014. The median sold price was $442,500, up 6% over last year. The median days on market was 17 days, up 88.9% over last year, and the average days on market was 36 days. Tilden Woods specifically had 2 closed sales in July with a median sold price of $687,500. The median and average days on market were 10 days.
This delightful ranch has a great open floor plan with hardwood floors, large windows, and an eat-in kitchen. The house is on a beautiful, half-acre, tree-filled lot in a great community near parks and the Montgomery mall. There is a great stone patio where you can enjoy the peace and quiet of the cul-de-sac, and yet the house is close to Route 270 and the metro and bus system.
During the home inspection, several issues arose with regard to needed repairs, including a new roof and moisture control in the basement. Skilling Properties brought in trusted vendors to assess the condition of the house and provide estimates for the necessary repairs. Skilling Properteis successfully negotiated $20,000 of the estimated $25,000 in repairs to be provided to the buyer who will complete the work and some additional renovations they plan to undertake.
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