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$530,646Estimated home value

Beds
3
Baths
2.0
sq ft
1,590

703 Wade Ave, Rockville, MD 20851

703 Wade Ave

ROCKVILLE, MD 20851

  • Sold On 10/28/2024
Welcome to this charming 3-bedroom, 2-bath ranch-style home located in the highly sought-after Rockcrest neighborhood. Just minutes from the Rockville Metro stations and Town Center, this home offers both convenience and comfort. The updated eat-in kitchen features stainless steel appliances, white cabinetry, gas cooking, and a wine fridge, making it perfect for cooking and entertaining. Hardwood floors flow throughout the main level, complemented by skylights in the living room that fill the space with natural light. The home also boasts two renovated bathrooms and replacement windows. The upper-level bonus room offers versatility as a potential 4th bedroom, office, playroom, or guest space. Outdoors, the fully fenced backyard provides privacy, complete with a large shed, planter boxes, and a patio—perfect for gardening or outdoor gatherings. For added convenience, the home also includes off-street parking. Don’t miss out on making this home yours in a vibrant community with easy access to everything Rockville has to offer!

Details

Property type

Single Family Residence

Est. home value

$530,646

Lot size

5,712 sq ft

Price per sq ft

$354

Year built

1942

Annual property taxes

$7,152.74

HOA

No

Price History

10/28/2024
Bright

Bright #MDMC2148852

Sold
$562,500
10/09/2024
Bright

Bright #MDMC2148852

Pending
$562,500
10/03/2024
Bright

Bright #MDMC2148852

Listed
$562,500
+7.14%

Schools & Community

Neighborhood: 

Twinbrook

Elementary school: 

TWINBROOK

Middle school: 

JULIUS WEST

High school: 

RICHARD MONTGOMERY

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$61,107
Asking price
$562,500
Closing costs (~8% of asking)
-$45,000
Est. remaining loan balance
-$456,393
Cash to seller
$61,107

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2022

Original loan amount

$472,500

Est. remaining balance

$456,393

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Robert Strang Banks and Grace Elizabeth Jacobson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/15/2024 at 9:05 PM

Listing updated: 10/29/2024 at 6:47 AM

Listed by: Sherri A Lazas, Cummings & Co. Realtors Phone #: (410) 823-0033

MLS: Bright #MDMC2148852

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