Finally, 16351 John Rowland Trail closed yesterday making it the first home to sell in this section of the community since March of 2009. It is a Scarborough model home, a 3 bedroom 2 bath ranch on the perimeter of the community. When this home first listed a couple of years ago, it listed for $359,900 but was withdrawn after about a year. This time it listed back in late March for $295,000 and closed for $273,000. Obviously a big disappointment for the Seller but reflective of where the real estate market has gone in the last 4 years. The Buyer should be very happy.
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September 28, 2011
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