NOT LISTED FOR SALE

12 Memory Ln Scarborough, ME 04074

Estimated Value: $745,529 - $846,000

4 Beds
2.5 Baths
2,392 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $425,000 $178 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,671/month

18 Days on Market

Highlights

  • Nearby Water Access
  • Finished Room Over Garage
  • Cape Cod Architecture
  • Scarborough High School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of May 2019

Stylish, open concept Farmhouse Cape will steal your heart! Just recently built in 2016 and features soft paint colors throughout and beautiful hardwood floors! Cook's kitchen with large granite island, gas range and ample white cabinetry will impress your guests while entertaining. Gather around the farmers table in the Dining Room or watch sports in the open Living Room! Such versatility! The Master Suite is dreamy with large shed dormer, walk in closet and private bath with double granite vanity. Three more large bedrooms; additional full bathroom; second floor laundry room and great closet space! Relax on the front porch or the rear sundeck as you watch the sunset! Located in one of Scarborough's newer neighborhoods, you'll love the nearby beaches at Pine Point, shopping at the Maine Mall, easy access to I-95!

Last Agent to Sell the Property

Jane Smith

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 04/17/2019

Coldwell Banker Realty

Co-Listed By

Garry Smith

Coldwell Banker Realty Brokerage Phone: 207-773-1990

Last Buyer's Agent

Joshua Lagasse

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 2016

Lot Details

  • 0.63 Acre Lot
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Property is zoned Res. 2

Parking

  • 2 Car Direct Access Garage
  • Finished Room Over Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,392 Sq Ft Home
  • Double Pane Windows
  • Mud Room
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Septic System
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Exclusions: Washer/Dryer
  • Tax Lot 109
  • Assessor Parcel Number SCAR-000040R-000000-000109

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,184

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1000
  • Co List Office Phone: 207-773-1990
  • MLS Status: Closed
  • Directions: Payne Road to Two Rod Road, right on Memory Lane #12.
  • Above Grade Finished Sq Ft: 2392.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 2016
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2392.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Roads:Dead End: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Laundry Room:Laundry Room: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Room Features:Above Garage28: Yes
  • Primary Bedroom Amenities:Above Garage7: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Near Shopping, Neighborhood, Subdivided
  • View: Trees/Woods
  • Waterfront: No
  • Exclusions: Washer/Dryer
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: SCAR-000040R-000000-000109
  • Zoning: Res. 2

Tax Info

  • Tax Annual Amount: 5184.0
  • Tax Book Number: 33235
  • Tax Lot: 109
  • Tax Map Number: R-40
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 22, 2019
Sold by
Algara Mark M and Algara Heidi M
Bought by
Curr Samantha M and Fields Jordan C
Seller's Agent
Jane Smith
Coldwell Banker Realty
Buyer's Agent
Joshua Lagasse
RE/MAX Realty One
List Price
$429,500
Sold Price
$425,000
Premium/Discount to List
-$4,500
-1.05%
Current Estimated Value
$783,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,882
Avg. Annual Appreciation
9.97%
Original Mortgage
$403,750
Outstanding Balance
$354,978
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$428,904

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 29, 2016
Sold by
Redesign Me Llc
Bought by
Algara Heidi M and Algara Mark M
Seller's Agent
Matthew DiBiase
Landing Real Estate
Buyer's Agent
Jane Smith
Coldwell Banker Residential Brokerage
List Price
$395,000
Sold Price
$383,500
Premium/Discount to List
-$11,500
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$306,800
Interest Rate
3.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Curr Samantha M -- --
Algara Heidi M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curr Samantha M $403,750
Previous Owner Algara Heidi M $306,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2019 05/22/19 Sold $425,000 -1.0% $178 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $429,500 +12.0% $180 / Sq Ft
06/29/2016 06/29/16 Sold $383,500 -2.9% $160 / Sq Ft View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $395,000 -- $165 / Sq Ft
Source: Maine Listings

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
2024 $6,722 $615,000 $151,100 $463,900
2023 $6,310 $395,100 $107,600 $287,500
2022 $6,081 $395,100 $107,600 $287,500
2021 $5,934 $395,100 $107,600 $287,500
2020 $5,871 $395,100 $107,600 $287,500
2019 $5,808 $395,100 $107,600 $287,500
2017 $5,514 $334,400 $125,700 $208,700
2016 $3,829 $240,500 $125,700 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1409259

Maine Listings

APN: SCAR-000040R-000000-000109