NOT LISTED FOR SALE

14 Memory Ln Scarborough, ME 04074

Estimated Value: $712,000 - $764,000

4 Beds
2.5 Baths
3,080 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $675,000 $219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,472/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Granite Countertops
  • Scarborough High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Welcome to 14 Memory Lane! Centrally located, the home is close to shopping, 95/295, beaches and all the other amenities the Scarborough area has to offer! This close-knit, friendly neighborhood is a perfect place to put down roots. Built in 2017, this amazing home offers room for everyone. 4 spacious bedrooms including a large primary suite with a private ensuite bathroom, open concept kitchen, living and dining area, a dedicated mudroom and laundry room as well a beautifully finished, daylight basement perfect for a comfy family room and/or playroom! Heat pumps in the living area provide air conditioning and supplemental heat on the main floor. Rounding out this awesome home is its location on a cul-de-sac, with mature landscaping and a large level lot! Schedule your showing right away, this one won't last long!

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 08/14/2024

Last Buyer's Agent

Jeffrey Walker

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,873

Year Built

  • Built in 2017

Lot Details

  • 0.56 Acre Lot
  • Landscaped
  • Property is zoned RF

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Finished Basement

  • Doghouse Basement Entry
  • Natural lighting in basement

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Private Sewer

Additional Features

  • Deck
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number SCAR-000040R-000000-000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,873

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • MLS Status: Closed
  • Directions: Two Rod Rd to Memory Lane
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2017
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.56
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2280.0
  • Property Information:SqFt Finished Below Grade: 800.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Basement Entry:Doghouse: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Laundry Room:Laundry Room: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Disposal, Dishwasher
  • Has Basement: Daylight, Finished, Doghouse
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800.0
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Landscaped, Near Turnpike/Interstate, Neighborhood, Subdivided, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24393.6
  • Parcel #: SCAR-000040R-000000-000110
  • Zoning: RF

Tax Info

  • Tax Annual Amount: 6873.0
  • Tax Book Number: 34020
  • Tax Lot: 110
  • Tax Map Number: R040
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 10, 2024
Sold by
Mayo Kenneth J and Mayo Lindsey N
Bought by
Naseef Michael A and Naseef Jessica L
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Jeffrey Walker
Coldwell Banker Residential Brokerage
List Price
$675,000
Sold Price
$675,000
Views
36
Current Estimated Value
$735,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,687
Avg. Annual Appreciation
8.63%
Original Mortgage
$540,000
Outstanding Balance
$534,323
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,364

Purchase Details

Closed on
May 19, 2017
Sold by
Risbara Bros Constr Co
Bought by
Mayo Kenneth J and Mayo Lindsey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Naseef Michael A -- None Available
Naseef Michael A -- None Available
Mayo Kenneth J -- --
Mayo Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naseef Michael A $540,000
Closed Naseef Michael A $540,000
Previous Owner Mayo Kenneth J $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Sold $675,000 0.0% $219 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $675,000 +47.6% $219 / Sq Ft
11/10/2016 11/10/16 Sold $457,248 +2.8% $171 / Sq Ft View Prior Sale
06/28/2016 06/28/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $445,000 -- $167 / 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 $7,370 $674,300 $149,200 $525,100
2023 $6,873 $430,400 $106,200 $324,200
2022 $6,624 $430,400 $106,200 $324,200
2021 $6,465 $430,400 $106,200 $324,200
2020 $6,396 $430,400 $106,200 $324,200
2019 $6,327 $430,400 $106,200 $324,200
2017 $4,690 $284,400 $118,500 $165,900
2016 $1,699 $106,700 $106,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599560

Maine Listings

APN: SCAR-000040R-000000-000110