NOT LISTED FOR SALE

15 Gristmill Ln Scarborough, ME 04074

Estimated Value: $600,700 - $641,000

3 Beds
2.5 Baths
1,400 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $320,000 $229 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,750/month

35 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Scenic Views
  • Scarborough High School Rated A-
  • New Construction
  • Colonial Architecture

About This Home

As of October 2019

The Downs is a new and exciting mixed-use development in Scarborough, Maine. Located in the heart of the community, The Downs will become home to a modern town center with supporting residential and commercial elements. The 500-acre mixed-use development will create numerous recreational opportunities and will include walking paths throughout 200 acres of preserved green space. Tree-lined streets will connect the planned community, which will seamlessly balance recreation, retail, residential, and commercial development. Together, all elements will create the premier place to live, work, and play. The Downs development will bring newfound vitality to the center of town and launch Scarborough forward into its next chapter. This home is by far the most new house for the money to be found. Granite counter tops, stainless steel appliances, hw/flrs, perfect floor plan and no construction financing needed. Be one of the 30 lucky owners in the most exciting development in Maine -maybe ever.

Last Agent to Sell the Property

Loni Graiver

Signature Homes Real Estate Group, LLC Listed on: 01/31/2019

Last Buyer's Agent

Veronica Schneider

Downeast Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 1,400 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities

Additional Features

  • Attic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4.20
  • Assessor Parcel Number 4.20gristmilllanescarborough04074

Community Details

Overview

  • The Downs Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,155

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Downs
  • Directions: s: Enter Scarborough Downs from Route 1 or Payne Road . As you arrive on Grist Mill Lane Lot 4.20 is the first home on the right: Be sure to view our complete builders brochure at https://www.dropbox.com/sh/vhy7oipz79h9c4p/AACHFr4lPrdiFizfoqWyyBLPa?dl=0
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1400.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Washer/Dryer Other Location: Yes
  • Location:Near Railroad: Yes
  • Electric:Underground: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, Other, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Other, Subdivided, Suburban, Near Railroad
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 4.20gristmilllanescarborough04074
  • Zoning: Residential

Tax Info

  • Tax Book Number: 35393
  • Tax Lot: 4.20
  • Tax Map Number: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Sep 30, 2019
Sold by
Graiver Homes Inc
Bought by
Lewis Samuel
Seller's Agent
Loni Graiver
Signature Homes Real Estate Group, LLC
Buyer's Agent
Veronica Schneider
Downeast Realty, Inc.
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%
Current Estimated Value
$614,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,425
Avg. Annual Appreciation
11.45%
Original Mortgage
$304,000
Outstanding Balance
$266,862
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$347,563
Source: Public Records

Range of Values:

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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
Lewis Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Samuel $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $320,000 +3.2% $229 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $310,000 -- $221 / 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 $5,155 $471,600 $116,100 $355,500
2023 $5,130 $321,200 $82,800 $238,400
2022 $4,943 $321,200 $82,800 $238,400
2021 $4,824 $321,200 $82,800 $238,400
2020 $4,773 $321,200 $82,800 $238,400
2019 $1,908 $129,800 $111,800 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1403436

Maine Listings

APN: U052/ / 420/ /