NOT LISTED FOR SALE

15 (Lot 14 Vesper St Scarborough, ME 04074

Estimated Value: $1,285,000 - $1,695,059

0.11 Acre
$13,677,409 Price per Acre
4,792 Sq Ft Lot

Last Sold May 26, 2016

Last sale price $400,000

Est. 276% increase in value since last sale

Current estimated payment $9,513/month

160 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Level Lot
  • Scarborough High School Rated A-
  • No HOA

About This Lot

As of May 2016

Build your dream house on this clear lot just steps from Higgins Beach! With the newly approved zoning changes, we can help you make the most of this unique offering whether you're looking for a year-round home, a vacation getaway, or an investment property. Be a part of this wonderful beach community that's just minutes from downtown Portland and the airport. The sea breezes await!

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 11/19/2015

Keller Williams Realty

Last Buyer's Agent

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 11/19/2015

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,253

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned R4

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number SCAR-000001U-000000-000025

Community Details

Overview

  • No Home Owners Association
  • Higgins Beach Subdivision

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$15,253

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Higgins Beach
  • Directions: Route 77 to Ocean Ave to Left on Bayview to Left on Vesper
  • Attribution Contact: scottandsunny@kw.com
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:No Driveway: Yes
  • Electric:No Electric: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: SCAR-000001U-000000-000025
  • Zoning: R4

Tax Info

  • Tax Book Number: 30635
  • Tax Lot: 025
  • Tax Map Number: U001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Wallace Mary L
Bought by
Murphy Wallace T
Current Estimated Value
$1,505,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$417,091
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,087,424

Purchase Details

Closed on
Jan 12, 2018
Sold by
Lowell Emily and Onorato Julie
Bought by
Wallace Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2013
Sold by
Shirley Lowell Rt and Onorato
Bought by
Lowell Emily and Onorato Julie

Purchase Details

Closed on
Nov 8, 2005
Sold by
Lowell Ft and Lowell
Bought by
Lowell Ft and Lowell
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murphy Wallace T -- None Available
Murphy Wallace T -- None Available
Wallace Mary L -- --
Wallace Mary L -- --
Lowell Emily -- --
Lowell Emily -- --
Lowell Ft -- --
Lowell Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Wallace T $465,000
Closed Murphy Wallace T $465,000
Previous Owner Wallace Mary L $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $400,000 -21.6% --
04/28/2016 04/28/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $510,000 -- --
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 $15,253 $1,395,500 $855,000 $540,500
2023 $15,009 $939,800 $575,400 $364,400
2022 $14,464 $939,800 $575,400 $364,400
2021 $13,994 $931,700 $575,400 $356,300
2020 $13,845 $931,700 $575,400 $356,300
2019 $10,271 $698,700 $575,400 $123,300
2017 $8,717 $528,600 $471,100 $57,500
2016 $8,415 $528,600 $471,100 $57,500
2015 $10,993 $709,700 $652,200 $57,500
2014 $10,716 $709,700 $652,200 $57,500
2013 $10,482 $709,700 $652,200 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1244677

Maine Listings

APN: SCAR-000001U-000000-000025