NOT LISTED FOR SALE

15 Vesper St Scarborough, ME 04074

Estimated Value: $1,504,515

4 Beds
1 Bath
1,056 Sq Ft
$1,425/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $670,000 $634 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $9,469/month

2 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Wood Flooring
  • Scarborough High School Rated A-
  • Public Beach
  • New Englander Architecture

About This Home

As of January 2018

Welcome to Billowview Cottage, rare opportunity to own one of the few remaining quintessential Maine Summer cottages at Higgins Beach built in 1924 by original owners. The sea stone fireplace anchors LR DR with HW floors, Pine paneling, Bath & Kitchen updates newer appliances (used seasonally), butcher block and tile counters, bathroom, laundry. sunroom & screened porch offering views of the Atlantic Ocean, and only steps to the silver sands and surf. HBA WED coffee weekly dinners & concerts July 4th parades!

Last Agent to Sell the Property

Christina Young

RE/MAX Shoreline Listed on: 11/13/2017

Last Buyer's Agent

Vincent Connolly

HomePro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,717

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Corner Lot
  • Level Lot
  • Property is zoned R4

Home Design

  • New Englander Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Fiberglass Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Butcher Block Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Higgins Beach Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 144 / 025

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,717

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Higgins Beach Association
  • Directions: Route One Scarborough to Pleasant Hill Road to end right on Spurwink Road, left on Ocean Ave, left on Bayview Ave to Corner of Bayview and Vesper, Parking is off Bayview Ave.
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Cottage, New Englander
  • Year Built: 1924
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1056.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Heat Fuel:Electric: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Laundry Room:Laundry Room: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • 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
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Near Public Beach, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Composition, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Screened
  • Roof: Fiberglass, Membrane

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 999999
  • Zoning: R4

Tax Info

  • Tax Annual Amount: 8717.0
  • Tax Block: 025
  • Tax Book Number: 30635
  • Tax Lot: 144
  • Tax Map Number: U001
  • Tax Year: 17

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
$1,504,515

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

Listed on
Nov 13, 2017
Closed on
Jan 12, 2018
Sold by
Lowell Emily and Onorato Julie
Bought by
Wallace Mary L
Seller's Agent
Christina Young
RE/MAX Shoreline
Buyer's Agent
Vincent Connolly
HomePro
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
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
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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
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
01/10/2018 01/10/18 Sold $670,000 -1.5% $634 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $679,900 -- $644 / 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 $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: 1332128

Maine Listings

APN: SCAR-000001U-000000-000025