NOT LISTED FOR SALE

159 Scarborough Downs Rd Scarborough, ME 04074

Estimated Value: $631,000 - $807,000

3 Beds
2.5 Baths
1,630 Sq Ft
$440/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $462,700 $284 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,464/month

104 Days on Market

Highlights

  • Public Beach
  • Main Floor Bedroom
  • Granite Countertops
  • Scarborough High School Rated A-
  • Corner Lot
  • Cottage

About This Home

As of May 2021

We love the cozy and functional floor plan of the Shetland, which is working pretty hard for such a modest home. This 1630 SQ FT cottage style 3 bedroom, 2 bath is an excellent size for either someone looking to downsize or get into their first home.

The first floor master bedroom with 2 bedrooms upstairs offers a lot of flexibility and privacy for the homeowner. It combines elements from the coastal style and gives the feel of plenty of space as well as the features you would expect from a much larger home.

The front porch is a perfect spot to relax and enjoy the courtyard. A full basement for future living space and/or storage and the 2 car detached garage make this home everything you'll ever need!

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 an array of living options set in natural surroundings, with a vibrant Town Center and a truly integrated Innovation District. Together, all elements will create the premier place to live, work and play.
The next phase of The Downs will continue to bring vitality to the area and will launch Scarborough forward into its next chapter. The 524-acre mixed-use development will create numerous recreational opportunities and will include over 10 miles 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.

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 07/16/2020

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Property is zoned 22

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 1,630 Sq Ft Home
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Porch
  • City Lot

Community Details

  • Cottages On The Green Subdivision

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 159(Lot19)ScarboroughDownsRoadScarborough04074

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,439

Year Built

Built in 2020

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • MLS Status: Closed
  • Subdivision Name: Cottages on the Green
  • Directions: Route 1 or Payne Rd to Scarborough Downs Rd
  • Above Grade Finished Sq Ft: 1630.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 260.74
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1630.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 155.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Cottage: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: We love the cozy and functional floor plan of the Shetland, which is working pretty hard for such a modest home. This 1630 SQ FT cottage style 3 bedroom, 2 bath is an excellent size for either someone looking to downsize or get into their first home. The first floor master bedroom with 2 bedrooms upstairs offers a lot of flexibility and privacy for the homeowner. It combines elements from the coastal style and gives the feel of plenty of space as well as the features you would expect from a much larger home. The front porch is a perfect spot to relax and enjoy the courtyard. A full basement for future living space and/or storage and the 2 car detached garage make this home everything you'll ever need! 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 an array of living options set in natural surroundings, with a vibrant Town Center and a truly integrated Innovation District. Together, all elements will create the premier place to live, work and play. The next phase of The Downs will continue to bring vitality to the area and will launch Scarborough forward into its next chapter. The 524-acre mixed-use development will create numerous recreational opportunities and will include over 10 miles 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. For more details contact info@scovillefoleyhomes.com
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 159(Lot19)ScarboroughDownsRoadScarborough04074
  • Zoning: 22

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Lot: 019
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
May 25, 2021
Sold by
Risbara Bros Const Co Inc
Bought by
Hamilton Kaitlin J
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$425,000
Sold Price
$462,700
Premium/Discount to List
$37,700
8.87%
Current Estimated Value
$716,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,697
Avg. Annual Appreciation
10.20%
Original Mortgage
$370,160
Outstanding Balance
$333,485
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,912
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamilton Kaitlin J -- None Available
Hamilton Kaitlin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Kaitlin J $370,160
Closed Hamilton Kaitlin J $370,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $462,700 +8.9% $284 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $425,000 -- $261 / 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
2025 $6,439 $568,300 $106,000 $462,300
2024 $6,212 $568,300 $106,000 $462,300
2023 $6,287 $393,700 $90,700 $303,000
2022 $6,059 $393,700 $90,700 $303,000
2021 $4,821 $321,000 $90,700 $230,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460626

Maine Listings

APN: SCAR M:U055 L:019