A
Seller's Agent in 2021
Andrew Stevens
Keller Williams Realty
(207) 838-6022
12 in this area
73 Total Sales
16 Ave 5 Scarborough, ME 04074
Estimated Value: $758,000 - $955,000
3
Beds
1
Bath
1,497
Sq Ft
$599/Sq Ft
Est. Value
Highlights
- Ocean Front
- Nearby Water Access
- Deck
- Scarborough High School Rated A-
- Public Beach
- Saltbox Architecture
About This Home
As of May 2021The Perfect Beach Life! This warm and solidly built home has ocean views and it's minutes from front door to feet in the sand. This is a true year round home and not just a cottage. There's plenty of outdoor space for BBQs on the deck, sitting around the firepit, and storing all your beach toys and kayaks. This home has been well cared for and is in move in condition, so you can close in the Spring and enjoy all summer at the beach. Plenty of parking on the driveway for your out of town guests, and close to all the restaurants Pine Point has to offer. This home has been pre-inspected for buyer's knowledge and convenience.
Due to COVID-19 and as a courtesy to all parties, please don't schedule showings if the buyer's agent or buyers exhibits cold/flu-like symptoms or meet any of the criteria for self-quarantine mandated by the CDC. By scheduling a showing, you acknowledge this requirement and agree you are not aware of any issues of this nature.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,178
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Ocean Front
- Public Beach
- Landscaped
- Level Lot
- Open Lot
- Property is zoned R4A
Home Design
- Saltbox Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,497 Sq Ft Home
- Living Room
- Dining Room
- Home Office
- Water Views
- Unfinished Basement
- Exterior Basement Entry
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Deep Water Access
- Deck
- Shed
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number SCAR-000021U-000000-000003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2021
Closed on
May 12, 2021
Sold by
Merrill Sheldon and Merrill Susan
Bought by
Lomac Sabin Z
Seller's Agent
Andrew Stevens
Keller Williams Realty
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,042
Avg. Annual Appreciation
9.27%
Original Mortgage
$488,000
Outstanding Balance
$444,125
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,917
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lomac Sabin Z | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lomac Sabin Z | $488,000 | |
| Previous Owner | Merrill Sheldon E | $32,000 | |
| Previous Owner | Merrill Sheldon E | $228,500 | |
| Previous Owner | Merrill Sheldon E | $224,000 | |
| Previous Owner | Merrill Sheldon E | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $610,000 | +1.8% | $407 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $599,000 | -- | $400 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $8,510 | $778,600 | $457,800 | $320,800 |
| 2023 | $8,356 | $523,200 | $307,700 | $215,500 |
| 2022 | $8,052 | $523,200 | $307,700 | $215,500 |
| 2021 | $7,858 | $523,200 | $307,700 | $215,500 |
| 2020 | $7,256 | $488,300 | $307,700 | $180,600 |
| 2019 | $7,178 | $488,300 | $307,700 | $180,600 |
| 2017 | $5,727 | $367,300 | $262,600 | $104,700 |
| 2016 | $5,847 | $367,300 | $262,600 | $104,700 |
| 2015 | $5,689 | $367,300 | $262,600 | $104,700 |
| 2014 | $5,546 | $367,300 | $262,600 | $104,700 |
| 2013 | $5,425 | $367,300 | $262,600 | $104,700 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Stevens
-
Scott Townsend
Buyer's Agent in 2021
Scott Townsend
Keller Williams Realty
(207) 252-0720
170 in this area
507 Total Sales
Map
Source: Maine Listings
MLS Number: 1485987
APN: SCAR-000021U-000000-000003
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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