NOT LISTED FOR SALE

16 Frontrunner Way Scarborough, ME 04074

Estimated Value: $718,829 - $746,000

3 Beds
2.5 Baths
1,870 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $478,100 $256 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,546/month

Highlights

  • Public Beach
  • New Construction
  • 1 Fireplace
  • Scarborough High School Rated A-
  • Main Floor Bedroom
  • Cottage

About This Home

As of July 2021

The Highland's open floor plan concept comes with lots of windows to help to make this home bright, warm and inviting - an ideal spot for lounging and entertaining! This home features a first floor master suite with 2 bedrooms upstairs. At 1870 SQ FT, the Highland feels intimate but offers plenty of space for everyone to enjoy. A full basement for future living space and/or storage and the 2 car attached garage make this home check all the boxes! The available wrap around front porch creates a nice place set to the side for a porch swing and a place to relax and enjoy the courtyard. Set yourself apart with this charming home! 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 such as Edge Sports, WEX, a grocery store, shops and restaurants. 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. No construction financing needed. Be one of the lucky owners in the most exciting development in Maine.

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 01/05/2021

Last Buyer's Agent

Lisa MacDonald

ERA Today Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,595

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Property is zoned 22

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Home to be built
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,870 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

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 18
  • Assessor Parcel Number 16frontrunnerwayscarborough

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,595

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Subdivision Name: Cottages on the Green
  • Directions: Route 1 or Payne Road to Scarborough Downs Road
  • Above Grade Finished Sq Ft: 1870.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1870.0
  • Property Information:Garage: 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:Disposal: 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
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: 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
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • 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: Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener

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
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 16frontrunnerwayscarborough
  • Zoning: 22

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Lot: 18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jul 23, 2021
Sold by
Risbara Bros Const Co Inc
Bought by
Badiga Aruna V and Badiga Venkata N
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Lisa MacDonald
ERA Today Realty
List Price
$478,100
Sold Price
$478,100
Current Estimated Value
$728,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,607
Avg. Annual Appreciation
10.22%
Original Mortgage
$406,385
Outstanding Balance
$306,762
Interest Rate
2.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$421,945
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
Badiga Aruna V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badiga Aruna V $406,385
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $478,100 0.0% $256 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $478,100 -- $256 / 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 $6,595 $603,400 $129,100 $474,300
2023 $6,725 $421,100 $110,400 $310,700
2022 $6,481 $421,100 $110,400 $310,700
2021 $3,515 $234,000 $110,400 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479147

Maine Listings

APN: SCAR M:U055 L:018