NOT LISTED FOR SALE

188 Payne Rd Scarborough, ME 04074

Estimated Value: $550,355 - $730,000

4 Beds
2 Baths
2,431 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 188 Payne Rd, Scarborough, ME 04074 and is currently estimated at $610,589, approximately $251 per square foot. 188 Payne Rd is a home located in Cumberland County with nearby schools including Scarborough High School and Cornerstone Baptist Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Hofheimer Michael D and Hofheimer Heather O
Bought by
Hofheimer Michael D and Hofheimer Heather O
Current Estimated Value
$610,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Leinonen Carl
Bought by
Hofheimer Michael D and Oshea Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Hofheimer Michael D -- None Available
Hofheimer Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hofheimer Michael D $266,000
Previous Owner Hofheimer Michael D $215,000
Source: Public Records

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 $5,046 $445,400 $139,200 $306,200
2024 $4,868 $445,400 $139,200 $306,200
2023 $4,762 $298,200 $91,600 $206,600
2022 $4,589 $298,200 $91,600 $206,600
2021 $4,479 $298,200 $91,600 $206,600
2020 $368 $298,200 $91,600 $206,600
2019 $368 $298,200 $91,600 $206,600
2017 $4,380 $265,600 $115,400 $150,200
2016 $483 $265,600 $115,400 $150,200
2015 $4,114 $265,600 $115,400 $150,200
2014 $4,011 $265,600 $115,400 $150,200
2013 -- $265,600 $115,400 $150,200
Source: Public Records

Map

Maine Cumberland County Scarborough 04074

188 Payne Rd, Scarborough, ME

Not Listed for Sale

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