NOT LISTED FOR SALE

2 Madison Dr Scarborough, ME 04074

Estimated Value: $613,000 - $716,000

4 Beds
3 Baths
1,998 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $330,000 $165 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,037/month

3 Days on Market

Highlights

  • Public Beach
  • Finished Room Over Garage
  • Deck
  • Scarborough High School Rated A-
  • 2.5 Acre Lot
  • Cathedral Ceiling

About This Home

As of March 2018

Location, location, location -- and the highest in Scarborough! EZ access to T-pike and Route 1. Raised Ranch with three bedrooms and two baths. There is an attached 26' x 36' two-car garage & workshop all with 12 foot ceilings. Above garage is a one-bedroom accessory use apartment with cathedral ceilings and a loft area.

Last Agent to Sell the Property

Mark Walton

Bean Group Listed on: 01/26/2018

Last Buyer's Agent

Jean Murphy Richard Murphy

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,529

Year Built

  • Built in 1984

Lot Details

  • 2.5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,998 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Attached Garage
  • Finished Room Over Garage
  • Heated Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 24A
  • Assessor Parcel Number SCAR-000050R-000000-000024A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,529

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: From Cabellas take Payne Rd South, top of hill take left onto Two Rod Rd. at 90 degree turn (after Stuga Ln) take hard left approx 400 ft to 1st on left 2 Madison Dr (runs parrallel with Stuga Ln).
  • Above Grade Finished Sq Ft: 1998.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 165.17
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1998.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Heat System:Direct Vent Heater: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Amenities:In-Law Apartment: Yes
  • Vehicle Storage:Heated: Yes
  • Washer/Dryer Other Location: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Kitchen Amenities:Vaulted Ceiling12: Yes
  • Bedroom Amenities 3:Cathedral Ceiling9: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Style:Raised Ranch: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Bedroom Amenities 3:Above Garage3: Yes
  • Bedroom Amenities 3:Vaulted Ceiling3: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: 3bdrm home with 2 bath, 2+ car garage with 1 bdrm aptmt over garage 2.5 ac
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, In-Law Floorplan, One-Floor Living, Other, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: Other, None
  • Cooling Y N: No
  • Heating: Other, Heat Pump, Forced Air, Direct Vent Heater, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: SCAR-000050R-000000-000024A
  • Zoning: Resid

Tax Info

  • Tax Annual Amount: 3529.0
  • Tax Lot: 24A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 16, 2018
Sold by
Kofstad Realty Holdings
Bought by
Stanilov Genko
Seller's Agent
Mark Walton
Bean Group
Buyer's Agent
Jean Murphy Richard Murphy
Coldwell Banker Realty
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Current Estimated Value
$672,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,365
Avg. Annual Appreciation
9.68%
Original Mortgage
$264,000
Outstanding Balance
$224,358
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$448,007

Purchase Details

Closed on
Jul 29, 2015
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Kofstad Realty Holdings

Purchase Details

Closed on
Jun 25, 2015
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
Aug 26, 2011
Sold by
Hershberger Mary S
Bought by
Ameriquest Mtg Securities and Deutsche Bank Natl T Co
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stanilov Genko -- --
Kofstad Realty Holdings -- --
Deutsche Bk Natl T Co Tr -- --
Ameriquest Mtg Securities -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanilov Genko $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $330,000 +1.5% $165 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $325,000 -- $163 / 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 $5,966 $526,600 $167,700 $358,900
2024 $5,756 $526,600 $167,700 $358,900
2023 $5,698 $356,800 $120,600 $236,200
2022 $5,491 $356,800 $120,600 $236,200
2021 $5,224 $347,800 $120,600 $227,200
2020 $5,168 $347,800 $120,600 $227,200
2019 $5,113 $347,800 $120,600 $227,200
2017 $3,529 $214,000 $106,000 $108,000
2016 $3,407 $214,000 $106,000 $108,000
2015 $3,315 $214,000 $106,000 $108,000
2014 $3,449 $228,400 $106,000 $122,400
2013 -- $228,400 $106,000 $122,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1335641

Maine Listings

APN: SCAR-000050R-000000-000024A