NOT LISTED FOR SALE

2 Two Rod Rd Scarborough, ME 04074

Estimated Value: $682,791 - $767,000

2.3 Acres
$317,586 Price per Acre
100,188 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $118,000

Est. 519% increase in value since last sale

Current estimated payment $4,398/month

1 Day on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Wooded Lot
  • Scarborough High School Rated A-
  • 2.3 Acre Lot
  • No HOA

About This Lot

As of May 2020

Here's your chance to own over 2 acres in West Scarborough! Build your dream home or start your own business; the choice is yours. Enjoy the local Scarborough beaches, restaurants or even rock climbing; all within a short drive. Located in a wooded setting with easy access to the Maine Turnpike, Cabela's, shopping and only 2.5 miles to Route 1. A perfect opportunity for residential or light industrial development less than 15 minutes from Portland and less than 2 hours to Boston.

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 05/19/2020

Keller Williams Realty

Last Buyer's Agent

Carrie Scoville Amy Foley

The Maine Real Estate Network

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,492

Lot Details

  • 2.3 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned LI (Zoning Overlay)

Parking

  • No Driveway

Property Views

  • Views of Woods

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Well Required
  • Septic Needed
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 021A
  • Assessor Parcel Number SCAR-000032R-000000-000021A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,492

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Payne or Holmes to Two Rod
  • Attribution Contact: scottandsunny@kw.com
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.3
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Advertising Remarks:Advertising Remarks: Here's your chance to own over 2 acres in West Scarborough! Build your dream home or start your own business; the choice is yours. Enjoy the local Scarborough beaches, restaurants or even rock climbing; all within a short drive. Located in a wooded setting with easy access to the Maine Turnpike, Cabela's, shopping and only 2.5 miles to Route 1. A perfect opportunity for residential or light industrial development less than 15 minutes from Portland and less than 2 hours to Boston.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Rural
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

  • Electric: No Electric
  • Sewer: None, Septic Needed
  • Water Source: Well Needed on Site, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 100188.0
  • Parcel #: SCAR-000032R-000000-000021A
  • Zoning: LI (Zoning Overlay)

Tax Info

  • Tax Annual Amount: 2492.0
  • Tax Lot: 021A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2019
Sold by
Rice Tina and Rice Joshua N
Bought by
Rice Tina
Current Estimated Value
$730,448

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bernstein Virginia L
Bought by
Bernstein Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$105,813
Interest Rate
4.78%
Mortgage Type
Commercial
Estimated Equity
$624,635
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Tina -- --
Rice Tina -- --
Bernstein Joshua -- --
Bernstein Joshua -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Joshua $160,000
Closed Bernstein Joshua $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $118,000 +24.2% --
05/21/2020 05/21/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $95,000 -- --
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 $6,618 $584,100 $183,200 $400,900
2024 $6,384 $584,100 $183,200 $400,900
2023 $6,586 $412,400 $132,300 $280,100
2022 $6,347 $412,400 $132,300 $280,100
2021 $6,194 $412,400 $132,300 $280,100
2020 $6,128 $412,400 $132,300 $280,100
2019 $6,062 $412,400 $132,300 $280,100
2017 $5,509 $334,100 $163,800 $170,300
2016 $5,319 $334,100 $163,800 $170,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452812

Maine Listings

APN: SCAR M:R049 L:013