NOT LISTED FOR SALE

20 Gristmill Ln Scarborough, ME 04074

Estimated Value: $757,000 - $941,000

4 Beds
2.5 Baths
2,413 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $400,000 $166 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,949/month

6 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Scenic Views
  • Scarborough High School Rated A-
  • New Construction
  • Colonial Architecture

About This Home

As of November 2019

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. 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 to town and launch Scarborough forward into its next chapter. This home is by far the most new house for the money to be found. Granite counter tops, stainless steel appliances, hw/flrs, perfect floor plan and no construction financing needed. Be one of the 30 lucky owners in the most exciting development in Maine may be ever.

Last Agent to Sell the Property

Loni Graiver

Signature Homes Real Estate Group, LLC Listed on: 02/06/2019

Last Buyer's Agent

Bailey Pate

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,436

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 2,413 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Gas Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities

Additional Features

  • Attic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4.4
  • Assessor Parcel Number lot4.4gristmilllanescarborough04074

Community Details

Overview

  • Gristmill Subdivision @ The Downs
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,436

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Gristmill Subdivision @ The Downs
  • Directions: Enter Scarborough Downs from Route 1 or Payne Road. As you arrive on Grist Mill Lane Lot 4.4 is the fourth lot on the left. Be sure to view our builders brochure at https://www.dropbox.com/sh/whyoipz79h9c4p/AACHFr4IprdFlzfogWyyblpa?dl=0
  • Above Grade Finished Sq Ft: 2413.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2413.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: 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:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Washer/Dryer Other Location: Yes
  • Location:Near Railroad: Yes
  • Electric:Underground: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, Other, Pantry, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Other, Subdivided, Suburban, Near Railroad
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: lot4.4gristmilllanescarborough04074
  • Zoning: Residential

Tax Info

  • Tax Book Number: 35393
  • Tax Lot: 4.4
  • Tax Map Number: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Nov 15, 2019
Sold by
Graiver Homes Inc
Bought by
Sethia Prakash
Seller's Agent
Loni Graiver
Signature Homes Real Estate Group, LLC
Buyer's Agent
Bailey Pate
Keller Williams Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$819,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,676
Avg. Annual Appreciation
13.00%
Original Mortgage
$300,000
Outstanding Balance
$264,185
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$555,491
Source: Public Records

Range of Values:

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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
Sethia Prakash -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethia Prakash $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $400,000 0.0% $166 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $400,000 -- $166 / 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 $6,436 $588,800 $132,000 $456,800
2023 $6,382 $399,600 $94,000 $305,600
2022 $6,150 $399,600 $94,000 $305,600
2021 $6,002 $399,600 $94,000 $305,600
2020 $5,938 $399,600 $94,000 $305,600
2019 $1,865 $126,900 $126,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1403849

Maine Listings

APN: U052/ / 404/ /