NOT LISTED FOR SALE

24 Gristmill Ln Scarborough, ME 04074

Estimated Value: $599,000 - $653,000

3 Beds
2.5 Baths
1,496 Sq Ft
$420/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $400,000 $267 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,835/month

39 Days on Market

Highlights

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

About This Home

As of March 2021

Don't want to wait for a new house to be built? Here is a rare opportunity to own in The Downs NOW! 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 of town and launch Scarborough forward into its next chapter. Features include granite counter tops, stainless steel appliances, hardwood floors, and a bright, sunny, open floor plan. Public water, public sewer and natural gas! Be one of the lucky owners in the most exciting development in Maine-maybe ever!

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 12/10/2020

Last Buyer's Agent

Holly Mitchell

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 2019

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Property is zoned 39

HOA Fees

  • $50 Monthly HOA Fees

Parking

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

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 1,496 Sq Ft Home
  • Home to be built
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level

Unfinished 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

Listing and Financial Details

  • Tax Lot 405
  • Assessor Parcel Number SCAR-000052U-000000-000405

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 2019

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Grist Mill @ The Downs
  • Directions: Route 1 to Scarborough Downs Rd to Gristmill Lane
  • Above Grade Finished Sq Ft: 1496.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1496.0
  • Property Information:Garage: 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:Dishwasher: 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
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 600.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: 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
  • Vehicle Storage:Direct Entry to Living: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • 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
  • Washer/Dryer Other Location: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: 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
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Property Condition: To Be Built
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: SCAR-000052U-000000-000405
  • Zoning: 39

Tax Info

  • Tax Annual Amount: 1498.0
  • Tax Book Number: 35885
  • Tax Lot: 405
  • Tax Map Number: U052
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Chapman William C and Mitchell Holly B
Bought by
Cmfportfolio Llc
Current Estimated Value
$628,425

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 5, 2021
Sold by
Majeti Durga R
Bought by
Chapman William C and Mitchell Holly B
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Holly Mitchell
Keller Williams Realty
List Price
$414,000
Sold Price
$400,000
Premium/Discount to List
-$14,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$320,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cmfportfolio Llc -- None Available
Cmfportfolio Llc -- None Available
Chapman William C -- None Available
Chapman William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman William C $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $400,000 -3.4% $267 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $414,000 +23.6% $277 / Sq Ft
08/13/2019 08/13/19 Sold $334,950 +1.5% $224 / Sq Ft View Prior Sale
02/05/2019 02/05/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $330,000 -- $221 / 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 $5,437 $497,400 $126,300 $371,100
2023 $5,406 $338,500 $90,000 $248,500
2022 $5,210 $338,500 $90,000 $248,500
2021 $5,084 $338,500 $90,000 $248,500
2020 $4,980 $335,100 $90,000 $245,100
2019 $1,786 $121,500 $121,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1477567

Maine Listings

APN: U052/ / 405/ /