NOT LISTED FOR SALE

25 Frontrunner Way Unit 25 Scarborough, ME 04074

Estimated Value: $703,465 - $744,000

3 Beds
2.5 Baths
2,193 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $619,700 $283 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,814/month

Highlights

  • 1.55 Acre Lot
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Scarborough High School Rated A-
  • Mud Room
  • Bathtub

About This Home

As of September 2022

Welcome to The Townhouses on Frontrunner Park! Stylish design elements & multi-level living make for a unique opportunity in the heart of The Downs community. Community amenities are designed to create an alternative to city living as well as be spaces where comfort, convenience & a sense of belonging extends beyond each residence. The wooded trails, bike paths & parks provide an opportunity for neighbors to gather together & enjoy all that the community has to offer. These bright & spacious homes feature an open concept layout with living room, half bathroom, and a kitchen with gorgeous quartz or granite countertops & stainless steel appliances. The second floor features generously sized bedrooms both with their own bathroom. The top floor offers a quiet retreat with extra space for the extended family, hobbies or home office, as well as the potential for an ensuite bathroom & walk-in closet. This townhome also offers a private patio space, a full unfinished basement & attached garage. Homeowners will find themselves perfectly placed just moments from all of their everyday needs in Scarborough as well as 95/295, Portland, beaches, school and so much more - everything you might need is easily accessible in just minutes. Don't miss this rare opportunity - become the first owner of this gorgeous townhouse! 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 & commercial elements such as a sports facility, a grocery store, shops & restaurants. The 500-acre mixed-use development will create numerous recreational opportunities & will include walking paths throughout 200 acres of preserved green space. Tree-lined streets connect the planned community, which will seamlessly balance recreation, retail, residential & commercial development. Together, all elements are creating the premier place to live, work & play!

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 03/17/2022

Last Buyer's Agent

Scott Townsend

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 2022

Lot Details

  • Fenced
  • Open Lot

HOA Fees

  • $318 Monthly HOA Fees

Parking

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

Home Design

  • Home to be built
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,193 Sq Ft Home
  • Mud Room
  • Living Room
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bathtub

Unfinished Basement

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Gas Water Heater
  • Water Heated On Demand

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Tax Lot 2725
  • Assessor Parcel Number 25FrontrunnerWayScarborough04074

Community Details

Overview

  • 6 Units
  • Frontrunner Park Condominiums Subdivision

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,909

Year Built

Built in 2022

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.55
  • MLS Status: Closed
  • Subdivision Name: Frontrunner Park Condominiums
  • Above Grade Finished Sq Ft: 2193.0
  • Architectural Style: Townhouse
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2022
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.55
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2193.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 318.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Kitchen Countertop:Quartz: Yes
  • Exterior:Fiber Cement: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Fiber Cement, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Property Condition: To Be Built
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 318.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 67518.0
  • Parcel #: 25FrontrunnerWayScarborough04074
  • Zoning: 22

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 38641
  • Tax Lot: 2725
  • Tax Map Number: U055
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Sep 30, 2022
Sold by
Frontrunner Pk Condo Llc
Bought by
King Michelle L
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$638,721
Sold Price
$619,700
Premium/Discount to List
-$19,021
-2.98%
Current Estimated Value
$719,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,666
Avg. Annual Appreciation
6.67%
Original Mortgage
$340,000
Outstanding Balance
$329,219
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$417,534
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
King Michelle L $619,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Michelle $340,000
Closed King Michelle L $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $619,700 -3.0% $283 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $638,721 -- $291 / 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 $6,909 $632,100 $110,000 $522,100
2023 $7,175 $449,300 $125,000 $324,300
2022 $4,480 $291,100 $125,000 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1522006

Maine Listings

APN: SCAR M:U055 L:2725