NOT LISTED FOR SALE

28 Pacer Way Unit 208 Scarborough, ME 04074

Estimated Value: $413,000 - $504,000

2 Beds
1.5 Baths
1,059 Sq Ft
$318/mo HOA Fee

Last Sold December 15, 2023

Last sale price $420,000 $397 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,070/month

3 Days on Market

Highlights

  • Public Beach
  • New Construction
  • Quartz Countertops
  • Scarborough High School Rated A-
  • Deck
  • 1 Car Detached Garage

About This Home

As of December 2023

Welcome to Scarborough Downs - Southern Maine's newest planned community. This brand new 2 bedroom, 1.5 bath condo offers single level living in one of the best locations. With Maine's best beaches & best restaurants just 15 minutes away and easy access to all of the Maine's lakes and mountains, this condo is your jumping off point to the way life should be. This unit has a private balcony and its own 1 car garage. Efficient heat pumps for cooling and heating make living easy breezy. Showings to start 11/8 - don't miss your opportunity to be in Maine's newest work/play community!

Last Agent to Sell the Property

Callan Cassidy

Waypoint Brokers Collective Brokerage Email: callan@waypointbrokers.com Listed on: 11/06/2023

Last Buyer's Agent

Justin Hayward

Maine Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,059 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available

Additional Features

  • Deck
  • City Lot

Community Details

  • 12 Units
  • High-Rise Condominium
  • Frontrunner Park Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number SCAR-000055U-000000-004008

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,719

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$318 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Frontrunner Park
  • Directions: Route 1 or Payne Rd to Scarborough Downs. Building number 28
  • Above Grade Finished Sq Ft: 1059.0
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2022
  • Attribution Contact: callan@waypointbrokers.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1059.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 318.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 12
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Property Condition:New Construction: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Kitchen Countertop:Quartz: Yes
  • Style:High Rise: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Garage Door Opener, Detached

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: 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
  • Parcel #: SCAR-000055U-000000-004008
  • Zoning: 22

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 3719.0
  • Tax Lot: 40
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Dec 15, 2023
Sold by
Oneal Ryan and Oneal Taylor
Bought by
Camire Jennifer
Seller's Agent
Callan Cassidy
Waypoint Brokers Collective
Buyer's Agent
Justin Hayward
Maine Realty LLC
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%
Current Estimated Value
$458,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,536
Avg. Annual Appreciation
4.65%
Original Mortgage
$280,000
Outstanding Balance
$275,579
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,957

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jan 4, 2023
Sold by
Frontrunner Pk Condo Llc
Bought by
Oneal Taylor and Oneal Ryan
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Callan Cassidy
Waypoint Brokers Collective
List Price
$375,000
Sold Price
$375,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$375,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Camire Jennifer -- None Available
Oneal Taylor $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camire Jennifer $280,000
Previous Owner Oneal Taylor $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $420,000 +5.3% $397 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $399,000 +6.4% $377 / Sq Ft
01/04/2023 01/04/23 Sold $375,000 0.0% $354 / Sq Ft View Prior Sale
11/15/2022 11/15/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $375,000 -- $354 / 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 $4,033 $369,000 $105,000 $264,000
2023 $3,719 $232,900 $75,000 $157,900
2022 $1,400 $91,000 $75,000 $16,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576739

Maine Listings

APN: SCAR M:U055 L:4008