NOT LISTED FOR SALE

285 Payne Rd Scarborough, ME 04074

Estimated Value: $2,182,009

17.07 Acres
$127,827 Price per Acre
743,569 Sq Ft Lot

Last Sold November 14, 2019

Last sale price $1,250,000

Est. 75% increase in value since last sale

Current estimated payment $13,671/month

720 Days on Market

Highlights

  • 17.07 Acre Lot
  • Wooded Lot
  • No HOA
  • Scarborough High School Rated A-
  • Corner Lot
  • Property is near shops

About This Lot

As of November 2019

Ideal Office, Medical, Retail, Restaurant, Hotel or mixed use sites, Residential component possible. Situated across Payne Road the new Cabela's Shopping Center and over 300,000sf of planned retail and mixed use (approximately 250,000sf completed). Near the Maine Mall, Scarborough Downs, Shaw's, Wal-Mart, Sam's, The Portland Jetport, Downtown Portland and U.S. Route 1. More land available, Documents include: Survey, wetlands and zoning.

Last Agent to Sell the Property

Jerry Applebee

Applebee Commercial Listed on: 12/06/2016

Last Buyer's Agent

Marina Turmelle

The Dunham Group

The Dunham Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,170

Lot Details

  • 17.07 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned HPZ

Location

  • Property is near shops

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 285PayneRdScarboroughMaine04074

Property Details

Property Type

Land

Est. Annual Taxes

$5,170

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 17.07
  • MLS Status: Closed
  • Directions: East Corner of Haigis Parkway and Payne Road 4 way lighted intersection (Exit 42 of the Maine Turnpike) - Across from Irving Station - sign on property
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 17.07
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:Natural - At Street: Yes
  • Site:Wooded: Yes
  • Property Information:Mobile Homes Allowed: No
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Washer/Dryer Other Location: Yes
  • Advertising Remarks:Advertising Remarks: www.applebeecommercial.com Highly visible location from I-95 Exit 42 and the Payne Rd. Exceptional development opportunities with over 2,400' of contiguous frontage, level topography, state of the art infrastructure and up to 33 acres contiguous; 2 properties can be purchased separately or in total.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Office Park, Other, Retail Strip, Shopping Mall
  • Waterfront: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 743569.2
  • Parcel #: 285PayneRdScarboroughMaine04074
  • Zoning: HPZ

Tax Info

  • Tax Annual Amount: 5170.0
  • Tax Lot: 005
  • Tax Year: 16

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $1,250,000 -49.8% --
11/27/2018 11/27/18 Pending -- -- --
12/06/2016 12/06/16 For Sale $2,490,000 -- --
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 $72,671 $6,414,000 $2,087,300 $4,326,700
2024 $35,943 $3,288,500 $2,087,300 $1,201,200
2023 $18,064 $1,131,100 $1,131,100 $0
2022 $17,408 $1,131,100 $1,131,100 $0
2021 $17,006 $1,132,200 $1,131,100 $1,100
2020 $12,344 $830,700 $825,100 $5,600
2019 $5,170 $351,700 $212,000 $139,700
2017 $3,433 $228,200 $152,100 $76,100
2016 $3,633 $228,200 $152,100 $76,100
2015 $3,535 $228,200 $152,100 $76,100
2014 $3,295 $228,200 $152,100 $76,100
2013 -- $228,200 $152,100 $76,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jerry Applebee

    Applebee Commercial

    Section Image
  • Marina Turmelle

    Buyer's Agent in 2019

    Marina Turmelle

    The Dunham Group

    (207) 576-6623

    Marina Turmelle
    Section Image
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Map

Source: Maine Listings

MLS Number: 1290273

Maine Listings

APN: SCAR-000052R-000000-000005

Maine Cumberland County Scarborough 04074

285 Payne Rd, Scarborough, ME

Not Listed for Sale

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