$1,650,000
$245K PRICE DROP

3 E Grand Ave Scarborough, ME 04074

Estimated payment $10,186/month

Total Views 4,905
-- Bed
2 Baths
7,960 Sq Ft
$207 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Public Beach
  • Corner Lot
  • Scarborough High School Rated A-
  • 1.3 Acre Lot
  • 3-minute walk to Snowberry Oceanview Park

About This Home

This home is located at 3 E Grand Ave, Scarborough, ME 04074 and is currently priced at $1,650,000, approximately $207 per square foot. This property was built in 1940. 3 E Grand Ave is a home located in Cumberland County with nearby schools including Scarborough High School and Cornerstone Baptist Academy.

Listing Agent

Samuel LeGeyt

The Dunham Group Listed on: 06/03/2025

The Dunham Group

Co-Listing Agent

Justin Lamontagne

The Dunham Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,724

Year Built

  • Built in 1940

Lot Details

  • 1.3 Acre Lot
  • Public Beach
  • Corner Lot

Home Design

  • 7,960 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Parking

  • Common or Shared Parking
  • Shared Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System

Additional Features

  • 2 Full Bathrooms
  • Nearby Water Access

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number SCAR-000022U-000000-000123

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $35,401
  • Gross Income $234,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,724

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.3
  • Co List Office Mls Id: 1795
  • Co List Office Phone: 207-773-7100
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 7960.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 7960.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat System:Heat Pump: Yes
  • Driveway:Common2: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 234000.0
  • Income Expenses Operating Expenses: 35401.0
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 2
  • Flooring: Other

Exterior Features

  • Lot Features: Corner Lot, Near Public Beach
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Common

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: SCAR-000022U-000000-000123
  • Zoning: Town Village Center

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 234000.0
  • Annual Operating Expense: 35401.0

Tax Info

  • Tax Annual Amount: 16724.0
  • Tax Book Number: 33748
  • Tax Lot: 123
  • Tax Map Number: U022
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,724 $1,530,100 $647,600 $882,500
2023 $14,218 $890,300 $462,600 $427,700
2022 $13,702 $890,300 $462,600 $427,700
2021 $13,372 $890,300 $462,600 $427,700
2020 $10,362 $697,300 $269,600 $427,700
2019 $10,250 $697,300 $269,600 $427,700
2017 $11,086 $672,300 $367,500 $304,800
2016 $8,657 $543,800 $367,500 $176,300
2015 $8,423 $543,800 $367,500 $176,300
2014 $8,211 $543,800 $367,500 $176,300
2013 -- $543,800 $367,500 $176,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,650,000 0.0% $207 / Sq Ft
04/10/2025 04/10/25 Off Market $1,650,000 -- --
02/28/2025 02/28/25 Price Changed $1,650,000 -12.9% $207 / Sq Ft
10/24/2024 10/24/24 For Sale $1,895,000 -- $238 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $710,000 Commercial
Closed $100,000 Commercial
Closed $115,000 Commercial
Closed $370,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1607756

Maine Listings

APN: SCAR-000022U-000000-000123