NOT LISTED FOR SALE

Estimated Value: $447,693 - $462,000

3 Beds
1 Bath
1,201 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $423,000 $352 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,845/month

109 Days on Market

Highlights

  • Public Beach
  • Main Floor Bedroom
  • No HOA
  • Scarborough High School Rated A-
  • Mud Room
  • Cottage

About This Home

As of March 2024

Nestled just moments away from the picturesque Pine Point beach, discover this charming and versatile cottage-style residence. Whether you're in search of an exceptional investment opportunity or a convenient single-level home close to all the excitement, this delightful property fits the bill perfectly. With a projected cash-on-cash return exceeding 35%, this home is like having your very own money-making machine. If you have an affinity for wealth, this house is tailor-made for you. Its classic features exude a sense of warmth and coziness, while the backyard offers a peaceful retreat with ample privacy. Enjoy outdoor gatherings on the deck, creating cherished memories with friends and family. This property serves as an excellent alternative to a condo, catering to those seeking a weekend escape or a year-round residence. Sold fully furnished, there's little left to do except unpack your suitcase and settle in. The current owners have masterfully transformed this home into a lucrative investment, boasting an impressive average daily rental rate of $322. Don't miss the opportunity to make this exceptional property yours.

Last Agent to Sell the Property

Will Van Wickler

Keller Williams Realty Brokerage Phone: (207) 232-8877 Listed on: 02/08/2024

Keller Williams Realty

Last Buyer's Agent

Paloma Fondeur

The Maine Real Estate Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1930

Lot Details

  • 0.35 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned R4

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,201 Sq Ft Home
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number SCAR-000033U-000000-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,133

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • MLS Status: Closed
  • Directions: Turn onto Pine Point Rd. Pass Dairy corner. House on left.
  • Above Grade Finished Sq Ft: 1201.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • Attribution Contact: (207) 232-8877
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1201.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: 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:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Style:Cottage: Yes
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Near Public Beach, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: SCAR-000033U-000000-000001
  • Zoning: R4

Tax Info

  • Tax Annual Amount: 3133.0
  • Tax Book Number: 39048
  • Tax Lot: 1
  • Tax Map Number: 33
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 29, 2024
Sold by
Red Riots Llc
Bought by
Delopez Calvin and Delopez Belkis M
Seller's Agent
Will Van Wickler
Keller Williams Realty
Buyer's Agent
Paloma Fondeur
The Maine Real Estate Experience
List Price
$399,900
Sold Price
$423,000
Premium/Discount to List
$23,100
5.78%
Views
99
Current Estimated Value
$452,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,923
Avg. Annual Appreciation
4.13%
Original Mortgage
$415,338
Outstanding Balance
$410,928
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$34,016

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 1, 2021
Sold by
Gaudette Guy R
Bought by
Mateja Jeff
Seller's Agent
Tim Madden
Assist-2-Sell Home Team Advantage
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$234,500
Sold Price
$260,000
Premium/Discount to List
$25,500
10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%
Original Mortgage
$195,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Delopez Calvin $423,000 None Available
Mateja Jeff -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrezo-Delopez Belkis M $14,700
Open Delopez Calvin $415,338
Previous Owner Mateja Jeff $195,000
Previous Owner Gaudette Guy R $123,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $423,000 +5.8% $352 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $399,900 0.0% $333 / Sq Ft
01/07/2024 01/07/24 Off Market $399,900 -- --
11/10/2023 11/10/23 For Sale $399,900 +53.8% $333 / Sq Ft
09/01/2021 09/01/21 Sold $260,000 +10.9% $216 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $234,500 -- $195 / 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 $3,976 $363,800 $143,400 $220,400
2023 $3,133 $196,200 $102,000 $94,200
2022 $3,020 $196,200 $102,000 $94,200
2021 $2,677 $178,200 $102,000 $76,200
2020 $5,117 $178,200 $102,000 $76,200
2019 $2,620 $178,200 $102,000 $76,200
2017 $4,688 $154,100 $105,000 $49,100
2016 $4,529 $154,100 $105,000 $49,100
2015 $2,387 $154,100 $105,000 $49,100
2014 $2,327 $154,100 $105,000 $49,100
2013 -- $154,100 $105,000 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1577178

Maine Listings

APN: SCAR-000033U-000000-000001