NOT LISTED FOR SALE

31 E Grand Ave Scarborough, ME 04074

Estimated Value: $875,000 - $1,642,903

6 Beds
3 Baths
2,325 Sq Ft
$520/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $969,000 $417 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,619/month

4 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Level Lot
  • Scarborough High School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2022

Enjoy the ocean views and feel the ocean breeze from this two family Pine Point home. This house sits on 0.35 acres and has multiple future possibilities with great income potential. Maintain as a year round rental property, use it for weekly rentals or convert to a single family spacious home. The first floor unit has 2BR and 1bath. The second unit which has 4BR and 2 baths occupies the top two floors. Off street parking for at least 8 vehicles. The large deck overlooks the nice backyard and the marsh - perfect for taking in the beautiful sunsets. Direct access to the beach and to all that Pine Point has to offer. Walk to nearby restaurants, kayak on the marsh, fish from the beach! Don't miss out on your opportunity to own property on 7 miles of sand in one of the best areas that southern Maine has to offer. Style: Triplex

New roof installed 2020. New hot water heater 2019.

Last Agent to Sell the Property

Ralph Harvey

List With Freedom.com Brokerage Email: Support@listwithfreedom.com Listed on: 07/26/2022

List With Freedom.com

Last Buyer's Agent

Mandy Wheeler

U&R Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,694

Year Built

  • Built in 1910

Lot Details

  • 0.37 Acre Lot
  • Ocean Front
  • Rural Setting
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,325 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number SCAR-000023U-000000-000109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,694

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Water Body Name: Ocean
  • MLS Status: Closed
  • Directions: From the north: Take 95S to exit 42. Continue straight onto Haigis Pkwy. Turn right onto US Rt 1. Turn left onto Rt 9. Follow Rt 9 to 31 East Grand Ave
  • Above Grade Finished Sq Ft: 2325.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1910
  • Attribution Contact: Support@listwithfreedom.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2325.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Wood Siding: Yes
  • Location:Rural: Yes
  • Driveway:Concrete3: Yes
  • Parking:On Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.2
  • Parcel #: SCAR-000023U-000000-000109
  • Zoning: 15

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8694.0
  • Tax Book Number: 796
  • Tax Lot: 0
  • Tax Map Number: U023
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 12, 2022
Sold by
Hodgkins Lee D and Caldwell Harold V
Bought by
Steinman Adam
Seller's Agent
Ralph Harvey
List With Freedom.com
Buyer's Agent
Mandy Wheeler
U&R Real Estate
List Price
$989,000
Sold Price
$969,000
Premium/Discount to List
-$20,000
-2.02%
Current Estimated Value
$1,209,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,726
Avg. Annual Appreciation
5.25%
Original Mortgage
$741,750
Outstanding Balance
$713,812
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,319
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
Steinman Adam $969,000 None Available
Steinman Adam $969,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinman Adam $741,750
Closed Steinman Adam $741,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $969,000 -2.0% $417 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $989,000 -- $425 / 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 $12,491 $1,142,800 $555,400 $587,400
2023 $5,294 $331,500 $331,500 $0
2022 $9,034 $587,000 $331,500 $255,500
2021 $8,694 $578,800 $331,500 $247,300
2020 $8,601 $578,800 $331,500 $247,300
2019 $8,508 $578,800 $331,500 $247,300
2017 $7,120 $431,800 $323,000 $108,800
2016 $6,874 $431,800 $323,000 $108,800
2015 $6,689 $431,800 $323,000 $108,800
2014 $6,520 $431,800 $323,000 $108,800
2013 $6,378 $431,800 $323,000 $108,800
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2022

    Ralph Harvey

    List With Freedom.com

    (855) 456-4945

    10,960 Total Sales

    Ralph Harvey
    Section Image
  • Mandy Wheeler

    Buyer's Agent in 2022

    Mandy Wheeler

    U&R Real Estate

    (207) 333-1050

    266 Total Sales

    Mandy Wheeler
    Section Image
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Map

Source: Maine Listings

MLS Number: 1537768

Maine Listings

APN: SCAR-000023U-000000-000109

Maine Cumberland County Scarborough 04074

31 E Grand Ave, Scarborough, ME

This home is located at 31 E Grand Ave, Scarborough, ME 04074 since 26 July 2022 and is currently estimated at $1,209,726, approximately $520 per square foot. This property was built in 1910. 31 E Grand Ave is a home located in Cumberland County with nearby schools including Scarborough High School and Cornerstone Baptist Academy.

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