NOT LISTED FOR SALE

37 Gristmill Ln Scarborough, ME 04074

Estimated Value: $649,265 - $739,000

3 Beds
2.5 Baths
1,750 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $390,067 $223 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,182/month

Highlights

  • Public Beach
  • Country Club
  • Colonial Architecture
  • Scarborough High School Rated A-
  • New Construction
  • Deck

About This Home

As of March 2020

The Downs is a new and exciting mixed-use development in Scarborough, Maine. Located in the heart of the community, The Downs will become home to a modern town center with supporting residential and commercial elements. The 500-acre mixed-use development will create numerous recreational opportunities and will include walking paths throughout 200 acres of preserved green space. Tree-lined streets will connect the planned community, which will seamlessly balance recreation, retail, residential, and commercial development. Together, all elements will create the premier place to live, work, and play. The Downs development will bring newfound vitality to the center of town and launch Scarborough forward into its next chapter. This home is by far the most new house for the money to be found. Granite counter tops, stainless steel appliances, hw/flrs, perfect floor plan and no construction financing needed. Be one of the 30 lucky owners in the most exciting development in Maine -maybe ever.

Last Agent to Sell the Property

Loni Graiver

Signature Homes Real Estate Group, LLC Listed on: 02/15/2019

Last Buyer's Agent

Carrie Scoville Amy Foley

The Maine Real Estate Network

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 1,750 Sq Ft Home
  • Home to be built
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Underground Utilities

Additional Features

  • Attic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4.29
  • Assessor Parcel Number 37gristmilllanescarborough04074

Community Details

Overview

  • The Downs Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,630

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Downs
  • Directions: Enter Scarborough Downs from Route 1 or Payne Road . As you arrive on Grist Mill Lane Lot 4.29 is the tenth lot on the right. view our builders brochure at https://www.dropbox.com/sh/vhy7oipz79h9c4p/AACHFr4lPrdiFizfoqWyyBLPa?dl=0
  • Above Grade Finished Sq Ft: 1750.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1750.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Appliances Included:Gas Range: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Electric:Underground: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Subdivided, Suburban, Near Railroad
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 37gristmilllanescarborough04074
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 35393
  • Tax Lot: 4.29
  • Tax Map Number: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Mar 25, 2020
Sold by
Graiver Homes Inc
Bought by
Vangara Suman K and Sudhakarudu Lakshmi P
Seller's Agent
Loni Graiver
Signature Homes Real Estate Group, LLC
Buyer's Agent
Carrie Scoville Amy Foley
The Maine Real Estate Network
List Price
$335,000
Sold Price
$390,067
Premium/Discount to List
$55,067
16.44%
Current Estimated Value
$690,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,749
Avg. Annual Appreciation
10.85%
Original Mortgage
$351,060
Outstanding Balance
$310,997
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$379,819
Source: Public Records

Range of Values:

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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
Vangara Suman K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vangara Suman K $351,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $390,067 +16.4% $223 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $335,000 -- $191 / 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 $5,630 $515,100 $116,100 $399,000
2023 $5,668 $354,900 $82,800 $272,100
2022 $5,462 $354,900 $82,800 $272,100
2021 $5,331 $354,900 $82,800 $272,100
2020 $5,274 $354,900 $82,800 $272,100
2019 $1,643 $111,800 $111,800 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Loni Graiver

    Signature Homes Real Estate Group, LLC

    (207) 329-7355

    32 Total Sales

    Loni Graiver
    Section Image

  • C

    Buyer's Agent in 2020

    Carrie Scoville Amy Foley

    The Maine Real Estate Network

  • Amy Foley

    Buyer's Agent in 2020

    Amy Foley

    Signature Homes Real Estate Group, LLC

    (207) 730-3071

    267 in this area

    615 Total Sales

    Amy Foley
    Section Image
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Map

Source: Maine Listings

MLS Number: 1404583

Maine Listings

APN: U052/ / 429/ /

Maine Cumberland County Scarborough 04074

37 Gristmill Ln, Scarborough, ME

This home is located at 37 Gristmill Ln, Scarborough, ME 04074 since 15 February 2019 and is currently estimated at $690,816, approximately $394 per square foot. This property was built in 2020. 37 Gristmill Ln is a home located in Cumberland County with nearby schools including Scarborough High School and Cornerstone Baptist Academy.

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