NOT LISTED FOR SALE

47 King St Unit 6 Scarborough, ME 04074

Estimated Value: $1,236,000 - $1,654,090

2 Beds
3.5 Baths
1,791 Sq Ft
$843/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $800,000 $447 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,767/month

270 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Access to Tidal Water
  • Property is near public transit
  • Scarborough High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2015

Unique oceanfront offering at Pine Point! Savor panoramic views from the living areas, bedrooms and 2 decks of this pristinely maintained home at Gables by the Sea. Lower level with full bath for additional living/sleeping - all of this on 7 miles of white sandy beach. Turn key oceanfront living!

Last Agent to Sell the Property

Sandra Murray

Keller Williams Realty Listed on: 08/07/2014

Keller Williams Realty

Last Buyer's Agent

Sandra Murray

All Points

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,968

Year Built

  • Built in 1989

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Near Conservation Area
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Outdoor Features

  • Access to Tidal Water
  • Deck

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 7 Units
  • Gables On The Sea Subdivision

Listing and Financial Details

  • Tax Lot 976
  • Assessor Parcel Number 47King Street6ScarboroU022976

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,968

Year Built

Built in 1989

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Gables on the Sea
  • Directions: Pine Point Road to ocean, left on King Street to #47
  • Above Grade Finished Sq Ft: 1533.0
  • Architectural Style: Townhouse
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1533.0
  • Property Information:SqFt Finished Below Grade: 258.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 7
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Family Room:Family Room: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Location:Abuts Conservation: Yes
  • Washer/Dryer Other Location: Yes
  • Transportation:Public Transport Access: Yes
  • Appliances Included:Trash Compactor: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Trash Compactor, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
  • Has Basement: Daylight, Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 258.0
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Abuts Conservation, Near Golf Course, Near Shopping, Other, Near Public Transit
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gravel, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: 47King Street6ScarboroU022976
  • Zoning: R4A

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 12968.0
  • Tax Book Number: 9301
  • Tax Lot: 976
  • Tax Map Number: U022
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
May 27, 2015
Sold by
Apogee Rt
Bought by
Iovino Richard and Iovino Cynthia
Seller's Agent
Sandra Murray
Keller Williams Realty
Buyer's Agent
Sandra Murray
All Points
List Price
$879,000
Sold Price
$800,000
Premium/Discount to List
-$79,000
-8.99%
Current Estimated Value
$1,510,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,697
Avg. Annual Appreciation
6.50%
Original Mortgage
$500,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
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
Iovino Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Iovino Richard $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $800,000 -9.0% $447 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
08/07/2014 08/07/14 For Sale $879,000 -- $491 / 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 $14,993 $1,371,700 $950,000 $421,700
2023 $14,526 $909,600 $700,000 $209,600
2022 $13,999 $909,600 $700,000 $209,600
2021 $13,662 $909,600 $700,000 $209,600
2020 $13,517 $909,600 $700,000 $209,600
2019 $13,371 $909,600 $700,000 $209,600
2017 $14,162 $858,800 $712,800 $146,000
2016 $13,672 $858,800 $712,800 $146,000
2015 $13,303 $858,800 $712,800 $146,000
2014 $12,968 $858,800 $712,800 $146,000
2013 $12,684 $858,800 $712,800 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1149168

Maine Listings

APN: SCAR-000022U-000000-000976