NOT LISTED FOR SALE

47 Scottow Hill Rd Scarborough, ME 04074

Estimated Value: $2,044,405 - $2,294,000

1.96 Acres
$1,076,327 Price per Acre
85,378 Sq Ft Lot

Last Sold August 04, 2020

Last sale price $120,000

Est. 1,658% increase in value since last sale

Current estimated payment $12,610/month

26 Days on Market

Highlights

  • 1.96 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Scarborough High School Rated A-
  • No HOA

About This Lot

As of August 2020

Great home site in desirable Scottow Hill Neighborhood

Last Agent to Sell the Property

Matt and Gena Lamontagne

Signature Homes Real Estate Group, LLC Listed on: 05/20/2020

Last Buyer's Agent

Matthew Lamontagne Gena Lamontagne

Bean Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,040

Lot Details

  • 1.96 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RF

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47LOT1scottowhillroadscarborough04074

Property Details

Property Type

Land

Est. Annual Taxes

$18,040

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.96
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Haigis Parkway, left onto Scottow Hill Road, lot on right look for sign
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.96
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Advertising Remarks:Advertising Remarks: Great home site in desirable Scottow Hill Neighborhood
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Turnpike/Interstate, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 85377.6
  • Parcel #: 47LOT1scottowhillroadscarborough04074
  • Zoning: RF

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Libby Richard A and Libby Kirsten K
Bought by
Geven Richard and Stclaire Tamara
Current Estimated Value
$2,109,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$755,448
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,354,153

Purchase Details

Closed on
Nov 3, 2020
Sold by
Libby Construction Inc
Bought by
Libby Richard A and Libby Kirsten K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 4, 2020
Sold by
Mtr Development Llc
Bought by
Libby Construction Inc
Seller's Agent
Matt and Gena Lamontagne
Signature Homes Real Estate Group, LLC
Buyer's Agent
Matthew Lamontagne Gena Lamontagne
Bean Group
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.58%
Original Mortgage
$84,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2017
Sold by
Hughes Harry M
Bought by
Dunstan Common Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Geven Richard $1,950,000 None Available
Geven Richard $1,950,000 None Available
Geven Richard $1,950,000 None Available
Libby Richard A -- None Available
Libby Richard A -- None Available
Libby Richard A -- None Available
Libby Construction Inc -- None Available
Libby Construction Inc -- None Available
Libby Construction Inc -- None Available
Libby Construction Inc -- None Available
Libby Construction Inc -- None Available
Dunstan Common Llc -- --
Dunstan Common Llc -- --
Dunstan Common Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geven Richard $770,000
Closed Geven Richard $770,000
Previous Owner Libby Richard A $520,400
Previous Owner Libby Construction Inc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $120,000 -19.5% --
06/16/2020 06/16/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $149,000 -- --
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
2025 $18,040 $1,592,200 $170,200 $1,422,000
2024 $17,403 $1,592,200 $170,200 $1,422,000
2023 $14,400 $901,700 $121,800 $779,900
2022 $12,558 $816,000 $121,800 $694,200
2021 $5,675 $377,800 $121,800 $256,000
Source: Public Records

Agents Affiliated with this Home

  • Matt and Gena Lamontagne

    Seller's Agent in 2020

    Matt and Gena Lamontagne

    Signature Homes Real Estate Group, LLC

    (207) 749-0433

    3 in this area

    299 Total Sales

    Matt and Gena Lamontagne
    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Lamontagne Gena Lamontagne

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1453030

Maine Listings

APN: SCAR M:R050 L:032B

Maine Cumberland County Scarborough 04074

47 Scottow Hill Rd, Scarborough, ME

Not Listed for Sale

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