NOT LISTED FOR SALE

48 Pacer Way Unit 59 Scarborough, ME 04074

Estimated Value: $753,000 - $923,000

3 Beds
2.5 Baths
2,190 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $701,342 $320 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,079/month

1 Day on Market

Highlights

  • New Construction
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Scarborough High School Rated A-
  • Bonus Room
  • Bathtub

About This Home

As of June 2023

The 'Down's Place' welcoming porch to the carefully designed open-concept floor plan - this bright and airy home is just waiting for family and friends to visit. The gorgeous kitchen is the heart of this home connecting the living and dining room for a fluid space perfect for relaxing or hosting a gathering. It features a large center island, ample counter and cabinet space - everything you could want or need. Upstairs, the large sun-filled bedrooms beckon you to unwind with a good book or to work from home. A full basement for storage, potential
expansion over the attached 2 car garage make this home check all the boxes! The thoughtful layout makes this home perfect for any family, both in style and comfort. Schedule a consultation today to learn more. The Downs, Scarborough will be Maine's most exciting place to Live, Work, and Play. It represents the revival of an iconic destination where residential and commercial elements support each other and retail and recreation knit the planned community together, setting a new standard for a modern lifestyle. This 524-acre mixed-use community is located in the heart of Scarborough and has an enviable array of living options set in natural surroundings, including a future vibrant Town Center and a truly integrated Innovation District.

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 03/21/2023

Last Buyer's Agent

Callan Cassidy

Waypoint Brokers Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Property is zoned 22

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,190 Sq Ft Home
  • Living Room
  • Dining Room
  • Bonus Room
  • Vinyl Flooring
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub
  • Shower Only

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number SCAR-000055U-000000-000059

Community Details

Overview

  • Frontrunner Park Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Frontrunner Park
  • Above Grade Finished Sq Ft: 2190.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2023
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 319.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2190.0
  • Property Information:Garage: Yes
  • Site:Level: 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:Microwave: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 155.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Appliances Included:Gas Range: Yes
  • Roof:Fiberglass: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: The 'Down's Place' welcoming porch to the carefully designed open-concept floor plan - this bright and airy home is just waiting for family and friends to visit. The gorgeous kitchen is the heart of this home connecting the living and dining room for a fluid space perfect for relaxing or hosting a gathering. It features a large center island, ample counter and cabinet space - everything you could want or need. Upstairs, the large sun-filled bedrooms beckon you to unwind with a good book or to work from home. A full basement for storage, potential expansion over the attached 2 car garage make this home check all the boxes! The thoughtful layout makes this home perfect for any family, both in style and comfort. Schedule a consultation today to learn more. The Downs, Scarborough will be Maine's most exciting place to Live, Work, and Play. It represents the revival of an iconic destination where residential and commercial elements support each other and retail and recreation knit the planned community together, setting a new standard for a modern lifestyle. This 524-acre mixed-use community is located in the heart of Scarborough and has an enviable array of living options set in natural surroundings, including a future vibrant Town Center and a truly integrated Innovation District.
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: SCAR-000055U-000000-000059
  • Zoning: 22

Tax Info

  • Tax Annual Amount: 1699.0
  • Tax Lot: 59
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jun 28, 2023
Sold by
Risbara Bros Const Co Inc
Bought by
Bitan Eliav I and Mehlsak Alison B
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Callan Cassidy
Waypoint Brokers Collective
List Price
$699,999
Sold Price
$701,343
Premium/Discount to List
$1,344
0.19%
Current Estimated Value
$813,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,469
Avg. Annual Appreciation
6.37%
Original Mortgage
$664,999
Outstanding Balance
$646,508
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,304
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bitan Eliav I $701,343 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitan Eliav I $664,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $701,343 +0.2% $320 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $699,999 -- $320 / 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
2025 $7,666 $676,600 $129,100 $547,500
2024 $7,395 $676,600 $129,100 $547,500
2023 $6,559 $410,700 $110,400 $300,300
2022 $1,699 $110,400 $110,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1554319

Maine Listings

APN: SCAR M:U055 L:059