NOT LISTED FOR SALE

49 Elmwood Ave Scarborough, ME 04074

Estimated Value: $801,883 - $909,000

4 Beds
2.5 Baths
3,226 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $455,000 $141 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,159/month

12 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Wood Flooring
  • Scarborough High School Rated A-
  • 1.45 Acre Lot
  • Main Floor Bedroom

About This Home

As of August 2020

Rare opportunity to own a 2 unit that is located in Scarborough's most convenient locations! One side is a very spacious updated home w/ 4 bed/1.5 bath w/ buderas boiler and the other side is a large 2 bed/1 bath unit that the owners have had lots of success w/ air BnB. This property boast a huge back yard giving you plenty of green space! It also has updated electric and plumbing. Don't miss the opportunity to own a fabulous Scarborough property!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 05/20/2020

Last Buyer's Agent

Richard Simonds

Allied Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1780

Lot Details

  • 1.45 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,226 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number SCAR-000057R-000000-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,686

Year Built

Built in 1780

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.45
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 3226.0
  • Architectural Style: Duplex, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1780
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.45
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3226.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Duplex: Yes
  • Location:Near Country Club: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Tile
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 63162.0
  • Parcel #: SCAR-000057R-000000-000001
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3686.0
  • Tax Block: 00
  • Tax Book Number: 27632
  • Tax Lot: 001
  • Tax Map Number: R057
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 7, 2020
Sold by
Onorato Julie A and Onorato William J
Bought by
Simonds Steven D
Seller's Agent
Thomas Gadbois
F.O. Bailey Real Estate
Buyer's Agent
Richard Simonds
Allied Real Estate
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
$848,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,471
Avg. Annual Appreciation
11.70%
Original Mortgage
$395,850
Outstanding Balance
$357,975
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$439,430

Purchase Details

Closed on
Mar 8, 2010
Sold by
Sampson Ann L and Leighton Dale O
Bought by
Onorato William J and Onorato Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Commercial
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
Simonds Steven D -- None Available
Onorato William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonds Steven D $395,850
Previous Owner Onorato William J $280,000
Previous Owner Onorato William J $202,250
Previous Owner Onorato William J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $455,000 -8.1% $141 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $495,000 -- $153 / 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 $6,544 $598,700 $166,100 $432,600
2023 $6,552 $410,300 $118,400 $291,900
2022 $6,315 $410,300 $118,400 $291,900
2021 $6,163 $410,300 $118,400 $291,900
2020 $4,685 $388,600 $118,400 $270,200
2019 $5,712 $388,600 $118,400 $270,200
2017 $3,686 $223,500 $140,200 $83,300
2016 $3,558 $223,500 $140,200 $83,300
2015 $3,462 $223,500 $140,200 $83,300
2014 $3,224 $223,500 $140,200 $83,300
2013 -- $223,500 $140,200 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452900

Maine Listings

APN: SCAR-000057R-000000-000001