NOT LISTED FOR SALE

5 Classical Ln Scarborough, ME 04074

Estimated Value: $779,000 - $828,680

3 Beds
2.5 Baths
1,589 Sq Ft
$506/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $420,000 $264 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,937/month

184 Days on Market

Highlights

  • Public Beach
  • Newly Remodeled
  • Main Floor Bedroom
  • Scarborough High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2018

NEWLY BUILT COTTAGE STYLE HOME LOCATED IN SCARBOROUGH'S PREMIER EASTERN VILLAGE NEIGHBORHOOD. Abuts the Eastern Trail, Neighborhood Sidewalks, Beautiful Landscaped Yards, Walk to Local Restaurants & Shops. Short Drive to Beaches, Downtown Portland & Maine Mall. Features 3 Bedrooms, 2.5 Baths. Open Concept Living, Spectacular Kitchen, Gorgeous Center Island Breakfast Bar, 1st Floor Master Bedroom Suite w/ Custom Tiled Shower, Exquisite Mudroom, Granite, Hardwood, Tile, Central Air & Lawn Irrigation. MUST SEE!

Last Agent to Sell the Property

Clifford Santamore

Assist-2-Sell Home Team Advantage Listed on: 07/09/2017

Last Buyer's Agent

Nicholas Guerrette

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned TND Res

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,589 Sq Ft Home
  • Central Vacuum
  • Mud Room
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Bathtub
  • Shower Only
  • Separate Shower

Unfinished Basement

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

Parking

  • Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Water Heated On Demand

Community Details

  • Eastern Village Subdivision

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 5ClassicalLaneScarborough

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,242

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Eastern Village
  • Directions: Route 1 South, Left Onto Commerce Drive, Left onto Ballantyne Drive, Then Left onto Inspiration Drive, Then Right onto Classical Lane, #5 is on Corner Lot.
  • Above Grade Finished Sq Ft: 1589.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2016
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 264.32
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1589.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: 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:Forced Air: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: 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
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 55.0
  • Location Information:Fee Frequency Paid: Monthly
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Basement Entry:Doghouse: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Cottage: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Equipment:Central Vacuum: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Amenities:Irrigation System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal
  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Irrigation System
  • Waterfront: No
  • Construction Type: Concrete, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Garage Door Opener, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 5ClassicalLaneScarborough
  • Zoning: TND Res

Tax Info

  • Tax Annual Amount: 1242.0
  • Tax Lot: 121
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2017
Closed on
Feb 20, 2018
Sold by
Liberty Homes Inc
Bought by
Corcoran James G and Corcoran Amy M
Seller's Agent
Clifford Santamore
Assist-2-Sell Home Team Advantage
Buyer's Agent
Nicholas Guerrette
Keller Williams Realty
List Price
$454,900
Sold Price
$420,000
Premium/Discount to List
-$34,900
-7.67%
Current Estimated Value
$803,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,420
Avg. Annual Appreciation
8.69%
Original Mortgage
$336,000
Outstanding Balance
$282,956
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$520,464
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
Corcoran James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran James G $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $420,000 -7.7% $264 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
07/09/2017 07/09/17 For Sale $454,900 -- $286 / 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 $7,823 $690,500 $185,600 $504,900
2024 $7,448 $681,400 $185,600 $495,800
2023 $6,766 $423,700 $113,300 $310,400
2022 $6,521 $423,700 $113,300 $310,400
2021 $6,088 $405,300 $113,300 $292,000
2020 $5,858 $394,200 $113,300 $280,900
2019 $5,795 $394,200 $113,300 $280,900
2017 $5,572 $337,900 $92,200 $245,700
2016 $1,242 $78,000 $78,000 $0
2015 $1,208 $78,000 $78,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1309538

Maine Listings

APN: SCAR-000073R-000000-000121