NOT LISTED FOR SALE

5 Essential Way Scarborough, ME 04074

Estimated Value: $743,446 - $882,000

4 Beds
2.5 Baths
2,764 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $368,000 $133 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,796/month

164 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • No HOA
  • Scarborough High School Rated A-
  • Wood Flooring
  • 2 Car Direct Access Garage

About This Home

As of February 2015

Well cared for home in the heart of Scarborough located close to shopping, major highways, beaches, and Portland. Move in condition with fully appliance kitchen, 3/4 bedrooms, hardwood floors, finished basement, two decks, hot tub & more.

Last Agent to Sell the Property

Bruce Bornstein

Benchmark Real Estate Listed on: 07/30/2014

Last Buyer's Agent

Lisa DiBiase

Landing Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,211

Year Built

  • Built in 2006

Lot Details

  • 0.81 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Living Room
  • Fire Sprinkler System

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Direct Access Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Spa
  • Porch

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Generator Hookup
  • Private Water Source
  • Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Gas & Wood heaters in Garage
  • Tax Lot 15B
  • Assessor Parcel Number 5Essential WayScarboro64915B

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,211

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Directions: Off Route 114 (Gorham Road) between Oak Hill and Eight Corners
  • Above Grade Finished Sq Ft: 2464.0
  • Architectural Style: Colonial
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 133.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.81
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2464.0
  • Property Information:SqFt Finished Below Grade: 300.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Water Heater:Tank: Yes
  • Electric:Generator Hookup: Yes
  • Site:Cul-De-Sac: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Misc Amenities Sprinkler: Yes
  • Amenities:Hot Tub: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Finished, Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 300.0
  • Interior Amenities: Walk-in Closets, Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Suburban
  • Waterfront: No
  • Exclusions: Gas & Wood heaters in Garage
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Common, Garage Door Opener, Inside Entrance

Utilities

  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35283.6
  • Parcel #: 5Essential WayScarboro64915B
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 5211.0
  • Tax Lot: 15B
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Peck Joshua B and Peck Jessica L
Bought by
Allen Stuart W and Thornton Elizabeth A
Current Estimated Value
$803,362

Purchase Details

Listed on
Jul 30, 2014
Closed on
Mar 2, 2015
Sold by
Solak 3Rd Matthew J
Bought by
Peck Joshua B and Peck Jessica L
Seller's Agent
Bruce Bornstein
Benchmark Real Estate
Buyer's Agent
Lisa DiBiase
Landing Real Estate
List Price
$379,500
Sold Price
$368,000
Premium/Discount to List
-$11,500
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$375,912
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2010
Sold by
Jipson Lynette M
Bought by
Solak 3Rd Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,681
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Stuart W -- --
Peck Joshua B -- --
Solak 3Rd Matthew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peck Joshua B $375,912
Previous Owner Solak 3Rd Matthew J $326,893
Previous Owner Solak 3Rd Matthew J $320,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $368,000 -3.0% $133 / Sq Ft
01/11/2015 01/11/15 Pending -- -- --
07/30/2014 07/30/14 For Sale $379,500 -- $137 / 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 $6,786 $598,900 $148,700 $450,200
2024 $6,546 $598,900 $148,700 $450,200
2023 $6,335 $396,700 $105,800 $290,900
2022 $6,105 $396,700 $105,800 $290,900
2021 $5,958 $396,700 $105,800 $290,900
2020 $5,895 $396,700 $105,800 $290,900
2019 $5,831 $396,700 $105,800 $290,900
2017 $5,691 $345,100 $125,500 $219,600
2016 $5,494 $345,100 $125,500 $219,600
2015 $5,346 $345,100 $125,500 $219,600
2014 $5,211 $345,100 $125,500 $219,600
2013 -- $345,100 $125,500 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1147842

Maine Listings

APN: SCAR-000049U-000000-000015B