$400,000
SOLD MAR 19, 2025

537 Us Route 1 Scarborough, ME 04074

3 Beds
1 Bath
1,323 Sq Ft
1.03 Acres

Recently Sold

$302 Per Sq Ft

10% Above List Price

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 1.03 Acre Lot
  • Scarborough High School Rated A-
  • River Front
  • Ranch Style House

About This Home

As of March 2025

Wake up to breathtaking views of the Scarborough Marsh in this sun-filled 3-bedroom ranch, where modern updates meet everyday convenience. Offering the ease of single-level living, this home is ideally located just minutes from shopping, dining, and Scarborough's beautiful beaches—and less than 20 minutes to Portland—providing easy access to everything you need. Please note that the septic design is for 2 bedrooms.

Step inside to find a newly remodeled kitchen with current finishes, perfect for both everyday living and entertaining. The bright sunroom is an inviting space to relax, while a dedicated office provides the ideal setup for working from home. The primary bedroom features a walk-in closet, adding extra space and convenience.

Outside, the 1-car garage, shed, and spacious yard offer plenty of room for organization and outdoor enjoyment.

Investors take note as well! Just ten minutes from Pine Point Beach, this property has the potential to provide rental income either weekly or monthly.

Whether you're taking in the marsh views, working from home, heading out for a beach day, or looking to earn passive income, this Scarborough home is ready to welcome you.

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 02/06/2025

Keller Williams Realty

Co-Listed By

Kathy Harvey-Brown

Keller Williams Realty Brokerage Email: scottandsunny@kw.com

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 1966

Lot Details

  • 1.03 Acre Lot
  • River Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RF

Parking

  • 1 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,323 Sq Ft Home
  • Living Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number SCAR-000036U-000000-000001

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,181

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • Water Body Name: Scarborough Marsh
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Haigis Parkway to U.S. Route 1. Home is on the right after Anjon's Restaurant.
  • Above Grade Finished Sq Ft: 1323.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1966
  • Attribution Contact: scottandsunny@kw.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 275.89
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1323.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Location:Abuts Conservation: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Wake up to breathtaking views of the Scarborough Marsh in this sun-filled 3-bedroom ranch, where modern updates meet everyday convenience. Offering the ease of single-level living, this home is ideally located just minutes from shopping, dining, and Scarborough's beautiful beaches—and less than 20 minutes to Portland—providing easy access to everything you need. Step inside to find a newly remodeled kitchen with current finishes, perfect for both everyday living and entertaining. The bright sunroom is an inviting space to relax, while a dedicated office provides the ideal setup for working from home. The primary bedroom features a walk-in closet, adding extra space and convenience. Outside, the 1-car garage, shed, and spacious yard offer plenty of room for organization and outdoor enjoyment. Investors take note as well! Just ten minutes from Pine Point Beach, this property has the potential to provide rental income either weekly or monthly. Whether you're taking in the marsh views, working from home, heading out for a beach day, or looking to earn passive income, this Scarborough home is ready to welcome you.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Sump Pump, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, One-Floor Living, Other, Storage
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Public Beach, Near Turnpike/Interstate, Near Town
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44866.8
  • Parcel #: SCAR-000036U-000000-000001
  • Zoning: RF

Tax Info

  • Tax Annual Amount: 4181.0
  • Tax Lot: 001
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 19, 2025
Sold by
Smith Hannah D and Smith Zachary
Bought by
Krasowski Michael A and Penrod Erika M
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$365,000
Sold Price
$400,000
Premium/Discount to List
$35,000
9.59%
Views
184
Current Estimated Value
$435,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,624
Avg. Annual Appreciation
12.96%
Original Mortgage
$392,755
Outstanding Balance
$389,643
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$45,981

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 16, 2021
Sold by
Stewart James D and Searle-Stewart Elsa
Bought by
Smith Hannah D and Smith Zachary
Seller's Agent
Elizabeth Marks
The Real Estate Store
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$325,000
Sold Price
$322,000
Premium/Discount to List
-$3,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$325,252
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2015
Sold by
Wagner Deborah J
Bought by
Anderson Ian and Haskell Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,560
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2008
Sold by
Hsbc Bank Usa
Bought by
Spf Home Improvements Llc

Purchase Details

Closed on
Oct 17, 2007
Sold by
Morin Roger C
Bought by
Hsbc Bank Usa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Available
Warranty Deed $400,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,755 FHA
Closed $392,755 FHA
Previous Owner $325,252 Purchase Money Mortgage
Previous Owner $158,560 Commercial
Previous Owner $123,239 FHA
Previous Owner $94,600 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $400,000 +9.6% $302 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $365,000 +13.4% $276 / Sq Ft
06/16/2021 06/16/21 Sold $322,000 -0.9% $243 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $325,000 +72.0% $246 / Sq Ft
01/03/2019 01/03/19 Sold $189,000 0.0% $217 / Sq Ft View Prior Sale
11/08/2018 11/08/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $189,000 -- $217 / 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 $4,288 $378,500 $147,500 $231,000
2024 $4,181 $382,500 $147,500 $235,000
2023 $3,994 $250,100 $97,100 $153,000
2022 $3,849 $250,100 $97,100 $153,000
2021 $3,757 $250,100 $97,100 $153,000
2020 $3,125 $210,300 $97,100 $113,200
2019 $2,850 $193,900 $103,700 $90,200
2017 $2,502 $151,700 $100,100 $51,600
2016 $2,415 $151,700 $100,100 $51,600
2015 $2,350 $151,700 $100,100 $51,600
2014 $2,291 $151,700 $100,100 $51,600
2013 -- $151,700 $100,100 $51,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1613980

Maine Listings

APN: SCAR-000036U-000000-000001