NOT LISTED FOR SALE

58 Ocean Ave Scarborough, ME 04074

Estimated Value: $1,866,000 - $1,956,193

0.35 Acre
$5,443,040 Price per Acre
15,246 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $300,000

Est. 535% increase in value since last sale

Current estimated payment $11,611/month

Highlights

  • Nearby Water Access
  • Public Beach
  • Open Lot
  • Scarborough High School Rated A-
  • No HOA

About This Lot

As of October 2015

Build your dream home and walk to Higgins Beach! This rare opportunity to get a large, 0.35 acre buildable lot will allow you to utilize the current foundation already in place or spec your custom home from the ground up.

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 09/14/2015

Keller Williams Realty

Last Buyer's Agent

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 09/14/2015

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,954

Lot Details

  • 0.35 Acre Lot
  • Public Beach
  • Open Lot
  • Property is zoned R4

Parking

  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number SCAR-000002U-000000-000180

Community Details

Overview

  • No Home Owners Association
  • Higgins Beach Subdivision

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,954

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Higgins Beach
  • Directions: Rt 77/Spurwink Rd to Ocean Ave/Higgins Beach
  • Attribution Contact: scottandsunny@kw.com
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Electric:No Electric: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Near Public Beach, Neighborhood, Suburban
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: No Electric
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: SCAR-000002U-000000-000180
  • Zoning: R4

Tax Info

  • Tax Annual Amount: 5954.0
  • Tax Book Number: 6838
  • Tax Lot: 180
  • Tax Map Number: U002
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 30, 2015
Sold by
Poore Frederick N
Bought by
Dutton Timothy E
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$1,905,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,064
Avg. Annual Appreciation
20.24%
Original Mortgage
$225,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dutton Timothy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dutton Timothy E $180,000
Closed Dutton Timothy E $855,000
Closed Dutton Timothy E $838,482
Closed Dutton Timothy E $840,000
Closed Dutton Timothy E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $300,000 0.0% --
09/14/2015 09/14/15 For Sale $300,000 -- --
09/08/2015 09/08/15 Pending -- -- --
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 $15,732 $1,439,300 $503,800 $935,500
2023 $16,218 $1,015,500 $397,800 $617,700
2022 $15,629 $1,015,500 $397,800 $617,700
2021 $15,253 $1,015,500 $397,800 $617,700
2020 $15,090 $1,015,500 $397,800 $617,700
2019 $14,737 $1,002,500 $397,800 $604,700
2017 $6,490 $393,600 $340,800 $52,800
2016 $6,266 $393,600 $340,800 $52,800
2015 $6,097 $393,600 $340,800 $52,800
2014 $5,954 $394,300 $340,800 $53,500
2013 $3,146 $213,000 $213,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Townsend

    Seller's Agent in 2015

    Scott Townsend

    Keller Williams Realty

    (207) 252-0720

    507 Total Sales

    Scott Townsend
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Map

Source: Maine Listings

MLS Number: 1237498

Maine Listings

APN: SCAR-000002U-000000-000180

Maine Cumberland County Scarborough 04074

58 Ocean Ave, Scarborough, ME

This home is located at 58 Ocean Ave, Scarborough, ME 04074 since 14 September 2015 and is currently estimated at $1,905,064. 58 Ocean Ave is a home located in Cumberland County with nearby schools including Scarborough High School.

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