Seller's Agent in 2019
Scott Townsend
Keller Williams Realty
(207) 252-0720
502 Total Sales
68 Ocean Ave Scarborough, ME 04074
Estimated Value: $796,000 - $1,259,000
3
Beds
2
Baths
1,756
Sq Ft
$530/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Public Beach
- Main Floor Bedroom
- Scarborough High School Rated A-
- Wood Flooring
- Corner Lot
About This Home
As of January 2019Excellent opportunity to live the beach life every day! Located only 2 blocks from the silky sands of spectacular Higgins Beach, this is a great entry into a vibrant beach community. This spacious home is pleasantly surprising with its cozy spaces, double living areas & a fenced back yard for privacy and gardening. With an open & natural gathering area, 3 bedrooms and finished basement, there's plenty of room for everyone. Fully furnished with a strong rental history, this property is also an excellent turnkey investment opportunity. Separate back entry allows for flexible roommate situation or multi-generational vacationing. Enjoy frequent community social events, walking distance to both Higgins Beach Inn & market, easy access to Route 1, Oak Hill and Portland!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 08/30/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,173
Year Built
- Built in 1943
Lot Details
- 4,792 Sq Ft Lot
- Public Beach
- Landscaped
- Corner Lot
- Level Lot
- Property is zoned R4
Home Design
- Cottage
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Furnished
- Skylights
Kitchen
- Eat-In Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Partial Basement
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 011
- Assessor Parcel Number 68OceanAVEScarboroR100011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2018
Closed on
Jan 31, 2019
Sold by
Lavallee Ft
Bought by
Robie Michelle
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
Joseph Tomazin
Signature Homes Real Estate Group, LLC
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,686
Avg. Annual Appreciation
12.16%
Original Mortgage
$330,000
Outstanding Balance
$293,568
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$637,383
Purchase Details
Closed on
May 12, 2006
Sold by
Riechel James W and Burns Maureen A
Bought by
Lavallee Ft
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robie Michelle | -- | -- | |
| Lavallee Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robie Michelle | $330,000 | |
| Previous Owner | Lavallee Ft | $227,000 | |
| Previous Owner | Lavallee William A | $280,000 | |
| Previous Owner | Lavallee William A | $312,000 | |
| Previous Owner | Lavallee Ft | $312,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2019 01/31/19 | Sold | $440,000 | -11.1% | $251 / Sq Ft |
| 12/07/2018 12/07/18 | Pending | -- | -- | -- |
| 08/30/2018 08/30/18 | For Sale | $495,000 | -- | $282 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,380 | $675,200 | $447,000 | $228,200 |
| 2023 | $7,226 | $452,500 | $294,700 | $157,800 |
| 2022 | $6,964 | $452,500 | $294,700 | $157,800 |
| 2021 | $6,797 | $452,500 | $294,700 | $157,800 |
| 2020 | $6,724 | $452,500 | $294,700 | $157,800 |
| 2019 | $6,652 | $452,500 | $294,700 | $157,800 |
| 2017 | $5,173 | $313,700 | $238,800 | $74,900 |
| 2016 | $4,994 | $313,700 | $238,800 | $74,900 |
| 2015 | $4,859 | $313,700 | $238,800 | $74,900 |
| 2014 | $4,737 | $313,700 | $238,800 | $74,900 |
| 2013 | $4,633 | $313,700 | $238,800 | $74,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2019
Joseph Tomazin
Signature Homes Real Estate Group, LLC
(207) 885-0500
9 Total Sales
Map
Source: Maine Listings
MLS Number: 1367977
APN: SCAR-000100R-000000-000011
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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