NOT LISTED FOR SALE

72 Atrium Way Unit 72 Scarborough, ME 04074

Estimated Value: $417,000 - $461,000

2 Beds
1 Bath
1,080 Sq Ft
$285/mo HOA Fee

Last Sold October 21, 2022

Last sale price $392,000 $363 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,882/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Ranch Style House
  • 1 Car Direct Access Garage
  • Scarborough High School Rated A-
  • Cathedral Ceiling
  • Eat-In Kitchen

About This Home

As of October 2022

CORNERSTONE ESTATES - The best just got better. Unit 72 has been in good hands with its freshly painted interior and the newly improved exterior completed by the homeowners association. With a mix of tiled and carpet flooring, this unit is pleasant to look at inside and out... and trouble free.
On the front of the house is the kitchen, which lends itself nicely to a small table for coffee and the morning paper. There is ample room between the living room and kitchen for a dining table for more formal meals and holiday gatherings. The living room has a tray ceiling with sliders leading to the back deck which receives direct morning sun and a splash of natural light. An appealing primary bedroom sits on the backside of the unit with a walk-in closet. Near the front of the house is a smaller bedroom that makes for a lovely home office or music room. A sun tunnel was recently added to the full bath and laundry room, adding natural light. This combined bath/laundry sits between the two bedrooms. Rounding out the space is an attached one car garage, with a utilities closet and storage. This unit is move in ready and will provide simple and easy living for years to come, all while being located off of Route 1 with easy access to the Eastern Trail and the gorgeous and bountiful Scarborough beaches.
Call today!

Last Agent to Sell the Property

Kerry Hall

Cates Real Estate Brokerage Email: kerry@catesre.com Listed on: 08/04/2022

Co-Listed By

Aimee Ramirez

Cates Real Estate Brokerage Email: kerry@catesre.com

Last Buyer's Agent

Preston Robison

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 2000

Lot Details

  • 0.26

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Nearby Water Access
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Landscaped
  • Property is near a golf course

Community Details

  • 2 Units
  • Cornerstone Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 2072
  • Assessor Parcel Number SCAR-000040U-000000-002072

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,330

Year Built

Built in 2000

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2766
  • Co List Office Phone: 207-701-5600
  • MLS Status: Closed
  • Subdivision Name: Cornerstone Estates
  • Directions: From Route 1 in Scarborough, turn onto Commerce Drive. Turn right onto Southpointe Drive and then take another right onto Atrium Way. Unit 72.
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 2000
  • Attribution Contact: kerry@catesre.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1080.0
  • Property Information:Garage: 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
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 285.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 2
  • Gas:Natural - On Site: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Style:Ranch: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Water Info:Island3: No
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Condominium:Total Units4: 43
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Shopping, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Scarborough Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: SCAR-000040U-000000-002072
  • Zoning: R-4

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 43

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Book Number: 35272
  • Tax Lot: 2072
  • Tax Map Number: U040
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 20, 2022
Sold by
Gerity Ft
Bought by
Fava Lori E and Fava Mark
Seller's Agent
Kerry Hall
Cates Real Estate
Buyer's Agent
Preston Robison
Legacy Properties Sotheby's International Realty
List Price
$392,000
Sold Price
$392,000
Views
1
Current Estimated Value
$431,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,611
Avg. Annual Appreciation
3.29%
Original Mortgage
$294,000
Outstanding Balance
$282,617
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,994

Purchase Details

Closed on
Nov 7, 2018
Sold by
Gerity Marie S
Bought by
Gerity Ft

Purchase Details

Closed on
Dec 23, 2013
Sold by
Worthing Grant W
Bought by
Gerity Marie S
Source: Public Records

Range of Values:

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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
Fava Lori E -- None Available
Gerity Ft -- --
Gerity Marie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fava Lori E $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $392,000 0.0% $363 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $392,000 -- $363 / 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
2024 $3,709 $339,300 $70,000 $269,300
2023 $3,541 $221,700 $70,000 $151,700
2022 $3,412 $221,700 $70,000 $151,700
2021 $3,330 $221,700 $70,000 $151,700
2020 $2,834 $221,700 $70,000 $151,700
2019 $3,994 $271,700 $120,000 $151,700
2017 $2,772 $194,100 $90,500 $103,600
2016 $3,090 $194,100 $90,500 $103,600
2015 $3,007 $194,100 $90,500 $103,600
2014 $2,689 $194,100 $90,500 $103,600
2013 -- $194,100 $90,500 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1538909

Maine Listings

APN: SCAR-000040U-000000-002072