NOT LISTED FOR SALE

83 Mussey Rd Scarborough, ME 04074

Estimated Value: $690,152 - $698,000

2 Acres
$347,038 Price per Acre
87,120 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $658,630 $351 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,349/month

439 Days on Market

Highlights

  • 2 Acre Lot
  • Wooded Lot
  • Property is near shops
  • Scarborough High School Rated A-
  • No HOA
  • Level Lot

About This Lot

As of June 2024

Level site open in the front and wooded in the rear. B-3 zoning allows a wide variety of uses.

Last Agent to Sell the Property

Roxane Cole

Roxane Cole Commercial Real Estate LLC Listed on: 06/19/2021

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,736

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned B-3

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near shops

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number SCAR-000055R-000000-000017

Property Details

Property Type

Land

Est. Annual Taxes

$3,736

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 2+/- Acre prime development site across from the entrance/exit of Scarborough Gallery; home of 19 major-brand stores & restaurants. 22,000 to 27,000 VPD within 1 mile, and as high as 75,700 within 3 miles. Natural gas, utilities. Unihabitable structure.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Parking:On Site2: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Mobile Homes Allowed: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Office Park, Retail Strip, Shopping Mall
  • Waterfront: No

Garage/Parking

  • Parking Features: 21+ Spaces, Gravel, On Site

Utilities

  • Electric: Other Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Scarborough Public Schools

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: SCAR-000055R-000000-000017
  • Zoning: B-3

Tax Info

  • Tax Annual Amount: 3736.0
  • Tax Lot: 017
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jun 6, 2024
Sold by
White Bradford C
Bought by
Scarborough Hotel Holdigs
Seller's Agent
Roxane Cole
Roxane Cole Commercial Real Estate LLC
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$679,000
Sold Price
$658,630
Premium/Discount to List
-$20,370
-3%
Views
9
Current Estimated Value
$694,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,446
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Marr Violet D
Bought by
White Bradford C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scarborough Hotel Holdigs $658,630 None Available
White Bradford C -- --
White Bradford C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Bradford C $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $658,630 -3.0% $351 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
06/19/2021 06/19/21 For Sale $679,000 -- $362 / 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 $77,837 $6,870,000 $982,800 $5,887,200
2024 $6,138 $561,600 $561,600 $0
2023 $4,015 $251,400 $110,300 $141,100
2022 $3,869 $251,400 $110,300 $141,100
2021 $3,776 $251,400 $110,300 $141,100
2020 $3,736 $251,400 $110,300 $141,100
2019 $3,696 $251,400 $110,300 $141,100
2017 $4,762 $288,800 $235,000 $53,800
2016 $4,598 $288,800 $235,000 $53,800
2015 $4,474 $288,800 $235,000 $53,800
2014 $4,361 $288,800 $235,000 $53,800
2013 -- $288,800 $235,000 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1497041

Maine Listings

APN: SCAR-000055R-000000-000017