NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,032,000

4 Beds
3 Baths
1,795 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $970,000 $540 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,353/month

17 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Main Floor Bedroom
  • Scarborough High School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of April 2024

Opportunity abounds with this exceptional multi unit property located just a block from Pine Point Beach! Turn of the century charm with modern conveniences make this an investment not to pass up! Owner occupied and well-cared for, this 3 unit has many possibilities with a flexible floor plan and 3 bedrooms in the main unit and 2 one bedroom units! Seven miles of beach, restaurants, kayaking, and a public boat launch are just minutes away. Don't let this pass you by!

Last Listed By

Kelly Statczar

Keller Williams Realty Listed on: 02/22/2024

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,928

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Cottage
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,795 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Storm Doors
  • ENERGY STAR Qualified Appliances
  • Attic

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number SCAR-000021U-000000-000005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,000
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,928

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Route 1 to Pine Point Road. Left onto East Grand Avenue. Right onto Pine Point Road.
  • Above Grade Finished Sq Ft: 1795.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Energy Star Appliances, Double Pane Windows, Dehumidifier, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1795.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 72000.0
  • Income Expenses Operating Expenses: 14000.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Style:Cottage: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Other, Partial, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Attic, Shower
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Landscaped, Near Public Beach
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Glass Enclosed, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Scarborough Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: SCAR-000021U-000000-000005
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 72000.0
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 7928.0
  • Tax Book Number: 30634
  • Tax Lot: 005
  • Tax Map Number: U021
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Landry Jake D
Bought by
Jl King Llc
Total Days on Market
17
Current Estimated Value
$994,288

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 12, 2024
Sold by
Larou Rosemary T
Bought by
Landry Jake D
Seller's Agent
Kelly Statczar
Keller Williams Realty
Buyer's Agent
Kelly Statczar
Keller Williams Realty
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$776,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2013
Sold by
Larou Rosemary T and Larou Peter D
Bought by
Larou Rosemary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Flannery Sherry L
Bought by
Larou Rosemary T and Larou Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Jl King Llc -- None Available
Jl King Llc -- None Available
Landry Jake D $970,000 None Available
Landry Jake D $970,000 None Available
Larou Rosemary T -- --
Larou Rosemary T -- --
Larou Rosemary T -- --
Larou Rosemary T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landry Jake D $776,000
Previous Owner Larou Rosemary T $284,000
Previous Owner Larou Rosemary T $292,000
Previous Owner Larcu Peter D $284,800
Previous Owner Larou Rosemary T $284,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $970,000 -2.5% $540 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $995,000 -- $554 / 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 $9,641 $882,100 $441,300 $440,800
2023 $7,928 $496,400 $296,800 $199,600
2022 $7,640 $496,400 $296,800 $199,600
2021 $7,080 $496,400 $296,800 $199,600
2020 $7,005 $496,400 $296,800 $199,600
2019 $7,297 $496,400 $296,800 $199,600
2017 $5,394 $347,100 $220,700 $126,400
2016 $5,526 $347,100 $220,700 $126,400
2015 $5,377 $347,100 $220,700 $126,400
2014 $5,090 $347,100 $220,700 $126,400
2013 -- $347,100 $220,700 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582694

Maine Listings

APN: SCAR-000021U-000000-000005