Sold Dec 05, 2017
$400,000
Buyer
$314,600
by Guaranteed Rate Inc
Mortgage Due Sep 01, 2035
Sold Jul 29, 2011
$271,800
$268,155
by Merrimack Mtg Co
Mortgage
Local assessors in Cape Elizabeth, ME have categorized 584 Shore Road as a residential type of property.
The property's lot size has been calculated to be 8,276 square feet.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Jan 1, 1970 for $400,000. Prior to that sales transaction, the property was also sold in Jul 29, 2011 for $271,800. 584 Shore Road was last assessed in 2022. The total value of the property was assessed at $274,900. Specifically, the land the property is located on was valued at $181,600. While improvements on the property were assessed at a total of $93,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,814. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Jan 1, 1970 for $400,000. Prior to that sales transaction, the property was also sold in Jul 29, 2011 for $271,800. 584 Shore Road was last assessed in 2022. The total value of the property was assessed at $274,900. Specifically, the land the property is located on was valued at $181,600. While improvements on the property were assessed at a total of $93,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,814. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
584 Shore Road, Cape Elizabeth, ME 04107
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