1 Somerset
Freeport, ME 04032
2 bd 1 ba 936 sqft Built 1989 condo
Most recent sale
$247,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2024 | Sold | $271,875 | Public Record |
| May 15, 2024 | Listed | $265,000 | MaineListings |
| Sep 19, 2022 | Sold | $247,000 | Public Record |
| Jul 5, 2022 | Listed | $259,000 | MaineListings |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $137,300 | $80,000 | $217,300 | $3,010 |
| 2023 | $119,000 | $80,000 | $199,000 | $2,736 |
| 2022 | $91,600 | $70,000 | $161,600 | $2,206 |
| 2021 | $91,600 | $65,000 | $156,600 | $2,091 |
| 2020 | $81,800 | $65,000 | $146,800 | $2,055 |
| 2019 | $76,800 | $60,300 | $137,100 | $1,961 |
| 2018 | $71,000 | $60,300 | $131,300 | $1,976 |
| 2017 | $67,600 | $60,300 | $127,900 | $1,912 |
| 2016 | $62,600 | $56,400 | $119,000 | $1,880 |
| 2015 | $59,300 | $53,600 | $112,900 | $1,897 |
| 2014 | $59,300 | $53,600 | $112,900 | $1,784 |
Property facts
Year built
1989
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
936 sqft
Lot size
—
ZIP code
04032
City
Freeport
Street
Somerset
Coordinates
43.85366, -70.10921
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,404
Gross rental yield
6.82%
Implied cap rate
4.43%
Trend-extrapolated value
—
Frequently asked questions
When did 1 Somerset last sell?
1 Somerset most recently sold on Sep 19, 2022 for $247,000.
What is the current tax assessment for 1 Somerset?
The most recent total assessment for 1 Somerset (year 2025) is $217,300 with $3,010 in property tax.
How does 1 Somerset's assessment compare to its last sale price?
The current assessment is 12.0% below the last sale price of $247,000.
When was 1 Somerset built?
1 Somerset was built in 1989.
How does 1 Somerset compare to others on Somerset?
We track 8 other properties on Somerset. Browse the list under "Other properties on Somerset" to compare beds, baths, and sale history.
What are the property facts for 1 Somerset?
1 Somerset is a 2 bed, 1 bath, 936 sqft condo.
Is 1 Somerset a flip candidate?
No — 1 Somerset does not appear in our flips dataset.
Is 1 Somerset a tax-appeal candidate?
No — 1 Somerset is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.6%
2026 Q2
$538.2K
2026 Q3
$534.6K
ZIP 04032 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset