Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 26M+ properties All 50 states Methodology

556 Ridge Dr

Hermon, ME 04401

4 bd 3 ba 2,956 sqft Built 2014 Lot 45,302 sqft other
Most recent sale
$681,100
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $681,100 Public Record
Apr 29, 2022 Price changed $645,000 MaineListings
Apr 22, 2022 Listed $675,000 MaineListings
Jan 25, 2017 Sold $410,000 Public Record
May 16, 2014 Listing removed $32,500 MaineListings
Aug 1, 2013 Listed $32,500 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $512,600 $59,200 $571,800 $6,233
2023 $466,700 $55,100 $521,800 $6,131
2022 $395,700 $49,000 $444,700 $5,292
2021 $386,000 $47,500 $433,500 $5,198
2020 $379,100 $46,300 $425,400 $5,101
2019 $366,900 $45,200 $412,100 $4,941
2018 $366,900 $45,200 $412,100 $4,780
2017 $310,800 $54,300 $365,100 $4,454
2016 $299,300 $52,300 $351,600 $4,219
2015 $293,600 $50,300 $343,900 $4,127
2014 $40,250 $40,250 $483
2011 $40,300 $40,300 $462
2009 $38,600 $38,600 $425
2008 $38,600 $38,600 $425

Property facts

Year built
2014
Property type
other
Stories
2
Beds
4
Baths
3
Living area
2,956 sqft
Lot size
45,302 sqft
ZIP code
04401
City
Hermon
Street
Ridge Dr
Coordinates
44.78982, -68.91173

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,434
Gross rental yield
7.81%
Implied cap rate
5.08%
Trend-extrapolated value

Frequently asked questions

When did 556 Ridge Dr last sell?
556 Ridge Dr most recently sold on Jun 17, 2022 for $681,100.
What is the current tax assessment for 556 Ridge Dr?
The most recent total assessment for 556 Ridge Dr (year 2024) is $571,800 with $6,233 in property tax.
How does 556 Ridge Dr's assessment compare to its last sale price?
The current assessment is 16.0% below the last sale price of $681,100.
When was 556 Ridge Dr built?
556 Ridge Dr was built in 2014.
How does 556 Ridge Dr compare to others on Ridge Dr?
We track 4 other properties on Ridge Dr. Browse the list under "Other properties on Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 556 Ridge Dr?
556 Ridge Dr is a 4 bed, 3 bath, 2,956 sqft, 45,302 sqft lot other.
Is 556 Ridge Dr a flip candidate?
No — 556 Ridge Dr does not appear in our flips dataset.
Is 556 Ridge Dr a tax-appeal candidate?
No — 556 Ridge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$344.2K
2026 Q4
$347.2K
ZIP 04401 — Median Price History + Forecast

Explore nearby