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650 Somerset St

Rumford, ME 04276

2 bd 1 ba 1,293 sqft Built 1957 Lot 11,326 sqft multi_family
Most recent sale
$190,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $190,000 Public Record
Sep 22, 2020 Sold $154,062 Public Record
Sep 11, 2008 Sold $80,760 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $130,400 $21,400 $151,800 $2,843
2023 $93,100 $15,300 $108,400 $2,404
2022 $93,100 $15,300 $108,400 $2,404
2021 $93,100 $15,300 $108,400 $2,434
2020 $93,100 $15,300 $108,400 $2,450
2019 $70,850 $9,910 $80,760 $2,463
2018 $70,850 $9,910 $80,760 $2,403
2017 $70,850 $9,910 $80,760 $2,330
2016 $70,850 $9,910 $80,760 $2,261
2015 $70,850 $9,910 $80,760 $2,217
2014 $70,850 $9,910 $80,760 $2,176
2012 $70,850 $9,910 $80,760 $1,958
2010 $70,850 $9,910 $80,760 $1,817
2009 $70,850 $9,910 $80,760 $1,938
2008 $70,850 $9,910 $80,760 $1,382

Property facts

Year built
1957
Property type
multi_family
Stories
Beds
2
Baths
1
Living area
1,293 sqft
Lot size
11,326 sqft
ZIP code
04276
City
Rumford
Street
Somerset St
Coordinates
44.55691, -70.55351

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,940
Gross rental yield
12.25%
Implied cap rate
7.96%
Trend-extrapolated value

Frequently asked questions

When did 650 Somerset St last sell?
650 Somerset St most recently sold on Jul 28, 2022 for $190,000.
What is the current tax assessment for 650 Somerset St?
The most recent total assessment for 650 Somerset St (year 2025) is $151,800 with $2,843 in property tax.
How does 650 Somerset St's assessment compare to its last sale price?
The current assessment is 20.1% below the last sale price of $190,000.
When was 650 Somerset St built?
650 Somerset St was built in 1957.
How does 650 Somerset St compare to others on Somerset St?
We track 8 other properties on Somerset St. Browse the list under "Other properties on Somerset St" to compare beds, baths, and sale history.
What are the property facts for 650 Somerset St?
650 Somerset St is a 2 bed, 1 bath, 1,293 sqft, 11,326 sqft lot multi_family.
Is 650 Somerset St a flip candidate?
Yes — 650 Somerset St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 650 Somerset St a tax-appeal candidate?
No — 650 Somerset St 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
+7.6%
Implied 1-yr
+30.2%
2026 Q1
$361.3K
2026 Q2
$379.6K
ZIP 04276 — Median Price History + Forecast

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