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25 Ledge Ln

Wells, ME 04090

5 bd 5 ba 3,695 sqft Built 1920 Lot 3,750 sqft multi_family
Most recent sale
$1,542,750
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $1,542,750 Public Record
Jan 26, 2022 Listed $1,899,000 MaineListings
Sep 5, 2021 Price changed $2,399,000 MaineListings
Jul 29, 2021 Listed $2,499,000 MaineListings
Jul 27, 2021 Listed $2,499,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $729,370 $794,660 $1,524,030 $9,845
2022 $380,260 $358,240 $738,500 $7,725
2021 $311,200 $358,240 $669,440 $7,043
2020 $308,110 $358,240 $666,350 $6,983
2019 $308,110 $358,240 $666,350 $6,943
2018 $308,110 $358,240 $666,350 $6,877
2017 $308,110 $358,240 $666,350 $6,770
2016 $308,110 $358,240 $666,350 $6,703
2015 $308,110 $358,240 $666,350 $6,630
2014 $210,730 $358,240 $568,970 $5,405
2012 $166,240 $483,230 $649,470 $2,802
2007 $162,440 $483,230 $645,670 $5,133

Property facts

Year built
1920
Property type
multi_family
Stories
3
Beds
5
Baths
5
Living area
3,695 sqft
Lot size
3,750 sqft
ZIP code
04090
City
Wells
Street
Ledge Ln
Coordinates
43.30204, -70.56749

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,543
Gross rental yield
4.31%
Implied cap rate
2.80%
Trend-extrapolated value

Frequently asked questions

When did 25 Ledge Ln last sell?
25 Ledge Ln most recently sold on May 11, 2022 for $1,542,750.
What is the current tax assessment for 25 Ledge Ln?
The most recent total assessment for 25 Ledge Ln (year 2025) is $1,524,030 with $9,845 in property tax.
How does 25 Ledge Ln's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $1,542,750.
When was 25 Ledge Ln built?
25 Ledge Ln was built in 1920.
How does 25 Ledge Ln compare to others on Ledge Ln?
We track 1 other property on Ledge Ln. Browse the list under "Other properties on Ledge Ln" to compare beds, baths, and sale history.
What are the property facts for 25 Ledge Ln?
25 Ledge Ln is a 5 bed, 5 bath, 3,695 sqft, 3,750 sqft lot multi_family.
Is 25 Ledge Ln a flip candidate?
No — 25 Ledge Ln does not appear in our flips dataset.
Is 25 Ledge Ln a tax-appeal candidate?
No — 25 Ledge Ln 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
+1.3%
Implied 1-yr
+5.2%
2026 Q1
$493.4K
2026 Q2
$499.3K
ZIP 04090 — Median Price History + Forecast

Explore nearby

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