371 Mile Rd
Wells, ME 04090
1 bd 1 ba 458 sqft Built 1986 Lot 436 sqft condo
Most recent sale
$246,000
May 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2022 | Sold | $246,000 | Public Record |
| Apr 24, 2022 | Listed | $239,500 | MaineListings |
| Mar 17, 2016 | Sold | $145,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $96,480 | $143,960 | $240,440 | $1,553 |
| 2022 | $56,060 | $78,530 | $134,590 | $1,408 |
| 2021 | $55,250 | $78,530 | $133,780 | $1,407 |
| 2020 | $55,250 | $78,530 | $133,780 | $1,402 |
| 2019 | $55,250 | $78,530 | $133,780 | $1,394 |
| 2018 | $55,250 | $78,530 | $133,780 | $1,381 |
| 2017 | $55,250 | $78,530 | $133,780 | $1,359 |
| 2016 | $55,250 | $78,530 | $133,780 | $1,346 |
| 2015 | $55,250 | $78,530 | $133,780 | $1,331 |
| 2014 | $55,250 | $78,530 | $133,780 | $1,271 |
| 2012 | $61,360 | $54,700 | $116,060 | $501 |
Property facts
Year built
1986
Property type
condo
Stories
2
Beds
1
Baths
1
Living area
458 sqft
Lot size
436 sqft
ZIP code
04090
City
Wells
Street
Mile Rd
Coordinates
43.30285, -70.56807
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,476
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 371 Mile Rd last sell?
371 Mile Rd most recently sold on May 24, 2022 for $246,000.
What is the current tax assessment for 371 Mile Rd?
The most recent total assessment for 371 Mile Rd (year 2025) is $240,440 with $1,553 in property tax.
How does 371 Mile Rd's assessment compare to its last sale price?
The current assessment is 2.3% below the last sale price of $246,000.
When was 371 Mile Rd built?
371 Mile Rd was built in 1986.
How does 371 Mile Rd compare to others on Mile Rd?
We track 8 other properties on Mile Rd. Browse the list under "Other properties on Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 371 Mile Rd?
371 Mile Rd is a 1 bed, 1 bath, 458 sqft, 436 sqft lot condo.
Is 371 Mile Rd a flip candidate?
No — 371 Mile Rd does not appear in our flips dataset.
Is 371 Mile Rd a tax-appeal candidate?
No — 371 Mile Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q1
$493.4K
2026 Q2
$499.3K
ZIP 04090 — Median Price History + Forecast
Explore nearby
Other properties on Mile Rd