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371 Mile Rd

Wells, ME 04090

1 bd 1 ba 458 sqft Built 1986 Lot 436 sqft condo
Most recent sale
$229,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $229,000 Public Record
May 23, 2022 Listed $229,000 MaineListings
Apr 11, 2017 Sold $149,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $96,480 $127,960 $224,440 $1,450
2022 $56,060 $69,810 $125,870 $1,317
2021 $55,250 $69,810 $125,060 $1,316
2020 $55,250 $69,810 $125,060 $1,311
2019 $55,250 $69,810 $125,060 $1,303
2018 $55,250 $69,810 $125,060 $1,291
2017 $55,250 $69,810 $125,060 $1,271
2016 $55,250 $69,810 $125,060 $1,258
2015 $55,250 $69,810 $125,060 $1,244
2014 $55,250 $69,810 $125,060 $1,188
2012 $61,360 $54,700 $116,060 $501
2007 $61,360 $54,700 $116,060 $923

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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$687
Gross rental yield
3.60%
Implied cap rate
2.34%
Trend-extrapolated value

Frequently asked questions

When did 371 Mile Rd last sell?
371 Mile Rd most recently sold on Jun 13, 2022 for $229,000.
What is the current tax assessment for 371 Mile Rd?
The most recent total assessment for 371 Mile Rd (year 2025) is $224,440 with $1,450 in property tax.
How does 371 Mile Rd's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $229,000.
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 valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q1
$493.4K
2026 Q2
$499.3K
ZIP 04090 — Median Price History + Forecast

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