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71 Somerset St; Wells, ME Property Details

71 Somerset St, Wells, ME is a Single Family that was built in 2013. This property is currently Financed and is not for sale. Our records show that 71 Somerset St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,800 square feet. The lot size of 71 Somerset St is 36,590 square feet.

Off market
71 Somerset St Wells, ME 04090
$650,000 Listing Price
3 Beds
2.5 Baths
1,800 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2013
  • Purchase Price: $650,000
  • Est. Equity / %: $654,000 / 100%
  • Gross Yield: 5.207%
  • APN: WLLS M:040 L:7-8
  • Situs County: York
  • Length Of Ownership: 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,800/SqFt
  • Lot: 36,590/SqFt
  • Gross: 3,069/SqFt
  • Living: 1,800/SqFt
  • Basement: 900/SqFt
  • Building: 1,800/SqFt
  • Ground: 900/SqFt
  • Basement Unfinished: 900/SqFt
  • Price Per Square Foot: $361.11
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wells-Ogunquit Community School District
  • Lat / Lon: 43.32041 / -70.65401
  • Subdivision: Somerset Vly Sub
  • Property Class: Residential
  • Zoning: R
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6843
  • Heating: Hot Water

Ownership Info

71 Somerset St has no associated ownership info
71 Somerset St has no associated ownership info.

Taxes

71 Somerset St has 9 associated Taxes items

71 Somerset St, Wells, ME pays taxes in York County, ME. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $455,620. The APN we've located for 71 Somerset St is WLLS M:040 L:7-8.

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Taxes
  • Assessed Value:  $455,620
  • Assessed Year:  2025
  • Assessed County:  York
  • APN:  WLLS M:040 L:7-8
  • Assessed Land Value:  118490
  • Tax Amount:  2943
  • Tax Year:  2025
  • Market Value:  427975
  • Market Year:  2023

Tax History

71 Somerset St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $455,620 Land Value $118,490 Improvement Value $337,130 Tax Amount $2,943 Change Rate +0.062455% Assessed CR Tax Rate +0.006459%
Year 2024 Assessed Value $455,620 Land Value $118,490 Improvement Value $337,130 Tax Amount $2,770 Change Rate -0.005386% Assessed CR Tax Rate +0.00608%
Year 2023 Assessed Value $467,240 Land Value $130,110 Improvement Value $337,130 Tax Amount $2,785 Change Rate +0.087041% Assessed CR Tax Rate +0.005961%
Year 2022 Assessed Value $244,900 Land Value $59,240 Improvement Value $185,660 Tax Amount $2,562 Change Rate -0.005435% Assessed CR Tax Rate +0.010461%
Year 2021 Assessed Value $244,900 Land Value $53,960 Improvement Value $190,940 Tax Amount $2,576 Change Rate +0.003506% Assessed CR Tax Rate +0.010519%
Year 2020 Assessed Value $244,900 Land Value $59,240 Improvement Value $185,660 Tax Amount $2,567 Change Rate +0.005933% Assessed CR Tax Rate +0.010482%
Year 2019 Assessed Value $244,900 Land Value $59,240 Improvement Value $185,660 Tax Amount $2,551.86 Change Rate +0.080495% Assessed CR Tax Rate +0.01042%
Year 2018 Assessed Value $242,580 Land Value $59,240 Improvement Value $183,340 Tax Amount $2,361.75 Change Rate -0.041886% Assessed CR Tax Rate +0.009736%
Year 2017 Assessed Value $242,580 Land Value $59,240 Improvement Value $183,340 Tax Amount $2,465 Change Rate +0.014821% Assessed CR Tax Rate +0.010162%
Year 2016 Assessed Value $241,460 Land Value $59,240 Improvement Value $182,220 Tax Amount $2,429 Change Rate +0.01082% Assessed CR Tax Rate +0.01006%
Year 2015 Assessed Value $241,460 Land Value $59,240 Improvement Value $182,220 Tax Amount $2,403 Change Rate +3.45% Assessed CR Tax Rate +0.009952%
Year 2013 Assessed Value $59,240 Land Value $59,240 Improvement Value Tax Amount $540 Change Rate Assessed CR Tax Rate +0.009115%