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8 Folsom Ln; Wells, ME Property Details

8 Folsom Ln, Wells, ME is a Single Family that was built in 1925. This property is currently Financed,Intra-Family and is not for sale. Our records show that 8 Folsom Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,236 square feet. The lot size of 8 Folsom Ln is 4,356 square feet.

Off market
8 Folsom Ln Wells, ME 04090
$559,000 Listing Price
3 Beds
1.5 Baths
1,236 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $258,832
  • Est. Equity / %: $790,168 / 75.33%
  • Gross Yield: 6.296%
  • APN: WLLS M:122 L:168
  • Situs County: York
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,236/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,388/SqFt
  • Living: 1,236/SqFt
  • Building: 1,236/SqFt
  • Ground: 768/SqFt
  • Price Per Square Foot: $323.62
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wells-Ogunquit Community School District
  • Lat / Lon: 43.30043 / -70.5685
  • Subdivision: Wells Beach
  • Property Class: Residential
  • Zoning: RB
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4213
  • Fireplaces: 1
  • Heating: Baseboard

Ownership Info

8 Folsom Ln has no associated ownership info
8 Folsom Ln has no associated ownership info.

Taxes

8 Folsom Ln has 9 associated Taxes items

8 Folsom Ln, 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 $838,840. The APN we've located for 8 Folsom Ln is WLLS M:122 L:168.

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Taxes
  • Assessed Value:  $838,840
  • Assessed Year:  2025
  • Assessed County:  York
  • APN:  WLLS M:122 L:168
  • Assessed Land Value:  630830
  • Tax Amount:  5419
  • Tax Year:  2025
  • Market Value:  992085
  • Market Year:  2023

Tax History

8 Folsom Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $838,840 Land Value $630,830 Improvement Value $208,010 Tax Amount $5,419 Change Rate +0.062549% Assessed CR Tax Rate +0.00646%
Year 2024 Assessed Value $838,840 Land Value $630,830 Improvement Value $208,010 Tax Amount $5,100 Change Rate +0.020204% Assessed CR Tax Rate +0.00608%
Year 2023 Assessed Value $838,840 Land Value $630,830 Improvement Value $208,010 Tax Amount $4,999 Change Rate +0.00766% Assessed CR Tax Rate +0.005959%
Year 2022 Assessed Value $474,240 Land Value $369,670 Improvement Value $104,570 Tax Amount $4,961 Change Rate -0.003415% Assessed CR Tax Rate +0.010461%
Year 2021 Assessed Value $473,230 Land Value $369,670 Improvement Value $103,560 Tax Amount $4,978 Change Rate +0.003831% Assessed CR Tax Rate +0.010519%
Year 2020 Assessed Value $473,230 Land Value $369,670 Improvement Value $103,560 Tax Amount $4,959 Change Rate +0.01189% Assessed CR Tax Rate +0.010479%
Year 2019 Assessed Value $470,320 Land Value $369,670 Improvement Value $100,650 Tax Amount $4,900.73 Change Rate +0.035263% Assessed CR Tax Rate +0.01042%
Year 2018 Assessed Value $470,320 Land Value $369,670 Improvement Value $100,650 Tax Amount $4,733.8 Change Rate +0.00484% Assessed CR Tax Rate +0.010065%
Year 2017 Assessed Value $463,710 Land Value $369,670 Improvement Value $94,040 Tax Amount $4,711 Change Rate +0.009861% Assessed CR Tax Rate +0.010159%
Year 2016 Assessed Value $463,710 Land Value $369,670 Improvement Value $94,040 Tax Amount $4,665 Change Rate +0.011053% Assessed CR Tax Rate +0.01006%
Year 2015 Assessed Value $463,710 Land Value $369,670 Improvement Value $94,040 Tax Amount $4,614 Change Rate +0.091038% Assessed CR Tax Rate +0.00995%
Year 2013 Assessed Value $463,710 Land Value $369,670 Improvement Value $94,040 Tax Amount $4,229 Change Rate Assessed CR Tax Rate +0.00912%