NOT LISTED FOR SALE

24540 Fairbanks Ln Covelo, CA 95428

Estimated Value: $304,000 - $373,000

3 Beds
2 Baths
1,600 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $275,000 $172 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,902/month

146 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Sun or Florida Room
  • Wood Burning Stove
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Breakfast Area or Nook

About This Home

As of March 2024

Drop down into the beautiful Covelo valley, turn onto Fairbanks Lane and come into this 3 bedroom 2 bath home that sits on 1 acre with an attached 1.78 acre parcel. Home has been freshly painted and cared for. Hardwood floors throughout most of the home, Fireplace insert in the living room and a jetted tub in the master bath. There is a detached work shop and a cooling room in the two car garage for storage. You have an open pallet for the extended back yard. Come and see all that is here.

Last Agent to Sell the Property

Sharon Noah

Inactive Office License #01346114 Listed on: 10/21/2023

Inactive Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,617

Lot Details

  • 2.78 Acre Lot
  • Fenced
  • Garden

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Ranch Property
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Sun or Florida Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Baseboard Heating
  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 034-270-27-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,617

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached, Ranchette/Country
  • Directions To Property: Hwy 162 to Fairbanks Lane, house on left
  • Lot Size Acres: 2.7800
  • Stories: 1
  • Levels: One
  • Year Built Details: Unknown
  • ArchitecturalStyle: Ranch
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bathroom Features: Closet, Jetted Tub, Tile, Tub w/Shower Over
  • Master Bedroom Features: Closet, Ground Floor
  • Full Bathrooms: 2
  • Dining Room Features: Space in Kitchen
  • Flooring: Carpet, Laminate, Linoleum, Wood
  • Price Per Square Foot: 171.88
  • Square Footage: 1600.00
  • Bathroom Features: Shower Stall(s), Tile
  • Bathrooms: 2
  • Fireplace Features: Insert, Living Room, Wood Burning, Wood Stove
  • Kitchen Features: Breakfast Area, Other Counter
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Sun Room
  • Main Level: Bedroom(s), Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom, Street Entrance

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: Garden
  • Property Condition: Original
  • Roof: Composition
  • Fencing: Fenced
  • OtherStructures: Storage, Workshop
  • View: Mountains

Garage/Parking

  • Parking Features: Attached, Garage Facing Front, Interior Access
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Electric: 220 Volts in Laundry
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Private Sewer
  • Utilities: Internet Available, Propane Tank Owned
  • Water Source: Private, Well
  • Heating: Baseboard, Fireplace Insert, Wall Furnace, Wood Stove
  • Laundry Features: Dryer Included, In Garage, Washer Included

Lot Info

  • Assessor Parcel Number: 034-270-27-00
  • Lot Size Sq Ft: 121097.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Mar 11, 2024
Sold by
George H Bowen Trust
Bought by
Rivera Luis M Paramo
Seller's Agent
Sharon Noah
Inactive Office
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
119
Current Estimated Value
$331,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,725
Avg. Annual Appreciation
10.12%
Original Mortgage
$137,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2017
Sold by
Bowem George H
Bought by
Bowen George H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivera Luis M Paramo $275,000 Orange Coast Title
Bowen George H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Luis M Paramo $137,500
Previous Owner Bowen George H $97,300
Previous Owner Bowen George H $43,000
Previous Owner Bowen George H $49,020
Previous Owner Bowen George H $54,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $275,000 -15.4% $172 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
10/21/2023 10/21/23 For Sale $325,000 -- $203 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,617 $184,778 $25,736 $159,042
2023 $1,617 $152,692 $24,738 $127,954
2022 $1,591 $149,699 $24,253 $125,446
2021 $1,578 $146,765 $23,778 $122,987
2020 $1,572 $145,341 $23,560 $121,781
2019 $1,489 $142,491 $23,098 $119,393
2018 $1,667 $162,476 $22,645 $139,831
2017 $1,614 $159,291 $22,201 $137,090
2016 $1,605 $156,169 $21,766 $134,403
2015 $1,090 $113,323 $21,439 $91,884
2014 $1,127 $111,104 $21,019 $90,085
Source: Public Records

Agents Affiliated with this Home

  • Sharon Noah

    Seller's Agent in 2024

    Sharon Noah

    Inactive Office

    (707) 459-6175

    37 Total Sales

    Sharon Noah
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323919695

Bay Area Real Estate Information Services (BAREIS)

APN: 034-270-27-00

California Mendocino County Covelo 95428

24540 Fairbanks Ln, Covelo, CA

This home is located at 24540 Fairbanks Ln, Covelo, CA 95428 since 21 October 2023 and is currently estimated at $331,725, approximately $207 per square foot. 24540 Fairbanks Ln is a home located in Mendocino County with nearby schools including Round Valley High School and Eel River Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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