NOT LISTED FOR SALE

490 Fairbanks Rd Farmington, ME 04938

Estimated Value: $155,000 - $222,854

2 Beds
1 Bath
1,400 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $99,500 $71 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,146/month

6 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Attached Garage
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2017

Neat, clean and energy efficient. Owners have been working to freshen up everything- new paint, new windows and so forth. Ready to move in. Plus 2 car garage, breezeway, and sun porch.

Last Agent to Sell the Property

Gloria Mcgraw

County Seat Realty Listed on: 05/02/2017

Last Buyer's Agent

Jeffrey Harris

Harris Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1950

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned per town

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 1,400 Sq Ft Home
  • Built-In Features
  • Family Room
  • Sun or Florida Room
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Septic System

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Exclusions: pellet stove does not convey
  • Tax Lot 10
  • Assessor Parcel Number FARN-000000-U000024-000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Farmington travel North to Fairbanks. House on left-
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Ranch
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.49
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1400.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Neighborhood
  • Waterfront: No
  • Exclusions: pellet stove does not convey
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Garage Door Opener, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Parcel #: FARN-000000-U000024-000010
  • Zoning: per town

Tax Info

  • Tax Annual Amount: 1407.0
  • Tax Book Number: 553
  • Tax Lot: 10
  • Tax Map Number: U24
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 10, 2017
Sold by
Nelson Donald A and Nelson Mary A
Bought by
Spahr Katherine M
Seller's Agent
Gloria Mcgraw
County Seat Realty
Buyer's Agent
Jeffrey Harris
Harris Real Estate
List Price
$103,000
Sold Price
$99,500
Premium/Discount to List
-$3,500
-3.4%
Current Estimated Value
$190,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,964
Avg. Annual Appreciation
10.12%
Original Mortgage
$100,505
Outstanding Balance
$84,440
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$135,147
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
Spahr Katherine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spahr Katherine M $100,505
Previous Owner Nelson Donald A $60,351
Previous Owner Nelson Donald A $20,000
Previous Owner Nelson Donald A $72,000
Previous Owner Nelson Donald A $65,000
Previous Owner Nelson Donald A $44,131
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $99,500 -3.4% $71 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $103,000 -- $74 / Sq Ft
Source: Maine Listings

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
2024 $1,568 $73,100 $27,700 $45,400
2023 $1,455 $73,100 $27,700 $45,400
2022 $1,316 $73,100 $27,700 $45,400
2021 $1,404 $73,100 $27,700 $45,400
2020 $1,438 $73,000 $28,000 $45,000
2019 $1,459 $73,000 $28,000 $45,000
2018 $1,429 $73,000 $28,000 $45,000
2017 $1,456 $73,000 $28,000 $45,000
2016 $1,407 $73,000 $28,000 $45,000
2015 $1,372 $73,000 $28,000 $45,000
2014 $1,266 $73,100 $27,700 $45,400
2013 $1,151 $73,100 $27,700 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1304587

Maine Listings

APN: FARN-000000-U000024-000010