Active

Price cut: $5K (8/24)

$279,000

124 Lake Avenue, Farmington, ME 04938

4beds

1,569sqft

$1,925/mo

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Single Family Residence

Built in 1920

0.66 Acres Lot

$-- Zestimate^®

$178/sqft

$-- HOA

What's special

Peaceful settingQuiet neighborhood street

Welcome home to this spacious 4-bedroom, 2-bath property situated on a generous 0.66-acre in-town lot in the heart of Farmington. Located on a quiet neighborhood street just minutes from University of Maine at Farmington, this home offers the perfect combination of convenience, comfort, and modern updates. Recent improvements provide peace of mind, including a repaired foundation, an updated kitchen, upgraded electrical service, and roof replacement. Inside, you'll find oversized rooms filled with natural light, upscale lighting fixtures that add warmth and style, and an abundance of storage throughout the home. If you are looking for space to spread out, a home close to UMF, and a property with major improvements already completed, this home is ready to welcome its next owners. Enjoy the peaceful setting while being close to downtown shops, restaurants, schools, and all that Farmington has in store for it's new owners!

108 days
439
40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Second

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bedroom 4

Level: Second

Dining room

Features: Informal
Level: First

Kitchen

Features: Eat-in Kitchen
Level: First

Living room

Features: Informal
Level: First

Heating

Baseboard, Zoned

Cooling

None

Appliances

Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Features

Bathtub, Shower, Storage
Flooring: Laminate, Wood
Windows: Storm Window(s)
Basement: Interior Entry,Crawl Space,Partial
Has fireplace: No

Interior area

Total structure area: 1,569
Total interior livable area: 1,569 sqft
Finished area above ground: 1,569
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Paved, 1 - 4 Spaces, Storage
Has attached garage: Yes

Features

Levels: Multi/Split
Patio & porch: Glassed-in Porch

Lot

Size: 0.66 Acres
Features: City Lot, Near Shopping, Near Town, Neighborhood, Level, Rolling Slope, Sidewalks

Details

Additional structures: Barn(s)
Parcel number: FARNMU13L104
Zoning: per town
Other equipment: DSL, Internet Access Available

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod,Farmhouse,New Englander
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Block, Granite
Roof: Metal,Pitched

Condition

Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Water Heater

Community & HOA

Location

Region: Farmington

Financial & listing details

Price per square foot: $178/sqft
Tax assessed value: $113,900
Annual tax amount: $2,386
Date on market: 7/1/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/24/2026	Price change	$279,000-1.8%$178/sqft
Source: Maine Listings #1669890 Report a problem
7/19/2026	Price change	$284,000-1.7%$181/sqft
Source: Maine Listings #1669890 Report a problem
7/1/2026	Listed for sale	$289,000+20.9%$184/sqft
Source: Maine Listings #1669890 Report a problem
8/1/2024	Pending sale	$239,000+3.9%$152/sqft
Source: Maine Listings #1595026 Report a problem
7/31/2024	Sold	$230,000-3.8%$147/sqft
Source: Maine Listings #1595026 Report a problem
7/1/2024	Contingent	$239,000$152/sqft
Source: Maine Listings #1595026 Report a problem
6/27/2024	Listed for sale	$239,000+127.6%$152/sqft
Source: Maine Listings #1595026 Report a problem
12/15/2020	Sold	$105,000-12.1%$67/sqft
Source: Maine Listings #1473112 Report a problem
10/16/2020	Listed for sale	$119,500$76/sqft
Source: Allied Realty #1473112 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,443 +7.7%	$113,900
2023	$2,268 +10.6%	$113,900
2022	$2,050 -6.3%	$113,900
2021	$2,187	$113,900
2020	$2,187 -4%	$113,900 -0.1%
2019	$2,278 +2.1%	$114,000
2018	$2,231 -1.8%	$114,000
2017	$2,273 +3.4%	$114,000
2016	$2,198 +2.6%	$114,000
2015	$2,143 +8.6%	$114,000 +0.1%
2014	$1,973 +10%	$113,900
2013	$1,794 +17.3%	$113,900 +23.7%
2012	$1,529 +3.7%	$92,100
2011	$1,475 +4.7%	$92,100
2009	$1,409 +0.1%	$92,100
2008	$1,407 +42.8%	$92,100 +48.1%
2006	$985	$62,200