JUST LISTED IN FAIRBANK! Gorgeous, Spacious and Updated!!! Need more room without giving up the convenience of living in town? This one is worth a look! With 5 bedrooms, 3.5 baths, over 2,800 finished sq. ft. and nearly an acre, this beautifully updated Fairbank home offers the space you’ve been searching for—inside and out. Enjoy fresh paint, new flooring and a finished lower level with additional bonus rooms (2 non-conforming rooms) for even more flexibility. The .89-acre lot is a rare find in town, and the home sits directly across from the elementary school and just steps from the pool. There may also be potential to parcel off the back portion of the lot. Call today for your personal tour !
For sale
Price increase: $10K (9/29)
$369,000
206 5th St N, Fairbank, IA 50629
5beds
2,894sqft
Single Family Residence
Built in 1977
0.89 Acres Lot
$361,000 Zestimate®
$128/sqft
$-- HOA
What's special
Finished lower levelNearly an acreAdditional bonus roomsNew flooringFresh paint
- 20 days
- 267
- 8
Zillow last checked:
Listing updated:
Listed by:
Jennifer L Drewelow 319-284-2283,
Century 21 Signature RE - Oelwein
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: 1st Floor Entry, Main Floor Laundry, Lwr Level Family Room
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Refrigerator, Electric Water Heater
- Laundry: 1st Floor
Features
- Beamed Ceilings, Ceiling Fan(s), Solid Surface Counters
- Basement: Block,Concrete,Floor Drain,Partially Finished
- Has fireplace: Yes
- Fireplace features: One, Wood Burning
Interior area
- Total interior livable area: 2,894 sqft
- Finished area below ground: 1,150
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Garage Door Opener, Oversized
- Has attached garage: Yes
- Carport spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 0.89 Acres
- Dimensions: 157x165
Details
- Parcel number: 0105227007
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle,Asphalt
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Fairbank
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $325,500
- Annual tax amount: $4,781
- Date on market: 9/29/2026
- Cumulative days on market: 20 days
- Road surface type: Concrete, Paved
Estimated market value
$361,000
$343,000 - $379,000
$2,458/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $369,000+2.8%$128/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20264678 Report a problem | ||
| 8/24/2026 | Listed for sale | $359,000-0.3%$124/sqft |
Source: Owner Report a problem | ||
| 8/15/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/21/2026 | Price change | $359,900-1.4%$124/sqft |
Source: Owner Report a problem | ||
| 5/6/2026 | Price change | $365,000-0.8%$126/sqft |
Source: Owner Report a problem | ||
| 5/1/2026 | Price change | $368,000-0.5%$127/sqft |
Source: Owner Report a problem | ||
| 4/28/2026 | Price change | $370,000-2.4%$128/sqft |
Source: Owner Report a problem | ||
| 4/23/2026 | Listed for sale | $379,000+16.6%$131/sqft |
Source: Owner Report a problem | ||
| 8/4/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/6/2023 | Pending sale | $325,000$112/sqft |
Source: Owner Report a problem | ||
| 5/1/2023 | Listed for sale | $325,000+33.7%$112/sqft |
Source: Owner Report a problem | ||
| 12/18/2020 | Sold | $243,000$84/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20202773 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,260 +8% | $325,500 +17% |
| 2024 | $3,946 +1.8% | $278,090 |
| 2023 | $3,876 +2.9% | $278,090 +20.5% |
| 2022 | $3,766 +13.4% | $230,800 |
| 2021 | $3,322 | $230,800 +20.1% |
| 2020 | -- | $192,180 +4% |
| 2019 | $3,224 +4.5% | $184,830 +3.1% |
| 2018 | $3,084 | $179,310 |
| 2017 | $3,084 -4.3% | $179,310 -4.8% |
| 2016 | $3,222 | $188,440 |
| 2015 | $3,222 -0.1% | $188,440 |
| 2014 | $3,224 | $188,440 |
| 2013 | -- | $188,440 |
| 2012 | -- | $188,440 |
| 2011 | -- | $188,440 +2.1% |
| 2010 | -- | $184,636 |
| 2007 | $2,372 +16.6% | -- |
| 2005 | $2,034 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50629
Nearby schools
Schools provided by the listing agent
- Elementary: Fairbank Elementary
- Middle: Wapsie Valley
- High: Wapsie Valley
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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