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  • Price cut: $10.9K (5/19)
    $224,000

    490 Fairbanks Road, Farmington, ME 04938

    2beds
    1,400sqft
    : 
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    Single Family Residence
    Built in 1950
    0.49 Acres Lot
    $218,700 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    True one-floor livingSimple efficient layout
    Affordable, easy living in a prime Farmington location. Just 5 minutes to downtown and UMF, this well-maintained ranch offers true one-floor living with a simple, efficient layout that's easy to own and maintain. Enjoy a bright breezeway connecting to a two-car garage--perfect for Maine seasons--and a fully fenced backyard ideal for pets, gardening, or relaxing in privacy. Outdoor lovers will appreciate quick access to the Sandy River, Titcomb Mountain, and major ski areas like Sugarloaf and Saddleback--all under an hour away--while still being close to shopping, dining, and everyday essentials. With solid bones, low-maintenance living, and room to add your personal touch, this is a smart move for first-time buyers, downsizers, or anyone ready to stop renting and start building equity. Motivated seller--don't miss this opportunity at an increasingly hard-to-find price point.
    59 days
    |
    612
    |
    52
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Your Home Sold Guaranteed Realty

    Source: Maine Listings,MLS#: 1657787MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bonus room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Baseboard, Hot Water
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
      Features
      • 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
      • Flooring: Laminate, Tile, Hardwood
      • Basement: Bulkhead,Interior Entry,Full,Sump Pump,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,400
      • Total interior livable area: 1,400 sqft
      • Finished area above ground: 1,400
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, 1 - 4 Spaces
      • Attached garage spaces: 2
      Lot
      • Size: 0.49 Acres
      • Features: Near Town, Neighborhood, Level, Open Lot
      Details
      • Parcel number: FARNMU24L010
      • Zoning: per town

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Block
      • Roof: Metal,Shingle
      Condition
      • Year built: 1950

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Farmington

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $73,100
      • Annual tax amount: $1,693
      • Date on market: 4/14/2026
      • Road surface type: Paved

        Estimated market value

        $218,700

        $208,000 - $230,000

        $1,601/mo

        Price history

        DateEventPrice
        5/19/2026Price change$224,000-4.6%$160/sqft
        Source: Maine Listings #1657787 Report a problem
        4/14/2026Listed for sale$234,900-2.1%$168/sqft
        Source: Maine Listings #1657787 Report a problem
        12/10/2025Listing removed$1,750$1/sqft
        Source: Zillow Rentals Report a problem
        12/9/2025Listing removed$239,900$171/sqft
        Source: Maine Listings #1640146 Report a problem
        11/25/2025Listed for rent$1,750$1/sqft
        Source: Zillow Rentals Report a problem
        10/17/2025Price change$239,900-3.1%$171/sqft
        Source: Maine Listings #1640146 Report a problem
        10/7/2025Listed for sale$247,500+148.7%$177/sqft
        Source: Maine Listings #1640146 Report a problem
        7/7/2017Sold$99,500-3.4%$71/sqft
        Source: Maine Listings #1304587 Report a problem
        5/2/2017Listed for sale$103,000$74/sqft
        Source: County Seat Realty #1304587 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,568 +7.8%$73,100
        2023$1,455 +10.6%$73,100
        2022$1,316 -6.3%$73,100
        2021$1,404 $73,100
        2020$1,404 -3.8%$73,100 +0.1%
        2019$1,459 +2.1%$73,000
        2018$1,429 -1.9%$73,000
        2017$1,456 +3.5%$73,000
        2016$1,407 +2.6%$73,000
        2015$1,372 +8.4%$73,000 -0.1%
        2014$1,266 +10%$73,100
        2013$1,151 +4.7%$73,100 +10.4%
        2012$1,099 +3.7%$66,200
        2011$1,060 +29.6%$66,200 +23.8%
        2009$818 +0.6%$53,460 +0.5%
        2008$813 +24.7%$53,200 +29.1%
        2006$652 $41,200

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 04938

          Getting around

          22 / 100
          Car-Dependent
          34 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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