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289 Fairbanks Rd

Farmington, ME 04938

3 bd 2 ba 1,292 sqft Built 1900 Lot 10,890 sqft multi_family
Most recent sale
$97,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $97,000 Public Record
Jul 6, 2022 Relisted $97,000 MaineListings
May 18, 2022 Relisted $97,000 MaineListings
Apr 12, 2022 Listed $97,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $173,000 $54,200 $227,200 $2,386
2023 $33,000 $19,800 $52,800 $1,051
2022 $33,000 $19,800 $52,800 $950
2021 $33,000 $19,800 $52,800 $1,014
2020 $33,000 $20,000 $53,000 $1,044
2019 $33,000 $20,000 $53,000 $1,059
2018 $33,000 $20,000 $53,000 $1,037
2017 $33,000 $20,000 $53,000 $1,057
2016 $33,000 $20,000 $53,000 $1,022
2015 $33,000 $20,000 $53,000 $996
2014 $33,000 $19,800 $52,800 $914
2011 $12,400 $12,400 $199
2009 $40,300 $13,800 $54,100 $633
2008 $40,300 $13,800 $54,100 $628

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,292 sqft
Lot size
10,890 sqft
ZIP code
04938
City
Farmington
Street
Fairbanks Rd
Coordinates
44.68550, -70.15595

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$582
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 289 Fairbanks Rd last sell?
289 Fairbanks Rd most recently sold on Aug 22, 2022 for $97,000.
What is the current tax assessment for 289 Fairbanks Rd?
The most recent total assessment for 289 Fairbanks Rd (year 2025) is $227,200 with $2,386 in property tax.
How does 289 Fairbanks Rd's assessment compare to its last sale price?
The current assessment is 134.2% above the last sale price of $97,000.
When was 289 Fairbanks Rd built?
289 Fairbanks Rd was built in 1900.
How does 289 Fairbanks Rd compare to others on Fairbanks Rd?
We track 8 other properties on Fairbanks Rd. Browse the list under "Other properties on Fairbanks Rd" to compare beds, baths, and sale history.
What are the property facts for 289 Fairbanks Rd?
289 Fairbanks Rd is a 3 bed, 2 bath, 1,292 sqft, 10,890 sqft lot multi_family.
Is 289 Fairbanks Rd a flip candidate?
No — 289 Fairbanks Rd does not appear in our flips dataset.
Is 289 Fairbanks Rd a tax-appeal candidate?
Yes — 289 Fairbanks Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$275.3K
2026 Q4
$275.3K
ZIP 04938 — Median Price History + Forecast

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