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59 Fairbanks Ave

Wellesley, MA 02481

4 bd 4 ba 2,891 sqft Built 1965 Lot 13,939 sqft single_family
Most recent sale
$1,700,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2022 Sold $1,700,000 MLS #72990061
Jun 3, 2022 Relisted $1,599,000 MLS #72990061
Jun 1, 2022 Listed $1,599,000 MLS #72990061

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $602,000 $1,250,000 $1,852,000 $19,039
2024 $579,000 $1,154,000 $1,733,000 $18,041
2023 $447,000 $1,030,000 $1,477,000 $16,912
2022 $434,000 $891,000 $1,325,000 $15,476
2021 $434,000 $795,000 $1,229,000 $14,441
2020 $434,000 $795,000 $1,229,000 $14,207
2019 $422,000 $732,000 $1,154,000 $13,352
2018 $430,000 $730,000 $1,160,000 $13,862
2017 $417,000 $730,000 $1,147,000 $13,523
2015 $390,000 $717,000 $1,107,000 $12,797
2014 $486,000 $594,000 $1,080,000 $12,463
2006 $444,000 $660,000 $1,104,000 $9,185
2005 $409,000 $603,000 $1,012,000 $8,501
2004 $409,000 $563,000 $972,000 $8,320
2003 $409,000 $563,000 $972,000 $7,893

Property facts

Year built
1965
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,891 sqft
Lot size
13,939 sqft
ZIP code
02481
City
Wellesley
Street
Fairbanks Ave
Coordinates
42.31944, -71.25908

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,384
Gross rental yield
5.92%
Implied cap rate
3.85%
Trend-extrapolated value

Frequently asked questions

When did 59 Fairbanks Ave last sell?
59 Fairbanks Ave most recently sold on Jul 21, 2022 for $1,700,000.
What is the current tax assessment for 59 Fairbanks Ave?
The most recent total assessment for 59 Fairbanks Ave (year 2025) is $1,852,000 with $19,039 in property tax.
How does 59 Fairbanks Ave's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $1,700,000.
When was 59 Fairbanks Ave built?
59 Fairbanks Ave was built in 1965.
How does 59 Fairbanks Ave compare to others on Fairbanks Ave?
We track 3 other properties on Fairbanks Ave. Browse the list under "Other properties on Fairbanks Ave" to compare beds, baths, and sale history.
What are the property facts for 59 Fairbanks Ave?
59 Fairbanks Ave is a 4 bed, 4 bath, 2,891 sqft, 13,939 sqft lot single_family.
Is 59 Fairbanks Ave a flip candidate?
No — 59 Fairbanks Ave does not appear in our flips dataset.
Is 59 Fairbanks Ave a tax-appeal candidate?
No — 59 Fairbanks Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.1%
2026 Q3
$2.95M
2026 Q4
$2.95M
ZIP 02481 — Median Price History + Forecast

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