Last Sold Price
2,204 sqft$120/sqft
232 Fairbanks Rd, Farmington, ME 04938

Description

Great Income opportunity! Built in 1796, this charming 3 unit multi family home is in great condition and is approved by the town as 4 units. It may easily be converted to 4. Very well maintained and walking distance to town. Lots of parking, 2 large decks to enjoy the serenity of the large lot and all the beautiful landscaping.Great Income opportunity! Built in 1796, this charming 3 unit multi family home is in great condition and is approved by the town as 4 units. It may easily be converted to 4. Very well maintained and walking distance to town. Lots of parking, 2 large decks to enjoy the serenity of the large lot and all the beautiful landscaping.
LISTING CLOSED: 09/16/2021 12:00 AM

  1. Listed by Laura Davis • Keller Williams Realty
    P: (207) 879-9800 klrw318@kw.com

Property Details for 232 Fairbanks Road

Status
MLS #
1502943
Days on Market
7
Taxes
$3,054 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1796
Lot Size
0.95 AC / 41,382 SF
Architectural Style
Colonial
Style
Colonial
View
Trees/Woods
Has Waterfront
No
Zoning
Res-lt. commercial

Location

Listing Courtesy of Keller Williams Realty

Sold By Palmer Realty Group

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Building Information for 232 Fairbanks Road

Stories2Residences3Year Built1796Building Size-Lot Size0.95 AC / 41,382 SF

Payment Calculator

$1,601 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,347

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 232 Fairbanks Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Shopping
  • Page: 302
  • Directions: From downtown Farmington, head northwest on Main St/ME-4/ME-27 . Continue to follow ME-4/ME-27. 232 Fairbanks Road is about a mile on the left.
  • Latitude: 44.681489
  • Longitude: -$70.16
Taxes and HOA
  • Association: No
  • Parcel Number: FARN-000000-U000020-000006
  • Tax Lot: 006
  • Tax Book Number: 1538
  • Tax Map Number: U20
  • Tax Year: 2020
  • Tax Annual Amount: $3,054.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
School Information
  • High School District: RSU 09
Property
Lot Information
  • Lot Features: Well Landscaped, Open, Level, Wooded, Near Shopping
  • Lot Size Acres: 0.95
  • Lot Size Area: 0.95
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 41382.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Well Landscaped, Wooded
Property and Assessments
  • Above Grade Finished Area: 2204.0
  • Building Area Total: 2204.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Other
  • Structure Type: Post & Beam
  • Structure Type: Post & Beam
  • Year Built: 1796
Building Features
  • Foundation Details: Stone, Granite
  • Foundation Materials: Stone, Granite
  • Construction Materials: Vinyl Siding, Other
  • Other Structures: Outbuilding
  • Color: white
  • Stories: 2
Financial Information
  • List Price/SqFt: $124.77
Utilities
  • Heat Fuel: Oil
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System, Tank
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Common, Gravel
Interior Features
  • Amenities: Laundry - Coin, Laundry - Hookup, Storage
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Laundry Features: Washer Hookup, Laundry - Coin
  • Basement: Bulkhead, Full
  • Basement: Bulkhead, Full
  • Patio And Porch Features: Deck, Porch
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Laminate, Carpet
  • Interior Features: Storage
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup, Laundry - Coin
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 1
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $12,000.00
  • Operating Expense: $1,565.00
Rental
Rent Information
  • Land Lease: No

Property History for 232 Fairbanks Road

DateEvent & SourcePriceAppreciation
Sep 16, 2021

Sold

Maine Listings #1502943

$265,000
Aug 18, 2021

Pending

Maine Listings #1502943

Jul 26, 2021

Listed (Active)

Maine Listings #1502943

$275,000
DateEvent & SourcePrice
09/16/2021

Sold

Maine Listings #1502943

$265,000
08/18/2021

Pending

Maine Listings #1502943

07/26/2021

Listed (Active)

Maine Listings #1502943

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 232 Fairbanks Road

Taxable ValueLand$65,800Additions$252,700Total$318,500
Tax Record2025$3,344 ($279 / month)
Home Facts
Baths4Total Finished SqFt2,810 SqFtAbove Grade Finished SqFt2,810 SqFtStories2Lot Size41,382 SqFtStyleTriplexYear Built1996Year Renovated1996ZoningRBCountyFRANKLINAPNFARN M:U20 L:006

Schools near 232 Fairbanks Road

This home is within Regional School Unit 09.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
W G Mallett School
PublicPK to 2

Mt Blue Middle School
Public6 to 8

Mt Blue High School
Public9 to 12

Cascade Brook School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 232 Fairbanks Road, Farmington, ME 04938
$265,000
2,204
41,382
$200,000
7,200
121,532
43,560

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.