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2 Burns Street, Fairfield, ME, 04937

3beds
1baths
1,288sqft
$298,800
$232price/sqft
$2,463/moest. monthly cost
$98,520/yrincome needed

About This Home

Looking for a stunning one floor living ranch with quality updates then this is the one! This beautifully maintained home offers the perfect blend of comfort, charm, and location. Since 2022, improvements include a standing seam metal roof, heat pump, refrigerator, dishwasher, updated light fixtures, and a new bathroom cabinet. The inviting kitchen features classic oak cabinetry and a commercial grade stove with an impressive six burner gas cooktop, making it ideal for everyday meals and entertaining. The oversized living room offers a warm and welcoming space with a stunning brick fireplace featuring a gas insert, while the heat pump provides cooling during the warmer months. According to the previous seller, hardwood floors may be located beneath the existing carpet, offering potential for future updates. The full basement provides exceptional storage and workspace with built in shelving, a workbench, and both interior and exterior access. Outside, enjoy the nicely landscaped yard with mature grape vines along the fence, a deck and patio for relaxing or entertaining, and a spacious side yard perfect for gardening and outdoor activities. Ideally situated on an in town lot, this home is just minutes from Interstate 95 and within walking distance to schools, shopping, parks, walking trails, the town office, post office, the Kennebec River, and the public boat launch. This property offers the convenience of in town living with comfortable indoor and outdoor spaces and is truly a must see to appreciate.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
Benton Elementary SchoolGrades K-61.4 mi
2/10
Lawrence Jr High SchoolGrades 7-80.6 mi
3/10
Lawrence High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Unfinished

Bedroom1

  • Features: Closet
  • Level: First

Bedroom2

  • Features: Closet
  • Level: First

Bedroom3

  • Features: Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1st Floor Bedroom,Bathtub,Shower
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,288

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater,Heat Pump,Hot Water
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,288
  • Total interior livable area: 1,288 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First

Living Room

  • Features: Gas Fireplace
  • Level: First

Property

Details

  • Parcel number: FAIDM024L134
  • Zoning: 16

Features

  • Patio & porch: Deck,Patio

Lot

  • Lot size: 0.34 Acres
  • Features: City Lot,Near Shopping,Near Turnpike/Interstate,Neighborhood,Level,Open Lot,Rolling Slope,Landscaped

Parking

  • Parking features: Concrete,5 - 10 Spaces,On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Ice Storm
Lightning
Hurricane
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,510$18,120
Home Insurance $165$1,980
Property Taxes $544$6,528
Electricity $244$2,930
Total$2,463$29,556

Income You'd Need if You Spent...

35% on housing$84,445/yr
40% on housing$73,890/yr
45% on housing$65,680/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 04937$108
Somerset County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 04937
Somerset County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Listed for sale$298,800
2022-06-15Sold$240,000
2022-04-18Pending sale$228,000
2022-04-17Listed for sale$228,000
2020-10-30Sold$170,000
2020-09-09Listed for sale$164,900

For Sale by Agent

AgentKimberly Hawkes
BrokerageOWN REAL ESTATE

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