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    • Price cut: $50K (7/22)
    $499,900

    7 Preston Way, Cumberland, ME 04021

    3beds
    1,597sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $313/sqft
    $-- HOA

    What's special

    Large storage shed
    Investors take notice! This is your opportunity to own two (2) free standing homes with detached garage with storage above. Large storage shed. whole house generator that runs both homes. Both homes and garage have new shingles. New septic system and low monthly heating cost. Each home is fully equipped with appliances. Front Cape is currently vacant.
    108 days
    |
    845
    |
    29
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Allied Real Estate

    Source: Maine Listings,MLS#: 1656242MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Direct Vent Furnace, Forced Air
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Storage
      • Flooring: Carpet, Tile, Vinyl, Wood
      • Basement: Doghouse,Walk-Out Access,Unfinished
      Interior area
      • Total structure area: 1,597
      • Total interior livable area: 1,597 sqft
      • Finished area above ground: 1,597
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Common, Paved, 5 - 10 Spaces, Detached, Storage
      • Garage spaces: 1
      Features
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.4 Acres
      • Features: Near Town, Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: CMBLMU19L19
      • Zoning: VOC1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cape Cod,Ranch
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete, Slab
      • Roof: Pitched,Shingle
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: Circuit Breakers, Generator Hookup
      • Sewer: Private Sewer, Shared Septic
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Cumberland

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $236,200
      • Annual tax amount: $5,948
      • Date on market: 4/21/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,931/mo

        Price history

        DateEventPrice
        7/22/2026Price change$499,900-9.1%$313/sqft
        Source: Maine Listings #1656242 Report a problem
        5/14/2026Price change$549,900-4.4%$344/sqft
        Source: Maine Listings #1656242 Report a problem
        4/21/2026Listed for sale$575,000+4.5%$360/sqft
        Source: Maine Listings #1656242 Report a problem
        12/1/2025Listing removed$550,000$344/sqft
        Source: Maine Listings #1629524 Report a problem
        11/18/2025Listed for sale$550,000$344/sqft
        Source: Maine Listings #1629524 Report a problem
        11/11/2025Pending sale$550,000$344/sqft
        Source: Maine Listings #1629524 Report a problem
        10/3/2025Price change$550,000-8.3%$344/sqft
        Source: Maine Listings #1629524 Report a problem
        8/17/2025Listed for sale$599,900-7.7%$376/sqft
        Source: Maine Listings #1629524 Report a problem
        7/16/2025Listing removed$649,900$407/sqft
        Source: Maine Listings #1629524 Report a problem
        7/9/2025Listed for sale$649,900+44.4%$407/sqft
        Source: Maine Listings #1629524 Report a problem
        10/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/12/2022Listed for rent$1,700$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/25/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/18/2022Listed for rent$1,700$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/7/2022Sold$450,000$282/sqft
        Source: Maine Listings #1513404 Report a problem
        11/19/2021Pending sale$450,000$282/sqft
        Source: Maine Listings #1513404 Report a problem
        10/18/2021Listed for sale$450,000+12.8%$282/sqft
        Source: Maine Listings #1500355 Report a problem
        7/2/2021Listing removed--
        Source: Owner Report a problem
        6/30/2021Listed for sale$399,000-7.2%$250/sqft
        Source: Owner Report a problem
        5/1/2021Listing removed--
        Source: Keller Williams Report a problem
        3/4/2021Price change$430,000-4.2%$269/sqft
        Source: Keller Williams Realty #1481045 Report a problem
        2/19/2021Listed for sale$449,000$281/sqft
        Source: Keller Williams Realty #1481045 Report a problem
        2/11/2021Pending sale$449,000$281/sqft
        Source: Keller Williams Realty #1481045 Report a problem
        2/4/2021Listed for sale$449,000+8.2%$281/sqft
        Source: Keller Williams Realty #1481045 Report a problem
        5/18/2020Listing removed$415,000$260/sqft
        Source: RE/MAX Shoreline #1442769 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,492 +5%$236,200
        2023$5,232 +4.5%$236,200
        2022$5,007 +3.2%$236,200
        2020$4,854 +16.1%$236,200
        2019$4,182 -6.6%$236,200 +4%
        2018$4,476 +4.8%$227,200
        2017$4,271 +3%$227,200
        2016$4,146 +0.8%$227,200
        2015$4,112 +4%$227,200
        2014$3,953 +2.4%$227,200
        2013$3,862 +2.7%$227,200
        2012$3,760 +4.7%$227,200
        2011$3,590 +8.6%$227,200
        2009$3,306 +3.9%$227,200
        2008$3,181 +14.7%$227,200 +58.9%
        2006$2,774 $143,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 04021

        Getting around

        15 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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