Active

Price cut: $25.1K (5/14)

$549,900

7 Preston Way, Cumberland, ME 04021

3beds

1,597sqft

Est.:

Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$344/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.

30 days

1,360

72

Tour with a local agent

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
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: $344/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

$3,111/mo

Price history

Date	Event	Price
5/14/2026	Price change	$549,900-4.4%$344/sqft
Source: Maine Listings #1656242 Report a problem
4/21/2026	Listed for sale	$575,000+4.5%$360/sqft
Source: Maine Listings #1656242 Report a problem
12/1/2025	Listing removed	$550,000$344/sqft
Source: Maine Listings #1629524 Report a problem
11/18/2025	Listed for sale	$550,000$344/sqft
Source: Maine Listings #1629524 Report a problem
11/11/2025	Pending sale	$550,000$344/sqft
Source: Maine Listings #1629524 Report a problem
10/3/2025	Price change	$550,000-8.3%$344/sqft
Source: Maine Listings #1629524 Report a problem
8/17/2025	Listed for sale	$599,900-7.7%$376/sqft
Source: Maine Listings #1629524 Report a problem
7/16/2025	Listing removed	$649,900$407/sqft
Source: Maine Listings #1629524 Report a problem
7/9/2025	Listed for sale	$649,900+44.4%$407/sqft
Source: Maine Listings #1629524 Report a problem
10/30/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
10/12/2022	Listed for rent	$1,700$1/sqft
Source: Zillow Rental Manager Report a problem
5/25/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
5/18/2022	Listed for rent	$1,700$1/sqft
Source: Zillow Rental Manager Report a problem
1/7/2022	Sold	$450,000$282/sqft
Source: Maine Listings #1513404 Report a problem
11/19/2021	Pending sale	$450,000$282/sqft
Source: Maine Listings #1513404 Report a problem
10/18/2021	Listed for sale	$450,000+12.8%$282/sqft
Source: Maine Listings #1500355 Report a problem
7/2/2021	Listing removed	--
Source: Owner Report a problem
6/30/2021	Listed for sale	$399,000-7.2%$250/sqft
Source: Owner Report a problem
5/1/2021	Listing removed	--
Source: Keller Williams Report a problem
3/4/2021	Price change	$430,000-4.2%$269/sqft
Source: Keller Williams Realty #1481045 Report a problem
2/19/2021	Listed for sale	$449,000$281/sqft
Source: Keller Williams Realty #1481045 Report a problem
2/11/2021	Pending sale	$449,000$281/sqft
Source: Keller Williams Realty #1481045 Report a problem
2/4/2021	Listed for sale	$449,000+8.2%$281/sqft
Source: Keller Williams Realty #1481045 Report a problem
5/18/2020	Listing removed	$415,000$260/sqft
Source: RE/MAX Shoreline #1442769 Report a problem
2/24/2020	Listed for sale	$415,000$260/sqft
Source: RE/MAX Shoreline #1442769 Report a problem

Public tax history

Year	Property taxes	Tax 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

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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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