Question 1

What is the asking price for 116 2ND, Preston?

Accepted Answer

116 2ND, Preston is listed at $364,900 ($167/sqft). The original list price was $374,900, representing a reduction of $10,000. Current status: Closed.

Question 2

How many bedrooms and bathrooms does 116 2ND, Preston have?

Accepted Answer

This Residential features 5 bedrooms, 2 bathrooms, 2,184 square feet of living space. It is a 2-story home. The lot is 0.25 acres.

Question 3

When was 116 2ND, Preston built?

Accepted Answer

This property was built in 1978, making it 48 years old. This established home has character and may feature unique architectural details. A thorough inspection is recommended to assess systems and structure.

Question 4

What type of property is 116 2ND, Preston?

Accepted Answer

116 2ND, Preston is a Residential (Single Family Residence). The architectural style is Rambler/Ranch.  Zoning: Single-Family.

Question 5

Does 116 2ND, Preston have a garage or parking?

Accepted Answer

Yes, this property includes 4 open parking spaces. Total parking capacity: 4 vehicles.

Question 6

Is there an HOA for 116 2ND, Preston?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 116 2ND, Preston?

Accepted Answer

Annual property taxes for this property are approximately $1,900 (about $158/month). This represents an effective tax rate of approximately 0.52% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 116 2ND, Preston?

Accepted Answer

Exterior features include: Out Buildings, Patio: Open.

Question 9

How long has 116 2ND, Preston been on the market?

Accepted Answer

This property has been listed for 232 days. The average days on market in Preston is 135 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

What schools serve 116 2ND, Preston?

Accepted Answer

Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.

Question 11

What high school is near 116 2ND, Preston?

Accepted Answer

The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 12

What elementary school is near 116 2ND, Preston?

Accepted Answer

The nearest elementary school is None/Other. Propaired provides full school ratings and comparison data for all schools in this area.

Question 13

What middle school is near 116 2ND, Preston?

Accepted Answer

The nearest middle school is None/Other.

Question 14

How does this listing compare to the Preston market?

Accepted Answer

116 2ND, Preston is listed at $364,900, which is below the Preston median of $400,000 by $35,100. There are currently 37 active listings in Preston. Homes in Preston sell in an average of 135 days. The average sale-to-list ratio is 97.4%.

Question 15

What is the Preston real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Preston is $400,000. There are currently 37 active listings. Homes sell in an average of 135 days. The average sale-to-list ratio is 97.4%. This listing at $364,900 is below the Preston 2026 median.

Question 16

Are there other homes for sale in Preston?

Accepted Answer

Yes — there are currently 37 active listings in Preston. Browse all Preston homes for sale at propaired.ai/listings/id/preston. Prices range around a median of $400,000. Homes in Preston are selling in about 135 days on average.

Question 17

How does this price compare to the Utah state average?

Accepted Answer

At $364,900, this property is below the Utah state median of $510,000 by $145,100. Preston prices are 22% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 18

What heating and cooling systems does 116 2ND, Preston have?

Accepted Answer

Heating: Electric,Forced Air. Cooling: Natural Ventilation. Given the age of this home, it may be worth requesting a professional HVAC inspection to assess system efficiency and remaining lifespan. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 19

What type of roof does 116 2ND, Preston have?

Accepted Answer

The roof material is Metal. Metal roofs are highly durable and can last 40-70 years with minimal maintenance. With a 48-year-old home, reviewing recent roof inspections is recommended.

Question 20

Does 116 2ND, Preston have a basement?

Accepted Answer

Yes, the basement is described as: Daylight. A daylight basement features windows for natural light, making the space more livable. Check for any signs of moisture or foundation issues during the home inspection.

Question 21

What is 116 2ND, Preston constructed from?

Accepted Answer

Construction materials include: Metal Siding. The construction type affects long-term maintenance requirements and insurance costs.

Question 22

What type of flooring does 116 2ND, Preston have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 23

What are the water and sewer connections for 116 2ND, Preston?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 24

What would homeowner's insurance cost for 116 2ND, Preston?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $364,900, expect approximately $1,095-$1,825/year ($91-$152/month).  Older homes may see higher premiums due to outdated electrical or plumbing systems. Get multiple quotes — rates vary significantly by insurer.

Question 25

What are the estimated closing costs for 116 2ND, Preston?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $364,900, expect approximately $7,298-$18,245 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 26

How does the property tax compare to the list price at 116 2ND, Preston?

Accepted Answer

The annual property tax of $1,900 represents an effective rate of 0.52% relative to the list price of $364,900. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 27

Is 116 2ND, Preston eligible for FHA or VA financing?

Accepted Answer

At $364,900, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 28

Could 116 2ND, Preston be a 1031 exchange property?

Accepted Answer

Yes, 116 2ND, Preston could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 29

What is the price trend in Preston?

Accepted Answer

Preston's median price has decreased 27.9% month-over-month. Current median: $400,000. Days on market have decreased by 76.1% month-over-month. Homes are selling at 97.4% of list price on average. Monitor these trends to time your offer strategically.

Question 30

Is 116 2ND, Preston move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 31

What updates might 116 2ND, Preston need?

Accepted Answer

At 48 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Metal. Current heating: Electric,Forced Air. These are general guidelines based on typical component lifespans — the actual condition depends on maintenance history. Always get a professional inspection and ask the seller for maintenance records and any recent upgrades.

Question 32

Does 116 2ND, Preston come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 33

What is the lot like at 116 2ND, Preston?

Accepted Answer

The lot is 0.25 acres.  Terrain: Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 34

What utilities are available at 116 2ND, Preston?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

116 2ND, Preston, ID 83263

116 W 2ND S, Preston, ID 83263

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