Question 1

What is the asking price for 40 700, Preston?

Accepted Answer

40 700, Preston is listed at $467,500 ($236/sqft). The original list price was $474,800, representing a reduction of $7,300. This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 40 700, Preston have?

Accepted Answer

This Residential features 4 bedrooms, 2 bathrooms, 1,985 square feet of living space. It is a 1-story home. The lot is 0.29 acres.

Question 3

When was 40 700, Preston built?

Accepted Answer

This property was built in 2011, making it 15 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 40 700, Preston?

Accepted Answer

40 700, Preston is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the SEVENTH SOUTH SUB subdivision. Zoning: Single-Family.

Question 5

Does 40 700, Preston have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 40 700, 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 40 700, Preston?

Accepted Answer

Annual property taxes for this property are approximately $1,840 (about $153/month). This represents an effective tax rate of approximately 0.39% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 40 700, Preston?

Accepted Answer

Interior features include: Bath: Primary, Closet: Walk-In, Den/Office, Disposal, Gas Log. Exterior features include: Double Pane Windows, Out Buildings, Patio: Covered, Patio: Open.    View: Mountain(s).

Question 9

Is 40 700, Preston a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 65/100. Key deal signals: Priced 7% below similar homes; 179.0 days on market — potential negotiation opportunity. The price is 7% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Preston?

Accepted Answer

The median price for similar properties in the area is $501,500 (based on 10 homes). At $467,500, this listing is 7% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

Has the price been reduced on 40 700, Preston?

Accepted Answer

Yes, the price has been reduced by 1.5% from the original list price of $474,800 to the current price of $467,500 — a reduction of $7,300. Price reductions can indicate seller motivation or market adjustment.

Question 12

What would the monthly mortgage payment be for 40 700, Preston?

Accepted Answer

At the current 30-year mortgage rate of 6.30% with 20% down, the estimated monthly principal and interest payment is $2,315. Including estimated taxes, the total monthly cost is approximately $2,468. A 15-year mortgage at 5.65% would be $3,086/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 13

How long has 40 700, Preston been on the market?

Accepted Answer

This property has been listed for 179 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 14

What lifestyle features does 40 700, Preston offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Historic/Character. The primary lifestyle niche is "historic_character." These tags are derived from MLS data, property features, and location analysis.

Question 15

What recreation is near 40 700, Preston?

Accepted Answer

This property has a recreation score of 60/100. Nearby recreation includes: High Creek trailhead (11.4 mi); Preston City Craner Recreational Complex park (0.4 mi); Bear Lake State Park (25.8 mi). Skiing: Cherry Peak (12.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 16

What amenities and services are near 40 700, Preston?

Accepted Answer

This property has an amenity proximity score of 94/100. Nearby services include: Grocery: Stokes Market (0.5 mi); Hospital: Franklin County Medical Center (1.0 mi); Pharmacy: Larry's Family Pharmacy (0.5 mi); Dining: Preston's Finest BURGERS & SHAKES (0.6 mi). Gas station: 0.4 miles. Gym: Groll Family Fitness (0.4 mi).

Question 17

How far is the nearest hospital from 40 700, Preston?

Accepted Answer

The nearest hospital is Franklin County Medical Center, approximately 1.0 miles from the property. The nearest fire station is 6.7 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 40 700, Preston?

Accepted Answer

Assigned schools: Elementary: Oakwood; Middle: Preston; High: Preston.   School district: PRESTON  JOINT.

Question 19

What high school is near 40 700, Preston?

Accepted Answer

The nearest high school is Preston. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 20

What elementary school is near 40 700, Preston?

Accepted Answer

The nearest elementary school is Oakwood. Propaired provides full school ratings and comparison data for all schools in this area.

Question 21

What middle school is near 40 700, Preston?

Accepted Answer

The nearest middle school is Preston.

Question 22

Is 40 700, Preston in a flood zone?

Accepted Answer

This property is classified as low.  Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 23

How does this listing compare to the Preston market?

Accepted Answer

40 700, Preston is listed at $467,500, which is above the Preston median of $400,000 by $67,500. 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 24

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 $467,500 is above the Preston 2026 median.

Question 25

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 26

How does this price compare to the Utah state average?

Accepted Answer

At $467,500, this property is below the Utah state median of $510,000 by $42,500. 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 27

What is the Propaired intelligence score for 40 700, Preston?

Accepted Answer

This property has a Propaired intelligence score of 56/100, combining deal value (65), recreation access (60), amenity proximity (94), broadband quality (N/A), and lifestyle features (1 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 28

What heating and cooling systems does 40 700, Preston have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 29

What type of roof does 40 700, Preston have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 15-year-old home, reviewing recent roof inspections is recommended.

Question 30

Does 40 700, Preston have a basement?

Accepted Answer

Yes, the basement is described as: None. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 31

What is 40 700, Preston constructed from?

Accepted Answer

Construction materials include: Stone. Stone construction provides exceptional durability and a premium aesthetic.

Question 32

What type of flooring does 40 700, Preston have?

Accepted Answer

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

Question 33

What are the water and sewer connections for 40 700, Preston?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 34

What shopping and dining is near 40 700, Preston?

Accepted Answer

The nearest restaurant is Preston's Finest BURGERS & SHAKES (0.6 miles away) and the nearest grocery store is Stokes Market (0.5 miles). Coffee: King's Kôfē (0.4 mi). Banking: Cache Valley Bank (0.3 mi). Overall amenity proximity score: 94/100.

Question 35

What would homeowner's insurance cost for 40 700, 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 $467,500, expect approximately $1,403-$2,338/year ($117-$195/month).   Get multiple quotes — rates vary significantly by insurer.

Question 36

What are the estimated closing costs for 40 700, Preston?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $467,500, expect approximately $9,350-$23,375 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 37

How does the property tax compare to the list price at 40 700, Preston?

Accepted Answer

The annual property tax of $1,840 represents an effective rate of 0.39% relative to the list price of $467,500. 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 38

What are the total estimated monthly costs for 40 700, Preston?

Accepted Answer

Estimated total monthly housing cost: $2,624. This includes principal & interest ($2,315 at 6.30% with 20% down), property tax ($153/mo), and estimated insurance (~$156/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 39

Is 40 700, Preston eligible for FHA or VA financing?

Accepted Answer

At $467,500, 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 40

Could 40 700, Preston be a 1031 exchange property?

Accepted Answer

Yes, 40 700, 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 41

How does 40 700, Preston compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $501,500. This listing is 7% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $468,650. Comparable analysis is based on similar size, age, and location.

Question 42

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 43

Is 40 700, Preston overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 7% below comparable homes, this property appears competitively priced. Deal score: 65/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 44

What school district is 40 700, Preston in?

Accepted Answer

This property is in the PRESTON  JOINT school district. Assigned elementary: Oakwood. Assigned middle: Preston. Assigned high: Preston. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 45

What parks are near 40 700, Preston?

Accepted Answer

The nearest local park is Preston City Craner Recreational Complex (0.4 miles away). The nearest state park is Bear Lake State Park (25.8 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 46

What water activities are near 40 700, Preston?

Accepted Answer

Water recreation near this property includes: Bear Lake (30.1 mi); boat ramp at Cutler Reservoir 6200 N (17.7 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 47

Is 40 700, Preston move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 48

Does 40 700, 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 49

What is the lot like at 40 700, Preston?

Accepted Answer

The lot is 0.29 acres. Lot features: Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain. Terrain: Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 50

What utilities are available at 40 700, Preston?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Public. 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.

Question 51

Does 40 700, Preston have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 52

Is there EV charging near 40 700, Preston?

Accepted Answer

The nearest EV charging station is EV Charger, approximately 22.4 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers.

Question 53

Is 40 700, Preston a historic or character home?

Accepted Answer

This property has been identified as a historic or character home, meaning it features distinctive architectural details, craftsmanship, or historical significance. Built in 2011, it represents mid-century design elements. Architectural style: Rambler/Ranch. Historic homes may qualify for preservation tax credits. Consider potential limitations on exterior modifications if in a historic district.

40 700, Preston, ID 83263

40 E 700 S, Preston, ID 83263

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