Question 1

What is the asking price for 240 STATE, Preston?

Accepted Answer

240 STATE, Preston is listed at $360,000 ($306/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 240 STATE, Preston have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 1,178 square feet of living space. It is a 1-story home. The lot is 0.48 acres.

Question 3

When was 240 STATE, Preston built?

Accepted Answer

This property was built in 1986, making it 40 years old. Homes from this era often feature solid construction. Buyers should review the condition of the roof, HVAC, and plumbing.

Question 4

What type of property is 240 STATE, Preston?

Accepted Answer

240 STATE, Preston is a Residential (Single Family Residence). The architectural style is Patio Home.  Zoning: Single-Family, Commercial.

Question 5

Does 240 STATE, Preston have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 240 STATE, 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 240 STATE, Preston?

Accepted Answer

Annual property taxes for this property are approximately $2,244 (about $187/month). This represents an effective tax rate of approximately 0.62% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 240 STATE, Preston?

Accepted Answer

Interior features include: Bath: Primary, Range/Oven: Free Stdng.. Exterior features include: Double Pane Windows, Out Buildings, Lighting, Patio: Covered, Storm Doors. The home has 1 fireplace.

Question 9

Is 240 STATE, Preston a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 100/100. Key deal signals: Priced 14% below similar homes; 16.0% year-over-year market appreciation. The price is 14% 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 $419,450 (based on 10 homes). At $360,000, this listing is 14% below the median for comparable homes. It ranks #Below Similar among similar listings by value.

Question 11

What would the monthly mortgage payment be for 240 STATE, Preston?

Accepted Answer

At the current 30-year mortgage rate of 6.66% with 20% down, the estimated monthly principal and interest payment is $1,851. Including estimated taxes, the total monthly cost is approximately $2,038. A 15-year mortgage at 6.04% would be $2,437/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 240 STATE, Preston been on the market?

Accepted Answer

This property has been listed for 4 days. The average days on market in Preston is 98 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.

Question 13

What lifestyle features does 240 STATE, Preston offer?

Accepted Answer

Propaired's AI has identified 1 lifestyle feature for this property: Fixer-Upper. The primary lifestyle niche is "fixer_upper." These tags are derived from MLS data, property features, and location analysis.

Question 14

Is 240 STATE, Preston a fixer-upper?

Accepted Answer

This property has been identified as a fixer-upper opportunity, meaning it may need renovation or updates but is priced accordingly. At 14% below comparable homes, there is potential upside after improvements. Get a thorough home inspection and renovation estimates before making an offer. An FHA 203(k) or Fannie Mae HomeStyle renovation loan may be applicable.

Question 15

What recreation is near 240 STATE, Preston?

Accepted Answer

This property has a recreation score of 60/100. Nearby recreation includes: High Creek trailhead (12.1 mi); Preston Community Park park (0.4 mi); Bear Lake State Park (26.1 mi). Skiing: Cherry Peak (13.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 16

What amenities and services are near 240 STATE, Preston?

Accepted Answer

This property has an amenity proximity score of 94/100. Nearby services include: Grocery: Stokes Market (0.7 mi); Hospital: Franklin County Medical Center (0.3 mi); Pharmacy: Preston Drug (0.3 mi); Dining: Big J Burgers (0.2 mi). Gas station: 0.2 miles. Gym: Fit Factory (0.4 mi).

Question 17

How far is the nearest hospital from 240 STATE, Preston?

Accepted Answer

The nearest hospital is Franklin County Medical Center, approximately 0.3 miles from the property. The nearest fire station is 6.4 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 18

What schools serve 240 STATE, Preston?

Accepted Answer

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

Question 19

What high school is near 240 STATE, 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 240 STATE, 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 240 STATE, Preston?

Accepted Answer

The nearest middle school is Preston.

Question 22

Is 240 STATE, 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

240 STATE, Preston is listed at $360,000, which is below the Preston median of $445,000 by $85,000. There are currently 66 active listings in Preston. Homes in Preston sell in an average of 98 days. The average sale-to-list ratio is 97.6%.

Question 24

What is the Preston real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Preston is $445,000. There are currently 66 active listings. Homes sell in an average of 98 days. The average sale-to-list ratio is 97.6%. This listing at $360,000 is below the Preston 2026 median.

Question 25

Are there other homes for sale in Preston?

Accepted Answer

Yes — there are currently 66 active listings in Preston. Browse all Preston homes for sale at propaired.ai/listings/id/preston. Prices range around a median of $445,000. Homes in Preston are selling in about 98 days on average.

Question 26

How does this price compare to the Utah state average?

Accepted Answer

At $360,000, this property is below the Utah state median of $525,000 by $165,000. Preston prices are 15% 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 240 STATE, Preston?

Accepted Answer

This property has a Propaired intelligence score of 68/100, combining deal value (100), 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 type of roof does 240 STATE, 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 40-year-old home, reviewing recent roof inspections is recommended.

Question 29

Does 240 STATE, Preston have a basement?

Accepted Answer

Yes, the basement is described as: None,Slab. 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 30

What is 240 STATE, Preston constructed from?

Accepted Answer

Construction materials include: Aluminum,Brick. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 31

What type of flooring does 240 STATE, Preston have?

Accepted Answer

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

Question 32

What are the water and sewer connections for 240 STATE, 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 33

What shopping and dining is near 240 STATE, Preston?

Accepted Answer

The nearest restaurant is Big J Burgers (0.2 miles away) and the nearest grocery store is Stokes Market (0.7 miles). Coffee: King's Kôfē (1.2 mi). Banking: Ireland Bank (0.3 mi). Overall amenity proximity score: 94/100.

Question 34

What would homeowner's insurance cost for 240 STATE, 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 $360,000, expect approximately $1,080-$1,800/year ($90-$150/month).   Get multiple quotes — rates vary significantly by insurer.

Question 35

What are the estimated closing costs for 240 STATE, Preston?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $360,000, expect approximately $7,200-$18,000 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 36

How does the property tax compare to the list price at 240 STATE, Preston?

Accepted Answer

The annual property tax of $2,244 represents an effective rate of 0.62% relative to the list price of $360,000. This is near the Utah average effective rate of approximately 0.58%. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 37

What are the total estimated monthly costs for 240 STATE, Preston?

Accepted Answer

Estimated total monthly housing cost: $2,158. This includes principal & interest ($1,851 at 6.66% with 20% down), property tax ($187/mo), and estimated insurance (~$120/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 38

Is 240 STATE, Preston eligible for FHA or VA financing?

Accepted Answer

At $360,000, this property is likely within FHA loan limits for most Utah counties. VA loans have no price cap but require VA eligibility.  FHA 203(k) renovation loans may be an option for this property.  Consult a mortgage lender for personalized eligibility.

Question 39

Could 240 STATE, Preston be a 1031 exchange property?

Accepted Answer

Yes, 240 STATE, 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 40

How does 240 STATE, Preston compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $419,450. This listing is 14% below the comparable median. It ranks Below Similar among similar listings by value. The median for this property type specifically is $484,500. Comparable analysis is based on similar size, age, and location.

Question 41

Is the Preston neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 16.0% over the past year. The current Zillow Home Value Index for this area is $92,623. This listing is priced at 389% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 42

What is the price trend in Preston?

Accepted Answer

Preston's median price has decreased 8.1% month-over-month. Current median: $445,000. Days on market have decreased by 45.0% month-over-month. Homes are selling at 97.6% of list price on average. Monitor these trends to time your offer strategically.

Question 43

Is 240 STATE, Preston overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Great Deal (vs Similar)." At 14% below comparable homes, this property appears competitively priced. Deal score: 100/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 44

What school district is 240 STATE, 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 240 STATE, Preston?

Accepted Answer

The nearest local park is Preston Community Park (0.4 miles away). The nearest state park is Bear Lake State Park (26.1 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 240 STATE, Preston?

Accepted Answer

Water recreation near this property includes: Bear Lake (30.4 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 240 STATE, Preston move-in ready?

Accepted Answer

This property has been identified as a fixer-upper and likely requires renovation before occupying.

Question 48

What updates might 240 STATE, Preston need?

Accepted Answer

At 40 years old, common updates to consider include: roof replacement (if original), HVAC system update, electrical panel upgrade, water heater replacement. Current roof: Metal.  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 49

Does 240 STATE, 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 50

What is the lot like at 240 STATE, Preston?

Accepted Answer

The lot is 0.48 acres. Lot features: Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks. Terrain: Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Terrain, Flat.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 51

What utilities are available at 240 STATE, Preston?

Accepted Answer

Available utilities include: 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 52

Is there EV charging near 240 STATE, Preston?

Accepted Answer

The nearest EV charging station is ChargePoint Charging Station, approximately 26.3 miles from the property. With a 3-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.

240 STATE, Preston, ID 83263

240 N STATE ST, Preston, ID 83263

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Short-Term Rental

Recreation & Amenities

Recreation Nearby
Score: 60/100

Amenities Nearby
Score: 94/100

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Preston Market Context

Connect with a Buyer’s Agent

Similar Homes

$195,000

$275,000

$320,000

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$439,900

Find Your Dream Home

Frequently Asked Questions

Discover

240 STATE, Preston, ID 83263

240 N STATE ST, Preston, ID 83263

About This Property

Features & Amenities

Property Info

Financial

Structure & Systems

Parking

Property Intelligence

Lifestyle

Flood Zone

Deal Analysis

Investment Potential

Short-Term Rental

Recreation & Amenities

Recreation NearbyScore: 60/100

Amenities NearbyScore: 94/100

All Property Details

Property Info

Bedrooms & Baths

Financial

Structure

Lot & Land

Parking

Amenities

Utilities

Schools

Timeline

Preston Market Context

Connect with a Buyer’s Agent

Similar Homes

$195,000

$275,000

$320,000

$550,000

$439,900

Find Your Dream Home

Frequently Asked Questions

Discover

Recreation Nearby
Score: 60/100

Amenities Nearby
Score: 94/100