OFF MARKET

Off market jan 2022 for $450K

$604,213

•

1,863

sq ft

7 Preston Way, Cumberland, ME 04021

About this home

Possibility abounds with these two charming homes and large detached garage set on a private lane. The property boasts privacy with income potential with either one rental or two. Rent both homes or live in one. Garage offers extra storage above and in the rear shed. Garage may be able to converted into a dwelling with town approval. Enjoy the fencing for your dogs to run freely and the piece of mind with the whole house generator operating both homes. Relax by camp fires and view from your back yard. Use a home as an office or special work space. The opportunities are endless for that one special buyer. Water filtration installed in both houses. Fence was expanded in 2021. New water tanks and water filtration installed and new rubber and asphalt roof installed on cape. Septic inspected and passed.

Multi-familyProperty Type

1930Year Built

0.4 acresLot Size

$324Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Davian Akers • Keller Williams Realty

Bought with Tammy Caron • TLC Realty, LLC

Redfin checked: a minute ago

•Source:MREIS #1513404

Redfin Estimate

$604,213

$154K since sold in January 2022$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.1% lower than the average sale price ($611K) of 5 comparable homes.

SOLD JUN 30, 2026
$500,000
A
3 beds1 bath1,780 sq ft
32 Kathy Ln, Cumberland, ME 04021
SOLD SEP 10, 2026
$499,900
B
2 beds1 bath1,474 sq ft
19 Crystal Ln, Cumberland, ME 04021
SOLD JUL 27, 2026
$630,000
C
3 beds2 baths1,750 sq ft
23 Old Rd, Gray, ME 04039
SOLD JUN 18, 2026
$850,000
D
3 beds3 baths2,076 sq ft
16 Pleasant Valley Rd, Cumberland, ME 04021
SOLD AUG 24, 2026
$574,900
E
3 beds1.5 baths1,485 sq ft
80 Vista Dr, Windham, ME 04062

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$240,446

Est. take-home

List your home with Redfin and save $6,042

Market trends in 04021, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

1.6% MoM

Median sale price

$815K

$138K MoM

Avg. days on market

41d

12 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SUN, 12:30PM TO 2:30PM
$599,000
4 beds2 baths2,936 sq ft
304 Blanchard Rd, Cumberland, ME 04021
OPEN OCT 18, 10:30AM TO 12PM
$535,000
3 beds2.5 baths1,472 sq ft
4 Feldspar Ln #31, Cumberland Center, ME 04021
$895,000
3 beds2.5 baths2,754 sq ft
31 Westbranch Rd, Cumberland, ME 04021
See all

Provided by Redfin

Sale history for 7 Preston Way

Date

Event

Price

MREIS #1672548

Jul 22, 2026

Price Changed

$499,900

$268/sq ft

Jul 19, 2026

Listed

$549,900

$295/sq ft

MREIS #1656242

Jul 22, 2026

Price Changed

$499,900

$268/sq ft

May 14, 2026

Price Changed

$549,900

$295/sq ft

Apr 2, 2026

Listed

$575,000

$309/sq ft

MREIS #1629524

Oct 3, 2025

Price Changed

$550,000

$295/sq ft

Aug 17, 2025

Price Changed

$599,900

$322/sq ft

Jul 9, 2025

Listed

$649,900

$349/sq ft

MREIS #1513404

Jan 7, 2022

Sold

$450,000

$242/sq ft

Oct 28, 2021

Listed

$450,000

$242/sq ft

MREIS #1500355

Jul 13, 2021

Listed

$450,000

$242/sq ft

MREIS #1483290

Mar 4, 2021

Price Changed

$430,000

$231/sq ft

Mar 2, 2021

Listed

$449,000

$241/sq ft

MREIS #1481045

Mar 4, 2021

Price Changed

$430,000

$231/sq ft

Feb 2, 2021

Listed

$449,000

$241/sq ft

MREIS #1442769

Feb 24, 2020

Price Changed

$415,000

$223/sq ft

Jan 20, 2020

Listed

$425,000

$228/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,948 (+8.3%)

$87,000 + $149,200

$236,200

2024

$5,492 (+5.0%)

$87,000 + $149,200

$236,200

2023

$5,232 (+4.5%)

$87,000 + $149,200

$236,200

2022

$5,007 (+3.2%)

$87,000 + $149,200

$236,200

2021

$4,854 (+1.0%)

$87,000 + $149,200

$236,200

2020

$4,807 (+2.5%)

$87,000 + $149,200

$236,200

2019

$4,689 (+4.8%)

$87,000 + $149,200

$236,200

2018

$4,476 (+4.8%)

$87,000 + $140,200

$227,200

2017

$4,271 (+3.0%)

$87,000 + $140,200

$227,200

2016

$4,146 (+0.8%)

$87,000 + $140,200

$227,200

2015

$4,112 (+4.0%)

$87,000 + $140,200

$227,200

2014

$3,953 (+2.4%)

$87,000 + $140,200

$227,200

2013

$3,862

$87,000 + $140,200

$227,200

Tax history for 7 Preston Way

Year

Property tax

Land + Additions

Assessment*

2025

$5,948 (+8.3%)

$87,000 + $149,200

$236,200

2024

$5,492 (+5.0%)

$87,000 + $149,200

$236,200

2023

$5,232 (+4.5%)

$87,000 + $149,200

$236,200

2022

$5,007 (+3.2%)

$87,000 + $149,200

$236,200

2021

$4,854 (+1.0%)

$87,000 + $149,200

$236,200

2020

$4,807 (+2.5%)

$87,000 + $149,200

$236,200

2019

$4,689 (+4.8%)

$87,000 + $149,200

$236,200

2018

$4,476 (+4.8%)

$87,000 + $140,200

$227,200

2017

$4,271 (+3.0%)

$87,000 + $140,200

$227,200

2016

$4,146 (+0.8%)

$87,000 + $140,200

$227,200

2015

$4,112 (+4.0%)

$87,000 + $140,200

$227,200

2014

$3,953 (+2.4%)

$87,000 + $140,200

$227,200

2013

$3,862

$87,000 + $140,200

$227,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Cumberland County

APN

153960

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 5 - 10 Spaces, Paved, Detached
Vehicle Storage: 1 Car, Detached

Interior

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Walk-Out Access, Full, Unfinished

Interior Features
Interior Features: 1st Floor Primary Bedroom w/Bath
Accessibility Features: 32 - 36 Inch Doors, Level Entry
Door Features: Storm Door(s)
Flooring: Wood, Vinyl, Tile, Composition, Carpet
Other Equipment: Water Radon Mitigation System, Generator

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Exterior

Building Information
Construction Materials: Vinyl Siding, Masonry, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Roof: Shingle
Total Building Area (Sq. Ft.): 1,863

Property Information
Year Built: 1930
Above-Grade Finished Area (Sq. Ft.): 1,863

Lot Information
Lot Size (Sq. Ft.): $17,424
Lot Size (Acres): 0.4
Lot Size Source: Public Records
Lot Features: Level, Near Town, Rural
Road Frontage Type: Private Road
Road Surface Type: Paved
Zoning: VOC1

Financial

Tax Information
Annual Tax Amount: $4,807
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Space Heater, Baseboard, Hot Air
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private
Water Heater: Electric

Location

Multi-Unit Information
# of Units Total: 2
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
Operating Expense: $15,000
Gross Income: $45,600

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,900
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Location Information
Unparsed Address: 7 Preston Way, Cumberland, ME 04021

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Cumberland County
APN: 153960

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Mabel I Wilson School

Public PreK-3 • Assigned • 3.1mi

10/10

Greely Middle School

Public 6-8 • Assigned • 3.1mi

10/10

Greely High School

Public 9-12 • Assigned • 3.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 91° expected this year, 16 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Cumberland, ME • 04021

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$575,000 – $695,000

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Nearby similar homes

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OPEN OCT 18, 10:30AM TO 12PM

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New listings for sale in 04021

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Home values near 7 Preston Way

Data from public records.

Address	Redfin Estimate
14 Mill Road, Cumberland, ME 3 Beds \| 3.5 Baths \| 3057 Sq. Ft.	$960,220
9 Interurban Drive, Cumberland, ME 3 Beds \| 2.5 Baths \| 2839 Sq. Ft.	$741,159

Address	Redfin Estimate
25 Interurban Drive, Cumberland, ME 3 Beds \| 1.5 Baths \| 2034 Sq. Ft.	$618,996
156 Gray Road, Cumberland, ME 4 Beds \| 3 Baths \| 3388 Sq. Ft.	$723,673

Address	Redfin Estimate
155 Gray Road, Cumberland, ME 3 Beds \| 2 Baths \| 1960 Sq. Ft.	$656,569
5 Mill Road, Cumberland, ME 3 Beds \| 1.5 Baths \| 2048 Sq. Ft.	$506,727

Property information provided by MREIS when last listed in 2021. This data may not match . Learn more.

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