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222 Forest Avenue
Score
78
Orono, ME

222 Forest Avenue

355K
2 bd • 1 ba • 1,116 sf

This analysis was generated on 8/20/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$355,000
-1%vs 04473
Price/Sq.Ft
$318
+59%vs 04473
Above Estimated Range
4.4% above range

Current Price

$355,000

Estimated Range

$310,000 - $340,000

$355,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$320,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects the necessary renovations and market conditions. The seller's likely motivation due to high DOM supports this strategy.

AI Analysis Score
78
69
Home Condition
73
Natural Light
90
Value
72
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Outdated Kitchen
Outdated Kitchen

Outdated Kitchen

The kitchen features outdated cabinets, countertops, and flooring. The appliances are also older and may need replacing soon.

Worn Wood Floors
Worn Wood Floors

Worn Wood Floors

The wood floors throughout the house show signs of wear and tear, including scratches, dents, and discoloration. They need refinishing to restore their original beauty.

Weathered Wood Siding
Weathered Wood Siding

Weathered Wood Siding

The wood siding on the exterior shows signs of weathering and could benefit from staining or sealing to protect it from the elements.

Basic Outdoor Shower
Basic Outdoor Shower

Basic Outdoor Shower

The outdoor shower area is very basic and lacks privacy. The propane tank is exposed and could be a safety concern.

Unfinished Interior
Unfinished Interior

Unfinished Interior

The interior has an unfinished look, with exposed framing and basic finishes. This may not appeal to all buyers.

Weathered Deck
Weathered Deck

Weathered Deck

The deck appears to be in need of some maintenance, with weathered wood and potentially loose railings. It may need to be repaired or replaced.

Outbuildings Need Updates
Outbuildings Need Updates

Outbuildings Need Updates

The outbuildings, including the greenhouse and shed, are functional but could benefit from some updates. They may need repairs or new paint.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Apr
2025
$355,000Financed
April 11, 2025
From:Collin Zelinsky
To:Chan G Lee
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$355,000
-30%List: $355,000+30%
20%
$71,000of $355,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,491/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$95,153
Closing Costs
+$24,153
Down Payment
$71,000
Buyer Agent Fee
$9,053
Loan Fees
$2,840
Title & Escrow
$2,130
Inspections
$900
Transfer Tax
$3,905
Prepaid Expenses
$5,325

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
130 days
vs 44 day average
This home has been listed for 130 days, while homes in this area typically sell in 44 days
Inventory Health
21
homes for sale
8 homes sold last month, indicating 2.6x more supply than demand
Price Dynamics
97.7%
of asking price
Homes typically sell for 2.3% below asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$380,000
Current median price
+2.7%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests softening
Prices are down 2.8% over the last 3 months
3 Months
-2.8%
6 Months
+33.6%
1 Year
+2.7%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales increasing 66.7% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$380,000
3 Months Ago
$192,450
+97.5%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$355,000
Price/sqft
$318
Layout
2 bd1 ba
Days on market
130 daysat time of analysis

Stats in the Area

Based on 2 comparable properties nearby

Average Price

$159,000

123.3%

Your price is 123.3% above average

Median Price

$270,000

31.5%

Based on 2 recent sales

Price per Sq.Ft

$135

135.6%

Your price is 135.6% above average $/sqft

Comparable Properties

227 Forest Avenue, Orono, ME 04473
Price: $270,000
Sq.Ft: 1,236
Beds/Baths: 2/2
$/Sq.Ft:
$21831.3%
Sale Date: 5/14/2025
10 Schoppe Drive, Orono, ME 04473
Price: $48,000
Sq.Ft: 924
Beds/Baths: 2/2
$/Sq.Ft:
$5283.7%
Sale Date: 6/2/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Low Climate Risk

This property has minimal climate-related risks

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the foundation for cracks, especially around the older sections of the farmhouse and the guest cabin.

Thoroughly inspect the roof of both the main house and the guest cabin, paying close attention to flashing around chimneys and vents, and looking for signs of leaks or damage.

Inspect the wood-burning stove and direct vent heater for proper installation, venting, and overall condition. Look for signs of rust or damage.

Examine the electrical panel for proper labeling, adequate amperage, and any signs of overheating or damage.

Specifically check the crawl space (if accessible) or basement for moisture, mold, and proper ventilation.

Educational Questions

Sample questions for educational purposes

Can you provide documentation of the roof replacement on the main house, including the date of installation and warranty information?

Are there any known issues with pests, such as rodents or insects, in the house, guest cabin, or outbuildings?

Are there any known issues with the electrical wiring or plumbing in the house or guest cabin?

Has the property been tested for radon, and if so, what were the results? If not, is the seller willing to allow a radon test?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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