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31 Hidden Lane
Score
74
Bremen, ME

31 Hidden Lane

645K
4 bd • 3 ba • 3,913 sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

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Property Overview

List Price
$645,000
-12%vs 04551
Price/Sq.Ft
$165
-69%vs 04551
Above Estimated Range
3.2% above range

Current Price

$645,000

Estimated Range

$600,000 - $625,000

$645,000
Below Market-20%
Above Market+20%

*AI analysis for educational purposes only - NOT a professional appraisal. Consult licensed appraisers for property valuations.*

Market Data Points

4 data points for educational exploration

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

Recent Comparable Range (Educational Only)

$615,000

Based on recent sales data. NOT a professional appraisal or offer recommendation.

Model Confidence:High(75%)
*Based on data quality & coverage*

AI Rationale

The recommended offer of $615,000 reflects the property's fair market value, considering its condition and the market's transition to a buyer's market. The offer accounts for the estimated $27,000 in necessary updates to the kitchen and bathrooms, the $8,000 for exterior paint and trim, and the $5,000 for landscaping improvements. The extended DOM of 139 days further supports this offer price.

AI Analysis Score
74
72
Home Condition
83
Natural Light
79
Market Data
68
Location

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

Visual Insights

AI-analyzed spaces with reimagining capabilities

Exterior Paint
Exterior Paint

Exterior Paint

The exterior paint on the siding and trim appears faded and possibly peeling in areas, indicating the need for a fresh coat.

Overgrown Landscaping
Overgrown Landscaping

Overgrown Landscaping

The landscaping around the property is overgrown, potentially blocking views and access to certain areas.

Outdated Bathroom Fixtures
Outdated Bathroom Fixtures

Outdated Bathroom Fixtures

The bathroom features outdated fixtures, including the vanity, sink, and toilet, which detract from the overall appeal.

Dated Kitchen Cabinets
Dated Kitchen Cabinets

Dated Kitchen Cabinets

The kitchen cabinets are outdated in style and finish, impacting the kitchen's overall aesthetic.

Outdated Bathroom Tile
Outdated Bathroom Tile

Outdated Bathroom Tile

The bathroom features outdated tile work, including the floor and wall tiles, which could benefit from modernization.

Dated Bathroom Tile and Fixtures
Dated Bathroom Tile and Fixtures

Dated Bathroom Tile and Fixtures

The bathroom features outdated tile, cabinetry, and fixtures, including a large, jetted tub with wood paneling.

Basement Paneling
Basement Paneling

Basement Paneling

The wood paneling in the basement is dated and darkens the space.

Garage Door
Garage Door

Garage Door

The garage door appears faded and possibly dented, suggesting age and wear.

Outdated Ceiling Fan
Outdated Ceiling Fan

Outdated Ceiling Fan

The brass ceiling fan in the master bedroom is dated and detracts from the room's aesthetic.

Exposed Basement Utilities
Exposed Basement Utilities

Exposed Basement Utilities

The exposed pipes and wiring in the basement ceiling are unsightly.

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.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$645,000
-30%List: $645,000+30%
20%
$129,000of $645,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,709/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$172,148
Closing Costs
+$43,148
Down Payment
$129,000
Buyer Agent Fee
$16,448
Loan Fees
$5,160
Title & Escrow
$3,870
Inspections
$900
Transfer Tax
$7,095
Prepaid Expenses
$9,675

* 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
139 days
vs 37 day average
This home has been listed for 139 days, while homes in this area typically sell in 37 days
Inventory Health
10
homes for sale
1 homes sold last month, indicating 10.0x more supply than demand
Price Dynamics
98.0%
of asking price
Homes typically sell for 2.0% below asking price

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

Historical market data is not available

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 3 moderate risk factors

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

Thoroughly inspect the basement for signs of water damage, including stains, mold, and musty odors, especially near the walls and floor.

Educational Questions

Sample questions for educational purposes

Given the history of price changes and rental listings, what is the seller's primary motivation for selling and are they flexible on the price?

Can you provide documentation of any repairs or upgrades made to address the severe flood risk identified in the climate risk assessment?

Are there any known issues with the well or septic system? When were they last inspected and what were the results?

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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