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Single Family ResidenceResidential
$1,696,117$456 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 72How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

5 BALSAM LN

FREEPORT, ME 04032
3
Beds
2.5
Baths
3,722 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
7.43 ac
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$1.7M
$1.2M low$2.2M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$17,159 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,238,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$295,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$943,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,224,800

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.26 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCUMBERLAND
Lot (acres)The size of the land the home sits on, from county records.7.43
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood Shingle
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Freeport High SchoolA
High · Grades 9–12 · 3.1 mi
E
Morse Street School
Elementary · Grades PK–2 · 3.3 mi
M
Freeport Middle SchoolA+
Middle · Grades 6–8 · 3.7 mi

District: Regional School Unit 05

Neighborhood · ZIP 04032These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.101
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.79

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.9,251
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.188 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$109,884
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$131,704
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5 Balsam Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 97% of homes in Cumberland County
  • Costs more per square foot than 66% of homes in Cumberland County
  • Bigger than 96% of homes in Freeport 04032
  • Has a bigger lot than 96% of homes in Cumberland County

What homes are worth in Freeport 04032

Each bar is how many homes fall in that price range. The marker is this home.

This home
$321K$2.4M

This home is worth more than 94% of homes in Freeport 04032.

How it measures up in Freeport 04032

The dot is this home. The mark in the middle is the typical home in Freeport 04032.

Estimated value$1,696,117
CheaperTypical $765,254Pricier

Pricier than 94% of homes nearby

Price per ft²$456
CheaperTypical $431Pricier

Pricier than 56% of homes nearby

Living area3,722 ft²
SmallerTypical 1,710 ft²Bigger

Bigger than 96% of homes nearby

Lot size7.43 ac
SmallerTypical 1.84 acBigger

Bigger than 92% of homes nearby

Year built1987
OlderTypical 1987Newer

Newer than 50% of homes nearby

How 5 Balsam Ln ranks against every home in each area.
MeasureThis homeFreeport 04032Cumberland County
Estimated valuepricier than$1,696,11794% of homes97% of homes
Price per ft²pricier than$45656% of homes66% of homes
Living areabigger than3,722 ft²96% of homes96% of homes
Lot sizebigger than7.43 ac92% of homes96% of homes
Year builtnewer than198750% of homes61% of homes

About 5 Balsam Ln

How much is 5 Balsam Ln, Freeport, ME worth?

The TopHap Estimate for 5 Balsam Ln, Freeport, ME is $1,696,117 as of Oct 21, 2026. The likely range is $1,219,703 to $2,172,531. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Balsam Ln, Freeport, ME last sell?

5 Balsam Ln, Freeport, ME last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5 Balsam Ln, Freeport, ME?

5 Balsam Ln, Freeport, ME has 3 bedrooms, 2.5 bathrooms, 3,722 square feet of living space and a 7.43-acre lot.

When was 5 Balsam Ln, Freeport, ME built?

5 Balsam Ln, Freeport, ME was built in 1987, making it 39 years old. The building has 2 stories.

What schools serve 5 Balsam Ln, Freeport, ME?

5 Balsam Ln, Freeport, ME is assigned to Freeport High School (high), rated A; Morse Street School (elementary); Freeport Middle School (middle), rated A+. All sit in Regional School Unit 05. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Balsam Ln, Freeport, ME compare to other homes in Freeport 04032?

Among the 3,671 homes in Freeport 04032, it is worth more than 94% of them ($1,696,117 against a typical $765,254), its price per square foot is higher than 56% of them ($456 against a typical $431), it is bigger than 96% of them (3,722 ft² against a typical 1,710 ft²), its lot is bigger than 92% of them (7.43 ac against a typical 1.84 ac) and it is newer than 50% of them (1987 against a typical 1987). Measured against all of Cumberland County, it is worth more than 97% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Balsam Ln, Freeport, ME?

The 2025 property tax bill for 5 Balsam Ln, Freeport, ME was $17,159. The county assessed it at $1,238,900.

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Assigned schools

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