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Single Family ResidenceResidential
$498,255$480 / 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 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

5 LAKE AVE

GRAY, ME 04039
3
Beds
1
Baths
1,038 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.
0.41 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$498K
$429K low$568K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,997 (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.$516,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$331,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$185,100

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.171 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
StyleThe architectural style of the home, such as ranch or colonial.Cape Cod
CountyCUMBERLAND
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2004
Lot (acres)The size of the land the home sits on, from county records.0.41
ConstructionThe main material the home's frame and walls are built from.Concrete
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Space
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

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

M
Gray-New Gloucester Middle SchoolB-
Middle · Grades 5–8 · 3.0 mi
H
Gray-New Gloucester High SchoolC
High · Grades 9–12 · 3.3 mi
E
Russell School
Elementary · Grades KG–2 · 3.7 mi

District: School Administrative District 15

Neighborhood · ZIP 04039These 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.89
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.90

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.8,188
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.194 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,922
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119,323
Average tempThe average temperature here across a full year.45°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 Lake Ave 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.

  • Costs more per square foot than 83% of homes in Gray 04039
  • Smaller than 80% of homes in Cumberland County
  • Has a smaller lot than 85% of homes in Gray 04039
  • Older than 80% of homes in Gray 04039

What homes are worth in Gray 04039

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

This home
$254K$1M

This home is worth more than 47% of homes in Gray 04039.

How it measures up in Gray 04039

The dot is this home. The mark in the middle is the typical home in Gray 04039.

Estimated value$498,255
CheaperTypical $506,192Pricier

Pricier than 47% of homes nearby

Price per ft²$480
CheaperTypical $345Pricier

Pricier than 83% of homes nearby

Living area1,038 ft²
SmallerTypical 1,483 ft²Bigger

Bigger than 23% of homes nearby

Lot size0.41 ac
SmallerTypical 1.84 acBigger

Bigger than 15% of homes nearby

Year built1960
OlderTypical 1988Newer

Newer than 20% of homes nearby

How 5 Lake Ave ranks against every home in each area.
MeasureThis homeGray 04039Cumberland County
Estimated valuepricier than$498,25547% of homes37% of homes
Price per ft²pricier than$48083% of homes74% of homes
Living areabigger than1,038 ft²23% of homes20% of homes
Lot sizebigger than0.41 ac15% of homes41% of homes
Year builtnewer than196020% of homes35% of homes

About 5 Lake Ave

How much is 5 Lake Ave, Gray, ME worth?

The TopHap Estimate for 5 Lake Ave, Gray, ME is $498,255 as of Aug 30, 2026. The likely range is $428,957 to $567,553. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Lake Ave, Gray, ME last sell?

5 Lake Ave, Gray, ME last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5 Lake Ave, Gray, ME?

5 Lake Ave, Gray, ME has 3 bedrooms, 1 bathrooms, 1,038 square feet of living space and a 0.41-acre lot.

When was 5 Lake Ave, Gray, ME built?

5 Lake Ave, Gray, ME was built in 1960, making it 66 years old. It is a cape cod home. The building has 2 stories.

What schools serve 5 Lake Ave, Gray, ME?

5 Lake Ave, Gray, ME is assigned to Gray-New Gloucester Middle School (middle), rated B-; Gray-New Gloucester High School (high), rated C; Russell School (elementary). All sit in School Administrative District 15. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Lake Ave, Gray, ME compare to other homes in Gray 04039?

Among the 3,756 homes in Gray 04039, it is worth more than 47% of them ($498,255 against a typical $506,192), its price per square foot is higher than 83% of them ($480 against a typical $345), it is bigger than 23% of them (1,038 ft² against a typical 1,483 ft²), its lot is bigger than 15% of them (0.41 ac against a typical 1.84 ac) and it is newer than 20% of them (1960 against a typical 1988). Measured against all of Cumberland County, it is worth more than 37% 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 Lake Ave, Gray, ME?

The 2025 property tax bill for 5 Lake Ave, Gray, ME was $4,997. The county assessed it at $516,200.

More homes on Lake Ave

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Assigned schools

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See this home in context

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