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40 Granite Ave

Salem, NH 03079

3 bd 3 ba 2,163 sqft Built 1940 Lot 38,333 sqft single_family
Most recent sale
$540,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $540,000 Public Record
Jun 30, 2022 Sold $540,000 PrimeMLS
May 18, 2022 Listed $516,000 MLS #4910609
Mar 24, 2022 Sold $516,000 Public Record
Oct 25, 2016 Listing removed $319,900 PrimeMLS
Oct 21, 2016 Sold $319,000 Public Record
Aug 12, 2016 Listed $319,900 MLS #4509721
Apr 23, 1999 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,900 $175,100 $428,000 $7,772
2023 $252,900 $175,100 $428,000 $7,259
2022 $246,000 $175,100 $421,100 $6,759
2021 $246,000 $175,100 $421,100 $6,729
2020 $160,800 $125,200 $286,000 $6,298
2019 $160,800 $125,200 $286,000 $6,286
2018 $160,800 $125,200 $286,000 $6,180
2017 $160,800 $125,200 $286,000 $5,960
2016 $160,800 $125,200 $286,000 $5,843
2015 $133,000 $124,000 $257,000 $5,497
2014 $133,000 $124,000 $257,000 $5,343
2012 $133,000 $124,000 $257,000 $5,289
2011 $133,000 $124,000 $257,000 $5,176
2009 $162,400 $165,200 $327,600 $4,603
2007 $162,400 $165,200 $327,600 $4,328

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,163 sqft
Lot size
38,333 sqft
ZIP code
03079
City
Salem
Street
Granite Ave
Coordinates
42.77722, -71.22206

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,245
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 40 Granite Ave last sell?
40 Granite Ave most recently sold on Jul 8, 2022 for $540,000.
What is the current tax assessment for 40 Granite Ave?
The most recent total assessment for 40 Granite Ave (year 2025) is $428,000 with $7,772 in property tax.
How does 40 Granite Ave's assessment compare to its last sale price?
The current assessment is 20.7% below the last sale price of $540,000.
When was 40 Granite Ave built?
40 Granite Ave was built in 1940.
How does 40 Granite Ave compare to others on Granite Ave?
We track 8 other properties on Granite Ave. Browse the list under "Other properties on Granite Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Granite Ave?
40 Granite Ave is a 3 bed, 3 bath, 2,163 sqft, 38,333 sqft lot single_family.
Is 40 Granite Ave a flip candidate?
No — 40 Granite Ave does not appear in our flips dataset.
Is 40 Granite Ave a tax-appeal candidate?
No — 40 Granite Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+11.0%
2026 Q3
$739.8K
2026 Q4
$757K
ZIP 03079 — Median Price History + Forecast

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