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40 Falls Ave

Granite Falls, NC 28630

3 bd 3 ba 1,894 sqft Built 1930 Lot 13,068 sqft single_family
Most recent sale
$380,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $380,000 MLS #235685
Feb 14, 2022 Listed $375,000 MLS #235685
Nov 18, 2020 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,100 $15,200 $325,300 $2,067
2023 $68,600 $15,200 $83,800 $545
2022 $68,600 $20,300 $88,900 $577
2021 $68,600 $20,300 $88,900 $578
2020 $60,900 $20,300 $81,200 $529
2019 $60,900 $20,300 $81,200 $529
2018 $60,900 $20,300 $81,200 $893
2017 $60,900 $20,300 $81,200 $893
2016 $60,900 $20,300 $81,200 $536
2015 $60,900 $20,300 $81,200 $507
2014 $60,900 $20,300 $81,200 $507
2013 $60,900 $20,300 $81,200 $507
2012 $66,200 $20,300 $86,500 $565
2011 $66,200 $20,300 $86,500 $579
2010 $66,200 $20,300 $86,500 $591
2009 $66,200 $20,300 $86,500 $591
2008 $66,200 $20,300 $86,500 $588

Property facts

Year built
1930
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,894 sqft
Lot size
13,068 sqft
ZIP code
28630
City
Granite Falls
Street
Falls Ave
Coordinates
35.79918, -81.42643

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
$2,557
Gross rental yield
8.07%
Implied cap rate
5.25%
Trend-extrapolated value

Frequently asked questions

When did 40 Falls Ave last sell?
40 Falls Ave most recently sold on Mar 31, 2022 for $380,000.
What is the current tax assessment for 40 Falls Ave?
The most recent total assessment for 40 Falls Ave (year 2025) is $325,300 with $2,067 in property tax.
How does 40 Falls Ave's assessment compare to its last sale price?
The current assessment is 14.4% below the last sale price of $380,000.
When was 40 Falls Ave built?
40 Falls Ave was built in 1930.
How does 40 Falls Ave compare to others on Falls Ave?
We track 8 other properties on Falls Ave. Browse the list under "Other properties on Falls Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Falls Ave?
40 Falls Ave is a 3 bed, 3 bath, 1,894 sqft, 13,068 sqft lot single_family.
Is 40 Falls Ave a flip candidate?
Yes — 40 Falls Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Falls Ave a tax-appeal candidate?
No — 40 Falls 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
+3.8%
Implied 1-yr
+15.3%
2026 Q3
$460.7K
2026 Q4
$474.8K
ZIP 28630 — Median Price History + Forecast

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