by RH Advisors

See Home Value
Listed by: Arthur Durkin, Keller Williams Realty Success, 978-475-2111 Selling Office: Keller Williams Realty Success, Listing Courtesy of Prime MLS
$549,900
● House - Off Market

40 Lou

Salem, NH 03079
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,511 Ft²
$3,286
Est. Monthly

About This Property

Welcome to 40 Lou Ave.  This well-maintained 3-bedroom, 2-bath split-entry home in Salem, NH, with valuable updates already completed. Improvements include a new boiler and updated bathrooms in 2022, an updated electrical panel and new Trex decking in 2024, a roof completed in 2020, and hardwood flooring added to the bedrooms in 2019. Inside, abundant natural light and a flexible layout create comfortable spaces for everyday living, working from home, or entertaining. Outside, the deck overlooks a spacious, private backyard with plenty of room for gatherings, gardening, recreation, or relaxing. Located in a quiet neighborhood with pleasant streets for walking, the home is just 5–10 minutes from groceries, coffee shops, parks, the library, restaurants, and gyms. The neighborhood connects to the town forest, providing a scenic one-mile walk to Millville Pond Beach. Convenient highway access also makes it easy to reach Boston, the New Hampshire mountains, and nearby beaches. This home combines practical updates, generous outdoor space, and everyday convenience in a desirable Salem location. Offer deadline Monday, 9/14 at 5 pm.
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$364
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1969

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Last updated: 22 days ago (Prime MLS #5108509)

Price History

Date / Event Date Event Price
Oct 22, 2026 Sold
Sold
Sep 15, 2026 In contract -
In contract
Sep 6, 2026 Listed by Keller Williams Realty Success $549,900
Listed by Keller Williams Realty Success
Mar 11, 2019 Sold
Sold
Oct 9, 2018 Listed by Keller Williams Realty Success $277,000
Listed by Keller Williams Realty Success
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Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,008
  • Gross Building Area: 2,226
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100200

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:67 B:7064 L:
  • Block: 7064
  • Municipality: SALEM
  • Latitude: 42.7998
  • Longitude: -71.2033

    Address

  • Full Address: 40 Lou Ave
  • Address - House Number: 40
  • Address - Street Name: Lou
  • Address - Suffix Type: Ave
  • State: NH
  • City Name: Salem
  • Carrier Code: C018
  • 4-Digit Zip Code: 2327
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $655,800

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 493,934
  • High Value: 579,031
  • Low Value: 408,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,700
  • Assessed Land Value: $163,100
  • Assessed Improvements Value: $223,600

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 11, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19007846
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Amount: $314,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockingham


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Unit for rent at 387 Main St., Salem, 03079

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387 Main St. #3, Salem, 03079 Listing by Daniel Mendonca
Unit for rent at 3 Shady, Salem, 03079

$3,400 /mo

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Frequently Asked Questions

When was property at 40 Lou Avenue built and last sold?
The property at 40 Lou Avenue was built in 1969 and last sold on Mar 8, 2019 for $290,000.
How much is this home worth?
The estimated value of the home located at 40 Lou Avenue is $531,797.
What are some comparable homes to 40 Lou Avenue?
There are currently no comparable homes to 40 Lou Avenue.