NOT LISTED FOR SALE

111 Chases Grove Rd Derry, NH 03038

Estimated Value: $302,000 - $374,000

2 Beds
1 Bath
936 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $145,000 $155 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,593/month

58 Days on Market

Highlights

  • Community Beach Access
  • Water Access
  • Vaulted Ceiling
  • Boat Dock
  • Clubhouse
  • Recreation Facilities

About This Home

As of April 2021

BACK ON THE MARKET: Come take advantage of "lake living" at Big Island Pond! Enjoy year-round fun in this cozy single-family home just 1/8 of a mile from one of the largest recreational water bodies in Southern NH. Open layout offers a kitchen/dining area and living room (w/ raised ceiling to enhance the sense of spaciousness) and first floor laundry. Within the last ten years, home has had a new roof, new furnace, new windows and new septic system added, among other upgrades. The property includes a 12x25 outbuilding, which could be the perfect spot for a game room or work shop. Enjoy the association amenities: house is a short walk to the beach, clubhouse, and boat moorings or slip (depending on availability). The land is owned in common by Chases Grove Homeowners Association creating a cooperative style of property ownership (land lease). The location is in relative proximity to the Manchester-Boston Reg Airport, the beaches on the seacoast, and all that southern-NH has to offer. HOA fee is 240.00 per month. HOA does criminal and background check on all prospective buyers, who must be approved by HOA before purchase can be completed. When approved, buyer must pay HOA a "buy-in fee" of $1,000, plus $255 security deposit, in addition to the first month association fee. According to the management company, the residences in CGHA cannot be rented (investors take note). Property being offered "as is". It needs some work to the substructure.

Last Listed By

Jeffrey Brown

American Dream Real Estate Associates, L License #069647 Listed on: 12/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,663

Year Built

  • Built in 1940

Lot Details

  • Level Lot

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Water Access
  • Shared Private Water Access
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Propane
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 168 / 091

Community Details

Overview

  • Association fees include recreation, trash
  • Master Insurance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Boat Launch
  • Community Beach Access
  • Recreation Facilities
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,663

Year Built

Built in 1940

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 154.91
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1940
  • Remarks Public: BACK ON THE MARKET: Come take advantage of "lake living" at Big Island Pond! Enjoy year-round fun in this cozy single-family home just 1/8 of a mile from one of the largest recreational water bodies in Southern NH. Open layout offers a kitchen/dining area and living room (w/ raised ceiling to enhance the sense of spaciousness) and first floor laundry. Within the last ten years, home has had a new roof, new furnace, new windows and new septic system added, among other upgrades. The property includes a 12x25 outbuilding, which could be the perfect spot for a game room or work shop. Enjoy the association amenities: house is a short walk to the beach, clubhouse, and boat moorings or slip (depending on availability). The land is owned in common by Chases Grove Homeowners Association creating a cooperative style of property ownership (land lease). The location is in relative proximity to the Manchester-Boston Reg Airport, the beaches on the seacoast, and all that southern-NH has to offer. HOA fee is 240.00 per month. HOA does criminal and background check on all prospective buyers, who must be approved by HOA before purchase can be completed. When approved, buyer must pay HOA a "buy-in fee" of $1,000, plus $255 security deposit, in addition to the first month association fee. According to the management company, the residences in CGHA cannot be rented (investors take note). Property being offered "as is". It needs some work to the substructure.
  • L A1 M M S I Memberkey: 611329
  • List Agent: 23524
  • L O1 M M S I Officekey: 72971
  • S A1 M M S I Memberkey: 21461
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 74230
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range - Gas, Refrigerator
  • Features Interior: Ceiling Fan, Kitchen/Dining, Vaulted Ceiling, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Sq Ft - Apx Finished AG: 936
  • Sq Ft - Apx Total: 936
  • Sq Ft - Apx Total Finished: 936

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Block, Stone
  • Road Frontage: Yes
  • Roads: Association, Paved
  • Roof: Shingle - Architectural
  • Features Exterior: Outbuilding
  • Water Body Access: Yes
  • Water Body Type: Pond
  • Water Restrictions: Unknown
  • Water Access Details: Beach Access, Shared-Private
  • Water Body Name 2: Big Island Pond

Garage/Parking

  • Parking: Parking Spaces 3

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: 1250 Gallon, Leach Field, Private
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air, Hot Air
  • Cooling: Central AC
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 240
  • Fee Includes: Recreation, Trash
  • Association Amenities: Club House, Master Insurance, Recreation Facility, Beach Access, Boat Launch, Boat Slip/Dock, Common Acreage, Docks, Snow Removal, Trash Removal

Lot Info

  • Map: 04
  • Lot: 168
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 5821
  • Deed Page: 1615
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3663
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Mar 31, 2021
Sold by
Coco Emily
Bought by
Palmieri Daniel J
Seller's Agent
Jeffrey Brown
American Dream Real Estate Associates, L
Buyer's Agent
Kevin McRobbie
Leading Edge Real Estate
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Total Days on Market
58
Current Estimated Value
$332,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,937
Avg. Annual Appreciation
22.18%
Original Mortgage
$130,000
Outstanding Balance
$118,290
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,647

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 26, 2017
Sold by
Smith Larry L and Thompson Jay M
Bought by
Coco Emily
Seller's Agent
Michael Fecteau
KW Coastal and Lakes & Mountains Realty
Buyer's Agent
Jeffrey Brown
American Dream Real Estate Associates, L
List Price
$124,500
Sold Price
$123,750
Premium/Discount to List
-$750
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$120,038
Interest Rate
3.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 21, 2014
Closed on
Sep 4, 2014
Sold by
Lombari Steven
Bought by
Smith Larry L and Thompson Jay M
Seller's Agent
Susan Gouin
Century 21 North East
Buyer's Agent
Susan Gouin
Century 21 North East
List Price
$68,900
Sold Price
$54,000
Premium/Discount to List
-$14,900
-21.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.65%

Purchase Details

Closed on
Jul 28, 2010
Sold by
Vergato Joseph J
Bought by
Lombari Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palmieri Daniel J $145,000 None Available
Coco Emily $123,800 --
Smith Larry L $54,000 --
Lombari Steven $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmieri Daniel J $130,000
Previous Owner Coco Emily $120,038
Previous Owner Coco Emily $120,038
Previous Owner Lombari Steven $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $145,000 -3.3% $155 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $149,900 0.0% $160 / Sq Ft
02/16/2021 02/16/21 Price Changed $149,900 +3.4% $160 / Sq Ft
01/29/2021 01/29/21 Off Market $145,000 -- --
01/22/2021 01/22/21 For Sale $174,900 +20.6% $187 / Sq Ft
12/27/2020 12/27/20 Off Market $145,000 -- --
12/27/2020 12/27/20 Pending -- -- --
12/23/2020 12/23/20 Price Changed $174,900 +6.1% $187 / Sq Ft
12/23/2020 12/23/20 For Sale $164,900 +33.3% $176 / Sq Ft
05/25/2017 05/25/17 Sold $123,750 -0.6% $132 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $124,500 +130.6% $133 / Sq Ft
09/04/2014 09/04/14 Sold $54,000 -21.6% $58 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $68,900 0.0% $74 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $68,900 0.0% $74 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $68,900 -- $74 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,865 $313,800 $0 $313,800
2023 $4,643 $224,500 $0 $224,500
2022 $4,274 $224,500 $0 $224,500
2021 $3,726 $150,500 $0 $150,500
2020 $3,663 $150,500 $0 $150,500
2019 $3,659 $140,100 $0 $140,100
2018 $3,647 $140,100 $0 $140,100
2017 $2,681 $92,880 $0 $92,880
2016 $2,513 $92,880 $0 $92,880
2015 $2,403 $82,215 $0 $82,215
2014 $2,419 $82,215 $0 $82,215
2013 $1,832 $58,185 $0 $58,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4842367

PrimeMLS

APN: DERY-000004-000091-000168