NOT LISTED FOR SALE

15 Fordway St Derry, NH 03038

Estimated Value: $525,000 - $678,000

4 Beds
4 Baths
2,460 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $485,000 $197 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,696/month

3 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Partially Fenced Property
  • Patio
  • East Facing Home
  • Open Lot

About This Home

As of June 2024

Exceptional investment opportunity. Classic townhouse/duplex style 2 family home located in downtown Derry. Large, spacious units consisting of kitchen, dining room, living room, 2 bedrooms, 1 1/2 baths. Some hardwood flooring, tile, and carpeting. 1 unit has brand new carpeting in bedrooms, updated appliances. Full, unfinished walk out basements, laundry hook-ups, plenty of off street parking. Large fenced in yard for gatherings, vinyl siding, and more. Very easy property to manage, low expenses. Former tenants paying $1,600 per month plus utilities, but could easily rent for $1,800+ per month. Same owner for 25+ years. Needs some cosmetic updates, but turnkey units ready to be rented. Perfect for investor to add to portfolio, or owner occupy and collect rent for added income. Close to highways, schools, shopping, and restaurants making the location very convenient.

Last Agent to Sell the Property

Kim Florence

Coldwell Banker Realty Bedford NH Brokerage Phone: 603-582-8513 License #045533 Listed on: 06/03/2024

Coldwell Banker Realty Bedford NH

Last Buyer's Agent

Tom Bolduc

Keller Williams Realty-Metropolitan

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,627

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Open Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,460 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Units
  • Operating Expense $10,594

Listing and Financial Details

  • Tax Block 009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,627

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Route 102 to Fordway, property on the right
  • Construction: Existing
  • Exposure: East
  • Total Stories: 2
  • Price Per Sq Ft: 197.15
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3840
  • Sq Ft - Apx Total Finished: 2460
  • Year Built: 1900
  • Remarks Public: Exceptional investment opportunity. Classic townhouse/duplex style 2 family home located in downtown Derry. Large, spacious units consisting of kitchen, dining room, living room, 2 bedrooms, 1 1/2 baths. Some hardwood flooring, tile, and carpeting. 1 unit has brand new carpeting in bedrooms, updated appliances. Full, unfinished walk out basements, laundry hook-ups, plenty of off street parking. Large fenced in yard for gatherings, vinyl siding, and more. Very easy property to manage, low expenses. Former tenants paying $1,600 per month plus utilities, but could easily rent for $1,800+ per month. Same owner for 25+ years. Needs some cosmetic updates, but turnkey units ready to be rented. Perfect for investor to add to portfolio, or owner occupy and collect rent for added income. Close to highways, schools, shopping, and restaurants making the location very convenient.
  • List Agent: 14884
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Internet - Cable
  • Architectural Style: Duplex
  • ResoLotFeatures: Open, Sloping
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Unfinished
  • Sq Ft - Apx Finished AG: 2460
  • Sq Ft - Apx Unfinished BG: 1380

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable
  • Water Source: Public

Schools

  • School District: Derry School District SAU #10

Lot Info

  • Village/District/Locale: East Derry
  • Map: 26
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 5346
  • Deed Page: 1101
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Full Baths: 4
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8627
  • Tax Year: 2023

MLS Schools

  • School District: Derry School District SAU #10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jun 25, 2024
Sold by
Panella Josephine
Bought by
Barchard Mason G and Barchard Timothy L
Seller's Agent
Kim Florence
Coldwell Banker Realty Bedford NH
Buyer's Agent
Tom Bolduc
Keller Williams Realty-Metropolitan
List Price
$449,900
Sold Price
$485,000
Premium/Discount to List
$35,100
7.8%
Views
18
Current Estimated Value
$566,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,405
Avg. Annual Appreciation
7.81%
Original Mortgage
$388,000
Outstanding Balance
$385,081
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,136

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 16, 2012
Sold by
Panella Joseph E
Bought by
Panella Josephine
Seller's Agent
Kim Florence
Coldwell Banker Realty Bedford NH
Buyer's Agent
Matthew Abdallah
Sold Price
$1,200

Purchase Details

Closed on
Oct 20, 2003
Sold by
Panella Josephine
Bought by
Panella Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Barchard Mason G $485,000 None Available
Barchard Mason G $485,000 None Available
Panella Josephine $135,000 --
Panella Josephine $135,000 --
Panella Joseph E $200,000 --
Panella Joseph E $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barchard Mason G $388,000
Closed Barchard Mason G $388,000
Previous Owner Panella Joseph E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $485,000 +7.8% $197 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $449,900 0.0% $183 / Sq Ft
04/18/2014 04/18/14 Rented $1,150 -4.2% --
03/28/2014 03/28/14 Under Contract -- -- --
12/03/2013 12/03/13 For Rent $1,200 0.0% --
08/29/2012 08/29/12 Rented $1,200 0.0% --
07/30/2012 07/30/12 Under Contract -- -- --
07/16/2012 07/16/12 For Rent $1,200 -- --
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 $8,321 $445,200 $201,000 $244,200
2023 $8,628 $417,200 $170,800 $246,400
2022 $7,943 $417,200 $170,800 $246,400
2021 $7,616 $307,600 $126,800 $180,800
2020 $4,592 $307,600 $126,800 $180,800
2019 $0 $250,300 $99,400 $150,900
2018 $5,571 $250,300 $99,400 $150,900
2017 $5,180 $187,200 $85,900 $101,300
2016 $5,066 $187,200 $85,900 $101,300
2015 $4,838 $165,500 $72,300 $93,200
2014 $4,869 $165,500 $72,300 $93,200
2013 $5,117 $162,500 $67,800 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Kim Florence

    Seller's Agent in 2024

    Kim Florence

    Coldwell Banker Realty Bedford NH

    (603) 471-0777

    2 in this area

    44 Total Sales

    Kim Florence
    Section Image
  • Tom Bolduc

    Buyer's Agent in 2024

    Tom Bolduc

    Keller Williams Realty-Metropolitan

    (603) 845-6345

    21 in this area

    297 Total Sales

    Tom Bolduc
    Section Image

  • C

    Buyer's Agent in 2014

    Corey Donegan

    Allison James Estates and Homes

    Section Image

  • M

    Buyer's Agent in 2012

    Matthew Abdallah

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4998497

PrimeMLS

APN: DERY-000026-000000-000009

New Hampshire Rockingham County Derry 03038

15 Fordway St, Derry, NH

This home is located at 15 Fordway St, Derry, NH 03038 since 03 June 2024 and is currently estimated at $566,405, approximately $230 per square foot. This property was built in 1900. 15 Fordway St is a home located in Rockingham County with nearby schools including Grinnell School, Gilbert H. Hood Middle School, and Pinkerton Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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