4
Beds
4
Baths
2,460
Sq Ft
9,148
Sq Ft Lot
Highlights
- Wood Flooring
- Forced Air Heating System
- Partially Fenced Property
- Patio
- East Facing Home
- Open Lot
About This Home
As of June 2024Exceptional 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
Coldwell Banker Realty Bedford NH Brokerage Phone: 603-582-8513 License #045533
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-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
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%
Total Days on Market
3
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,785
Avg. Annual Appreciation
3.85%
Original Mortgage
$388,000
Outstanding Balance
$385,081
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,704
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
BHHS Verani Londonderry
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%
Map
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Similar Home in Derry, NH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | None Available | |
| Warranty Deed | $485,000 | None Available | |
| Quit Claim Deed | $135,000 | -- | |
| Quit Claim Deed | $135,000 | -- | |
| Quit Claim Deed | $200,000 | -- | |
| Quit Claim Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | Purchase Money Mortgage | |
| Closed | $388,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | No Value Available |
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
| 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
Source: PrimeMLS
MLS Number: 4998497
APN: DERY-000026-000000-000009
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