NOT LISTED FOR SALE

15 Franklin St Derry, NH 03038

Estimated Value: $504,000 - $604,000

4 Beds
3 Baths
2,047 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $420,000 $205 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,622/month

8 Days on Market

Highlights

  • Carriage House
  • Wood Flooring
  • 1 Car Detached Garage
  • Deck
  • Covered Patio or Porch
  • 3-minute walk to Hood Park

About This Home

As of September 2022

Bring your entire family...or Investors take notice! Walk to downtown Derry from this conveniently located quaint 2 family with a carriage house PLUS garage! So much potential! Enjoy sprawling farmer's porch bringing back days of old. 2 other deck areas offer outside entertaining space. Carriage house has had some updates completed including flooring & electric, so space is in ADDITION to square footage shown. Plenty of parking & fenced backyard area. Wonderful opportunity for owner occupied with tenant income! However, tenant is month to month and would like to stay, but no lease is in place. The situation gives the buyer/investor flexibility. Great location near restaurants, shopping, and highway commuting! Being sold "as is."

Last Agent to Sell the Property

Tina Hagen

BHHS Verani Nashua License #054861 Listed on: 08/10/2022

BHHS Verani Nashua

Co-Listed By

Hannah Melanson

BHHS Verani Nashua License #071044

Last Buyer's Agent

Jessica Vieira

Aerie Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,965

Year Built

  • Built in 1879

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 1 Car Detached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Carriage House
  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,047 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Basement

  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Derry Village Elementary School
  • West Running Brook Middle Sch
  • Pinkerton Academy High School

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Tax Block 71

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $2,660
  • Gross Income $27,000
  • Net Operating Income $24,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,965

Year Built

Built in 1879

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Carriage, Conversion, Duplex
  • Directions: E Broadway to Franklin
  • Flood Zone: Unknown
  • Assessment Amount: 281300
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 205.18
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2559
  • Sq Ft - Apx Total Finished: 2047
  • Year Built: 1879
  • Remarks Public: Bring your entire family...or Investors take notice! Walk to downtown Derry from this conveniently located quaint 2 family with a carriage house PLUS garage! So much potential! Enjoy sprawling farmer's porch bringing back days of old. 2 other deck areas offer outside entertaining space. Carriage house has had some updates completed including flooring & electric, so space is in ADDITION to square footage shown. Plenty of parking & fenced backyard area. Wonderful opportunity for owner occupied with tenant income! However, tenant is month to month and would like to stay, but no lease is in place. The situation gives the buyer/investor flexibility. Great location near restaurants, shopping, and highway commuting! Being sold "as is."
  • List Agent: 7087
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Dirt Floor
  • Sq Ft - Apx Finished AG: 2047
  • Sq Ft - Apx Unfinished BG: 512

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Fieldstone, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Outbuilding, Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, On-Site, Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Detached

Utilities

  • Cable Company: Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: Haffners & Rymes
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Gas - LP/Bottle, Oil, Pellet
  • Electric Company: Eversource
  • Phone Company: Xfinity
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 1
  • Total Water Heaters: 3
  • Trash: Owner, Private
  • Utilities: Cable - Available

Schools

  • School District: Derry School District SAU #10
  • Elementary School: Derry Village School
  • Middle School: West Running Brook Middle Sch
  • High School: Pinkerton Academy
  • Elementary School: Derry Village School
  • High School: Pinkerton Academy

Lot Info

  • Map: 30
  • Lot Sq Ft: 14375
  • Lot Acres: 0.33
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: CBD-TB
  • Deed Book: 6010
  • Deed Page: 1021
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 27000
  • Net Income: 24340
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6965
  • Tax Year: 2021

MLS Schools

  • School District: Derry School District SAU #10
  • School Middle Jr: West Running Brook Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 28, 2022
Sold by
Barry Ronald W and Barry Stephen Stephanie
Bought by
Soares Peter and Soares Stephanie
Seller's Agent
Tina Hagen
BHHS Verani Nashua
Buyer's Agent
Jessica Vieira
Aerie Properties
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%
Current Estimated Value
$549,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,982
Avg. Annual Appreciation
9.71%
Original Mortgage
$315,000
Outstanding Balance
$304,246
Interest Rate
5.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$250,954

Purchase Details

Listed on
Mar 31, 2019
Closed on
Jun 13, 2019
Sold by
Freeman Earl C
Bought by
Barry Ronald W and Barry Stephanie G
Seller's Agent
Earl Freeman
StartPoint Realty
Buyer's Agent
Earl Freeman
StartPoint Realty
List Price
$350,000
Sold Price
$285,000
Premium/Discount to List
-$65,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$8,550
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
More Thomas
Bought by
Freeman Earl C and Freeman Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
7.73%

Purchase Details

Closed on
Aug 26, 1996
Sold by
Trobec Gerald K
Bought by
More Thomas
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
Soares Peter $420,000 None Available
Soares Peter $420,000 None Available
Barry Ronald W $285,000 --
Barry Ronald W $285,000 --
Freeman Earl C $157,000 --
Freeman Earl C $157,000 --
More Thomas $76,200 --
More Thomas $76,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soares Peter $315,000
Closed Soares Peter $315,000
Previous Owner Barry Ronald W $291,127
Previous Owner More Thomas $135,400
Previous Owner More Thomas $157,616
Previous Owner More Thomas $141,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $420,000 +5.3% $205 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $399,000 +40.0% $195 / Sq Ft
06/21/2019 06/21/19 Sold $285,000 -12.3% $111 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $325,000 -7.1% $127 / Sq Ft
03/31/2019 03/31/19 For Sale $350,000 -- $137 / 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 $8,489 $454,200 $206,900 $247,300
2023 $7,525 $363,900 $175,800 $188,100
2022 $6,929 $363,900 $175,800 $188,100
2021 $6,965 $281,300 $131,900 $149,400
2020 $6,347 $281,300 $131,900 $149,400
2019 $6,109 $233,900 $101,100 $132,800
2018 $5,928 $233,900 $101,100 $132,800
2017 $5,586 $199,200 $87,300 $111,900
2016 $5,390 $199,200 $87,300 $111,900
2015 $4,998 $171,000 $73,600 $97,400
2014 $5,031 $171,000 $73,600 $97,400
2013 $4,991 $158,500 $69,000 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4924828

PrimeMLS

APN: DERY-000030-000000-000071