NOT LISTED FOR SALE

2 Mcgregor St Derry, NH 03038

Estimated Value: $373,000 - $459,000

4 Beds
2 Baths
1,775 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $235,000 $132 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,932/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Hot Water Heating System
  • Level Lot
  • Covered patio or porch

About This Home

As of September 2020

This two family home has great income, low operating expenses and comes with a delightful, long term tenant. Super convenient neighborhood location within walking distance to downtown. Each unit has 2 bedrooms and 1 full bath. First floor apartment just became available for either an owner to occupy or as a rental. The second floor unit has an additional room. Each unit has its own utilities including a forced hot water heating system and basement washer/dryer hooks up. Public water and sewer. It doesn’t get any easier than this. #2 and #4 McGregor Street are twin buildings and have been owned together since 1976 and have become a “bonded pair” and must be purchased together. Follow COVID guidelines. Masks are required.

Last Agent to Sell the Property

Katie Johnson

HomeSmart Success Realty LLC License #054588 Listed on: 08/26/2020

HomeSmart Success Realty LLC

Last Buyer's Agent

Katie Johnson

HomeSmart Success Realty LLC License #054588 Listed on: 08/26/2020

HomeSmart Success Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,164

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Tax Block 104

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,863
  • Gross Income $30,000
  • Net Operating Income $26,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,164

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Birch to South Ave to Highland to left on McGregor
  • Footprint: 26x30
  • Assessment Amount: 197700
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 132.39
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2555
  • Sq Ft - Apx Total Finished: 1775
  • Year Built: 1920
  • Remarks Public: This two family home has great income, low operating expenses and comes with a delightful, long term tenant. Super convenient neighborhood location within walking distance to downtown. Each unit has 2 bedrooms and 1 full bath. First floor apartment just became available for either an owner to occupy or as a rental. The second floor unit has an additional room. Each unit has its own utilities including a forced hot water heating system and basement washer/dryer hooks up. Public water and sewer. It doesn’t get any easier than this. #2 and #4 McGregor Street are twin buildings and have been owned together since 1976 and have become a “bonded pair” and must be purchased together. Follow COVID guidelines. Masks are required.
  • List Agent: 20745
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1775
  • Sq Ft - Apx Unfinished AG: 780

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, On Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Trash: Cans, Recycle
  • Utilities: Cable

Lot Info

  • Map: 27
  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: MHDR
  • Deed Book: 5067
  • Deed Page: 1713
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30000
  • Net Income: 26337
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5164
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2009
Sold by
Davis Mignon F C
Bought by
Selling Michael R and Murphy Karen L
Current Estimated Value
$422,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2004
Sold by
Unknown
Bought by
Davis Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Beauregard Timothy M and Beauregard Jodi L
Bought by
Unknown Buyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.94%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Wilbur David W and Wilbur Erma M
Bought by
Beauregard Timothy M and Beauregard Jodi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.9%
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
Selling Michael R $179,000 --
Davis Kerry L $205,000 --
Unknown Buyer $132,500 --
Beauregard Timothy M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgregor Street Llc $552,000
Closed Beauregard Timothy M $134,250
Previous Owner Beauregard Timothy M $164,000
Previous Owner Beauregard Timothy M $127,500
Previous Owner Beauregard Timothy M $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $235,000 -12.9% $132 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $269,900 -- $152 / 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 $7,173 $383,800 $191,000 $192,800
2023 $6,386 $308,800 $162,300 $146,500
2022 $5,880 $308,800 $162,300 $146,500
2021 $5,742 $231,900 $118,300 $113,600
2020 $5,981 $231,900 $118,300 $113,600
2019 $5,737 $197,700 $97,100 $100,600
2018 $5,372 $197,700 $97,100 $100,600
2017 $5,372 $170,200 $83,900 $86,300
2016 $4,606 $170,200 $83,900 $86,300
2015 $4,195 $143,500 $70,600 $72,900
2014 $4,222 $143,500 $70,600 $72,900
2013 $4,415 $140,200 $66,200 $74,000
Source: Public Records

Agents Affiliated with this Home

  • Katie Johnson

    Seller's Agent in 2020

    Katie Johnson

    HomeSmart Success Realty LLC

    (603) 401-1776

    11 in this area

    65 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4825048

PrimeMLS

APN: DERY-000027-000000-000104

New Hampshire Rockingham County Derry 03038

2 Mcgregor St, Derry, NH

This home is located at 2 Mcgregor St, Derry, NH 03038 since 26 August 2020 and is currently estimated at $422,603, approximately $238 per square foot. This property was built in 1920. 2 Mcgregor 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.

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