NOT LISTED FOR SALE

2 Mcgregor St Derry, NH 03038

Estimated Value: $382,000 - $463,000

4 Beds
2 Baths
1,775 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 30, 2020

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

Est. 82% increase in value since last sale

Current estimated payment $2,836/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
  • 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
$427,908

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
Outstanding Balance
$87,030
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,878

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
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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 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 List to Sale Price per Sq Ft
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

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Map

Source: PrimeMLS

MLS Number: 4825048

PrimeMLS

APN: DERY-000027-000000-000104