NOT LISTED FOR SALE

265 High Range Rd Londonderry, NH 03053

Estimated Value: $553,000 - $574,719

4 Beds
2 Baths
1,996 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $510,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,755/month

14 Days on Market

About This Home

As of August 2023

The two-story building contains two 2-Bedroom/1-Bathroom units with 1,996 square feet of living space in 3,400 square feet of gross area. The in-place rents are significantly below market rates; the opportunity exists to increase rental rates in a highly desirable residential market positioned in between Manchester and Derry, two of the largest markets in New Hampshire. Each unit is separately metered for electricity, and propane fired heat and electric hot water which the tenants pay directly. The Landlord is also responsible for common area electric and maintaining the well and septic systems. The Property is positioned on a large, private wooded lot and offers its residents tranquil living in a rural setting while also providing convenient access to area shopping amenities just a few miles away near the junction of Nashua Road (NH Route 102) and Interstate 93, the area’s primary commercial center. The Property is 2.5-miles from the Londonderry elementary, middle, and high schools as well as the town’s municipal offices. The Property is 5-miles from the primary commercial corridor located along Nashua Road (NH Route 102), which is home to national and local retailers and restaurants that serve the needs of area residents. Londonderry is located in southern New Hampshire in between Manchester, the state’s largest market, and Derry, the state’s fourth largest market. Londonderry is approximately 43-miles north of Boston and is considered part of the Boston MSA.

Last Agent to Sell the Property

Will Peck

Horvath & Tremblay LLC License #074816 Listed on: 06/15/2023

Last Buyer's Agent

Nico Perez

Jason Mitchell Group License #077977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,845

Year Built

  • Built in 1983

Lot Details

  • 1.37 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Separate Meters
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Block 61

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,399
  • Gross Income $46,800
  • Net Operating Income $31,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,845

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Rt 28 to Hall Rd, left on High Range Rd, Property is on the right
  • Assessment Amount: 370400
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 255.51
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6384
  • Sq Ft - Apx Total Finished: 1996
  • Year Built: 1983
  • Remarks Public: The two-story building contains two 2-Bedroom/1-Bathroom units with 1,996 square feet of living space in 3,400 square feet of gross area. The in-place rents are significantly below market rates; the opportunity exists to increase rental rates in a highly desirable residential market positioned in between Manchester and Derry, two of the largest markets in New Hampshire. Each unit is separately metered for electricity, and propane fired heat and electric hot water which the tenants pay directly. The Landlord is also responsible for common area electric and maintaining the well and septic systems. The Property is positioned on a large, private wooded lot and offers its residents tranquil living in a rural setting while also providing convenient access to area shopping amenities just a few miles away near the junction of Nashua Road (NH Route 102) and Interstate 93, the area’s primary commercial center. The Property is 2.5-miles from the Londonderry elementary, middle, and high schools as well as the town’s municipal offices. The Property is 5-miles from the primary commercial corridor located along Nashua Road (NH Route 102), which is home to national and local retailers and restaurants that serve the needs of area residents. Londonderry is located in southern New Hampshire in between Manchester, the state’s largest market, and Derry, the state’s fourth largest market. Londonderry is approximately 43-miles north of Boston and is considered part of the Boston MSA.
  • List Agent: 284283
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 1996
  • Sq Ft - Apx Unfinished AG: 3400
  • Sq Ft - Apx Unfinished BG: 988

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Under

Utilities

  • Sewer: Septic
  • Water: On-Site Well Exists
  • Water Heater: Electric
  • Separate Utilities: Yes

Lot Info

  • Map: 11
  • Lot Sq Ft: 59677
  • Lot Acres: 1.37
  • Lot Description: Sloping
  • Surveyed: Unknown
  • Zoning: AR-1
  • Deed Book: 6119
  • Deed Page: 1235
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 46800
  • Net Income: 31401
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 6845
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 9, 2023
Sold by
Kim Lien Collins Ret and Collins
Bought by
Thach Kevin
Seller's Agent
Will Peck
Horvath & Tremblay LLC
Buyer's Agent
Nico Perez
Jason Mitchell Group
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Total Days on Market
14
Views
161
Current Estimated Value
$566,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,430
Avg. Annual Appreciation
5.90%
Original Mortgage
$494,700
Outstanding Balance
$485,643
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,787

Purchase Details

Closed on
Jul 24, 2000
Sold by
Lisa A Bowman Ret
Bought by
Collins Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
8.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thach Kevin $510,000 None Available
Collins Kim L $180,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thach Kevin $494,700
Previous Owner Collins Kim L $187,000
Previous Owner Collins Kim L $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $510,000 +2.0% $256 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $500,000 -- $251 / 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 $7,092 $439,400 $183,400 $256,000
2023 $7,252 $463,400 $183,400 $280,000
2022 $6,845 $370,400 $137,800 $232,600
2021 $6,808 $370,400 $137,800 $232,600
2020 $6,827 $362,000 $132,100 $229,900
2019 $6,827 $362,000 $132,100 $229,900
2018 $6,433 $295,100 $109,200 $185,900
2017 $6,753 $295,100 $109,200 $185,900
2016 $6,345 $295,100 $109,200 $185,900
2015 $6,203 $295,100 $109,200 $185,900
2014 $6,224 $295,100 $109,200 $185,900
2011 -- $291,000 $109,200 $181,800
Source: Public Records

Agents Affiliated with this Home

  • Will Peck

    Seller's Agent in 2023

    Will Peck

    Horvath & Tremblay LLC

    (207) 712-6402

    10 in this area

    30 Total Sales

    Will Peck
    Section Image

  • N

    Buyer's Agent in 2023

    Nico Perez

    Jason Mitchell Group

    (978) 902-4457

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4957367

PrimeMLS

APN: LOND-000011-000000-000061

New Hampshire Rockingham County Londonderry 03053

265 High Range Rd, Londonderry, NH

This home is located at 265 High Range Rd, Londonderry, NH 03053 since 15 June 2023 and is currently estimated at $566,430, approximately $283 per square foot. This property was built in 1983. 265 High Range Rd is a home located in Rockingham County with nearby schools including North Londonderry Elementary School, Londonderry Middle School, and Londonderry Senior High School.

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