NOT LISTED FOR SALE

388 Island Pond Rd Derry, NH 03038

Estimated Value: $508,000 - $539,000

3 Beds
2 Baths
1,464 Sq Ft
$358/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $202,380 $138 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,410/month

69 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Hot Water Heating System
  • Deck
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of January 2014

Cute Derry Cape with porch and 2 car attached garage. 3 bedrooms and 2 full baths, eat-in kitchen, and bonus room on 1st floor. Private level yard, vinyl siding and windows. Easy access to route 93 and 111. Freshly painted interior. This is a Fannie Mae HomePath Property. Purchase this property for as little as 5% down. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing. Agents: Please see Remarks section for instructions and availability.

Last Agent to Sell the Property

Josh Naughton Team

RE/MAX Innovative Properties Brokerage Phone: 978-660-3743 License #057445 Listed on: 10/10/2013

RE/MAX Innovative Properties

Last Buyer's Agent

Tami Defrancesco

BHHS Verani Seacoast License #057952

BHHS Verani Seacoast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,105

Year Built

  • Built in 1984

Lot Details

  • 1.11 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1.75-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Pinkerton Academy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Private Sewer

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,105

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Route 28 to Island Pond.
  • Footprint: 24x34+12x12
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1.75
  • Price Per Sq Ft: 138.24
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1984
  • List Agent: 5633
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Unfinished
  • Room 1: Kitchen, 12X12, On Level: 1
  • Room 2: Dining Room, 13X12, On Level: 1
  • Room 3: Living Room, 17X12, On Level: 1
  • Room 7: Primary Bedroom, 18X11, On Level: 2
  • Room 8: Bedroom, 12X9, On Level: 2
  • Room 9: Bedroom, 10X9, On Level: 2
  • Room 12: Den, On Level: 1
  • Room 13: Other, 12X12, On Level: 1
  • Room 16: Bath - Full, On Level: 1
  • Room 17: Bath - Full, On Level: 2
  • Sq Ft - Apx Finished AG: 1464
  • Sq Ft - Apx Total BG: 816
  • Sq Ft - Apx Total Finished: 1464
  • Sq Ft - Apx Unfinished BG: 816

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Private
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water

Schools

  • High School: Pinkerton Academy

Lot Info

  • Map: 4098
  • Lot: 003
  • Lot Sq Ft: 48351
  • Lot Acres: 1.11
  • Lot Description: Level, Wooded
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 5473
  • Deed Page: 0177
  • Deed Recorded Type: Foreclosure

Tax Info

  • Tax Gross Amount: 6105.14
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jan 13, 2014
Sold by
Fnma
Bought by
Cookson Chad J and Cookson Melissa A
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Tami Defrancesco
BHHS Verani Seacoast
List Price
$214,900
Sold Price
$202,380
Premium/Discount to List
-$12,520
-5.83%
Current Estimated Value
$524,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,028
Avg. Annual Appreciation
8.33%
Original Mortgage
$198,713
Outstanding Balance
$142,616
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$381,792

Purchase Details

Closed on
Aug 23, 2013
Sold by
Mosher Mark S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 17, 2006
Sold by
Dorsey Stephen E and Dorsey Traci M
Bought by
Mosher Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1998
Sold by
Boucher Thomas M and Boucher Debra
Bought by
Dorsey Stephen E and Dorsey Traci M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cookson Chad J $202,400 --
Cookson Chad J $202,400 --
Federal National Mortgage Association $240,700 --
Federal National Mortgage Association $240,700 --
Mosher Mark S $269,000 --
Mosher Mark S $269,000 --
Dorsey Stephen E $130,000 --
Dorsey Stephen E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Stephen E $198,713
Closed Dorsey Stephen E $198,713
Previous Owner Dorsey Stephen E $215,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold $202,380 -5.8% $138 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $214,900 -- $147 / 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 $7,771 $415,800 $201,000 $214,800
2023 $7,858 $380,000 $170,800 $209,200
2022 $7,235 $380,000 $170,800 $209,200
2021 $6,814 $275,200 $130,700 $144,500
2020 $6,698 $275,200 $130,700 $144,500
2019 $6,676 $255,600 $101,100 $154,500
2018 $6,653 $255,600 $101,100 $154,500
2017 $6,421 $222,500 $96,100 $126,400
2016 $6,021 $222,500 $96,100 $126,400
2015 $6,045 $206,800 $96,100 $110,700
2014 $6,084 $206,800 $96,100 $110,700
2013 $6,307 $200,300 $88,100 $112,200
Source: Public Records

Agents Affiliated with this Home

  • Josh Naughton Team

    Seller's Agent in 2014

    Josh Naughton Team

    RE/MAX

    (978) 660-3743

    3 in this area

    161 Total Sales

    Josh Naughton Team
    Section Image
  • Tami Defrancesco

    Buyer's Agent in 2014

    Tami Defrancesco

    BHHS Verani Seacoast

    (603) 490-1859

    2 in this area

    84 Total Sales

    Tami Defrancesco
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4320895

PrimeMLS

APN: DERY-000004-000098-000003

New Hampshire Rockingham County Derry 03038

388 Island Pond Rd, Derry, NH

Not Listed for Sale

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