NOT LISTED FOR SALE

388 Island Pond Rd Derry, NH 03038

Estimated Value: $514,000 - $548,000

3 Beds
2 Baths
1,464 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 09, 2014

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

Est. 163% increase in value since last sale

Current estimated payment $3,567/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
  • Remarks Public: 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.
  • 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
  • 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
$532,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,586
Avg. Annual Appreciation
8.71%
Original Mortgage
$198,713
Outstanding Balance
$145,134
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$387,832

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:

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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 Change Sq Ft Price
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

    166 Total Sales

    Section Image
  • Tami Defrancesco

    Buyer's Agent in 2014

    Tami Defrancesco

    BHHS Verani Seacoast

    (603) 490-1859

    2 in this area

    91 Total Sales

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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

This home is located at 388 Island Pond Rd, Derry, NH 03038 since 10 October 2013 and is currently estimated at $529,712, approximately $361 per square foot. This property was built in 1984. 388 Island Pond Rd is a home located in Rockingham County with nearby schools including East Derry Memorial Elementary School, West Running Brook 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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