NOT LISTED FOR SALE

5 Florence St Derry, NH 03038

Estimated Value: $476,000 - $516,000

5 Beds
3 Baths
1,680 Sq Ft
$293/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $377,500 $225 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,317 / mo

7 Days on Market

Highlights

  • New Englander Architecture
  • High Speed Internet
  • Level Lot
  • Hot Water Heating System
  • Satellite Dish

About This Home

As of June 2021

Looking for a care-free investment opportunity in the Derry area? This two family property located just minutes to downtown Derry and Rt 93 is just what you are looking for! Conveniently located in a quiet Derry neighborhood and less than 45 minutes to Boston, lots of updates have already been taken care of for you including new electrical throughout the entire house. The lower 2 bedroom unit has several new updates including new flooring, all new appliances, and a fully remodeled kitchen. The top 3 bedroom unit has a finished third level with an adjoining bathroom and master suite, new electrical panel, hot water heater, appliances and flooring. Immediate income opportunity in a commuter friendly location. Scheduled showings begin Saturday, 5/15/2021, between 12:30-3:30pm.

Last Agent to Sell the Property

Adam Southwell

BHHS Verani Concord License #073502 Listed on: 05/10/2021

BHHS Verani Concord

Last Buyer's Agent

Liam Spain

Keller Williams Realty-Metropolitan

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,638

Year Built

  • Built in 1908

Lot Details

  • 16,553 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,680 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Schools

  • Grinnell Elementary School
  • Gilbert H. Hood Middle School
  • Pinkerton Academy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Exclusions: 1 Washer and 1 Dryer, both tenant owned.
  • Tax Block 003

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,275
  • Gross Income $36,000
  • Net Operating Income $27,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,638

Year Built

Built in 1908

Lot Details

0.38 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Construction: Existing
  • Items Excluded: 1 Washer and 1 Dryer, both tenant owned.
  • Total Stories: 3
  • Price Per Sq Ft: 224.7
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2520
  • Sq Ft - Apx Total Finished: 1680
  • Property Type: Multi-Family
  • Year Built: 1908
  • L A1 M M S I Memberkey: 619201
  • List Agent: 282545
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 70122
  • S A1 M M S I Memberkey: 621655
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 69991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Unfinished
  • Sq Ft - Apx Finished AG: 1680
  • Sq Ft - Apx Unfinished BG: 840

Exterior Features

  • Construction: Timber Frame
  • Driveway: Common/Shared, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway, On-Site

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Separate
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: High Speed Intrnt -Avail, Satellite

Schools

  • Elementary School: Grinnell Elementary School
  • High School: Pinkerton Academy

Lot Info

  • Map: 23
  • Lot Sq Ft: 16553
  • Lot Acres: 0.38
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: MHDR
  • Deed Book: 5929
  • Deed Page: 2245
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 36000
  • Net Income: 27095
  • Total Full Baths: 3
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6637.52
  • Tax Year: 2020

MLS Schools

  • School Middle Jr: Gilbert H. Hood Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 29, 2021
Sold by
Bought by
Seller's Agent
Adam Southwell
BHHS Verani Concord
Buyer's Agent
Liam Spain
Keller Williams Realty-Metropolitan
List Price
$344,900
Sold Price
$377,500
Premium/Discount to List
$32,600
9.45%
Current Estimated Value
$492,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,647
Avg. Annual Appreciation
5.47%
Original Mortgage
$281,250
Outstanding Balance
$251,847
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,300

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 13, 2018
Sold by
Bought by
Seller's Agent
Tina Buckley
Coldwell Banker Realty Derry NH
Buyer's Agent
Peter Russell
Coldwell Banker Realty Nashua
List Price
$239,400
Sold Price
$245,000
Premium/Discount to List
$5,600
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$240,562
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$377,533 None Available
$245,000 --
$158,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $281,250
Previous Owner $240,562
Previous Owner $142,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $377,500 +9.5% $225 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $344,900 +40.8% $205 / Sq Ft
07/13/2018 07/13/18 Sold $245,000 +2.3% $146 / Sq Ft View Prior Sale
05/31/2018 05/31/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $239,400 -- $143 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,094 $426,200 $208,900 $217,300
2024 $7,966 $426,200 $208,900 $217,300
2023 $7,133 $344,900 $177,500 $167,400
2022 $6,567 $344,900 $177,500 $167,400
2021 $6,752 $272,700 $133,600 $139,100
2020 $6,638 $272,700 $133,600 $139,100
2019 $6,488 $248,400 $101,800 $146,600
2018 $6,466 $248,400 $101,800 $146,600
2017 $5,377 $186,300 $87,900 $98,400
2016 $5,041 $186,300 $87,900 $98,400
2015 $4,706 $161,000 $74,000 $87,000
2014 $4,737 $161,000 $74,000 $87,000
2013 $4,749 $150,800 $69,400 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4859851

PrimeMLS

APN: DERY-000023-000000-000003

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