$385,000
SOLD AUG 25, 2025

5 Gayle Dr Unit L Derry, NH 03038

3 Beds
1.5 Baths
1,193 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

1% Below List Price

22 Days on Market

About This Home

As of August 2025

Opportunity Knocks in Derry!
This spacious 3-bedroom condex with a finished third-floor walk-up offers incredible potential for those ready to roll up their sleeves. Conveniently located near Pinkerton High School, shopping, the park, hospital, golf course, swimming and with easy access to the highway, this home is also in close proximity to the scenic Derry Rail Trail - perfect for walking, jogging, or biking.

Inside, you'll find 1.5 baths, a walk-out basement with potential for additional living or storage space, and a deck off the kitchen that overlooks a generously sized, fenced backyard—ideal for pets, play, or gardening.

While the property needs TLC, it's a prime candidate for a 203k renovation loan, making it a smart investment for handy buyers or investors looking to add value in a desirable location.

Don’t miss the chance to turn this diamond in the rough into a true gem!

Last Agent to Sell the Property

Kelly Arsenault

Keller Williams Realty Metro-Londonderry License #066747 Listed on: 06/19/2025

Keller Williams Realty Metro-Londonderry

Last Buyer's Agent

Patrick Monahan

BHHS Verani Londonderry

BHHS Verani Londonderry

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 1987

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Schools

  • Pinkerton Academy High School

Utilities

  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2005L / 13
  • Assessor Parcel Number 25

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,635

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: GPS accurate
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1987
  • Display On Internet: Unknown
  • Architectural Style: Condex
  • ResoLotFeatures: Near Golf Course, Near Shopping, Near Hospital, Near School(s)
  • Road Frontage Type: Cul-de-Sac
  • PropertySubType: Condominium
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 1193.0
  • Reso Interior Features: Wood Fireplace
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Total Bedrooms: 3
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Driveway: Paved
  • Roof: Asphalt Shingle
  • Easements: Unknown
  • Construction Type: Wood Frame, Wood
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Schools

  • High School: Pinkerton Academy

Lot Info

  • Surveyed: Unknown
  • Zoning: MDR
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6635.0
  • Tax Block: 13
  • Tax Lot: 2005L
  • Tax Map Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2004
Sold by
Magee Lori Ann
Bought by
Farland 3Rd Chester A and Farland Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$82,017
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,124
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2025 08/25/25 Sold $385,000 +1.6% $323 / Sq Ft
07/07/2025 07/07/25 Price Changed $379,000 -2.1% $318 / Sq Ft
06/19/2025 06/19/25 For Sale $387,000 +357.4% $324 / Sq Ft
07/31/2012 07/31/12 Sold $84,600 -4.2% $68 / Sq Ft View Prior Sale
03/09/2012 03/09/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $88,300 -- $71 / 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 $6,635 $355,000 $0 $355,000
2023 $6,169 $298,300 $0 $298,300
2022 $5,680 $298,300 $0 $298,300
2021 $5,682 $229,500 $0 $229,500
2020 $5,586 $229,500 $0 $229,500
2019 $5,164 $197,700 $89,500 $108,200
2018 $4,967 $189,200 $89,500 $99,700
2017 $5,287 $166,900 $85,000 $81,900
2016 $4,516 $166,900 $85,000 $81,900
2015 $2,976 $101,800 $42,500 $59,300
2014 $2,995 $101,800 $42,500 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5047370

PrimeMLS

APN: DERY-000025-000013-002005L