$650,000
SOLD AUG 29, 2025

5 Lawrence Rd Derry, NH 03038

4 Beds
2 Baths
2,078 Sq Ft
1.16 Acres

Recently Sold

$313 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • RV Access or Parking
  • 2 Car Attached Garage
  • Baseboard Heating
  • Wood Flooring
  • Parking Storage or Cabinetry
  • High Speed Internet

About This Home

As of August 2025

Unique Multi-Family Opportunity on Over an Acre!

This exceptional property features two distinct homes on one spectacular 1.16-acre lot—perfect for investors, multi-generational living, or those looking for flexible space with incredible outdoor potential.

Unit 1 is a charming single-level ranch offering 2 bedrooms and 1 full bath. Enjoy a spacious living room with wide pine floors and a cozy gas stove, a beautifully updated kitchen with granite countertops, stainless steel appliance and a 3-season porch. Additional perks include in-unit laundry (washer & dryer included) and a 2-car attached garage.

Unit 2 is a 2-bedroom cape with a bright sunny kitchen, full bath, and spacious living area.

Step outside and fall in love with the lush outdoor living spaces—deck, gazebo, patio, fire pit, and absolutely stunning gardens filled with fruit trees, blueberries, strawberries, grapes, and more. There's even room to dream—add a pool, tennis court, or accessory dwelling unit (ADU)!

Conveniently located near shopping, dining, schools, and with easy highway access for commuters. This is a one-of-a-kind property you won’t want to miss!

Last Agent to Sell the Property

Mary Bligh

Keller Williams Realty-Metropolitan License #010642 Listed on: 07/18/2025

Keller Williams Realty-Metropolitan

Last Buyer's Agent

Krista Lombardi

New Space Real Estate, LLC License #077098

New Space Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 1973

Lot Details

  • 1.16 Acre Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Driveway
  • Visitor Parking
  • Off-Street Parking
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Pinkerton Academy High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Private Water Source
  • High Speed Internet

Community Details

  • 2 Units
  • 1 Leased Unit

Listing and Financial Details

  • Legal Lot and Block 008 / 117
  • Assessor Parcel Number 03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,911

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Directions: Take Exit 4 off I-93 toward NH-102 East/Derry. Follow NH-102 East (Broadway) for about 2.5 miles. Then turn left onto Lawrence Road, and 5 Lawrence Road will be on your left.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1973
  • Display On Internet: Fiber Optic Internt Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Landscaped, Level, Near Golf Course, Near Shopping, Neighborhood, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2078.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Wood, Vinyl Plank
  • Basement: Bulkhead, Crawl Space
  • Basement YN: No

Exterior Features

  • Driveway: Paved
  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Storage Above, Driveway, Garage, Off Street, Parking Spaces 1 - 10, RV Accessible, Visitor, Attached

Utilities

  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Private Sewer
  • Heating: Propane, Baseboard, Hot Water
  • Cooling: Wall Unit(s)
  • Utilities: Propane
  • Water Source: Private

Schools

  • High School: Pinkerton Academy

Lot Info

  • Surveyed: Unknown
  • Zoning: LMDR - TWO FAMILY
  • Lot Size Acres: 1.16
  • Lot Size Sq Ft: 50530.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7911.48
  • Tax Block: 117
  • Tax Lot: 008
  • Tax Map Number: 03

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Number Of Separate Electric Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 29, 2025
Sold by
Cherie Hagen Lt and Hagen
Bought by
Obrien Christopher T
Seller's Agent
Mary Bligh
Keller Williams Realty-Metropolitan
Buyer's Agent
Krista Lombardi
New Space Real Estate, LLC
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.37%
Original Mortgage
$612,026
Outstanding Balance
$611,499
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$13,133

Purchase Details

Closed on
Jun 6, 2016
Sold by
Hagen Cherie
Bought by
Hagen Cherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Howwell Dewayne E and Howwell Judith E
Bought by
Hagen Cherie and Arford Kristi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,320
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1997
Sold by
Blunt Est Barbara W
Bought by
Howell Dewayne E and Howell Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $650,000 --
Warranty Deed $650,000 --
Warranty Deed $650,000 --
Quit Claim Deed $18,000 --
Quit Claim Deed $18,000 --
Deed $227,900 --
Deed $227,900 --
Deed $75,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,026 FHA
Closed $612,026 FHA
Previous Owner $177,000 New Conventional
Previous Owner $182,320 Purchase Money Mortgage
Previous Owner $67,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $650,000 +8.3% $313 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $600,000 -- $289 / 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 $7,911 $423,300 $201,500 $221,800
2023 $7,068 $341,800 $171,300 $170,500
2022 $6,508 $341,800 $171,300 $170,500
2021 $6,893 $278,400 $131,200 $147,200
2020 $6,776 $278,400 $131,200 $147,200
2019 $6,449 $246,900 $101,600 $145,300
2018 $6,427 $246,900 $101,600 $145,300
2017 $6,346 $219,900 $96,600 $123,300
2016 $5,950 $219,900 $96,600 $123,300
2015 $5,872 $200,900 $96,600 $104,300
2014 $5,910 $200,900 $96,600 $104,300
2013 $6,119 $194,300 $88,600 $105,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5052216

PrimeMLS

APN: DERY-000003-000117-000008