NOT LISTED FOR SALE

76 E Broadway Derry, NH 03038

Estimated Value: $628,000 - $806,000

5 Beds
3 Baths
2,169 Sq Ft
$344/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $703,000 $324 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,615/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Views

About This Home

As of August 2024

Wonderful opportunity to own a fantastic three unit investment property in Derry NH. This meticulously kept home has undergone quite the transformation. Over the years, the seller has fully renovated the property including: windows, flooring, walls, ceilings, insulation, electric (3 separate 200 amp services), plumbing, kitchen, baths, vinyl siding, water heaters, etc. Each unit has 2 private entrances and their own outdoor space, ie a patio or covered porch/deck. There is ample parking and yard space. The location cannot be beat…within walking distance to Derry Library, park, downtown shops and restaurants. Each unit is rented on a month to month basis. Offer deadline Sunday July 14th at 8:00 pm. Please allow 24 hours to review.

Last Agent to Sell the Property

Leland Boutwell

Boutwell Real Estate License #001435 Listed on: 07/12/2024

Last Buyer's Agent

Lisa Scacchi

Keller Williams Realty-Metropolitan License #070945

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,335

Year Built

  • Built in 1900

Lot Details

  • 0.47 Acre Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,169 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Property Views

Outdoor Features

  • Covered Patio or Porch

Utilities

  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 32-106 / 16

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $31,800
  • Net Operating Income $24,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,335

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 324.11
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2169
  • Sq Ft - Apx Total Finished: 2169
  • Year Built: 1900
  • Remarks Public: Wonderful opportunity to own a fantastic three unit investment property in Derry NH. This meticulously kept home has undergone quite the transformation. Over the years, the seller has fully renovated the property including: windows, flooring, walls, ceilings, insulation, electric (3 separate 200 amp services), plumbing, kitchen, baths, vinyl siding, water heaters, etc. Each unit has 2 private entrances and their own outdoor space, ie a patio or covered porch/deck. There is ample parking and yard space. The location cannot be beat…within walking distance to Derry Library, park, downtown shops and restaurants. Each unit is rented on a month to month basis. Offer deadline Sunday July 14th at 8:00 pm. Please allow 24 hours to review.
  • List Agent: 7798
  • Display On Internet: Unknown
  • Architectural Style: Colonial
  • ResoLotFeatures: View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2169

Exterior Features

  • Driveway: Paved
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Natural Shade, Patio, Porch, Porch - Covered
  • Construction Type: Vinyl Siding

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Electric
  • Heating: Electric
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available
  • Water Source: Public

Lot Info

  • Map: 32
  • Lot: 32-106
  • Lot Sq Ft: 20473
  • Lot Acres: 0.47
  • Surveyed: Unknown
  • Zoning: MHDR
  • Deed Book: 4970
  • Deed Page: 1204
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 31800
  • Net Income: 24400
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7335
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 14, 2024
Sold by
Simard Keith R
Bought by
Berche Kari and Dipirro John M
Seller's Agent
Leland Boutwell
Boutwell Real Estate
Buyer's Agent
Lisa Scacchi
Keller Williams Realty-Metropolitan
List Price
$639,000
Sold Price
$703,000
Premium/Discount to List
$64,000
10.02%
Views
35
Current Estimated Value
$745,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,879
Avg. Annual Appreciation
5.58%
Original Mortgage
$632,700
Outstanding Balance
$626,769
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,110
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
Berche Kari $703,000 None Available
Berche Kari $703,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berche Kari $632,700
Closed Berche Kari $632,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2024 10/05/24 For Rent $1,795 0.0% --
08/30/2024 08/30/24 Sold $703,000 +10.0% $324 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $639,000 -- $295 / 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 $7,934 $424,500 $211,400 $213,100
2023 $7,335 $354,700 $179,700 $175,000
2022 $6,753 $354,700 $179,700 $175,000
2021 $7,923 $320,000 $135,800 $184,200
2020 $7,789 $320,000 $135,800 $184,200
2019 $7,363 $281,900 $102,900 $179,000
2018 $7,338 $281,900 $102,900 $179,000
2017 $5,896 $204,300 $88,900 $115,400
2016 $5,528 $204,300 $88,900 $115,400
2015 $5,074 $173,600 $74,800 $98,800
2014 $5,107 $173,600 $74,800 $98,800
2013 $5,234 $166,200 $70,100 $96,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5004702

PrimeMLS

APN: DERY-000032-000000-000106