NOT LISTED FOR SALE

8 Oak St Derry, NH 03038

Estimated Value: $566,435 - $639,000

4 Beds
2 Baths
2,547 Sq Ft
$231/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $375,000 $147 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,940/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • Wood Siding
  • 3 Car Detached Garage
  • Level Lot

About This Home

As of January 2021

Charming multifamily right in the heart of downtown Derry, just steps away from restaurants and shops! Minutes away from 93, what more could you want?! This home has quite the history, being built in 1901 by G. Clement Colburn, it was also the home & office of the Derry town Doctor up until 1950. Unit 1 has two large sized bedrooms, large eat in kitchen, in unit laundry & access to the backyard, has its own separate driveway can fit up to three cars with space. Unit 2 offers two levels. first level offers a large living room & dining room, a bedroom and kitchen. Also has its own in unit laundry off of the kitchen as well! The second level is a LARGE master bedroom with cathedral ceilings, could potentially be turned into two bedrooms with the amount of space! The owners added a second driveway out-front so unit 2 has its own parking as well, can fit two vehicles comfortably! Large fenced in backyard with a pool. Brand new replacement windows all around just recently installed! This home has SO MUCH to offer! Agent/Owner Interest. OPEN HOUSE 11/14 - 2PM TO 4PM. please limit to 2 decision makers & 1 agent. Must adhere to covid-19 guidelines.

Last Agent to Sell the Property

Samantha Norton

Coldwell Banker Realty Nashua License #075810 Listed on: 11/02/2020

Coldwell Banker Realty Nashua

Last Buyer's Agent

Sandra Perry

Lamacchia Realty, Inc. License #075305

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,183

Year Built

  • Built in 1901

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,547 Sq Ft Home
  • 3-Story Property
  • Interior and Exterior Basement Entry

Schools

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

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: ALL washers and dryers excluded from sale.
  • Tax Block 195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,183

Year Built

Built in 1901

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: East Broadway to Oak Street
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: ALL washers and dryers excluded from sale.
  • Seasonal: Unknown
  • Total Stories: 3
  • Price Per Sq Ft: 147.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2547
  • Sq Ft - Apx Total Finished: 2547
  • Property Type: Multi-Family
  • Year Built: 1901
  • Remarks Public: Charming multifamily right in the heart of downtown Derry, just steps away from restaurants and shops! Minutes away from 93, what more could you want?! This home has quite the history, being built in 1901 by G. Clement Colburn, it was also the home & office of the Derry town Doctor up until 1950. Unit 1 has two large sized bedrooms, large eat in kitchen, in unit laundry & access to the backyard, has its own separate driveway can fit up to three cars with space. Unit 2 offers two levels. first level offers a large living room & dining room, a bedroom and kitchen. Also has its own in unit laundry off of the kitchen as well! The second level is a LARGE master bedroom with cathedral ceilings, could potentially be turned into two bedrooms with the amount of space! The owners added a second driveway out-front so unit 2 has its own parking as well, can fit two vehicles comfortably! Large fenced in backyard with a pool. Brand new replacement windows all around just recently installed! This home has SO MUCH to offer! Agent/Owner Interest. OPEN HOUSE 11/14 - 2PM TO 4PM. please limit to 2 decision makers & 1 agent. Must adhere to covid-19 guidelines.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Gravel, Exterior Access
  • Sq Ft - Apx Finished AG: 2547

Exterior Features

  • Driveway: Common/Shared, Paved
  • Exterior: Wood Siding
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt
  • Easements: Yes

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Electric, Steam
  • Separate Utilities: Yes
  • Utilities: Cable

Schools

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

Lot Info

  • Map: 30
  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: Level
  • Surveyed: Yes
  • Zoning: two family
  • Deed Book: 6020
  • Deed Page: 2242
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 7183

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

  • School Middle Jr: Gilbert H. Hood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 7, 2021
Sold by
Norton Leo P and Norton Samantha
Bought by
Fitzgerald Kevin
Seller's Agent
Samantha Norton
Coldwell Banker Realty Nashua
Buyer's Agent
Sandra Perry
Lamacchia Realty, Inc.
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$587,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,359
Avg. Annual Appreciation
11.43%
Original Mortgage
$356,250
Outstanding Balance
$319,353
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,364

Purchase Details

Listed on
May 4, 2019
Closed on
Jul 26, 2019
Sold by
Bears-Chretien Karen A
Bought by
Norton Leo P and Norton Samantha
Seller's Agent
Lynne Farrington
RE/MAX Innovative Properties
Buyer's Agent
Darby Sullivan
Keller Williams Gateway Realty/Salem
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$324,022
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2006
Sold by
Longo Michael David
Bought by
Chretien Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.31%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Nase G Leonard and Nase Barbara
Bought by
Longo Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,401
Interest Rate
6.89%
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
Fitzgerald Kevin $375,000 None Available
Norton Leo P $330,000 --
Chretien Mark A $265,000 --
Longo Michael D $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Kevin $356,250
Previous Owner Norton Leo P $323,998
Previous Owner Norton Leo P $324,022
Previous Owner Longo Michael D $265,000
Previous Owner Longo Michael D $111,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $375,000 -3.8% $147 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $389,900 -2.5% $153 / Sq Ft
11/02/2020 11/02/20 For Sale $399,900 +21.2% $157 / Sq Ft
07/26/2019 07/26/19 Sold $330,000 +4.8% $130 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $315,000 -- $124 / 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 $8,868 $474,500 $206,500 $268,000
2023 $7,772 $375,800 $175,400 $200,400
2022 $7,155 $375,800 $175,400 $200,400
2021 $7,542 $304,600 $131,500 $173,100
2020 $7,414 $304,600 $131,500 $173,100
2019 $7,173 $274,600 $101,000 $173,600
2018 $7,148 $274,600 $101,000 $173,600
2017 $6,612 $229,100 $87,200 $141,900
2016 $6,199 $229,100 $87,200 $141,900
2015 $5,805 $198,600 $73,500 $125,100
2014 $5,843 $198,600 $73,500 $125,100
2013 $5,845 $185,600 $68,900 $116,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4837027

PrimeMLS

APN: DERY-000030-000000-000195