NOT LISTED FOR SALE

8 Wall St Derry, NH 03038

Estimated Value: $445,000 - $541,000

Studio
2 Baths
1,351 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $247,000 $183 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,948/month

49 Days on Market

Highlights

  • New Englander Architecture
  • Asbestos
  • Carpet
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2018

Opportunity knocks for the investor or owner occupant. Two-family in Downtown Derry. First floor 2-bedroom with nicely, paint, laminate flooring, full bath, laundry, hookups, large kitchen, enclosed entry porch. 2 bedroom empty for owner occupy has access to basement, an attached storage area and is heated with forced hot air by oil. Second floor 1 -bedroom with laundry hookup, full bath, ceiling fans, laundry hookups and electric heat. Shed and parking on both sides of building. 2nd Floor rent were $990 and 1st floor if investor need $1290, estimated Short walk to restaurants, shops, and bike trail. Minutes to Rte 93.

Last Agent to Sell the Property

Steven Trefethen

Summerview Real Estate, LLC License #050489 Listed on: 10/11/2018

Last Buyer's Agent

Steven Trefethen

Summerview Real Estate, LLC License #050489 Listed on: 10/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 1,351 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 35 Car Parking Spaces
  • Dirt Driveway

Schools

  • Pinkerton Academy High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 149 / 30
  • 29% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,634
  • Gross Income $27,360
  • Net Operating Income $18,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,134

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Directions: Behind Mary Ann's Diner. I93 x 4 to Derry, RTE 102 (W Broadway) to Wall St.
  • Flood Zone: Unknown
  • Assessment Amount: 177900
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 182.83
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1912
  • Sq Ft - Apx Total Finished: 1351
  • Property Type: Multi-Family
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Total Rooms Above Ground: 7
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1351
  • Sq Ft - Apx Unfinished BG: 561

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Asbestos, Clapboard, Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 3 - 5

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Electric, Forced Air
  • Electric Company: Eversouce
  • Phone Company: Consolitated
  • Total Ranges: 2
  • Total Refrigerators: 2

Schools

  • High School: Pinkerton Academy

Lot Info

  • Map: 120
  • Lot: 149
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: CBD
  • Deed Book: 4923
  • Deed Page: 1487
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 27360
  • Net Income: 18526
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Rate: 28.86
  • Tax Gross Amount: 5134
  • Tax Year: 2016

MLS Schools

  • School District: Derry School District SAU #10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 28, 2018
Sold by
Delviscovo Vincenzo
Bought by
Contraros Leo J
Seller's Agent
Steven Trefethen
Summerview Real Estate, LLC
Buyer's Agent
Steven Trefethen
Summerview Real Estate, LLC
List Price
$259,000
Sold Price
$247,000
Premium/Discount to List
-$12,000
-4.63%
Current Estimated Value
$457,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,064
Avg. Annual Appreciation
9.85%
Original Mortgage
$234,650
Outstanding Balance
$207,542
Interest Rate
4.9%
Estimated Equity
$272,481

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 6, 2018
Sold by
Swift Adam L
Bought by
Delviscovo Vincent
Seller's Agent
Jennifer Frost
Keller Williams Realty Metro-Londonderry
Buyer's Agent
Steven Trefethen
Summerview Real Estate, LLC
List Price
$197,000
Sold Price
$204,000
Premium/Discount to List
$7,000
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.33%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Caetano Laurene Marie
Bought by
Swift Adam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Mcdade James M and Mcdade Linda G
Bought by
Lebiecki Laurene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.9%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Chiaramida Sebastian
Bought by
Mcdade Linda G and Mcdade James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,250
Interest Rate
8.55%
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

Date Buyer Sale Price Title Company
Contraros Leo J $247,000 --
Delviscovo Vincent $204,000 --
Swift Adam L $155,000 --
Lebiecki Laurene M $150,000 --
Mcdade Linda G $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contraros Leo J $234,650
Previous Owner Mcdade Linda G $142,450
Previous Owner Mcdade Linda G $150,350
Previous Owner Mcdade Linda G $134,900
Previous Owner Mcdade Linda G $48,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $247,000 -4.6% $183 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $259,000 +27.0% $192 / Sq Ft
09/05/2018 09/05/18 Sold $204,000 +3.6% $151 / Sq Ft View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $197,000 -- $146 / 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 $6,983 $373,600 $195,900 $177,700
2023 $6,258 $302,600 $166,500 $136,100
2022 $5,762 $302,600 $166,500 $136,100
2021 $5,655 $228,400 $122,500 $105,900
2020 $5,559 $228,400 $122,500 $105,900
2019 $4,989 $191,000 $98,200 $92,800
2018 $4,771 $183,300 $98,200 $85,100
2017 $4,338 $150,300 $84,800 $65,500
2016 $4,067 $150,300 $84,800 $65,500
2015 $3,718 $127,200 $71,400 $55,800
2014 $3,742 $127,200 $71,400 $55,800
2013 $3,754 $119,200 $67,000 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4723078

PrimeMLS

APN: DERY-000030-000000-000149