18 days on rocket

Sale Pending

5 Lake Ave, Derry, NH, 03038

$390,000

Home List Price

$4,631*

Closing Credit

2 Bedrooms
1 Full Bath
1,245 SqFt
$313/SqFt
House
Schools Nearby

Location

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5 Lake Ave, Derry$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1952
HeatingForced Air, Heat Pump
CoolingCentral Air
BasementYes
MLS #4995759
Lot Size0.09 Acres
StatusSale Pending
(Under Contract)

About 5 Lake Ave

Welcome to your very own charming Cape Style two-bedroom home nestled just a stone's throw away from Beaver Lake. The open kitchen and spacious dining area are perfect for hosting gatherings or simply enjoying meals with loved ones. A woodstove in the living room adds a touch of warmth and ambiance, especially during colder months, while the large bedrooms and family room offer plenty of space for relaxation. The vaulted ceilings and exposed beams add such character and style making the space even more inviting!! The combination of these architectural features with the cozy elements of the woodstove and large bedrooms, makes a wonderful balance between rustic charm and modern comfort. Having ample storage is always a plus and there's no disappointment here with the large closets and pantry - helping to keep the living space clutter-free. It's a delightful retreat near Beaver Lake, perfect for creating lasting memories. It's the kind of New England place where one could truly be at home!! Showings Begin Fri,Sat & Sun May 17-19 10am to 6pm

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 2
  • Living Area: 1,245 SqFt

Listing Office:

  • Office Name: BHHS Verani Londonderry
  • Office Phone: (603) 231-6230
  • Listing Agent: Karen Rand

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Blinds, Ceiling Fan, Hearth, Wood Stove Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Derry Rotary, go east on Chester Road (rte 102) to North Shore Road; North Shore Rd to Lake Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $313/SqFt
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Housing Market Comparison

See how this home compares to others in Derry, NH.

Med. Sold Price

$475K

Med. Price/SqFt

$309

Avg. Days On Market

54

# of Sold Homes

27

5 Lake Ave vs Derry

18 DAYS ON ROCKET

-36 Days

$390,000

-$85K Less

$313/SqFt

+$3 More

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $3/SqFt more than other homes in Derry, NH.

Based on homes sold in May 2024

MLS Details

MLS Information:

  • MLS Number: #4995759

Listing Office:

  • Office Name: BHHS Verani Londonderry
  • Office Phone: (603) 231-6230
  • Listing Agent: Karen Rand

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 19, 2020Home Sold
$289,000
Oct 21, 2015Home Sold
$169,000
Jul 16, 2008Home Sold
$175,900
Nov 28, 2006Home Sold
$125,000
Nov 05, 1999Home Sold
$89,900
Nov 27, 1996Home Sold
$30,000

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7909855
5
/10
  • Ernest P. Barka Elementary School

  • 21 Eastgate Rd

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-7909856
7
/10
  • Derry Village School

  • 28 S Main St

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-7909857
6
/10
  • East Derry Memorial Elementary School

  • 18 Dubeau Dr

  • 2.10 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,323. Most Derry, NH residents have annual incomes between $100k-200k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Lake Ave

What is the listing price of this property?

The listing price of 5 Lake Ave property is $390,000.

What type of property is this?

The property 5 Lake Ave is a house located in Derry, New Hampshire, 03038.

Is this property for sale now?

Sale Pending: 5 Lake Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

When was this property sold last time and for how much?

The last sale was on November 19, 2020 for $289,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Lake Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5 Lake Ave is 1,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Lake Ave is 1952.

Rocket HomesNew HampshireRockingham CountyDerry030385 Lake Ave

This home is located at 5 Lake Ave in Derry, NH and zip code 03038. This 1,245 square foot home, which was built in 1952, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $390,000.

In May 2024 more than 19 listings in Derry, NH were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Derry, NH between April 2024 and May 2024 increased by 77.6%. In May 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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