One of Derry’s older buildings, located at the heart of town, is currently set to go up for auction soon.
Currently being possessed by James R. St. Jean Auctioneers in Epping, the conventional style home was built in 1910 and lies on 12 Laurel Street, situated on roughly .07 acres of land. It is just off of Crystal Avenue and situated between businesses such as Moo’s Place Homemade Ice Cream, Exotic 9 Nails and Sal’s Pizza, as well as the St. Thomas Aquinas Parish church. Furthermore, it is a short walking distance from the Downtown area.
The house itself contains one and three quarter stories and around one thousand, sixty square feet for its gross leasable area. Within the home are five rooms, three bedrooms, one bathroom and an unfinished basement, on top of vinyl siding, an open front porch and oil/forced hot air heating. The home is currently served by the town water and sewer systems and currently has an assessed value of one hundred and forty four thousand, two hundred dollars. It faced taxes in 2017 of four thousand, one hundred and sixty two dollars.
The auction is set to take place on Jan. 24 at 3 p.m., or Jan. 25 in the case of severe weather, at the site of the building. A preview of the home can be requested by contacting the Auctioneer prior to or even on the day of the sale up to 2 p.m.
There must be a minimum deposit of five thousand dollars by cash, certified check, bank check or other form of payment at the time of sale and a balance due within thirty days, as well as a 7.5 buyer’s premium payable to the auctioneer that is due at the closing of the auction. Other terms may be announced at the time of the sale and the Town of Derry reserves the right to reject any and all bids.
The sale of the house is subject to town confirmation and will be conveyed by Quitclaim Deed.
It will also be sold “As Is, Where Is” and is subject to all outstanding liens, if any.
For more information, please visit jsjauctions.com.