Only One Of 12 Athol Property Transfers Shows A Sale Price

ATHOL -- Of the 12 property transfers the Worcester County Registry of Deeds recorded in Athol over the past month, only one carried a disclosed sale price as of this writing: a $225,750 transfer on Exchange Street. The rest of the period's recorded deeds, including several tied to mortgage servicers and banks, are still awaiting price data.

MARKET OVERVIEW

Twelve deed transfers were recorded in Athol between Aug. 28 and Sept. 26. Two of those were nominal-consideration transfers, not market sales, and are excluded from price analysis. Of the remaining 10, only one, the Exchange Street transfer, had a price posted to the registry: $225,750. The other nine had no price listed, which is typical given the registry's usual lag of about a week before consideration amounts post. Because only a single priced transaction is available, a meaningful price range or median cannot be calculated for the month beyond that one figure. Transaction volume, 12 total recorded transfers, is a reasonable count for Athol, though a notable share of this month's filings involve mortgage companies, loan servicers or banks rather than conventional buyer-to-seller sales, so the raw count does not necessarily reflect traditional home-sale activity.

TOP SALES

0 Exchange St sold for $225,750 on Aug. 31. The seller was Exchange LLC and the buyer was Cornerstone Bank. Beds, baths and square footage were not available in deed records.

The remaining 11 recorded transfers had no price yet available in registry data, so they cannot be ranked alongside the Exchange Street sale this month. Those included transfers at 15 Ivy Dr., 87 Prospect St., 1439 South Main St., 61 Byrd Ave., 89 Exchange St., 61 Summit Ave., 86 Newton St. and 215 School St., along with one transfer listed only under a general Athol, MA address with no street number provided in the data.

NEIGHBORHOOD BREAKDOWN

Exchange Street had two recorded transfers this period: 0 Exchange St, which sold for $225,750, and 89 Exchange St, where the seller was listed as Richard P. Gatautis and the price has not yet posted. No other street had more than one recorded transfer this month. A price-tier breakdown is not meaningful beyond noting that only one transfer, at $225,750, has a disclosed price; the other nine non-nominal transfers remain pending, and two additional transfers were nominal-consideration filings rather than sales.

MARKET NOTES

Nine of the 12 recorded transfers listed mortgage-related corporate entities as sellers, buyers or both, including Mortgage Electronic Registration Systems Inc., Quicken Loans Inc., Lakeview Loan Servicing LLC, Village Mortgage Co., Bay Equity LLC, Citizens Bank NA and AmeriTrust Mortgage Corp. This is a different pattern from traditional owner-to-buyer sales and is worth watching as price data fills in over coming weeks.

Two transfers were nominal-consideration filings rather than market sales. At 429 Hapgood St, Eduardo A. Garcia transferred the property to Urban Development for a token amount. At 164 Allen St, Joseph Cuticchia transferred the property to Joseph Robert Cuticchia, Trustee, and the Allen Street Trust; the shared surname indicates a family-related transfer, though the deed data does not specify a reason.

Property type, single-family, condominium or multi-family, could not be determined from the available deed data for any of the 12 transfers, and bed, bath and square-footage figures were not provided in any entry.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.