Only two of nine Gardner deeds carry recorded sale prices this period

GARDNER -- Nine deeds recorded in Gardner between July 24 and August 22 reflect a mix of financial-institution transfers and debt-related transactions, with sale prices posted for only two of the properties so far.

MARKET OVERVIEW The Worcester County Registry of Deeds recorded nine Gardner transactions during the period, but only two carried a sale price at the time of this report; the remainder show "price not yet available," a common lag before the registry's data catches up, and two additional entries were nominal-consideration transfers that are not counted as market sales. Based on the two priced transactions, prices ranged from $215,500 to $245,160, with a midpoint of $230,330. With most of the period's deeds still pending price data, the raw count of nine recorded transactions is too incomplete to characterize the month as active or quiet.

TOP SALES The two transactions with recorded sale prices this period were a Gardner property, street address not specified in the deed record, that sold for $245,160, with Christopher Garcia and Zakayla Myli Akana as sellers and Navy Federal Credit Union as buyer; and 6 Moran St., which sold for $215,500, with Renay Arsenault as seller and Fairway Independent Mortgage Corp. as buyer. The remaining seven deeds, covering 7 Jonathan St., 227 Pine St., 335 West St., 293 Mill St., 6 Greenwood St., 58 Osgood St. and 282 Betty Spring Rd., have not yet posted sale prices or, in two cases, were recorded for nominal consideration rather than a market sale price.

NEIGHBORHOOD BREAKDOWN No street in this dataset had more than one recorded transaction. The two priced sales, at 6 Moran St. and the unspecified Gardner address, both fell in a narrow band between $215,500 and $245,160. The remaining properties, on Jonathan, Pine, West, Mill, Greenwood, Osgood and Betty Spring streets, are spread across different parts of town with no price data yet available to assign them to a tier.

MARKET NOTES Several of the sellers listed in this period's deeds are mortgage-related entities, including Mortgage Electronic Registration Systems Inc., Salem Five Mortgage Co. LLC, Bank of America NA and Mortgage Equity Partners LLC, a pattern often associated with bank-originated or foreclosure-related transfers. Two deeds, at 58 Osgood St. and 282 Betty Spring Rd., were recorded for nominal consideration with Midland Funding LLC as buyer in both cases; these are not market sales and were excluded from the price range and median. Bed, bath and square-footage data were not available in the deed records for any property this period, and the records do not indicate whether any of the properties are single-family homes, condominiums or multi-family units.

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.