Just One of Ten Winchendon Property Transfers Reports a Sale Price

WINCHENDON -- Ten property transfers were recorded at the Worcester County Registry of Deeds for Winchendon between Aug. 21 and Sept. 19, but only one, a $70,000 transaction on Cedar Street, had a sale price posted to the registry by the time records were reviewed. The other nine deeds recorded in the period involved mortgage lenders, trustees or family members and had no price attached yet.

MARKET OVERVIEW

Ten deeds were recorded in Winchendon during the four-week period. Of those, one carried a recorded sale price: the Aug. 24 transfer of 20 Cedar St. for $70,000. That makes the period's price range and median both $70,000, though that figure reflects a single transaction rather than the full group of ten. Prices for the remaining nine transactions had not yet posted to the registry as of this report, which is typical for newly recorded deeds and usually reflects a lag of about a week rather than any withholding of information. Based on the raw count alone, ten recorded deeds in four weeks is a moderate volume of recording activity for the town, but with pricing available for only one in ten transactions, the underlying market cannot be characterized as active or quiet from this data set.

TOP SALES

20 Cedar St. sold for $70,000 on Aug. 24. The deed lists Paul E. Devoe Jr. and April Devoe as sellers and Pennymac Loan Services LLC and Mortgage Electronic Registration Systems Inc. as buyers. Bed, bath and square footage figures were not available in the deed record. No other transaction recorded in this period has a price on file yet, so no additional properties can be ranked among the top sales this month.

NEIGHBORHOOD BREAKDOWN

The ten recorded transfers were spread across nine different streets and one address listed only as Winchendon, MA, with no two transactions sharing a street name: Ash Street, Cedar Street, Hale Street, Morse Avenue, Emerald Street, Liberty Road, Lincoln Avenue, Island Road and Joslin Road. By price tier, the single recorded sale, 20 Cedar St. at $70,000, falls under $500,000. The remaining nine transactions, on Ash Street, Hale Street, Morse Avenue, Emerald Street, Liberty Road, Lincoln Avenue, Island Road, Joslin Road and one unlisted address, do not yet have prices on file and cannot be sorted into a tier.

MARKET NOTES

Several of the sellers named in this period's deeds are financial institutions or loan servicers rather than individual homeowners: Mortgage Electronic Registration Systems Inc. appears as a seller in the 337 Ash St. and 98 Morse Ave. transfers, and Greenpark Mortgage Corp., HSBC Finance Corp., IC Federal Credit Union and Village Mortgage Co. each appear as sellers in one additional deed. The Cedar Street transaction, the only one with a recorded price, also lists Pennymac Loan Services LLC and Mortgage Electronic Registration Systems Inc. as buyers. Two transfers involve family trusts: 12 Liberty Rd. was transferred by Matthew J. Robinson and Heather M. Robinson as trustees, and 0 Island Rd. was transferred from Judi A. Richard as trustee to the Judi A. Richard Revocable Trust. The 900 Lincoln Ave. deed lists Louise A. Brewer and Daniel J. Brewer, who share a surname, as sellers. No beds, baths or square footage figures were available in any of the ten deed records, so no price-per-square-foot or property-type comparisons can be made this period.

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.