Only One of 15 Dudley Deeds Recorded a Sale Price This Period

DUDLEY -- Of the 15 property deeds recorded in Dudley between Sept. 4 and Oct. 3, only one carried a sale price in the Worcester County Registry of Deeds data available for this report, limiting what can be said about the month's overall property values.

MARKET OVERVIEW Fifteen property transfers were recorded in Dudley during the period. Just one, an 84 Mason Road transaction recorded Sept. 8, carried a sale price: $31,977. Registry price data typically posts within about a week of recording, so prices for the other 14 transfers had not yet appeared as of this report; they are listed here as price not yet available. Because only one transaction has a recorded price, that figure also stands as both the high and low of the range and the median for the period. It should not be read as representative of typical Dudley home values; the sale involved a loan servicing company as buyer, a pattern consistent with a mortgage-related rather than conventional transfer. With 14 of 15 recorded deeds still awaiting price data, it is not possible to judge whether September activity was active or quiet based on dollar volume. The raw count of 15 recorded deeds is the only full-period figure available.

TOP SALES Only one transaction in this dataset carries a recorded price. 84 Mason Road sold for $31,977 on Sept. 8. The seller was John W. Gillis; the buyers were Lakeview Loan Servicing LLC and Dart Collateral Manager LLC. Bed, bath and square footage figures are not available from deed records. The remaining 14 recorded transfers, at 55 Schofield Avenue, 71 Eagle Drive, 27 Noble Street, 24 George Street, 36 Oxford Avenue, 17 Wysocki Drive, 5 Cross Street, 2 School Court, 7 Fabyan Road, 109 Southbridge Road, 14 Sunset Drive, 94 New Boston Road, 29 Schofield Avenue, and one entry with no listed street address, had no sale price available in the registry data as of this report.

NEIGHBORHOOD BREAKDOWN Schofield Avenue had two recorded transfers this period, at 55 Schofield Ave. (Sept. 9) and 29 Schofield Ave. (Sept. 4); neither has a recorded price yet. No other street had more than one recorded transfer in this dataset. The remaining 13 transfers were spread across 13 different streets, with no other geographic concentration evident. Because only one of the 15 transfers has a recorded price, sales cannot be grouped into price tiers this period.

MARKET NOTES Property type, square footage and bed/bath counts are not available from deed records. A notable pattern in the data: banks, mortgage servicers or loan companies appear as the seller, the buyer or both in at least 10 of the 15 recorded transfers, including Bank of America, Bank of New York Mellon, Mortgage Electronic Registration Systems, Cardinal Financial, Lakeview Loan Servicing, U.S. Bank Trust, Webster Five Cents Savings Bank, Cross River Bank, Federal Deposit Insurance Corp. and Washington Mutual Bank. That mix is consistent with mortgage assignments, discharges or lender-involved filings rather than conventional buyer-to-seller purchases. Two transfers, at 17 Wysocki Drive and 14 Sunset Drive, involved parties sharing a last name, consistent with a transfer within the same family; deed records do not indicate the reason. One entry recorded Sept. 8 lists no street address and names Donaghy Developments Inc. and the Oxford Avenue Condominium, suggesting a condominium-association filing rather than a single-property sale.

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.