Only One Of Eight Oakham Sales Reports A Price At $100,000

OAKHAM -- Eight properties changed hands in Oakham between July 17 and Aug. 15, but only one of those deeds disclosed a sale price: a $100,000 transaction on Barre Road that stands as the sole verified figure in this month's roundup of recorded transfers.

MARKET OVERVIEW Worcester County Registry of Deeds records show eight property transfers recorded in Oakham during the four-week period. Of those, one deed, or 12.5% of the total, listed a sale price: $100,000, for the property at 420 Barre Road. Because only one of eight transactions included a disclosed consideration amount, the reported price range and median for the period are both that same figure, $100,000. The other seven deeds did not include a sale price, which is common for family, trust and certain financial-institution transfers recorded at the registry. With price data available for just one of eight transactions, the overall price level of the local market cannot be assessed from this dataset. On raw count alone, eight recorded deeds represents the full scope of transfer activity captured for Oakham during the period; no prior-period figures were provided for comparison.

TOP SALES 420 Barre Road sold for $100,000 on July 29. The deed lists the seller as Susan M. Adamski, trustee, and the buyer as Allcom Credit Union. It is the only transaction in this period with a disclosed sale price and cannot be compared against the other seven, since none of them list a consideration amount. The remaining recorded transfers did not include a sale price in the available data: 926 Old Turnpike Road (July 31, seller Angelos Katsiaounis, buyer Taxiarchis Katsiaounis); 720 East Hill Road (July 30, sellers Melke Shabo and Courtney Shabo, no buyer listed); 78 Ware Corner Road (July 23, seller Lisa Oliver, buyer New England Water Heater Co. Inc.); and 116 Spencer Road (July 20, sellers Mortgage Electronic Registration Systems Inc. and WMC Mortgage Corp., no buyer listed). Because prices were not disclosed for these transfers, they cannot be ranked by value against the Barre Road sale.

NEIGHBORHOOD BREAKDOWN East Hill Road had two recorded transfers in the period: 581 East Hill Road (Aug. 3, seller listed as Mark J. Clockedile, trustee, and Theresa Coffey, trustee, no buyer listed) and 720 East Hill Road (July 30). Old Turnpike Road also had two: 926 Old Turnpike Road (July 31) and 0 Old Turnpike Road (July 30, seller Amidio Bros Inc., no buyer listed). A separate deed recorded Aug. 3 listed no street address, only "Oakham, MA," and named the same parties as the 581 East Hill Road transfer, with Mark J. Clockedile and Theresa A. Coffey as sellers and Theresa Coffey, trustee, and Mark J. Clockedile, trustee, as buyers. The remaining transfers, Barre Road, Ware Corner Road and Spencer Road, were single, distinct listings with no other same-street activity in the period.

MARKET NOTES Deed records for this period do not include beds, baths or square footage, so no per-property size or price-per-square-foot comparisons are possible. Two sets of transfers show matching surnames on both the seller and buyer lines. The Aug. 3 Oakham deed and the related 581 East Hill Road deed both involve Clockedile and Coffey, consistent with a transfer within the same family or into a trust. The July 31 Old Turnpike Road deed involves two people with the surname Katsiaounis, also consistent with a family transfer. Buyers named across the eight deeds span several types: an individual, a home-services business (New England Water Heater Co. Inc.), and a financial institution (Allcom Credit Union). Three deeds, for 0 Old Turnpike Road, 720 East Hill Road and 116 Spencer Road, list a seller but no buyer in the available data. The Spencer Road deed's sellers, Mortgage Electronic Registration Systems Inc. and WMC Mortgage Corp., are both parties commonly associated with mortgage-related filings rather than owner-occupant sales.

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.