Only One of Eight Recorded Oakham Property Sales Discloses a Price

OAKHAM -- Eight properties changed hands in Oakham between June 19 and July 18, according to deeds recorded at the Worcester County Registry of Deeds, but only one of those transactions disclosed a sale price.

MARKET OVERVIEW Eight sales were recorded during the period. Of those, just one included a disclosed consideration amount: $530,000, recorded June 29. Because it is the only priced transaction in the dataset, that figure also serves by default as the period's low, high and median sale price. The remaining seven transfers were recorded without a stated price, a pattern common to certain deed types, including transfers involving trusts and transfers where a bank or credit union appears as seller. Judged purely on the raw count, eight recorded property transfers over a roughly one-month span points to steady transaction volume in Oakham. But with pricing disclosed for only one of eight deeds, the data offers little basis for judging where the broader market stands on value, and no comparison to prior periods or to statewide figures is possible from this dataset alone.

TOP SALES The lone disclosed sale was recorded June 29: a $530,000 transaction with Shawn Freniere listed as seller and CMG Mortgage Inc. and CMG Home Loans listed as buyer. The deed record for this transaction did not include a specific street address, only "Oakham, MA." No bedroom, bathroom or square-footage figures were available.

The other seven recorded transfers did not disclose a sale price: -- 70 Skyline Drive, recorded June 29, with Shawn Freniere listed as seller. -- 183 Hapgood Road, recorded June 26, with Scott Forsyth Seeley, trustee of the Virginia F. Seeley Revocable Living Trust, listed as seller and Scott F. Seeley listed as buyer. -- 1026 Lincoln Road, recorded June 24, with North Brookfield Savings Bank and Wendy M. Stanikmas listed as sellers. -- 83 Edson Road, recorded June 23, with Digital Federal Credit Union and Darryl Budge listed as sellers. -- 116 Spencer Road, recorded June 22, with Michael Cudak and Jessica Cudak listed as sellers.

Because none of these seven transactions disclosed a price, they cannot be ranked against the $530,000 sale or against one another by value.

NEIGHBORHOOD BREAKDOWN The eight recorded transfers were spread across eight different locations -- Skyline Drive, Hapgood Road, Lincoln Road, Edson Road, Spencer Road, Old Turnpike Road, North Brookfield Road, and one transaction listed only as "Oakham, MA" with no street address -- and no single street accounted for more than one sale during the period. By price tier, only the $530,000 transaction can be placed with confidence, landing in the $500,000-to-$1 million range. The other seven sales cannot be sorted into price tiers because no consideration amount was recorded for any of them.

MARKET NOTES Two of the eight transfers involved a trust. The Hapgood Road property moved from Scott Forsyth Seeley, acting as trustee of the Virginia F. Seeley Revocable Living Trust, to Scott F. Seeley individually. The North Brookfield Road property was conveyed by Christopher Brousseau and Laurie Brousseau, both listed as trustees, though no buyer was named in the record reviewed. The deed data does not specify the nature of either trust or the reason for the transfers.

Financial institutions are also listed as sellers in two records: North Brookfield Savings Bank appears alongside Wendy M. Stanikmas as seller of the Lincoln Road property, and Digital Federal Credit Union appears alongside Darryl Budge as seller of the Edson Road property. Two additional transfers -- 1343 Old Turnpike Road and 116 Spencer Road -- listed only a seller, with no buyer named in the record.

The dataset does not specify property type -- single-family, condominium or multi-family -- for any of the eight transactions, and no square-footage or bedroom/bathroom figures were available for any listing, so no price-per-square-foot comparison 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.

Jun 22 - Jun 28

Jun 29 - Jul 5

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