Rutland's lone priced sale this period closes at $560,000

RUTLAND -- Eleven property deeds were recorded in Rutland between Aug. 28 and Sept. 26, according to Worcester County Registry of Deeds data, but only one of those transactions carries a recorded sale price so far. The rest are still awaiting price data, which the registry typically adds within about a week of recording.

MARKET OVERVIEW

The dataset shows 11 total deed transfers for the period. Of those, one carries a recorded consideration amount: $560,000. Because only a single price is available, the range and median both stand at $560,000, and neither figure should be read as representative of the full month's activity until more prices post. Based on raw count alone, 11 recorded deeds is a moderate volume for a single reporting period in a town the size of Rutland.

TOP SALES

The only transaction with a recorded price so far is a property in Rutland that sold Aug. 31 for $560,000. The sellers were Joshua James Mondragon and Rachael Lee Mondragon; the buyers were Equity Resources Inc. and Mortgage Electronic Registration Systems Inc. No street address, bed, bath or square footage data was available for this transfer. Bed, bath and square footage figures are not captured in deed records for any of the transactions below and are omitted accordingly. The remaining 10 transactions recorded this period, including sales on Rolling Ridge Road, Edith Lane, Vista Circle, Edson Avenue Extension, Edson Avenue, Prouty Lane, Campbell Street, Brintnal Drive, Barre Paxton Road and Cheryl Ann Drive, do not yet have prices available.

NEIGHBORHOOD BREAKDOWN

With pricing available for only one of 11 transactions, a price-tier breakdown isn't possible this period. By street, most addresses in the dataset are unique to this reporting period, with one notable exception: Edson Avenue and Edson Avenue Extension both had transfers recorded Aug. 31, one involving N E Home Planning Center Inc. as seller and the other involving Joshua James and Rachael Lee Mondragon as sellers. The Mondragons also appear as sellers in the one priced transaction listed above, meaning the same sellers are tied to two separate deeds recorded the same day, one on Edson Avenue and the priced transaction elsewhere in Rutland.

MARKET NOTES

Several of the 11 recorded deeds list mortgage-related entities rather than individual owners as sellers or buyers, including Mortgage Electronic Registration Systems Inc., Digital Federal Credit Union, Main Street Bank, Plaza Home Mortgage Inc. and Quicken Loans LLC. These appear as parties in transfers involving 8 Rolling Ridge Road, 3 Edith Lane, 58 Campbell Street and 34 Brintnal Drive. The data does not indicate the nature or terms of these transfers beyond the parties named in the deed. No property-type classifications (single-family, condominium, multi-family) were included in the dataset, so no breakdown by type is possible this period. Because square footage was not provided for any transaction, no price-per-square-foot comparisons can be made. With 10 of 11 prices still pending, a fuller picture of September's market in Rutland should be available once the registry updates those figures, typically within about a week of the recording dates listed above.

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.