Spencer's lone disclosed August sale closes at $644,800

SPENCER -- Thirteen property deeds were recorded in Spencer between July 31 and Aug. 29, but only one disclosed a sale price to the registry, limiting what can be said about pricing trends this period. The disclosed sale, at $644,800, involved a lender and mortgage-registration company as buyer, a pattern that appeared elsewhere in the month's filings.

MARKET OVERVIEW

Thirteen deeds were recorded in Spencer during the period. Of those, only one, or roughly 8 percent, included a disclosed sale price: $644,800. Because sale prices were withheld or not applicable for the other 12 transactions, the recorded price range and median both equal that single figure, $644,800. Raw deed volume of 13 transfers appears active for a one-month period, but with 12 of 13 prices undisclosed, that count alone cannot be read as a signal of market strength or weakness.

TOP SALES

The lone disclosed sale was recorded Aug. 4 at a Spencer address listed in deed records only as "Spencer, MA," with no street address specified, for $644,800. Monica Miller is listed as seller; the buyers are TD Bank N.A. and Mortgage Electronic Registration Systems Inc., a pairing typically seen in bank-related property transfers. No other transaction in the period disclosed a sale price, so the remaining 12 deeds cannot be ranked by price. Among them, notable transfers include 172 Ash St., recorded Aug. 5 with Teresa Dimolfetta and Solar Mosaic Inc. as sellers; 97 Pleasant St., recorded Aug. 3 with Webster First Federal Credit Union and David B. Woodward as sellers; and 20 Wilson St., recorded Aug. 3 with the Spencer Town Treasurer and Donna McElroy as sellers. Beds, baths and square footage are not available from deed records for any transaction.

NEIGHBORHOOD BREAKDOWN

Two street names each had two recorded transfers in the period. Sherry Lane saw deeds at both 1 Sherry Lane (Aug. 5, sellers Robert W. and Emily S. Howard) and 5 Sherry Lane (Aug. 3, sellers Jeffrey and Lisa Olson). Old Farm Road also had two deeds: 26 Old Farm Road (Aug. 4, sellers Mortgage Electronic Registration Systems Inc. and Anthony Theodore Wood) and 6 Old Farm Road (Aug. 3, sellers Mary Ellen and Michael Tenore). The remaining nine transfers were spread across nine other streets: Ash Street, Marble Road, Eagleton Street, Wilson Street, Church Street, Pleasant Street, Grove Street, and Borkum Road, with no other street repeating. Because only one sale disclosed a price, transfers cannot be grouped into price tiers.

MARKET NOTES

Several of the month's deeds involved parties associated with mortgage, lending or municipal processes rather than a straightforward private sale. Mortgage Electronic Registration Systems Inc. appears three times in the dataset: as a buyer alongside TD Bank N.A. in the $644,800 sale, and as a seller in the 26 Old Farm Road and 30 Marble Road transfers. Webster First Federal Credit Union is listed as seller at 97 Pleasant St. The Spencer Town Treasurer is listed as seller at 20 Wilson St., and Spencer Town Health is listed as buyer at 25 Church St. Solar Mosaic Inc., a company associated with home solar financing, is listed alongside Teresa Dimolfetta as seller at 172 Ash St. Monica Miller is listed as seller in two separate transactions recorded the same day, Aug. 4: the $644,800 sale at the unspecified Spencer address and a price-not-disclosed transfer at 4 Eagleton St. One deed, 59 Borkum Road, lists sellers Willian Ferreira Deoliveira and Chayen Dwlian Teixeira Deoliveira sharing a surname, consistent with a family transfer; deed records do not indicate the reason. Property type (single-family, condominium or multi-family) is not specified in any of the 13 deed records, so no breakdown by type can be reported.

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.