Sterling deed prices span $50,000 to $468,880 with $140,000 median

STERLING -- The Worcester County Registry of Deeds recorded 11 property transfers in Sterling between July 31 and August 29, but only three carried a disclosed sale price, ranging from $50,000 to $468,880 with a median of $140,000.

MARKET OVERVIEW

Eleven deeds were recorded in Sterling during the four-week period, a notable volume for a town of Sterling's size based on the raw count alone. Of those 11, only three, or roughly 27%, listed a consideration amount. The disclosed prices ranged from $50,000 to $468,880, with a median of $140,000. Because most transfers did not include a sale price, the disclosed figures should not be read as representative of the full month's market activity.

TOP SALES

The month's highest disclosed sale was a property in Sterling, recorded August 4 at $468,880; the deed record does not list a specific street address. The seller was Constantine Athanasiou and Jessica Wiggins; the buyer was Prestige Home Mortgage LLC and Mortgage Electronic Registration Systems Inc.

The second-highest disclosed sale was 5 Fox Run Rd, recorded August 4 at $140,000. The sellers were David M. Duarte and Deirdre M. Duarte; the buyer was Clinton Savings Bank.

The third disclosed sale was 48 Maple St, recorded July 31 at $50,000. The sellers were Jennifer L. Bolduc and Michael T. Bolduc; the buyer was All One Credit Union.

The remaining eight recorded transfers did not disclose a sale price: 9 Leos Way, 9 Leos Way Unit 9, 8 Leominster Rd, 25 Holden Rd, 53 Boutelle Rd, 92 N Row Rd, 132 Redemption Rock Trail and 4 Ashton Ln.

NEIGHBORHOOD BREAKDOWN

Leos Way saw two recorded transfers on the same day, August 4: 9 Leos Way and the condominium unit at 9 Leos Way Unit 9. Both listed Constantine Athanasiou and Jessica Wiggins as sellers on the main parcel, while the condominium unit was sold separately by Chocksett Landing Condominium Trust and Carl D. Corrinne, trustee. No other street in the dataset had more than one recorded transfer. The remaining eight addresses, 8 Leominster Rd, 25 Holden Rd, 53 Boutelle Rd, 92 N Row Rd, 132 Redemption Rock Trail, 4 Ashton Ln, 5 Fox Run Rd and 48 Maple St, each appear once. By price tier, the three disclosed sales split across a wide span: $50,000, $140,000 and $468,880, with no sales reported in the $140,000-to-$468,880 range.

MARKET NOTES

All three sales with disclosed prices involved a financial institution as either buyer or seller: Prestige Home Mortgage LLC and Mortgage Electronic Registration Systems Inc. as buyer at the $468,880 Sterling property, Clinton Savings Bank as buyer at 5 Fox Run Rd, and All One Credit Union as buyer at 48 Maple St. All One Credit Union also appears as a seller in the 25 Holden Rd transfer, and Mortgage Electronic Registration Systems Inc. appears again as a seller at 92 N Row Rd alongside Lakeview Loan Servicing LLC.

Several of the undisclosed-price transfers show shared-surname or trust structures consistent with within-family or estate transfers, including 132 Redemption Rock Trail (sellers Paul H. Janowicz and Walter M. Janowicz) and 8 Leominster Rd (seller Jane A. Manna, trustee, transferring from the Jane A. Manna Trust). No speculation is offered on the reasons behind these transfers. Beds, baths and square footage are not available in deed records and are omitted from this report.

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.