Bank Transfers and Trustee Deeds Dominate Ashfield's July Recorded Sales

ASHFIELD -- Eleven property transfers were recorded in Ashfield with the Franklin County Registry of Deeds between July 3 and Aug. 1, but only two of those deeds disclosed a sale price, and banks or mortgage-servicing entities were named as either seller or buyer in nine of the 11 transactions.

MARKET OVERVIEW Eleven deeds were recorded in the period, but only two disclosed a consideration amount: $18,641 and $47,000. Based on those two figures, the median sale price was $32,820, though a two-sale median offers limited insight given that nine of 11 recorded transfers carried no disclosed price. Eleven transactions is a moderate level of recorded deed activity for a one-month period based on the raw count alone; no data for prior periods was provided for comparison.

TOP SALES Only two deeds in this period disclosed a sale price, so a full ranking of top sales is not possible from the available data.

1530 Williamsburg Road sold for $47,000 on July 24. Nicole Drury and Christopher D. Drury were the sellers; Florence Bank was the buyer.

166 Ludwig Road sold for $18,641 on July 27. John D. McGann and Vanessa L. McGann were the sellers; Greenfield Cooperative Bank was the buyer.

The remaining nine transfers recorded in the period -- at 1180 Hawley Road, 1704 Cape St., 562 Suburban Drive, 1594 Cape St., 1016 West Road, 193 Norton Hill Road, 1789 Baptist Corner Road, 892 West Road, and an unspecified Ashfield address -- did not disclose a consideration amount.

NEIGHBORHOOD BREAKDOWN West Road had two recorded transfers: 1016 West Road, from Florence Bank and Florence Savings Bank to Thomas F. Moore and Mandi E. Summers on July 21, and 892 West Road, from Wilmington Savings Fund Society FSB and Christiana Trust, both acting as trustee by attorney, to Mary L. Walker and Robert Walker on July 20.

Cape Street also had two: 1704 Cape St., from Greenfield Cooperative Bank to Emily W. Leue and Andrew Plumer on July 24, and 1594 Cape St., from Florence Bank and Florence Savings Bank to Daniel Dostal and Denae A. Dostal on July 22.

The remaining seven transfers were spread across Hawley Road, Ludwig Road, Williamsburg Road, Suburban Drive, Norton Hill Road, Baptist Corner Road and one Ashfield address without a listed street, with no additional street-level repeats.

MARKET NOTES Bank or mortgage-servicing entities were named as grantor or grantee in nine of the 11 recorded transfers. Florence Bank and Florence Savings Bank appeared together in four deeds (1530 Williamsburg Road, 1594 Cape St., 1016 West Road and 193 Norton Hill Road), and Greenfield Cooperative Bank appeared in two (166 Ludwig Road and 1704 Cape St.). JPMorgan Chase Bank, Rocket Mortgage and the pairing of Wilmington Savings Fund Society and Christiana Trust each appeared once. Several deeds also listed sellers acting as trustees or attorneys-in-fact, including Robert N. Cherdack and Jean A. Cherdack as trustees on the Hawley Road deed, and Wilmington Savings Fund Society and Christiana Trust acting as trustee by attorney on the West Road deed. The two disclosed prices, $18,641 and $47,000, are well below typical residential values, a pattern consistent with deeds involving bank grantors or grantees rather than open-market transactions. No property type, square footage or bedroom/bathroom data was available in this dataset.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Jul 6 - Jul 12

Jul 20 - Jul 26

Jul 27 - Aug 2

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