Monroe's Lone Disclosed Sale in Late Summer Deeds Closes at $150,000

MONROE -- The only Monroe property sale with a disclosed price over the past month closed for $150,000 on Manley Phelps Road, while three other deeds recorded during the same period, including a family trust transfer and transactions involving state and town entities, carried no listed price.

MARKET OVERVIEW

Four deeds were recorded in Monroe between Aug. 14 and Sept. 12. Of those, one listed a sale price: $150,000 for the property at 16 Manley Phelps Rd. That figure sets both the low and high end of the disclosed price range and stands as the period's only calculable median, since just one of the four transactions, or 25%, included a sale price. Deed records without a listed price are normal and do not necessarily indicate a lower-value transaction. With only one priced sale, the raw count of four recorded deeds is not sufficient on its own to characterize Monroe's market as active or quiet for the period; most of the recorded activity is not reflected in price data at all.

TOP SALES

16 Manley Phelps Rd. sold for $150,000 on Aug. 17. The seller was listed as Mario Carloni, as trustee, along with Family Forest Land Trust; the buyers were Priscilla J. Pierce and Glenn D. Reilly. Bed, bath and square footage figures were not available from the deed record.

Three additional transactions were recorded during the period, each with price not disclosed. A property at 1 Davis Rd. transferred on Aug. 31 from Paul M. Herber and Paul Martin Herber to Paul Martin Herber, as trustee, and the Paul Martin Herber Revocable Trust. A parcel at 98 North Rd. transferred on Aug. 20, with sellers listed as Final Harbor Farm LLC and Monroe Town Health; no buyer was listed in the record provided. A transaction with no street address specified transferred on Aug. 27, with the Massachusetts Department of Conservation and Recreation listed as seller; no buyer was listed in the record provided.

NEIGHBORHOOD BREAKDOWN

No two sales in this period shared a street name, so no street-level cluster emerged. By price tier, the period's activity breaks down as one sale under $500,000, the $150,000 Manley Phelps Road transaction, and three transactions with price not disclosed, located on Davis Road, North Road and an unspecified Monroe address.

MARKET NOTES

Two of the four recorded transactions involved trusts. The Manley Phelps Road sale listed Family Forest Land Trust as a seller party, and the Davis Road transfer moved the property from individual owners into the Paul Martin Herber Revocable Trust rather than to a new outside buyer. Two other transactions listed a government body as a party: the Massachusetts Department of Conservation and Recreation as seller in the Aug. 27 transfer, and Monroe Town Health as a listed party in the Aug. 20 transfer of 98 North Rd. Bed, bath and square footage figures were not available for any of the four transactions, 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.

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