Monroe's Only Disclosed July Sale Closes At $250,000, Three Prices Withheld

MONROE -- Four properties recorded new ownership in Monroe between July 17 and Aug. 11, according to Franklin County Registry of Deeds records, but only one transaction disclosed a sale price, leaving most of the period's market activity without a dollar figure attached.

MARKET OVERVIEW The registry recorded four sales during the period. Of those, one deed disclosed a sale price: $250,000. With only a single disclosed price, the range and median both stand at $250,000, and no meaningful median can be calculated across the full set of four sales. Three of four deeds, or 75%, carried no disclosed consideration amount, which is common for certain deed types but limits how much can be said about pricing trends this period. Judged on raw count alone, four recorded sales over the four-week span is a small sample for Monroe.

TOP SALES 10 Davis Rd. sold for $250,000 on July 17. Seller Hunter R. Oakes transferred the property to Adams Community Bank. 16 Manley Phelps Rd. sold Aug. 11; price not disclosed. Seller Jeanne P. Carloni transferred the property to John J. Carloni. 161 Main Rd. sold Aug. 6; price not disclosed. Sellers Michael Thoresen and Sheila M. Thoresen transferred the property to Onslow Bay Financial LLC. 43 Kingsley Hill Rd. sold July 24; price not disclosed. Seller William R. Wallace transferred the property to JLS Property Solutions LLC and BSF Acquisition Solutions LLC.

NEIGHBORHOOD BREAKDOWN The four sales occurred on four separate streets, Manley Phelps Road, Main Road, Kingsley Hill Road and Davis Road, with no street seeing more than one transaction. By price tier, one sale falls under $500,000 (10 Davis Rd. at $250,000); the price tier of the remaining three sales cannot be determined because their sale prices were not disclosed.

MARKET NOTES Three of the four buyers in this period were businesses or institutions rather than individuals: Adams Community Bank, Onslow Bay Financial LLC, and the joint buyer entity of JLS Property Solutions LLC and BSF Acquisition Solutions LLC. The fourth transaction, at 16 Manley Phelps Rd., involved a seller and buyer who share the Carloni surname. No bed, bath or square-footage data is available for any of the four properties from the deed records reviewed. The absence of disclosed pricing on three of four deeds is the most notable pattern in this period's data.

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.