Shutesbury Deed Prices Range From $500 To $100,000 As Few Sales Disclose Value

SHUTESBURY -- Ten deeds were recorded in Shutesbury between July 17 and Aug. 15, but only three carried a disclosed sale price, and banks, a mortgage company or a credit union appear as a buyer or seller in six of the ten transactions.

MARKET OVERVIEW

Ten property transfers were recorded in Shutesbury over the four-week period. Of those, three deeds disclosed a sale price, ranging from $500 to $100,000, with a median of $25,000 among the disclosed sales. The remaining seven deeds listed no consideration amount, which is common in deed records and does not necessarily indicate the properties changed hands for no value. Because 70 percent of the period's transactions lack price data, the recorded figures offer only a partial view of market value in town during this span; judged by transaction count alone, ten recorded deeds represents a full month of turnover activity in Shutesbury.

TOP SALES

The highest-priced disclosed sale was 77 Baker Rd, which sold for $100,000 on July 20. Carrie Ann Myers was the seller; UMassFive College Federal Credit Union was the buyer.

449 Montague Rd sold for $25,000 on July 22. Erin E. Jacque was the seller; UMassFive College Federal Credit Union was the buyer.

A Shutesbury property without a listed street address sold for $500 on July 27. Shutesbury Athletic Club Inc. was the seller; James M. Plaza and Jane L. Plaza were the buyers.

The remaining seven transactions in the period did not disclose a sale price.

NEIGHBORHOOD BREAKDOWN

West Pelham Road accounted for two of the period's ten transfers: 56 West Pelham Rd, sold July 30 by David and Julie Breen, and 571 West Pelham Rd, sold July 22 by David F. and Margaret E. Gallagher. Neither sale disclosed a price or listed a buyer in the available data. No other street had more than one recorded sale in the period; single transactions were recorded at 50 Cushman Rd, 36 South Laurel Dr, 142 Pelham Hill Rd, 760 Pratt Corner Rd, 84 January Hills Rd and the unaddressed Shutesbury property noted above.

By price tier, all three sales with disclosed amounts fell under $500,000, spanning $500 to $100,000. No disclosed sale in the period exceeded six figures.

MARKET NOTES

Financial institutions were named as a party in six of the ten recorded transactions. Banks or a mortgage company appeared as seller in four deeds: Florence Bank and Florence Savings Bank at 50 Cushman Rd (buyer: Jody A. Shapiro), Greenfield Savings Bank at 142 Pelham Hill Rd (buyers: Edmund M. and Cynthia M. Keyes), Greenfield Cooperative Bank at 760 Pratt Corner Rd (buyers: Cynthia and Kevin Weir), and ADA Services Corp. together with R Block Mortgage Corp. at 84 January Hills Rd, which did not list a buyer. UMassFive College Federal Credit Union was the buyer in both of the two highest-priced disclosed sales, at 77 Baker Rd and 449 Montague Rd.

Three deeds in the period, at 56 West Pelham Rd, 571 West Pelham Rd and 84 January Hills Rd, list only a seller, with no buyer named in the available data. Bedroom, bathroom and square-footage figures were not available for any transaction in this period, and the deed data provided does not indicate property type.

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.