Single Disclosed Sale in Monroe Sets $150,000 Benchmark for August

MONROE -- Monroe's registry of deeds activity for the past month included four recorded property transfers, but just one carried a disclosed sale price, leaving most of the period's activity outside public view.

MARKET OVERVIEW Four property transfers were recorded in Monroe between Aug. 7 and Sept. 5, according to Franklin County Registry of Deeds records. Of those four, only the Aug. 17 transfer at 16 Manley Phelps Road included a disclosed consideration amount, $150,000. Because that is the only price on record for the period, the price range and the median both stand at $150,000. Missing sale prices are common in deed data and do not necessarily indicate anything unusual about a transaction; family transfers, trust conveyances, and transfers involving government or nonprofit entities frequently omit a stated price. With three of four transfers in this period falling into that category, the disclosed figures offer only a partial view of market activity. A raw count of four recorded transfers in a month is too small a sample, on its own, to characterize the period as active or quiet.

TOP SALES 16 Manley Phelps Road is the only transaction in this period with a disclosed price, selling for $150,000 on Aug. 17. The deed lists the sellers as Mario Carloni, trustee, and Family Forest Land Trust, and the buyers as Priscilla J. Pierce and Glenn D. Reilly. No bed, bath, or square-footage information is available from the deed record.

The remaining three transfers, listed here in order of recording date, were completed without a disclosed consideration amount and cannot be ranked by price

1 Davis Road, recorded Aug. 31, price not disclosed. The deed lists the seller as Paul M. Herber, also recorded as Paul Martin Herber, and the buyer as Paul Martin Herber, trustee, and the Paul Martin Herber Revocable Trust.

98 North Road, recorded Aug. 20, price not disclosed. The deed lists the parties as Final Harbor Farm LLC and Monroe Town Health; no buyer is specified separately in the available data.

An unaddressed Monroe parcel, recorded Aug. 27, price not disclosed. The deed lists the seller as the Massachusetts Department of Conservation and Recreation; no buyer or street address is provided in the available data.

NEIGHBORHOOD BREAKDOWN The four recorded transfers were spread across separate locations, Davis Road, North Road, Manley Phelps Road, and one parcel with no listed street address, with no single street or neighborhood accounting for more than one transaction this period. By price tier, one transfer falls under $500,000: 16 Manley Phelps Road at $150,000. The other three transfers cannot be placed into a price tier because no consideration amount was disclosed.

MARKET NOTES Three of the four transfers recorded this period involved trusts, a land trust, or a government agency rather than a conventional two-party sale. The Aug. 31 transfer at 1 Davis Road moved the property from Paul M. Herber to Paul Martin Herber acting as trustee and to the Paul Martin Herber Revocable Trust, a pattern consistent with a within-family or estate-planning transfer; the deed data does not indicate a reason for the transfer. The Aug. 17 sale at 16 Manley Phelps Road, the period's only priced transaction, involved Family Forest Land Trust as a co-seller alongside an individual trustee. The Aug. 20 transfer at 98 North Road listed Monroe Town Health among the recorded parties, and the Aug. 27 transfer listed the Massachusetts Department of Conservation and Recreation as seller. Because only one of the four transfers included a sale price, and no square-footage figures were available from any deed, no price-per-square-foot comparisons or property-type breakdowns can be calculated from this data set.

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.