Nahant Sale Prices Range Widely as Two Deals Top $1.5 Million

NAHANT -- Seven property transfers were recorded in Nahant between June 26 and July 25, according to Essex County (Southern District) Registry of Deeds records. Three of the seven listed a sale price, ranging from $450,000 to $1,700,000, while four appear to be transfers between parties sharing the same last name or business entity.

MARKET OVERVIEW

The registry recorded seven property transfers in Nahant during the period. Of those, three disclosed a sale price, ranging from $450,000 to $1,700,000, with a median of $1,500,000. The remaining four deeds did not list a consideration amount. With only three of seven transactions disclosing price, the raw sales count alone does not indicate whether the broader market was active or quiet; a majority of this period's recorded activity consisted of transfers where sale price was not disclosed.

TOP SALES

The highest-priced transaction was 51 Fox Hill Rd, which sold for $1,700,000 on July 16. The seller was Eight One Eight Design & Development LLC, and the buyer was David F. Fougere.

The second-highest was 303 Nahant Rd Lot 3, which sold for $1,500,000 on July 14. Frederick H. Stanley sold the unit to Patrizia Colbert.

The third disclosed sale was 22 Sherman Ave Lot 48, which sold for $450,000 on July 1. Cheryl M. Amirault Lefave sold the unit to Nancy Deiters.

The other four recorded transfers in the period -- 10 Christopher Dr, 234 Wilson Rd, 46 Maple Ave Lots 18 & 19, and 29 Valley Rd Lots 1 & 2 -- did not disclose a sale price.

NEIGHBORHOOD BREAKDOWN

No two transfers this period shared the same street name; the seven deeds were spread across seven different streets, with no single-street cluster to report.

By price tier among the disclosed sales: one transaction fell under $500,000 (22 Sherman Ave Lot 48, at $450,000); none fell between $500,000 and $1 million; and two exceeded $1 million (303 Nahant Rd Lot 3 at $1,500,000 and 51 Fox Hill Rd at $1,700,000). The four transfers without a disclosed price -- at Christopher Drive, Wilson Road, Maple Avenue and Valley Road -- are not reflected in this tier breakdown.

MARKET NOTES

Four of the seven recorded deeds, or a majority of this period's activity, listed a grantor and grantee sharing the same last name or a closely related business name: Thomas F. Quinn III transferred 10 Christopher Dr to Thomas F. Quinn III as trustee; Brian Anthony Hoffmann transferred 234 Wilson Rd to Hoffmann Real Estate Management LLC; Joseph A. Ciota transferred 46 Maple Ave Lots 18 & 19 to himself; and Angela Bardgett transferred 29 Valley Rd Lots 1 & 2 to John Walter Bardgett. None of these four deeds disclosed a sale price, consistent with the pattern seen in trust, estate or family-related transfers recorded elsewhere in Massachusetts. The Townbrief does not have information on the motivation behind these transfers and none is implied.

The three disclosed sales appear to be transfers between unrelated parties. Deed records show a mix of property types in this period's activity: several addresses carried unit or lot designations (46 Maple Ave Lots 18 & 19, 303 Nahant Rd Lot 3, 29 Valley Rd Lots 1 & 2, and 22 Sherman Ave Lot 48), indicating condominium or subdivided-lot transfers, while 10 Christopher Dr, 234 Wilson Rd and 51 Fox Hill Rd were recorded without lot designations. The seller of 51 Fox Hill Rd, Eight One Eight Design & Development LLC, is identified in deed records as a development entity, though the registry data provided does not indicate whether the property involved new construction. Bedroom, bathroom and square-footage figures are not available from deed records and are omitted from this report.

Recorded Deeds

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

Jun 29 - Jul 5

Jul 13 - Jul 19

Jul 20 - Jul 26

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