West Newbury Median Home Sale Price Reaches $850,000 Amid Nine Property Transfers

WEST NEWBURY -- Nine properties changed hands in West Newbury between July 17 and Aug. 15, with disclosed sale prices ranging from $460,000 to $1.8 million, according to deeds recorded at the Essex County (Southern District) Registry of Deeds.

MARKET OVERVIEW

The registry recorded nine property transfers during the four-week period. Of those, five listed a sale price, with a median of $850,000 among the disclosed transactions. The other four deeds, covering 26 Coffin St, 10 Ridgeway Cir, 215 River Rd and 13 Steed Ave, did not disclose a sale price, which is common for certain deed types and does not necessarily indicate an unusual transaction. With no comparable prior-period data provided, this report presents the raw count of nine recorded transfers without characterizing the period as active or quiet.

TOP SALES

The month's highest-priced sale was 15 River Meadow Dr Lot 60D, which sold for $1.8 million on July 31. Joseph F. Wojdak sold the property to Caitlin D. Van Berkel. Bed, bath and square footage figures were not available from the deed record.

The second-highest sale was 12 Steed Ave Pcl 1A, which sold for $1.3 million on Aug. 12. ROA REA LLC sold the property to M.K. Hochschwender.

At 53 Crane Neck St, the property sold for $850,000 on Aug. 13. P.J.R. Gagliardi sold the property to L.M. White.

At 350 Middle St, the property sold for $800,000 on July 31. Maureen L. Knowles sold the property to Samuel Knowles; the shared surname indicates a transfer within the same family, though the deed does not specify the reason.

The lowest of the disclosed sales was 55 Main St, which sold for $460,000 on July 24. Jeff A. Burnside sold the property to Silvany G. De Oliveira Viera.

NEIGHBORHOOD BREAKDOWN

Steed Avenue was the only street with more than one recorded transfer in this period: 12 Steed Ave Pcl 1A sold for $1.3 million, while 13 Steed Ave Pcl 110 sold with no price disclosed.

By price tier among disclosed sales: one transaction was under $500,000 (55 Main St, $460,000); two fell between $500,000 and $1 million (53 Crane Neck St at $850,000 and 350 Middle St at $800,000); and two exceeded $1 million (15 River Meadow Dr at $1.8 million and 12 Steed Ave at $1.3 million). Four additional sales, at 26 Coffin St, 10 Ridgeway Cir, 215 River Rd and 13 Steed Ave, had no disclosed price and are not reflected in the tier breakdown.

MARKET NOTES

Several of the period's transfers involved matching or related surnames on both sides of the deed, a pattern common with trust and estate transactions. These include 26 Coffin St (Paul L. Sterling to Paul L. Sterling, trustee), 10 Ridgeway Cir (Karla J. Emmerling to Karla J. Emmerling, trustee), 215 River Rd (J.T. Lambert to J.T. Lambert, trustee), 13 Steed Ave (Amanda Pezzi to Remo M. Pezzi) and 350 Middle St (Maureen L. Knowles to Samuel Knowles). The deed data does not indicate the reason for these transfers, and none is speculated here.

Two of the nine addresses, 10 Ridgeway Cir Unit 10 and 215 River Rd Unit 4, are listed with unit numbers, indicating condominium sales rather than single-family transfers. The remaining seven addresses do not carry unit designations. Square footage was not available in any of the nine deed records, so no price-per-square-foot comparison could be calculated.

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.