Wakefield sale prices span $15,000 to $1.38 million in latest deed filings

WAKEFIELD -- Eighteen property transfers were recorded at the South Middlesex Registry of Deeds for Wakefield between Sept. 25 and Oct. 24, with recorded sale prices ranging from $15,000 to $1,387,500. Nine of the 18 transactions carried a price at the time of this report; the remainder are listed as price not yet available, which is common for recently filed deeds and includes several transfers among family members or trusts.

MARKET OVERVIEW

Of the 18 recorded transfers, nine included a sale price, ranging from $15,000 to $1,387,500. The median sale price among those nine was $735,000. With nine of 18 deeds showing no price yet, read the median as a partial snapshot rather than a full picture of the month's market; the raw count of 18 recorded transfers is consistent with typical monthly volume for a town of Wakefield's size, though a direct comparison to prior months is not available from this dataset.

TOP SALES

The month's highest-priced transaction was 11 Aborn Ave, which sold for $1,387,500 on Sept. 30. William R. and Deborah Talbot sold the property to Scott and Joanne Shaw. The second-highest sale was 71 Converse St, which sold for $1,150,000 on Oct. 1; Pinecrest Realty Ventures LLC sold to Michael S. and Jenna L. Hall. Third was 5 Kathleen Dr, which sold for $1,030,000 on Sept. 30; Jose G. Perez sold to Catherine Thompson Murray and Aaron Joseph Crowley. Two sales tied for the next-highest price at $735,000: 3 Myrtle Ter, sold Oct. 1 by Michael E. DeBenedictis Jr. and Kathryn A. DeBenedictis to Erica Hammare, and 19 Butler Ave, sold Sept. 30 by Dinapoli Real Estate Properties Inc. and Dinapoli Real Estate Properties LLC to Zachary James Sears.

NEIGHBORHOOD BREAKDOWN

No single street recorded more than one priced sale this period, so sales are grouped by price tier. Under $500,000: three sales, led by 25 Old Nahant Rd at $345,000 and a condominium unit at 410 Salem St (Unit 1504, Building 15) at $325,230, plus a parking space at 294 Main St that sold for $15,000. Between $500,000 and $1 million: three sales, including 36 Charles St at $560,000 and the two $735,000 sales at 3 Myrtle Ter and 19 Butler Ave. Above $1 million: three sales, 11 Aborn Ave, 71 Converse St and 5 Kathleen Dr, as detailed above.

MARKET NOTES

Bed, bath and square footage figures were not available in the deed data for any property this period. The sales mix included at least one condominium unit (410 Salem St) and one parking space sale (294 Main St), distinct from the single-family transactions that made up most of the priced sales. Of the nine transfers without a recorded price, several list the same or closely related names as both grantor and grantee, consistent with family or trust-related transfers rather than open-market sales: 3 Fairmount Ter, 21 Chapman Rd, 5 Myrtle Ave, 137 New Salem St, 201 Broadway, 12 Franklin St and 14 Lassell St. The Franklin Street and Lassell Street deeds both list Michael A. Pirrello Jr. and Elaine M. Pirrello as trustees on both sides of the transaction. Two additional unpriced transfers, 57 Melvin St and an unspecified Wakefield parcel, involved limited liability companies as both buyer and seller.

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.