Adams Community Bank appears as buyer in period's three priciest sales

ADAMS -- Adams Community Bank was named buyer in three of the four transactions with recorded prices in Adams during the period covering late August into late September, a pattern visible in deed filings from the Northern Berkshire Registry of Deeds covering Aug. 28 through Sept. 26.

MARKET OVERVIEW The registry recorded 15 property transfers in Adams during the period. Of those, four carried a recorded sale price, ranging from $25,000 to $308,000, with a median of $155,500 among the priced transactions. The remaining 11 entries show "price not yet available," which is typical when a deed has been recorded but the consideration amount has not yet reached the registry's public data; one additional entry, at 35 Summer St., is listed as a nominal-consideration transfer and is not counted toward the price range or median. With only four of 15 filings showing a price so far, the period's market activity cannot be fully assessed from this dataset alone.

TOP SALES The highest-priced transaction was 101 East Rd., which sold for $308,000 on Aug. 31; the seller was listed as Erik R. Pizani and the buyer as Adams Community Bank. The second-highest was 6 East St., which sold for $211,000 on Aug. 31, with MJ Downing as seller and Adams Community Bank as buyer. Third was 14 Ouimet Dr., which sold for $100,000 on Aug. 31, with Dylan M. Grimes as seller and Adams Community Bank as buyer. The fourth priced sale, 46 Summer St., sold for $25,000 on Aug. 28; the seller was Jamie Gaston and the buyers were Mortgage Electronic Registration Systems Inc. and Total Mortgage Services LLC. Bed, bath and square-footage figures were not available in the deed data for any of these properties.

NEIGHBORHOOD BREAKDOWN Summer Street saw two separate filings this period: the $25,000 sale at 46 Summer St. and a nominal-consideration transfer at 35 Summer St. involving Robert D. Henry as seller and Mortgage Electronic Registration Systems Inc. and CrossCountry Mortgage LLC as buyers; a related deed book entry for 46 Summer St. was also recorded separately. East Road also appeared twice, with the $308,000 sale at 101 East Rd. accompanied by a separate mortgage-related filing at the same address, while 53 East Rd. was recorded with Greylock Federal Credit Union and Joseph J. Jamros listed as sellers and no price yet available. All four transactions with recorded prices fell under $500,000; no sales above that threshold were recorded in this period's priced data.

MARKET NOTES Financial institutions figured prominently in this period's filings. Adams Community Bank was listed as either buyer or seller in five of the 15 entries, including as buyer in the three highest-priced sales. Greylock Federal Credit Union appeared in two filings as seller, and Mortgage Electronic Registration Systems Inc. appeared as buyer in two filings. One entry, at 80 Columbia St., was tied to an amended notice of tax filing and tax lien complaint, with Wayne Pause listed as seller and the town of Adams as buyer; no price was available. No square-footage or property-type data was available to assess price-per-square-foot patterns or the mix of single-family, condominium or multi-family sales this period.

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.