No Sale Prices Posted Yet For Otis Properties Recorded Last Month

OTIS -- The Middle Berkshire Registry of Deeds recorded 16 property transactions in Otis between Sept. 25 and Oct. 24, but none carried a sale price as of this report, and most of the filings reflect mortgage discharges, bank assignments or family trust transfers rather than open-market sales.

MARKET OVERVIEW

The registry recorded 16 transactions in the period. No sale price was available for any of the 16 entries, so a price range and median cannot be calculated this month. Because sale prices typically post to the registry within about a week of recording, prices for transactions recorded later in the period, including those from Oct. 14 and Oct. 9, may still be forthcoming. The raw count of 16 recorded documents is higher than a typical month's sale volume would suggest, but a close look at the data shows the bulk of these filings are mortgage-related paperwork or internal family transfers, not transactions between unrelated buyers and sellers on the open market.

TOP SALES

Because no price data is available for any of the 16 recorded transactions, sales cannot be ranked by price this month. Among the period's notable transfers: the Town of Otis acquired a parcel from Larkum Lake Real Estate Co LLC, recorded Oct. 14, and acquired property at 245 Club House Dr. from Patrick R. Venus, recorded Sept. 25. Patrick R. Venus also received 245 Clubhouse Dr. through a declaration recorded the same day from Otis Wood Lands Club Inc., and separately took title to a Clubhouse Drive property, recorded Oct. 8, following a transfer involving Mortgage Electronic Registration Systems Inc. and Citadel Servicing Corp.

NEIGHBORHOOD BREAKDOWN

Clubhouse Drive, listed under slightly varying address formats, saw three recorded transactions this period: a mortgage-related transfer to Patrick R. Venus (Oct. 8), a declaration transfer to Venus from Otis Wood Lands Club Inc. (Sept. 25), and a transfer from Venus to the Town of Otis (Sept. 25). Ed Jones Road recorded two transactions at the same address, 485 Ed Jones Rd., both mortgage discharges from Adams Community Bank to Gail M. Natoli, recorded Oct. 2. The remaining 11 transactions were spread across individual streets: Deerberry Drive, Kibbe Road, Brookman Drive, Marcy Road, East Otis Road, Jamie Lane, Dwolfe Drive, Pine Road, Dimmock Road and Highland Way, each with a single recorded filing.

MARKET NOTES

Of the 16 recorded transactions, at least seven are labeled as mortgage-related filings tied to specific mortgage book and page references, involving parties such as Mortgage Electronic Registration Systems Inc., Adams Community Bank, Lee Bank and Pittsfield Cooperative Bank. These typically represent discharges or assignments rather than property sales between buyer and seller. At least four transactions involved transfers within the same family into a trust structure: the Hary family at 33 Deerberry Dr., the Hart family at 349 Brookman Dr., the Wasserman and Cohen families at 9 Jamie Ln., and the Gadaire family at 72 Marcy Rd. No bed, bath or square-footage data was available for any property, and no sale price had posted for any transaction as of this report, consistent with the registry's typical data lag rather than any withholding by the parties involved.

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.