Just Two of 11 Revere Deeds Filed This Month Disclosed a Sale Price

REVERE -- Suffolk County Registry of Deeds records show 11 property transfers recorded in Revere between June 26 and July 25, but only two carried a disclosed sale price, limiting what can be said about the broader market this period.

MARKET OVERVIEW

Eleven deeds were recorded in Revere during the period. Of those, two listed a consideration amount: $110,000 and $135,050, producing a price range of $110,000 to $135,050 and a median of $122,525 based on those two transactions. The remaining nine deeds, or the large majority of the period's recorded transfers, listed no sale price, which is common for certain deed types such as mortgage assignments, trustee transfers and family transfers. Because disclosed pricing covers only two of 11 transactions, the price range and median above describe those two sales specifically and should not be read as representative of the full set of transfers. On raw count alone, 11 recorded deeds is the total for this window; no prior-period figures were provided for comparison, so this reporter cannot characterize the period as active or quiet relative to other months.

TOP SALES

With only two disclosed-price transactions in the dataset, both are reported here rather than a longer ranked list.

The higher of the two was 36 Blake St, which sold for $135,050 on June 26. Jorge Medina was the seller; Eastern Bank was the buyer.

The second was 1695 North Shore Rd, Unit 17, which sold for $110,000 on June 26. Taib Benkirane was the seller; Eastern Bank was the buyer.

The remaining nine recorded transfers -- at addresses including 458 Park Ave, 66 Arcadia St (Unit B), 787 N Shore Rd, 138 Pearl Ave (Unit 1), 15 Dana St, 376 Ocean Ave (Unit 1615), 16 Lowell St, 38 Endicott Ave, and one entry with no listed street address -- had no disclosed consideration amount and are reported below as price not disclosed.

NEIGHBORHOOD BREAKDOWN

By price tier among the two disclosed sales, both fell under $500,000: $135,050 at 36 Blake St and $110,000 at 1695 North Shore Rd, Unit 17.

North Shore Road saw two transfers in the period -- 787 N Shore Rd and 1695 North Shore Rd, Unit 17 -- though only the latter had a disclosed price. No other street had more than one recorded transfer in this dataset.

The nine transfers without disclosed pricing were spread across Park Avenue, Arcadia Street, Pearl Avenue, Dana Street, Ocean Avenue, Lowell Street, Endicott Avenue and one deed with no address listed, with no other repeated street names among them.

MARKET NOTES

Deed data included no bedroom, bathroom or square-footage figures for any of the 11 transfers, so no price-per-square-foot comparisons are possible.

Several deeds listed unit numbers -- 66 Arcadia St Unit B, 1695 North Shore Rd Unit 17, 138 Pearl Ave Unit 1, and 376 Ocean Ave Unit 1615 -- indicating condominium transactions, alongside deeds without unit designations that suggest single-family or multi-family properties. The dataset does not specify property type beyond what these unit designations show.

Lending and mortgage-related entities appear as grantor or grantee on several deeds, including LoanDepot.com LLC and Mortgage Electronic Registration Systems Inc. on one transfer, New Residential Mortgage LLC and NewRez LLC on the 458 Park Ave transfer, PrimeLending and Mortgage Electronic Registration Systems on the 138 Pearl Ave transfer, Mortgage Electronic Registration Systems Inc. on the 376 Ocean Ave transfer, and Eastern Bank as buyer on both disclosed-price sales. This reporter draws no conclusion about the reason for these transfers beyond noting that lending institutions are named parties on the deeds.

A small number of transfers appear to involve family or trust arrangements based on shared surnames or entity names: 15 Dana St, where the seller was Marie Doirin and the buyer was Josee S. Doirin; the 787 N Shore Rd transfer, where the seller included Lenders Trust; the 16 Lowell St transfer, where the seller included the O'Brien Family Irrevocable Trust; and 38 Endicott Ave, where the seller names Kelly D. Munera Velasquez and Jorge A. Munera Bedoya share a surname. As instructed by deed-record convention, no motivation is inferred for these transfers.

Recorded Deeds

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

Jun 22 - Jun 28

Jun 29 - Jul 5

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