Revere Deed Data Shows Near-Total Price Blackout Across June Recording Period
REVERE -- Just one of 11 recorded property transfers in Revere between June 1 and June 2, 2026, carried a disclosed sale price, limiting what the data can reveal about current market conditions. Several transactions involved institutional parties — including mortgage servicers, a savings bank, and a utility company — suggesting a notable share of this period's activity falls outside conventional arm's-length sales.
- MARKET OVERVIEW
- Eleven deeds were recorded during the period, but only one transaction disclosed a consideration amount: $250,000, recorded June 1 at 108 Fenno St. With a single disclosed price, no meaningful range or median can be calculated. The volume of 11 transfers across roughly two days is not insignificant, but the near-total absence of disclosed pricing makes it impossible to characterize market conditions from price data alone.
- TOP SALES
- 108 Fenno St. is the only transaction with a disclosed sale price this period. The property sold June 1 for $250,000; Cheryl Parcellin is listed as seller and Salem Five Cents Savings Bank as buyer. The institutional buyer suggests this may be a deed-in-lieu or similar instrument rather than a conventional purchase, though the data does not specify the nature of the transaction.
- NEIGHBORHOOD BREAKDOWN
- Proctor Avenue accounts for two of the 11 recorded transfers: 510 Proctor Ave., where Rocket Mortgage LLC conveyed the property to Frank and Annette Marino, and 14 Proctor Ave., where Gennaro D'Ambrosio conveyed to Operative Bank — both recorded June 2, both without disclosed prices. The remaining transfers are spread across Lowe St., Derby Rd., Lawson Ave., Keayne St., Fenno St., Revere Beach Pkwy., Winthrop Ave., and Overlook Ridge Dr., with no further street clusters apparent in the data.
- MARKET NOTES
- Several transfers in this dataset involve institutional grantees or grantors that are atypical of standard residential sales. Salem Five Cents Savings Bank appears as buyer at 108 Fenno St.; Deutsche Bank National Trust Company appears as buyer at 10 Overlook Ridge Dr. from the Federal Home Loan Mortgage Corporation; and Massachusetts Electric Company acquired 585 Revere Beach Pkwy. from the Ambassador East Condominium Trust. At 936 Winthrop Ave., the seller and buyer share the Tolis name, consistent with a trust restructuring or intra-family transfer, though no motivation can be confirmed from the deed record alone. The transfer at 36 Derby Rd. from John Fitzgerald to Everbright LLC reflects a sale to a corporate entity; price was not disclosed.