Lincoln Home Sales Median Tops $1.25 Million in Active June
LINCOLN -- A Todd Pond Road property sold for $4,065,000 on June 29, anchoring a busy June that saw 14 recorded deed transfers in Lincoln, with 10 carrying disclosed sale prices ranging from $500,000 to $4,065,000.
- MARKET OVERVIEW
- The June period produced 14 recorded transactions in Lincoln, though only 10 carried disclosed consideration amounts. Among those 10, prices ranged from $500,000 at the low end to $4,065,000 at the top, with a median sale price of $1,250,930. Four transactions — at 64 Baker Bridge Road, 36 Hemlock Circle, 172 Trapelo Road, and 139 Bedford Road — listed no sale price, a common pattern in deed data where trust formations and estate-related transfers are involved. The 10 priced sales represent a solid month of transaction volume for a small town like Lincoln.
- TOP SALES
- The month's highest transaction was 70 Todd Pond Road, which sold June 29 for $4,065,000. The property was conveyed by the Risser Realty Trust, with Thomas A. Risser as trustee, to buyers Viviany R. Taqueti and Aaron D. Aguirre. Close behind was 123 Lincoln Road, which sold June 25 for $2,460,000; Christopher W. and Carrie Stamos sold the property to Debra L. Gettelman and Robert E. Koelzer. Third was 45 Weston Road, which changed hands June 26 for $2,311,000, with Neil B. Middleton and Susan Allen selling to Layne and Kimberly Ainsworth. Rounding out the top tier, 15 Mackintosh Lane sold June 17 for $2,020,000, conveyed by a revocable trust under Nicholas A. Covino Jr. to Magdalena Kuenkel and Zachary M. Ruff. A parcel on Sandy Pond Road — 134 Sandy Pond Road — sold June 11 for $1,681,861, with sellers Selina G. Rossiter and W. Allen Rossiter, both acting as trustees, transferring the property to Kelly Boehner and Stephen Grimes.
- NEIGHBORHOOD BREAKDOWN
- Four of the 10 priced sales topped $2 million, concentrated on Todd Pond Road, Lincoln Road, Weston Road, and Mackintosh Lane, reflecting the town's upper price tier. The mid-range, from roughly $820,000 to $1.7 million, claimed two sales: 34 Morningside Lane at $820,000 and 134 Sandy Pond Road at $1,681,861. The North Commons condominium complex on the town common accounted for two priced sales — 12 N Commons Unit R at $700,000 and 8 North Commons Unit 8C at $500,000 — making it the only location with multiple disclosed-price transactions. One sale with no street address on record, sold June 18 for $800,000 to the City of Cambridge, could not be assigned to a specific location in town.
- MARKET NOTES
- Of the 14 recorded transactions, at least four appear to involve trust formations or transfers between parties of the same surname — 64 Baker Bridge Road (Noguiera to Noguiera TR), 36 Hemlock Circle (Cisneros TR to Cisneros Living Trust), 172 Trapelo Road (Harmon to Harmon TR), and 139 Bedford Road (Hollister to Hollister TR) — a pattern consistent with estate planning activity, though no motivation is assumed. The sale of an unaddressed Lincoln parcel to the City of Cambridge for $800,000 is notable; deed records do not specify the parcel or its intended use. North Commons units represented Lincoln's only condo activity in the period, with both units selling below the month's median. The two North Commons sales establish a condo price band of $500,000 to $700,000, well beneath the single-family median.