Daily Hampshire Gazette - Established 1786
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Property Briefing

  • This home at 111 High Point Drive in Amherst recently sold for $675,000.

    This home at 111 High Point Drive in Amherst recently sold for $675,000.

  • This home at 1286 South East St. in Amherst recently sold for $980,000.

    This home at 1286 South East St. in Amherst recently sold for $980,000.

  • This home at 111 High Point Drive in Amherst recently sold for $675,000.
  • This home at 1286 South East St. in Amherst recently sold for $980,000.

For the week ending Dec. 14, the sale of a property in Amherst for nearly $1 million was the highest recorded real estate transaction in Hampshire and southern Franklin counties, followed by sales of single-family homes in the same town and in Northampton.

Beth A. and George F. Moeri sold a home at 1286 South East St. for $980,000 to James Y. Kwak and Sylvia J. Brandt of Amherst. Kwak is the co-author of the best-selling book “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.”

Built in 2004, the 4,181-square-foot home has five bedrooms and five bathrooms and sits on 5.8 acres with views of the hills beyond. The property last changed hands for $850,000 in 2007. It is assessed at $707,100, according to land records.

The second-highest sale, for $675,000, also occurred in Amherst, where Michelle J. Budig and Michael P. Kirwan of Williamsburg acquired a 2,400-square-foot home on approximately 16 acres at 111 High Point Drive. Built in 2002, the contemporary-style home has four bedrooms and 3.5 bathrooms as well as an inground pool. The property, which sold for $482,000 a decade ago, is assessed at $576,000.

The third-highest sale involved a new home at Village Hill Northampton. Wright Builders Inc. of Northampton sold an energy-efficient single-family residence at 104 Olander Drive to Robert E. and Carole Adams Johnson of Northampton for $540,172. This is the second consecutive week that a home in the Olander Drive neighborhood, which is on the north side of the former Northampton State Hospital grounds, has appeared in Property Briefing.

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