No. 20359 22 Bailey Street, image from Google Street View, July, 2020.
Date of construction: 1870
Based on mortgage from Robinson to Dix, December, 1870.
Two-story house, where the second floor has a Mansard roof
Owners from maps and atlases
1874 Newhall
1884 Sarah Starrett
1889 Sarah Starrett
1894 Richard F. Moore
1898 Richd F. Moore
1904 Richd F. Moore
1910 Richd F. Moore
1918 Richd Moore
1933 John M. Moore 5,176 sf
Deed
November 24, 1882 from Henrietta H. M. Delano and Edwin F. Delano to Sarah M. Starratt, wife of John L. Starratt 1580.126 lot 95
consideration $2,300 with the buildings thereon
October 2, 1880 from Amos M. Leonard to Henrietta H. M. Delano 1505.23
consideration $2,400 parcel with the buildings thereon
June 5, 1879 from Mercantile Savings Institution to Amos M. Leonard 1459.14
consideration $1,475
March 1, 1879 from Charles H. Johnson to Mercantile Savings Institution 1449.131
consideration $1,700
February 5, 1879 as a result of foreclosure of mortgage from Benjamin B. Newhall to Mercantile Savings Institution and selling to Charles H. Johnson 1449.122 with buildings
consideration $1,700
mortgage for $2,000 June 12, 1871 from Benjamin B. Newhall to Mercantile Savings Institution 1054.154
land with the buildings thereon
payment schedule: $200 in one year, $200 in two years, and $1600 in three years from this date with interest semi-annually at 8% per annum
borrower to pay taxes and keep the buildings insured
December 15, 1870 from George H. Robinson to Benjamin B. Newhall 1027.242 lots 58, 66, 89, 91, 93, 95, 97
December 15, 1870 from Enoch P. Fuller to George H. Robinson 1027.233 lots 58, 66, 89, 92, 93, 95, 97
lots 58, 66, 89, 91, 93, 95, 97 Robinson of Melrose conveyed to Benjamin B. Newhall of Boston
Robinson immediately mortgaged each of the lots individually to Joseph Dix of Boston for $3,500 each, and then sold all the lots to Newhall.
lot 89 with the buildings thereon $3,500 mortgage
lot 93 with the buildings thereon $3,500 mortgage
lot 66 with the buildings thereon $3,500 mortgage
lot 58 with the buildings thereon $3,500 mortgage
lot 95 with the buildings thereon $3,500 mortgage
lot 91 with the buildings thereon $3,500 mortgage
lot 97 no mention of buildings
plan of house lots to be sold at auction June 30, 1870 1008.212
Enoch P. Fuller
A possible scenario:
It appears in this instance that the Mercantile Savings Institution, when it foreclosed on the property, conveyed the property to a third party (Charles H. Johnson), who then sold the property back to the bank for the same amount he paid for it. I am guessing that Newhall made a couple of payments, but did not pay the full balance due. Maybe the bank allowed him to make a partial payment(s) but eventually decided to foreclose, estimating its debt at $1,700, which was what they agreed with Johnson to pay at auction. The bank then needed to resell to recover any money.