You are right. The sale seems low.
It appears that a builder purchased this property, and my initial research shows a sale price of $540,000, and yet another source refers to a sale at $270,000.
Sometimes, the sale or purchase of an estate-owned property will be split in portions for various reasons, and this is not all that uncommon. See V. 3363- pp-120-3 at the town clerks office for clarification and further details.
The home had been owned since 1955 by the same family. The wife passed away in February of this year (2012), at the young age of 93. In April there was an executor appointed. It appears the husband is still alive. Looking at the town records (our area does not have "county records"), there were two transactions, both being listed as "Partial interest" and for the same amount $270,000, so it was indeed two transactions, then the total sold price is $540,000. It was purchased by a local builder and there was an application for demolition, and subsiquently taken down 12/6/2012. I hope this answers your question and I would be happy to help with any further information.