Nantucket Property Transfers June 23rd
Posted by Brian Sullivan on Sun, Jun 27, 2010
These properties on Nantucket sold during the week of 16th to 23. To see full listing information on properties for sale on Nantucket or properites that have sold in the last 30 days please follow the links:
Sold in the last 30 days
For Sale on Nantucket
1. A house on 2.2 acres at 13 Squam Road sold to Cape Island Properties, LLC of Delray Beach, Fla. from John H. Brazilian, Trustee of Boston, Mass. for $12,750,000. The property is assessed at $10,260,900. The Land Bank Fee is $255,000.
2. A house at 121 Madaket Road sold to Richard F. Hohlt and Deborah M. Hohlt of Alexandria, Va. from Tracy S. Hephner and B.
Thomas Seidman, Trustees of Sarah B. Seidman Nantucket Nominee Trust of Wagon Mound, New Mexico for $2,187,500. The property is assessed at $2,540,400. The Land Bank fee is $43,750.
3.A house on 7.19 of an acre at 104 Cliff Road sold to Richard Sears and Tracey Lynn Sears of Kenilworth, Il. from Patrick Dorton and Erin G. Dorton of Chevy Chase, Maryland for $1,144,000. The property is assessed at $1,932,600. The Land Bank fee is $22,880.
4. A house at 31 Dartmouth St. sold to J. Clifford and Linda 
Mulcahy of Summit, N.J. from Richard J. and Katherin H. Heffernan of Gilford, Conn. for $750,000. The property is assessed at $867,600. The Land Bank fee is $15,000.
5. A house at 40 West Chester St. sold to Claire L. Shields of Princeton, N.J. from John M. Ukraine and Kevin W. Quinn of Needham, Mass. for 700,000. The house is assessed at $1,113,200. The Land Bank fee is $14,000.
6. A house on .56 of an acre at 67 Starbuck Road sold to James M.
Emery and Melissa B. Emery of New Hampton, N.H. from See Deed for $600,000. The property is assessed at $811,400. The Land Bank fee is $12,000.
7. A condominium unit at 23A Park Circle sold to Russell M. Carson and Jeffrey B. Carlson of Nantucket, MA from Eileen M. O'Gara and Kevin F. Hickey of Delray Beach, Fla. For $362,500. The property is assessed at $585,600. The Land Bank exemption is M.
8. A house on .12 of an acre at 54 Essex Road sold to Jennifer Rebecca Hudson and Charles W. Hollman, III of Nantucket from Ryan Conway of Nantucket for $450,000. The property is assessed at $771,500. The Land Bank fee is $1,000; the exemption is M on the first $400,000.
9. A house at 8 Atlantic Avenue sold to William J. Stone, II of 
Charlestown, Mass. from Robert A. Brown, administrator of the estate of Vincent H. Payne Jr. of Falmouth, Mass. for $296,000. The property is assessed at $938.600. The land Bank fee is $5,920.
10. A timeshare at Mariner House Interval E23 at 30 Centre St. sold to Lynda E. Rowe and John Tagivri of Needham, Mass. from Mariner House Condominium Association Realty Trust for $4,000.
The Land Bank fee is $80.
11. A timeshare at Brant Point Courtyard, Week 28, Unit C-1, on Swain Street sold to Donna, Adam, Julie and Rachel Christian of Dudley, Mass. from Laura Jean Gilbert, executrix for the estate of Edward M. Mashrick of Washington, N.H. for $2,500.
The Land Bank Fee is $50.
12. A house on 1.84 acres at 6 Walbang Avenue sold to SEWNAN of Boston, Mass. from Susan E. Whitehead of Boston, Mass. for $10. The property is assessed at $3,094,400. The Land Bank exemption is I.
13. A house on .19 of an acre at 33 C Washington St. sold to Dian Fein, Trustee of Northampton, Mass. from Sherman E. Fein and Myra N. Fein aka Myra B. Fein of Longmeadow Mass. for $1. The property is assessed at $1,534,700.
The Land Bank exemption is D.
14. A vacant lot at 143 Surfside Road sold to Habitat for Humanity Nantucket, Inc. of Nantucket, Mass. from Nantucket Housing Authority of Nantucket, Mass. for $1.00. The property is assessed at $759,600. The Land Bank exemption is C/G.
15. A house on .10 of an acre at 1 Cottage Court sold to Patricia Snyder of New Philadelphia, Ohio from Charles G. Snyder of New Philadelphia, Ohio for $0. The property is assessed at $1,414,300. The Land Bank exemption is C.
16. A house on 42 Old South Road sold to Donald W. Holdgate of St. Mary's, Ga. from Donald W. Holdgate and Theresa M. Holdgate of St. Mary's, Ga. for $0. The property is assessed at $630,000. The Land Bank exemption is K.
The Nantucket Islands Land Bank gained $369,680 in transfer tax fees for the week ending June 12. To date in the year 2010, the Land Bank gained an estimated total of $4,083,353 in transfer fees. Land Bank income is derived mostly from the collection of a two-percent transfer tax on real estate transactions, subject to certain exemptions. Visit www.nantucketlandbank.org. for more information on the exemptions.
For more information on any of these properites or others listed for sale please feel free to contact me, Brian Sullivan