Nantucket Property Transfers for the Week Ending August 5, 2012

A house on 2.5 acres at 2 Shawkemo Hills Lane sold to Patricia A. Halstead 2 Shawkemo Hills Lane Realty Trust, of Nantucket, Mass. from Randy A. Fifield, Trustee, Seven Fifields Nominee Trust, of Los Angeles, Calif. for $6,000,000. The property is assessed at $6,594,200. The Land Bank fee is $120,000.

A house on .96 of an acre at 3 South Valley Road sold to 3 South Valley, LLC of New York City, N.Y. from Zeta Real Estate Management, LLC of Park Ridge, Ill. for $4,900,000. The property is assessed at $4,590,600. The Land Bank fee is $98,000.

A house on .52 of an acre at 5 Old Westmoor Farm Road sold to Bradford S. Dimeo and Kimberly M. Dimeo of Barrington, R.I. from Five Old Westmoor Farm, LLC of New Canaan, Conn. for $3,797,500. The property is assessed at $1,578,500. The Land Bank fee is $75,950.

A house on .27 of an acre at 75 Cliff Road sold to Timothy P. Veith and Jill S. Veith of London, U.K. from Kiril H. Coonley and Judith S. Coonley of Falmouth, Mass. for $2,450,000. The property is assessed at $2,056,000. The Land Bank fee is $49,000.

A house on .46 of an acre at 52 Hummock Pond Road sold to Robert W. Frederick and Janet Frederick of Villanova, Pa. from Michael Allen and Alisa Allen of Nantucket, Mass. for $2,100,000. The property is assessed at $841,000. The Land Bank fee is $42,000.

A house on .15 of an acre at 5 Beaver St. sold to Frank Frankel of West Caldwell, Mass. from Lionel J. Starr of Nantucket, Mass. for $750,000. The property is assessed at $1,083,500. The Land Bank fee is $15,000.

A vacant lot on .12 of an acre at 107R Orange St. sold to Edwin S. Fryer and Dorothy S. Fryer, Trustees of the Second amendment to and Restatement of the Dorothy S. Fryer Revocable Trust, of Frontenac, Mo. from Garnet DU, LLC of Ridgewood, N.J. for $500,000. The property is assessed at $560,000. The Land Bank fee is $10,000.

Vacant lots on .11 of an acre, .04 of an acre and .06 of an acre on a portion of Holly Street, Parcels C, D and E, respectively, shown on Plan No. 2011-22 sold to John F. Novak and Elizabeth A. Novak of Darien, Conn. from the Town of Nantucket of Nantucket, Mass. for $10,000. The properties’ assessed values were unavailable. The Land Bank fee is $200.

A timeshare interval at 3 Arkansas Ave. sold to Paul Babik of Watchung, N.J. from Ransom Douglas Reynolds and Mary Margaret Reynolds of Hopkinton, Mass. for $9,000. The property’s assessed value is unavailable. The Land Bank fee is $180.

A vacant lot on .18 of an acre and .07 of an acre at Wavery Street and Adams Street on Parcels K and L on Plan No. 2011-16, respectively, sold James C. Hurowitz and Doreen B. Brettler of Boylston, Mass. from the Town of Nantucket, Mass. for $7,500. The Land Bank fee is $150.

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