Nantucket Property Transfers for the Week Ending November 4, 2012

A business on .03 of an acre at 33 Main St. sold to Clack, LLC of New York City, N.Y. from Lawrence M. Maury and Michelle B. Maury of Nantucket, Mass. for $4,500,000. The property is assessed at $3,989,000. The Land Bank fee is $90,000.

A house on 4.4 acres at 5 Quaise Pasture Road sold to 5 Quaise, LLC of Springfield, Mass. from Margaret Lee Conroy, Trustee of Conroy Nantucket Property Trust Agreement, of Iowa City, Ia. for $2,160,000. The property is assessed at $3,714,400. The Land Bank fee is $43,200.

A house on .55 of an acre at 5 Moors End Lane sold to Imagine Moors End Lane, LLC of Tempe, Ariz. from the Seadog 2008 Revocable Trust u/d/t 5/16/08, Christine B. Silverstein, Trustee, of Gloucester, Mass. for $1,638,000. The property is assessed at $1,549,500. The Land Bank fee is $32,760.

A house on .73 of an acre at 16 Starbuck Road sold to the Fallon Living Trust of Salem, Or. from Rocca . Iossa of Trenton, N.J. for $1,595,000. The property is assessed at $1,065,800. The Land Bank fee is $31,900.

A house on .46 of an acre at 19 Meadow View Drive sold to Michael C. Mark of Chicago, Ill. from David. C. Graham and Jill M. Graham of Bryn Mawr, Pa. for $1,266,000. The property is assessed at $1,591,500. The Land Bank fee is $25,320.

A house on .11 of an acre at 6 Back St. sold to Elizabeth A. Milias of Aspen, Colo. from Mary Jo Bevilacqua and the Estate of Michael A. Goode of Mystic, Conn. for $1,225,000. The Land Bank fee is $24,500.

Vacant lots on .5 of an acre, .14 of an acre, .11 of an acre, .11 of an acre and .14 of an acre at 4, 6, 8, 10 and 12 Hanabea Lane, respectively, and on .17 of an acre and .17 of an acre at 19 and 21 Wampanoag Way, respectively, sold to Marsha A. Kotolac of Nantucket, Mass. from Myles M. Reis, Jr., Trustee of Beezar Trust, of Nantucket, Mass. for $1,129,240. The properties are assessed at $329,600, $325,900, $295,600, $295,600, $322,400, $362,500 and $362,500, respectively. The Land Bank fee is $22,584.80.

A house on .12 of an acre at 45 Autopscot Circle sold to Joseph Noonan and Tiffany Noonan of Melrose, Mass. from 4 Amigos, LLC of Rye, N.Y. for $1,092,500. The property is assessed at $755,800. The Land Bank fee is $21,850.

A house on 1.2 acres at 7 Pine Crest Drive sold to Christopher E. Iller and Jennifer Ann Iller of Nantucket, Mass. from Stuart J. Stumpf and Pamela J. Stumpf of Andover, Mass. for $755,000. The property is assessed at $714,904. The Land Bank fee is $15,100.

A vacant lot on .46 of an acre at 7 Wrights Landing sold to Karin T. Nutt and David W. Hendry of Pasadena, Calif. from M & M Pastan Realty Trust of Marblehead, Mass. for $700,000. The property is assessed at $1,789,700. The Land Bank fee is $14,000.

A house on .24 of an acre at 6 Alexandia Drive sold to Ann Marie Mehlert and Peter Mehlert of Chevy Chase, Md. from Peter T. Gulick and Anna V. Gulick of St. Augustine, Fla. for $470,000. The property is assessed at $524,100. The Land Bank fee is $9,400.

A house on 1.8 acres at 47 South Shore Road (1/2 interest) sold to Seth H. Rutherford and Michelle A. Rutherford of Nantucket, Mass. from Seth H. Rutherford and Joseph M. Lake of Nantucket, Mass. for $412,438.13. The property is assessed at $833,500. The Land Bank fee is $8,248.76.

A house on .54 of an acre at 18 Gray Ave. (part – Lot 136, LC Plan 34507-14) sold to Victor D. Ferrantella and Jill H. Ferrantella of Nantucket, Mass. from Nicholas Ferrantella and Linda B. Ferrantella of Nantucket, Mass. for $290,000. The property is assessed at $541,800. The Land Bank exemptions are C and M on $290,000.

A dwelling unit at 16A Cynthia Lane sold to MidAtlantic IRA, LLC, f/b/0 Patrice Gallagher IRA (90%) and Patrice Gallagher (10%), of Frederick Md. from Donna Doran of Buffalo, N.Y. for $270,000. The property’s assessed value is unavailable. The Land Bank fee is $5,400.

Vacant lots, Parcels A and B, Plum Street as shown on Plan 2010-56 sold to James Lawrence Conlon Revocable Trust Dated 10/5/10 and Ann Denise Conlon Revocable Trust Dated 10/5/10, of Sanibel Island, Fla. from the Town of Nantucket of Nantucket, Mass. for $10,000. The property’s assessed value is unavailable. The Land Bank fee is $200.

A timeshare interval at 11 Arkansas Ave. sold to Peter and Cheryl Dunlap of Hingham, Mass. from Leo E. Murphy of Ipswich, Mass. for $5,000. The property’s assessed value is unavailable. The Land Bank fee is $100.

A vacant lot on .04 of an acre at Parcel H, Plan No. 2011-16 off of Pochick Avenue sold to Steven L. Gerard and Jane H. Gerard of New York City, N.Y. from the Town of Nantucket of Nantucket, Mass. for $2,500. The property’s assessed value is unavailable. The Land Bank fee is $50.

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