Nantucket Property Transfers for the Week Ending March 7, 2014

27 cliff

A house on .16 of an acre and .35 of an acre at 25 and 27 Cliff Road, respectively, sold to Warren Frank, Trustee of Frank Nominee Trust, of Stamford, Conn. from Frank J. Avellino and Nancy Carroll Avellino, Trustees of Avellino Realty Trust, of Palm Beach, Fla. for $8,700,000. The properties are assessed at $3,539,800 and $5,302,400, respectively. The Land Bank fee is $174,000.

200 Polpis

A house and vacant lot on 7.0 acres at 200 Polpis Road sold to Paul and Cecilie Horvath of Washington, D.C. from 200 Polpis Road, LLC of Nantucket, Mass. for $5,400,000. The properties are assessed at $4,371,700 and $44,000, respectively. The Land Bank fee is $108,000.

53 center
A house on .15 of an acre at 53 Centre St. sold to Randy Fifield, Trustee of Seven Fifields Nominee Trust, of Chicago, Ill. from Frederika Van Waveren and Peik Van Waveren, Trustees of the Jean M. Van Waveren Revocable Trust, of West Palm Beach, Fla. for $2,800,000. The property is assessed at $2,413,200. The Land Bank fee is $56,000.
 
A vacant lot on 3.4 acres at 94 Tom Nevers Road sold to John D. Udelson of Boston, Mass. from Currant Family Realty Trust of Hollis, N.H. for $2,300,000. The property is assessed at $2,783,000. The Land Bank fee is $46,000.
 
A house on .09 of an acre at 36 Union St. sold to John R. Finney of Montclair, N.J. from 36 Union Realty Trust of Providence, R.I. for $1,920,500. The property is assessed at $1,312,300. The Land Bank fee is $38,410.
 
A house on 2.5 acres at 12 Middle Valley Road sold to Middle Valley, LLC of Nantucket, Mass. from Shimmo Hills, LLC of New York City, N.Y. for $1,850,000. The property is assessed at $3,661,300. The Land Bank fee is $37,000.
 
A house on .19 of an acre at 21 New St. sold to 21 New Street, LLC of Lancaster, Pa. from Karen Ann Urban, Trustee of the Karen Ann Urban Revocable Trust, of New York City, N.Y. for $1,625,000. The property is assessed at $1,083,900. The Land Bank fee is $32,500.
 
A house on .9 of an acre at 16 Lyons Lane sold to Scott D. Widmeyer and Alan N. Yount of Glenford, N.Y. from J. Gordon Cooney, Jr. and Gretchen Cooney of Newtown Square, Pa. for $1,365,000. The property is assessed at $916,700. The Land Bank fee is $27,300.
 
A business at 58D Main St. sold to Remain 58, LLC, a Massachusetts limited liability company, of Nantucket, Mass. from Folger Block, LLC, a foreign limited liability company, of Paradise Valley, Ariz. for $1,350,000. The property is assessed at $692,600. The Land Bank fee is $27,000.
 
A house and a shed on .41 of an acre at 21 and 23 Tennessee Ave. sold to the Nantucket Islands Land Bank of Nantucket, Mass. from Malcolm F. Soverino of Nantucket, Mass. for $1,300,000. The property is assessed at $922,500. The Land Bank exemption is A.
 
A house on .07 of an acre at 8 Howard Court sold to Jeffrey H. Shehab and Porter C.N. Shehab of Hopewell, N.J. from Robert T. Walsh and Carolyn Walsh of Nantucket, Mass. for $1,100,000. The property is assessed at $1,167,400. The Land Bank fee is $22,000.

A house on .46 of an acre at 48 Hummock Pond Road sold to Deferred Exchange Corporation of San Diego, Calif. from Robert G. Ottenhoff and Faith A. Ottenhoff, Trustees, of Shady Side, Md. for $1,075,000. The property is assessed at $692,100. The Land Bank fee is $21,500.
 
A house on .09 of an acre at 1 Mamack Lane sold to 1 Mamack Lane, LLC of Summit, N.J. from Edward H. Murphy and Deborah L. Murphy of LaGrangeville, N.Y. for $723,500. The property is assessed at $640,900. The Land Bank fee is $14,470.
 
A house on .23 of an acre at 4 Cartwright Place sold to Jose R. Gutierrez of Nantucket, Mass. from Debra Cartwright MacKenzie of East Sandwich, Mass. for $549,000. The property is assessed at $514,828. The Land Bank fee is $2,980 and the exemption is M.
 
A house at 6A Witherspoon Drive sold to U.S. Bank National Association (successor to Bank of America N.A., successor by merger to LaSalle Bank National Association), as Indenture Trustees, on behalf of the holders of the Thornberg Mortgage Securities Trust 2007-1 Mortgage-Backed Notes Series 2007-1, of Waltham, Mass. from U.S. Bank National Association (successor to Bank of America N.A., successor by merger to LaSalle Bank National Association), as Indenture Trustees, on behalf of the holders of the Thornberg Mortgage Securities Trust 2007-1 Mortgage-Backed Notes Series 2007-1, of Waltham, Mass. for $469,366.94. The property is assessed at $532,900. The Land Bank exemption is H.
 
A timeshare interval, Period 32, in Unit A-1 in Building 1 at Brant Point Courtyard Condominium at 15 Swain St. sold to James H. Borland and Cathy A. Freeman of Sherman, Conn. from MacEllis K. Glass, f/k/a Michael Ellis Glass of New York City, N.Y. for $17,000. The property’s assessed value is unavailable. The Land Bank fee is $340.
 
A timeshare period, Interval 4 in Unit B6 at 34 South Cambridge St. sold to Susan G. O’Shea, Erin S. O’Shea and Thomas S. Griggs, Jr. of Milford, Conn. from Henry S. Harrison of New Haven, Conn. for $3,800. The property’s assessed value is unavailable. The Land Bank fee is $78.

Share