Nantucket Property Transfers for the Week Ending March 20, 2015

A business on 1.7 acres at 6 Sun Island Road sold to C 11 Realty V1-CFB 1 Nantucket, Storage, LLC of Dallas, Texas from Michael F. and Patricia Passaro of Short Hills, N.J., Paul C. and Lynn H. Steinfurth, Miami, Fla., Rhonda Cassity of Naples, Fla., Denise Labombard, Baltimore, Md. and David Olsen of Punta Gorda, Fla. for $27,000,000. The property is assessed at $9,915,100. The Land Bank fee is $540,000.

A vacant lot with tent platforms on 5.2 acres at 45 Polpis Road sold to the Nantucket Islands Land Bank of Nantucket, Mass. from Girl Scouts of Eastern Massachusetts, Inc. of Boston, Mass. for $1,750,000. The property is assessed at $1,032,300. The Land Bank exemption is A.

A house on .23 of an acre at 3 Rosaly Lane sold to the Denham Family Trust, Lorna MacDougall, Jill Denham and David MacDougall, Trustees, of Westmount, Quebec, Canada from David M. MacDougall and Peter B. MacDougall of Nantucket, Mass. for $1,333,333.33. The property is assessed at $1,812,900. The Land Bank fee is $22,666.67.

A business on .18 of an acre at 130 Old South Road sold to 130 Old South Road, LLC, a Massachusetts limited liability company of Nantucket, Mass. from North Atlantic Development, LLC, a Massachusetts limited liability company of Nantucket, Mass. for $1,250,000. The property is assessed at $995,600. The Land Bank fee is $25,000.

A vacant lot on  .13 of an acre and .22 of an acre at 19 and 21 Tomahawk Road, respectively, sold to Barry E. Byrne of Nantucket, Mass. from Kenneth C. Coffin, Inc. of Siasconset, Mass. for $625,500. The properties are assessed at $228,600 and $229,600, respectively. The Land Bank fee is $12,510.

A vacant lot on .11 of an acre at 20 Tomahawk Road sold to Clarke Brothers Realty, LLC of Nantucket, Mass. from Kenneth C. Coffin, Inc. of Siasconset, Mass. for $260,000. The property is assessed at $220,800. The Land Bank fee is $5,200.

A vacant lot, Parcel C, at Nobadeer Avenue and Naushon Way a.k.a. Cherry Street sold to James P. Kelley and Marlys E. Kelley, Co-Trustees of the Seamoor Nominee Trust, of Nantucket, Mass. from the Town of Nantucket of Nantucket, Mass. for $5,000. The property is assessed at $5,000. The Land Bank fee is $100.

A vacant lot on .20 of an acre at Parcel H-1 Woodbine Street and Nobadeer Avenue and Parcel N-1 Nobadeer Avenue (Plan 2011-10) sold to Alfred Edward Bernard of Nantucket, Mass. from the Town of Nantucket of Nantucket, Mass. for $2,505. The property’s assessed value is unavailable. The Land Bank fee is $50.10.

A timeshare period, Interval 7, at 442 Arkansas Ave. sold to John W. Lear and Ann G. Lear of Newton Square, Pa. from Robert E. Smith and Maureen A. Smith of Hanson, Mass. for $2,000. The property’s assessed value is unavailable. The Land Bank fee is $40.

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