Current Real Estate Roundup - August 24, 2023
David Creed •
This week’s Current Real Estate Roundup includes property transfers from August 17, 2023 to August 24, 2023. It is led by the sale of a McKinley Avenue property for over $5 million as well as a Millbrook Road property for over $2.5 million.
5 McKinley Avenue for $5,450,000 from Richard N. Lefler, Trustee of Five McKinley Avenue Nominee Trust to Bryan J. Swain, Trustee of Five McKinley Avenue Nominee Trust, .57 acres, a dwelling, and a Land Bank fee of $109,000 was paid. The assessed value of the property is $2,577,500.
From our sponsor Great Point Properties: "'Broadside' is an extraordinary offering within the beautiful enclave of McKinley Avenue. Located in SOH zoning, this generously oversized property of over a half acre in 5,000 sq ft zoning with 50 percent allowable ground coverage has belonged to one family for over 50 years."
"Opportunities are abound with this enchanting home with incredible expansion capabilities. There were extensive interior and exterior updates in 2019 including a new roof, siding, resurfaced front and rear decks, refinished floors, mini-split air conditioning, brand new kitchen, bathrooms, and interior and exterior painting. This property has a strong rental history. A phenomenal location in this highly coveted area of Siasconset. Property was offered furnished."
For more information on and photos off this McKinley Avenue property, click here.
3 Millbrook Road for $2,695,000 from Jadick Family Limited Partnership to Erin M. Carroll, .40 acres, a dwelling, and a Land Bank fee of $53,900 was paid. The assessed value of the property is $1,522,500.
From GPP: "3 Millbrook Road is a Cisco classic with plenty of charm in a spectacular location. The well-known foot bridge welcomes you onto the property, where a three-bedroom main house and a unique 1.5-story studio sit amongst plenty of green space–nearly half an acre, with views across the Land Bank holdings. Treasure the home as-is, or dream up your adaptation of summer living."
For more photos and information on this Millbrook Road property, click here.
6 Center Street for $2,650,000 from Simon J. Van Den Born and Lisa M. Van Den to 6 Center LLC, .03 acres, a dwelling, and a Land Bank fee of $53,000 was paid. The assessed value of the property is $1,312,000.
From GPP: "In & Out on Pump Square this cottage is darling, charming, and iconic! Built in 1898 this antique has been an integral part of the village for 100+ years and epitomizes Sconset summer living. Cathedral ceilings in the living area, sea views from the upstairs bedroom, and many unique features including wide pine plank floors this gem awaits its next steward. Two bedrooms + loft, two full baths."
For more photos and information on this Center Street property, click here.
7 Bluet Court for $620,000 from Richmond Great Point Development LLC to Zoran Milovski and Tanya Milovski, .12 acres, vacant land, and a Land Bank fee of $12,400 was paid. The assessed value of the property is $342,200.