Current Real Estate Roundup - February 1, 2024
David Creed •
This week’s Current Real Estate Roundup includes property transfers from January 25th, 2024 to February 1st, 2024. It is led by the sale of a West Chester Street property for over $7 million and a the sale of the Sconset Market for over $5 million.
22 West Chester Street for $7,250,000 from Ralph James and Janice A. James, Trustees of Maggie Westchester Trust to William G. Cooling Jr., Trustee of 22 West Chester Realty Trust, .24 acres, a dwelling, and a Land Bank fee of $145,000 was paid. The assessed value of the property is $4,173,900.
Property Description: “A brilliant reconstruction-addition on an oversized lot with fabulous attention to design, scale and impressive finish details throughout. The house was repositioned and rebuilt with great care to enhance the complimenting light, balance of space and creation of extended outdoor living spaces. The traditional four-bay facade opens to a dramatic three floor cathedral entry and refreshing contemporary interior. Conceived and executed by KMS Designs team, Chip and Karli Stahl, this five-bedroom house was offered furnished.”
4 Main Street (Siasconset) for $5,200,000 from Mark Donato, Trustee of Sconset Market Realty Trust to Village Keepers LLC, .08 acres, a business, and a Land Bank fee was exempt. The assessed value of the property is $1,715,200.
The Current was first on the story of this sale of the Sconset Market, and you can read our full report here.
47 Hummock Pond Road for $4,500,000 from Hawthorne Park LLC to Anupam B. Jena and Neena Kapoor, .19 acres, a dwelling, and a Land Bank fee of $90,000 was paid. The assessed value of the property is $2,521,800.
Property Description: “The last remaining property in the coveted Hawthorne Park neighborhood is now complete. The Cottage's airy and alluring layout, soft palette tones, luxe finishes and natural stones and hardwoods complete a masterful design that’s uniquely suited to help islanders embrace and celebrate total comfort. Designed by award-winning architect Workshop/APD, the Hawthorne Park neighborhood is composed of elegant, high design homes set against a peaceful and inviting three-acre community park. A rustic refuge promising a resort-inspired experience, Hawthorne Park’s amenity-rich acreage features a pool, hot tub, and gym; all situated just minutes from the ferry and steps away from the Cisco Bike Path.”
36 Union Street for $3,500,000 from John R. Finney to 36 Union Trust, .10 acres, a dwelling, and a Land Bank fee of $70,000 was paid. The assessed value of the property is $3,137,000.
38 Pine Street for $2,225,000 from Dian M. Pomeranz, James L. Pomeranz, and William F. O’Brien Jr., to Patricia A. Halsted, Trustee of Hart Pine Nominee Trust, .07 acres, a dwelling, and a Land Bank fee of $44,500 was paid. The assessed value of the property is $2,090,000.
Property Description: “Historic home located in the residential heart of Town on a corner lot. Formerly the home of William Hart, Blacksmith, built circa 1820. Bright and sunny, the house has high ceilings on the first floor and many historical details intact, including four fireplaces. Three bedrooms, two baths, side yard with established gardens and off-street parking for two cars complete the picture.”
74 Arkansas Avenue for $970,000 from Nicholas L. Terino and Allyssa P. Terino to Heather Nardone, .05 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is N/A.
