Current Real Estate Roundup - January 4, 2023

This week’s Current Real Estate Roundup includes property transfers from December 28, 2023 to January 4, 2024. It is led by the sale of a pair of Back Street properties for just under $3 million, a Towaddy Lane property for over $2 million, and a Salros Road property for over $1.5 million.

1 & 3 Back Street for $2,900,000 from 1 And 3 Back Street Nominee Trust to 1 & 3 Back Street LLC, .24 acres, dwellings, and a Land Bank fee of $58,000 was paid. The assessed value of the properties combined is $2,867,900.

Property Description of 1 Back Street: “Located in historic downtown Nantucket, this traditional style home is a short walk to the cobbled streets of town and to Salt Marsh Way Beach on Nantucket Harbor. A large wrap-around porch welcomes you to the home and provides a wonderful spot to relax and enjoy the activity that passes by out front.

“Built in 2004, the two-story home is set on a .12-acre parcel and has 1,520 square feet of finished living space. The first floor is comprised of a living room with large windows and recessed lighting, a kitchen with electric range, a formal dining room, laundry/mudroom, and a full bath. The second floor has two bedrooms and a full bath.

“In need of a little refurbishing, this home would make an ideal residence for either personal use or as rental property. Hardwood floors on the first floor and ample parking for 2 vehicles.”

Property Description of 3 Back Street: “For those seeking a new-build or renovation opportunity, this three-bedroom, two full bath home offers great potential given its location close to the cobble streets of downtown and within walking distance to Steamboat and Straight Wharf. The home sits on a level .12-acre lot.”

3 Towaddy Lane for $2,300,000 from the Estate of Marcia A. Casey to Jonathan D. Brightbill and Nicole Brightbill, .19 acres, a dwelling, and a Land Bank fee of $46,000 was paid. The assessed value of the property is $2,029,400.

10 Codfish Park and 3 Broadway for $2,100,000 from Catherine H. Goldsmith to High Tide Investments LLC, .25 acres, dwellings, and a Land Bank fee of $42,000 was paid. The assessed value of the properties combined is $4,110,400.

3 Salros Road for $1,650,000 from Sarah F. Alger, Personal Representative of Estate of Kathleen A. Duncombe to Salros 3 ACK LLC, .22 acres, a dwelling, and a Land Bank fee of $33,000 was paid. The assessed value of the property is $1,500,800.

Property Description: “This is a great ppportunity for year-round or employee housing. Three-bedroom, two-bathroom first floor home with loft and finished basement. There is also a two-bay garage framed for a two-bedroom, one bath apartment. There is expansion potential. Zoning allows for 40 percent ground cover. There is also parking for 10 on the property.

15 Park Circle, Unit B for $955,000 from Glacier Park LLC to Rosalyn V. Tejada and Oscar Erazo, acreage: N/A, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is N/A.

9 Cherry Street (portion) for $100,000 from PRS Nominee Trust to 16 Williams LLC, 44 square feet, vacant land, and a Land Bank fee of $2,000 was paid. The assessed value of the property is N/A.