Current Real Estate Roundup - November 14, 2024
David Creed •
This week’s Current Real Estate Roundup includes property transfers from November 7, 2024 to November 14, 2024. It is led by the $26 million sale of a Jefferson Avenue property to the Nantucket Land Bank, the sale of a Cliff Road property for over $16 million, and the sale of a Bishops Rise property for $11 million.
41 Jefferson Avenue for $26,000,000 from Purple Wampum LLC to Nantucket Islands Land Bank. The property is .94 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $5,286,872.
For more information on this purchase by the Land Bank, which is more than double the organization’s highest previous transaction, click here.
218 Cliff Road for $16,300,000 from Mulberry Street Real Estate Ventures LLC to ACK Green Leaf Holdings LLC. The property is 1.84 acres, a dwelling, and a Land Bank fee of $326,000 was paid. The assessed value of the property is $11,823,600.
For more photos and information on this property from our sponsor, the Maury People, click here.
20A Bishops Rise for $11,000,000 from 20A Bishops Rise Investors LLC to Mulberry Street Real Estate Ventures LLC. The property is 1.87 acres, a dwelling, and a Land Bank fee of $220,000 was paid. The assessed value of the property is $3,987,700.
For more photos and information on this property from our sponsor, the Maury People, click here.
32 Union Street for $5,848,500 from KFH Nantucket Holdings LLC to 32 Union LLC. The property is .12 acres, a dwelling, and a Land Bank fee of $116,970 was paid. The assessed value of the property is $5,027,200.
For more photos and information on this property from our sponsor, the Maury People, click here.
66 Madaket Road for $3,647,500 from Two Strokes Holdings LLC to Adam Scully-Power and Belen Scully-Power. The property is .47 acres, a dwelling, and a Land Bank fee of $72,950 was paid. The assessed value of the property is $2,579,300.
For more photos and information on this property from our sponsor, the Maury People, click here.
18 Lincoln Street (Siasconset) for $2,850,000 from Margaret Blamberg and Jan Eric Blamberg to 18 Lincoln LLC. The property is .27 acres, a dwelling, and a Land Bank fee of $57,000 was paid. The assessed value of the property is $2,271,100.
For more information on this property from our sponsor, the Maury People, click here.
33 Bartlett Road for $2,560,000 from Chester S. Barrett III & Jennifer Decker to 49 Group LLC. The property is .23 acres, a dwelling, and a Land Bank fee of $51,200 was paid. The assessed value of the property is $1,650,600.
For more photos and information on this property from our sponsor, the Maury People, click here.
10 Driscoll Way for $1,500,000 from James M. Driscoll II to 13 Rabbit Run LLC. The property is 2.78 acres, vacant land, and a Land Bank fee of $30,000 was paid. The assessed value of the property is $1,240,900.
4B Young’s Way Unit 2 for $1,180,000 from John P. McManus and Pamela A. McManus to Michael A. Molinar. The property’s acreage is N/A, a condominium, and a Land Bank fee of $23,600 was paid. The assessed value of the property is $629,200.
27 South Cambridge Street for $1,175,000 from Pensco Trust Company to Brian Wesley Cook and Laura Wreden Goodbody. The property is .16 acres, a dwelling, and a Land Bank fee of $23,500 was paid. The assessed value of the property is $910,900.
3C Windy Way for $795,000 from DeMeritt Family Nominee Trust to Carlos Xavier Cardona. The property’s acreage is N/A, a condominium, and a Land Bank fee was exempt. The assessed value of the property is $684,100.