Current Real Estate Report – October 1

Introducing the Current Real Estate Report, where we provide a real estate roundup of each property sale, once per week, for the most recent property transfer period.

Full property transfers for the time period of September 22, 2021 to September 30, 2021.

  • Number of Sales: 12
  • Total Dollar Volume: $31,204,000
  • Average Price: $2,600,333.33
  • Median Price: $2,496,000
  • Highest Sale: $6,995,000
  • Lowest Sale: $860,000
  • Total Land Bank Fees Paid: $612,040
  • Year-To-Date Land Bank Revenue: $28,013,359.58

94 Hulbert Ave., for $6,995,000 from Peter N. Gilbreth and Patricia Gilbreth to Harbourvue, LLC, 8,660 square feet, dwelling, and a land bank fee of $139,900 was paid. Assessed value of the property is $5,941,000.

4 Milestone Crossing for $3,530,000 from Larry Smith and Ann Colgrove to Four Milestone Crossing Realty Trust, Cohen trustee. Acreage: N/A, dwelling, and a land bank fee of $70,600 was paid. Assessed value of the property: N/A.

24 Cannonbury Lane for $3,275,000 from 24 Cannonbury, LLC to James Patrick Kelly and Lisa Karen Kelly. Acreage: N/A, dwelling, and a land bank fee of $65,500 was paid. Assessed value of the property: N/A.

10 Deer Park Ct., for $3,200,000 from Hayden C. Hurley to Sandy ACK, LLC., acreage: N/A, Dwelling and a land bank fee of $64,000 was paid. Assessed value: N/A

22 Pocomo Road for $2,500,000 from Off-Shore Development, LLC to 22 Pocomo Road Realty Trust. Acreage: N/A, dwelling, and a land bank fee of $50,000 was paid. Assessed value of the property: N/A.

36 York Street for $2,492,000 from ZF Capital LLC to Lutes Bartlett, Trustee of the Bartlett Nantucket House Nominee Trust, .07 acres, dwelling, and a land bank fee of $49,840 was paid. The assessed value of the property is $1,549,600.

11 Gray Ave., for $2,225,000 from Richard H. Matthews Jr. and   Jennifer M. Mathews to Michael J. Gallugi and Meg M. Gallugi. 17,405 square feet, dwelling, and a land bank fee of $45,000 was paid. The assessed value of the property is $1,043,900.

58 Pleasant St., for $1,850,000 from Nicholas W. Robinson and Vanessa M. Robinson to Schnitzel LLC. Acreage: N/A, dwelling, and a land bank fee of $37,000 was paid. Assessed value of the property: N/A.

11 Goldfinch Drive for $1,650,000 from Scott Jeffrey Pinarchick and Cheryl Boylan Pinarchick to Glenn Scott Yeakel and Nancy Jean Yeakel. Acreage: N/A, dwelling, and a land bank fee of $33,000 was paid. Assessed value of the property: N/A.

4 Lovers Lane for $1,317,000 from Arthur I. Reade Jr., Trustee of Auction House Nominee Trust to Jibo and Co. Holdings, LLC, .37 acres, commercial, and a land bank fee of $31,000 was paid. The assessed value of the property is $1,158,800.

305 Madaket Road for $1,310,000 from Ellen L. Charnes, Heather G. Twomey and Kerry B. Twomey to Jeffrey Scott Berger and Elizabeth Ann Berger, .18 acres, dwelling, and a land bank fee of $26,200 was paid. The assessed value of the property is $843,200.

78 Skyline Drive, Unit #1 for $860,000 from Michael Ray to Erica L. Kiley. Acreage: N/A, dwelling (HNC Condo), and a land bank fee was not paid. Assessed value of the property is $586,500.

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