A house on 3.09 acres at 268 Polpis Road sold to Peter D. Hicks and Jeanne S. Hicks of Nantucket, Mass. from William Curtis Livingston, III, Trustee of the Polpis Schoolhouse Trust No. 1 and Curtis and Pamela Livingston Mis Trust, of Nantucket, Mass. for $1,728,000. The property is assessed at $1,187,400. The Land Bank fee is $34,560.
 

A vacant lot at 9 and 7 Arrowhead Drive, and 2 Spearhead Drive sold to Island Gas, Inc. of Nantucket, Mass. from Kenneth C. Coffin, Inc. of Siasconset, Mass. for $1,071,000. The property’s assessed value is unavailable. The Land Bank fee is $21,420.
 

A house on 1 Gardner Court, Unit 3, sold to Michelle Alton Bonomo of Minneapolis, Minn. from Marie Anne Werner of Nantucket, Mass. for $975,000. The property is assessed at $1,553,800. The Land Bank fee is $19,500.
 

A house on .4 of an acre at 12 Rudder Lane sold to Kenneth F. Aguiar Catherine M. Aguiar of Nantucket, Mass. from Doreen Marie Cartwright and Benjamin H. Cartwright of Nantucket, Mass. for $862,500. The property is assessed at $382,400. The Land Bank fee is $17,250.

A house on .12 of an acre at 3 Meader St. sold to Jerry R. David and Sarah E. David of Fairfield, Conn. from Harbor Wind Cottages, LLC of Westport, Conn. for $625,000. The property is assessed at $501,200. The Land Bank fee is $12,500.
 
A house on .15 of an acre at 14 Mary Ann Drive sold to Harold F. Williams, III of Nantucket, Mass. from Mark A. and Donna M. Spaulding of Nantucket, Mass. for $530,000. The property is assessed at $587,400. The Land Bank fee is $10,600.

A house, Unit 3, at 18 Miacomet Ave. sold to Fannie Mae a/k/a Federal National Mortgage Association of Dallas, Texas from JP Morgan Chase Bank, National Association as successor by merger to Chase Home Finance, LLC of Jacksonville, Fla. for $488,798.42. The property is assessed at $310,900. The Land Bank exemption is H.
 
A house on .12 of an acre at 11 Nobska Way sold to Jeffrey K. Matteson and Caitlin Matteson of Nantucket, Mass. from William and Elizabeth Flynn as Trustees of the Albacore Trust of Braintree, Mass. for $380,000. The property is assessed at $387,200. The Land Bank exemption is M.
 
A condominium dwelling unit, Unit C, at 8 Thirty Acres Lane sold to Yolanda Fernandez Grant of Nantucket, Mass. from Charron P. Ranney, Trustee of Rantucket Realty Trust, of Nantucket, Mass. for $240,000. The property is assessed at $243,800. The Land Bank exemption is M.

A vacant lot on .67 of an acre at 68 Sankaty Road sold to Matthew G. Cribbins and Michelle N. Cribbins of New Canaan, Conn. from Sankaty Bluff Group, LLC of Chadds Ford, Pa. for $1,435,000. The property is assessed at $1,232,900. The Land Bank fee is $28,700.
 

A condominium, Unit 1, at 5 Sleepy Hollow Road sold to Patricia Lynch, Christopher R. Lynch, Michele O’Brien and Christopher E. O’Brien of Medfield, Mass. from Blackfin, LLC of Nantucket, Mass. for $862,500. The property’s assessed value is unavailable. The Land Bank fee is $17,250.
 

A house on .44 of an acre at 98 Somerset Road sold to Michael C. Conway and Kathryn H. Conway of Slingerlands, N.Y. from Jimmie L. Hilts and Wendy S. Hilts of Nantucket, Mass. for $760,000. The property is assessed at $686,100. The Land Bank fee is $15,200.
 
A house on .34 of an acre at 2 Luff Road sold to Gregory H. McTigue of New York City, N.Y. from Kisch/Titley Nominee Trust of New Castle, N.H. for $600,000. The property is assessed at $668,900. The Land Bank fee is $12,000.
 
A business on .12 of an acre at 1 Chin’s Way sold to Bonita Bar, LLC of Nantucket, Mass. from Sanbdflea, LLC of Nantucket, Mass. for $550,222.69. The property is assessed at $708,500. The Land Bank fee is $11,004.46.
 
A house at 110A Orange St. sold to Stephen C. McCluskey of Nantucket, Mass. from Michael P. Conena, Trustee of Conena Trust, of East Sandwich, Mass. for $475,000. The property is assessed at $831,600. The Land Bank fee is $9,500.
 
A house at 6 Essex Road sold to Nancy Wynn Coyl of Nantucket, Mass. from Federal Home Loan Mortgage Corporation of Carrother, Texas for $245,000. The property is assessed at $224,000. The Land Bank exemption is M.

CUSTOM HOME…

On 1.8 acres with a 2 car garage and apartment.  Spacious open floor plan, 1^st floor master suite, fireplace and full basement.  $1,050,000.

Listing Broker:  Ken Beaugrand

LOCATION, TURN-KEY CONDITION AND CHARM!

This one bedroom, one bathroom condominium is steps from local shops, restaurants and beaches.  Renovated in 2007 this first floor pied-a’-terre includes a new kitchen and bathroom, stacked washer and dryer, AC and a parking space.  The thoughtfully designed floor plan offers comfortable living spaces and amenities such as a wood-burning fireplace and wide pine floors.  Offered furnished.

$490,000

Listing Broker:  Meg Ruley

Home sellers are more than twice as likely to get their homes sold if they use a Realtor®, rather than trying to sell their home on their own, according to a new survey conducted by HomeGain of 400 home owners nationwide from July 31 to Aug. 10. Seventy-three percent of the home owners surveyed said they used a Realtor®. On the other hand, 21 percent of those surveyed said they tried to sell their home themselves. The survey found that 66 percent of the home owners who used a Realtor® were able to successfully sell their home compared to 30 percent of for-sale-by-owners. What’s more, the survey found that 22 percent of the for-sale-by-owners eventually decided to use a Realtor® to try to sell their home. More than half of those who did were then able to sell their homes too, the survey found. “The value of a Realtor® in a real estate transaction is made strikingly apparent in our 2012 FSBO verses Realtor ® survey of home sellers,” says Louis Cammarosano, general manager of HomeGain. “A qualified Realtor® understands the dynamics of the market and can better assist home sellers in the pricing and preparation of their homes for sale.” Source: HomeGain

HISTORIC HOME

This antique home is located on an excellent lot that runs between Lyon Street and Twin Street.  Just a short distance to the center of town, this property is ready to be lovingly restored.

$895,000.

Listing Broker:  Ken Beaugrand

Real estate sales on Nantucket have picked up after a slower first quarter.  There is currently over $120 million worth of property under contract.  Checkout the data below.

LINK April Sales 2013

Year to Date

CLIFF

This is a perfect family home with plenty of room to spread out and lots of old Nantucket charm.   Located on the corner of Grant and Nantucket avenues in the sought after Lincoln Circle neighborhood.  It is very close to Steps Beach, Jetties, and Downtown.

$3,295,000

Listing Broker:  Jane Miller

Last week the I&M had an article on the rental housing crisis for seasonal and year-round residents.  It reminds us of how it was the last time the economy was strong on Nantucket;  more jobs, more people in need of housing. Read the Article

Best In Show! Our agent, Mary Malavase is Queen of the Daffodil Show! Beauty Tip is the name of this gorgeous all white daffodil which won Best Standard Daffodil for the  Nantucket Daffodil Show, Best White Daffodil and the American Daffodil Society Gold Ribbon.  This blossom was also part of a Collection of 24 stems which won the coveted and not easy to win Carey Quinn Award. Mary’s granddaughter Riley helped her select this stunning flower from the multitudes of daffodils in Mary’s garden.  The Best miniature collection of 5 Mini Daffodils was also awarded to Mary.  Congratulations Mary!