At a valuation of over $17 billion, Nantucket is one of the country’s most prized residential markets.  Buyers and sellers are regularly making $1 million to $15 million real estate decisions.  Windwalker’s research capability is the strongest on the island, and was designed specifically to assist the buyers, sellers, and owners of island real estate in understanding the market’s unique dynamics and how these forces shape specific property values.

Windwalker’s research efforts are overseen by Alan Worden, the firm’s President, and directed on a daily basis by M. Ryan Wagner, Vice President of Research and Finance.

Alan has spent his career undertaking research in a variety of public and private real estate markets.  Ryan brings a wealth of private equity real estate and capital market experience to the table and holds an MBA in finance.  Windwalker is the only firm on Nantucket with a dedicated research professional.


Nantucket real estate transfers 3.31.08 - 4.7.08

April 21st, 2008

1. A house on 5.6 acres at 1 Pochick Ave. sold to Mark A. Lombardi and Maureen Lombardi of Nantucket, Mass. from Mark A. Lombardi and Maureen Lombardi, Trustees of Lombard Realty Trust of Nantucket, Mass. for $1. The property is assessed at $5,576,100. The land bank exemption is D.

2. A business on .10 of an acre at 10 Gay St. sold to Sherburne Investments, LLC, of Nantucket, Mass. from Susan K. Gasparich a/k/a Hamilton of Nantucket, Mass. for $2,525,000. The property is assessed at $2,190,900. The land bank fee is $50,500. 
 
3. A house on .46 of an acre and .91 of an acre at 3 and 11 Pochick Ave., respectively, sold to John E. Reed of Westfield, Mass. from Glynis E. Reed of Stuart, Fla. for $1. The properties are assessed at $3,017,600 and $4,706,700, respectively. The land bank exemption is K.

4. Ahouse on 1.3 acres at 3 Wamasquid Place sold to 3 Wamasquid Place Realty Trust of Nantucket, Mass. from Michelle Poupon of Nantucket, Mass. for $0. The property is assessed at $1,522,400. The land bank exemptions are C and D.

5. A house on .22 of an acre at 8 King’s Way sold to Robin Carey of Riverside, Conn. from James D. Carey and Robin Carey of Riverside, Conn. for $0. The property is assessed at $3,071,800. The land bank exemption is C.
 
6. Ahouse on .45 of an acre at 4 Hendersons Drive sold to Douglas J. Reichard and Mary N. Reichard of Short Hills, N.J. from James Wolf and Janice L. Wolf of Nantucket, Mass. for $1,650,000. The property is assessed at $1,385,100. The land bank fee is $33,000. 
 
7. A house on 1.8 acres at 12 Cathcart Road sold to Alison S. Monaghan of Wellesley, Mass. from Alison S. Monaghan, as Trustee of the Thekla R. Shackleton Grantor Retained Annuity Trust, dated 1-22-93, of Sarasota, Fla. for $0. The property is assessed at $5,305,300. The land bank exemption is D.

The Nantucket Islands Land Bank gained $83,500 in transfer tax fees for the week ending April 4. For 2008, the Land Bank gained an estimated total of $3,132,970.01 in transfer fees.

Nantucket real estate transfers 3.24.08 - 3.28.08

April 4th, 2008

1. A timeshare on .87 of an acre at 30 Centre St. sold to Denise Gorham of Bethesda, Md. from Alan A. Mallanda of Lake Luzerne, N.Y. for $4,000. The property’s assessed value is unavailable. The land bank fee is $80.

2. Ahouse on .11 of an acre at 122 Main St. sold to James R. Kelly and Jane C. Kelly of Nantucket, Mass. from Helen Victoria Haring-Smith of Washington, D.C. for $2,700,000. The property is assessed at $2,334,400. The land fee is $54,000. 
 
3. A house on 1.02 of an acre at 1 Jonathan Way sold to One Jonathan Way Realty Trust, Kent Seibert and Karen Pinkham, Trustees, of York, Pa. from The Seibert Family Trust, Kent Seibert and Karen Pinkham, Trustees, of York, Pa. for $. The property is assessed at $1,990,900. The land bank exemption is D.

4. A house on .12 of an acre at 39B Milk St. sold to Thomas P. Johnson and Isabella P. Johnson of Wilimington, Del. from Samuel Bailey, Jr., and Janet G. Bailey, Co-Trustees, Mill Street Realty Trust, of Farmington, Conn. for $1,625,000. The property is assessed at $1,739,700. The land bank fee is $32,500. 
 
5. A house on 5A Pine Tree Road sold to Dean T. Belanger and Tammy E. M. Belanger of Nantucket, Mass. from Paul T. Axt of Nantucket, Mass. for $530,000. The property is assessed at $649,400. The land bank fee is $10,600.

The Nantucket Islands Land Bank gained $97,180 in transfer tax fees for the week ending March 29. For 2008, the Land Bank gained an estimated total of $3,049,470.01 in transfer fees. Land bank income is derived mostly from the collection of a two-percent transfer tax on real estate transactions, subject to certain exemptions. The land bank acquires, holds, and manages land for open space and recreation on Nantucket. Other revenue sources include investments, private contributions, leasing of the Lily Pond Cottage at 15 North Liberty St., and properties at 2 Massasoit Bridge Road, 159 Hummock Pond Road, and 22 Broad St.

Nantucket real estate transfers 3.17.08 - 3.21.08

April 4th, 2008

1. A vacant lot on .34 of an acre at 15 Irving St. sold to Arthur I. Reade, Jr, Trustee of 15 Irving Street Nominee Trust, of Nantucket, Mass. from Michael J. Pligavko of New York City, N.Y. for $650,000. The property is assessed at $1,167,100. The land bank fee is $13,000.
 
2. A house on .69 of an acre at 22 North Beach St. sold to Stephen Dolente and Jennifer Dolente of Devon, Pa. from Dorothy Palmer, Trustee, of Nantucket, Ma. for $3,000,000. The property is assessed at $2,424,700. The land bank fee is $60,000. 
 
3. A condominium unit, Unit 3 of Anchor Village Condominium at 41C Old South Road sold to Timothy Shea of Nantucket, Mass. from Tamona L, McGrath, Trustee of Noworriesdude Nominee Trust of Nantucket, Mass. for $375,000. The property is assessed at $374,700. The land bank exemption is M.

4. Acondominium unit, Unit 6.2 at 6B Windy Way sold to Miroslava Bartkova of Nantucket, Mass. from Binth Rustad of Nantucket, Mass. for $325,000. The property’s assessed value is unavailable. The land bank exemption is M.

5. A house on 265 Madaket Road sold to Alfred Byron Coffin, III, Trustee of the Coffin Realty Trust, of Nantucket, Mass. from Alfred Byron Coffin, III of Nantucket, Mass. for less than $100. The property is assessed at $1,416,100. The land bank fee exemption is D.
6. A house on .12 of an acre at 4 Stone Barn Way sold to Dorothy R. P. Palmer, Trustee of East Wind Nominee Trust, of Hingham, Mass. from George C. Kenny and Jacqueline Florence Hegarty of Summit, N.J. for $2,600,000. The property is assessed at $1,945,700. The land bank fee is $45,200. 
 
7. A house on Lot 3 on Tuckernuck Island sold to Alfred Byron Coffin, III, Trustee of the Coffin Realty Trust, of Nantucket, Mass. from Alfred Byron Coffin, III of Nantucket, Mass. for less than $100. The property’s assessed value is unavailable. The land bank exemption is D.

8. A house on .25 of an acre at 4 Lewis Court sold to George A. Hughes and Elizabeth A. Hughes of Nantucket, Mass. from George A. Hughes of Nantucket, Mass. for $1 and Love and Affection. The property is assessed at $911,000. The land bank exemption is C.

9. A vacant lot on .14 of an acre at 9 Kittiwake Lane sold to Nantucket Building Works, Inc., of Nantucket, Mass. from Ornwater Nominee Realty Trust of Nantucket, Mass. for $1. The property is assessed at $1,636,500. The land bank exemption is I.

10. A house on .84 of an acre at 89 Vestal St. sold to Reginald Webster Ray Trust - 2008 and Mona G. Ray Trust - 2008 of Nantucket, Mass. from Mona G. Ray of Nantucket, Mass. for $0. The property is assessed at $1,806,100. The land bank exemptions are D and C.

11. A vacation home on .14 of an acre at 8 Pochick St., Siasconset sold to Willard B. Ferris, Trustee under the Willard B. Ferris Trust, of McLean, Va. from Willard Bradley Ferris of McLean, Va. for $0. The property is assessed at $1,550,900. The land bank exemption is D.

12. A house on .24 of an acre at 5 Fishers Land Road sold to Richard C. Brannigan, II and Michelle S. Brannigan of Nantucket, Mass. from Richard C. Brannigan, II and Michelle S. Brannigan of Nantucket, Mass. for $0. The property is assessed at $1,139,600. The land bank exemption is C.
 
13. A house on .23 of an acre at 15 Gray Ave. sold to Christina Marie Kardell and Caleb Kardell of Nantucket, Mass. from Lynne Marie and Christina Marie Kardell of Nantucket, Mass. for $0. The property is assessed at $739,800. The land bank exemption is C.

Nantucket real estate transfers 3.6.08 - 3.13.08

March 21st, 2008

1. A house on .26 of an acre at 2 Chapel St. sold to Prudence Bell of Old Greenwich, Conn. from the Estate of Peter Fleming of Watertown, Mass. for $946,000. The property is assessed at $1,775,300. The land bank fee is $18,920.
 
2. Houses on 3.2 and 3.3 acres at 93 and 99 Eel Point Road, respectively, sold to CMDM, LLC, of Garden City, N.Y. from Francis C. Rooney, Jr., Executor of Estate of Louise V. McCullough of New York City, N.Y. for $11,500,000. The properties are assessed at $6,999,300 and $8,328,100. The land bank fee is $230,000. 
 
3. A house on .74 of an acre at 4B Gladlands Ave. sold to Gladlands, LLC, of Nantucket, Mass. from P. Kevin Dineen and Donna R. Dineen of Nantucket, Mass. for $755,000. The property is assessed at $948,500. The land bank fee is $15,100 and the exemption is M.

4. A house on .51 of an acre at 29 Low Beach Road sold to Lorraine M. Martin, Trustee of the Lorraine M. Martin 2008 Trust of Siasconset, Mass. from Lorraine M. Martin of Siasconset, Mass. for $1. The property is assessed at $2,350,000. The land bank exemption is D.

5. A house on 1.8 acres at 156 Madaket Road sold to 156 Madaket Investments, LLC, of Houston, Texas from Julie P. Bragg of New York City, N.Y. for $2,550,000. The property is assessed at $3,073,800. The land bank fee is $51,000. 
 
6. A vacant lot on .46 of an acre at 25 Low Beach Road sold to Lorraine M. Martin, Trustee of the Lorraine M. Martin 2008 Trust of Siasconset, Mass. from Lorraine M. Martin of Siasconset, Mass. for $1. The property is assessed at $1,477,200. The land bank exemption is D.

7. A house on .38 of an acre at 2 Rudder Lane sold to Richard P. Brannigan and Janet B. Brannigan of Nantucket, Mass. from Janet B. Brannigan of Nantucket, Mass. for $0. The property is assessed at $1,195,900. The land bank exemption is C.

8. A house on .46 of an acre at 7 Rudder Lane sold to William H. Kyle and Susan P.H. Kyle, Trustees of the 7 Rudder Lane Realty Trust of Topsfield, Mass. from William H. Kyle and Susan Pembroke Herbert Kyle of Topsfield, Mass. of Topsfield, Mass. for $0. The property is assessed at $1,060,600. The land bank exemptions are C and D.

9. A house on .09 of an acre at 26 York St. sold to Victor Haley of Atlanta, Ga. from Stephen Keohane of San Francisco, Calif. for $1,350,000. The property is assessed at $1,332,300. The land bank fee is $27,000. 
 
10. A house on 1.3 acres on a portion of Arbour Way sold to Alison H. Mosca, Trustee of Seven Arbour Way Realty Trust of Boston, Mass. from Alison H. Mosca, Trustee of Five Arbour Way Realty Trust of Boston, Mass. for $0. The property is assessed at $1,419,400. The land bank exemption is C.

11. A house on 1.3 acres on a portion of Arbour Way sold to Alison H. Mosca, Trustee of Five Arbour Way Realty Trust of Boston, Mass. from Alison H. Mosca, Trustee of Seven Arbour Way Realty Trust of Boston, Mass. for $0. The property is assessed at $1,545,500. The land bank exemption is C.

12. A house on .16 of an acre at 10 Miacomet Ave. sold to Brian Bridges of Nantucket, Mass. from Ten Miacomet, LLC, of Nantucket, Mass. for $0. The property is assessed at $813,000. The land bank exemption is I.

13. A house on .16 of an acre at 10 Miacomet Ave. sold to Mark Aguiar of Nantucket, Mass. from Ten Miacomet, LLC, for $0. The property is assessed at $813,000. The land bank exemption is I.

14. A house on .44 of an acre at 3 Rudder Lane sold to Deirdre McMahon of Howth, County Dublin, Ireland from Camellia Gurley of Orlando, Fla. for $1,200,000. The property is assessed at $1,205,400. The land bank fee is $24,000. 
 
15. A house on .11 of an acre at 24B Sankaty Road sold to Edward P. Maggio and Cynthia A. Maggio of Westford, Mass. from Dorothea E. Wyle and Stephen C. Wyle of Ocala, Fla. for $1,100,000. The property is assessed at $1,689,100. The land bank fee is $22,000.

Nantucket real estate transfers 2.25.08 - 2.29.08

March 11th, 2008

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Nantucket real estate transfers 2.18.08 - 2.22.08

March 11th, 2008

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Nantucket real estate transfers 2.11.08 - 2.15.08

March 11th, 2008

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Nantucket real estate transfers 2.1.08 - 2.8.08

February 14th, 2008

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Nantucket real estate transfers 1.24.07 - 2.1.08

February 14th, 2008

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Nantucket real estate transfers 1.17.08-1.24.08

February 4th, 2008

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