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Buyers ring up $54 million in Vineyard property sales

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Well-financed buyers closed on several Martha’s Vineyard properties last week, including an estate at 48 Witchwood Lane in the Katama section of Edgartown, which sold for $22 million.

Land records show the main home on the three-acre shorefront lot is a seven-bedroom, 21,000-square-foot home, which includes a bowling alley. The property also features a 2,800-square-foot guesthouse and a deep-water dock on Katama Bay.

The Martha’s Vineyard Land Bank fee on the transaction was $440,000, according to land records. Assessors’ records show the property is assessed at $16,817,600.

The buyer is listed as The Edgartown Trust, with New York City attorney John Zampino listed as the trustee.

The seller was JPBK Holding-MA LLC. The managers of that corporation are listed as James G. Held and Kenn Karakul of Palm Beach, Fla.

In another high-profile sale in Edgartown, Charles C. and Ann Tamer Hajjar, trustees of 24 South Water Street Trust, purchased 24 South Water Street in Edgartown for $3.6 million.

In Aquinnah, a property at 5 Skippers View Lane sold to Kaempfer Skippers Lane LLC for $6.5 million.

In West Tisbury, Peter R. Fisher and Elliot S. Fisher, as trustees of Fisher Realty Trust II, sold 130, 138, and 149 Watcha Club Road in two separate transactions totaling $10.8 million.

The buyer is listed as Calawi Realty Trust, Dennis R. Delaney, trustee.

Also sold last week were 30, 31, and 33 Beetlebung Road in Chilmark for $4.4 million. The buyer is listed as Beetlebung Road LLC.

According to land records, the total amount of property sales on Martha’s Vineyard from Feb 2 to Feb. 6 was $53.8 million.

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Business Brief: Marilyn Moses awarded Licensed Real Estate Broker designation

MVC will review five-lot development of Old Olson Farm in West Tisbury

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Huseby Mountain Farm, LLC, a real estate investment group led by Joe El-Deiry of Vineyard Haven and John Keene of Chilmark, will present its plan to subdivide approximately 31 acres of land in West Tisbury adjacent to Pine Hill Road to the Martha’s Vineyard Commission (MVC) next month. The land was once was part of a large farm owned by John and Debbie Olson, and abuts Mr. Keene’s company, John Keene Excavation, on Old Stage Road.

The property was previously under agreement by an investment company with plans for a 55-unit subdivision, pending access. When that failed, Mr. Keene and Mr. El-Deiry purchased the property to keep it as intact as possible, Mr. Keene told The Times.

Last Monday night, Mr. El-Deiry and Chris Alley of Schofield, Barbini, and Hoehn, the project’s engineers, met with members of the MVC’s Land Use Planning Committee (LUPC) to review the development plan as a precursor to next month’s public hearing.

The proposal is to subdivide the land into one 10-acre lot, one 9-acre lot, one 7.5-acre lot, one 3-acre lot, and a 1-acre affordable homesite lot. Approximately half of the 31 acres would remain fields and woods.

The scale of the subdivision and the fragmentation of wildlife habitats generated discussion, as did access to Pine Hill Road.

Earlier this year, the West Tisbury Planning Board nominated Pine Hill Road as a district of critical planning concern (DCPC) Special Way. Such a designation would impose a development moratorium extending 20 feet from either side of Pine Hill Road’s centerline. The MVC accepted the nomination, citing among other things that the rural road has been in use in one form or another since the 17th century. A public hearing on the designation is slated for tonight, Feb. 19. Approval would still be needed at West Tisbury town meeting.

Mr. El-Deiry told LUPC members that such a designation might require radical changes to the subdivision plan, including the need to create a new private road parallel to Pine Hill Road, beyond its 20-foot protected boundary.

The MVC has scheduled a public hearing on the Huseby subdivision plan on March 5, but it is subject to change.

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Real Estate Roadshows at Vineyard Open House Real Estate

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Vineyard Open House Real Estate will hold a series of informational “Real Estate Roadshows” at its Vineyard Haven office, every Friday for the month of March.

Inspired by PBS’s Antique Roadshow, the real estate version features local experts who will speak on mortgage financing, maximizing rental income, flood insurance, and more. The public is invited. Hot coffee, tea, hot chocolate, and fresh muffins will be served at the events, which will run each Friday from 9 am until noon.

Tim Lowe, vice president at Martha’s Vineyard Savings Bank, was featured in the inaugural event on March 6, and focused on creative ways to finance the purchase of primary and secondary homes.

This Friday, March 13, Realtor Kristin Zern will discuss “How to Maximize Your Summer Rental Income.” Tips will focus on how to set the most profitable rates, what renters look for in summer rental, marketing advice, and more. Zern, who lives in West Tisbury, has been managing rental property on Martha’s Vineyard for 30 years, and is a Realtor at Vineyard Open House Real Estate.

Tammy King of Cape Cod 5 will be featured on Friday, March 20, and on March 27, a home insurance specialist will explain how the latest rules on flood zones will affect homeowners insurance.

Attendees are encouraged to bring their questions for a personal response. Vineyard Open House Real Estate is located at 10 Union Street in Vineyard Haven (right across from Murdick’s Fudge.) For more information, contact David Lott, owner/Realtor, Vineyard Open House Real Estate, at 508-338-2495.

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Public forum Wednesday for Meshacket Way affordable housing project

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The Edgartown affordable housing committee will present a revised plan for an affordable housing project planned for a town-owned parcel off Meshacket Way at a public forum on Wednesday, March 25, scheduled to begin at 6 pm in the selectmen’s meeting room in town hall.

A proposal presented last year for five rental apartment buildings with a total of 52 bedrooms on the nine-acre lot and no private homes generated opposition. On Wednesday, the affordable housing committee will present a scaled-down plan, though still focused primarily on rental housing. It calls for a mixed-use development that includes three apartment buildings, with a total of 42 bedrooms for rental to Island residents, according to income guidelines.

“We have scaled the number of bedrooms back by 20 percent, incorporated three single-family home ownership opportunities, and have made plans to screen the buildings as much as possible from public view,” the committee wrote in a letter inviting Edgartown residents to the public forum. “We have also divided the rental components into three small portions: workforce housing, senior housing, and family housing.”

When the 2012 annual town meeting authorized funds to begin the project, the discussion focused on creating nine building lots to be sold at below-market rates to qualified buyers who would then build their own homes.

The committee said it ran into engineering and environmental limitations which changed the original concept. The Martha’s Vineyard 2014 Housing Needs Assessment also swayed the committee’s view. That study, funded by the six Island towns, highlighted a greater need for rental units, according to committee members.

The parcel, assessed at $487,000 according to assessors’ records, was taken by the town when the owner failed to pay the taxes due.

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Pending home sales up 14 percent in March

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Home buyers in Massachusetts puts deals under agreement at a faster clip in March compared with last year. The Massachusetts Association of Realtors announced Tuesday morning that pending home sales for the month were up more than 14 percent compared with last March, the State House News Service reported. The median price of a home placed under agreement last month was $320,000. Pending condo sales last month were up 12.1 percent, and the median condo sale price rose 3 percent, to more than $309,000. The association’s market confidence index has been down 15 of the past 16 months, but still registered 69.18 on a 100-point scale, with 0 representing the weakest market and 100 the strongest.

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Real Estate Transactions: June 15 – 19, 2015

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Aquinnah

June 16, David H. Wice, Betsy W. Wice, Leila R. Wice, and Nathaniel A. Wice sold a lot off Moshup Trail to the Martha’s Vineyard Land Bank Commission for $50,000.

Chilmark

June 16, Gary Fudem sold 3 Periwinkle Lane to AYTB LLC for $3,200,000.

Edgartown

June 16, Heather Ann Hunt sold 2 Windsor Drive to Scott L. and Melissa J. Braillard for $554,000.

June 16, Batchmail LLC sold 3B Magnolia Way to David Jay Morton for $930,000.

June 18, John F. Bitzer, Jr. sold an undivided 1.75234% interest in 144 Plantingfield Way to Elizabeth B. Selman, John F. Bitzer 3rd, and Charles W. Bitzer, trustees of the John F. Bitzer Jr. Irrevocable Trust, for $150,000, and a 3.03738% interest in 144 Plantingfield Way to Elizabeth B. Selman, John F. Bitzer 3rd, and Charles W. Bitzer, trustees of the John F. Bitzer Jr. Irrevocable Trust, for $260,000.

June 18, Barbara M. Gaynes sold 94 Old Purchase Road to Robert D. and Eileen C. Moriarty for $470,000.

June 19, Todd S. Sawyer sold 43 Boylston Street to Jon and Erica Ashton for $442,000.

Oak Bluffs

June 16, Timothy J. and Nora M. Dyke, trustees of TND Realty Trust, sold 11 Jessica Lane to Cutler MV LLC for $330,000.

June 18, Donald G. McKillop and Susan L. Davy sold Unit 2, 91 Dukes County Avenue, to Bryan W. Daigle and Nyama Wingood for $430,000.

Tisbury

June 15, Janet R. Frink sold 171 Tashmoo Avenue to Raymond and Melanie M. Bilodeau for $228,000.

West Tisbury

June 18, Steve L. Holman, trustee, sold 26 Pin Oak Circle to Benjamin T. Retmier for $495,000.

The post Real Estate Transactions: June 15 – 19, 2015 appeared first on Martha's Vineyard Times.

Martha’s Vineyard Open Houses – July 4th Weekend

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This information and interactive map provided as a courtesy to our advertising partners from the 7/2 issue of The Martha’s Vineyard Times.

Independence day weekend on Martha’s Vineyard is traditionally very busy with Open Houses, and 2015 is no exception. The Martha’s Vineyard real estate market is in full swing, with several open houses Saturday and Sunday.  Be sure to check out our interactive map of open houses as well…

Saturday, July 4

LAER Realty Partners
141 Lake Street Vineyard Haven MA – 10 AM to 12 PM
Beautiful Lake Tashmoo
Bright and open 3 bedroom with room to grow!
3 Bedrooms / 2.5 Baths
$610,000

Sunday, July 5

Point B Realty
16 Simpsons Lane, Edgartown MA – 10 to 11:30 AM
Luxurious Poolside Living: 4 Bedrooms, 5.5 Baths
$4,395,000

Point B Realty
70 South Water Street, Edgartown MA – 10 to 11:30 AM
Circa 1830’s Masterpiece: 4 bedrooms/5 Baths
$4,575,000

Point B Realty
5 Craft’s Field Way, Edgartown MA – 12 noon to 1:30 PM
Coastal-Style Retreat: 5 Bedrooms, 6.5 Baths
$1,890,000

Point B Realty
25 Vickers Way, Edgartown MA – 12 noon to 1:30 PM
Move-In Perfect With Pool: 3 bedrooms, 4.5 Baths
$1,595,000

Feiner Real Estate
29 Oxcart Road, Aquinnah – 2 to 4 PM
Waterfront
reduced $500,000 to $2,195,000

Feiner Real Estate
5 Sea Mist Lane, Aquinnah – 2 to 4 PM
Huge views, private beach access
reduced $450,000 to $2,250,000

Sea Gull Realty
105 Sandpiper Lane, Vineyard Haven MA – 2 to 4 PM
Respected Island Craftsman/Builder’s spectacular single family home.
Four BR, 3-1/2 BA, 2 fireplaces, custom details throughout.
Garage, full basement, A/C, large open areas. This home has it all.
In addition, the pool, tennis and 2 beautiful beaches of Tashmoo Wood come with it.
$1,175,000
Tashmoo Wood off Franklin Street.  Follow the signs.

The post Martha’s Vineyard Open Houses – July 4th Weekend appeared first on Martha's Vineyard Times.


Business Brief: Business brief: Real estate roadshow returns to Vineyard Haven

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Vineyard Open House Real Estate’s popular “Real Estate Roadshow” will return to its Vineyard Haven location at 10 Union Street this Friday, July 24, from 9 am to noon.

Kristin Zern, director of the Vineyard Open House rental division, will speak on the topic “How to Maximize Your Summer Rental Income.” Tips for vacation homeowners will focus on how to set the most profitable rates, what renters look for in a summer rental, marketing advice, and more, according to a press release. Ms. Zern, who lives in West Tisbury, has been managing rental property on Martha’s Vineyard for the past decade.

Coffee, tea, and Black Dog muffins will be served.

Vacation homeowners are encouraged to bring their questions for a personal response. Vineyard Open House Real Estate is located at 10 Union Street in Vineyard Haven (right across from Murdick’s Fudge). For more information, contact David Lott, owner/Realtor, Vineyard Open House Real Estate, at 508-338-2495.

 

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More Who’s Who in Martha’s Vineyard Real Estate

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David Lott, Owner/Realtor, Vineyard Open House Real Estate, Vineyard Haven

Home: Vineyard Haven

Why are you in real estate? It’s been around me all my life. When I was 9, my parents and I went to Hawaii. And what did they do? Drive around, with me in the back seat, and look at houses. My mother was a Realtor, and I spent a lot of time at her office doing homework. In 2013 I opened my own real estate firm on Union Street in Vineyard Haven, right across from Murdick’s Fudge.

Any interesting stories from your work? The very first clients I worked with were a wonderful couple who had opposing ideas of what their ideal house was. We saw a lot of homes, and I would listen to them “discuss” them in the back seat of the car as I drove them around — divergent views, but a beautiful disagreement, voiced with great respect for each other. When we hit 33 houses, I said with a smile, “Well, you know what they say, the 34th time is the charm.” Then it was the 46th, then the 55th, and finally No. 64. We turned into a driveway in West Tisbury. As we drove down the drive past the trees with the house partially obscured in the distance, this tremendous emotion came over everyone in the car, and I knew we had found the place.

Barbara Meade Twiss, Realtor–Agent Partner, LAER Realty Partners on Martha’s Vineyard, Oak Bluffs

Number of years in real estate: Nine years on Martha’s Vineyard

Home: Oak Bluffs

Why are you in real estate? My late husband Ted encouraged me to get my real estate license over 20 years ago; best advice any one has ever given me!

Philosophy: I go to work every day, try to be better than the day before, and I never forget that there are many real estate agents on the Island, and how fortunate I am when a buyer or seller chooses to work with me. I never take it for granted.

Favorite activity on the Island: Walking the many beautiful Land bank trails, and meeting friends on the beach at sunset.

Best souvenir of the Island: Sea glass and … keys to an Island home, of course!

Lisa Lucier, Owner/Broker, Anchor Realty of Martha’s Vineyard, Oak Bluffs

Years in real estate: 16

Home: Edgartown

Why are you in real estate? I have always loved houses — my father was a real estate broker, one of the many hats he wore. He always told me it was his favorite job. It occurred to me that I could do this, and be good at it, when I was selling my house in Oak Bluffs and moving to Edgartown. I enjoyed the whole process, and said to myself, Why don’t you do this? We started Anchor Realty in September 2014, and have been off to a great start. I have five agents working with me, and we have been very busy.

Favorite room in your house: The den. It’s cozy, and that is where my dog hangs out.

What would you be if you weren’t a Realtor? If you had asked me when I was younger, I would always say I want to be a veterinarian; I love animals, and I am the most happy surrounded by them. Animals are a great source of unconditional love — I think we can all learn from them.

Favorite on-Island activity: I LOVE THE BEACH. Hanging out in the sun with my friends on Norton Point.

Sheila Morse, Broker/Owner, Island Real Estate, Vineyard Haven

Years in real estate: 24 years

Home: I live in West Tisbury with my husband, Chris, and our three daughters.

Why are you in real estate? By accident: I was renting a property during the summer with friends through a real estate office on the Island. When the summer ended, the owner of the real estate company asked if I’d like a job while I was in their office collecting my security deposit.

Favorite room in your house? My kitchen — it is a gathering place. Whether we are doing homework, cooking Sunday supper, baking, or making lunch with all the kids from the neighborhood, it is the heart of our home.

How did you come to own your own home? I saw a piece of land that was newly listed for sale. I called my husband to go take a look and call me as soon as he was there. It was a great location, and I said if he liked it, we should put together an offer. We’ve built a house, and have been living there for 13 years.

Favorite on-Island activity: Walking the beach on a beautiful day.

Bill LeRoyer, Co-Owner/Principal Broker, Harborside Realty, Edgartown

Number of years in real estate: 19

Home: Edgartown

Specialty: Residential properties, equestrian facilities, and farms

Why are you in real estate? After vacationing on the Island for a number of years when my parents summered here, my wife and I decided it would be a great place to live, so in 1994 we packed up and moved to the Island from Connecticut with our son Billy. Our daughter Jennifer was off to UMass for her first year. Once on the Island, I needed to find a new career, and thought real estate would be a good fit, as I like working with people, which I had been doing for the previous 18 years while managing equestrian events throughout New England.

Philosophy: Knowing and understanding the needs of your client so you can provide him or her with the best level of service possible.

What would you be if you weren’t a Realtor? Probably would still be in the equestrian-management business.

Nya Clarke, Owner/Broker, Martha’s Vineyard Island-Wide Realty, Vineyard Haven

Number of years in real estate: 14

Home: I grew up in Oak Bluffs, and now live in Vineyard Haven.

Specialty: Residential sales and rentals

Why are you in real estate? I had family and friends who did real estate in Boston and New York; it was always an interest, and it developed while in art school for fashion design.

Philosophy: There is always an opportunity to make a match! I’ve always been intrigued by the uniqueness and diversity of the people and properties that are involved in the transaction.

What would you be if you weren’t a Realtor? An interior designer or fashion designer.

How did you come to own your own home? It was my listing — a contemporary. Most buyers could not see beyond the shag rug, metallic wallpaper, orange countertops, and avocado-green appliances. I spent so much time showing it, and eventually convinced myself to buy and revamp the midcentury home.

Favorite on-Island activity: My husband owns Martha’s Vineyard Oceansports. I take advantage of having access to boats. I also love biking, paddleboarding— everything outdoors.

Best Island souvenir: Great Vineyard memories.

Bobbi Flake Reed, President/Broker, Viewpoints, Vineyard Haven

Number of years in real estate: 37

Home: Vineyard Haven

Specialty: Waterview and waterfront properties in West Chop and Vineyard Haven

Why are you in real estate? I was a sound and lighting engineer for Disney when I got married, and had to move to Nevada. I could no longer work in my trade, so a fellow ski instructor suggested real estate.

Philosophy: I believe in listening to buyers and sellers; it is about what they want and need, and how best to accomplish that with trust, loyalty, compassion, professionalism, and always a warm smile.

Favorite room in your house: I love my living room/kitchen overlooking my large deck/patio and woods. I have many tropical flowers, which seem to intrigue turkeys, deer, rabbits, birds, and yes, skunks!

How did you come to own your own home? I was looking for a townhouse, and sent out letters. One response said they would sell if I could find them something else. I found them a great house, first house I showed them, and have subsequently resold that house to one of my buyers.

What would you be if you weren’t a realtor? If was not a realtor I would definitely work for ESPN or the Boston Red Sox. I am a die hard sports fan!

Best Island souvenir: Sea glass is always a popular souvenir, as are wonderful memories!

Alyssa Dubin, Broker/Realtor, Wallace & Co., Sotheby’s International Realty, Edgartown and Chilmark

Number of years in real estate: 11

Home: West Tisbury

Specialty: Real estate sales in every town on the Island

Philosophy: Honesty, friendly service, and attention to detail. My office is a great place to work. We are a team, and I enjoy working with everyone there.

What would you be if you weren’t a Realtor? Probably still wearing my white lab coat. Before I started real estate, I did cancer research at the Johns Hopkins Oncology Center.

Favorite room in your house: Kitchen. I love to cook, and my kids, especially my 8-year-old son, Caleb, love to help out in the kitchen. Caleb will try just about everything I make — my biggest fan!

Favorite on-Island activity: Despite the crowds, I just love going to Menemsha in the summer late in the day. My kids love to catch crabs and fish at the beach. We grab takeout from the fish market, and watch the sunset. Even after circling the parking lot for 30 minutes, we still go back again and again.

Best Island souvenir: I love the copper fish that Scott McDowell makes. They look great on any wall. His store is the Copperworks, in Menemsha.

The post More Who’s Who in Martha’s Vineyard Real Estate appeared first on Martha's Vineyard Times.

Island Housing Trust, Land Bank team up for Tisbury 15 acre purchase

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The Island Housing Trust (IHT) announced Wednesday it has combined forces with the Martha’s Vineyard Land Bank to purchase a 15-acre parcel off State Road in Tisbury for $1.2 million. The two agencies joined together to “create year-round workforce housing with the strategic conservation of open space,” according to a press release.

The property off State Road near the Scottish Bakehouse is bisected by Red Coat Hill Road, an ancient way. IHT will propose an affordable housing development on six acres south of Red Coat Hill Road.

“The IHT intends to develop a neighborhood of 11 energy-efficient duplexes similar in design to the ones built at Sepiessa in West Tisbury, which have been well received by the community,” IHT executive director Philippe Jordi told The Times on Wednesday.

IHT sold the Land Bank an exclusive-use easement for the nine acres north of Red Coat Hill Road for $600,000, which entitles the land conservation agency to use the property as if it owns it. The parcel can be used for septic and wells for the affordable housing, provided IHT restores the land to a natural state, according to Land Bank executive director James Lengyel.

 

Failed effort resurrected

The parcel is part of a 24-acre property that was originally owned by the Norton family. In 2002, representatives of several Island religious organizations formed the nonprofit Bridge Housing Corporation and launched an initiative to build Bridge Commons, a Chapter 40B affordable housing project.

The corporation secured a loan for nearly $1.7 million from Boston Community Capital to buy a 14.8-acre Tisbury site at State and Deer Hill roads on which to build 22 homes in 11 two-family buildings.

The Land Bank opted to purchase the remaining nine acres, now part of Ripley’s Field Preserve.

In an option dated June 1, 2002, Bridge Housing agreed to pay the Norton family $2,000,000, subject to added payments that accrued until closing. The Bridge Commons project received approval from the Martha’s Vineyard Commission in 2003 and Tisbury’s zoning board of appeals in 2004, and won court appeals brought by neighbors.

Closing finally occurred in 2007, resulting in two deeds, one to the Land Bank and one to Bridge, for an aggregate payment of $2,337,808.

In 2009, the Bridge Housing Common board announced a decision to put the Tisbury property on the market because the project had run out of financial resources and they could not repay the site purchase loan.

Continuing efforts to salvage Bridge Housing subsequently failed, and the land went into foreclosure. It was then bought by Boston Community Capital.

 

The power of one

Mr. Lengyel said that negotiations between Boston Community Capital, the Land Bank, and IHT began in February. “Both the Land Bank and the Island Housing Trust negotiated as a team with Boston Community Capital,” he told The Times. “We agreed we’d pay $1.2 million and split the cost 50/50.”

Mr. Lengyel said the initial spark for the deal came in November 2014 from a “citizen’s request” — a call to the Land Bank suggesting it purchase the property.

“We have a philosophy that anyone can call here at any time and say, ‘You should look at this land,’ but we don’t record the calls, per our policy, and I don’t believe the caller left a name,” he said.

In December the Land Bank said it was not interested in buying all of the property, but would be open to a cooperative acquisition with some affordable housing entity. In February, the IHT and Land Bank teamed up and began negotiations with Boston Community Capital.

Boston Community Capital is a nonprofit community-development financial institution that has invested over $1 billion in affordable housing and job creation in low-income communities since 1985, according to the company website.

“This never would have been possible without Boston Capital’s willingness to take a loss,” Mr. Jordi said. “They wanted to make the deal work because their mission is aligned with ours.”

The Land Bank has had a busy September. Earlier this month the commission announced the purchase of 22.6 acres along Pepperbush Way in West Tisbury for $2,350,000.

“Our acquisitions tend to come in clumps,” Mr. Lengyel said. “We can go stretches without any deals, but for some reason, they often happen all at once.”

 

Housing history

The Martha’s Vineyard Land Bank is funded by a 2 percent surcharge on most real estate transfers. It is limited by its enabling legislation to land purchases for recreational and conservation purposes. That has not stopped it from cooperating with housing groups to create affordable housing opportunities, according to a Land Bank account.

In 1991 the Land Bank and the Dukes County housing authority cooperatively purchased land off Clam Point Road in West Tisbury; the housing authority obtained a three-acre site at a price of $18,420, on which it constructed four affordable rental units, and the Land Bank created the Sepiessa Point Reservation on the balance.

In 1992 the Land Bank and the town of Chilmark cooperatively purchased land off Tabor House Road in Chilmark; the town obtained 28 acres for various municipal goals, one of which was realized by the creation of two affordable house lots, and the Land Bank created the Peaked Hill Reservation on the balance.

In 1999 the Land Bank and the town of Edgartown cooperatively purchased land off Eighteenth Street in Edgartown; the town obtained 57 acres for various municipal goals, one of which was realized by the creation of the Morgan Woods affordable housing development, and the Land Bank created the Pennywise Preserve on the balance.

In 2003 the Land Bank and the Island Affordable Housing Development Corporation (IAHDC) cooperatively purchased land off Lobsterville Road in Aquinnah; the IAHDC obtained a 0.5-acre site at a price of $57,715, on which it created an affordable housing ground lease, and the Land Bank incorporated the balance into its Gay Head Moraine reservation.

In 2003 the Land Bank and town of Aquinnah cooperatively targeted land on Old South Road in Aquinnah; the town created two affordable house lots, and the Land Bank incorporated the balance into its Gay Head Moraine reservation.

In 2004 the Land Bank and the Island Housing Trust Corporation (IHTC) cooperatively purchased land off Takemmy Path in Tisbury; the IHTC obtained a one-acre site at a price of $48,430, on which it sited three affordable housing ground leases, and the Land Bank incorporated the balance into its Wapatequa Woods Reservation.

In 2006 the Land Bank purchased, for $15,714, a conservation restriction from the Island Housing Trust Corporation (IHTC) at its Twin Oaks site at the roundabout in Oak Bluffs, as part of a plan creating three affordable housing ground leases; the conservation restriction was incorporated into the Land Bank’s Weahtaqua Springs Preserve.

In 2007 the Land Bank and the Island Housing Trust Corporation (IHTC) cooperatively purchased land on State Road in West Tisbury; the IHTC obtained a four-acre site at a price of $350,168, on which it sited eight affordable housing ground leases on Eliakim’s Way, and the Land Bank incorporated the balance into its John Presbury Norton Farm.

In 2013 the town of Chilmark obtained, at no cost, four affordable house lots abutting the Land Bank’s Tiasquam Valley Reservation as a result of a tripartite agreement involving the transfer of various properties among and between it and the Land Bank and a private family.

The post Island Housing Trust, Land Bank team up for Tisbury 15 acre purchase appeared first on Martha's Vineyard Times.

Even more who’s who in Real Estate

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Julie Flanders

Broker, Flanders Up-Island Real Estate, Chilmark

Number of years in real estate: 33

Hometown: Chilmark

Why are you in real estate? Genetics – third generation in family owned & operated firm

Philosophy: Treat others as you would like to be treated!

Specialty: Convoluted sales

Favorite room in your house: My kitchen — it’s the heart of the home

How did you come to own your own home? I always wanted to live in a stone house in Chilmark. I was lucky to be able to buy Stonehouse Farm when it came on the market about 20 years ago.

Favorite activity on the Island: horseback riding and swimming

Best souvenir of the Island: Chilmark Chocolates

Favorite thing to do once fall rolls around: Riding on the beach

Football team you root for: Pats, of course

Favorite place to watch football: My own family room!

 

Doug Reece. Realtor

ReMax On-Island

Number of years in real estate: 34 years

Hometown: St. Louis Missouri

Why are you in real estate? Great Question. I entered the real estate business at the suggestion of my grandfather who got his real estate license after retiring from a 40-year career as a tailor.  He “sold” me on the belief that helping people invest in their home is a great thing to do. And he was 100% correct! Hands down the best career there is.

Philosophy:  Success is all about options…explore your options

Specialty: Listening to what the client is saying…and understanding what they are not saying.  Truly understanding the client’s needs and goals is the key to helping them.

Favorite room in your house: Kitchen. I love to cook and that is where the parties all end up anyway.

How did you come to own your own home?  Right place at the right time

What would you be if you weren’t a Realtor? I can’t Imagine doing anything else. Your question needs a little tweaking, however. Not every Island real estate agent is a Realtor. A Realtor is an agent who chooses to be a member of the National Association of Realtors.

Favorite activity on the Island: Beach Picnics watching full moon rise over Chappy

Favorite thing to do once fall rolls around: Getting together with my island friends I haven’t seen since June because we are all busy with the summer craziness.


Marilyn Moses,  Associate Broker, Ocean Park Realty, Oak Bluffs

Number of years in real estate: 12 years. I love my job!

Hometown: Norwood

Why are you in real estate? Everyday I am always excited to get up and go to work. I know I have my dream job because it does not feel like work. I am passionate about helping people find their home on Martha’s Vineyard  Listening to your client’s real estate requirements is very important, however, don’t be afraid to show properties and offer suggestions if you know the market it is amazing — how many homes I have sold this way.

Specialty: My specialty is working with sellers and buyers in Oak Bluffs, Vineyard Haven and Edgartown. I work with many island builders, consulting with designs on the trends in the current marketplace. I enjoy and have had great success selling in East Chop, Copeland District and the Martha’s VIneyard Campmeeting Association.

Favorite room in your house: I love to cook in my kitchen on Sundays. A perfect day to make “red sauce ” to enjoy with my family and friends with a great bottle of Red.

How did you come to own your own home? I own a home in Vineyard Haven very close to Owen Little Park Way and the Yacht Club. I immediately fell in love with the location and proximity to beach and West Chop.

Favorite activity on the Island: Morning walks, bike rides and runs around the Chop are some are my favorite activities. I also enjoy golfing the various island courses and hiking all the wonderful land bank trails. I love my life and would not change a thing.

The post Even more who’s who in Real Estate appeared first on Martha's Vineyard Times.

Real Estate Transactions October 5–9, 2015

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Chilmark

Oct. 9, Peter J. Bouyoucos sold 365 Middle Rd. to S. Fain Hackney, trustee, Middlemark Realty Trust, for $2,350,000.

 

Edgartown

Oct. 5, North Water Street Associates LLC sold 70 South Water St. to David V. and Michele M. Hedley, trustees, Hedley Real Property Trust, for $4,300,000.

Oct., 5, Keith J. Doucette and Kevin Paul and Kathleen Joan Doucette sold 24 The Boulevard to Keith J. Doucette and Barbara Cougle for $200,000.

Oct. 5, Morash Family LP sold 42 Field Club Drive to Colonial Reproductions Inc. for $1,140,000.

Oct. 6, Morash Family LP sold 34 Field Club Drive to David V. and Michele M. Hedley, trustees, Hedley Real Property Trust,for $2,200,000.

Oct. 6, Susan Markwica sold 4 Waqua Ave. to Stephan Pond and Suzanne Metell for $212,550.

Oct. 6, Sharon Smith Purdy, BNY Mellon, NA, and Mellon Trust of New England, NA, trustees, Danwin M. Purdy Revocable Trust, sold 4 Pipn Circle to Bart M. Heywood and Lucy Whittemore Heywood for $1,150,000.

Oct. 7, Wayne E. West, individually and as trustee, West Acres Trust, sold 28 West St. to Katama Beach LLC for $825,000.

Oct. 8, Alan J. Fink, Jr. and Vanessa A. Fink sold 1 Martha’s Way to Wayne E. West for $560,000.

Oct. 9, Scott C. Fegan sold 20 Haystack Lane to Kenneth Monahan for $15,000.

Oct. 9, George B. Barnard, Jr., Samuel F. Barnard, and Henry W. Barnard, trustees, Barnard Family Nominee Trust, sold 10 Armstrong Lane to Stuart A. Kingsley for $5,500,000.

Oct. 9, Bank of America NA and Oliver L. Thompson, 3rd, trustees, sold part of 19 Haystack Lane to Pamela Monahan for $520,000.

Oct. 9, Bank of America NA and Oliver L. Thompson, 3rd, trustees, sold part of 19 Haystack Lane to Kenneth B. Monahan for $520,000.

Oct. 9, Morash Family LP sold 38 Field Club Drive to Island Kids LLC for $2,400,000.

 

Gosnold

Oct. 9, Lehner/Cuttyhunk LP sold a lot off Road to the Cemetery to Alexandra C. and Duane H. Lynch, trustees, D&A Lynch Nominee Realty Trust, for $195,000.

 

Oak Bluffs

Oct. 5, Susan W. Collinson, individually and Eleanor Collinson, a/k/a Eleanor Hunt Collinson, trustee, Dale S. Collinson Revocable Trust, sold 23 Atlantic Ave. to Jerry W. Sudderth, trustee, Jerry W. Sudderth & Cheryl R. Sudderth Trust, for $720,000.

Oct. 9, Janina J. Kean sold 90 Summit Ave. to Eric Coles and Mark Chung for $437,500.

Oct. 9, William O. MacArthur 3rd and Lisa F. MacArthur sold 16 Madison Ave. to Donald E. and Valerie R. Kaufman for $935,000.

Oct. 9, Thomas L. and Susan H. Hagan sold 10 Pequot Ave. to Paul F. and Donna B. Getty for $609,250.

 

Tisbury

Oct. 5, James J. Wilmot sold 60 Beach Rd. to Walter and Kelly Eggers for $110,000.

Oct. 6, Kenneth T. and Stephanie W. Roache sold 51 Summer St. to Nora Moroney Dyke for $625,000.

Oct. 7, Brian M. and Laura M. Plunkett and Jeremiah M. and Christine McCue Potts sold 119 Clover Hill Drive to Jeremiah M. Potts, trustee, 119 Clover Hill Drive Realty Trust, for $300,000.

Oct. 9, Craig M. Coutinho sold a lot off Proprietor’s Way to Jennifer B. and Donald A. Allgood for $220,000.

Oct. 9, Nathaniel J. Orleans sold 9 Chapde Lane and 1/3 interest in lot 91, Chapde Lane, to Cameron L. Brookes for $525,000.

 

West Tisbury

Oct. 8, Martha’s Vineyard Savings Bank, trustee, Marjorie M. Rogers Nominee Trust, sold 5 Willow Tree Hollow Rd. to Douglas Bardwell for $299,000.

The post Real Estate Transactions October 5–9, 2015 appeared first on Martha's Vineyard Times.

REAL ESTATE TRANSACTIONS: Oct. 12 – 16, 2015

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Chilmark

Oct. 15, Bradford P. White sold 10 Harbor Hill Rd. to Frederick N. Khedouri for $801,000.

Oct. 16, Barbara A. Crosby and Erik Bruun, trustees of the Barbara A. Crosby Chilmark Qualified Personal Residence Trust, sold 3 Nickerson
Farm Lane to Carl E. Tack, 3rd and Martha F. Tack for $3,250,000.

Edgartown

Oct. 15, Edivalda V. Santana and Florisval P. Santana sold 58 Chase Rd. to Clifford Meehan, trustee of the Vitoria Realty Trust, for $621,000.

Oct. 15, Wendy R. Harman sold 25 Codman Spring Rd. to Roman and Stephanie L. Kogan for $1,175,000.

Oct. 16, Diana M. Butynski, John Butynski, Christopher S. Look, 3rd and Joyce L. Look sold 60 West Tisbury Rd. to Michael H. Lynch for $807,000.

Oak Bluffs

Oct. 15, Patricia A. Wynn sold 17 Onondaga Ave. to William D. Schroeder, Jr. and Lynn J. Schroeder for $485,000.

Oct. 16, Nina Shapiro and Daniel E. Smith sold Unit 28, Island Country Club Condo, 2 Island Inn Rd., to Melinda M. and Robert B. Lock for $124,500.

Oct. 16, Tara M. Moore sold 69 Forest Ave. to Gary BenDavid for $160,000.

Oct. 16, Bonnie M. Parent, Claudia Ann Debettencourt and Anita Marie Ciancio sold 57 Kennebec Ave. to Tara Moore for $325,000.

Tisbury

Oct. 13, Elizabeth Porter Daane, trustee of EP Daane Living Trust, sold 22 West Sound Lane to Marcy G. Glenn, trustee of Marcy G. Glenn Revocable Trust, for $1,457,000.

Oct. 15, David Degregorio and Tammy Jardin sold 43 Mud Puddle Rd. to Casey Decker and Thomas C. Decker for $440,000.

Oct. 15, Richard B. and Elaine Renaud Pierce sold 51 Mariner Rd. to Geraldine A. Healey-Dame and Thomas M. Dame for $582,000.

Oct. 16, Harold G. and Eleanor A. Richardson sold 260 Lagoon Pond Rd. to Guillermo and Sharon Paganini for $836,500.

Oct. 16, James Bonomo, a/k/a James Bonamo, and Jennifer Bonomo, a/k/a Jennifer Bonamo, sold 40 Old Lighthouse Rd. to Stephen E. and Amy S. Benford for $380,000.

Oct. 16, Thomas W. Pachico sold Lot 4, High Point Lane to SBS Properties LLC for $325,000.

 

The post REAL ESTATE TRANSACTIONS: Oct. 12 – 16, 2015 appeared first on Martha's Vineyard Times.

Chilmark bylaw change aims to protect historic houses

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In an effort to preserve and protect historic houses, the Chilmark planning board is crafting a proposed amendment to the so-called “big house” bylaw that would allow property owners to exempt historic houses from any calculation of square footage when building a new house.

The designation is important under an amendment to the zoning bylaws approved in 2013 that set limits in relation to lot size on the allowable total living area of any new house built in Chilmark, and restricted the expansion of existing houses above a set threshold.

The zoning board of appeals (ZBA) is empowered to grant special permits to planned houses that exceed the thresholds, but only after considering a long list of criteria heavily weighted to consider visual and environmental impacts. The bylaw was the first of its kind on the Vineyard.

Under the proposed bylaw, a historic structure would not count in the calculation. The bylaw provides the following definition of a historic structure: Historic House means any one of the historic structures listed in the Appendix to the 1985 Chilmark Master Plan (as may be amended from time to time), which is classified as either Pre-Revolutionary or Federal and Greek Revival Eras to Civil War.

“Any house on that list will be exempt from the square-foot accounting,” former selectman Pam Goff said, “and so property owners can have that house for free, plus the square footage they want for their house. It is an incentive to keep the old houses standing and taken care of and loved.”

Any addition to a historic house completed after 1980 would not be considered as part of the historic house for calculation purposes.

“There are three interrelated provisions,” planning board committee member Joan Malkin told The Times, “but they all relate to one single principle, and that principle is designed to amend an existing bylaw that we affectionately call the ‘big house’ bylaw.”

“To give you an example,” said Ms. Malkin, who also sits on the Martha’s Vineyard Commission, “we have three-acre zoning for the most part in Chilmark, and if you had a three-acre plot of land you could build, without any special permissions, a 3,500-square-foot house — or a combination of structures that totaled 3,500 square feet.”

Ms. Malkin said the concern is that a property owner with a wonderful historic house in Chilmark who wanted to build a new 3,500-square-foot house on the property would be left with little choice but to tear the old structure down. “We thought that’s a shame, because the bylaw creates this inadvertent incentive to get rid of the historic house so that they could max out under the big house bylaw,” she said.

The planning board would like to eliminate the incentive. “The message to property owners is,” Ms. Malkin said, “You can build your 3,500, because all of that living space that is associated with that historic house — that doesn’t count.”

The zoning bylaw draft states, “The square footage of a Historic House shall be excluded from the Total Living Area if its inclusion would result in the Total Living Area exceeding the applicable limit.” In addition, a special permit will be required for any renovation, remodeling, or rebuilding that changes the exterior of the historic house.

The hope of the planning board is that a property owner would leave the historic house standing and then build a new house next to it.

The planning board would like property owners to restore historic homes, but they understand this is not for everyone.

Ms. Malkin said the expectation is that the property owners would want the dwellings on their land maintained and looking nice. “People take pride in their property,” said Ms. Malkin. “It is doubtful that someone would intentionally leave it there to take advantage of it and let it rot.”

No additional costs to property owners are anticipated. “I can’t foresee this having any cost impact,” Ms. Malkin said.

Ms. Goff agreed. “No, I don’t think there’s a financial burden,” she said. “We would assume that somebody would keep the house up, but if the house fell down, they would not get any benefit. It is really just a bonus for people who probably have the funds to build something.”

Another aspect of the proposed change is that the historic home could be counted as a guest house, even if it exceeds the 800-square-foot maximum allowed under the zoning regulations, assuming it meets the other requirements. This is a second incentive for property owners to restore the old home. “Or if it’s an addition,” Ms. Goff said, “the old part is free, and they can build a guest house somewhere else.”

The bylaw change originated with Ms. Goff, who approached the planning board and explained her reservations about the big house bylaw.

“It concerned me that someone who wanted more square feet would tear down an antique house to get it,” Ms. Goff said.

“We haven’t run across anyone who sought to demolish a historic home just so they could build a bigger house,” Ms. Malkin said, “but it could in the future, and because of the look and feel of the community — that of old houses — we didn’t want to find that the unintended consequence happened before we could say to someone, No, no, no, no, you don’t need to do that.”

Asked if she knew of any houses that had already been torn down that might have been saved, Ms. Goff said, “I don’t want to insult the people who did it, but we’ve had three go in the past seven or eight years. People will say the homes are too rotten to repair, but if you value it you can repair it.”

Ms. Goff summed up the goal. “If we save two or three, we think it’s worth it.”

Demolishing an old house is not quite straightforward. The Martha’s Vineyard Commission development of regional impact checklist now requires review of any plans to demolish any building over 100 years old.

A public hearing on the Chilmark draft amendment is scheduled for 4:30 pm, Monday, Oct. 26. Future changes are possible based on hearing comments and valid concerns.

The post Chilmark bylaw change aims to protect historic houses appeared first on Martha's Vineyard Times.


Real Estate Transactions: October 19 – 23, 2015

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Aquinnah

Oct. 22, Patricia A. Burgess sold 8 Jeffers Way to Ryan and Amy Crowley for $750,000.

Chilmark

Oct. 23, Joanne S. Hansen and Judith D. Graham sold 5 Lovey’s Cove Rd. to Lanny A. and Nancy Robinson Breuer for $2,750,000.

Edgartown

Oct. 19, Kirk A. Ainger sold 23 Earl Way to Kenneth B. Monahan for $60,000.

Oct. 20, Nationstar Mortgage LLC sold 74 18th Street South to Travis Pachico for $440,000.

Oct. 23, Timothy A. Wiegand sold 12 Saddle Club Rd. to Kraig and Ashley Mundt for $447,500.

Oct. 23, WMMV Real Estate LLC sold 1 Meshacket Wood Rd. to Mark D. O’Keefe and Maria Guadalupe Granda for $1,220,000.

Oak Bluffs

Oct. 21, Jonathan Simcik sold 2 Doar St. to Ryan P. Ruley and Kristine A. Cammorata for $705,000.

Oct. 23, Sterling H. Ivison, 3rd sold 24 Harrison Ave. to Paul and Gretchen Massey for $539,000.

Oct. 23, Sterling H. Ivison, 3rd sold 150 East Chop Drive to Paul and Gretchen Massey for $2,156,000.

Tisbury

Oct. 23, Marcy G. Glenn, trustee of the Marcy G. Glenn Revocable Trust, sold 30 Tashmoo Ave. to Ezra Borut and Lisa Ann Cintron for $699,000.

West Tisbury

Oct. 20, Christopher M. and Kana Hinds sold 41 Charles Neck Way to Joyce Blackburn for $562,800.

Oct. 23, David J. and Patricia J. Dwyer sold 38 Pine Lane to Russell G. and Kristen D. Lepine for $275,000.

Oct. 23, Beatrice S. Amaral sold 501 State Rd. to Larkin B. Reeves, trustee of the Larkin B. Reeves Family Trust, for $700,000.

 

 

The post Real Estate Transactions: October 19 – 23, 2015 appeared first on Martha's Vineyard Times.

Martha’s Vineyard Land Bank purchases 17 acres in Chilmark

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The Martha’s Vineyard Land Bank late Wednesday closed on a 17.1 acre parcel of land off the south side of Middle Road in Chilmark. The purchase price was $1,775,000 and the sellers were Oliver and Emily Rothschild.

James Lengyel, Land Bank executive director, said that the purchase met several Land Bank goals: It expanded an existing conservation reservation, made a direct trail link between two Land Bank properties, and may eventually be the site of a roadside pasture.

The property will provide a trail link between the Land Bank’s Fulling Mill Brook Preserve and Peaked Hill Reservation. In keeping with policy, a final management plan will emerge from a public hearing process, and is subject to approval by state environmental agencies.

 

The post Martha’s Vineyard Land Bank purchases 17 acres in Chilmark appeared first on Martha's Vineyard Times.

Real Estate Transactions: November 2 – 6, 2015

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Edgartown

Nov. 2, Jane E. Dooley sold 41 South Summer St. to Bradford L. and Aurora L. Holley for $2,875,000.

Nov. 2, Gary L. and Lois M. Towne sold 4 Hye Lane to DCD Group Cape LLC for $460,000.

Nov. 3, Sea Side Estates LLC sold 80A Oyster Pond Rd. to Ross Engelman for $1,206,675.

Nov. 3, Donald E. and Rosalie M. Stavens sold 88 The Boulevard to Owen R. and Darlene S. O’Neill for $750,000.

Nov. 6, Hob Knob Inn LLC sold 128 Main St. to VIC MV Hotel LLC for $4,900,000.

Nov. 6, Darla Meske-O’Brien, trustee of Darla Meske-O’Brien 2013 Revocable Trust, sold 8 Duncan Close to 8 Duncan Close LLC for $580,000.

Nov. 6, Patrick and Myra Gentile sold 55 Old Purchase Rd. to Alan G. Badey for $725,000.

Nov. 6, Prentice Bowsher sold 60 Slough Cove Rd. to 60 Slough LLC for $2,600,000.

Nov. 6, Louis Field Road LLC sold 26 Louis Field Rd. to Suzanne L. Conley, trustee of Suzanne L. Conley Amended & Restated Revocable Trust, for $1,089,000.

Nov. 6, Dorothy M. Mosko, trustee of Burris Family Martha’s Vineyard Nominee Trust, sold 10 Quampache Lane to Harry and Lianne Sinclair for $1,835,000.

Oak Bluffs

Nov. 2, Richard P. Merriam, trustee of the Richard P. Merriam Trust Agreement, sold Unit 48, 21 Island Inn Rd. to Wayne A. Marasco and Jennifer M. Brown for $135,000.

Nov. 3, Mary Ann Henninger, trustee of the Winemac House Realty Trust, sold 4 Winemack St. to Roger and Joan Groves for $349,000.

Nov. 6, Judith M. Bringola and Christine Rose sold 39 Lower Douglas Lane to Phaedra Bendavid and Kelli-Ann Stewart for $455,000.

Tisbury

Nov. 2, Wendy W. Luers, trustee of Wendy W. Luers 2012 Revocable Trust Agreement, sold 337 Main St. to Helen Jan Rosenfeld, trustee of the Helen Jan Rosenfeld Family Trust, for $1,100,000.

Nov. 5, Wayne H. and Peggy Anne Dickinson, a/k/a Peggy Anne O’Brien, sold 50 Lantern Lane to Jonathan and Kimberly Averill for $405,000.

West Tisbury

Nov. 2, Cornelius D. Flynn sold 34 Dr. Fisher Rd. to Elaine R. Barse and Christopher R. Egan for $730,000.

Nov. 4, Joyce M. Wright, trustee of Hilltop Farm Nominee Trust, sold 131 Merry Farm Rd. to Robert B. Massick and Michelle E. Borre Massick for $1,750,000.

Nov. 6, Gavin B. and Penny L. Franklin sold 200 Longview Rd. to Lawrence N. and Jennifer Garfield, trustees of 200 Longview Nominee Trust, for $790,000.

The post Real Estate Transactions: November 2 – 6, 2015 appeared first on Martha's Vineyard Times.

Real Estate Transactions: November 9 – 13, 2015

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Chilmark

Nov. 10, Deborah A. Searle, Pamela Cossio-Zimmer, Arlene Hinckley, and Wendy Winner sold 5 Hewing Field to Ryan and Kaitlyn Kurth for $533,927.

Edgartown

Nov. 9, Elizabeth C. Chadwick, Frances C. Edwards, and Doris C. Cameron, f/k/a Doris C. Burr, sold 5 Edgartown Bay Rd. to James F. Reynolds, trustee of Outer Banks Nominee Trust for $2,400,000.

Nov. 9, Chris A. McWilton sold 12 Bold Meadow Lane to Daniel S. and Sarra Reale for $870,000.

Nov. 10, John H. Adams, trustee of the Juanita B. Vickers Living Trust, sold 11 Quammox Rd. to David S. and Patricia S. Slater for $580,000.

Nov. 10, John H. Adams, trustee of the Juanita B. Vickers Living Trust, sold 343 Chappaquiddick Rd. to Joseph M. and Morgan O. Coffey for $375,000.

Nov. 12, Marc A. Crisafulli sold 15 Thaxter Lane to Justin and Monica Shaner for $1,750,000.

Oak Bluffs

Nov. 10, Albert Alexander, trustee of the Albert C. Alexander Revocable Living Trust, and Gloria Alexander, trustee of the Gloria Alexander Revocable Living Trust, sold 4 Pall Mall to Lee Kyriacou and Elizabeth A. Barrett for $1,375,000.

Nov. 10, Ralph M. and Patricia T. Harris sold 3 Mayhew Way to Edward J. and Cynthia A. Olivier for $755,000.

Nov. 13, Corey Kupersmith and Ronald I. Chorches, trustee of the bankruptcy estate of Corey Kupersmith, sold lots 3 and 8 Paddock Rd. off County Rd. to NLP Finance LLC for $400,000.

Nov. 13, Corey Kupersmith as President, Assistant Secretary, Sole Director and Sole Shareholder of Farlap Development Corporation, and Ronald I. Chorches, trustee of the bankruptcy estate of Corey Kupersmith, sold “Open Space 2”, Woodlands Dr. and Paddock Rd. to NLP Finance LLC for $100,000.

Nov. 13, Suzanne Metell sold 5 Marvin Ave. to Naida M. Davidson for $507,500.

Nov. 13, Geoghan E. Coogan, trustee of 184 Circuit Ave. Nominee Trust, 182 Circuit Ave. Nominee Trust and Gingerbread MV LLC, sold 85 Circuit Ave. to Very Lamb One LLC for $675,000.

Tisbury

Nov. 10, Louis W. Piacentini sold 60 Beach Rd. Unit 233 to Karen and Harold Bridges for $55,000.

 

The post Real Estate Transactions: November 9 – 13, 2015 appeared first on Martha's Vineyard Times.

Real Estate Transactions: November 23–27, 2015

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Chilmark

Nov. 24, Cecily P. Dreyer, individually and trustee, and Elizabeth Dreyer and Michael S. Dreyer, trustees, Albert S. Dreyer Family Trust, sold 134 South Rd. to Norman L. Perry, trustee, Norman L. Perry Revocable Trust, and Mary Louise Perry, trustee, Mary Louise Perry Revocable Trust, for $740,000.

Edgartown

Nov. 24, Robert William Lyman sold 11 13th St. South to Carrie-Lynn Whitney for $3,000.

Nov. 24, Elias Family LP sold 109 Herring Creek Rd. to Shady Lane South LLC for $1,275,000.

Nov. 24, Evelyn F. Macomber sold Unit 2 Triangle Condo, Beach Road, to Sebastian M. Pattavina and Susan M. McSweeney, trustees, Triangle 2 Realty Trust, for $350,000.

Nov. 25, James J. and Barbara Camille Colantonio sold 4 Pamela Way to John C. Cavanaro for $500,000.

Nov. 25, Scott Cummings Nicol and Sarah Caledonia sold 19 Navy Way to Kevin D. Orr and Donna M. Neale for $2,350,000.

Oak Bluffs

Nov. 23, Suzanne D. Collard sold 10 Ploughshare Lane to Evan Terrance Booker for $580,000.

Nov. 25, Barbara C. Conkling and Susan K. Cole sold 50 Brush Pond Rd. to Primo A. and Mary D. Lombardi for $630,000.

Tisbury

Nov. 24, Anne Taliaferro Smith, Austin W. Smith, and Catesby T. Gross, f/k/a Catesby T. Smith, sold 10 Goff Rd. to Joseph Fisher, trustee, Hansjoerg Wyss 2014 Revocable Trust, for $4,150,000.

Nov. 24, Bank of New York Mellon, f/k/a Bank of New York, as agent for Donald E. Barrett, sold by foreclosure deed 25 Summer St. to Bank of New York Mellon, trustee for First Horizon Alternative Mortgage Securities Trust, for $285,000.

West Tisbury

Nov. 24, Normal L. Perry, individually and trustee, Normal L. Perry Revocable Trust, and Mary Louise Perry, individually and trustee, Mary Louise Perry Revocable Trust, sold 12 Pond Lane to Maydal LLC for $1,555,000.

The post Real Estate Transactions: November 23–27, 2015 appeared first on Martha's Vineyard Times.

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