real estate: Nantucket property transfers - March 29, 2007 - 04/05/07 05:55 AM
The following property transfers were recorded in the  Registry of Deeds through Thursday, March 29, 2007:
1. Warren W. Hill to Steven P. and Victoria P. Lombardo: 21R Madaket Road, $2,700,000
2. Elizabeth F. Murphy, as Trustee of Collins-Match Nominee Trust, to Eugene D. Hill: 80 Polpis Road, $2,100,000
3. Jonathan Ames to William Marshall and Tracey C. Marshall: 14 Plover Lane, $1,950,000
4. Carol A. Thornton to Ric Calvillo: 37 Quaise Road, $1,925,000
5. Peter H. Dodson, as Trustee of 95 Squam Road Realty Trust, to Peter H. Dodson, as Trustee of The 95 Squam Road Qualified Personal Residence Trust: 95 Squam Road, $1,555,620
6. 36 … (0 comments)

real estate: The future of the Muse (Nantucket)? - 04/03/07 08:09 AM
So I just got back from the open house for the Muse and it is a very interesting situation.  The Muse nightclub is being offered for sale along with a duplex and another 'dormitory' outbuilding...
Will someone come along and buy the Muse and continue running it as a nightclub?  If so, who is going to pony up $7,000,000 to do so? 
Will someone come along and demo it and develop the land? (I was told it could yield up to 6 lots)
My favorite option, so far, is for someone to come along and develop the property into affordable housing units...
 
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real estate: The problems with Zillow, their Zestimates, and why you need an agent now more than ever - 03/31/07 07:04 AM
I started using Zillow just about as soon as it launched and there really should be a disclaimer along the lines of "For entertainment purposes only". 
There are at least three major problems with Zillow as I see it:
1.  Zillow only uses public information which is not always (read: more often times) NOT completely accurate;
and
2.  Zillow is a COMPUTER company that relies on their COMPUTERS to aggregate information and numbers and then throws them into a "proprietary" formula, without considering the myriad other factors that make up a property's true value;
and
3.  As a result of this potentially faulty information, owners, buyers, agents and whomever else is using … (1 comments)

 

Brian-Logan Reid

Former Associate Broker, Realtor

Nantucket, MA

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