NOT LISTED FOR SALE

282 Thames St Bristol, RI 02809

Downtown Bristol Neighborhood

Estimated Value: $847,000 - $940,000

5 Beds
3 Baths
2,676 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 26, 2025

Last sale price $850,000 $318 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,415/month

3 Days on Market

Highlights

  • Marina
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Recreation Facilities
  • 3-minute walk to Independence Park

About This Home

As of February 2025

Prime Location and what a great opprtunity to own on coveted Thames Street. Nestled in the heart of historic downtown Bristol, this exceptional three-family home offers a great place to call home while eaning rental income or can be an immediate investor's dream. Featuring two spacious first-floor units and a second-floor unit, with the possibility of a townhouse unit via expansion into the attic. Elegant hardwood floors enhance the charm of this beauty. Enjoy a newer roof, separate mechanicals/water, maintenance free exterior, spacious yard, peanty of off-street parking(which is rare), an oversized two-car garage, and numerous mechanical upgrades. Best of all, you're just steps away from everything vibrant downtown Bristol has to offer. The waterfront is across street from this property and just steps away from Independence Park, local restaurants, live music and local shops. This property is a true gem! No flood insurance required.

Last Agent to Sell the Property

Deb Cordeiro-Guyette

Harborside Realty License #REB.0016268 Listed on: 11/12/2024

Last Buyer's Agent

Cornelia Murphy

Harborside Realty License #RES.0046391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,345

Year Built

  • Built in 1860

Lot Details

  • 6,534

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 2,676 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry in unit
  • Permanent Attic Stairs

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 282THAMESSTBRIS

Community Details

Overview

  • 3 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,345

Year Built

Built in 1860

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 2676.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1860
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Attic, Permanent Attic Stairs, Storage, Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 282THAMESSTBRIS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7345.0
  • Tax Lot: 43
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Feb 20, 2025
Sold by
Garvin Jr George E Est and Galvin
Bought by
Federal Properties Of Inc
Seller's Agent
Deb Cordeiro-Guyette
Harborside Realty
Buyer's Agent
Cornelia Murphy
Harborside Realty
List Price
$850,000
Sold Price
$850,000
Views
5
Current Estimated Value
$898,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,777
Avg. Annual Appreciation
5.30%
Original Mortgage
$626,250
Outstanding Balance
$622,622
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,155

Purchase Details

Closed on
Aug 29, 2017
Sold by
Proto Susan L
Bought by
Garvin Gail and Garvin George E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Federal Properties Of Inc $850,000 None Available
Federal Properties Of Inc $850,000 None Available
Garvin Gail -- --
Garvin Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federal Properties Of Inc $626,250
Closed Federal Properties Of Inc $626,250
Previous Owner Garvin Gail $125,000
Previous Owner Garvin Gail $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $850,000 0.0% $318 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $850,000 -- $318 / Sq Ft
Source: State-Wide MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,345 $531,500 $217,000 $314,500
2024 $7,345 $531,500 $217,000 $314,500
2023 $7,101 $531,500 $217,000 $314,500
2022 $6,910 $531,500 $217,000 $314,500
2021 $6,278 $436,600 $208,400 $228,200
2020 $6,143 $436,600 $208,400 $228,200
2019 $5,990 $436,600 $208,400 $228,200
2018 $6,101 $396,700 $181,600 $215,100
2017 $5,494 $368,200 $167,100 $201,100
2016 $5,438 $368,200 $167,100 $201,100
2015 $5,166 $368,200 $167,100 $201,100
2014 $5,083 $389,210 $216,000 $173,210
Source: Public Records

Agents Affiliated with this Home

  • Deb Cordeiro-Guyette

    Seller's Agent in 2025

    Deb Cordeiro-Guyette

    Harborside Realty

    (401) 640-1825

    12 in this area

    142 Total Sales

    Deb Cordeiro-Guyette
    Section Image

  • C

    Buyer's Agent in 2025

    Cornelia Murphy

    Harborside Realty

    (401) 636-1517

    4 in this area

    12 Total Sales

    Cornelia Murphy
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1372770

State-Wide MLS

APN: BRIS-000009-000000-000043

Rhode Island Bristol County Bristol 02809 Downtown Bristol

282 Thames St, Bristol, RI

Not Listed for Sale

MultiFamily

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