1 Thompson Avenue

Closed 10/30/20
Closed 10/30/20
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Sold
Last Sold Price
$260,500
2 beds2,604 sqft

1 Thompson Ave, Westerly, RI 02891

Multi FamilyProperty Type
0.19 acresLot Size
1915Year Built
$100/sq ftPrice per sq ft
2 carsParking Spaces

Description

Located a short distance from Downtown Westerly, this well maintained two family offers two, one bedroom apartments each with one bath. Each unit has separate utilities and makes renting easy. Current updates include: carpet throughout, paint and new light fixtures on the second level.Located a short distance from Downtown Westerly, this well maintained two family offers two, one bedroom apartments each with one bath. Each unit has separate utilities and makes renting easy. Current updates include: carpet throughout, paint and new light fixtures on the second level.
  • Listed by: Lauren Nigrelli 401.742.5570 lauren@randallrealtors.com Brokerage DRE #REB.0015862 • Randall, REALTORS
  • Listed by: Dottie Nigrelli 401.258.7684 dottie@randallrealtors.com • Randall, REALTORS
Listing closed: 10/30/2020 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1263084
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Recent comparable sales

Median sold price

$350,000

Avg days on market

15

Sale-to-list ratio

100.5%

Westerly, RI

9 comparable properties found

$360,000 | 54 John Street, Westerly, RI 02891
1/24
1

$360,000

Sold 11/12/24

2
Bedrooms
1,546
Square Feet
0.38
Acres

54 John Street, Westerly, RI 02891

$350,000 | 52 Spruce Street, Westerly, RI 02891
1/12
2

$350,000

Sold 03/03/26

3
Bedrooms
3,052
Square Feet
0.21
Acres

52 Spruce Street, Westerly, RI 02891

$660,000 | 16 Boiling Spring Avenue, Westerly, RI 02891
1/21
3

$660,000

Sold 01/29/26

2
Bedrooms
2,408
Square Feet
0.54
Acres

16 Boiling Spring Avenue, Westerly, RI 02891

$279,000 | 140 High Street, Unit 310, Westerly, RI 02891
1/24
4

$279,000

Sold 12/12/24

2
Bedrooms
740
Square Feet
Unavailable
Acres

140 High Street, Unit 310, Westerly, RI 02891

$278,000 | 140 High Street, Unit 108, Westerly, RI 02891
1/18
5

$278,000

Sold 06/06/25

2
Bedrooms
877
Square Feet
Unavailable
Acres

140 High Street, Unit 108, Westerly, RI 02891

$470,000 | 58 Beach Street, Westerly, RI 02891
1/2
6

$470,000

Sold 10/14/25

2
Bedrooms
1,152
Square Feet
0.17
Acres

58 Beach Street, Westerly, RI 02891

$268,600 | 71 Pierce Street, Westerly, RI 02891
1/2
7

$268,600

Sold 04/15/25

6
Bedrooms
2,194
Square Feet
0.14
Acres

71 Pierce Street, Westerly, RI 02891

$315,000 | 19 Crestview Drive, Unit C, Westerly, RI 02891
1/35
8

$315,000

Sold 05/01/26

2
Bedrooms
1,404
Square Feet
Unavailable
Acres

19 Crestview Drive, Unit C, Westerly, RI 02891

$485,000 | 37 Post Road, Westerly, RI 02891
1/43
9

$485,000

Sold 09/16/25

2
Bedrooms
2,156
Square Feet
0.33
Acres

37 Post Road, Westerly, RI 02891

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$1,607 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,391

Property Taxes

$216

HOA Dues

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Property Information for 1 Thompson Avenue

Property Details

  • Taxes: $2,593 / year
  • MLS Type: Residential Income / Multi Family
  • County: Washington County
  • Subdivision Name: Tower Street Area

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1915
  • Lot Size: 0.19 AC / 8,400 SF

Summary

Location and General Information
  • City: Westerly
  • Postal City: Westerly
  • Postal Code: 02891
  • State Or Province: RI
  • Zoning: R6
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $2,593.00
  • Tax Assessed Value: 220900
  • Tax Lot: 206
  • Tax Year: 2019
Virtual Tour

Property

Lot Information
  • Above Grade Fin SQFT: 2604.0
  • Building Area Total: 2604.0
  • Frontage Length: 60
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1928
  • Lot Size Area: 8400.0
  • Lot Size Square Feet: 8400.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 1THOMPSONAVWEST
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1915
  • C L I P: 2,449,665,845
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Interior and Exterior Features

Exterior Features
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Crawl Space, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Laminate
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Laundry Features: Common Area
  • Rooms Total: 6

Multi Family

Income & Expenses Information
  • Operating Expense: $4,232.00
Unit 1 Information
  • Actual Rent: $800.00
  • Description: Tenant Pays Utilities
  • Unit Type Area: 704.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $800.00
  • Description: Tenant Pays Utilities
  • Unit Type Area: 704.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0

Rental

Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 1 Thompson Avenue

DateEvent & SourcePriceAppreciation
Oct 30, 2020

Sold

Rhode Island Association of REALTORS® #1263084

$260,500—
Oct 27, 2020

Sold (Public Record)

Public Record #682318087

$260,500

+1.3% / yr

Sep 9, 2020

Contract Signed

Rhode Island Association of REALTORS® #1263084

—
DateEvent & SourcePrice
10/30/2020

Sold

Rhode Island Association of REALTORS® #1263084

$260,500
10/27/2020

Sold (Public Record)

Public Record #682318087

$260,500

+1.3% / yr

09/09/2020

Contract Signed

Rhode Island Association of REALTORS® #1263084

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1 Thompson Avenue

Baths

2

Total Finished SqFt

1,408 SqFt

Above Grade Finished SqFt

1,408 SqFt

Stories

2

Lot Size

8,614 SqFt

Style

Duplex

Schools near 1 Thompson Avenue

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
State Street School
Public - K to 4
Westerly Middle School
Public - 5 to 8
Westerly High School
Public - 9 to 12
Springbrook Elementary School
Public - K to 4
Rating
School
Distance
State Street School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Springbrook Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1 Thompson Avenue, Westerly, RI 02891
$260,500
2
2,604
8,400
3 Thompson Avenue, Westerly, RI 02891
$216,000
4
1,661
9,147
57 Tower Street, Westerly, RI 02891
$280,000
3
1,304
9,485
63 Tower Street, Westerly, RI 02891
–
–
3.5
2,874
13,405
2 Thompson Avenue, Westerly, RI 02891
$399,500
2
1,850
10,019
6 Joshua Street, Westerly, RI 02891
$108,000
4
1.5
1,800
12,970

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Listing Courtesy of Randall, REALTORS

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.