Sale of Town Properties Update
Posted on: May 27, 2025 - 3:57pm
Recently the Town has sold two properties, which have been listed under sales for the Town of Bristol in the local newspapers.
The sales listing in the newspapers indicated sale prices that were not accurate. Prices in that section of the newspaper are based upon the transfer tax calculated by the Registry of Deeds. However, the Town of Bristol is exempt from paying half of the transfer tax. Therefore, the tax stamp listed was only calculated based upon half the costs.
Below are the two properties sold and the correct sale prices:
- 70 Merrimack St - $70,001
- 85 Lake St - $555,555
If you should have any questions please don't hesitate to contact the Town.