$550,000
$100K PRICE DROP

54 Sherwood Dr Westerly, RI 02891

Estimated payment $3,241/month

Total Views 25,420
3 Beds
2.5 Baths
3,744 Sq Ft
$147 Price per Sq Ft

Highlights

  • Marina
  • Wooded Lot
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • 4 Car Attached Garage

About This Home

Spacious 3-bedroom, 2.5-bath Colonial in a sought-after Westerly neighborhood just minutes from the beach! Offering just under 2,400 sq ft of living space, this home features a welcoming entry way a spacious living room and dining room and fireplaced family room. This home would be perfect for entertaining. The generously sized bedrooms are also a plus. The full walkout basement provides excellent potential for finishing, and the attached 2-car garage adds convenience and storage. While the home is in need of updates, it presents a wonderful opportunity to bring your vision to life in a fantastic coastal setting. Nestled in a community close to Westerly's beaches, shops, dining, and recreation, this property combines size, location, and potential ready for its next chapter!

Listing Agent

Cary Marcoux

Re/Max Bell Park License #REB.0016313 Listed on: 09/30/2025

Re/Max Bell Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1985

Lot Details

  • 0.77 Acre Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 54SHERWOODDRWEST

Community Details

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,204

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Above Grade Finished Sq Ft: 2592.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1152.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Stall Shower, Tub Shower
  • Living Area: 3744.0
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33541.0
  • Parcel #: 54SHERWOODDRWEST
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 4204.0
  • Tax Lot: 15
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,204 $591,300 $234,600 $356,700
2024 $4,276 $435,900 $152,800 $283,100
2023 $4,193 $435,900 $152,800 $283,100
2022 $4,167 $435,900 $152,800 $283,100
2021 $4,095 $355,500 $133,400 $222,100
2020 $4,021 $355,500 $133,400 $222,100
2019 $3,982 $355,500 $133,400 $222,100
2018 $3,616 $304,400 $123,200 $181,200
2017 $3,528 $304,400 $123,200 $181,200
2016 $3,555 $304,400 $123,200 $181,200
2015 $3,359 $310,400 $136,100 $174,300
2014 $2,944 $310,400 $136,100 $174,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Price Changed $550,000 -4.3% $147 / Sq Ft
10/20/2025 10/20/25 Price Changed $575,000 -11.5% $154 / Sq Ft
09/30/2025 09/30/25 For Sale $649,900 -- $174 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $25,000 Credit Line Revolving
Closed $10,000 No Value Available
Open $225,000 No Value Available
Closed $125,000 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1396515

State-Wide MLS

APN: WEST-000120-000015