54 Sherwood Dr Westerly, RI 02891
Estimated payment $3,241/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
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: State-Wide MLS
MLS Number: 1396515
APN: WEST-000120-000015
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