56 Sherman Ave
Lincoln, RI 02865
3 bd 3 ba 2,604 sqft Built 1966 Lot 52,272 sqft single_family
Most recent sale
$465,000
Jan 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 12, 2022 | Sold | $465,000 | MLS #1298223 |
| Oct 12, 2021 | Listed | $460,000 | MLS #1296040 |
| Sep 23, 2021 | Listed | $475,000 | MLS #1294477 |
| Aug 27, 2021 | Price changed | $484,900 | MLS #1290158 |
| Aug 15, 2021 | Price changed | $485,000 | MLS #1290158 |
| Aug 4, 2021 | Listed | $499,900 | MLS #1290158 |
| Jul 22, 2021 | Price changed | $499,000 | MLS #1286608 |
| Jul 9, 2021 | Price changed | $519,000 | MLS #1286608 |
| Jun 24, 2021 | Listed | $549,000 | MLS #1286608 |
| Feb 5, 2021 | Sold | $245,000 | MLS #1269193 |
| Nov 11, 2020 | Price changed | $284,900 | MLS #1269193 |
| Nov 4, 2020 | Listed | $299,900 | MLS #1269193 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $349,200 | $220,100 | $569,300 | $7,697 |
| 2023 | $287,300 | $169,800 | $457,100 | $7,538 |
| 2022 | $287,300 | $169,800 | $457,100 | $7,519 |
| 2021 | $137,000 | $109,200 | $246,200 | $4,995 |
| 2020 | $137,000 | $109,200 | $246,200 | $4,958 |
| 2018 | $122,900 | $109,200 | $232,100 | $5,187 |
| 2017 | $122,900 | $109,200 | $232,100 | $5,083 |
| 2016 | $122,900 | $109,200 | $232,100 | $5,013 |
| 2015 | $92,800 | $99,300 | $192,100 | $4,520 |
| 2014 | $92,800 | $99,300 | $192,100 | $4,528 |
| 2013 | $92,800 | $99,300 | $192,100 | $4,512 |
| 2006 | $129,600 | $119,400 | $249,000 | $4,853 |
Property facts
Year built
1966
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,604 sqft
Lot size
52,272 sqft
ZIP code
02865
City
Lincoln
Street
Sherman Ave
Coordinates
41.92166, -71.45288
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,906
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value
—
Frequently asked questions
When did 56 Sherman Ave last sell?
56 Sherman Ave most recently sold on Jan 12, 2022 for $465,000.
What is the current tax assessment for 56 Sherman Ave?
The most recent total assessment for 56 Sherman Ave (year 2025) is $569,300 with $7,697 in property tax.
How does 56 Sherman Ave's assessment compare to its last sale price?
The current assessment is 22.4% above the last sale price of $465,000.
When was 56 Sherman Ave built?
56 Sherman Ave was built in 1966.
How does 56 Sherman Ave compare to others on Sherman Ave?
We track 8 other properties on Sherman Ave. Browse the list under "Other properties on Sherman Ave" to compare beds, baths, and sale history.
What are the property facts for 56 Sherman Ave?
56 Sherman Ave is a 3 bed, 3 bath, 2,604 sqft, 52,272 sqft lot single_family.
Is 56 Sherman Ave a flip candidate?
Yes — 56 Sherman Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 56 Sherman Ave a tax-appeal candidate?
Yes — 56 Sherman Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.8%
2026 Q3
$559.4K
2026 Q4
$552.1K
ZIP 02865 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Sherman Ave