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115 Preservation Way

South Kingstown, RI 02879

2 bd 3 ba 2,639 sqft Built 2005 condos
Most recent sale
$700,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $700,000 MLS #1313096
Jun 16, 2022 Listed $650,000 MLS #1313096
Jun 22, 2006 Sold $500,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $690,200 $690,200 $6,170
2023 $551,200 $551,200 $6,091
2022 $551,200 $551,200 $6,036
2021 $435,400 $435,400 $6,292
2020 $435,400 $435,400 $6,292
2019 $435,400 $435,400 $6,292
2018 $419,200 $419,200 $6,573
2017 $419,200 $419,200 $6,418
2016 $419,200 $419,200 $6,326
2015 $370,000 $370,000 $5,742
2014 $370,000 $370,000 $5,728
2013 $370,000 $370,000 $5,724
2006 $90,200 $90,200 $1,231

Property facts

Year built
2005
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
2,639 sqft
Lot size
ZIP code
02879
City
South Kingstown
Street
Preservation Way
Coordinates
41.45666, -71.47474

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,959
Gross rental yield
6.79%
Implied cap rate
4.41%
Trend-extrapolated value

Frequently asked questions

When did 115 Preservation Way last sell?
115 Preservation Way most recently sold on Aug 3, 2022 for $700,000.
What is the current tax assessment for 115 Preservation Way?
The most recent total assessment for 115 Preservation Way (year 2025) is $690,200 with $6,170 in property tax.
How does 115 Preservation Way's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $700,000.
When was 115 Preservation Way built?
115 Preservation Way was built in 2005.
How does 115 Preservation Way compare to others on Preservation Way?
We track 8 other properties on Preservation Way. Browse the list under "Other properties on Preservation Way" to compare beds, baths, and sale history.
What are the property facts for 115 Preservation Way?
115 Preservation Way is a 2 bed, 3 bath, 2,639 sqft condos.
Is 115 Preservation Way a flip candidate?
No — 115 Preservation Way does not appear in our flips dataset.
Is 115 Preservation Way a tax-appeal candidate?
No — 115 Preservation Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.3%
Implied 1-yr
+25.3%
2026 Q3
$1.12M
2026 Q4
$1.17M
ZIP 02879 — Median Price History + Forecast

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