5 Compass Way
Westerly, RI 02891
2 bd 2 ba 1,856 sqft Built 2013 condos
Most recent sale
$992,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 26, 2024 | Sold | $990,000 | StateWide |
| Feb 7, 2024 | Listed | $1,100,000 | StateWide |
| Oct 19, 2022 | Listing removed | — | StateWide |
| Oct 17, 2022 | Sold | $992,000 | MLS #1317735 |
| Aug 12, 2022 | Listed | $990,000 | MLS #1317735 |
| Dec 27, 2019 | Sold | $749,000 | MLS #1241005 |
| Nov 12, 2019 | Listed | $749,000 | MLS #1241005 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $821,300 | — | $821,300 | $6,390 |
| 2023 | $642,000 | — | $642,000 | $6,523 |
| 2022 | $642,000 | — | $642,000 | $6,484 |
| 2021 | $655,800 | — | $655,800 | $7,909 |
| 2020 | $655,800 | — | $655,800 | $7,771 |
| 2019 | $655,800 | — | $655,800 | $7,699 |
| 2018 | $635,200 | — | $635,200 | $7,845 |
| 2017 | $635,200 | — | $635,200 | $7,622 |
| 2016 | $573,700 | — | $573,700 | $6,884 |
| 2015 | $250,500 | — | $250,500 | $2,813 |
| 2014 | $25,000 | — | $25,000 | $276 |
Property facts
Year built
2013
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,856 sqft
Lot size
—
ZIP code
02891
City
Westerly
Street
Compass Way
Coordinates
41.33383, -71.80669
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
$5,952
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Compass Way last sell?
5 Compass Way most recently sold on Oct 17, 2022 for $992,000.
What is the current tax assessment for 5 Compass Way?
The most recent total assessment for 5 Compass Way (year 2025) is $821,300 with $6,390 in property tax.
How does 5 Compass Way's assessment compare to its last sale price?
The current assessment is 17.2% below the last sale price of $992,000.
When was 5 Compass Way built?
5 Compass Way was built in 2013.
How does 5 Compass Way compare to others on Compass Way?
We track 8 other properties on Compass Way. Browse the list under "Other properties on Compass Way" to compare beds, baths, and sale history.
What are the property facts for 5 Compass Way?
5 Compass Way is a 2 bed, 2 bath, 1,856 sqft condos.
Is 5 Compass Way a flip candidate?
No — 5 Compass Way does not appear in our flips dataset.
Is 5 Compass Way a tax-appeal candidate?
No — 5 Compass Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$1.08M
2026 Q4
$1.08M
ZIP 02891 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Compass Way