5 Compass Way
Westerly, RI 02891
2 bd 3 ba 1,953 sqft Built 2013 condos
Most recent sale
$1,165,000
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 25, 2022 | Sold | $1,165,000 | MLS #1300952 |
| Jan 7, 2022 | Listed | $1,225,000 | MLS #1300952 |
| Oct 12, 2018 | Sold | $887,000 | MLS #1194520 |
| Jul 22, 2018 | Price changed | $899,000 | MLS #1194520 |
| Jun 8, 2018 | Listed | $995,000 | MLS #1194520 |
| Jun 1, 2018 | Listing removed | $1,050,000 | StateWide |
| May 26, 2018 | Price changed | $1,050,000 | MLS #1178461 |
| Nov 27, 2017 | Listed | $1,250,000 | MLS #1178461 |
| Apr 8, 2016 | Sold | $722,485 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,242,300 | — | $1,242,300 | $9,665 |
| 2023 | $1,121,900 | — | $1,121,900 | $11,399 |
| 2022 | $1,121,900 | — | $1,121,900 | $11,331 |
| 2021 | $975,800 | — | $975,800 | $11,768 |
| 2020 | $975,800 | — | $975,800 | $11,563 |
| 2019 | $975,800 | — | $975,800 | $11,456 |
| 2018 | $711,600 | — | $711,600 | $8,788 |
| 2017 | $711,600 | — | $711,600 | $8,539 |
| 2016 | $594,600 | — | $594,600 | $7,135 |
| 2015 | $301,200 | — | $301,200 | $3,382 |
| 2014 | $25,000 | — | $25,000 | $276 |
Property facts
Year built
2013
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,953 sqft
Lot size
—
ZIP code
02891
City
Westerly
Street
Compass Way
Coordinates
41.33383, -71.80668
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
$6,990
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 Feb 25, 2022 for $1,165,000.
What is the current tax assessment for 5 Compass Way?
The most recent total assessment for 5 Compass Way (year 2025) is $1,242,300 with $9,665 in property tax.
How does 5 Compass Way's assessment compare to its last sale price?
The current assessment is 6.6% above the last sale price of $1,165,000.
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, 3 bath, 1,953 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