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7 Compass Way

Westerly, RI 02891

1 bd 2 ba 1,228 sqft Built 2018 condo
Most recent sale
$450,000
May 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2025 Sold $710,000 Public Record
Nov 15, 2023 Sold $575,000 StateWide
Jun 15, 2022 Price changed $535,000 MLS #1302527
May 28, 2022 Price changed $579,900 MLS #1302527
May 27, 2022 Price changed $479,900 MLS #1302527
Feb 5, 2022 Listed $595,000 MLS #1302527
May 17, 2021 Sold $450,000 MLS #1261120
Jan 28, 2021 Price changed $459,900 MLS #1261120
Oct 30, 2020 Price changed $465,000 MLS #1261120
Aug 19, 2020 Listed $499,000 MLS #1261120
Mar 5, 2019 Listing removed $429,000 StateWide
Mar 4, 2019 Sold $432,050 MLS #1137042
Nov 17, 2017 Price changed $429,000 MLS #1137042
Sep 15, 2016 Listed $429,000 MLS #1137042
Sep 4, 2016 Listing removed $429,000 StateWide
Aug 5, 2016 Price changed $429,000 MLS #1114327
Dec 15, 2015 Listed $468,000 MLS #1114327

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $666,700 $666,700 $5,187
2023 $430,200 $430,200 $4,371
2022 $430,200 $430,200 $4,345
2021 $435,400 $435,400 $5,251
2020 $435,400 $435,400 $5,159
2019 $435,400 $435,400 $5,112

Property facts

Year built
2018
Property type
condo
Stories
1
Beds
1
Baths
2
Living area
1,228 sqft
Lot size
ZIP code
02891
City
Westerly
Street
Compass Way
Coordinates
41.33334, -71.80678

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
$1,842
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 7 Compass Way last sell?
7 Compass Way most recently sold on May 17, 2021 for $450,000.
What is the current tax assessment for 7 Compass Way?
The most recent total assessment for 7 Compass Way (year 2025) is $666,700 with $5,187 in property tax.
How does 7 Compass Way's assessment compare to its last sale price?
The current assessment is 48.2% above the last sale price of $450,000.
When was 7 Compass Way built?
7 Compass Way was built in 2018.
How does 7 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 7 Compass Way?
7 Compass Way is a 1 bed, 2 bath, 1,228 sqft condo.
Is 7 Compass Way a flip candidate?
Yes — 7 Compass Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7 Compass Way a tax-appeal candidate?
No — 7 Compass 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
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$1.08M
2026 Q4
$1.08M
ZIP 02891 — Median Price History + Forecast

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