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5 Nichols Ln; Westerly, RI Property Details

5 Nichols Ln, Westerly, RI is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 5 Nichols Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,818 square feet. The lot size of 5 Nichols Ln is 15,000 square feet.

Off market
5 Nichols Ln Westerly, RI 02891
$472,100 Estimated Value
3 Beds
2 Baths
1,818 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $142,753
  • Est. Equity / %: $331,247 / 69.88%
  • Gross Yield: 6.985%
  • APN: WEST M:18 B:112
  • Situs County: Washington
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,818/SqFt
  • Lot: 15,000/SqFt
  • Gross: 4,270/SqFt
  • Living: 1,818/SqFt
  • Building: 1,818/SqFt
  • Price Per Square Foot: $88.01
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Westerly School District
  • Lat / Lon: 41.400784 / -71.819374
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 1308
  • Cooling: Yes
  • Heating: Hot Water

Ownership Info

5 Nichols Ln has no associated ownership info
5 Nichols Ln has no associated ownership info.

Taxes

5 Nichols Ln has 7 associated Taxes items

5 Nichols Ln, Westerly, RI pays taxes in Washington County, RI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $472,100. The APN we've located for 5 Nichols Ln is WEST M:18 B:112.

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Taxes
  • Assessed Value:  $472,100
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  WEST M:18 B:112
  • Assessed Land Value:  164700
  • Tax Amount:  3673
  • Tax Year:  2025

Tax History

5 Nichols Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $472,100 Land Value $164,700 Improvement Value $307,400 Tax Amount $3,673 Change Rate +0.002183% Assessed CR Tax Rate +0.00778%
Year 2024 Assessed Value $350,700 Land Value $117,600 Improvement Value $233,100 Tax Amount $3,665 Change Rate +0.028628% Assessed CR Tax Rate +0.010451%
Year 2023 Assessed Value $350,700 Land Value $117,600 Improvement Value $233,100 Tax Amount $3,563 Change Rate +0.005929% Assessed CR Tax Rate +0.01016%
Year 2022 Assessed Value $350,700 Land Value $117,600 Improvement Value $233,100 Tax Amount $3,542 Change Rate +0.038101% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $282,900 Land Value $102,300 Improvement Value $180,600 Tax Amount $3,412 Change Rate +0.0179% Assessed CR Tax Rate +0.012061%
Year 2020 Assessed Value $282,900 Land Value $102,300 Improvement Value $180,600 Tax Amount $3,352 Change Rate +0.009259% Assessed CR Tax Rate +0.011849%
Year 2019 Assessed Value $282,900 Land Value $102,300 Improvement Value $180,600 Tax Amount $3,321.25 Change Rate +0.076528% Assessed CR Tax Rate +0.01174%
Year 2018 Assessed Value $253,400 Land Value $102,300 Improvement Value $151,100 Tax Amount $3,085.15 Change Rate +0.014518% Assessed CR Tax Rate +0.012175%
Year 2017 Assessed Value $253,400 Land Value $102,300 Improvement Value $151,100 Tax Amount $3,041 Change Rate Assessed CR Tax Rate +0.012001%
Year 2016 Assessed Value $253,400 Land Value $102,300 Improvement Value $151,100 Tax Amount $3,041 Change Rate +0.017397% Assessed CR Tax Rate +0.012001%
Year 2015 Assessed Value $266,200 Land Value $104,400 Improvement Value $161,800 Tax Amount $2,989 Change Rate Assessed CR Tax Rate +0.011228%
Year 2014 Assessed Value $266,200 Land Value $104,400 Improvement Value $161,800 Tax Amount Change Rate Assessed CR Tax Rate