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7 Nichols Ln; Westerly, RI Property Details

7 Nichols Ln, Westerly, RI is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 7 Nichols Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,428 square feet. The lot size of 7 Nichols Ln is 15,000 square feet.

Off market
7 Nichols Ln Westerly, RI 02891
$585,000 Listing Price
3 Beds
2.5 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $585,000
  • Open Loans / Balance: 1 / $492,062
  • Est. Equity / %: $11,938 / 2.37%
  • Gross Yield: 6.788%
  • APN: WEST M:18 B:111
  • Situs County: Washington
  • Length Of Ownership: 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,428/SqFt
  • Lot: 15,000/SqFt
  • Gross: 3,898/SqFt
  • Living: 1,428/SqFt
  • Building: 1,428/SqFt
  • Price Per Square Foot: $409.66
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: 41.40038 / -71.8193
  • Property Class: Residential
  • County Use Code: 101

Amenities

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

Ownership Info

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

Taxes

7 Nichols Ln has 7 associated Taxes items

7 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 $500,300. The APN we've located for 7 Nichols Ln is WEST M:18 B:111.

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Taxes
  • Assessed Value:  $500,300
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  WEST M:18 B:111
  • Assessed Land Value:  164700
  • Tax Amount:  3892
  • Tax Year:  2025

Tax History

7 Nichols Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $500,300 Land Value $164,700 Improvement Value $335,600 Tax Amount $3,892 Change Rate +0.148083% Assessed CR Tax Rate +0.007779%
Year 2024 Assessed Value $324,400 Land Value $117,600 Improvement Value $206,800 Tax Amount $3,390 Change Rate +0.028519% Assessed CR Tax Rate +0.01045%
Year 2023 Assessed Value $324,400 Land Value $117,600 Improvement Value $206,800 Tax Amount $3,296 Change Rate +0.006105% Assessed CR Tax Rate +0.01016%
Year 2022 Assessed Value $324,400 Land Value $117,600 Improvement Value $206,800 Tax Amount $3,276 Change Rate +0.022472% Assessed CR Tax Rate +0.010099%
Year 2021 Assessed Value $265,700 Land Value $102,300 Improvement Value $163,400 Tax Amount $3,204 Change Rate +0.017466% Assessed CR Tax Rate +0.012059%
Year 2020 Assessed Value $265,700 Land Value $102,300 Improvement Value $163,400 Tax Amount $3,149 Change Rate +0.009515% Assessed CR Tax Rate +0.011852%
Year 2019 Assessed Value $265,700 Land Value $102,300 Improvement Value $163,400 Tax Amount $3,119.32 Change Rate +0.058265% Assessed CR Tax Rate +0.01174%
Year 2018 Assessed Value $242,100 Land Value $102,300 Improvement Value $139,800 Tax Amount $2,947.58 Change Rate +0.014657% Assessed CR Tax Rate +0.012175%
Year 2017 Assessed Value $242,100 Land Value $102,300 Improvement Value $139,800 Tax Amount $2,905 Change Rate Assessed CR Tax Rate +0.011999%
Year 2016 Assessed Value $242,100 Land Value $102,300 Improvement Value $139,800 Tax Amount $2,905 Change Rate +0.000689% Assessed CR Tax Rate +0.011999%
Year 2015 Assessed Value $258,500 Land Value $104,400 Improvement Value $154,100 Tax Amount $2,903 Change Rate +0.016304% Assessed CR Tax Rate +0.01123%
Year 2014 Assessed Value $258,500 Land Value $104,400 Improvement Value $154,100 Tax Amount $2,856.43 Change Rate Assessed CR Tax Rate +0.01105%