Sold
Last Sold Price
4 beds2,020 sqft
38 Oak St, Westerly, RI 02891
Multi FamilyProperty Type
0.21 acresLot Size
1910Year Built
$198/sq ftPrice per sq ft

Description

Pristine 2 family home boasts a 1yr old roof, replacement windows, low maintenance vinyl siding, ample off street parking, city water/sewer/gas and 2 move in ready units! Located within walking distance to downtown Westerly, each unit offers separate front and rear entrances providing privacy for tenants/owner. The first floor unit offers 2 bedrooms, a full bath, living room, dining room and a modern kitchen with shaker style cabinets and granite countertops. A front porch offers a shady retreat...Pristine 2 family home boasts a 1yr old roof, replacement windows, low maintenance vinyl siding, ample off street parking, city water/sewer/gas and 2 move in ready units! Located within walking distance to downtown Westerly, each unit offers separate front and rear entrances providing privacy for tenants/owner. The first floor unit offers 2 bedrooms, a full bath, living room, dining room and a modern kitchen with shaker style cabinets and granite countertops. A front porch offers a shady retreat to enjoy the outdoors. The second floor unit offers 2 bedrooms, a full bath, living room and a large eat in kitchen. Both units boast mudrooms with their own washer and dryer hookups. Take advantage of being within walking distance to historic Westerly and the many activities it has to offer - a stroll in Wilcox Park, a performance at Granite Theatre or United Theatre, a meal at one of the restaurants downtown, shopping and more. This location offers something for everyone. Great investment opportunity whether owner occupied or investor.
  • Listed by: The Schilke Team 401.326.2013 Team@SchilkeRealty.com Brokerage DRE #REC.0018142 • Schilke Realty
Listing closed: 01/27/2023 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1323699

Recent comparable sales

Median sold price

$440,000

Avg days on market

11

Sale-to-list ratio

99.8%

Westerly, RI

9 comparable properties found

$406,000 | 6 Beatrice Street, Westerly, RI 02891
1/6
1

$406,000

Sold 03/27/26

4
Bedrooms
1,560
Square Feet
0.38
Acres
$425,000 | 8 Pond Street, Westerly, RI 02891
1/39
2

$425,000

Sold 03/20/25

5
Bedrooms
2,035
Square Feet
0.18
Acres
$440,000 | 48 Batterson Avenue, Westerly, RI 02891
1/31
3

$440,000

Sold 06/02/25

4
Bedrooms
2,156
Square Feet
0.57
Acres
$440,000 | 11 Longvue Avenue, Westerly, RI 02891
1/51
4

$440,000

Sold 10/28/25

4
Bedrooms
1,749
Square Feet
0.22
Acres
$599,000 | 30 Brandywine Drive, Westerly, RI 02891
1/2
5

$599,000

Sold 09/09/26

4
Bedrooms
1,728
Square Feet
0.51
Acres
$460,000 | 23 Saundra Drive, Westerly, RI 02891
1/26
6

$460,000

Sold 07/29/26

4
Bedrooms
1,807
Square Feet
0.3
Acres
$625,000 | 56 Granite Street, Westerly, RI 02891
1/2
7

$625,000

Sold 05/01/26

4
Bedrooms
2,374
Square Feet
0.23
Acres
$490,000 | 6 Beacon Street, Westerly, RI 02891
1/27
8

$490,000

Sold 01/03/25

4
Bedrooms
1,768
Square Feet
0.21
Acres
$369,000 | 11 Riverdale Road, Westerly, RI 02891
1/2
9

$369,000

Sold 03/05/25

4
Bedrooms
2,304
Square Feet
0.33
Acres

Amenities

  • Attic
  • Basement
  • Carpet Floors
  • Ceramic Floors
  • Dryer
  • Dryer Hookup
  • Electric Oven
  • Formal Dining Room

Location

Listing Courtesy of Schilke Realty

Sold By eXp Realty

Add your commute

Payment Calculator

$2,260 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,062

Property Taxes

$198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 38 Oak Street

Property Details
  • Taxes: $2,372 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1910
  • Lot Size: 0.21 AC / 9,148 SF
Summary
Location and General Information
  • City: Westerly
  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Postal City: Westerly
  • Postal Code: 02891
  • State Or Province: RI
  • Zoning: R6
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Tax Annual Amount: $2,372.00
  • Tax Assessed Value: 237000
  • Tax Lot: 144
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 2020.0
  • Building Area Total: 2020.0
  • Frontage Length: 190
  • Living Area Source: Listing Agent
  • Lot Features: Corner Lot, Sprinkler System
  • Lot Size Acres: 0.21
  • Lot Size Area: 9148.0
  • Lot Size Square Feet: 9148.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 38OAKSTWEST
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1910
  • C L I P: 4,403,694,744
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler Irrigation
  • Foundation Details: Stone
Interior Features
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Gas, Steam
  • Heating Y N: Yes
  • Interior Features: Attic
  • Laundry Features: In Unit
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1010.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,500.00
  • Unit Type Area: 1010.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 38 Oak Street

DateEvent & SourcePriceAppreciation
Jan 27, 2023

Sold

Rhode Island Association of REALTORS® #1323699

$399,000
Jan 24, 2023

Sold (Public Record)

Public Record #1504999748

$399,000

+7.3% / yr

Dec 6, 2022

Contract Signed

Rhode Island Association of REALTORS® #1323699

DateEvent & SourcePrice
01/27/2023

Sold

Rhode Island Association of REALTORS® #1323699

$399,000
01/24/2023

Sold (Public Record)

Public Record #1504999748

$399,000

+7.3% / yr

12/06/2022

Contract Signed

Rhode Island Association of REALTORS® #1323699

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Oak Street

Taxable ValueLand$145,000Additions$237,600Total$382,600
Tax Record2025$2,977 ($248 / month)
Home Facts
Baths2Total Finished SqFt1,938 SqFtAbove Grade Finished SqFt1,938 SqFtStories2Lot Size9,049 SqFtStyleDuplexYear Built1910Year Renovated1910CountyWASHINGTONAPNWEST M:47 B:144

Schools near 38 Oak Street

This home is within Westerly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
State Street School
PublicK to 4

Westerly Middle School
Public5 to 8

Westerly High School
Public9 to 12

Springbrook Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 02891

$350,000 | 39 Potter Hill Road, Westerly, RI 02891
1/20
New

$350,000

2
Bedrooms
1,152
Square Feet
0.19
Acres
$1,100,000 | 27 Benson Avenue, Westerly, RI 02891
1/49
New

$1,100,000

4
Bedrooms
900
Square Feet
0.26
Acres
$529,900 | 18 Spring Street, Westerly, RI 02891
1/50

$529,900

7
Bedrooms
3,614
Square Feet
0.31
Acres
$595,000 | 346 Post Road, Westerly, RI 02891
1/38

$595,000

3
Bedrooms
2,200
Square Feet
0.93
Acres
$899,000 | 22 South Drive, Westerly, RI 02891
1/35

$899,000

3
Bedrooms
3,238
Square Feet
0.34
Acres
$595,000 | 24 Sherwood Drive, Westerly, RI 02891
1/49
Listed By Compass

$595,000

1
Bedrooms
2,256
Square Feet
0.89
Acres
$1,250,000 | 14 Mary Lou Avenue, Westerly, RI 02891
1/50

$1,250,000

4
Bedrooms
4,366
Square Feet
0.44
Acres
$1,399,000 | 15 Breach Drive, Westerly, RI 02891
1/43

$1,399,000

4
Bedrooms
1,260
Square Feet
0.21
Acres
$599,000 | 215 Canal Street, Westerly, RI 02891
1/36

$599,000

4
Bedrooms
1,718
Square Feet
0.32
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 38 Oak Street, Westerly, RI 02891
$399,000
4
2,020
9,148
5,266
5,662
$85,800
4
1,722
7,920
$378,500
8
4,234
11,326
7,742
$155,000
2,541
17,859

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Schilke Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.