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45 Sherwood Valley Ln, Coventry, RI, 02816

2beds
2baths
1,372sqft
$225,000
$164price/sqft
$1,927/moest. monthly cost
$77,080/yrincome needed

About This Home

Welcome to this beautifully maintained 2-bedroom, 1.5-bath mobile home in the highly desirable Sherwood Valley Estates in Coventry. Nestled in one of the most private and peaceful locations within the community, this home offers a rare setting with no neighbors to the right—providing exceptional privacy and a quiet, retreat-like feel. Enjoy tranquil water views that create a relaxing backdrop year-round, whether you’re starting your morning or unwinding at the end of the day. Inside, the home features a generously sized layout with an open and inviting living area, offering plenty of space for both everyday living and entertaining guests. The well-proportioned bedrooms provide comfort and functionality, while the 1.5 baths add convenience for both residents and visitors. This home has been thoughtfully updated over the past 7 years, giving buyers confidence in its condition and minimizing the need for immediate improvements. From the interior finishes to key systems, the updates contribute to a truly move-in-ready experience. Whether you’re looking to downsize, purchase your first home, or enjoy a low-maintenance lifestyle in a quiet, well-kept community, this property stands out. With its unique combination of privacy, water views, and solid updates, it’s a rare opportunity to own a turnkey home in one of Coventry’s most sought-after neighborhoods. Schedule a showing today!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

6/10
Western Coventry SchoolGrades K-54.1 mi
3/10
Coventry High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Basement

  • Basement: None

Bathroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Plumbing (Mixed)
  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Laminate,Vinyl,Carpet
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,372

Heating & Cooling

  • Heating features: Oil,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,372
  • Total interior livable area: 1,372 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: COVEM540L19
  • On leased land: Yes

Features

  • Patio & porch: Deck

Parking

  • Total spaces: 3
  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$104$1,248
Property Taxes $297$3,564
Electricity $389$4,675
Total$1,927$23,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,068/yr
40% on housing$57,810/yr
45% on housing$51,386/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 02816$206
Kent County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 02816$234
Kent County$267

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$240,000
2018-11-13Sold$90,000
2018-09-30Pending sale$89,900
2018-08-24Listed for sale$89,900
2018-08-01Sold$86,500
2018-04-27Listing removed$85,900
2018-04-26Pending sale$85,900
2018-04-18Listed for sale$85,900
2013-07-11Sold$69,000
2013-06-11Listed for sale$69,000
2012-06-01Sold$65,000
2012-04-28Listed for sale$69,000

For Sale by Agent

AgentMatt Mandeville
BrokerageeXp Realty LLC

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