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5 Terrace Ave; Westerly, RI Property Details

5 Terrace Ave, Westerly, RI is a Single Family that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 5 Terrace Ave has 3 bedrooms, and 1 bathroom, and a total of 1,380 square feet. The lot size of 5 Terrace Ave is 6,974 square feet.

Off market
5 Terrace Ave Westerly, RI 02891
$679,600 Estimated Value
3 Beds
1 Baths
1,380 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1960
  • Purchase Price: $75,000
  • Open Loans / Balance: 1 / $156,061
  • Est. Equity / %: $713,939 / 82.06%
  • Gross Yield: 5.603%
  • APN: WEST M:142 B:108
  • Situs County: Washington
  • Length Of Ownership: 10 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,380/SqFt
  • Lot: 6,974/SqFt
  • Gross: 3,528/SqFt
  • Living: 1,380/SqFt
  • Building: 1,380/SqFt
  • Price Per Square Foot: $54.35
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Westerly School District
  • Lat / Lon: 41.33541 / -71.7738
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4427
  • Cooling: Yes
  • Heating: Baseboard

Ownership Info

5 Terrace Ave has no associated ownership info
5 Terrace Ave has no associated ownership info.

Taxes

5 Terrace Ave has 7 associated Taxes items

5 Terrace Ave, 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 $679,600. The APN we've located for 5 Terrace Ave is WEST M:142 B:108.

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Taxes
  • Assessed Value:  $679,600
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  WEST M:142 B:108
  • Assessed Land Value:  440300
  • Tax Amount:  4832
  • Tax Year:  2025

Tax History

5 Terrace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $679,600 Land Value $440,300 Improvement Value $239,300 Tax Amount $4,832 Change Rate -0.04108% Assessed CR Tax Rate +0.00711%
Year 2024 Assessed Value $513,700 Land Value $314,500 Improvement Value $199,200 Tax Amount $5,039 Change Rate +0.019628% Assessed CR Tax Rate +0.009809%
Year 2023 Assessed Value $513,700 Land Value $314,500 Improvement Value $199,200 Tax Amount $4,942 Change Rate +0.006312% Assessed CR Tax Rate +0.00962%
Year 2022 Assessed Value $513,700 Land Value $314,500 Improvement Value $199,200 Tax Amount $4,911 Change Rate +0.242348% Assessed CR Tax Rate +0.00956%
Year 2021 Assessed Value $343,100 Land Value $193,800 Improvement Value $149,300 Tax Amount $3,953 Change Rate +0.018814% Assessed CR Tax Rate +0.011521%
Year 2020 Assessed Value $343,100 Land Value $193,800 Improvement Value $149,300 Tax Amount $3,880 Change Rate +0.009701% Assessed CR Tax Rate +0.011309%
Year 2019 Assessed Value $343,100 Land Value $193,800 Improvement Value $149,300 Tax Amount $3,842.72 Change Rate +0.041145% Assessed CR Tax Rate +0.0112%
Year 2018 Assessed Value $316,000 Land Value $193,800 Improvement Value $122,200 Tax Amount $3,690.86 Change Rate +0.017326% Assessed CR Tax Rate +0.01168%
Year 2017 Assessed Value $313,000 Land Value $193,800 Improvement Value $119,200 Tax Amount $3,628 Change Rate -0.007659% Assessed CR Tax Rate +0.011591%
Year 2016 Assessed Value $313,000 Land Value $193,800 Improvement Value $119,200 Tax Amount $3,656 Change Rate +0.030149% Assessed CR Tax Rate +0.011681%
Year 2015 Assessed Value $328,000 Land Value $197,700 Improvement Value $130,300 Tax Amount $3,549 Change Rate +0.011993% Assessed CR Tax Rate +0.01082%
Year 2014 Assessed Value $329,600 Land Value $197,700 Improvement Value $131,900 Tax Amount $3,506.94 Change Rate Assessed CR Tax Rate +0.01064%