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54 Terrace Ave; Westerly, RI Property Details

54 Terrace Ave, Westerly, RI is a Cabin/vacation Residence that was built in 1970. This property is currently a cash purchase and is not for sale. Our records show that 54 Terrace Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,296 square feet. The lot size of 54 Terrace Ave is 4,926 square feet.

Off market
54 Terrace Ave Westerly, RI 02891
$585,000 Listing Price
3 Beds
1.5 Baths
1,296 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1970
  • Purchase Price: $585,000
  • Est. Equity / %: $765,000 / 100%
  • APN: WEST M:131 B:8
  • Situs County: Washington
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,296/SqFt
  • Lot: 4,926/SqFt
  • Gross: 2,872/SqFt
  • Living: 1,296/SqFt
  • Building: 1,296/SqFt
  • Price Per Square Foot: $451.39
Building Insights

Land Information

  • Property Type: Cabin/Vacation Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Westerly School District
  • Lat / Lon: 41.33873 / -71.77377
  • Property Class: Residential
  • County Use Code: 107

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4448
  • Heating: Hot Water

Ownership Info

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

Taxes

54 Terrace Ave has 7 associated Taxes items

54 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 $504,700. The APN we've located for 54 Terrace Ave is WEST M:131 B:8.

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Taxes
  • Assessed Value:  $504,700
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  WEST M:131 B:8
  • Assessed Land Value:  293400
  • Tax Amount:  3588
  • Tax Year:  2025

Tax History

54 Terrace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $504,700 Land Value $293,400 Improvement Value $211,300 Tax Amount $3,588 Change Rate -0.039357% Assessed CR Tax Rate +0.007109%
Year 2024 Assessed Value $380,700 Land Value $209,600 Improvement Value $171,100 Tax Amount $3,735 Change Rate +0.019934% Assessed CR Tax Rate +0.009811%
Year 2023 Assessed Value $380,700 Land Value $209,600 Improvement Value $171,100 Tax Amount $3,662 Change Rate +0.01892% Assessed CR Tax Rate +0.009619%
Year 2022 Assessed Value $375,900 Land Value $209,600 Improvement Value $166,300 Tax Amount $3,594 Change Rate +0.073156% Assessed CR Tax Rate +0.009561%
Year 2021 Assessed Value $290,700 Land Value $155,000 Improvement Value $135,700 Tax Amount $3,349 Change Rate +0.018552% Assessed CR Tax Rate +0.01152%
Year 2020 Assessed Value $290,700 Land Value $155,000 Improvement Value $135,700 Tax Amount $3,288 Change Rate +0.009828% Assessed CR Tax Rate +0.011311%
Year 2019 Assessed Value $290,700 Land Value $155,000 Improvement Value $135,700 Tax Amount $3,256 Change Rate -0.030086% Assessed CR Tax Rate +0.011201%
Year 2018 Assessed Value $282,600 Land Value $155,000 Improvement Value $127,600 Tax Amount $3,357 Change Rate +0.025038% Assessed CR Tax Rate +0.011879%
Year 2017 Assessed Value $282,600 Land Value $155,000 Improvement Value $127,600 Tax Amount $3,275 Change Rate -0.007876% Assessed CR Tax Rate +0.011589%
Year 2016 Assessed Value $282,600 Land Value $155,000 Improvement Value $127,600 Tax Amount $3,301 Change Rate +0.084072% Assessed CR Tax Rate +0.011681%
Year 2015 Assessed Value $281,400 Land Value $158,100 Improvement Value $123,300 Tax Amount $3,045 Change Rate +0.017034% Assessed CR Tax Rate +0.010821%
Year 2014 Assessed Value $281,400 Land Value $158,100 Improvement Value $123,300 Tax Amount $2,994 Change Rate Assessed CR Tax Rate +0.01064%