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55 Terrace Ave; Westerly, RI Property Details

55 Terrace Ave, Westerly, RI is a Cabin/vacation Residence that was built in 1956. This property is currently Financed and is not for sale. Our records show that 55 Terrace Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,664 square feet. The lot size of 55 Terrace Ave is 3,337 square feet.

Off market
55 Terrace Ave Westerly, RI 02891
$355,000 Listing Price
3 Beds
1.5 Baths
1,664 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $355,000
  • Open Loans / Balance: 2 / $292,959
  • Est. Equity / %: $416,041 / 58.68%
  • APN: WEST M:131 B:3
  • Situs County: Washington
  • Length Of Ownership: 6 years, 2 months

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: Gambrel
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,664/SqFt
  • Lot: 3,337/SqFt
  • Gross: 1,936/SqFt
  • Living: 1,664/SqFt
  • Building: 1,664/SqFt
  • Price Per Square Foot: $213.34
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: 41.338863 / -71.77325
  • Property Class: Residential
  • County Use Code: 107

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4428
  • Heating: Forced air unit

Ownership Info

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

Taxes

55 Terrace Ave has 7 associated Taxes items

55 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 $536,300. The APN we've located for 55 Terrace Ave is WEST M:131 B:3.

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Taxes
  • Assessed Value:  $536,300
  • Assessed Year:  2025
  • Assessed County:  Washington
  • APN:  WEST M:131 B:3
  • Assessed Land Value:  291100
  • Tax Amount:  3813
  • Tax Year:  2025

Tax History

55 Terrace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $536,300 Land Value $291,100 Improvement Value $245,200 Tax Amount $3,813 Change Rate -0.031742% Assessed CR Tax Rate +0.00711%
Year 2024 Assessed Value $401,400 Land Value $207,900 Improvement Value $193,500 Tax Amount $3,938 Change Rate +0.019943% Assessed CR Tax Rate +0.009811%
Year 2023 Assessed Value $401,400 Land Value $207,900 Improvement Value $193,500 Tax Amount $3,861 Change Rate +0.006255% Assessed CR Tax Rate +0.009619%
Year 2022 Assessed Value $401,400 Land Value $207,900 Improvement Value $193,500 Tax Amount $3,837 Change Rate +0.057316% Assessed CR Tax Rate +0.009559%
Year 2021 Assessed Value $315,000 Land Value $153,700 Improvement Value $161,300 Tax Amount $3,629 Change Rate +0.018524% Assessed CR Tax Rate +0.011521%
Year 2020 Assessed Value $315,000 Land Value $153,700 Improvement Value $161,300 Tax Amount $3,563 Change Rate +0.009921% Assessed CR Tax Rate +0.011311%
Year 2019 Assessed Value $315,000 Land Value $153,700 Improvement Value $161,300 Tax Amount $3,528 Change Rate +0.042245% Assessed CR Tax Rate +0.0112%
Year 2018 Assessed Value $284,900 Land Value $153,700 Improvement Value $131,200 Tax Amount $3,385 Change Rate +0.025136% Assessed CR Tax Rate +0.011881%
Year 2017 Assessed Value $284,900 Land Value $153,700 Improvement Value $131,200 Tax Amount $3,302 Change Rate -0.007813% Assessed CR Tax Rate +0.01159%
Year 2016 Assessed Value $284,900 Land Value $153,700 Improvement Value $131,200 Tax Amount $3,328 Change Rate +0.055168% Assessed CR Tax Rate +0.011681%
Year 2015 Assessed Value $291,500 Land Value $156,800 Improvement Value $134,700 Tax Amount $3,154 Change Rate +0.016763% Assessed CR Tax Rate +0.01082%
Year 2014 Assessed Value $291,500 Land Value $156,800 Improvement Value $134,700 Tax Amount $3,102 Change Rate Assessed CR Tax Rate +0.010642%