
55 Terrace Ave Westerly, RI 02891
Estimated Value: $511,648 - $993,000
Highlights
- Colonial Architecture
- Wood Flooring
- Walking Distance to Water
- Wood Burning Stove
- Corner Lot
- Window Unit Cooling System
About This Home
As of March 2020Your beach house awaits! This low-maintenance, 3-bedroom home is located within walking distance to some of the area’s finest beaches and public access to Winnapaug Pond. Featuring an open floorplan, an eat-in-kitchen and generously sized rooms this is the perfect summer getaway! A small corner lot with a backyard patio and outdoor shower provide a fun outdoor space without a lot of upkeep. The Cove Road neighborhood is located in an out-of-the-way corner on beautiful Winnapaug Pond and it offers public access boating, swimming, clamming, fishing and every imaginable water sport right out your door. This home also includes deeded access to a beach path on Atlantic Avenue as seen in the photos. This close-knit community is distinctly laid back and friendly and it’s a perfect place for family vacations. Downtown Westerly features a variety of restaurants, theaters, art galleries, live music, shops, a state-of-the-art YMCA, an outdoor skating rink, a fabulous library and the acclaimed Wilcox Park. We also have our very own Amtrak station for quick access to NYC and Boston and Westerly Airport for regional air service.
Last Agent to Sell the Property
Compass / Lila Delman Compass License #RES.0041164 Listed on: 01/10/2020

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,528
Year Built
- Built in 1956
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
- Property is zoned R-10
Home Design
- Colonial Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,485 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Stone Fireplace
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Parquet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
- Electric Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Accessible Doors
- Walking Distance to Water
Community Details
- Cove Road / Winnapaug Pond Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 55TERRACEAVWEST
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Westerly, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Pascale Martin | $355,000 | None Available | |
Calvi-Rogers Marisa | -- | -- | |
Rogers John | $395,000 | -- | |
Hagerman Richard A | $95,000 | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Pascale Martin | $30,000 | |
Open | Pascale Martin | $305,000 | |
Previous Owner | Hall Roger M | $87,500 | |
Previous Owner | Hall Roger M | $95,000 | |
Previous Owner | Hall Roger M | $62,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/23/2020 03/23/20 | Sold | $355,000 | -10.1% | $239 / Sq Ft |
02/22/2020 02/22/20 | Pending | -- | -- | -- |
01/10/2020 01/10/20 | For Sale | $395,000 | -- | $266 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,938 | $401,400 | $207,900 | $193,500 |
2023 | $3,861 | $401,400 | $207,900 | $193,500 |
2022 | $3,837 | $401,400 | $207,900 | $193,500 |
2021 | $3,629 | $315,000 | $153,700 | $161,300 |
2020 | $3,563 | $315,000 | $153,700 | $161,300 |
2019 | $3,528 | $315,000 | $153,700 | $161,300 |
2018 | $3,385 | $284,900 | $153,700 | $131,200 |
2017 | $3,302 | $284,900 | $153,700 | $131,200 |
2016 | $3,328 | $284,900 | $153,700 | $131,200 |
2015 | $3,154 | $291,500 | $156,800 | $134,700 |
2014 | $3,102 | $291,500 | $156,800 | $134,700 |
Agents Affiliated with this Home
-
Seller's Agent in 2020
Larry Burns
Compass / Lila Delman Compass
(401) 222-0656
57 in this area
74 Total Sales
-
Buyer's Agent in 2020
Sean Conroy
Stanton Realty, Inc.
(401) 741-6068
14 in this area
23 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1243936

APN: WEST-000131-000003
- 86 Weekapaug Rd
- 32 Breach Dr
- 15 Breach Dr
- 30 Rock Ridge Rd
- 597 Atlantic Ave
- 7 Stuart St
- 9 Passpataug Ave
- 88 Old Post Rd Unit 10
- 439 Atlantic Ave
- 7 Fenway Rd
- 422 Atlantic Ave
- 86 Quannacut Rd Unit A
- 419 Atlantic Ave
- 413 Atlantic Ave
- 22 Sandy Ln
- 50 Sherwood Dr
- 399 Atlantic Ave
- 20 Vía Roma
- 27 Tom Harvey Rd
- 304 Post Rd
- 55 Terrace Ave
- 53 Terrace Ave
- 60 Salt Pond Way
- 58 Salt Pond Way
- 51 Terrace Ave
- 69 Salt Pond Way
- 65 Salt Pond Way
- 54 Terrace Ave
- 54 Salt Pond Way
- 51 Governor Ave
- 52 Terrace Ave
- 60 Governor Ave
- 61 Salt Pond Way
- 47 Terrace Ave
- 59 Salt Pond Way
- 63 Salt Pond Way
- 57 Salt Pond Way
- 48 Terrace Ave
- 50 Salt Pond Way
- 53 Salt Pond Way