5 Terrace Ave is a 1,380 square foot house on a 6,970 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Westerly data, we estimate the home's value is $738,112.
Single-familyProperty Type
1960Year Built
6,970 sq ftLot Size
$535Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$738,112
$7,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.7% higher than the average sale price ($733K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,832 (−4.1%)
$440,300 + $239,300
$679,600
2024
$5,039 (+2.0%)
$314,500 + $199,200
$513,700
2023
$4,942 (+0.6%)
$314,500 + $199,200
$513,700
2022
$4,911 (+24.2%)
$314,500 + $199,200
$513,700
2021
$3,953 (+1.9%)
$193,800 + $149,300
$343,100
2020
$3,880 (+1.0%)
$193,800 + $149,300
$343,100
2019
$3,843 (+2.4%)
$193,800 + $149,300
$343,100
2018
$3,754 (+3.5%)
$193,800 + $122,200
$316,000
2017
$3,628 (−0.8%)
$193,800 + $119,200
$313,000
2016
$3,656 (+3.0%)
$193,800 + $119,200
$313,000
2015
$3,549 (+1.2%)
$197,700 + $130,300
$328,000
2014
$3,507 (+1.0%)
$197,700 + $131,900
$329,600
2013
$3,471 (+2.4%)
$197,700 + $131,900
$329,600
2012
$3,388
$219,700 + $128,100
$347,800
Tax history for 5 Terrace Ave
Year
Property tax
Land + Additions
Assessment*
2025
$4,832 (−4.1%)
$440,300 + $239,300
$679,600
2024
$5,039 (+2.0%)
$314,500 + $199,200
$513,700
2023
$4,942 (+0.6%)
$314,500 + $199,200
$513,700
2022
$4,911 (+24.2%)
$314,500 + $199,200
$513,700
2021
$3,953 (+1.9%)
$193,800 + $149,300
$343,100
2020
$3,880 (+1.0%)
$193,800 + $149,300
$343,100
2019
$3,843 (+2.4%)
$193,800 + $149,300
$343,100
2018
$3,754 (+3.5%)
$193,800 + $122,200
$316,000
2017
$3,628 (−0.8%)
$193,800 + $119,200
$313,000
2016
$3,656 (+3.0%)
$193,800 + $119,200
$313,000
2015
$3,549 (+1.2%)
$197,700 + $130,300
$328,000
2014
$3,507 (+1.0%)
$197,700 + $131,900
$329,600
2013
$3,471 (+2.4%)
$197,700 + $131,900
$329,600
2012
$3,388
$219,700 + $128,100
$347,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
HDR-10
High-Density Residential 10 District
High-Density Residential 10 Zoning Districts are intended primarily for areas of existing residential development. These zoning districts are designed for areas where existing densities are high, close to saturation, which include a variety of housing types. These areas are served by municipal water. Also except Misquamicut, they are served by municipal sewers
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Park & open space
Water related
Feb 22, 2023 • Final
Addition to structure
Addition
Aug 11, 2017 • Active
Building
Bathroom
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.