40 TERRACE AVE
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Location
40 TERRACE AVE
Parcel ID
019/ 0022/ 000/ /
Owner
NEWMAN MICHAEL
Total Market Value
$497,600
Appraisal
$497,600
PID
4369
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$296,000$201,600$497,600
Assessment
Valuation YearImprovementsLandTotal
2025$296,000$201,600$497,600

Owner of Record
OwnerNEWMAN MICHAEL
Co-Owner
Address40 TERRACE AVE

CUMBERLAND, RI 02864
Sale Price$317,000
Certificate
Book & Page 1909/377
Sale Date10/18/2021
Instrument23

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NEWMAN MICHAEL$317,000 1909/3772310/18/2021
GUIMOND DIANE M ETALS$0 1268/04400105/16/2005
LANERES FLORENCE L$0 0205/04740009/20/1966
LANERES JULES A & FLORENCE L J/T$0 0127/02141403/11/1954
SCHLEIF CARL F & PAULA J/T$0 0/00001/01/1900

Building Information
Building 1 : Section 1
Year Built: 1959
Living Area: 2,102
Replacement Cost: $422,875
Building Percent Good: 70
Replacement Cost
Less Depreciation:

$296,000
Building Attributes
FieldDescription
StyleRanch
Model:Residential
GradeAverage
Stories1.00
Exterior Wall 1Vinyl or Aluminum
Exterior Wall 2Stone or Concrete
Roof StructureGable
Roof CoverAsphalt or Fiberglass
Interior Wall 1Drywall or Plaster
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heat FuelOil
Heat TypeHot Water or Steam
Air Cond.None
Bedrooms3 Bedrooms
Full Baths1
Half Baths1
Extra Fixtures0
Total Rooms7
Bath StyleAverage
Kitchen StyleAverage
Occupancy1
Bsmt Quality03
Fireplaces2
Bsmt GarageNone
Bsmt WO 
Bsmt % Finish75
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 2,102 2,102
BSMBasement 1,346 0
FOPOpen Porch 133 0
WDKWood Deck 534 0
   4,115 2,102

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code101
DescriptionSingle Family  
Zone0100
NeighborhoodJ1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.16
Frontage
Depth
Total Market Land$201,600
Appraised Value$201,600

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$296,000$201,600$497,600
2024$260,900$133,100$394,000
2023$223,600$133,100$356,700

Assessment
Valuation YearImprovementsLandTotal
2025$296,000$201,600$497,600
2024$260,900$133,100$394,000
2023$223,600$133,100$356,700

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