CUMBERLAND,RI
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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 Year
Improvements
Land
Total
2025
$296,000
$201,600
$497,600
Assessment
Valuation Year
Improvements
Land
Total
2025
$296,000
$201,600
$497,600
Owner of Record
Owner
NEWMAN MICHAEL
Co-Owner
Address
40 TERRACE AVE
CUMBERLAND, RI 02864
Sale Price
$317,000
Certificate
Book & Page
1909/377
Sale Date
10/18/2021
Instrument
23
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
NEWMAN MICHAEL
$317,000
1909/377
23
10/18/2021
GUIMOND DIANE M ETALS
$0
1268/0440
01
05/16/2005
LANERES FLORENCE L
$0
0205/0474
00
09/20/1966
LANERES JULES A & FLORENCE L J/T
$0
0127/0214
14
03/11/1954
SCHLEIF CARL F & PAULA J/T
$0
0/0
00
01/01/1900
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
Field
Description
Style
Ranch
Model:
Residential
Grade
Average
Stories
1.00
Exterior Wall 1
Vinyl or Aluminum
Exterior Wall 2
Stone or Concrete
Roof Structure
Gable
Roof Cover
Asphalt or Fiberglass
Interior Wall 1
Drywall or Plaster
Interior Wall 2
Interior Floor 1
Carpet
Interior Floor 2
Heat Fuel
Oil
Heat Type
Hot Water or Steam
Air Cond.
None
Bedrooms
3 Bedrooms
Full Baths
1
Half Baths
1
Extra Fixtures
0
Total Rooms
7
Bath Style
Average
Kitchen Style
Average
Occupancy
1
Bsmt Quality
03
Fireplaces
2
Bsmt Garage
None
Bsmt WO
Bsmt % Finish
75
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
2,102
2,102
BSM
Basement
1,346
0
FOP
Open Porch
133
0
WDK
Wood Deck
534
0
4,115
2,102
Extra Features
Extra Features
No Data for Extra Features
Land
Land Use
Use Code
101
Description
Single Family
Zone
0100
Neighborhood
J1
Alt Land Appr
No
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 Year
Improvements
Land
Total
2025
$296,000
$201,600
$497,600
2024
$260,900
$133,100
$394,000
2023
$223,600
$133,100
$356,700
Assessment
Valuation Year
Improvements
Land
Total
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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