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Sold for $690,000
  • $690,000

    123 Terrace Ave, Cumberland, RI 02864

    3beds
    2,389sqft
    Single Family Residence
    Built in 2014
    10,018.8 Square Feet Lot
    $701,900 Zestimate®
    $289/sqft
    $3,769 Estimated rent

    Home value

    $701,900

    $667,000 - $737,000

    $3,769/mo

    Zestimate® history
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    What's special

    Landscaped backyardGas fire pitGlass-enclosed showerLower-level rec roomGorgeous rear deckDry barStainless steel appliances
    HIGHEST & BEST DUE TUESDAY, 9/23, AT 12PM. This like-new home makes fabulous use of its space; step through a tiled mudroom into the combined kitchen and dining space, where stainless steel appliances, a decorative backsplash, 3 sides of stone countertops, and a center island for informal dining make this a stylish hub of the home. The front to back living room creates entertaining space as elegant or relaxed as you want with the benefit of a Sonos sound system throughout the home. A large slider off the living room opens out to the gorgeous rear deck. Steps lead down the landscaped backyard complete with a welcoming gas fire pit, as well as sliders opening to the lower-level rec room with a handsome dry bar and a full bath. Upstairs, the owner’s suite enjoys a modern full bath with a glass-enclosed shower and walk-in closet, while the remaining 2 bedrooms continue the pleasing style with a full hall bath. This home is connected to natural gas, as well as, a gas hook up for your grill and fire pit, town sewer, and town water heated by a tankless on-demand system. So many ways to enjoy this gem! Enrich yourself at Garvin Elementary, an award-winning Blue Ribbon recipient. Cumberland is a treasure-trove of farms, ponds, and parks, including The Monastery grounds with scenic trails and Diamond Hill Park. Reach Mendon Road shopping, Lincoln Mall, and Emerald Square Mall in 10 minutes. You’ll be close to the Blackstone River Bikeway with a network of woodland paths.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alison L'Heureux 401-330-8230,

    Residential Properties Ltd.

    Bought with:

    The Stearns McGee Team

    RE/MAX Properties

    Jennifer Gorman-Smith, RES.0035591

    RE/MAX Properties

    Source: StateWide MLS RI,MLS#: 1394990MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bathroom
    • Level: First
    Bathroom
    • Level: Lower
    Bathroom
    • Level: Second
    Other
    • Level: Second
    Other
    • Level: Second
    Dining area
    • Level: First
    Kitchen
    • Level: First
    Other
    • Level: Lower
    Living room
    • Level: First
    Recreation room
    • Level: Lower
    Storage
    • Level: Lower
    Utility room
    • Level: Lower
    Heating
    • Natural Gas, Central Air, Forced Air, Gas Connected, Humidity Control, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Dry Wall), Dry Bar, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Carpet
    • Windows: Insulated Windows
    • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Common,Laundry,Playroom,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,844
    • Total interior livable area: 2,389 sqft
    • Finished area above ground: 1,844
    • Finished area below ground: 545

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage Door Opener, Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 10,018 sqft
    • Features: Sprinklers
    Details
    • Parcel number: CUMBM019B0226L000
    • Zoning: RES
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2014

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Cumberland
    • Subdivision: Monastery Heights/Hines Road

    Price history

    DateEventPrice
    10/30/2025Sold$690,000+6.2%$289/sqft
    Source: StateWide MLS RI #1394990 Report a problem
    10/23/2025Pending sale$650,000$272/sqft
    Source: StateWide MLS RI #1394990 Report a problem
    9/23/2025Contingent$650,000$272/sqft
    Source: StateWide MLS RI #1394990 Report a problem
    9/17/2025Listed for sale$650,000+73.3%$272/sqft
    Source: StateWide MLS RI #1394990 Report a problem
    11/26/2014Sold$375,000+160.4%$157/sqft
    Source: Public Record Report a problem
    2/20/2007Sold$144,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,520 +2.7%$531,400
    2024$6,350 +2.8%$531,400
    2023$6,175 +9.2%$531,400 +40.8%
    2022$5,657 +1.7%$377,400
    2021$5,563 +2.9%$377,400
    2020$5,404 +1.3%$377,400 +12.4%
    2019$5,333 +3%$335,800
    2018$5,178 +1.4%$335,800
    2017$5,108 +0.6%$335,800 +13%
    2016$5,076 $297,200
    2015$5,076 +291.7%$297,200 +291.6%
    2014$1,296 +6.5%$75,900 -1.6%
    2013$1,217 +1.1%$77,100
    2012$1,204 +1.8%$77,100
    2011$1,183 -12.4%$77,100 -24.9%
    2010$1,351 +2.7%$102,700
    2009$1,316 +3.5%$102,700
    2008$1,271 -9.9%$102,700 -16%
    2007$1,410 $122,300

    Find assessor info on the county website

    Neighborhood: Monestary Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $701,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $701,900