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1 Terrace Way, Lincoln, RI, 02865

$689,900

Home List Price

$8,193*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,338 SqFt
$207/SqFt
House

Location

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1 Terrace Way, Lincoln$689,900

Buyer Closing Credits

$8,193*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1956
HeatingBaseboard, Forced Air, Natural Gas, Hot Water, Zoned
CoolingCentral Air
BasementYes
FireplaceMasonry
MLS #1367780
Lot Size0.20 Acres
StatusActive

About 1 Terrace Way

Welcome to 1 Terrace Way in the heart of Saylesville Highlands. This spacious 3 bed Colonial with 2.5 baths has been tastefully updated. The first floor level has a dining room with fireplace, a beautiful kitchen with dining area, a spacious great room, half bathroom, mudroom with sliders to private deck and rear yard. Second floor boasts of a huge primary bedroom with bathroom, two additional bedrooms and bathroom. The lower level is finished with a family room and office area. This home includes newer windows, one car attached garage with ample off street parking, central air conditioning and much more. DON'T MISS THIS BEAUTIFUL HOME.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1956
  • Stories: 2
  • Living Area: 3,338 SqFt

Listing Office:

  • Office Name: Beretta Realty Company
  • Office Phone: (401) 724-7980

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior: Attic, Stall Shower, Tub Shower, Cable TV
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Natural Gas, Hot Water, Zoned
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln Senior High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Saylesville Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,900
  • Price Per SqFt: $207/SqFt

Tax Information:

  • Annual Amount: $4,867
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lincoln, RI.

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Lincoln, RI

City

Med. Sold Price

$465.1K

Med. Price/SqFt

$265

Avg. Days On Market

20

# of Sold Homes

20

1 Terrace Way vs Lincoln

42 DAYS ON ROCKET

+22 Days

$689,900

+$224.7K More

$207/SqFt

-$58 Less

KEY TAKEAWAY

This property is $224.7K more than the Median Sold Price and $58/SqFt less than other homes in Lincoln, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1367780

Listing Office:

  • Office Name: Beretta Realty Company
  • Office Phone: (401) 724-7980

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/18/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 1990Home Sold
$138,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,867$384,400
2020$7,742$384,400
2018$7,094$317,400
2017$6,951$317,400

History based on county public records data.

Payment Calculator

$3,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,135

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-585827
5
/10

  • Saylesville Elementary School

  • 50 Woodland St

  • 0.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-585828
6
/10

  • Lincoln Middle School

  • 152 Jenckes Hill Rd

  • 3.01 miles

  • Public District Grades 6-8

High School

school-card-donut-585829
7
/10

  • Lincoln Senior High School

  • 135 Old River Rd

  • 3.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,077. Residents of Lincoln, RI typically earn between $35k-100k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Lincoln, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lincoln, RI?

The housing landscape in Lincoln is characterized by a blend of single-family homes and multi-family residences, with single-family homes being a significant portion of the market. Architectural styles in the area range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The majority of homes were constructed during the late 20th century, with a focus on family-friendly designs and amenities.

Is Lincoln, RI a good place to live?

Lincoln prides itself on its serene suburban atmosphere, offering residents a peaceful living environment with access to numerous parks and recreational areas. The community is celebrated for its annual events that foster a strong sense of togetherness, such as the Lincoln Arts Festival and the town's Fourth of July celebration, which highlight the local culture and arts scene.

Are things conveniently located in Lincoln, RI?

Residents of Lincoln benefit from a solid educational system, with several public schools serving the area, as well as access to healthcare facilities that provide a range of services from primary care to specialized treatments. The town also features a public library system that serves as a hub for learning and community engagement. Retail and dining options in Lincoln reflect the local culture, offering a mix of national chains and independent businesses that cater to a variety of tastes and preferences.

What does the transportation in Lincoln, RI look like?

Lincoln's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating easy commuting and travel. Public transportation options are available, providing connections to key areas within the town and to broader destinations. The community is also equipped with sidewalks and bike paths in certain areas, promoting walkability and cycling as alternative modes of transport.

Frequently Asked Questions About 1 Terrace Way

What is the listing price of this property?

The listing price of 1 Terrace Way property is $689,900.

What type of property is this?

The property 1 Terrace Way is a house located in Lincoln, Rhode Island, 02865.

Is this property for sale now?

Active Listing: 1 Terrace Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1 Terrace Way are:
Saylesville Elementary School: GreatSchools Rating 5/10
Lincoln Middle School: GreatSchools Rating 6/10
Lincoln Senior High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,867 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 1990 for $138,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1 Terrace Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1 Terrace Way is 3,338 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Terrace Way is 1956.

Rocket Homes›Rhode Island›Providence County›Lincoln›02865›1 Terrace Way

This home is located at 1 Terrace Way in Lincoln, RI and zip code 02865. This 3,338 square foot home, which was built in 1956, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $689,900.

Over 9 listings were sold over their listed price in September 2024 in Lincoln, RI. In the same period over 5 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Lincoln, RI increased by 4.2% between August 2024 and September 2024. In September 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $465,166.

From Rocket Homes Real Estate and based on county public records data.

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