NOT LISTED FOR SALE

108 Balsam Rd Wakefield, RI 02879

Estimated Value: $470,000 - $536,000

2 Beds
1 Bath
840 Sq Ft
$597/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $150,000 $179 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $3,020/month

68 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Beach Access
  • Wood Burning Stove
  • Cottage

About This Home

As of October 2017

Your gateway to the sought after Ocean Ridge community!! Short walk or bike ride to area restaurants, bakery/coffee shop, Ice cream shop and beach. ORCA membership gives you access to 20 slip marina, private beach, pavilion, Club house and boat launch. This beach cottage is nestled on a large double lot ready for you to make it your own! Being sold as is. Will not pass FHA 203b guidelines. Cash, FHA 203k or home fixer

Last Agent to Sell the Property

David Cappucci

KEY Real Estate Services License #REC.0018315 Listed on: 07/20/2017

Last Buyer's Agent

David Cappucci

KEY Real Estate Services License #REC.0018315 Listed on: 07/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,007

Year Built

  • Built in 1965

Lot Details

  • 10,019

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Bungalow
  • Fixer Upper
  • Brick Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Septic Tank

Additional Features

  • 10,019 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 108BalsamRDSKNG

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,007

Year Built

Built in 1965

Lot Details

0

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Above Grade Finished Sq Ft: 840.0
  • Architectural Style: Bungalow, Cabin/Cottage, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Wood Burning Stove
  • Living Area: 840.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 55.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 108BalsamRDSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3007.0
  • Tax Lot: 73
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Oct 26, 2017
Sold by
Egan John E and Ventura Deborah
Bought by
Vellucci Michael J and Vellucci Tammy
Seller's Agent
David Cappucci
KEY Real Estate Services
Buyer's Agent
David Cappucci
KEY Real Estate Services
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$501,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,812
Avg. Annual Appreciation
16.72%
Original Mortgage
$135,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1984
Bought by
Egan John E and Egan Shirley M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vellucci Michael J $150,000 --
Egan John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vellucci Michael J $113,000
Closed Egan John E $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $150,000 -14.3% $179 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $175,000 -- $208 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,359 $304,000 $229,200 $74,800
2023 $3,359 $304,000 $229,200 $74,800
2022 $3,329 $304,000 $229,200 $74,800
2021 $3,140 $217,300 $140,100 $77,200
2020 $3,140 $217,300 $140,100 $77,200
2019 $3,140 $217,300 $140,100 $77,200
2018 $3,125 $199,300 $129,200 $70,100
2017 $3,051 $199,300 $129,200 $70,100
2016 $3,007 $199,300 $129,200 $70,100
2015 $2,908 $187,400 $117,400 $70,000
2014 $2,901 $187,400 $117,400 $70,000
Source: Public Records

Agents Affiliated with this Home

  • David Cappucci

    Seller's Agent in 2017

    David Cappucci

    KEY Real Estate Services

    (401) 536-4161

    10 in this area

    84 Total Sales

    David Cappucci
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Map

Source: State-Wide MLS

MLS Number: 1167530

State-Wide MLS

APN: SKIN-008302-000000-000073

Rhode Island Washington County Wakefield 02879

108 Balsam Rd, Wakefield, RI

This home is located at 108 Balsam Rd, Wakefield, RI 02879 since 20 July 2017 and is currently estimated at $501,812, approximately $597 per square foot. This property was built in 1965. 108 Balsam Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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