108 Balsam Rd Wakefield, RI 02879
Estimated payment $2,907/month
Highlights
- Marina
- Golf Course Community
- Storm Windows
- Beach Access
- Wood Flooring
- Ductless Heating Or Cooling System
About This Home
This is areat summer or year round cottage with an oversized lot. Renovated the year after purchased 7 years ago, new everything down to the studs and put a 1.5 ton split system HVAC. There is an air handler in the attic and a condenser outside. The panel is 150 amps, Roof is the same age. Propane is used for cooking stove but also has a stub run towards the front for a heater if the wood burning stove was replaced and works up to code. The extra lot can have an addition that can be the main house & the cottage would be an in-law, or add a loft above the garage. Central heat & air pump, heat strip. Call today and live year round or rent for the academic year ($2500.00 previous tenant) and enjoy the summer months. Propane available or wood burning stove, mold test completed, septic inspection completed, newly insulated in attic and crawl space. You can add an approved ADU negotiable (price is negotiable). *********************************************************************************** Deeded water rights, when you are a member of the Ocean Ridge Civic Association (O.R.C.A.), you'll enjoy a beach community lifestyle with a private beach on Green Hill Pond, kayak & canoe storage, 2 boat ramps, a 22-slip marina, a beach pavilion, a clubhouse, and year-round community events that bring neighbors & friends together. This cottage is your gateway to the quintessential Rhode Island lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,359
Year Built
- Built in 1952
Lot Details
- 10,019 Sq Ft Lot
Parking
- 1 Car Garage
- No Garage
Home Design
- Bungalow
- Slab Foundation
- Shingle Siding
- Vinyl Siding
Interior Spaces
- 900 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Unfinished Basement
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Beach Access
- Outbuilding
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- 100 Amp Service
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 73
- Assessor Parcel Number 108BALSAMRDSKNG
Community Details
Overview
- Ocean Ridge Community Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Golf Course Community
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,997 | $447,100 | $298,100 | $149,000 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $499,900 | -3.8% | $555 / Sq Ft | |
| 11/07/2025 11/07/25 | Price Changed | $519,900 | -1.9% | $578 / Sq Ft | |
| 10/17/2025 10/17/25 | For Sale | $529,900 | +253.3% | $589 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | $150,000 | -14.3% | $179 / Sq Ft | View Prior Sale |
| 09/27/2017 09/27/17 | Pending | -- | -- | -- | |
| 07/20/2017 07/20/17 | For Sale | $175,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | Purchase Money Mortgage |
Source: State-Wide MLS
MLS Number: 1398156
APN: SKIN-008302-000000-000073
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