Seller's Agent in 2024
David Cappucci
KEY Real Estate Services
(401) 536-4161
10 in this area
81 Total Sales
18 Balsam Rd Wakefield, RI 02879
Estimated Value: $576,000 - $688,000
2
Beds
2
Baths
862
Sq Ft
$735/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Tennis Courts
- Beach Access
- Deck
- Thermal Windows
About This Home
As of July 2024Discover the perfect coastal getaway in this charming beach cottage, nestled in the highly sought-after Ocean Ridge community. Ideal for first-time buyers, those looking to downsize, or anyone seeking a summer escape or a lucrative rental investment, this property offers a world of possibilities. Situated on a private, park-like lot with a fully fenced yard, the cottage features a delightful outdoor shower for refreshing rinses after beach days. Inside, the cottage exudes warmth and comfort with a cozy stone fireplace and oil-fired forced hot water heating, ensuring comfort throughout the cooler months. The partially finished dry basement provides additional living space and ample storage. As a resident of Ocean Ridge, you'll enjoy membership in the Ocean Ridge Civic Association (O.R.C.A.), which includes access to a clubhouse, beach pavilion, private Greenhill Pond beach, kayak/canoe racks, two boat ramps, a 22-slip marina, and a variety of community events. Conveniently located, this property offers easy biking distance to Charlestown Beach and is close to local ice cream shops, restaurants, and cafes. It's also just minutes from the University of Rhode Island (URI) and offers quick access to Route 1, making all of Rhode Island's attractions easily accessible. Whether you seek relaxation by the beach or a home with convenient access to amenities and entertainment, this beach cottage embodies the quintessential Rhode Island lifestyle.
Last Agent to Sell the Property
KEY Real Estate Services License #REC.0018315 Listed on: 06/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,991
Year Built
- Built in 1972
Lot Details
- 10,019 Sq Ft Lot
- Fenced
- Property is zoned R30
HOA Fees
- $5 Monthly HOA Fees
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Stone Fireplace
- Thermal Windows
- Family Room
- Storage Room
- Laundry Room
- Utility Room
- Storm Doors
Kitchen
- Oven
- Range
- Microwave
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Deck
- Outbuilding
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 156
- Assessor Parcel Number 18BALSAMRDSKNG
Community Details
Overview
- O.R.C.A. / Ocean Ridge Civic Assoc. Subdivision
Amenities
- Restaurant
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2024
Closed on
Jul 16, 2024
Sold by
Seccareccia William M and Seccareccia Mary E
Bought by
Pietraszek Bethany and Pietraszek Steven
Seller's Agent
David Cappucci
KEY Real Estate Services
Buyer's Agent
Angie Salem
Residential Properties Ltd.
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,822
Avg. Annual Appreciation
10.74%
Original Mortgage
$495,000
Outstanding Balance
$489,133
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,689
Purchase Details
Listed on
Mar 31, 2012
Closed on
May 23, 2012
Sold by
Veronesi Christopher M and Veronesi Cynthia M
Bought by
Seccareccia William M and Seccareccia Mary E
Seller's Agent
Bill Freeman
Flagship Real Estate Advisors
Buyer's Agent
James DiMaio
Resource Services, LLC
List Price
$245,000
Sold Price
$240,800
Premium/Discount to List
-$4,200
-1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$192,640
Interest Rate
3.88%
Purchase Details
Closed on
May 29, 2009
Sold by
Fingliss Mary E
Bought by
Veronesi Christopher M and Veronesi Cynthia M
Purchase Details
Closed on
May 15, 2003
Sold by
Bowers Linda D
Bought by
Fingliss Mary E and Comstock Joyce A
Purchase Details
Closed on
Apr 11, 2002
Sold by
Ducharme Sandra J
Bought by
Bowers Linda D
Purchase Details
Closed on
Oct 1, 1996
Sold by
Rousseau Rousseau W and Rousseau Elizabeth
Bought by
Ducharme Sandra J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pietraszek Bethany | $550,000 | None Available | |
| Pietraszek Bethany | $550,000 | None Available | |
| Seccareccia William M | $240,800 | -- | |
| Veronesi Christopher M | $240,000 | -- | |
| Fingliss Mary E | $216,000 | -- | |
| Bowers Linda D | $170,000 | -- | |
| Ducharme Sandra J | $85,000 | -- | |
| Seccareccia William M | $240,800 | -- | |
| Veronesi Christopher M | $240,000 | -- | |
| Fingliss Mary E | $216,000 | -- | |
| Bowers Linda D | $170,000 | -- | |
| Ducharme Sandra J | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pietraszek Bethany | $495,000 | |
| Closed | Pietraszek Bethany | $495,000 | |
| Previous Owner | Ducharme Sandra J | $192,640 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2024 07/16/24 | Sold | $550,000 | +2.0% | $638 / Sq Ft | |
| 06/28/2024 06/28/24 | Pending | -- | -- | -- | |
| 06/03/2024 06/03/24 | For Sale | $539,000 | +123.8% | $625 / Sq Ft | |
| 05/23/2012 05/23/12 | Sold | $240,800 | -1.7% | $279 / Sq Ft | View Prior Sale |
| 04/23/2012 04/23/12 | Pending | -- | -- | -- | |
| 03/31/2012 03/31/12 | For Sale | $245,000 | -- | $284 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,490 | $502,200 | $298,100 | $204,100 |
| 2024 | $4,028 | $364,500 | $229,200 | $135,300 |
| 2023 | $4,028 | $364,500 | $229,200 | $135,300 |
| 2022 | $3,991 | $364,500 | $229,200 | $135,300 |
| 2021 | $3,459 | $239,400 | $140,100 | $99,300 |
| 2020 | $3,459 | $239,400 | $140,100 | $99,300 |
| 2019 | $3,459 | $239,400 | $140,100 | $99,300 |
| 2018 | $3,371 | $215,000 | $129,200 | $85,800 |
| 2017 | $3,292 | $215,000 | $129,200 | $85,800 |
| 2016 | $3,244 | $215,000 | $129,200 | $85,800 |
| 2015 | $3,149 | $202,900 | $117,400 | $85,500 |
| 2014 | $3,141 | $202,900 | $117,400 | $85,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Cappucci
-
Angie Salem
Buyer's Agent in 2024
Angie Salem
Residential Properties Ltd.
(401) 487-9455
1 in this area
95 Total Sales
-
B
Seller's Agent in 2012
Bill Freeman
Flagship Real Estate Advisors
-
J
Buyer's Agent in 2012
James DiMaio
Resource Services, LLC
Map
Source: State-Wide MLS
MLS Number: 1360598
APN: SKIN-008303-000000-000156
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