NOT LISTED FOR SALE

56 Balcom Rd Foster, RI 02825

Estimated Value: $656,000 - $745,656

3 Beds
2.5 Baths
4,478 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $369,000 $82 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,815/month

80 Days on Market

Highlights

  • Golf Course Community
  • Barn
  • Spa
  • Ponaganset Middle School Rated A-
  • Horses Allowed On Property
  • 4.59 Acre Lot

About This Home

As of August 2019

Extraordinary 3600+ SF three bedroom two and a half bath Cape on a secluded wooded lot in the heart of Foster Rhode Island. Exceptional value is an understatement given the size, amenities and location of this lovely home. This property features an eat in kitchen that was recently renovated and includes granite counters, s/s appliances and gas cook top range. The kitchen leads to a quaint dining area and great room with stone fireplace and large deck, that provides lots of room for entertaining your family and friends. If you've had a hard day at work, don't worry, once you're home you can enjoy the the large hot tub in the sun room which boasts panoramic and picturesque views of the surrounding landscape. The garage/barn is over 900 SF and will accommodate all of your vehicles, equipment and toys. The finished living area above the garage, with wet bar and full bath, has many uses that may include a home office, media, recreation or hobby room. Finally, almost five acres of wooded landscape(zoned Agricultural) provide a secluded setting for relaxing or raising horses, live stock or cultivating your own food. Don't miss this opportunity to own a little piece of paradise, call now for your private showing!

Last Agent to Sell the Property

Alexander Biliouris

Keller Williams Coastal Listed on: 05/01/2019

Keller Williams Coastal

Last Buyer's Agent

Christopher Rowley

Residential Properties Ltd. License #RES.0041808

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,873

Year Built

  • Built in 1980

Lot Details

  • 4.59 Acre Lot
  • Wooded Lot
  • Property is zoned .0030

Parking

  • 4 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Private Water Source
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Spa
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 56BALCOMRDFOST

Community Details

Overview

  • Foster Subdivision

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,873

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4.59
  • Subdivision Name: Foster
  • Above Grade Finished Sq Ft: 3614.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 864.0
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 4478.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Plaster, Wood Siding, Clapboard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 199940.0
  • Parcel #: 56BALCOMRDFOST
  • Zoning: .0030
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7872.95
  • Tax Lot: 22
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Aug 20, 2019
Sold by
Moyer Don P
Bought by
Tharin Thora L
Seller's Agent
Alexander Biliouris
Keller Williams Coastal
Buyer's Agent
Christopher Rowley
Residential Properties Ltd.
List Price
$439,900
Sold Price
$369,000
Premium/Discount to List
-$70,900
-16.12%
Current Estimated Value
$682,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,914
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Moyer Don P and Moyer Erin J
Bought by
Moyer Don P

Purchase Details

Closed on
Apr 30, 2013
Sold by
Moyer Don P and Carriuolo Erin J
Bought by
Moyer Don P and Moyer Erin J

Purchase Details

Closed on
Apr 10, 2002
Sold by
Griffing William C and Kaul Lorraine
Bought by
Moyer Don P and Carriuolo Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.84%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Thompson Daniel E and Thompson Madelyn
Bought by
Griffing William G and Kaul Lorraine
Source: Public Records

Range of Values:

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Average Value
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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
Tharin Thora L $369,000 --
Moyer Don P $155,000 --
Moyer Don P -- --
Moyer Don P $270,000 --
Griffing William G $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffing William G $247,950
Previous Owner Griffing William G $245,000
Previous Owner Griffing William G $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $369,000 -16.1% $82 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $439,900 -- $98 / 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 $13,210 $634,200 $127,100 $507,100
2023 $9,095 $401,200 $97,800 $303,400
2022 $8,731 $397,600 $97,800 $299,800
2021 $8,485 $397,600 $97,800 $299,800
2020 $8,612 $362,000 $85,000 $277,000
2018 $7,873 $344,700 $85,000 $259,700
2017 $7,740 $332,900 $85,000 $247,900
2015 $7,131 $332,900 $85,000 $247,900
2014 $7,017 $333,200 $85,000 $248,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1221946

State-Wide MLS

APN: FOST-000008-000000-000022-F000000