Seller's Agent in 2025
Michael Russo
RI Real Estate Services
(401) 465-0417
3 in this area
295 Total Sales
59 Balcom Rd Foster, RI 02825
Estimated Value: $591,000 - $725,000
3
Beds
2
Baths
2,279
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Barn
- 5.05 Acre Lot
- Ponaganset Middle School Rated A-
- Stables
- Wooded Lot
About This Home
As of January 2025Very special offering in the heart of Foster. Surrounded by nature's landscape this private property offers complete peace & serenity. Featuring over 5 acres of partially cleared & wooded land, a charming main Log Home residence, a huge well-built barn with loft & lower level, many outbuildings & much more. The primary level of the log home features a cathedraled living room with soaring ceilings & a dramatic stone fireplace with huge hearth for roaring winter fires, a gathering kitchen with island & vintage Glendale Stove, 1st floor bed, full bath & laundry for ideal single level living and two covered porches & a sunroom perfect for scenic relaxing during all seasons. The second level offers your additional 2 bedrooms and full bath. The walkout lower level is great for storage, home gym, office, etc. The huge, detached powered barn is incredibly well built and features access from the main and lower levels making it perfect for many uses including a potential stable. Also offering central air, young mechanical systems, fenced area for containment, paid in full solar & much more. Shown by appointment only. Exceptional opportunity, call today.
Last Agent to Sell the Property
RI Real Estate Services License #REB.0018125 Listed on: 10/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,772
Year Built
- Built in 1977
Lot Details
- 5.05 Acre Lot
- Wooded Lot
Parking
- 1 Car Detached Garage
Home Design
- Log Cabin
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Stone Fireplace
- Home Office
- Storage Room
- Utility Room
- Storm Doors
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Outbuilding
- Porch
Farming
- Barn
Horse Facilities and Amenities
- Horses Allowed On Property
- Stables
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Power Generator
- Private Water Source
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Golf Course Community
- Recreation Facilities
Listing and Financial Details
- Tax Lot 22D
- Assessor Parcel Number 59ABALCOMRDFOST
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Jan 12, 2025
Sold by
Singleton Janine M and Singleton Diana L
Bought by
Burr Edmund and Keenan Ashley E
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Chris Tanner
Flagship Real Estate Advisors
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Views
106
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
$49,261
Avg. Annual Appreciation
12.06%
Original Mortgage
$456,300
Outstanding Balance
$454,290
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,971
Purchase Details
Listed on
Apr 6, 2023
Closed on
Jun 1, 2023
Sold by
Wahtera Donald J and Wahtera Cheryl
Bought by
Dunn Jessika R and Dunn William H
Seller's Agent
Ashley Walker
Brunet & Company Real Estate
Buyer's Agent
Lisa Carreiro
The Mello Group, Inc.
List Price
$450,000
Sold Price
$473,100
Premium/Discount to List
$23,100
5.13%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Original Mortgage
$378,480
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Burr Edmund | $585,000 | None Available | |
| Burr Edmund | $585,000 | None Available | |
| Dunn Jessika R | $473,100 | None Available | |
| Dunn Jessika R | $473,100 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burr Edmund | $456,300 | |
| Closed | Burr Edmund | $456,300 | |
| Previous Owner | Dunn Jessika R | $378,480 | |
| Previous Owner | Mauro William J | $94,000 | |
| Previous Owner | Mauro William J | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $585,000 | -6.4% | $257 / Sq Ft | |
| 10/22/2024 10/22/24 | For Sale | $625,000 | +32.1% | $274 / Sq Ft | |
| 06/01/2023 06/01/23 | Sold | $473,100 | +5.1% | $207 / Sq Ft | View Prior Sale |
| 04/22/2023 04/22/23 | Pending | -- | -- | -- | |
| 04/19/2023 04/19/23 | For Sale | $450,000 | -- | $197 / 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 |
|---|---|---|---|---|
| 2024 | $9,880 | $474,300 | $128,900 | $345,400 |
| 2023 | $7,882 | $347,700 | $99,600 | $248,100 |
| 2022 | $7,635 | $347,700 | $99,600 | $248,100 |
| 2021 | $7,420 | $347,700 | $99,600 | $248,100 |
| 2020 | $6,809 | $286,200 | $86,800 | $199,400 |
| 2018 | $6,537 | $286,200 | $86,800 | $199,400 |
| 2017 | $6,454 | $277,600 | $86,800 | $190,800 |
| 2015 | $5,946 | $277,600 | $86,800 | $190,800 |
| 2014 | $5,943 | $282,200 | $86,800 | $195,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Russo
-
Chris Tanner
Buyer's Agent in 2025
Chris Tanner
Flagship Real Estate Advisors
(401) 742-1900
1 in this area
17 Total Sales
-
Ashley Walker
Seller's Agent in 2023
Ashley Walker
Brunet & Company Real Estate
(860) 303-0870
2 in this area
56 Total Sales
-
Lisa Carreiro
L
Buyer's Agent in 2023
Lisa Carreiro
The Mello Group, Inc.
(401) 241-9914
1 in this area
63 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1371431
APN: FOST-000008-000000-000007-C000000
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