NOT LISTED FOR SALE

78 Balsam Rd Wakefield, RI 02879

Estimated Value: $580,000 - $642,000

2 Beds
2 Baths
1,460 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $236,000 $162 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,738/month

55 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Flooring
  • Golf Course Community
  • Deck
  • Tennis Courts

About This Home

As of November 2012

Great year round or summer home. Deeded pond rights. New hardwood flooring, stone fireplace, attached 1 car garage, large deck. Private backyard, storage shed. Part finished basement, oil heat.

Last Agent to Sell the Property

Peter McLaughlin

WATERFRONT PROPERTIES License #RES.0015704 Listed on: 09/05/2012

Last Buyer's Agent

Sally Cuda

Compass License #RES.0033831

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1972

Lot Details

  • 10,000 Sq Ft Lot
  • Property is zoned R-30

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 78BALSAMRDSKNG

Community Details

Overview

  • Ocean Ridge Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,189

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2296
  • Subdivision Name: OCEAN RIDGE
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 1460.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 78BALSAMRDSKNG
  • Zoning: R-30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3189.0
  • Tax Lot: 76
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Nov 30, 2012
Sold by
Hanks Jeffrey A and Hanks Ashley N
Bought by
Porter Gregory T and Goldstone Kate M
Seller's Agent
Peter McLaughlin
WATERFRONT PROPERTIES
Buyer's Agent
Sally Cuda
Compass
List Price
$258,000
Sold Price
$236,000
Premium/Discount to List
-$22,000
-8.53%
Current Estimated Value
$616,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,990
Avg. Annual Appreciation
7.32%
Original Mortgage
$188,800
Interest Rate
3.4%

Purchase Details

Closed on
Nov 21, 2002
Sold by
Lucille Bouthillier T and Bouthillier Real A
Bought by
Hanks Jeffrey A and Martin Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,150
Interest Rate
6.07%
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
Porter Gregory T -- --
Hanks Jeffrey A $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Gregory T $148,000
Closed Bouthillier Real C $188,800
Previous Owner Bouthillier Real C $47,400
Previous Owner Bouthillier Real C $220,000
Previous Owner Bouthillier Real C $222,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $236,000 -8.5% $162 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $258,000 -- $177 / 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 $4,412 $399,300 $229,200 $170,100
2023 $4,412 $399,300 $229,200 $170,100
2022 $4,372 $399,300 $229,200 $170,100
2021 $3,743 $259,000 $140,100 $118,900
2020 $3,743 $259,000 $140,100 $118,900
2019 $3,743 $259,000 $140,100 $118,900
2018 $3,635 $231,800 $129,200 $102,600
2017 $3,549 $231,800 $129,200 $102,600
2016 $3,498 $231,800 $129,200 $102,600
2015 $3,405 $219,400 $117,400 $102,000
2014 $3,396 $219,400 $117,400 $102,000
Source: Public Records

Agents Affiliated with this Home

  • Peter McLaughlin

    Seller's Agent in 2012

    Peter McLaughlin

    WATERFRONT PROPERTIES

    (401) 792-0611

    17 in this area

    38 Total Sales

    Peter McLaughlin
    Section Image
  • Sally Cuda

    Buyer's Agent in 2012

    Sally Cuda

    Compass

    (401) 742-4046

    12 Total Sales

    Sally Cuda
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1025062

State-Wide MLS

APN: SKIN-008302-000000-000076

Rhode Island Washington County Wakefield 02879

78 Balsam Rd, Wakefield, RI

This home is located at 78 Balsam Rd, Wakefield, RI 02879 since 05 September 2012 and is currently estimated at $616,990, approximately $422 per square foot. This property was built in 1972. 78 Balsam Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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