Sold for $550,000
$550,000
18 Balsam Rd, South Kingstown, RI 02879
2beds
862sqft
Single Family Residence
Built in 1972
10,018.8 Square Feet Lot
$591,600 Zestimate®
$638/sqft
$2,035 Estimated rent
Home value
$591,600
$532,000 - $657,000
$2,035/mo
Zestimate® history
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What's special
Discover 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.
Zillow last checked: 8 hours ago
Listing updated: July 17, 2024 at 06:19am
Listed by:
David Cappucci 401-536-4161,
KEY Real Estate Services
Bought with:
Angie Salem, REB.0019561
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1360598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub, Bath w Shower Stall
Heating
- Bottle Gas, Oil, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Microwave, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Floors), Insulation (Walls)
- Flooring: Ceramic Tile, Carpet
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Family Room,Laundry,Storage Space,Utility
- Number of fireplaces: 1
- Fireplace features: Stone
Interior area
- Total structure area: 672
- Total interior livable area: 862 sqft
- Finished area above ground: 672
- Finished area below ground: 190
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Patio & porch: Deck
- Fencing: Fenced
- Waterfront features: Access, Beach, Dock, Walk to Salt Water, Walk To Water
Lot
- Size: 10,018 sqft
Details
- Additional structures: Outbuilding
- Foundation area: 672
- Parcel number: SKINP0833L000156
- Zoning: R30
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Ranch
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: 150 Amp Service
- Sewer: Septic Tank
- Utilities for property: Water Connected
Community & neighborhood
Community
- Community features: Golf, Highway Access, Hospital, Marina, Public School, Recreational Facilities, Restaurants, Schools, Near Swimming, Tennis
Location
- Region: South Kingstown
- Subdivision: O.R.C.A. / Ocean Ridge Civic Assoc.
HOA & financial
HOA
- Has HOA: No
- HOA fee: $55 annually
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2024 | Sold | $550,000+2%$638/sqft |
Source: | ||
| 6/28/2024 | Pending sale | $539,000$625/sqft |
Source: | ||
| 6/13/2024 | Contingent | $539,000$625/sqft |
Source: | ||
| 6/3/2024 | Listed for sale | $539,000-1.8%$625/sqft |
Source: | ||
| 6/3/2024 | Listing removed | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,490 +11.5% | $502,200 +37.8% |
| 2024 | $4,028 +0.9% | $364,500 |
| 2023 | $3,991 | $364,500 |
Find assessor info on the county website
Neighborhood: 02879
Nearby schools
GreatSchools rating
- 8/10Matunuck SchoolGrades: K-4Distance: 3.5 mi
- NACurtis Corner Middle SchoolGrades: 7-8Distance: 7.1 mi
- 8/10South Kingstown High SchoolGrades: 9-12Distance: 7.6 mi
Get a cash offer in 3 minutes
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Estimated market value$591,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$591,600
