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Sold for $550,000
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    • $550,000

    18 Balsam Rd, South Kingstown, RI 02879

    2beds
    862sqft
    Single Family Residence
    Built in 1972
    10,018 Square Feet Lot
    $616,700 Zestimate®
    $638/sqft
    $2,611 Estimated rent

    Home value

    $616,700

    $586,000 - $654,000

    $2,611/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:

    Listing updated:

    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#: 1360598MLS Logo

    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 Square Feet
    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 & HOA

    Community
    • Features: Golf, Highway Access, Hospital, Marina, Public School, Recreational Facilities, Restaurants, Schools, Near Swimming, Tennis
    • Subdivision: O.R.C.A. / Ocean Ridge Civic Assoc.
    HOA
    • Has HOA: No
    • HOA fee: $55 annually
    Location
    • Region: South Kingstown

    Financial & listing details

    • Price per square foot: $638/sqft
    • Tax assessed value: $502,200
    • Annual tax amount: $3,991
    • Date on market: 6/3/2024
    • Inclusions: NEW Shed does NOT Convey with Sale. Older Shed does convey. Seller would prefer to to keep washer and dryer but may negotiate with right offer. Propane tank is leased through Buckley and is only used for oven/range.

    Price history

    DateEventPrice
    7/16/2024Sold$550,000+2%$638/sqft
    Source: StateWide MLS RI #1360598 Report a problem
    6/28/2024Pending sale$539,000$625/sqft
    Source: StateWide MLS RI #1360598 Report a problem
    6/13/2024Contingent$539,000$625/sqft
    Source: StateWide MLS RI #1360598 Report a problem
    6/3/2024Listed for sale$539,000-1.8%$625/sqft
    Source: StateWide MLS RI #1360598 Report a problem
    6/3/2024Listing removed--
    Source: StateWide MLS RI #1357301 Report a problem
    4/29/2024Listed for sale$549,000+128%$637/sqft
    Source: Smart MLS #24013659 Report a problem
    5/23/2012Sold$240,800-1.7%$279/sqft
    Source: Public Record Report a problem
    4/1/2012Listed for sale$245,000+2.1%$284/sqft
    Source: RE/MAX Flagship #1013796 Report a problem
    5/29/2009Sold$240,000+11.1%$278/sqft
    Source: Public Record Report a problem
    5/15/2003Sold$216,000+27.1%$251/sqft
    Source: Public Record Report a problem
    4/11/2002Sold$170,000+100%$197/sqft
    Source: Public Record Report a problem
    10/1/1996Sold$85,000$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,490 +11.5%$502,200 +37.8%
    2024$4,028 +0.9%$364,500
    2023$3,991 $364,500
    2022$3,991 +15.4%$364,500 +52.3%
    2021$3,459 $239,400
    2020$3,459 $239,400
    2019$3,459 +2.6%$239,400 +11.3%
    2018$3,371 +2.4%$215,000
    2017$3,292 +1.5%$215,000
    2016$3,244 +3%$215,000 +6%
    2015$3,149 +0.3%$202,900
    2014$3,141 +0.1%$202,900
    2013$3,139 +5.8%$202,900 -0.9%
    2012$2,968 -0.1%$204,700
    2011$2,970 +2.2%$204,700
    2010$2,905 -6.5%$204,700 -20.4%
    2009$3,107 +1.3%$257,000 +0.3%
    2008$3,067 +2.5%$256,200 -1.5%
    2007$2,993 +5.1%$260,000 +19.8%
    2005$2,849 +28.2%$217,000 +94.4%
    2003$2,222 $111,600
    Find assessor info on the county website

    Neighborhood: 02879

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    Estimated market value
    $616,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $616,700

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