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Backup Offers

18 Balsam Rd, South Kingstown, RI, 02879

$549,000

Home List Price

$6,519*

Closing Credit

2 Bedrooms
2 Full Baths
1,344 SqFt
$408/SqFt
House
Schools Nearby

Location

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18 Balsam Rd, South Kingstown$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1972
HeatingBaseboard, Hot Water, Propane, Oil
CoolingNone
BasementYes
WaterfrontBeach, Dock Access, Water Access, Waterfront
FireplaceStone
MLS #1357301
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 18 Balsam Rd

This charming beach cottage located in the desirable Ocean Ridge community presents a multitude of opportunities, whether you're seeking a starter home, downsizing, looking for a summer retreat, or aiming for an income-producing investment. Situated on a private, park-like lot, this property boasts a fully fenced yard and a delightful outdoor shower, perfect for rinsing off after a day at the beach. Inside, the cottage features a cozy stone fire place, oil-fired forced hot water heating, ensuring cozy comfort during cooler months. The partially finished dry basement offers additional living space and ample room for storage. Residents of Ocean Ridge enjoy membership in the Ocean Ridge Civic Association (O.R.C.A.), granting access to a range of amenities including a clubhouse, beach pavilion, private Greenhill Pond beach, kayak/canoe racks, two boat ramps, a 22-slip marina, and various fun community events. Conveniently located, residents can easily bike to Charlestown Beach or explore nearby ice cream shops, restaurants, and coffee/bakery spots. The property is also just minutes away from the University of Rhode Island (URI) and offers quick access to Route 1, providing a gateway to all the best Rhode Island has to offer. Whether you're seeking relaxation by the beach or convenient access to amenities and entertainment, this beach cottage offers the quintessential Rhode Island lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cabin/Cottage, Ranch
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: KEY Real Estate Services
  • Office Phone: (401) 661-9040

Interior Features

Interior Information:

  • Appliances: Microwave, Oven, Water Heater, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Bathtub, Tub Shower, Cable TV
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Dock Access, Water Access, Waterfront
  • Exterior: Deck

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Propane, Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • South Kingstown High School, Public District Grades 9-12
  • Curtis Corner Middle School, Public District Grades 7-8
  • Broad Rock Middle School, Public District Grades 5-6
  • Matunuck School, Public District Grades KG-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $408/SqFt

HOA Fees:

  • Amount: $55
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,459
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in South Kingstown, RI.

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South Kingstown, RI

City

Med. Sold Price

$587.8K

Med. Price/SqFt

$336

Avg. Days On Market

34

# of Sold Homes

18

18 Balsam Rd vs South Kingstown

17 DAYS ON ROCKET

-17 Days

$549,000

-$38.8K Less

$408/SqFt

+$72 More

KEY TAKEAWAY

This property is $38.8K less than the Median Sold Price and $72/SqFt more than other homes in South Kingstown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1357301

Listing Office:

  • Office Name: KEY Real Estate Services
  • Office Phone: (401) 661-9040

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 23, 2012Home Sold
$240,800
May 29, 2009Home Sold
$240,000
May 15, 2003Home Sold
$216,000
Apr 11, 2002Home Sold
$170,000
Oct 01, 1996Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,459$239,400
2019$3,459$239,400
2018$3,371$215,000
2017$3,292$215,000

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3685665
8
/10

  • Matunuck School

  • 380 Matunuck Beach Rd

  • 3.54 miles

  • Public District Grades KG-4

Middle School

school-card-donut-3685666
4
/10

  • Curtis Corner Middle School

  • 301 Curtis Corner Rd

  • 7.13 miles

  • Public District Grades 7-8

school-card-donut-3685667
6
/10

  • Broad Rock Middle School

  • 351 Broad Rock Rd

  • 8.39 miles

  • Public District Grades 5-6

High School

school-card-donut-3685668
7
/10

  • South Kingstown High School

  • 215 Columbia St

  • 7.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,924. Residents of South Kingstown, RI typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18 Balsam Rd

What is the listing price of this property?

The listing price of 18 Balsam Rd property is $549,000.

What type of property is this?

The property 18 Balsam Rd is a house located in South Kingstown, Rhode Island, 02879.

Is this property for sale now?

Accepting Backup Offers: 18 Balsam Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 18 Balsam Rd are:
Matunuck School: GreatSchools Rating 8/10
Curtis Corner Middle School: GreatSchools Rating 4/10
Broad Rock Middle School: GreatSchools Rating 6/10
South Kingstown High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,459 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 23, 2012 for $240,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18 Balsam Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 18 Balsam Rd is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18 Balsam Rd is 1972.

Rocket Homes›Rhode Island›Washington County›South Kingstown›02879›18 Balsam Rd

This home is located at 18 Balsam Rd in South Kingstown, RI and zip code 02879. This 1,344 square foot home, which was built in 1972, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $549,000.

Over 6 listings were sold over their listed price in April 2024 in South Kingstown, RI. In the same period over 6 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, South Kingstown, RI real estate market has seen increase in the number of listings by 2.5%. The median list price of listings available in April 2024 was $587,833, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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