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$489,000

Listing Price

2beds

1baths

850sqft

4,792sqft lot

116 Balsam Rd, Wakefield, RI 02879

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

608.61

Price / sqft

1956

Year built

Home Details

Tucked away in the sought-after Ocean Ridge community, this charming cottage offers the perfect blend of comfort, character, and coastal living. With Deeded Water Rights and membership in the Ocean Ridge Civic Association (O.R.C.A.), youll enjoy exclusive access to a private beach on Green Hill Pond, kayak/canoe storage, two boat ramps, a 22-slip marina, beach pavilion, clubhouse, and vibrant year-round events.Whether youre a first-time buyer, downsizing, seeking a summer escape, or looking for a smart investment, this home fits the bill. The fenced backyard provides privacy and space to relax, entertain, or garden. Inside, the cozy interior is filled with warmth and natural light, while the dry basement with its efficient wood stove offers flexible space for storage, a home office, or guest overflow. Bike to nearby Charlestown Beach, or explore local caf s, restaurants, and ice cream shops just minutes away. With easy access to Route 1 and close proximity to URI, this home is ideally located for enjoying everything coastal Rhode Island has to offer. Embrace the laid-back lifestyle where every day feels like a vacation. Your coastal escape awaits in Ocean Ridge

Interior Details

Square Feet
  • 850

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Baseboard

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4792

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,331

$132,800

$97,700

--%

$230,500

2019

$3,331

$132,800

$97,700

--%

$230,500

2018

$3,241

$122,600

$84,100

--%

$206,700

2017

$3,165

$122,600

$84,100

--%

$206,700

2016

$3,119

$122,600

$84,100

--%

$206,700

2014

$2,923

$111,500

$77,300

--%

$188,800

2013

$2,921

$111,500

$77,300

--%

$188,800

2012

$2,962

$114,700

$89,600

--%

$204,300

percent-home-icon

Average Home Price in 02879

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$489,000

2 Beds

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Sold 10/12/2026

$499,900

2 Beds

1 Baths

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Sold 10/13/2026

$799,950

2 Beds

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30,056 Lot (sqft)

Sold 10/13/2026

$621,000

2 Beds

1 Baths

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Sold 10/13/2026

$558,294

3 Beds

1 Baths

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20,473 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
489,000
$
Down payment
97,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,934
$
HOA (Monthly)
0
$
PMI
0
$
$3,165
Your Payment
Total Monthly Payment:$3,165
Percent of Income:54%
Affordable:No

Details for 116 BALSAM RD

Property Debt

Foreclosure Contact Details

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