NOT LISTED FOR SALE

1725E E Forest Cir Balsam Lake, WI 54810

Estimated Value: $639,000 - $1,441,000

3 Beds
3 Baths
3,041 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $1,785,000 $587 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $7,000/month

63 Days on Market

Highlights

  • 572 Feet of Waterfront
  • No HOA
  • Walk-In Pantry
  • Home Theater
  • Screened Porch
  • The kitchen features windows

About This Home

As of September 2024

Views, views and more views! Discover this exceptional point property nestled on a private peninsula on the stunning shores of Balsam Lake. This unique property spans two lake lots adorned with mature trees and an estimated 572 feet of water frontage on 1.25 acres, offering unparalleled tranquility and natural beauty. Enjoy breathtaking sunrises and sunsets from multiple vantage points. The home features cathedral ceilings and panoramic lake views, seamlessly blending indoor and outdoor living. With multiple docks and a boat house equipped with electric track systems, waterfront activities are effortlessly accessible. A gentle slope to the lake & expansive yard enhances the property's appeal, perfect for relaxation or entertaining guests. Whether hosting gatherings inside or enjoying the serene outdoors, this property has it all. Just minutes from the town of Balsam Lake & a little over an hour from the Twin Cities. Balsam Lake is a fully recreational lake with direct access to the town, where you can enjoy many eateries and shopping.

Last Listed By

Nichole Reed

Edina Realty, Inc. Listed on: 07/15/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,328

Year Built

  • Built in 1960

Lot Details

  • 1.25 Acre Lot
  • 572 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Screened Porch

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Drilled Well

Community Details

  • No Home Owners Association
  • Balsam Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 006011420000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,328

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1742
  • Water Body Name: Balsam Lake
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 3041
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1299
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Media Room, Bedroom 2, Bedroom 3, Laundry, Screened Porch, Pantry (Walk-In)
  • SqFtTotal: 3484.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: East, North, Panoramic, West
  • Other Structures: Boat House, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Screened,Side Porch
  • Lake Acres: 1901
  • Lake Bottom: Hard,Rocky,Sand,Weeds
  • LakeChain: N
  • Waterfront Frontage: 572

Garage/Parking

  • Parking Features: Attached Garage, Gravel
  • Garage Square Feet: 598
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Panoramic View,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

  • Junior High Dist: Unity
  • SchoolDistrictNumber: W238
  • SchoolDistrictPhone: 715-825-3515

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Point property
  • Lot Size Sq Ft: 54450
  • Land Lease: No
  • Lot Features: Island/Peninsula, Tree Coverage - Heavy
  • Additional Parcels Description: 006011410000
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Log Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 006011420000
  • Tax Annual Amount: 9328
  • TaxWithAssessments: 9328.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2009
Sold by
Hanson Gordon N
Bought by
Hanson Gordon N
Total Days on Market
63
Current Estimated Value
$1,147,890

Range of Values:

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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
Hanson Gordon N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Gordon N $115,000
Closed Hanson Gordon N $100,000
Closed Hanson Gordon N $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,785,000 -6.1% $587 / Sq Ft
08/13/2024 08/13/24 Price Changed $1,900,000 -9.5% $625 / Sq Ft
07/18/2024 07/18/24 For Sale $2,100,000 -- $691 / Sq Ft
Source: NorthstarMLS

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 $7,635 $727,800 $391,700 $336,100
2023 $7,228 $727,800 $391,700 $336,100
2022 $7,814 $609,200 $326,400 $282,800
2021 $7,202 $455,200 $241,800 $213,400
2020 $7,307 $455,200 $241,800 $213,400
2019 $7,096 $455,200 $241,800 $213,400
2018 $8,096 $455,200 $241,800 $213,400
2017 $7,388 $455,200 $241,800 $213,400
2016 $7,324 $455,200 $241,800 $213,400
2015 $7,438 $455,200 $241,800 $213,400
2013 $7,947 $455,200 $241,800 $213,400
2012 $7,748 $468,000 $241,800 $226,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6565419

NorthstarMLS

APN: 006-01142-0000