NOT LISTED FOR SALE

2205 Balsam Ln Eagle River, WI 54521

Estimated Value: $388,000 - $690,510

4 Beds
2 Baths
1,650 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $193,000 $117 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,950/month

304 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wood Flooring
  • Docks
  • Wooded Lot
  • 1 Car Attached Garage

About This Home

As of July 2020

MUSKELLUNGE LAKE GET-A-WAY - Wonderful year-round home with 100'of gently sloped natural frontage on fully recreational Muskellunge Lake! This quality lake is known for its great fishing, as well as for being a nature lover's paradise with eagles, loons, otters and many other wildlife species. The location is central between Eagle River and St Germain. The home's main level features original hardwood flooring, a wood-burning brick fireplace, a neat breakfast nook, 3 bedrooms and an open kitchen/dining area. The lower level is mostly finished offering warm wood walls, a wood-burning stove, a large bedroom, a storage cellar, a full bath and a laundry area. There's also a beautiful yard, a spacious circular drive, an insulated attached garage, a covered woodshed and an additional storage shed with attached screen porch. Great primary use lake home, vacation escape or recreational rental property (buyer to confirm with Vilas County Zoning). Call today!

Last Agent to Sell the Property

Sutten Stephan

SHOREWEST - EAGLE RIVER Listed on: 09/12/2019

SHOREWEST - EAGLE RIVER

Last Buyer's Agent

Angie Rothmeier

ELIASON REALTY - EAGLE RIVER License #89688 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Lot Details

  • 1.56 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Zero Clearance Fireplace
  • Fireplace Features Masonry
  • Pull Down Stairs to Attic
  • Washer Hookup
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Basement Cellar
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Docks
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Well
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6-194

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Lot Details

1.56 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved, Unimproved
  • Water Body Name: MUSKELLUNGE
  • Ownership: Fee Simple,Trust
  • Directions: From Eagle River Hwy 45N to a Left onto CTH G. Follow 7 miles to a Left onto Balsam Ln. Stay Left at 'T' to #2205 on Right
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator
  • Has Basement: Daylight, Egress Windows, Full, Interior Entry, Partially Finished, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 530.0
  • Fireplace Features: Free Standing, Masonry, Wood Burning, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Pull Down Attic Stairs

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Landscaping, Out Building(s)
  • Foundation Details: Block, Cellar
  • Other Structures: Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Storage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Propane, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - No, Conventional Sewer
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 67954.0
  • Parcel #: 6-194
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1995.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jul 14, 2020
Sold by
Schneeweis John R and Schneeweis Kelly J
Bought by
Finch Timothy A and Lear Finch Kimberly
Seller's Agent
Sutten Stephan
SHOREWEST - EAGLE RIVER
Buyer's Agent
Angie Rothmeier
ELIASON REALTY - EAGLE RIVER
List Price
$239,000
Sold Price
$193,000
Premium/Discount to List
-$46,000
-19.25%
Current Estimated Value
$521,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,628
Avg. Annual Appreciation
19.13%
Original Mortgage
$154,400
Outstanding Balance
$135,648
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$385,980

Purchase Details

Closed on
Feb 28, 2013
Sold by
Prentice Nancy M
Bought by
Prentice Nancy M and Nancy M Prentice Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Finch Timothy A $96,500 Northwood Ttl & Closing Svcs
Finch Timothy A $96,500 Northwood Ttl & Closing Svcs
Prentice Nancy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finch Timothy A $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $193,000 -19.2% $117 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
09/16/2019 09/16/19 For Sale $239,000 -- $145 / Sq Ft
Source: Greater Northwoods MLS

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
2025 $1,943 $654,200 $215,000 $439,200
2024 $1,987 $654,200 $215,000 $439,200
2023 $2,079 $654,200 $215,000 $439,200
2022 $2,066 $197,600 $113,500 $84,100
2021 $1,941 $197,600 $113,500 $84,100
2020 $1,999 $197,600 $113,500 $84,100
2019 $1,995 $197,600 $113,500 $84,100
2018 $1,955 $197,600 $113,500 $84,100
2017 $1,951 $197,600 $113,500 $84,100
2016 $1,766 $197,600 $113,500 $84,100
2015 $1,946 $218,200 $113,500 $104,700
2014 $1,907 $218,200 $113,500 $104,700
2013 -- $218,200 $113,500 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 181167

Greater Northwoods MLS

APN: 6-194

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