NOT LISTED FOR SALE

2261 Balsam Ln Eagle River, WI 54521

Estimated Value: $423,000 - $864,000

3 Beds
2 Baths
2,464 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2021

Last sale price $449,000 $182 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,547 / mo

65 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wooded Lot
  • Docks
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of May 2021

Circa 1949 lakefront lodge built on one of the nicest spots on Muskellunge Lake - full recreation waterway just west of Eagle River. Really one-of-a-kind, and part of a charming bygone era, this comfortable home will captivate you with it's open, pine ceilings and floor-to-roof line stone fireplace. Each end of the Great Room has a loft area, with two guest bedrooms and a remodeled full bath on one side; an open mezzanine on the other - could be a fine home office space. Original hardwood floors. Quaint built-in bar and dining hutch. Updated kitchen with granite counters and hickory cabinets. Hand painted wilderness murals. Giant wraparound 3 season glassed in porch, and a recent covered deck will provide areas for recreation and relaxation. 200+ feet sand bottom shore with permanent pier, and towering pines. 3 car garage. Fine location on a paved town road that has direct access to snowmobile, ATV/UTV routes, and the public boat launch, and just minutes from town.

Last Agent to Sell the Property

Pete Rondello

REDMAN REALTY GROUP, LLC License #44714 - 90 Listed on: 03/08/2021

Last Buyer's Agent

Julie Winter-Paez

RE/MAX PROPERTY PROS License #56796 - 90

RE/MAX PROPERTY PROS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1949

Lot Details

  • 2.06 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • South Facing Home
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Property Views
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 006-402-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,720

Year Built

Built in 1949

Lot Details

2.06 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: MUSKELLUNGE
  • Ownership: Fee Simple
  • Directions: Highway G west of Eagle River to left on Balsam Lane. Bear left at the T, and the property is on the right.
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1949
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Washer/Dryer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Stone, Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Deck, Dock
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 89734.0
  • Parcel #: 006-402-01
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2720.0
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 17, 2021
Sold by
Bought by
Seller's Agent
Pete Rondello
REDMAN REALTY GROUP, LLC
Buyer's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
List Price
$439,000
Sold Price
$449,000
Premium/Discount to List
$10,000
2.28%
Current Estimated Value
$633,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,867
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Aug 3, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$449,000 None Available
$379,900 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $449,000 +2.3% $182 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $439,000 -- $178 / Sq Ft
Source: Greater Northwoods MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,476 $498,500 $210,600 $287,900
2024 $3,019 $498,500 $210,600 $287,900
2023 $3,162 $498,500 $210,600 $287,900
2022 $2,912 $277,100 $157,500 $119,600
2021 $2,739 $277,100 $157,500 $119,600
2020 $2,720 $277,100 $157,500 $119,600
2019 $2,698 $277,100 $157,500 $119,600
2018 $2,658 $277,100 $157,500 $119,600
2017 $2,680 $277,100 $157,500 $119,600
2016 $2,416 $277,100 $157,500 $119,600
2015 $2,692 $300,200 $157,500 $142,700
2014 $2,638 $300,200 $157,500 $142,700
2013 $3,090 $300,200 $157,500 $142,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pete Rondello

    REDMAN REALTY GROUP, LLC

    Section Image
  • Julie Winter-Paez

    Buyer's Agent in 2021

    Julie Winter-Paez

    RE/MAX

    (715) 891-1236

    817 Total Sales

    Julie Winter-Paez
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 189421

Greater Northwoods MLS

APN: 6-402-01

Wisconsin Vilas County Eagle River 54521

2261 Balsam Ln, Eagle River, WI

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Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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