NOT LISTED FOR SALE

2325 Balsam Ln Eagle River, WI 54521

Eagle River Area

Estimated Value: $361,000 - $1,254,000

3 Beds
1 Bath
1,350 Sq Ft
$541/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2020

Last sale price $235,000 $174 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $4,235 / mo

76 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wooded Lot
  • Docks
  • Private Lot
  • Wood Flooring

About This Home

As of October 2020

Located in a recreational haven is this 3-bedroom, 1 bath year-round cabin situated on 4-acre lot with approximately 290 feet of frontage on 272-acre Muskellunge Lake, a great fishing lake. The home feature a field stone wood burning fireplace, a large lake side screen porch, lots of storage, interior & exterior entrance to the basement and much more. There is a two-car detached garage to store the toys. This property is heavily wood with huge towering pines and is level to the water's edge. The lot abuts thousands of acres of county recreational lands for hunting and exploring to your hearts content. There are snowmobile and ATV/UTV trials nearby as well for your enjoyment. This property has just what you are looking for and is waiting for a new owner to personalize the cabin and enjoy the Northern Wisconsin way of life. Call today to for a personal showing and the opportunity to make this property your own!!!

Last Agent to Sell the Property

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 08/10/2020

Last Buyer's Agent

Chris Hiller

RE/MAX PROPERTY PROS - MINOCQUA License #45291 - 94

RE/MAX PROPERTY PROS - MINOCQUA

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,043

Lot Details

  • 4.19 Acre Lot
  • Lot Dimensions are 298x582
  • Lake Front
  • The property's road front is unimproved
  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • South Facing Home
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Stone Fireplace
  • Washer Hookup
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Docks

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

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

Community Details

  • Property is near a preserve or public land
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 6-471

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,043

Lot Details

4.19 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 298x582
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: MUSKELLUNGE
  • Ownership: Fee Simple
  • Directions: From the intersection of Hwy 17 & Hwy 45 in Eagle River go N on Hwy 45 2 miles to a left on County G, 6.9 miles to a left on Balsam Ln, .9 miles going right at the T to sign and fire # 2325.
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Propane Water Heater, Refrigerator
  • Has Basement: Daylight, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 572.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Wood

Exterior Features

  • Lot Features: Adjacent To Public Land, Dead End, Lake Front, Level, Private, Rural Lot, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Direction Faces: South
  • Exterior Features: Dock, Gravel Driveway
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 182516.0
  • Parcel #: 6-471
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3043.0
  • Tax Year: 2019

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
Aug 10, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Scott Freimuth
NORWISREALTY.COM LLC
Buyer's Agent
Chris Hiller
RE/MAX PROPERTY PROS - MINOCQUA
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Current Estimated Value
$730,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,274
Avg. Annual Appreciation
21.76%
Original Mortgage
$188,000
Outstanding Balance
$164,163
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$566,111
Source: Public Records

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
$235,000 Oneida Title & Abstract Inc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $188,000
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
10/30/2020 10/30/20 Sold $235,000 -12.9% $174 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $269,900 -- $200 / 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 $2,655 $929,200 $510,000 $419,200
2024 $2,715 $929,200 $510,000 $419,200
2023 $2,842 $929,200 $510,000 $419,200
2022 $3,149 $299,300 $213,600 $85,700
2021 $2,961 $299,300 $213,600 $85,700
2020 $3,049 $299,300 $213,600 $85,700
2019 $3,043 $299,300 $213,600 $85,700
2018 $3,067 $299,300 $213,600 $85,700
2017 $2,904 $299,300 $213,600 $85,700
2016 $2,619 $299,300 $213,600 $85,700
2015 $2,675 $298,400 $201,500 $96,900
2014 $2,622 $298,400 $201,500 $96,900
2013 $3,071 $298,400 $201,500 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Scott Freimuth Real Estate Agent - NORWISREALTY.COM LLC

    Seller's Agent in 2020

    Scott Freimuth

    NORWISREALTY.COM LLC

    (800) 886-4596

    99 Total Sales

    Scott Freimuth
    Section Image
  • Chris Hiller Real Estate Agent - RE/MAX

    Buyer's Agent in 2020

    Chris Hiller

    RE/MAX

    (715) 892-0078

    130 Total Sales

    Chris Hiller
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 186624

Greater Northwoods MLS

APN: 6-471

Wisconsin Vilas County Eagle River 54521

2325 Balsam Ln, Eagle River, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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