NOT LISTED FOR SALE

4739 E Balsam Ln Rhinelander, WI 54501

Estimated Value: $212,208 - $325,000

4 Beds
2 Baths
1,690 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $165,000 $98 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,550/month

28 Days on Market

Highlights

  • Wooded Lot
  • Double Oven
  • Cooling System Mounted To A Wall/Window
  • Ranch Style House
  • 2 Car Detached Garage
  • Shops

About This Home

As of September 2022

EAST BALSAM LANE HOME-Well-constructed older home offering 4 bedrooms, 2 baths & a full basement, all located just north of Rhinelander! A paved town road leads you to your blacktop drive and a 1.6-acre lot on a beautiful setting amongst soaring trees with an open yard. There’s a large entry/laundry room with bonus cabinetry that leads to the expansive kitchen with tile flooring and loads of cabinet and counter space! The flowing floor plan opens to the living room with large windows for viewing the scenic yard and all the Northwoods wildlife! All main level living and the poured concrete basement offers room for more square footage & plenty of storage. The 30 x 24 detached garage is insulated and heated. There’s natural gas hydronic heat and high-speed Internet available. Home & garage roof approximately 8 years old and there’s a drilled well. Home needs a new septic and at list price Seller will cure. Otherwise, let’s negotiate! Great family home in a great location!

Last Agent to Sell the Property

Sutten Stephan

SHOREWEST - EAGLE RIVER Listed on: 07/26/2022

SHOREWEST - EAGLE RIVER

Last Buyer's Agent

Kimberly Brixius

RE/MAX PROPERTY PROS - TOMAHAWK License #51270 - 90

RE/MAX PROPERTY PROS - TOMAHAWK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,427

Lot Details

  • 1.6 Acre Lot
  • Street terminates at a dead end
  • Landscaped
  • Wooded Lot
  • Zoning described as Recreational

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Driveway

Home Design

  • 1,690 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Kitchen

  • Double Oven
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Drilled Well
  • Electric Water Heater
  • Phone Available

Community Details

  • Shep Lake Estate Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02801-0581-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,427

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Shep Lake Estate
  • Directions: From Rhinelander: Hwy 17N (past Menards) to a Right onto E. Balsam Ln to First Home on Right, #4739
  • Above Grade Finished Sq Ft: 1530.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Double Oven, Dryer, Electric Water Heater, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Main Level Primary, Cable TV

Exterior Features

  • Lot Features: Dead End, Wooded
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Landscaping, Paved Driveway
  • Foundation Details: Poured
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - No
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Lot Size Sq Ft: 69696.0
  • Parcel #: 02801-0581-0002
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 1427.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 16, 2022
Sold by
Maney Thomas J
Bought by
Kilen Kevin K and Kilen Christine E
Seller's Agent
Sutten Stephan
SHOREWEST - EAGLE RIVER
Buyer's Agent
Kimberly Brixius
RE/MAX PROPERTY PROS - TOMAHAWK
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Views
114
Current Estimated Value
$260,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,302
Avg. Annual Appreciation
16.29%
Original Mortgage
$132,000
Outstanding Balance
$125,843
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$134,459
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Kilen Kevin K -- Northwoods Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilen Kevin K $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $165,000 -8.3% $98 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $179,900 -10.0% $106 / Sq Ft
07/26/2022 07/26/22 For Sale $199,900 -- $118 / Sq Ft
Source: Greater Northwoods MLS

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 $2,105 $124,400 $13,600 $110,800
2023 $2,029 $124,400 $13,600 $110,800
2022 $1,289 $117,400 $13,600 $103,800
2021 $1,985 $117,400 $13,600 $103,800
2020 $1,449 $117,400 $13,600 $103,800
2019 $1,441 $117,400 $13,600 $103,800
2018 $1,521 $117,400 $13,600 $103,800
2017 $1,509 $117,400 $13,600 $103,800
2016 $1,557 $117,400 $13,600 $103,800
2015 $1,496 $117,400 $13,600 $103,800
2014 $1,496 $117,400 $13,600 $103,800
2011 $1,502 $117,400 $13,600 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198139

Greater Northwoods MLS

APN: PL 581 2