$570,000
SOLD AUG 8, 2025

5173 Balsam Ln S Eagle River, WI 54521

3 Beds
2 Baths
1,920 Sq Ft
1.32 Acres

Recently Sold

$297 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • 135 Feet of Waterfront
  • Deck
  • Wooded Lot
  • Second Garage
  • Multiple Fireplaces
  • Vaulted Ceiling

About This Home

As of August 2025

Welcome to this move-in ready, partially finished, 3-bedroom, 2-bath home with stunning water views & incredible potential for nearly 4,000 finished square feet! Located on a quiet waterfront lot, this property offers a unique chance to personalize and add value with your finishing touches. Live here while you create your dream property! The kitchen has beautiful granite counter tops, newer appliances, large island and farm sink with window views of property. The primary bedroom has an updated bathroom, patio door to second level sundeck and large walk-in closet. The spacious outdoor deck offers Southern Waterfront Exposure. You can also enjoy the landscape sitting in your screened veranda. The basement offers a walkout with river views, bedroom, full bath and even a 10X16' gun safe! Buyer to verify all measurements and zoning. The home is hook-up ready for whole house generator.

Last Agent to Sell the Property

Jessica Svoke

First Weber Inc License #96770-94 Listed on: 06/06/2025

First Weber Inc

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1975

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 125x455
  • 135 Feet of Waterfront
  • River Front
  • Shore Act
  • Level Lot
  • Wooded Lot
  • Property is zoned single fam

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathroom on Main Level
  • Shower Only
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stubbed For A Bathroom
  • Crawl Space
  • Basement Windows

Parking

  • 3 Car Garage
  • Carport
  • Second Garage
  • Driveway Level
  • Unpaved Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Forced Air Cooling System
  • Well
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • Snowmobile Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,511

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Municipality: Lincoln
  • Status Detail: Sold
  • Mailing City: Eagle River
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Log Home
  • Items Excluded: Deer horn chandelier and seller's personal property.
  • Items Included: electric range, microwave, washer, dryer
  • Year Built: 1975
  • Above Grade Price Per Sq Ft: 635.16
  • Above Grade Sold Price Per Sq Ft: 579.27
  • Reso Accessibility Features: First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 984
  • Finished Non Exp Sq Ft: 936
  • Finished Sq Ft: 1920
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x14, On Level: M
  • Bedroom 2: Dimensions: 16x16, On Level: U
  • Bedroom 3: Dimensions: 15x13, On Level: L
  • Kitchen: Dimensions: 14X12, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Microwave
  • Living Room: Dimensions: 16x15, On Level: M
  • Dining Room: Dimensions: 9X12, On Level: M
  • Family Room: Dimensions: 24X15, On Level: L
  • Other Room 1: Other, Dimensions: 10x16, On Level: L
  • Laundry: Dimensions: 11x13, On Level: L
  • Basement: Full, Full Size Windows/Exposed, Walkout to yard, Partially finished, Crawl space, Stubbed for Bathroom, Block foundation
  • Fireplace: Wood, 3+ fireplaces
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Great room, Vaulted ceiling, Skylight(s), Washer, Dryer, Cable available, Internet- Fiber available, Internet - 5G Installed
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, River
  • Waterfront: Yes
  • Lake/River: Wisconsin
  • Waterfrontage: 135
  • Exterior: Log
  • Exterior Features: Deck, Patio, Storage building

Garage/Parking

  • Driveway: Unpaved
  • Garage: 1 car, 2 car, Attached, Detached, Carport, Additional Garage
  • Total Full Garage Stalls: 3

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Well

Schools

  • School District: Northland Pines
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Northland Pines

Lot Info

  • Assessor Parcel Number: 14-1427-01
  • Estimated Aces: 1.32
  • Farm Features: Outbuilding(s)
  • Lot Description: Wooded, On ATV/Snowmobile trail, Subject Shoreland Zoning
  • Lot Dimensions: 125X455
  • Zoning: single fam

Tax Info

  • Land Assessment: 170900
  • Improvements: 299100
  • Total Assessment: 470000
  • Assessment year: 2024
  • Net Taxes: 2511
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 23, 2015
Sold by
Wendelberger Elizabth and Wendelberger Mark W
Bought by
Schubring Brian and Schubring Lori
Seller's Agent
TODD STAEGE
ELIASON REALTY - EAGLE RIVER
Buyer's Agent
Mike Swisher
ELIASON REALTY - EAGLE RIVER
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$223,250
Outstanding Balance
$176,004
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$385,693

Purchase Details

Closed on
Dec 16, 2005
Sold by
Rehberg Urban A & Lois J
Bought by
Wendelberger Elizabeth and Wendelberger Mark W
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $235,000 Vilas Tuitle Service Inc
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,250 New Conventional
Previous Owner $177,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $570,000 -8.8% $297 / Sq Ft
06/06/2025 06/06/25 For Sale $625,000 +166.0% $326 / Sq Ft
07/28/2015 07/28/15 Sold $235,000 -6.0% $110 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $249,900 -- $117 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $2,511 $470,000 $170,900 $299,100
2023 $2,745 $471,800 $170,900 $300,900
2022 $2,426 $280,600 $94,400 $186,200
2021 $1,869 $212,900 $94,400 $118,500
2020 $1,877 $212,900 $94,400 $118,500
2019 $1,888 $212,900 $94,400 $118,500
2018 $1,817 $212,900 $94,400 $118,500
2017 $1,780 $212,900 $94,400 $118,500
2016 $1,824 $212,900 $94,400 $118,500
2015 $1,776 $212,900 $94,400 $118,500
2014 $1,733 $212,900 $94,400 $118,500
2013 $1,995 $241,800 $105,800 $136,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Svoke

    Seller's Agent in 2025

    Jessica Svoke

    First Weber Inc

    (715) 892-5750

    48 Total Sales

    Jessica Svoke
    Section Image

  • S

    Buyer's Agent in 2025

    SCWMLS Non-Member

    South Central Non-Member

  • T

    Seller's Agent in 2015

    TODD STAEGE

    ELIASON REALTY - EAGLE RIVER

  • Mike Swisher

    Buyer's Agent in 2015

    Mike Swisher

    ELIASON REALTY - EAGLE RIVER

    (715) 437-0181

    77 Total Sales

    Mike Swisher
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001742

South Central Wisconsin Multiple Listing Service

APN: 14-1427-01

Wisconsin Vilas County Eagle River 54521

5173 Balsam Ln S, Eagle River, WI

This home is located at 5173 Balsam Ln S, Eagle River, WI 54521 and is currently priced at $570,000, approximately $296 per square foot. This property was built in 1975. 5173 Balsam Ln S is a home located in Vilas County with nearby schools including Northland Pines High School and School of Options & Applied Research High School.

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.

South Central Wisconsin Multiple Listing Service 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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