NOT LISTED FOR SALE

5227 Balsam Ln S Eagle River, WI 54521

Eagle River Area

Estimated Value: $346,000 - $430,000

3 Beds
2 Baths
1,132 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2023

Last sale price $310,000 $274 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,311 / mo

284 Days on Market

Highlights

  • Docks
  • Deck
  • Landscaped
  • River Front
  • Open Patio
  • Forced Air Heating System

About This Home

As of May 2023

EAGLE RIVER CHAIN! Come see where the eagles soar! This 3 bedroom, 2 bath home has been completely remodeled. The lot has 142 ft of frontage on the Wisconsin River just north of Watersmeet Lake, with a gentle slope to the water and a pier installed for your use. Home is a raised ranch with new kitchen, new bath, new flooring, new windows, new furnace, new colors! Two car detached garage is adjacent, large deck facing the water; fisherman frontage but boat to your hearts content on 28 different lakes. Here is the good part.. $329,900!

Last Agent to Sell the Property

Jerry Burkett

CENTURY 21 BURKETT & ASSOC. Listed on: 07/08/2022

CENTURY 21 BURKETT & ASSOC.

Last Buyer's Agent

JOE MISINA

ELIASON REALTY - EAGLE RIVER License #94165 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1976

Lot Details

  • 1.11 Acre Lot
  • River Front
  • Landscaped

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14-1437-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1976

Lot Details

1.11 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: City Street
  • Water Body Name: Wisconsin River
  • Ownership: Fee Simple
  • Directions: Take 45 North, turn left on CTH G, turn left on Watersmeet Lake Rd. Keep left for Balsam Ln. Sign on property. 5227 Balsam Lane S.
  • Above Grade Finished Sq Ft: 998.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Range Hood, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 133.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Waterfront Features: Shoreline - Fisherman/Weeds, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Wood Siding
  • Exterior Features: Dock, Landscaping
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

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: 48352.0
  • Parcel #: 14-1437-01
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1582.0
  • Tax Year: 2022

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
Jul 8, 2022
Closed on
May 8, 2023
Sold by
Bought by
Seller's Agent
Jerry Burkett
CENTURY 21 BURKETT & ASSOC.
Buyer's Agent
JOE MISINA
ELIASON REALTY - EAGLE RIVER
List Price
$399,900
Sold Price
$310,000
Premium/Discount to List
-$89,900
-22.48%
Views
708
Current Estimated Value
$394,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,209
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 9, 2022
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
$310,000 Northwoods Title & Closing Ser
$165,000 Northwoods Title & Closing Ser
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
05/08/2023 05/08/23 Sold $310,000 -6.0% $274 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
12/31/2022 12/31/22 Price Changed $329,900 -5.7% $291 / Sq Ft
11/11/2022 11/11/22 Price Changed $349,900 -7.3% $309 / Sq Ft
10/12/2022 10/12/22 Price Changed $377,400 -3.2% $333 / Sq Ft
08/19/2022 08/19/22 Price Changed $389,900 -2.5% $344 / Sq Ft
07/13/2022 07/13/22 For Sale $399,900 -- $353 / 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 $1,958 $345,400 $160,700 $184,700
2024 $1,571 $302,600 $160,700 $141,900
2023 $1,877 $309,400 $160,700 $148,700
2022 $1,582 $175,400 $97,300 $78,100
2021 $1,389 $175,400 $97,300 $78,100
2020 $1,440 $175,400 $97,300 $78,100
2019 $1,432 $175,400 $97,300 $78,100
2018 $1,389 $175,400 $97,300 $78,100
2017 $1,387 $175,400 $97,300 $78,100
2016 $1,419 $175,400 $97,300 $78,100
2015 $1,457 $175,400 $97,300 $78,100
2014 $1,421 $175,400 $97,300 $78,100
2013 $1,427 $174,300 $89,000 $85,300
Source: Public Records

Agents Affiliated with this Home

  • Jerry Burkett

    Seller's Agent in 2023

    Jerry Burkett

    CENTURY 21 BURKETT & ASSOC.

    (715) 891-1501

    258 Total Sales

    Jerry Burkett
    Section Image

  • J

    Buyer's Agent in 2023

    JOE MISINA

    ELIASON REALTY - EAGLE RIVER

    (715) 891-7701

    140 Total Sales

    JOE MISINA
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 197896

Greater Northwoods MLS

APN: 14-1437-01

Wisconsin Vilas County Eagle River 54521

5227 Balsam Ln S, 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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