NOT LISTED FOR SALE

5293 Balsam Ln S Eagle River, WI 54521

Estimated Value: $424,000 - $777,000

2 Beds
2 Baths
1,295 Sq Ft
$451/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $325,000 $251 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,276/month

20 Days on Market

Highlights

  • Docks
  • River Front
  • Private Lot
  • Boat Ramp
  • Chalet
  • Wooded Lot

About This Home

As of July 2019

WOW! This chalet is so cool! Custom built with lots of character. The great room has a wall of windows that lead out to a patio overlooking the river for some fantastic views. Only about a mile north of Watersmeet Lake where you'll flow into the Eagle River Chain of 28 lakes. The main level offers a master bedroom, full bath with slate walk-in shower, the kitchen has stainless appliances, granite counter tops, and breakfast bar with custom wood bar top. The cabin was built around a giant tree that is the center piece of the great room, plus there is a cozy gas fireplace. Upstairs you'll find an open loft, and a guest bedroom with a private bathroom. The utility room offers a stacked washer and dryer too. Last fall the owner built a very nice 32 x 40 detached, insulated and heated garage which provides plenty of space for your fishing boat, snowmobiles, and ATV's! There is a private boat launch and a permanent pier. Most furnishings are included. You're going to love it!

Last Agent to Sell the Property

Richelle Kruse

ELIASON REALTY - ST GERMAIN License #45311 - 90 Listed on: 05/17/2019

Last Buyer's Agent

Lisa Eggman

RE/MAX PROPERTY PROS License #63631 - 94

RE/MAX PROPERTY PROS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2015

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 185x360
  • River Front
  • Rural Setting
  • South Facing Home
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Gravel Driveway

Home Design

  • Chalet
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,295 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Radiant Floor
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Boat Ramp
  • Docks
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Drilled Well
  • Tankless Water Heater
  • Gas Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14-1440

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size: 185x360
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: Wisconsin River
  • Ownership: Fee Simple
  • Directions: From Hwy 45, take County Hwy G west, left on Watersmeet Lake Rd, Left on Balsam Ln S to property on your left fire # 5293 & sign
  • Above Grade Finished Sq Ft: 1295.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Slate, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Private, Rural Lot, Secluded, Sloped, Wooded
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Boat Ramp/Lift Access, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Direction Faces: South
  • Exterior Features: Dock, Patio, Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Natural Gas, Radiant Floor
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, 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: 65340.0
  • Parcel #: 14-1440
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1956.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 3, 2019
Sold by
Woodley Craig S
Bought by
Lansing Paul W and Lansing Gretchen
Seller's Agent
Richelle Kruse
ELIASON REALTY - ST GERMAIN
Buyer's Agent
Lisa Eggman
RE/MAX PROPERTY PROS
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$584,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,552
Avg. Annual Appreciation
9.78%
Original Mortgage
$292,500
Outstanding Balance
$256,676
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$327,876

Purchase Details

Listed on
Jun 20, 2016
Closed on
Dec 18, 2016
Sold by
Wippich Derek D and Wippich Sarah J S
Bought by
Woodley Craig S
Seller's Agent
GARY LEMOINE
RE/MAX PROPERTY PROS
Buyer's Agent
ALLEN SIEMS
RE/MAX PROPERTY PROS
List Price
$259,000
Sold Price
$233,000
Premium/Discount to List
-$26,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$186,400
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2010
Sold by
Rehberg Keith A
Bought by
Wippich Derek D
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
Lansing Paul W $325,000 Vilas Title Service Inc
Woodley Craig S $233,000 Northwoods Title & Closing S
Wippich Derek D $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lansing Paul W $292,500
Previous Owner Woodley Craig S $186,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2019 07/10/19 Sold $325,000 0.0% $251 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $324,900 +39.4% $251 / Sq Ft
12/30/2016 12/30/16 Sold $233,000 -10.0% $182 / Sq Ft View Prior Sale
11/27/2016 11/27/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $259,000 -- $203 / 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 $2,226 $401,900 $197,700 $204,200
2023 $2,449 $401,900 $197,700 $204,200
2022 $2,391 $263,000 $121,100 $141,900
2021 $2,278 $258,500 $121,100 $137,400
2020 $2,288 $258,500 $121,100 $137,400
2019 $2,033 $228,900 $121,100 $107,800
2018 $1,956 $228,900 $121,100 $107,800
2017 $1,917 $228,900 $121,100 $107,800
2016 $1,965 $228,900 $121,100 $107,800
2015 $1,812 $217,100 $121,100 $96,000
2014 $1,606 $197,700 $121,100 $76,600
2013 $1,612 $196,300 $143,400 $52,900
Source: Public Records

Agents Affiliated with this Home

  • Richelle Kruse

    Seller's Agent in 2019

    Richelle Kruse

    ELIASON REALTY - ST GERMAIN

    (715) 891-1830

    157 Total Sales

    Richelle Kruse
    Section Image
  • Lisa Eggman

    Buyer's Agent in 2019

    Lisa Eggman

    RE/MAX

    (715) 360-6147

    119 Total Sales

    Lisa Eggman
    Section Image

  • G

    Seller's Agent in 2016

    GARY LEMOINE

    RE/MAX

  • A

    Buyer's Agent in 2016

    ALLEN SIEMS

    RE/MAX

See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 178078

Greater Northwoods MLS

APN: 14-1440

Wisconsin Vilas County Eagle River 54521

5293 Balsam Ln S, Eagle River, WI

This home is located at 5293 Balsam Ln S, Eagle River, WI 54521 since 17 May 2019 and is currently estimated at $584,552, approximately $451 per square foot. This property was built in 2015. 5293 Balsam Ln S is a home located in Vilas County with nearby schools including Northland Pines 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.

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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