NOT LISTED FOR SALE

8920 Balsam Ln Three Lakes, WI 54562

Estimated Value: $378,000 - $625,000

3 Beds
2 Baths
2,350 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $192,000 $82 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,942/month

392 Days on Market

Highlights

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

About This Home

As of June 2017

SEVEN MILE LAKE HOME - One of the best lakes in the Northwoods! The Nicolet National Forest is the largest land owner on the lake offering privacy, beautiful backdrop for relaxing quiet summer days. This lot has a beautiful wooded drive that leads to a level open area for the home and many garages. It does not lack any storage! There is a detached 2 car garage, a large 3 car garage PLUS a storage shed, wood shed and a storage building down my the lake. The house has the classic old fashion layout with the living room with a fireplace open to the dining room and kitchen all facing the lake. The deck is the width of the home offering the best feature of the property, views overlooking the beautiful waters of Sevenmile Lake with green forest in the background. There is a full basement with a walkout. This is your opportunity to create a home to suit you and your family's lifestyle. Buy it today and enjoy Sevenmile Lake all summer long .

Last Agent to Sell the Property

Denise Goldsworthy

RE/MAX PROPERTY PROS-MINOCQUA License #39293 - 90 Listed on: 05/24/2016

RE/MAX PROPERTY PROS-MINOCQUA

Last Buyer's Agent

Denise Goldsworthy

RE/MAX PROPERTY PROS-MINOCQUA License #39293 - 90 Listed on: 05/24/2016

RE/MAX PROPERTY PROS-MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 1972

Lot Details

  • 1.56 Acre Lot
  • Lot Dimensions are 100x828
  • Lake Front
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Tile Flooring
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Outbuilding

Schools

  • Three Lakes Elementary School
  • Three Lakes High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank
  • Phone Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 887-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,603

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x828
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: SEVENMILE
  • Ownership: Fee Simple
  • Directions: HWY 70 East (7.5 miles from HWY 70/45) Right on Military Road 3.4 miles Left on Knapp Road 0.9 miles Right on Balsam Lane to #8920 on Left
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 480.0
  • Fireplace Features: Free Standing, Multiple, Other, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed, Tile
  • Interior Amenities: Ceiling Fan(s), Main Level Primary

Exterior Features

  • Lot Features: Easy Access, Lake Front, Level, Private, Secluded, Sloped, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Out Building(s), Patio, Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Block, Poured
  • Other Structures: Garage(s), Outbuilding
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes

Lot Info

  • Lot Size Sq Ft: 67954.0
  • Parcel #: 887-8
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2603.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Jun 23, 2017
Sold by
Merriman Frederick L and Merriman Virginia E
Bought by
Spatt Mark C
Seller's Agent
Denise Goldsworthy
RE/MAX PROPERTY PROS-MINOCQUA
Buyer's Agent
Denise Goldsworthy
RE/MAX PROPERTY PROS-MINOCQUA
List Price
$285,000
Sold Price
$192,000
Premium/Discount to List
-$93,000
-32.63%
Current Estimated Value
$496,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,981
Avg. Annual Appreciation
12.22%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Spatt Mark C $192,000 Northwoods Title & Closing
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $192,000 -32.6% $82 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
05/26/2016 05/26/16 For Sale $285,000 -- $121 / 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 $2,803 $226,000 $123,500 $102,500
2023 $2,779 $226,000 $123,500 $102,500
2022 $2,165 $226,000 $123,500 $102,500
2021 $2,641 $226,000 $123,500 $102,500
2020 $2,336 $226,000 $123,500 $102,500
2019 $2,343 $226,000 $123,500 $102,500
2018 $2,345 $226,000 $123,500 $102,500
2017 $2,262 $228,600 $123,500 $105,100
2016 $2,603 $291,100 $143,100 $148,000
2015 $2,613 $291,100 $143,100 $148,000
2014 $2,613 $291,100 $143,100 $148,000
2011 $2,598 $291,100 $143,100 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 158142

Greater Northwoods MLS

APN: 03601-0887-0008