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1431A 188th Ave, Balsam Lake, WI, 54810

$2,450,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
1 Full Bath, 1 Partial
5,145 SqFt
$476/SqFt
House

Location

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1431A 188th Ave, Balsam Lake$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Gravel, Heated Garage, Insulated Garage, Underground
Attached Garage2 spaces
Year Built2002
HeatingBaseboard, Steam, Ductless
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceLiving Room, Stone, Wood Burning
ViewLake, Panoramic
MLS #6604849
StatusActive

About 1431A 188th Ave

Welcome to this exceptional lake home on Little Balsam! Perfectly situated on 5.08 acres with 242 feet of pristine shoreline, this 5 bedroom home is the perfect place to entertain, relax, and enjoy all that Balsam Lake has to offer. When you enter this exquisite property, you are greeted by a large entry that leads into a spacious chef’s kitchen, large living spaces, and eat-in dining area. The vast screened porch just off the main living room offers an additional oversized area perfect for enjoying the stunning panoramic views of Balsam Lake. The second floor features a large primary suite with soaking tub, two additional bedrooms and another bath. The lower level offers a recreation space, bedroom, bath, and gorgeous porch area overlooking the beautifully landscaped exterior. A well-designed addition completed in 2022 includes a sizeable laundry/mud room off the 2 car heated garage, and 2 large rooms above the garage ideal for guest quarters, an office, or additional rec space.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 5,145 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Basement: Yes
  • Fireplace: Living Room, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Gravel, Heated Garage, Insulated Garage, Underground

Virtual/3D Tour

  • 3D Tour: 1431A 188th Ave
3D Tour

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Ductless
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Highway 46 to 190th Ave. East to 188th Ave, east to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $476/SqFt

Tax Information:

  • Annual Amount: $13,772
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Balsam Lake, WI.

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Balsam Lake, WI

City

Med. Sold Price

$350K

Med. Price/SqFt

$197

Avg. Days On Market

65

# of Sold Homes

10

1431A 188th Ave vs Balsam Lake

51 DAYS ON ROCKET

-14 Days

$2,450,000

+$2.1M More

$476/SqFt

+$278 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $278/SqFt more than other homes in Balsam Lake, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6604849

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/10/2024, 4:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,772$778,000
2019$13,466$778,000
2018$12,743$778,000
2017$12,418$778,000

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-840723
3
/10

  • Unity Elementary School

  • 1908 150th St # 46

  • 0.90 miles

  • Public District Grades PK-4

school-card-donut-840724
3
/10

  • Luck Elementary School

  • 810 S 7th St

  • 6.39 miles

  • Public District Grades PK-5

school-card-donut-840725
7
/10

  • Saint Croix Falls Elementary School

  • 651 E Louisiana St

  • 10.09 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,712. The most common annual income of people living in Balsam Lake, WI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1431A 188th Ave

What is the listing price of this property?

The listing price of 1431A 188th Ave property is $2,450,000.

What type of property is this?

The property 1431A 188th Ave is a house located in Balsam Lake, Wisconsin, 54810.

Is this property for sale now?

Active Listing: 1431A 188th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,772 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1431A 188th Ave has 5 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1431A 188th Ave is 5,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1431A 188th Ave is 2002.

Rocket Homes›Wisconsin›Polk County›Balsam Lake›54810›1431A 188th Ave

This home is located at 1431A 188th Ave in Balsam Lake, WI and zip code 54810. This 5,145 square foot home was built in 2002. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $2,450,000.

In October 2024, from all listings sold in Balsam Lake, WI there were more than 2 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Balsam Lake, WI real estate market has seen decrease in the number of listings by 5.9%. In October 2024 median list price was $350,000 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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