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215 Park Dr Unit 4, Balsam Lake, WI, 54810

2beds
3baths
1,922sqft
$499,000
$260price/sqft
$3,559/moest. monthly cost
$142,360/yrincome needed

About This Home

Welcome to Lake Living at Liberty Cove!!! Cozy 2BR/3BA Townhome on Balsam Lake! Relax & enjoy the beautiful Views & Sunsets from the Upper Level Deck, Lower Level Porch or the shared Lakeshore Firepit! One Car Attached Garage, additional One Car Detached Garage & Dock space included for all Toys! Balsam Lake has so much to offer from great Fishing, Boating, Beach life to Snowmobile Trails! Great location, just minutes from Downtown Shops, Bars/Restaurants & Ice Cream/Coffee Shops! Start your Lake Life Today without all the work!!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Unity Elementary SchoolGrades PK-42.3 mi
7/10
Unity Middle SchoolGrades 5-82.3 mi
5/10
Unity High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Side x Side

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 240
  • Dimensions: 24x10

Bedroom2

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Deck

  • Level: Main
  • Area: 180
  • Dimensions: 18x10

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Family Room

  • Level: Lower
  • Area: 300
  • Dimensions: 20x15

Features

  • Finished area below ground: 688
  • Finished area above ground: 1,234

Heating & Cooling

  • Heating features: Baseboard,Ductless Mini-Split
  • Cooling features: Ductless Mini-Split

Interior Area

  • Total structure area: 1,922
  • Total interior livable area: 1,922 sqft

Kitchen

  • Level: Main
  • Area: 150
  • Dimensions: 15x10

Laundry

  • Level: Lower
  • Area: 48
  • Dimensions: 8x6

Living Room

  • Level: Main
  • Area: 135
  • Dimensions: 15x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 106006340000
  • Attached to another structure: Yes
  • Zoning description: Residential-Multi-Family
  • Foundation area: 688

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Patio,Porch
  • Has view: Yes
  • View description: Lake,North,West
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Bottom(Sand)

Lot

  • Lot size: 871.20 sqft
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 215 x 150

Parking

  • Total spaces: 2
  • Parking features: Attached,Detached Garage,Asphalt,Shared Driveway,Guest
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Strong Wind
Tornado
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$288$3,456
Property Taxes $568$6,816
Electricity $180$2,167
Total$3,559$42,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,022/yr
40% on housing$106,770/yr
45% on housing$94,906/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 54810$181
Polk County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 54810
Polk County$176

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$475,000
2026-06-30Price change$499,000
2026-04-27Listed for sale$549,900
2025-11-18Listing removed$579,900
2025-10-06Listed for sale$579,900
2025-09-09Listing removed$579,900
2025-08-26Price change$579,900
2025-08-07Price change$599,000
2025-07-03Price change$629,900
2025-05-30Listed for sale$639,900

For Sale by Agent

AgentJason McGrath
BrokerageRE/MAX Results

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