$112,500
Last sold price
On Balsam Ln E, Rhinelander, WI 54501
Est. Refi. Payment $770/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 9, 2026 for $112,500 (10% below list price)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.90 | Lot/Land | $41,500 | 04/24/26 | - | - | ||
0.79 | Lot/Land | $36,500 | 09/09/26 | - | - | ||
1.75 | Lot/Land | $89,000 | 02/27/26 | - | - | ||
2.08 | Lot/Land | $113,850 | 12/12/25 | - | - | ||
1.72 | Lot/Land | $195,000 | 06/26/26 | - | - | ||
1.81 | Lot/Land | $200,000 | 10/10/25 | - | - | ||
2.75 | Lot/Land | $120,000 | 08/05/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.14 | $169,500 | 2 | 1 | 1,670 | Off Market | |
0.26 | $224,000 | 3 | 1 | 1,632 | For Sale | |
0.25 | $593,600 | 4 | 3.5 | 3,659 | Off Market | |
0.46 | $439,900 | 4 | 2 | 2,295 | For Sale | |
0.46 | $439,900 | 4 | 2 | 2,295 | For Sale | |
0.57 | - | - | - | - | Off Market | |
0.57 | $335,200 | 3 | 2 | 1,920 | Off Market | |
0.60 | - | - | - | - | Off Market | |
0.61 | $642,900 | 3 | 2 | 1,795 | Off Market | |
0.66 | - | - | - | - | Off Market | |
0.67 | $679,000 | 4 | 3 | 1,896 | Recently Sold |
Local Information
-- mins to
Home Highlights
Lot/Land
20 acre lot
About this House
Located on the north shore of Shepard Lake, this parcel offers over 20 acres in the heart of the Northwoods—ideal for outdoor activities. Interested in fishing? Shepard Lake is home to a variety of species, including panfish, walleye, northern pike, and musky. With more than 230 feet of lake frontage, you'll have access to enjoy the water however you choose. The lot consists mainly of low wetland but also features elevated areas with a cleared spot suitable for building. Take a closer look and start planning your future on this land today!
On Balsam Ln E, Rhinelander, WI 54501 is a lot/land. It last sold for $112,500 on Jan 9, 2026 (10% below the $125,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 17 hours ago
Listed by LUKE DURKEE, (715) 493-3179
REDMAN REALTY GROUP, LLC
Bought with: LUKE DURKEE, (715) 493-3179, REDMAN REALTY GROUP, LLC
Source: GNMLS, MLS#214713

Home Details for On Balsam Ln E
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Frontage WaterfrontWaterfront: Shoreline - Fisherman/WeedsRoad Frontage: Town RoadOn Waterfront |
Water & Sewer Water Body: SHEPARD |
Farm & Range Frontage Length: 230, 230 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: PL5811 |
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Price List Price: $125,000 |
Status Change & Dates Off Market Date: Fri Jan 09 2026Possession Timing: Closing |
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MLS Status: Closed |
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Direction & Address City: Rhinelander |
School Information High School: ON Rhinelander |
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Lot Area: 20 Acres |
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Business Information Ownership: Fee Simple |
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Mls Number: 214713Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-55085-N-PL5811-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 9, 2026 Source: GNMLS #214713 | Sold | $112,500 |
Dec 15, 2025 Source: GNMLS #214713 | Contingent | $125,000 |
Oct 16, 2025 Source: GNMLS #214713 | Listed For Sale | $125,000 |
Market trends in Rhinelander
Last updated August 2026
Avg. sale price
$265K
$9.58KMoM
Sale-to-List Price
—
Price per sq ft
$181
$9MoM
Available listings
74
6MoM
Around this home
What Locals Say about Rhinelander
At least 67 Trulia users voted on each feature.
94 % Say yards are well-kept
91 % Say it's dog friendly
89 % Say car is needed
88 % Say there's wildlife
86 % Say parking is easy
72 % Say people would walk alone at night
70 % Say there's holiday spirit
63 % Say kids play outside
62 % Say it's walkable to grocery stores
58 % Say neighbors are friendly
54 % Say it's walkable to restaurants
54 % Say it's quiet
49 % Say there are sidewalks
48 % Say streets are well-lit
45 % Say they plan to stay for at least 5 years
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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.
Frequently asked questions about On Balsam Ln E
- What is the price history for On Balsam Ln E?On Balsam Ln E in Rhinelander, WI last sold for $112,500 in January 2026.
- Is Rhinelander a buyer's or seller's market?Rhinelander is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Rhinelander?The median sale price in Rhinelander is $265K. That is down $9.58K from the prior month.
- What do residents say about Rhinelander?Residents describe Rhinelander, WI as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Rhinelander, WI.

