NOT LISTED FOR SALE

5308 Lighthouse Bay Dr Madison, WI 53704

Estimated Value: $518,000 - $661,000

3 Beds
2.5 Baths
2,886 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $585,000 $203 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,306/month

48 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Main Floor Bedroom
  • Arboretum Elementary School Rated A
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of September 2021

Wow! What an opportunity to live on Lake Mendota in the Whaler’s Cove gated community! With your own private dock and lift, just bring your boat! Put your own personalized touch on this lovely custom-built condo. Enjoy a glass of wine on your screen porch or patio as you watch the sun set over the horizon. Views of the lake from most every room. Need a home office? Enjoy views of the lake from your spacious loft office, with extra storage and lots of room for your office equipment. Plenty of storage, something most condos are lacking. Private entry, 2-car extra deep garage. Primary suite on the main level with huge walk-in closet, one of two. All bedrooms are generous in size. Don't miss seeing this shared wall townhouse.

Last Agent to Sell the Property

Faith Morledge

Restaino & Associates License #57628-90 Listed on: 06/24/2021

Restaino & Associates

Last Buyer's Agent

Juli Stinson

Restaino & Associates License #83157-94

Restaino & Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1983

Lot Details

  • 9.99

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 2,886 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Den
  • Sun or Florida Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Halls are 36 inches wide or more

Schools

  • Call School District Elementary School
  • Waunakee Middle School
  • Waunakee High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener
  • Cable TV Available

Additional Features

  • Patio
  • Lake Front

Community Details

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 2 Units
  • Located in the Whalers Cove master-planned community
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 0809-271-1078-5

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,491

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Width of hallways 36in+
  • Items Excluded: sellers' personal property, dining chandelier
  • Items Included: refrigerator, range, wall oven/convection, wall microwave, dishwasher, washer/dryer, garage freezer, window coverings, garage opener/remotes, water softener, disposal, bar fridge, garage freezer
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Whalers Cove
  • Year Built: 1983
  • Above Grade Sold Price Per Sq Ft: 202.7
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 2886
  • Finished Above Grade Sq Ft: 2886
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 18x13, On Level: M
  • Bedroom 2: Dimensions: 14x17, On Level: U
  • Bedroom 3: Dimensions: 11x18, On Level: U
  • Kitchen: Dimensions: 9x18, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 17x13, On Level: M
  • Dining Room: Dimensions: 14x12, On Level: M
  • Family Room: Dimensions: 18x22, On Level: M
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Sun Room, Dimensions: 13x8, On Level: M
  • Other Room 2: Den/Office, Dimensions: 12x14, On Level: U
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 12x9
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, Water softener included, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Mendota
  • Exterior: Vinyl
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal sewer, Well
  • Parking Unit: 2 car Garage

Condo/Co-op/Association

  • Condo Fee Month: 500
  • Condo Management: Professional offsite
  • Units in Association: 10
  • Units In Building: 2

Schools

  • Elementary School: Call School District
  • High School: Waunakee
  • Middle School: Waunakee
  • School District: Waunakee

Lot Info

  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6491
  • Tax Year: 2020
  • Assessor Parcel Number: 0809-271-1078-5

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Wernick Mark H
Bought by
Wernick Fayette P
Current Estimated Value
$610,935

Purchase Details

Closed on
Sep 18, 2023
Sold by
Wernick Fayette Powers
Bought by
Powers John Gerald and Wernick Fayette Powers

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 10, 2021
Sold by
Pohlson William I and Pohlson Carole
Bought by
Wernick Mark H and Wernick Fayette P
Seller's Agent
Faith Morledge
Restaino & Associates
Buyer's Agent
Juli Stinson
Restaino & Associates
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wernick Fayette P -- None Listed On Document
Powers John Gerald $210,300 None Listed On Document
Wernick Mark H $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wernick Mark H $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $585,000 -10.0% $203 / Sq Ft
06/24/2021 06/24/21 For Sale $650,000 -- $225 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $7,562 $420,600 $159,000 $261,600
2023 $7,710 $420,600 $159,000 $261,600
2022 $7,060 $420,600 $159,000 $261,600
2021 $6,848 $420,600 $159,000 $261,600
2020 $6,491 $420,600 $159,000 $261,600
2019 $6,415 $420,600 $159,000 $261,600
2018 $5,920 $351,900 $130,000 $221,900
2017 $5,942 $351,900 $130,000 $221,900
2016 $5,859 $351,900 $130,000 $221,900
2015 $5,809 $351,900 $130,000 $221,900
2014 $5,601 $351,900 $130,000 $221,900
2013 $6,695 $351,900 $130,000 $221,900
Source: Public Records

Agents Affiliated with this Home

  • Faith Morledge

    Seller's Agent in 2021

    Faith Morledge

    Restaino & Associates

    (608) 444-8330

    2 in this area

    52 Total Sales

    Faith Morledge
    Section Image
  • Juli Stinson

    Buyer's Agent in 2021

    Juli Stinson

    Restaino & Associates

    (608) 335-3095

    3 in this area

    61 Total Sales

    Juli Stinson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913147

South Central Wisconsin Multiple Listing Service

APN: 0809-271-1078-5

Wisconsin Dane County Madison 53704

5308 Lighthouse Bay Dr, Madison, WI

Not Listed for Sale

Townhouses

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