NOT LISTED FOR SALE

5331 Lighthouse Bay Dr Madison, WI 53704

Westport Area

Estimated Value: $540,167 - $832,000

2 Beds
2.5 Baths
2,218 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $545,000 $246 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,320 / mo

120 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Deck
  • Arboretum Elementary School Rated A
  • Open Floorplan
  • Multiple Fireplaces

About This Home

As of January 2021

Rare Find! This well-appointed professionally decorated waterfront home is not to be missed. Tranquil setting on the edge of the water, surrounded by nature and adjacent green space. Enjoy morning coffee, lunch, and dinner all from your private deck, sun or shade, with electronic awning. Amenities include tennis courts and boat slip for easy access to all the lake has to offer. Beautifully adorned crown molding, vaulted ceiling, sun-filled home. Master en suite with jetted tub and walk-in shower, walk-in closet, patio door to deck, and gas fireplace. Need 3rd BR? convert upstairs family room, complete with balcony overlooking the lake.

Last Agent to Sell the Property

Faith Morledge

Restaino & Associates License #57628-90 Listed on: 07/15/2020

Restaino & Associates

Last Buyer's Agent

Faith Morledge

Restaino & Associates License #57628-90 Listed on: 07/15/2020

Restaino & Associates

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • End Unit
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,218 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Great Room
  • Den
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

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

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0809-271-0161-5

Community Details

Overview

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 2 Units
  • Located in the Lighthouse Bay II master-planned community

Recreation

  • Community Boat Slip
  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,244

Year Built

Built in 1988

Lot Details

4.17 Acres

HOA Fees

$394 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story, Shared Wall/Half duplex, End Unit
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot, Width of hallways 36in+, Door openings 29in+
  • Items Included: range/oven, refrigerator, dishwasher, microwave, disposal, window treatments, garage door opener/remotes, water softener, reverse osmosis, instant hot water dispenser
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lighthouse Bay II
  • Year Built: 1988
  • Above Grade Sold Price Per Sq Ft: 245.72
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 2218
  • Finished Above Grade Sq Ft: 2218
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x14, On Level: M
  • Bedroom 2: Dimensions: 13x12, On Level: U
  • Kitchen: Dimensions: 10x10, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x14, On Level: M
  • Dining Room: Dimensions: 14x14, On Level: M
  • Dining Area: Dimensions: 8x7, On Level: M
  • Family Room: Dimensions: 12x14, On Level: U
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 10x14, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Water softener included, Security system for Unit, Jetted bathtub, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Exterior: Aluminum/Steel
  • Exterior Features: Private Entry, Deck/Balcony, Wooded lot

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Tennis court, Boatslip/Pier
  • Condo Fee Month: 394
  • Condo Management: Unit Owners
  • Units in Association: 6
  • 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: 5244
  • Tax Year: 2019
  • Assessor Parcel Number: 0809-271-0161-5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Bought by
Current Estimated Value
$628,542

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jan 29, 2021
Sold by
Bought by
Seller's Agent
Faith Morledge
Restaino & Associates
Buyer's Agent
Faith Morledge
Restaino & Associates
List Price
$569,900
Sold Price
$545,000
Premium/Discount to List
-$24,900
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
Feb 18, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, WI

  • Mary Browning Real Estate Agent - Compass Real Estate Wisconsin

    Mary Browning

    Compass Real Estate Wisconsin

    (608) 292-3610

    108 Total Sales

    2 in Westport

    $440K - $475K Price Range

    Mary Browning
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  • Tommy Van Ess Real Estate Agent - First Weber Inc

    Tommy Van Ess

    First Weber Inc

    (608) 292-3518

    199 Total Sales

    1 in Westport

    $325,000 Price

    Tommy Van Ess
     Section Image
  • Lauren Martinson Real Estate Agent - RE/MAX Preferred

    Lauren Martinson

    RE/MAX Preferred

    (608) 440-9439

    29 Total Sales

    1 in Westport

    $260,000 Price

    Lauren Martinson
     Section Image
  • Michael Leeson Real Estate Agent - Realty Executives Cooper Spransy

    Michael Leeson

    Realty Executives Cooper Spransy

    (608) 292-6702

    197 Total Sales

    1 in Westport

    $642,500 Price

    Michael Leeson
     Section Image
  • Paula Dollard Real Estate Agent - Bunbury & Assoc, REALTORS

    Paula Dollard

    Bunbury & Assoc, REALTORS

    (608) 292-6255

    61 Total Sales

    1 in Westport

    $745,000 Price

    Paula Dollard
     Section Image
  • Anne Baranski Real Estate Agent - Y Realty

    Anne Baranski

    Y Realty

    (608) 292-5272

    96 Total Sales

    1 in Westport

    $499,900 Price

    Anne Baranski
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$545,000 Nations Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $225,000
Previous Owner $252,000
Previous Owner $285,000
Previous Owner $345,500
Previous Owner $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $545,000 -4.4% $246 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $569,900 +4.6% $257 / Sq Ft
07/16/2020 07/16/20 Off Market $545,000 -- --
07/15/2020 07/15/20 For Sale $569,900 -- $257 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,656 $455,100 $102,800 $352,300
2024 $5,925 $331,200 $75,000 $256,200
2023 $6,031 $331,200 $75,000 $256,200
2022 $5,525 $331,200 $75,000 $256,200
2021 $5,643 $331,200 $75,000 $256,200
2020 $5,285 $331,200 $75,000 $256,200
2019 $5,244 $331,200 $75,000 $256,200
2018 $5,015 $287,900 $60,000 $227,900
2017 $4,992 $287,900 $60,000 $227,900
2016 $4,933 $287,900 $60,000 $227,900
2015 $4,872 $287,900 $60,000 $227,900
2014 $4,705 $287,900 $60,000 $227,900
2013 $4,870 $287,900 $60,000 $227,900
Source: Public Records

Agents Affiliated with this Home

  • Faith Morledge Real Estate Agent - Restaino & Associates

    Seller's Agent in 2021

    Faith Morledge

    Restaino & Associates

    (608) 444-8330

    44 Total Sales

    Faith Morledge
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1888536

South Central Wisconsin Multiple Listing Service

APN: 0809-271-0161-5

Wisconsin Dane County Madison 53704

5331 Lighthouse Bay Dr, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service 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.

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