NOT LISTED FOR SALE

5338 Lighthouse Bay Dr Unit 2 Madison, WI 53704

Estimated Value: $355,000 - $487,000

2 Beds
2 Baths
1,460 Sq Ft
$359/ mo HOA Fee

Last Sold July 31, 2024

Last sale price $380,000 $260 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,872/month

8 Days on Market

Highlights

  • Community Boat Slip
  • Wooded Lot
  • Sun or Florida Room
  • Arboretum Elementary School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of July 2024

Showings start Friday, 6/7. Rare find! This ground-level condo feels like home in a nature's sanctuary setting. Inside boasts spacious, one-level living with a private 3-season porch and huge primary end suite bedroom with custom, 9x7 walk-in closet. Entire unit has views of Cherokee Marsh Conservancy alive with cranes, lush vegetation and wildlife. Second bedroom has French doors opening up to a sun room w/ 2nd full bath across the hall. Outside, enjoy private sitting area, designated boat slip, & tennis courts. One attached garage with additional outdoor parking. New roof and siding amongst other updates.

Last Agent to Sell the Property

Marca Andriesse

First Weber, Inc License #89460-94 Listed on: 06/01/2024

First Weber, Inc

Last Buyer's Agent

Tammy Krez

Stark Company, REALTORS License #53225-90

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Ranch Property
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • Electric Fireplace
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0809-271-0288-3

Community Details

Overview

  • Association fees include parking, hot water, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 4 Units
  • Located in the Lighthouse Bay II master-planned community
  • Greenbelt

Recreation

  • Community Boat Slip
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,180

Year Built

Built in 1988

Lot Details

4.17 Acres

HOA Fees

$359 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, End Unit
  • Items Excluded: Seller's personal property. Cabinets in primary bedroom.
  • Items Included: Stove, refrigerator, dishwasher, microwave, washer/dryer, one boat slip on lake Mendota in designated area.
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Lighthouse Bay II
  • Year Built: 1988
  • Above Grade Sold Price Per Sq Ft: 260.27
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1460
  • Finished Above Grade Sq Ft: 1460
  • Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 17x11, On Level: M
  • Bedroom 2: Dimensions: 12x12, On Level: M
  • Kitchen: Dimensions: 14x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x14, On Level: M
  • Dining Area: Dimensions: 13x11, On Level: M
  • Other Rooms: Sun Room, Three-Season
  • Other Room 1: Sun Room, Dimensions: 13x9, On Level: M
  • Other Room 2: Three-Season, Dimensions: 8x11, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 6x10
  • Basement: None
  • Fireplace: Electric, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Cable/Satellite Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Vinyl, Wood, Brick
  • Exterior Features: Patio, Wooded lot

Utilities

  • Fuel: Electric
  • Heating Cooling: Forced air, Heat pump, Central air
  • Water Waste: Municipal sewer, Well
  • Parking Unit: 1 car Garage, Attached, Opener inc

Condo/Co-op/Association

  • Common Amenities: Tennis court, Common Green Space, Boatslip/Pier
  • Condo Fee Month: 359
  • Condo Management: Unit Owners
  • Units in Association: 21
  • Units In Building: 4

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: 4180
  • Tax Year: 2023
  • Assessor Parcel Number: 0809-271-0288-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 31, 2024
Sold by
Moynihan-Bradt Carolyn J
Bought by
Sak Trust and Kell
Seller's Agent
Marca Andriesse
First Weber, Inc
Buyer's Agent
Tammy Krez
Stark Company, REALTORS
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
106
Current Estimated Value
$406,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,875
Avg. Annual Appreciation
4.23%
Original Mortgage
$323,000
Outstanding Balance
$317,041
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$89,834

Purchase Details

Closed on
Jan 29, 2021
Sold by
Bradt Mitchell Mcmillan and Bradt Minnesota Mccartney
Bought by
Moynihan-Bradt Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 12, 2019
Sold by
Roahen David
Bought by
Bradt Mitchell Mcmillan and Bradt Minnesota Mccartney
Seller's Agent
Wendy Grunewald Fahlgren
Century 21 Affiliated
Buyer's Agent
Chris Conrad
Conrad Development LLC
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$189,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 2, 2016
Sold by
Trapanese Richard D and Estate Of Joyce Berg
Bought by
Roahen David
Seller's Agent
Tony Tucci
Realty Executives Cooper Spransy
Buyer's Agent
Aaron Weber
Compass Real Estate Wisconsin
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sak Trust $380,000 None Listed On Document
Moynihan-Bradt Carolyn J $270,000 None Available
Bradt Mitchell Mcmillan $270,000 None Available
Roahen David $178,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sak Trust $323,000
Previous Owner Moynihan-Bradt Carolyn J $180,000
Previous Owner Bradt Mitchell Mcmillan $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $380,000 +1.3% $260 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $375,000 +38.9% $257 / Sq Ft
07/12/2019 07/12/19 Sold $270,000 -1.8% $185 / Sq Ft View Prior Sale
05/16/2019 05/16/19 For Sale $274,900 +1.8% $188 / Sq Ft
05/16/2019 05/16/19 Off Market $270,000 -- --
05/15/2019 05/15/19 For Sale $274,900 +54.4% $188 / Sq Ft
10/05/2016 10/05/16 Sold $178,000 -6.3% $102 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $190,000 -- $109 / 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
2025 $4,479 $362,100 $102,800 $259,300
2023 $4,180 $232,700 $75,000 $157,700
2022 $3,833 $232,700 $75,000 $157,700
2021 $3,708 $232,700 $75,000 $157,700
2020 $3,557 $232,700 $75,000 $157,700
2019 $3,504 $232,700 $75,000 $157,700
2018 $3,050 $183,300 $60,000 $123,300
2017 $3,299 $183,300 $60,000 $123,300
2016 $3,034 $183,300 $60,000 $123,300
2015 $3,021 $183,300 $60,000 $123,300
2014 $2,912 $183,300 $60,000 $123,300
2013 $3,036 $183,300 $60,000 $123,300
Source: Public Records

Agents Affiliated with this Home

  • Marca Andriesse

    Seller's Agent in 2024

    Marca Andriesse

    First Weber, Inc

    (608) 692-8453

    1 in this area

    35 Total Sales

    Marca Andriesse
    Section Image
  • Tammy Krez

    Buyer's Agent in 2024

    Tammy Krez

    Stark Company, REALTORS

    (608) 220-9795

    3 in this area

    147 Total Sales

    Tammy Krez
    Section Image
  • Chris Conrad

    Buyer's Agent in 2019

    Chris Conrad

    Conrad Development LLC

    (608) 345-9230

    71 Total Sales

    Chris Conrad
    Section Image
  • Tony Tucci

    Seller's Agent in 2016

    Tony Tucci

    Realty Executives

    (608) 219-9302

    267 Total Sales

    Tony Tucci
    Section Image
  • Aaron Weber

    Buyer's Agent in 2016

    Aaron Weber

    Compass Real Estate Wisconsin

    (608) 556-4179

    1 in this area

    445 Total Sales

    Aaron Weber
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1978501

South Central Wisconsin Multiple Listing Service

APN: 0809-271-0288-3

Wisconsin Dane County Madison 53704

5338 Lighthouse Bay Dr Unit 2, Madison, WI

Not Listed for Sale

Condos

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