NOT LISTED FOR SALE

5338 Lighthouse Bay Dr Unit 3 Madison, WI 53704

Estimated Value: $392,000 - $478,000

3 Beds
2.5 Baths
1,896 Sq Ft
$374/mo HOA Fee

Last Sold October 26, 2015

Last sale price $182,000 $96 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,964/month

8 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Open Floorplan
  • Arboretum Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of October 2015

Spacious 2-3 bedroom/loft condo w/access to Lake Mendota and Yahara River. Enjoy serene setting with natural light from vaulted ceilings, skylights, and large windows. Updates: kitchen w/stainless appliances (dishwasher, disposal, wine fridge, lighting), bathrooms, 6 panel doors thruout. Large master suite features tile shower w/built in speakers & walk-in closet. Amenities include: Private floating dock system, personal boat slip, canoe/kayak rack, and tennis courts. Private laundry. Attached 2 car garage.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 09/08/2015

Last Buyer's Agent

Aaron Weber

Compass Real Estate Wisconsin License #56448-90

Compass Real Estate Wisconsin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Garden Home
  • Ranch Property
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,896 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Sun or Florida Room
  • Water Views
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Tandem Parking
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Water Access
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0809-271-0298-1

Community Details

Overview

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

Recreation

  • Community Boat Slip
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,434

Year Built

Built in 1986

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Garden, End Unit
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Included: All window coverings
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Lighthouse Bay
  • Year Built: 1986
  • Above Grade Sold Price Per Sq Ft: 95.99
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1896
  • Finished Above Grade Sq Ft: 1896
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 17x11, On Level: M
  • Bedroom 2: Dimensions: 11x9, On Level: M
  • Bedroom 3: Dimensions: 20x14, On Level: U
  • Kitchen: Dimensions: 22x12, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x12, On Level: M
  • Dining Room: Dimensions: 10x10, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 13x9, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 6x5
  • Basement: None
  • Fireplace: Wood
  • Interior Amenities: Walk-in closet(s), Great room, Vaulted ceiling, Skylight(s), Washer, Dryer, Intercom, Jetted bathtub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Waterview-No frontage, Deeded access-No frontage, Lake
  • Lake/River: Mendota
  • Exterior: Aluminum/Steel, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Tennis court, Boatslip/Pier
  • Condo Fee Month: 374
  • 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: 3434
  • Tax Year: 2014
  • Assessor Parcel Number: 0809-271-0298-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Fricano Peter and Fricano Susan L
Bought by
Fricano Peter and Fricano Susan L
Current Estimated Value
$417,958

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 26, 2015
Sold by
Ivanowski Nathan P
Bought by
Fricano Peter and Fricano Susan
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Aaron Weber
Compass Real Estate Wisconsin
List Price
$182,500
Sold Price
$182,000
Premium/Discount to List
-$500
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$101,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Smith Michael
Bought by
Ivanowski Nathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Mucklow Belinda
Bought by
Ivanowski Nathan P and Smith Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Fricano Peter -- Attorney
Fricano Peter $182,000 Attorney
Ivanowski Nathan P $99,500 None Available
Ivanowski Nathan P $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fricano Peter $101,000
Previous Owner Ivanowski Nathan P $179,100
Previous Owner Ivanowski Nathan P $189,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2015 10/26/15 Sold $182,000 -0.3% $96 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $182,500 -1.4% $96 / Sq Ft
03/01/2012 03/01/12 Sold $185,000 -15.5% $98 / Sq Ft View Prior Sale
08/29/2011 08/29/11 Pending -- -- --
03/01/2011 03/01/11 For Sale $219,000 -- $116 / 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
2023 $4,772 $248,200 $75,000 $173,200
2022 $4,370 $248,200 $75,000 $173,200
2021 $4,256 $248,200 $75,000 $173,200
2020 $3,988 $248,200 $75,000 $173,200
2019 $3,958 $248,200 $75,000 $173,200
2018 $3,658 $208,200 $60,000 $148,200
2017 $3,641 $208,200 $60,000 $148,200
2016 $3,598 $208,200 $60,000 $148,200
2015 $3,554 $208,200 $60,000 $148,200
2014 $3,434 $208,200 $60,000 $148,200
2013 $3,448 $208,200 $60,000 $148,200
Source: Public Records

Agents Affiliated with this Home

  • Daniel Tenney

    Seller's Agent in 2015

    Daniel Tenney

    MHB Real Estate

    (608) 333-5362

    8 in this area

    1,712 Total Sales

    Daniel Tenney
    Section Image
  • Aaron Weber

    Buyer's Agent in 2015

    Aaron Weber

    Compass Real Estate Wisconsin

    (608) 556-4179

    1 in this area

    440 Total Sales

    Aaron Weber
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1757300

South Central Wisconsin Multiple Listing Service

APN: 0809-271-0298-1

Wisconsin Dane County Madison 53704

5338 Lighthouse Bay Dr Unit 3, Madison, WI

Not Listed for Sale

Condos

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