NOT LISTED FOR SALE

5375 Mariners Cove Dr Unit 113 Madison, WI 53704

Estimated Value: $469,000 - $561,000

3 Beds
2 Baths
2,448 Sq Ft
$610/mo HOA Fee

Last Sold September 30, 2024

Last sale price $495,000 $202 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,703/month

45 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Indoor Pool
  • Arboretum Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of September 2024

Beautiful, newly remodeled end unit luxury condo in Madisons desirable Lake Mendota waterfront community. Boating enthusiasts' “Resort Lifestyle” living at its finest, w/more amenities than any condo complex in the area. Tennis, pickleball, & basketball court; fitness center, sauna, indoor/outdoor heated pools & jacuzzis; kayak launch, riverwalk walking path with a guaranteed assigned boat slip & community room to host parties at no charge. Relax at the end of the day in your private bedroom w/a spa-like modern bath featuring a heated floor & towel rack, luxurious jetted tub & gorgeous extra-large walk-in shower. You'll love the 2 sunrooms, providing extra space to enjoy the outdoor & water views. Low Westport taxes! SELLER TO PAY $15K TOWARD NEW ROOF. MLS listing w/2-car garage: #1981805. Call (608) 620-4177 for showings.

Last Agent to Sell the Property

Dan Chin Homes Team

Real Broker LLC Brokerage Phone: 608-620-4177 Listed on: 07/05/2024

Real Broker LLC

Last Buyer's Agent

Max Mulhern

Rock Realty License #95486-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1991

Lot Details

  • Lake Front
  • River Front
  • End Unit
  • Private Entrance

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • On-Site Parking for Sale

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Wood Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • Multiple Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Great Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Indoor Pool

Schools

  • Arboretum Elementary School
  • Waunakee Middle School
  • Waunakee High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0809-224-7025-3

Community Details

Overview

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund
  • 17 Units
  • Located in the Mariners Cove master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,260

Year Built

Built in 1991

Lot Details

0

HOA Fees

$610 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Items Excluded: Seller's Personal Property
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Disposal, Water Softener, Washer, Dryer, All Window Coverings, Electric Fireplace, Boat Slip
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: Mariners Cove
  • Year Built: 1991
  • Above Grade Sold Price Per Sq Ft: 202.21
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 2448
  • Finished Above Grade Sq Ft: 2448
  • Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 18x15, On Level: M
  • Bedroom 2: Dimensions: 17x15, On Level: M
  • Bedroom 3: Dimensions: 14x11, On Level: M
  • Kitchen: Dimensions: 14x9, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x15, On Level: M
  • Dining Room: Dimensions: 13x12, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 23x6, On Level: M
  • Other Room 2: Sun Room, Dimensions: 16x6, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 8x6
  • Basement: None
  • Fireplace: Gas, Electric, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Washer, Dryer, Water softener included, Jetted bathtub, Cable/Satellite Available
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Has actual water frontage, Lake, River
  • Waterfront: Yes
  • Exterior: Wood
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Additional for sale

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Tennis court, Common Green Space, Exercise room, Sauna, Whirlpool, Elevator, Boatslip/Pier, Indoor Pool, Outdoor Pool
  • Condo Fee Month: 610
  • Condo Management: Professional offsite
  • Units in Association: 75
  • Units In Building: 17

Schools

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

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5260
  • Tax Year: 2023
  • Assessor Parcel Number: 0809-224-7025-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 30, 2024
Sold by
Beutin Beverly J and Beutin Brian Wayne
Bought by
Witt Carol and Witt Robert Gustave
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Max Mulhern
Rock Realty
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Views
38
Current Estimated Value
$508,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,336
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
Nov 21, 2014
Closed on
Feb 9, 2016
Sold by
Gorman Joseph E
Bought by
Beutin Brian W and Beutin Beverly
Seller's Agent
Trish Schaefer
American, REALTORS
Buyer's Agent
Dan Chin
Real Broker LLC
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$186,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Witt Carol $495,000 None Listed On Document
Beutin Brian W $248,000 Nations Title Agency Mn Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beutin Brian W $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $495,000 -0.5% $202 / Sq Ft
08/30/2024 08/30/24 Price Changed $497,450 -0.5% $203 / Sq Ft
07/19/2024 07/19/24 For Sale $500,000 +1.0% $204 / Sq Ft
07/05/2024 07/05/24 Off Market $495,000 -- --
02/09/2016 02/09/16 Sold $248,000 -0.8% $101 / Sq Ft View Prior Sale
08/24/2015 08/24/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $249,900 -- $102 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $5,155 $300,300 $35,000 $265,300
2023 $5,260 $300,300 $35,000 $265,300
2021 $4,937 $300,300 $35,000 $265,300
2020 $4,065 $265,300 $35,000 $230,300
2019 $4,033 $265,300 $35,000 $230,300
2018 $3,072 $184,900 $30,000 $154,900
2017 $3,059 $184,900 $30,000 $154,900
2016 $3,020 $184,900 $30,000 $154,900
2015 $2,982 $184,900 $30,000 $154,900
2014 $2,875 $184,900 $30,000 $154,900
2013 $3,546 $184,900 $30,000 $154,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dan Chin Homes Team

    Real Broker LLC

    (608) 268-0831

    7 in this area

    1,250 Total Sales

    Dan Chin Homes Team
    Section Image

  • M

    Buyer's Agent in 2024

    Max Mulhern

    Rock Realty

    (608) 509-3807

    1 in this area

    57 Total Sales

    Max Mulhern
    Section Image

  • T

    Seller's Agent in 2016

    Trish Schaefer

    American, REALTORS

    (608) 347-2647

    3 in this area

    201 Total Sales

    Trish Schaefer
    Section Image
  • Dan Chin

    Buyer's Agent in 2016

    Dan Chin

    Real Broker LLC

    (608) 438-2600

    10 Total Sales

    Dan Chin
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1980889

South Central Wisconsin Multiple Listing Service

APN: 0809-224-7025-3

Wisconsin Dane County Madison 53704

5375 Mariners Cove Dr Unit 113, Madison, WI

Not Listed for Sale

Condos

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