NOT LISTED FOR SALE

5375 Mariners Cove Dr Unit 116 Madison, WI 53704

Estimated Value: $413,880 - $508,000

2 Beds
2 Baths
2,140 Sq Ft
$520/ mo HOA Fee

Last Sold May 31, 2018

Last sale price $331,500 $155 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,281/month

15 Days on Market

Highlights

  • Community Boat Slip
  • Water Access
  • Open Floorplan
  • Arboretum Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of May 2018

Mariners Cove Penthouse in excellent condition overlooking the water and Marinas. Vaulted ceilings, gas fireplace, hardwood floors and 4 season sunroom with lots of glass. Kitchen with granite surfaces and 2-tiered breakfast isle, red birch/maple cabinetry and stainless steel appliances. Dry bar/wine cooler with halogen lighting. Large master suite with stunning custom walk-in shower. Boat slip included! Newer docks and piers.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 03/15/2018

Restaino & Associates

Last Buyer's Agent

Sabra Gent

@properties-elleven Christie's License #66047-94

@properties-elleven Christie's

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1991

Lot Details

  • 7.25

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • Driveway Level

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Wood Siding

Interior Spaces

  • 2,140 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Additional Features

  • Roll-in Shower
  • Water Access
  • Private Entrance

Listing and Financial Details

  • Assessor Parcel Number 0809-224-7031-5

Community Details

Overview

  • Association fees include trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance
  • 16 Units
  • Located in the MARINERS COVE master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,578

Year Built

Built in 1991

Lot Details

7.25 Acres

HOA Fees

$520 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, Roll-In Shower, Level drive
  • Items Included: All Window Coverings
  • Fee Includes: Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund, Lawn maintenance
  • Project Name: MARINERS COVE
  • Year Built: 1991
  • Above Grade Sold Price Per Sq Ft: 154.91
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 2140
  • Finished Above Grade Sq Ft: 2140
  • Bedrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15X15, On Level: M
  • Bedroom 2: Dimensions: 15x14, On Level: M
  • Kitchen: Dimensions: 12x9, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 27x15, On Level: M
  • Dining Room: Dimensions: 18x18, On Level: M
  • Family Room: Dimensions: 15x16, On Level: M
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Den/Office, Dimensions: 12x7, On Level: M
  • Other Room 2: Sun Room, Dimensions: 21x07, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Vaulted ceiling, Water softener included, Cable/Satellite Available, Tankless Water Heater
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Deeded access-No frontage
  • Lake/River: Mendota/Yahara
  • Exterior: Wood
  • Exterior Features: Private Entry

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Tennis court, Common Green Space, Exercise room, Whirlpool, Elevator, Boatslip/Pier
  • Condo Fee Month: 520
  • Condo Management: Professional offsite
  • Units in Association: 75
  • Units In Building: 16

Schools

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

Lot Info

  • Zoning: R-4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3578
  • Tax Year: 2017
  • Assessor Parcel Number: 0809-224-7031-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Rettelle Kathleen M and Rettelle Francis L
Bought by
Rettelle Francis and Kathleen Rettelle Revocable Li
Current Estimated Value
$451,841

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 31, 2018
Sold by
Idsinga Jeffrey William and Idsinga Gina Marie
Bought by
Retelle Kathleen M and Retelle Francis L
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Sabra Gent
@properties-elleven Christie's
List Price
$339,900
Sold Price
$331,500
Premium/Discount to List
-$8,400
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 1, 2014
Sold by
Thompson Kai O and Thompson Ann E
Bought by
Idsinga Jeffrey William
Seller's Agent
Mardi Stroud
First Weber Inc
Buyer's Agent
Andrew Stebnitz
Restaino & Associates
List Price
$320,000
Sold Price
$297,000
Premium/Discount to List
-$23,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$222,750
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2007
Sold by
Thompson Kai O
Bought by
Thompson Kai O and Thompson Ann E
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
Rettelle Francis -- None Available
Retelle Kathleen M $331,500 None Available
Idsinga Jeffrey William $297,000 None Available
Thompson Kai O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Idsinga Jeffrey William $222,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $331,500 -2.5% $155 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $339,900 +14.4% $159 / Sq Ft
05/01/2014 05/01/14 Sold $297,000 -7.2% $139 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $320,000 -- $150 / 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 $4,352 $368,300 $49,000 $319,300
2023 $5,439 $309,800 $35,000 $274,800
2022 $4,967 $309,800 $35,000 $274,800
2021 $4,806 $309,800 $35,000 $274,800
2020 $4,571 $309,800 $35,000 $274,800
2019 $4,509 $309,800 $35,000 $274,800
2018 $3,544 $223,500 $30,000 $193,500
2017 $3,578 $223,500 $30,000 $193,500
2016 $3,521 $223,500 $30,000 $193,500
2015 $3,499 $223,500 $30,000 $193,500
2014 $3,491 $223,500 $30,000 $193,500
2013 $3,719 $215,500 $30,000 $185,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew Stebnitz

    Restaino & Associates

    Section Image
  • Sabra Gent

    Buyer's Agent in 2018

    Sabra Gent

    @properties-elleven Christie's

    (608) 215-4589

    47 Total Sales

    Sabra Gent
    Section Image

  • M

    Seller's Agent in 2014

    Mardi Stroud

    First Weber Inc

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1824857

South Central Wisconsin Multiple Listing Service

APN: 0809-224-7031-5

Wisconsin Dane County Madison 53704

5375 Mariners Cove Dr Unit 116, Madison, WI

Not Listed for Sale

Condos

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