5383 Mariners Cove Dr Unit 406 Madison, WI 53704
2
Beds
2
Baths
1,813
Sq Ft
$610/mo
HOA Fee
Highlights
- Lake Front
- Community Boat Slip
- Clubhouse
- Arboretum Elementary School Rated A
- Fitness Center
- Wood Flooring
About This Home
As of November 2024Welcome to Mariners Cove with its beautiful water views leading to Lake Mendota! Located on the 2nd floor, with elevator access, this home with an open floor plan has an updated kitchen, 2 bedrooms, and 2 baths- jetted tub in the primary bath. The sun room allows you to appreciate lake living in comfort. You'll love seeing the gorgeous sunset views over the water or enjoy your morning coffee listening to the birds. The list of amenities is impressive with 2 heated pools, 2 hot tubs, a community room, a fitness center, a pickle ball/tennis court, a sauna, boat slips at the Community Marina with direct access to Lake Mendota. Two garages are included-408 & 435. $10K closing credit towards roof assessment.
Last Agent to Sell the Property
Century 21 Affiliated Brokerage Phone: 608-280-1358 License #58352-90 Listed on: 04/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,806
Year Built
- Built in 1993
Lot Details
- Lake Front
- River Front
- End Unit
- Private Entrance
HOA Fees
- $610 Monthly HOA Fees
Home Design
- Vinyl Siding
Interior Spaces
- 1,813 Sq Ft Home
- Gas Fireplace
- Sun or Florida Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Separate Shower in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Garage
- Garage Door Opener
Outdoor Features
- Waterski or Wakeboard
Schools
- Call School District Elementary And Middle School
- Waunakee High School
Utilities
- Forced Air Cooling System
- Water Softener
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0809-224-7299-3
Community Details
Overview
- Association fees include parking, cable/satellite, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance
- 15 Units
- Located in the Mariners Cove… master-planned community
- Property Manager
- Greenbelt
Amenities
- Sauna
- Clubhouse
- Elevator
Recreation
- Community Boat Slip
- Tennis Courts
- Fitness Center
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
Nov 7, 2024
Sold by
William A Ibach And Marilyn J Ibach 1998 and Ibach William A
Bought by
Durst Brian and Durst Meghan
Seller's Agent
Wendy Dalgety
Century 21 Affiliated
Buyer's Agent
Charles Wills
The Wills Agency
List Price
$385,000
Sold Price
$345,000
Premium/Discount to List
-$40,000
-10.39%
Views
458
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,267
Avg. Annual Appreciation
3.19%
Original Mortgage
$258,750
Outstanding Balance
$257,469
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$95,741
Purchase Details
Listed on
Oct 13, 2011
Closed on
Jan 30, 2012
Sold by
Meurer Fred O and Meurer Audrey M
Bought by
Everson Terry D and Winne Pamela K
Seller's Agent
Dottie Moseley
RE/MAX Preferred
Buyer's Agent
Eileen Curtis
South Central Non-Member
List Price
$189,900
Sold Price
$177,900
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
5.32%
Original Mortgage
$133,400
Interest Rate
3.9%
Mortgage Type
New Conventional
Similar Homes in Madison, WI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $345,000 | None Listed On Document | |
| Deed | $345,000 | None Listed On Document | |
| Condominium Deed | $177,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,750 | New Conventional | |
| Closed | $258,750 | New Conventional | |
| Previous Owner | $133,400 | New Conventional | |
| Previous Owner | $113,100 | Unknown | |
| Previous Owner | $48,438 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $345,000 | -4.2% | $190 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $360,000 | +5.9% | $199 / Sq Ft |
| 09/19/2024 09/19/24 | Price Changed | $340,000 | -1.4% | $188 / Sq Ft |
| 09/19/2024 09/19/24 | Price Changed | $345,000 | -4.2% | $190 / Sq Ft |
| 09/12/2024 09/12/24 | Price Changed | $360,000 | -4.0% | $199 / Sq Ft |
| 07/30/2024 07/30/24 | Price Changed | $375,000 | -2.6% | $207 / Sq Ft |
| 05/17/2024 05/17/24 | For Sale | $385,000 | +11.6% | $212 / Sq Ft |
| 04/22/2024 04/22/24 | Off Market | $345,000 | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $385,000 | +79.1% | $212 / Sq Ft |
| 08/21/2015 08/21/15 | Sold | $215,000 | -4.4% | $119 / Sq Ft |
| 07/13/2015 07/13/15 | Pending | -- | -- | -- |
| 04/12/2015 04/12/15 | For Sale | $224,900 | +26.4% | $124 / Sq Ft |
| 01/30/2012 01/30/12 | Sold | $177,900 | -6.3% | $98 / Sq Ft |
| 10/22/2011 10/22/11 | Pending | -- | -- | -- |
| 10/13/2011 10/13/11 | For Sale | $189,900 | -- | $105 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $3,706 | $206,900 | $35,000 | $171,900 |
| 2023 | $3,806 | $206,900 | $35,000 | $171,900 |
| 2021 | $3,376 | $206,900 | $35,000 | $171,900 |
| 2020 | $3,154 | $206,900 | $35,000 | $171,900 |
| 2019 | $3,128 | $206,900 | $35,000 | $171,900 |
| 2018 | $2,593 | $156,800 | $30,000 | $126,800 |
| 2017 | $2,582 | $156,800 | $30,000 | $126,800 |
| 2016 | $2,549 | $156,800 | $30,000 | $126,800 |
| 2015 | $2,518 | $156,800 | $30,000 | $126,800 |
| 2014 | $2,427 | $156,800 | $30,000 | $126,800 |
| 2013 | $2,170 | $156,800 | $30,000 | $126,800 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2024
Wendy Dalgety
Century 21 Affiliated
(608) 280-1358
1 in this area
20 Total Sales
-
Buyer's Agent in 2024
Charles Wills
The Wills Agency
(608) 220-3282
3 in this area
266 Total Sales
-
J
Seller's Agent in 2015
JoAnn Kane
Stark Company, REALTORS
-
Seller Co-Listing Agent in 2015
Alison Kane
Stark Company, REALTORS
(608) 212-1962
1 in this area
175 Total Sales
-
Seller's Agent in 2012
Dottie Moseley
RE/MAX
(608) 438-5649
2 in this area
58 Total Sales
-
E
Buyer's Agent in 2012
Eileen Curtis
South Central Non-Member
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1975488
APN: 0809-224-7299-3
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