$177,900
SOLD JAN 30, 2012

5383 Mariners Cove Dr Unit 406 Madison, WI 53704

2 Beds
2 Baths
1,813 Sq Ft
$485/mo HOA Fee

Recently Sold

$98 Per Sq Ft

6% Below List Price

9 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Open Floorplan
  • Arboretum Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of November 2024

Motivated Seller! This uniquely updated gracious 2 bedroom condo with its solid surface kitchen, beautiful built ins in the dining room and an energy efficient sun porch is waiting for you. Just move in and enjoy the amenities this waterfront condo complex has to offer. A home for your boat, 2 pools, workout room, sauna, clubhouse, tennis courts & walking distance to 2 restaurants. Home warranty included. Live like you are on vacation every day!

Last Agent to Sell the Property

Dottie Moseley

RE/MAX Preferred License #58389-94 Listed on: 10/13/2011

RE/MAX Preferred

Last Buyer's Agent

Eileen Curtis

South Central Non-Member License #73694-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1990

Lot Details

  • Lake Front
  • End Unit
  • Private Entrance

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Ranch Property
  • Wood Siding

Interior Spaces

  • 1,813 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Great Room
  • 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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Air Cleaner

Schools

  • Prairie Elementary School
  • Waunakee Middle School
  • Waunakee High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0809-224-7299-3

Community Details

Overview

  • Association fees include cable/satellite, trash removal, snow removal, common area maintenance, common area insurance
  • 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
  • Community Whirlpool Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,340

Year Built

Built in 1990

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Municipality: Westport
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, End Unit
  • Barrier Free: Open floor plan
  • Items Included: Humidifier,Some Window Coverings,Freezer
  • Fee Includes: Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: Mariners Cove
  • Year Built: 1990
  • Above Grade Price Per Sq Ft: 102.54
  • Above Grade Sold Price Per Sq Ft: 98.12
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1813
  • Finished Above Grade Sq Ft: 1813
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x18, On Level: M
  • Bedroom 2: Dimensions: 12x14, On Level: M
  • Kitchen: Dimensions: 10x15, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x18, On Level: M
  • Dining Room: Dimensions: 10x12, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 06x22, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Washer, Dryer, Air cleaner, Jetted bathtub, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Yahara
  • Exterior: Wood, Fiber cement
  • 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, Detached

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Tennis court, Common Green Space, Exercise room, Sauna, Whirlpool, Elevator, Boatslip/Pier
  • Condo Fee Month: 485
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 75
  • Units in Association: 75
  • Units In Building: 15

Schools

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

Lot Info

  • Zoning: Res

Tax Info

  • Land Assessment: 42000
  • Improvements: 116000
  • Total Assessment: 158000
  • Assessment year: 2011
  • Net Taxes: 2340
  • Tax Year: 2010
  • Assessor Parcel Number: 0809-224-7299-3

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
$363,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,995
Avg. Annual Appreciation
3.23%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1638534

South Central Wisconsin Multiple Listing Service

APN: 0809-224-7299-3