NOT LISTED FOR SALE

5600 Lake Edge Rd Unit 306 Mc Farland, WI 53558

Estimated Value: $352,000 - $891,541

2 Beds
2 Baths
1,365 Sq Ft
$358/mo HOA Fee

Last Sold August 15, 2019

Last sale price $575,000 $421 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,019/month

514 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Open Floorplan
  • McFarland High School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of August 2019

BUYER INCENTIVE: $2,500 credit awarded to Buyer that submits an offer between 7/10/19-8/31/19 that reaches acceptance. Credit will be paid to Buyer by Seller at closing // Luxury condos with 341' of sunset views across Lake Waubesa, 10 minutes to downtown Madison. Enjoy carefree living with outdoor lakeside pool + hot tub, fitness center, clubhouse, patio area, fire pit + boat slip. Custom interior finishes including: quartz, granite and Kohler fixtures. One underground parking space + one storage unit included // Parking Fee: Approximately $25/month/space.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 02/10/2018

Last Buyer's Agent

Juli Stinson

Restaino & Associates License #83157-94

Restaino & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Lake Front
  • Private Entrance

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,365 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Low Emissivity Windows
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • On-Site Parking for Sale

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Stair Lift
  • Low Pile Carpeting

Outdoor Features

  • Waterski or Wakeboard
  • Deck

Schools

  • Waubesa Elementary School
  • Indian Mound Middle School
  • Mcfarland High School

Utilities

  • Forced Air Cooling System
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 0610-032-2808-1

Community Details

Overview

  • Association fees include hot water, water/sewer, cable/satellite, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 29 Units
  • Located in the Waubesa Shores Condos master-planned community
  • Built by Harmony Construction
  • Property Manager
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Boat Slip
  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa
  • Hiking Trails

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,227

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Municipality: McFarland
  • Status Detail: Sold
  • Mailing City: McFarland
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Under Construction
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Low pile or no carpeting, Stair Lift
  • Homebuilder: Harmony Construction
  • Items Included: All Kitchen Appliances, Washer, Dryer, Nest Thermostat, 1 Underground Heated Parking Space
  • Fee Includes: Hot Water, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Waubesa Shores Condos
  • Year Built: 2018
  • Above Grade Price Per Sq Ft: 439.56
  • Above Grade Sold Price Per Sq Ft: 421.25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1365
  • Finished Above Grade Sq Ft: 1365
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 1x1, On Level: M
  • Bedroom 2: Dimensions: 1x1, On Level: M
  • Kitchen: Dimensions: 1x1, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 1x1, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Water softener included, Storage Unit Inc, At Least 1 tub, Split bedrooms
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Waubesa
  • Exterior: Brick, Stone
  • Exterior Features: Private Entry, Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Heated, 1 space assigned, Parking fee, Additional for sale

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Common Green Space, Exercise room, Whirlpool, Security system, Elevator, Boatslip/Pier, Outdoor Pool, Walking trail(s)
  • Condo Fee Month: 358
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 29
  • Units in Association: 29
  • Units In Building: 29

Schools

  • School District: McFarland
  • Elementary School: Waubesa
  • Middle School: Indian Mound
  • High School: McFarland
  • Elementary School: Waubesa
  • High School: McFarland
  • Middle School: Indian Mound
  • School District: McFarland

Green Features

  • Energy Eff Green: Energy Star Appliance(s), Low E Windows

Lot Info

  • Zoning: PD

Tax Info

  • Land Assessment: 62200
  • Improvements: 430600
  • Total Assessment: 492800
  • Assessment year: 2019
  • Net Taxes: 2227
  • Tax Year: 2018
  • Assessor Parcel Number: 0610-032-2808-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2018
Closed on
Aug 15, 2019
Sold by
Beach House Properties Llc
Bought by
Herber Susan M
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Juli Stinson
Restaino & Associates
List Price
$525,000
Sold Price
$575,000
Premium/Discount to List
$50,000
9.52%
Current Estimated Value
$675,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,135
Avg. Annual Appreciation
3.00%
Original Mortgage
$395,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Herber Susan M $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herber Susan M $388,500
Closed Herber Susan M $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $575,000 -4.2% $421 / Sq Ft
06/19/2018 06/19/18 Price Changed $600,000 +14.3% $440 / Sq Ft
02/15/2018 02/15/18 For Sale $525,000 -8.7% $385 / Sq Ft
02/13/2018 02/13/18 Off Market $575,000 -- --
02/10/2018 02/10/18 For Sale $525,000 -- $385 / 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 $10,985 $707,000 $80,200 $626,800
2023 $10,440 $662,900 $80,200 $582,700
2021 $11,025 $584,600 $72,900 $511,700
2020 $11,047 $572,000 $72,900 $499,100
2019 $9,805 $492,800 $62,200 $430,600
2018 $2,226 $112,200 $62,200 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Shelly Sprinkman

    Seller's Agent in 2019

    Shelly Sprinkman

    Sprinkman Real Estate

    (608) 220-1453

    3 in this area

    393 Total Sales

    Shelly Sprinkman
    Section Image
  • Juli Stinson

    Buyer's Agent in 2019

    Juli Stinson

    Restaino & Associates

    (608) 335-3095

    6 in this area

    71 Total Sales

    Juli Stinson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1822449

South Central Wisconsin Multiple Listing Service

APN: 0610-032-2808-1

Wisconsin Dane County Mc Farland 53558

5600 Lake Edge Rd Unit 306, Mc Farland, WI

This home is located at 5600 Lake Edge Rd Unit 306, Mc Farland, WI 53558 since 10 February 2018 and is currently estimated at $675,135, approximately $494 per square foot. This property was built in 2018. 5600 Lake Edge Rd Unit 306 is a home located in Dane County with nearby schools including 4K McFarland, McFarland Primary School, and Waubesa Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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