NOT LISTED FOR SALE

5604 Lake Edge Rd Unit 106 Mc Farland, WI 53558

Estimated Value: $792,000 - $918,000

2 Beds
2 Baths
1,395 Sq Ft
$412/mo HOA Fee

Last Sold December 01, 2021

Last sale price $690,000 $495 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,130/month

Highlights

  • Lake Front
  • Community Boat Slip
  • Open Floorplan
  • Waubesa Intermediate School Rated 9+
  • Fitness Center
  • Deck

About This Home

As of December 2021

Former model unit! High end custom luxury upgrades throughout the condo include: Wolf & Sub Zero appliances, marble backsplash and full bath tile, added upper cabinets w/ crown, all granite/quartz counters, power blinds throughout, built in surround sound, Lutron Smart Lights & more. Almost 100K in updates! See additional documents for the complete list. Sale includes two large heated storage units, two heated garage spaces and a canopy boat slip. 341 feet of sunset views across Lake Waubesa, 10 minutes to downtown Madison. Enjoy carefree living with an outdoor lakeside pool and hot tub, fitness center, clubhouse, patio area, fire pit, and boat slip. This stunning model unit is part of a private paradise perfectly situated in a quiet but convenient location.

Last Agent to Sell the Property

Aaron Ruengpinyophun

EXP Realty, LLC License #82560-94 Listed on: 09/29/2021

EXP Realty, LLC

Last Buyer's Agent

Chas Martin

Sprinkman Real Estate License #57744-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,094

Year Built

  • Built in 2018

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $412 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Stone Exterior Construction

Interior Spaces

  • 1,395 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Low Emissivity Windows
  • Entrance Foyer
  • Screened Porch
  • Storage Room
  • Wood Flooring
  • Smart Home

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Subterranean Parking
  • Heated Garage

Accessible Home Design

  • Stair Lift

Outdoor Features

  • Waterski or Wakeboard
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0610-032-2760-1

Community Details

Overview

  • Association fees include hot water, water/sewer, cable/satellite, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance, high speed internet
  • 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

  • Elevator

Recreation

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

Security

  • Building Security System
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,094

Year Built

Built in 2018

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Municipality: McFarland
  • Status Detail: Sold
  • Mailing City: McFarland
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Barrier Free: Open floor plan, Stair Lift
  • Homebuilder: Harmony Construction
  • Items Excluded: Seller's Personal Property (All Furniture Negotiable)
  • Items Included: All Kitchen Appliances, Washer, Dryer, Nest Thermostat, 2 Underground Heated Parking Space, 2 Full Sized Storage Units, Assigned Canopy Allowed Boat Slip, All Window Coverings & Power Blinds
  • Fee Includes: Hot Water, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund, Lawn maintenance, High Speed Internet
  • Project Name: Waubesa Shores Condos
  • Year Built: 2018
  • Above Grade Price Per Sq Ft: 508.96
  • Above Grade Sold Price Per Sq Ft: 494.62
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1395
  • Finished Above Grade Sq Ft: 1395
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14X13, On Level: M
  • Bedroom 2: Dimensions: 14X12, On Level: M
  • Kitchen: Dimensions: 13X10, On Level: M
  • Kitchen Features: Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 23X14, On Level: M
  • Other Rooms: Foyer, Screened Porch
  • Other Room 1: Screened Porch, Dimensions: 13X7, On Level: M
  • Other Room 2: Foyer, Dimensions: 8X5, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 7X5
  • Basement: Full, Sump pump
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Water softener included, Cable/Satellite Available, Storage Unit Inc, Split bedrooms, Some smart home features
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Exercise room, Whirlpool, Security system, Elevator, Boatslip/Pier, Outdoor Pool, Fire Sprinkler System
  • Condo Fee Month: 412
  • 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: Low E Windows

Lot Info

  • Zoning: res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 72900
  • Improvements: 450100
  • Total Assessment: 523000
  • Assessment year: 2020
  • Net Taxes: 10094
  • Tax Year: 2020
  • Assessor Parcel Number: 0610-032-2760-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 1, 2021
Sold by
Sturman Kristopher A
Bought by
Bailitz Ronald and Bailitz Susan
Seller's Agent
Aaron Ruengpinyophun
EXP Realty, LLC
Buyer's Agent
Chas Martin
Sprinkman Real Estate
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%
Current Estimated Value
$872,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,691
Avg. Annual Appreciation
2.91%
Original Mortgage
$490,000
Outstanding Balance
$451,165
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$318,968

Purchase Details

Closed on
Sep 29, 2021
Sold by
Beach House Properties Llc
Bought by
Sturman Kristopher A
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
Bailitz Ronald $690,000 First American Title
Sturman Kristopher A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailitz Ronald $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $690,000 -2.8% $495 / Sq Ft
09/29/2021 09/29/21 For Sale $710,000 -- $509 / 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 $13,105 $824,200 $80,200 $744,000
2023 $12,492 $772,800 $80,200 $692,600
2021 $10,075 $534,600 $72,900 $461,700
2020 $10,094 $523,000 $72,900 $450,100
2019 $8,552 $430,300 $62,200 $368,100
2018 $2,226 $112,200 $62,200 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1920889

South Central Wisconsin Multiple Listing Service

APN: 0610-032-2760-1