$435,000
SOLD JAN 20, 2025

N53W35277 Lighthouse Ln Unit 542 Oconomowoc, WI 53066

Okauchee Lake Neighborhood
2 Beds
2 Baths
1,588 Sq Ft
2005 Built

Recently Sold

$274 Per Sq Ft

9% Below List Price

101 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pond
  • Walk-In Closet
  • Meadow View Elementary School Rated A
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of January 2025

Gently lived in two bedroom ranch condo in Oconomowoc's Bay Pointe! The spacious kitchen features a large island and brand new appliances! The dining area is great for gathering w/room for a large table! Open concept great room offers a gas fireplace and leads to the beautiful sunroom overlooking the private covered porch! The comfortable primary suite easily accommodates a king bed, offers a large WIC, and ensuite bath w/walk-in shower! Bedroom two is ample in size, and bathroom two features a tub/shower! Unfinished LL w/egress is great for storage, and is plumbed for a third bath! Main floor laundry & 2 car garage! Driveway just sealed last month! Low Town taxes & location can't be beat. Come enjoy condo living!

Last Agent to Sell the Property

Joseph Jewell

Lake Country Flat Fee Brokerage Email: info@lakecountryflatfee.com License #59582-90

Last Buyer's Agent

Steve Demakopoulos

First Weber Inc - Waukesha License #81534-94

First Weber Inc - Waukesha

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 2005

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Surface Parking

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Basement Windows

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pond

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights
  • Shared Well
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Seller Concessions Offered

Community Details

Overview

  • 135 Units
  • Bay Pointe Condos

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,745

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/range, refrigerator, dishwasher, microwave, washer, dryer, water softener owned
  • Directions: Hwy 16 west, north on Hwy P (Brown Street), right on W. Lake Drive, left on Nelson Rd, right to Lighthouse Ln.
  • New Construction: No
  • Year Built: 2005
  • Full Street Address: N53W35277 Lighthouse LANE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: Town
  • Property Water Features: Pond, Deeded Water Access, Water Access/Rights
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Full Size Windows, Poured Concrete
  • Interior Amenities: Water Filtration Own, Water Softener, Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Stubbed For Bathroom on Lower
  • Room Bedroom2 Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 16
  • Second Floor Total Sq Ft: 1588.00

Exterior Features

  • Exclusions: Seller's personal property.
  • Exterior Features: Patio/Porch, Private Entry
  • Exterior Building Type: 1 Story, Side X Side
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Surface

Utilities

  • Water Waste: Shared Well, Municipal Shared Well, Municipal Sewer

Association/Amenities

  • Condominium Name: Bay Pointe
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 135

Schools

  • School District: Oconomowoc Area
  • High School: Oconomowoc
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2023
  • Total Taxes: 3744.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Jan 20, 2025
Sold by
Stern Douglas and Stern Paul
Bought by
Schafer David F and Schafer Sandra L
Seller's Agent
Joseph Jewell
Lake Country Flat Fee
Buyer's Agent
Steve Demakopoulos
First Weber Inc - Waukesha
List Price
$479,900
Sold Price
$435,000
Premium/Discount to List
-$44,900
-9.36%
Total Days on Market
101
Views
108
Current Estimated Value
$445,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,271
Avg. Annual Appreciation
8.09%
Original Mortgage
$293,500
Outstanding Balance
$292,978
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$152,293

Purchase Details

Closed on
Mar 1, 2007
Sold by
Bielinski Development Inc
Bought by
Carty Peter G and Carty Elaine R

Map

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 Type Sale Price Title Company
Deed $435,000 None Listed On Document
Condominium Deed $285,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $293,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Sold $435,000 -2.2% $274 / Sq Ft
10/26/2024 10/26/24 Price Changed $444,900 -4.3% $280 / Sq Ft
09/27/2024 09/27/24 Price Changed $465,000 -3.1% $293 / Sq Ft
09/05/2024 09/05/24 For Sale $479,900 -- $302 / Sq Ft
Source: Metro MLS

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 $4,244 $355,600 $51,000 $304,600
2023 $3,745 $355,600 $51,000 $304,600
2022 $4,089 $355,600 $51,000 $304,600
2021 $3,832 $323,200 $45,000 $278,200
2020 $3,924 $323,200 $45,000 $278,200
2019 $3,825 $323,200 $45,000 $278,200
2018 $3,542 $283,800 $41,000 $242,800
2017 $3,587 $283,800 $41,000 $242,800
2016 $3,541 $266,800 $40,000 $226,800
2015 $3,701 $266,800 $40,000 $226,800
2014 $3,925 $266,800 $40,000 $226,800
2013 $3,925 $261,400 $40,000 $221,400
Source: Public Records

Source: Metro MLS

MLS Number: 1890622

Metro MLS

APN: OCOT-0569-999-240