Active

$564,900

123 W Washington Ave Unit 311, Madison, WI 53703

1beds

1,314sqft

$5,299/mo

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Condominium

Built in 2004

-- sqft lot

$545,200 Zestimate^®

$430/sqft

$686/mo HOA

What's special

A home that appeals to full- or part-time residents alike, this is a see-it-to-believe-it pied-a-terre in the iconic Loraine Hotel! One-of-a-kind sunroom AND personal patio off of the spacious living room offer al fresco dining, gardening, & fluid entertaining - all w/the ability to connect to & utilize the community courtyard - you benefit from the best of both worlds! Inside you will enjoy the existing circular flow, amazing storage (6'x4' walk-in pantry, wall of cabinets in laundry, lots of built-ins), & peace-of-mind updates - all allowing you to get creative for your own living needs. Conveniently located underground parking spot w/personal EV charger & room to hang bikes, plus a separate storage unit for the "extras" - you will LOVE your new downtown Madison way of life in a warm community. Enjoy lobby movie nights with your neighbors, as well as countless restaurants, shops, Overture, Farmer's Market - all right outside your door. Welcome home!

--: on Zillow
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Area: 176
Dimensions: 16 x 11

Kitchen

Features: Breakfast Bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
Level: Main
Area: 126
Dimensions: 18 x 7

Living room

Level: Main
Area: 299
Dimensions: 23 x 13

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Washer, Dryer
Laundry: Main Level

Features

Storage Unit Inc, At Least 1 tub, Smart Thermostat, Sun Room, Foyer
Flooring: Wood or sim. wood floors
Basement: None
Has fireplace: Yes
Fireplace features: Gas
Common walls with other units/homes: End Unit

Interior area

Total structure area: 1,314
Total interior livable area: 1,314 sqft
Finished area above ground: 1,314

Video & virtual tour

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Property

Parking

Parking features: Underground, 1 space assigned, Electric Vehicle Charging Station(s)
Has attached garage: Yes

Features

Patio & porch: Patio

Details

Parcel number: 070923150208
Zoning: DC, HIS-L

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Brick, Stone

Condition

Year built: 2004

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Common Green Space, Close to busline, Elevator
Security: Fire Sprinkler System

HOA

Has HOA: Yes
Amenities included: Parking
Services included: Hot Water, Water/Sewer, Common area maintenance, Common area insurance, Reserve fund
HOA fee: $686 monthly

Location

Region: Madison

Financial & listing details

Price per square foot: $430/sqft
Tax assessed value: $577,100
Annual tax amount: $9,791
Date on market: 7/29/2026
Inclusions: Range/oven, refrigerator, dishwasher, microwave, washer, dryer, window coverings
Exclusions: Seller's & stager's personal property

Estimated market value

$545,200

$518,000 - $572,000

$2,022/mo

Price history

Date	Event	Price
7/29/2026	Listed for sale	$564,900-4.1%$430/sqft
Source: SCWMLS #2029107 Report a problem
7/19/2026	Listing removed	$589,000$448/sqft
Source: WIREX MLS #2016721 Report a problem
6/2/2026	Price change	$589,000-1.5%$448/sqft
Source: WIREX MLS #2016721 Report a problem
4/28/2026	Price change	$598,000-1.2%$455/sqft
Source: WIREX MLS #2016721 Report a problem
4/13/2026	Listed for sale	$605,000$460/sqft
Source: WIREX MLS #2016721 Report a problem
3/10/2026	Contingent	$605,000$460/sqft
Source: WIREX MLS #2016721 Report a problem
2/18/2026	Listed for sale	$605,000+87.9%$460/sqft
Source: WIREX MLS #2016721 Report a problem
7/25/2014	Sold	$322,000+3.4%$245/sqft
Source: SCWMLS #1723123 Report a problem
2/17/2010	Sold	$311,400$237/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,447 +11.7%	$533,700 +15%
2023	$9,351	$464,100 +14%
2022	--	$407,100 +3%
2021	--	$395,200
2020	--	$395,200
2019	$8,292	$395,200 +4%
2018	$8,292 +13.7%	$380,000 +18%
2017	$7,295 -3.9%	$322,000
2016	$7,592 +9.1%	$322,000 +8.9%
2014	$6,957 -0.6%	$295,800
2013	$6,997 +0.3%	$295,800
2012	$6,977 -0.3%	$295,800 -5%
2011	$6,997 +3.6%	$311,400
2010	$6,756 +19.1%	$311,400 +10%
2009	$5,671 +5.3%	$283,200
2008	$5,387 -0.7%	$283,200 +0.7%
2007	$5,423 +4.1%	$281,200 +4%
2006	$5,211 -2.6%	$270,400 +5%
2005	$5,352 +456.9%	$257,500 +496.1%
2004	$961	$43,200