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Sold for $510,000
  • $510,000

    123 W Washington Ave Unit 507, Madison, WI 53703

    1beds
    1,293sqft
    Condominium
    Built in 2004
    -- sqft lot
    $549,400 Zestimate®
    $394/sqft
    $3,016 Estimated rent

    Home value

    $549,400

    $516,000 - $582,000

    $3,016/mo

    Zestimate® history
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    What's special

    Discover the charm of downtown living in this beautifully appointed 5th-floor condo at The Loraine, just steps from the Capitol Square! Spacious 1-bed+den, 2-bath offers a perfect blend of historic elegance & modern luxury. Open living/dining offers a cozy FP, tray ceiling & pretty city views. Tasteful finishes incl birch floors, white/maple woodwork/trims, new W/D, granite ctrs, fresh paint & SS appliances w/gas range/new fridge. Lrg primary has 2 closets + WIC & ensuite bath w/dual vanities, 6' tub, walk in tile shower & new sinks/faucets/quartz ctrs. Versatile den easily serves as a guest room w/adjacent 2nd bath, remodeled w/porcelain tile & walk-in shower. Extra strg + 1 underground prkg! Community room & courtyard+great DT location near restaurants, shops, lakes, UW, Overture & more!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Hub Team,

    The Hub Realty

    Bought with:

    Michael Weiss, 84888-94

    MHB Real Estate

    Source: SCWMLS,MLS#: 1987961

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 143
    • Dimensions: 13 x 11
    Kitchen
    • Features: Breakfast Bar, Dishwasher, Disposal, Microwave, Pantry, Range/Oven, Refrigerator
    • Level: Main
    • Area: 117
    • Dimensions: 13 x 9
    Living room
    • Level: Main
    • Area: 208
    • Dimensions: 16 x 13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer
    • Laundry: Main Level
    Features
    • At Least 1 tub, Den/Office, Foyer
    • Flooring: Wood or sim. wood floors
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: 1 fireplace, Electric
    Interior area
    • Total structure area: 1,293
    • Total interior livable area: 1,293 sqft
    • Finished area above ground: 1,293

    Property

    Parking
    • Parking features: Underground, Heated Garage, 1 space assigned, Garage Door Opener
    • Has attached garage: Yes
    Details
    • Parcel number: 070923150381
    • Zoning: DC, HIS-L

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable/Satellite Available

    Community & HOA

    Community
    • Features: Close to busline, Elevator, Rooftop common area
    • Security: Fire Sprinkler System
    HOA
    • Has HOA: Yes
    • Amenities included: High Speed Internet, Parking
    • Services included: Common area insurance, Common area maintenance, Hot Water, Lawn maintenance, Reserve fund, Snow Removal, Trash, Water/Sewer
    • HOA fee: $585 monthly
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $499,700
    • Annual tax amount: $8,216
    • Date on market: 10/18/2024
    • Listing terms: Arms Length
    • Inclusions: Refrigerator, Dishwasher, Microwave, Stove/Oven, Washer/Dryer, tv mount, disposal, all window coverings, smart toilet
    • Exclusions: seller's other personal property, tv's

    Price history

    DateEventPrice
    11/22/2024Sold$510,000-2.7%$394/sqft
    Source: SCWMLS #1987961 Report a problem
    10/22/2024Contingent$524,000$405/sqft
    Source: WIREX MLS #1987961 Report a problem
    10/18/2024Listed for sale$524,000+43.2%$405/sqft
    Source: WIREX MLS #1987961 Report a problem
    12/21/2018Sold$366,000-1.1%$283/sqft
    Source: SCWMLS #1837330 Report a problem
    11/10/2018Pending sale$369,900$286/sqft
    Source: Accord Realty #1837330 Report a problem
    9/25/2018Price change$369,900-2.6%$286/sqft
    Source: Accord Realty #1837330 Report a problem
    7/26/2018Listed for sale$379,900+14.6%$294/sqft
    Source: Accord Realty #1837330 Report a problem
    3/3/2016Sold$331,500-2.5%$256/sqft
    Source: SCWMLS #1762603 Report a problem
    1/13/2016Pending sale$339,900$263/sqft
    Source: Accord Realty #1762603 Report a problem
    11/27/2015Listed for sale$339,900+7.9%$263/sqft
    Source: Accord Realty #1762603 Report a problem
    12/6/2010Sold$315,000-4.3%$244/sqft
    Source: Public Record Report a problem
    9/23/2010Pending sale$329,000$254/sqft
    Source: Accord Realty, LLC #1597673 Report a problem
    9/17/2010Listed for sale$329,000$254/sqft
    Source: Accord Realty, LLC #1597673 Report a problem
    8/6/2010Listing removed$329,000$254/sqft
    Source: Accord Realty, LLC #1597673 Report a problem
    6/19/2010Listed for sale$329,000+0.8%$254/sqft
    Source: Accord Realty, LLC #1597673 Report a problem
    5/13/2010Sold$326,500$253/sqft
    Source: Public Record Report a problem
    10/5/2009Sold$326,500-3.9%$253/sqft
    Source: Public Record Report a problem
    12/1/2005Sold$339,900$263/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,781 +6.9%$499,700 +10%
    2023$9,153 $454,300 +14%
    2022-- $398,500 +9%
    2021-- $365,600
    2020-- $365,600
    2019$8,292 $365,600 -3.8%
    2018$8,292 +10.3%$380,000 +14.6%
    2017$7,517 +0.8%$331,500
    2016$7,459 -0.1%$331,500 +6.5%
    2014$7,464 +4%$311,300 +4%
    2013$7,180 +0.2%$299,300
    2012$7,167 -0.2%$299,300 -5%
    2011$7,180 -0.1%$315,000 -3.5%
    2010$7,188 +2.1%$326,500 -6.7%
    2009$7,043 +5.3%$349,900
    2008$6,685 -1.3%$349,900
    2007$6,772 +4%$349,900 +4%
    2006$6,512 +39.2%$336,400 +49.5%
    2005$4,677 +392.3%$225,000 +426.9%
    2004$950 $42,700
    Find assessor info on the county website

    Neighborhood: Capitol

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Franklin/Randall
    • Middle: Hamilton
    • High: West
    • District: Madison

    Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $549,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $549,400