Formerly one of Madison's classiest hotels, The Loraine Condominiums, are filled with history & modern elegance in the heart of downtown Madison! From the moment you step into the stunning Art Deco lobby, you'll be captivated by the echoes of its storied past as a grand hotel. Renovated in 2017, you'll enjoy breathtaking views of the State Capitol. The interior has beautiful custom cabinetry & built-in features, creating a highly functional living space that seamlessly integrates with classic architectural details like tray ceilings & crown molding. Imagine stepping outside your door & being just moments away from the vibrant energy of downtown Madison. Drop your bags & enjoy concerts, farmer's markets, art galleries, shops, cafes & restaurants. A perfect pied-à-terre to experience!
Sold for $417,000
$417,000
123 W Washington Ave Unit 510, Madison, WI 53703
1beds
967sqft
Condominium
Built in 2004
-- sqft lot
$429,700 Zestimate®
$431/sqft
$2,653 Estimated rent
Home value
$429,700
$404,000 - $460,000
$2,653/mo
Zestimate® history
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$2,842/mo
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Zillow last checked:
Listing updated:
Listed by:
Susan W Stoehr,
EXP Realty, LLC
Bought with:
The 608 Team
EXP Realty, LLC
The 608 Team
EXP Realty, LLC
Source: SCWMLS,MLS#: 1995660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Kitchen
- Features: Breakfast Bar, Dishwasher, Disposal, Kitchen Island, Microwave, Range/Oven, Refrigerator
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Living room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Main Level
Features
- Storage Unit Inc, Den/Office
- Flooring: Wood or sim. wood floors
- Basement: None
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 967
- Total interior livable area: 967 sqft
- Finished area above ground: 967
Property
Parking
- Parking features: Underground, Heated Garage, 1 space assigned
- Has attached garage: Yes
Details
- Parcel number: 070923150414
- Zoning: DC
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, Common Green Space, Elevator, Rooftop common area
- Security: Security System
HOA
- Has HOA: Yes
- Amenities included: Parking
- Services included: Common area insurance, Common area maintenance, Hot Water, Reserve fund, Snow Removal, Trash, Water/Sewer
- HOA fee: $565 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $460,000
- Annual tax amount: $7,036
- Date on market: 3/31/2025
- Listing terms: Arms Length
- Inclusions: Range/oven, refrigerator, dishwasher, microwave, disposal, washer, dryer, all window coverings.
- Exclusions: Seller's personal property.
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Sold | $417,000-7.3%$431/sqft |
Source: SCWMLS #1995660 Report a problem | ||
| 7/21/2025 | Contingent | $450,000$465/sqft |
Source:  WIREX MLS #1995660 Report a problem | ||
| 6/30/2025 | Price change | $450,000-4.3%$465/sqft |
Source: WIREX MLS #1995660 Report a problem | ||
| 4/24/2025 | Price change | $470,000-6%$486/sqft |
Source: WIREX MLS #1995660 Report a problem | ||
| 4/9/2025 | Listed for sale | $500,000+8.7%$517/sqft |
Source: WIREX MLS #1995660 Report a problem | ||
| 5/31/2024 | Sold | $460,000-7.1%$476/sqft |
Source: Public Record Report a problem | ||
| 3/29/2024 | Pending sale | $495,000$512/sqft |
Source: WIREX MLS #1971664 Report a problem | ||
| 3/24/2024 | Contingent | $495,000$512/sqft |
Source: WIREX MLS #1971664 Report a problem | ||
| 3/11/2024 | Price change | $495,000-10%$512/sqft |
Source: WIREX MLS #1971664 Report a problem | ||
| 3/1/2024 | Listed for sale | $550,000+91.3%$569/sqft |
Source: WIREX MLS #1971664 Report a problem | ||
| 2/13/2017 | Sold | $287,500-3.8%$297/sqft |
Source: Public Record Report a problem | ||
| 7/22/2016 | Listed for sale | $299,000$309/sqft |
Source: Keller Real Estate, LLC #1782236 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,873 +7.9% | $402,200 +11% |
| 2023 | $7,300 | $362,300 +5% |
| 2022 | -- | $345,000 +7% |
| 2021 | -- | $322,400 |
| 2020 | -- | $322,400 |
| 2019 | $6,904 | $322,400 +4% |
| 2018 | $6,904 +8.7% | $310,000 +12.5% |
| 2017 | $6,351 +6.3% | $275,600 +5% |
| 2016 | $5,975 +1.9% | $262,500 +7% |
| 2014 | $5,865 -0.1% | $245,300 |
| 2013 | $5,872 +0.2% | $245,300 |
| 2012 | $5,860 -0.2% | $245,300 -5% |
| 2011 | $5,872 -1.7% | $258,200 -5% |
| 2010 | $5,971 +8.2% | $271,800 |
| 2009 | $5,519 +5.1% | $271,800 |
| 2008 | $5,253 -1.6% | $271,800 |
| 2007 | $5,340 +3.7% | $271,800 +4% |
| 2006 | $5,148 -0.5% | $261,300 +5% |
| 2005 | $5,173 +629% | $248,900 +680.3% |
| 2004 | $710 | $31,900 |
Find assessor info on the county website
Neighborhood: Capitol
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Nearby schools
GreatSchools rating
- NAFranklin Elementary SchoolGrades: PK-2Distance: 1.2 mi
- 8/10Hamilton Middle SchoolGrades: 6-8Distance: 3.8 mi
- 9/10West High SchoolGrades: 9-12Distance: 2.1 mi
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
$429,700
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
$429,700
- Wisconsin
- Dane County
- Madison
- 53703
- Capitol
- 123 W Washington Ave Unit 510
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