Experience the pinnacle of luxury living at The Loraine, steps from the Capitol with stunning views of Lake Mendota! This spacious condo offers an open, light-filled layout featuring beautiful birch floors, an elegant tray ceiling, and cozy fireplace. The kitchen dazzles with maple cabinetry and sleek granite countertops. Retreat to the expansive primary suite with abundant custom-built closet space and a remodeled spa-inspired bathroom featuring marble finishes with a dual vanity and a separate tub & shower. The generous den offers endless versatility as a home office or optional second bedroom, along with a beautifully updated full bathroom for added convenience. With a private storage unit & oversized heated underground parking spot, this condo provides the ultimate downtown lifestyle!
Sold for $515,000
$515,000
123 W Washington Ave Unit 706, Madison, WI 53703
1beds
1,293sqft
Condominium
Built in 2004
-- sqft lot
$533,500 Zestimate®
$398/sqft
$3,016 Estimated rent
Home value
$533,500
$496,000 - $571,000
$3,016/mo
Zestimate® history
Owner options
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$4,010/mo
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Zillow last checked:
Listing updated:
Listed by:
Living In Madison Real Estate Group,
Keller Williams Realty
Bought with:
Krissy Newman, 76433-94
Restaino & Associates
Source: SCWMLS,MLS#: 1988619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Kitchen
- Features: Breakfast Bar, Dishwasher, Disposal, Microwave, Pantry, Range/Oven, Refrigerator
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Living room
- Level: Main
- Area: 340
- Dimensions: 20 x 17
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer
- Laundry: Main Level
Features
- Walk-In Closet(s), Storage Unit Inc, 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: Heated Garage, 1 space assigned
Lot
- Features: Above Commercial/Retail
Details
- Parcel number: 070923150597
- 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
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Community
- Community features: Close to busline, Elevator, Rooftop common area
Location
- Region: Madison
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $585 monthly
- Amenities included: Parking
- Services included: Cable/Satellite, Common area insurance, Common area maintenance, Hot Water, Reserve fund, Snow Removal, Trash, Water/Sewer
Other
Other facts
- Listing terms: Rental Allowed,Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $515,000$398/sqft |
Source: Public Record Report a problem | ||
| 11/16/2024 | Pending sale | $515,000$398/sqft |
Source:  WIREX MLS #1988619 Report a problem | ||
| 10/31/2024 | Listed for sale | $515,000+51.5%$398/sqft |
Source: WIREX MLS #1988619 Report a problem | ||
| 10/2/2024 | Listing removed | $2,495$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Price change | $2,495-9.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/27/2024 | Price change | $2,750-3.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2024 | Listed for rent | $2,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2024 | Listing removed | $2,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Price change | $2,850+10.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/6/2024 | Price change | $2,580-7.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2024 | Price change | $2,780-6.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2024 | Price change | $2,980-5.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/13/2024 | Listed for rent | $3,150$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/23/2016 | Sold | $340,000+4.6%$263/sqft |
Source: SCWMLS #1764459 Report a problem | ||
| 3/15/2013 | Sold | $325,000+4.2%$251/sqft |
Source: SCWMLS #1675766 Report a problem | ||
| 7/15/2011 | Sold | $312,000-5.2%$241/sqft |
Source: Public Record Report a problem | ||
| 11/1/2010 | Price change | $329,000-2.4%$254/sqft |
Source: Accord Realty, LLC #1591284 Report a problem | ||
| 9/16/2010 | Price change | $337,000-2.3%$261/sqft |
Source: Accord Realty, LLC #1591284 Report a problem | ||
| 5/1/2010 | Listed for sale | $345,000-7.5%$267/sqft |
Source: Accord Realty, LLC #1591284 Report a problem | ||
| 9/17/2007 | Sold | $373,000+17.9%$288/sqft |
Source: Public Record Report a problem | ||
| 2/11/2005 | Sold | $316,500$245/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,836 +5.9% | $502,500 +9% |
| 2023 | $9,288 | $461,000 +14% |
| 2022 | -- | $404,400 +1% |
| 2021 | -- | $400,400 |
| 2020 | -- | $400,400 |
| 2019 | $8,593 | $400,400 +4% |
| 2018 | $8,593 +9.4% | $385,000 +13.2% |
| 2017 | $7,853 +0.8% | $340,000 |
| 2016 | $7,791 -0.1% | $340,000 +4.6% |
| 2014 | $7,796 +3.9% | $325,000 +4.2% |
| 2013 | $7,503 +0.4% | $312,000 |
| 2012 | $7,475 -0.4% | $312,000 -5.2% |
| 2011 | $7,503 -4.1% | $329,000 -7.3% |
| 2010 | $7,822 +2.9% | $355,000 -4.8% |
| 2009 | $7,600 +5.2% | $373,000 |
| 2008 | $7,223 +13% | $373,000 +14.6% |
| 2007 | $6,395 +3.7% | $325,500 +4% |
| 2006 | $6,167 +0.6% | $313,000 +6.1% |
| 2005 | $6,131 +545.5% | $295,000 +590.9% |
| 2004 | $950 | $42,700 |
Find assessor info on the county website
Neighborhood: Capitol
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
$533,500
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
$533,500
- Wisconsin
- Dane County
- Madison
- 53703
- Capitol
- 123 W Washington Ave Unit 706
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