NOT LISTED FOR SALE

123 W Washington Ave Unit 1002 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $1,192,259 - $1,389,000

2 Beds
2.5 Baths
2,378 Sq Ft
$540/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $922,200 $388 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,918/month

73 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Multiple Fireplaces
  • Hamilton Middle School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of December 2016

Loraine Penthouse featuring custom contemporary finishes, private 555 sq. ft rooftop terrace w/sweeping views of the Isthmus & UW campus, Crestron home automation, 13 ft ceilings, master suite with therapeutic bathtub, tiled shower and radiant heat. The 11th floor boasts LR equipped w/tiled wet bar incl. bev. fridge, dishwasher drawer as private rooftop terrace w/gas and water as well as 2nd full bath with Kohler steam shower and 2nd bedroom. Heated tandem parking space plus 2 storage lockers included. Enjoy private entry to Barriques Coffee Trader and all downtown Madison has to offer.

Last Agent to Sell the Property

Brandon Grosse

Accord Realty License #54913-90 Listed on: 08/02/2016

Last Buyer's Agent

Rachel Whaley

Lauer Realty Group, Inc. License #57911-94

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,198

Year Built

  • Built in 2004

Lot Details

  • 0.55

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2,378 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Low Emissivity Windows
  • Great Room
  • Storage Room
  • Water Views
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Tandem Parking
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Ramped or Level from Garage

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5082-8

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, cable/satellite, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund
  • 87 Units
  • Located in the The Loraine master-planned community
  • Built by Key Construction

Amenities

  • Elevator

Security

  • Resident Manager or Management On Site
  • Building Security System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,198

Year Built

Built in 2004

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower
  • Homebuilder: Key Construction
  • Items Included: Humidifier,All window coverings,Freezer
  • Fee Includes: Parking, Hot Water, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: The Loraine
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 399.45
  • Above Grade Sold Price Per Sq Ft: 387.8
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 2378
  • Finished Above Grade Sq Ft: 2378
  • Bedrooms: 2
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 14x19, On Level: M
  • Bedroom 2: Dimensions: 11x13, On Level: M
  • Kitchen: Dimensions: 8x14, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x19, On Level: M
  • Dining Room: Dimensions: 12x13, On Level: M
  • Dining Area: On Level: M
  • Family Room: Dimensions: 15x20, On Level: U
  • Other Room 1: Other, Dimensions: 18x31, On Level: U
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 5x4
  • Basement: None
  • Fireplace: Gas, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Air exchanger, Water softener included, Central vac, Intercom, Jetted bathtub, Wet bar, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air, In Floor Radiant Heat, Zoned Heating
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Tandem, Heated, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Security system, Close to busline, Elevator
  • Condo Fee Month: 424
  • Condo Management: Professional onsite
  • Proposed Units In Assoc: 87
  • Units in Association: 87
  • Units In Building: 87

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Green Features

  • Energy Eff Green: Energy Star Appliance(s), Low E Windows

Lot Info

  • Zoning: C4 HIS-L
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 79800
  • Improvements: 840200
  • Total Assessment: 920000
  • Assessment year: 2016
  • Net Taxes: 22198
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-231-5082-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2019
Sold by
Volk Donald F and Volk Susan M
Bought by
Volk Investment Group 2 Llc
Total Days on Market
73
Current Estimated Value
$1,284,315

Purchase Details

Listed on
Aug 2, 2016
Closed on
Dec 14, 2016
Sold by
Thiele Patrick
Bought by
Volk Donald F and Volk Susan M
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Rachel Whaley
Lauer Realty Group, Inc.
List Price
$949,900
Sold Price
$922,200
Premium/Discount to List
-$27,700
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jun 16, 2014
Sold by
123 West Washington Llc
Bought by
Thiele Patrick
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Shawn Kriewaldt
Keller Williams Realty
List Price
$949,500
Sold Price
$920,000
Premium/Discount to List
-$29,500
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%
Source: Public Records

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Volk Investment Group 2 Llc -- None Available
Volk Donald F $870,000 Wisconsin Title
Thiele Patrick $920,000 Wisconsin Title & Escrow Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $922,200 -2.9% $388 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $949,900 +3.3% $399 / Sq Ft
06/16/2014 06/16/14 Sold $920,000 -3.1% $387 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $949,500 -- $399 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $40,086 $1,136,900 $101,000 $1,035,900
2023 $20,285 $1,114,600 $101,000 $1,013,600
2021 $19,991 $933,900 $101,000 $832,900
2020 $20,903 $933,900 $101,000 $832,900
2019 $20,986 $933,900 $101,000 $832,900
2018 $20,145 $898,000 $101,000 $797,000
2017 $20,871 $898,000 $87,800 $810,200
2016 $21,974 $920,000 $79,800 $840,200
2015 $11,099 $504,400 $42,000 $462,400
2014 $12,142 $504,400 $42,000 $462,400
2013 $11,543 $504,400 $42,000 $462,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1783059

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5082-8