NOT LISTED FOR SALE

123 W Washington Ave Unit 1006 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $1,118,000 - $1,445,076

2 Beds
2.5 Baths
2,522 Sq Ft
$492/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $1,000,000 $397 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,707/month

13 Days on Market

Highlights

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

About This Home

As of March 2017

Looking for the quintessential downtown Madison condo? Look no further than this Capitol facing, 2 story penthouse in the historic Loraine. Exquisite finishes and attention to detail including everything you’d expect from 2 bedrooms and an office to all the amenities you’d hope for; a private outdoor terrace overlooking the Capitol Square that is perfect for entertaining, upstairs kitchen, bar + guest suite with sauna. Price includes 2 side-by-side premium 1st floor parking spaces, 2 storage units as well as most of the furniture. Available now.

Last Agent to Sell the Property

Brandon Grosse

Accord Realty License #54913-90 Listed on: 02/03/2017

Last Buyer's Agent

Brandon Grosse

Accord Realty License #54913-90 Listed on: 02/03/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,974

Year Built

  • Built in 2005

Lot Details

  • 0.55

HOA Fees

  • $503 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 2,522 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Low Emissivity Windows
  • Great Room
  • Den
  • Storage Room
  • Water Views
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • 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
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5086-0

Community Details

Overview

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

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,974

Year Built

Built in 2005

Lot Details

0

HOA Fees

$503 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, Low pile or no carpeting
  • Homebuilder: Key Construction
  • Items Included: All window coverings
  • Fee Includes: Parking, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: The Loraine
  • Year Built: 2005
  • Above Grade Price Per Sq Ft: 434.18
  • Above Grade Sold Price Per Sq Ft: 396.51
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 2522
  • Finished Above Grade Sq Ft: 2522
  • 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: 15x14, On Level: M
  • Bedroom 2: On Level: M
  • Kitchen: Dimensions: 10x12, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 19x16, On Level: M
  • Dining Room: Dimensions: 12x11, On Level: M
  • Family Room: On Level: U
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 10x8, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Water softener included, Security system for Unit, Central vac, Jetted bathtub, Wet bar, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 99
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Close to busline, Elevator
  • Condo Fee Month: 503
  • 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
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 84900
  • Improvements: 835100
  • Total Assessment: 920000
  • Assessment year: 2016
  • Net Taxes: 21974
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-231-5086-0

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
13
Current Estimated Value
$1,240,519

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 31, 2017
Sold by
Geier Thomas J and Geier Jill E
Bought by
Budde Frederick L and Budde Joan C
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Geier Thomas J and Geier Jill E
Bought by
Volk Donald F and Volk Susan M

Purchase Details

Closed on
Jun 11, 2014
Sold by
123 West Washington Llc
Bought by
Geier Thomas J and Geier Hill E

Purchase Details

Closed on
Jan 22, 2010
Sold by
123 West Washington Llc
Bought by
Geier Thomas J and Geier Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

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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
Budde Frederick L -- None Available
Volk Donald F -- Wisconsin Title
Geier Thomas J $1,000 Wisconsin Title & Escrow Llc
Geier Thomas J $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geier Thomas J $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $1,000,000 -8.7% $397 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,095,000 -- $434 / 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 $45,510 $1,290,100 $107,400 $1,182,700
2023 $22,371 $1,228,700 $107,400 $1,121,300
2021 $22,049 $1,029,600 $107,400 $922,200
2020 $23,053 $1,029,600 $107,400 $922,200
2019 $23,145 $1,029,600 $107,400 $922,200
2018 $22,217 $990,000 $107,400 $882,600
2017 $21,384 $920,000 $93,400 $826,600
2016 $21,974 $920,000 $84,900 $835,100
2015 $22,199 $869,000 $44,700 $824,300
2014 $20,975 $869,000 $44,700 $824,300
2013 $21,001 $869,000 $44,700 $824,300
Source: Public Records

Agents Affiliated with this Home

  • Brandon Grosse

    Seller's Agent in 2017

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    22 in this area

    175 Total Sales

    Brandon Grosse
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1794164

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5086-0

Wisconsin Dane County Madison 53703 Downtown Madison

123 W Washington Ave Unit 1006, Madison, WI

This home is located at 123 W Washington Ave Unit 1006, Madison, WI 53703 since 03 February 2017 and is currently estimated at $1,240,519, approximately $491 per square foot. This property was built in 2005. 123 W Washington Ave Unit 1006 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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