NOT LISTED FOR SALE

123 W Washington Ave Unit 1007 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $1,701,957 - $1,848,000

3 Beds
4 Baths
2,984 Sq Ft
$588/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $1,500,000 $503 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,156/month

6 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Hamilton Middle School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of September 2021

Penthouse #1007 in the historic Loraine with private 641 sq. ft rooftop terrace overlooking the Capitol Square perfect for entertaining. Exquisite finishes and attention to detail including everything you would expect to see plus fantastic Capitol views. Open main living room with vaulted ceilings and kitchen boasting Wolf gas range w/pot filler, Subzero and Asko dishwashers. Dining area with Subzero wine fridge. Primary suite with marble bathroom and Bain soaking tub. 3rd bedroom w/Murphy bed and built-in desk. Entertain upstairs in the family room including kitchenette with Subzero, half bathroom, and rooftop terrace. 2nd bedroom suite with Murphy bed and full bathroom. Includes heated, understructure parking for 2+ cars and deeded storage unit just down the hall.

Last Agent to Sell the Property

Brandon Grosse

Accord Realty License #54913-90 Listed on: 07/08/2021

Last Buyer's Agent

Chas Martin

Sprinkman Real Estate License #57744-90

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $28,261

Year Built

  • Built in 2009

Lot Details

  • 0.55

HOA Fees

  • $556 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2,984 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub
  • 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

Schools

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

Utilities

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

Additional Features

  • Deck
  • End Unit
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5087-8

Community Details

Overview

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

Additional Features

  • Elevator
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$28,261

Year Built

Built in 2009

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story, End Unit
  • Barrier Free: First floor bedroom, First floor full bath
  • Homebuilder: Key
  • Items Excluded: Seller's Personal Property including living room light fixture
  • Items Included: Refrigerator x2 - Stove/Oven, Dishwasher x2 , Microwave X2, Disposal, Washer/Dryer, Wine Cooler
  • Fee Includes: Parking, Hot Water, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: The Loraine
  • Year Built: 2009
  • Above Grade Price Per Sq Ft: 527.82
  • Above Grade Sold Price Per Sq Ft: 502.68
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Sq Ft: 2984
  • Finished Above Grade Sq Ft: 2984
  • Bedrooms: 3
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 2
  • Master Bedroom: Dimensions: 15x14, On Level: M
  • Bedroom 2: Dimensions: 9x13, On Level: M
  • Bedroom 3: Dimensions: 14x17, On Level: U
  • Kitchen: Dimensions: 12x12, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x26, On Level: M
  • Dining Room: Dimensions: 13x12, On Level: M
  • Family Room: Dimensions: 23x13, On Level: U
  • Other Room 1: Dimensions: 33x20, On Level: U
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 5x10
  • Basement: None
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Water softener included, Intercom, Jetted bathtub, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 10
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Elevator
  • Condo Fee Month: 556
  • 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)

Lot Info

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

Tax Info

  • Land Assessment: 127200
  • Improvements: 1142800
  • Total Assessment: 1270000
  • Assessment year: 2021
  • Net Taxes: 28261
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-231-5087-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Victorson Michael E and Victorson Karin E
Bought by
Victorson Michael E and Victorson Karin E
Total Days on Market
6
Current Estimated Value
$1,753,986

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 27, 2021
Sold by
Katz Neal J and Katz Marci S
Bought by
Victorson Michael E and Victorson Karin E
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Chas Martin
Sprinkman Real Estate
List Price
$1,575,000
Sold Price
$1,500,000
Premium/Discount to List
-$75,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,470,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2021
Sold by
Katz Neal J and Katz Marci S
Bought by
Katz Neal J and Katz Marci S

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 12, 2017
Sold by
Sebranek Patrick H and Sebranek Judith A
Bought by
Katz Neal J and Katz Marci S
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$1,350,000
Sold Price
$1,270,000
Premium/Discount to List
-$80,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$424,100
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
123 West Washington Llc
Bought by
Sebranek Patrick H and Sebranek Judith A
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
Victorson Michael E -- None Listed On Document
Victorson Michael E $1,500,000 Wisconsin Title & Escrow Llc
Katz Neal J -- None Available
Katz Neal J $1,270,000 Wisconsin Title
Sebranek Patrick H $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victorson Michael E $500,000
Previous Owner Victorson Michael E $1,470,000
Previous Owner Katz Marci S $225,000
Previous Owner Katz Neal J $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $1,500,000 -4.8% $503 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,575,000 +5.0% $528 / Sq Ft
07/08/2021 07/08/21 Off Market $1,500,000 -- --
07/12/2017 07/12/17 Sold $1,270,000 -5.9% $426 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $1,350,000 -- $452 / 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 $55,619 $1,590,800 $127,200 $1,463,600
2023 $27,276 $1,515,000 $127,200 $1,387,800
2021 $26,914 $1,270,000 $127,200 $1,142,800
2020 $28,261 $1,270,000 $127,200 $1,142,800
2019 $28,349 $1,270,000 $127,200 $1,142,800
2018 $28,334 $1,270,000 $127,200 $1,142,800
2017 $25,270 $1,092,500 $110,600 $981,900
2016 $25,959 $1,092,500 $100,500 $992,000
2015 $26,376 $1,092,500 $52,900 $1,039,600
2014 $26,390 $1,092,500 $52,900 $1,039,600
2013 $26,415 $1,092,500 $52,900 $1,039,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1914074

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5087-8