NOT LISTED FOR SALE

123 W Washington Ave Unit 603 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $388,000 - $403,415

1 Bed
2 Baths
942 Sq Ft
$593/mo HOA Fee

Last Sold February 28, 2025

Last sale price $380,000 $403 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,151/month

29 Days on Market

Highlights

  • Rooftop Deck
  • Open Floorplan
  • Great Room
  • Hamilton Middle School Rated A
  • Wood Flooring
  • Den

About This Home

As of February 2025

Enjoy the convenience of city life w/ nature's tranquility, just steps away in The historical Loraine building, perfectly situated off the Capital Square! It's meticulous design combines modern elegance w/ convenience, making it a coveted gem! Kitchen equipped with SS appliances, sleek countertops, ample storage and br bar, perfect for entertaining guests. The primary suite is a private sanctuary featuring a luxurious bdrm w/ a spa-inspired ensuite bath, offering relaxation & comfort amidst city life. Living rm w/ fireplace that exudes warmth & charm, creating a cozy ambiance during chilly evenings, adding a touch of elegance to space. The appointed den/office w/ convenient access to main bath, ideal for visiting guests. Cable & Internet included!

Last Agent to Sell the Property

Sara White

Sara White Homes License #60264-90 Listed on: 01/02/2025

Last Buyer's Agent

Brandon Grosse

Accord Realty License #54913-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 2004

Lot Details

  • 0.55

HOA Fees

  • $593 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 942 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Great Room
  • Den
  • Storage Room
  • Wood Flooring
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5045-6

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, lawn maintenance, high speed internet
  • 87 Units
  • Located in the The Loraine master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,424

Year Built

Built in 2004

Lot Details

0

HOA Fees

$593 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: sellers personal property
  • Items Included: Range/Oven, Refrigerator, Microwave, Dishwasher, Washer, Dryer
  • Fee Includes: Parking, Hot Water, Water/Sewer, Cable/Satellite, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance, High Speed Internet
  • Project Name: The Loraine
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 419.32
  • Above Grade Sold Price Per Sq Ft: 403.4
  • Reso Accessibility Features: Open floor plan, Elevator
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 942
  • Finished Above Grade Sq Ft: 942
  • Bedrooms: 1
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x11, On Level: M
  • Kitchen: Dimensions: 8x10, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x13, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 7x7, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Great room, Washer, Dryer, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub, Smart thermostat
  • Floor Number: 6
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick, Stone

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Heated, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Elevator, Rooftop common area
  • Condo Fee Month: 593
  • Condo Management: Professional offsite
  • 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

Lot Info

  • Zoning: DC
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 2024
  • Improvements: 355400
  • Total Assessment: 395500
  • Assessment year: 2024
  • Net Taxes: 6424
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-231-5045-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 28, 2025
Sold by
Mack David A and Mack Katherine A
Bought by
Lanham Philip
Seller's Agent
Sara White
Sara White Homes
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Total Days on Market
29
Views
263
Current Estimated Value
$396,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,604
Avg. Annual Appreciation
9.29%

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 30, 2020
Sold by
Park Kevin C and Raihl Steven
Bought by
Mack David A and Mack Katherine A
Seller's Agent
Amos Smith
South Central Non-Member
Buyer's Agent
Amber Huemmer
LPT Realty
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$95,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2019
Sold by
Park Kevin C
Bought by
Park Kevin C and Raihl Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,550
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 25, 2017
Sold by
Perrin Carter
Bought by
Park Kevin C
Seller's Agent
Andrea Bolan
Relish Realty
Buyer's Agent
Susan Stoehr
EXP Realty, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$240,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 22, 2016
Sold by
Kitts Michael J and Kitts Susan A
Bought by
Perrin Carter
Seller's Agent
Cait Berry
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
Andrea Bolan
Relish Realty
List Price
$290,000
Sold Price
$281,500
Premium/Discount to List
-$8,500
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$267,425
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2015
Closed on
Feb 10, 2015
Sold by
Sammons Barry and Sammons Kathleen
Bought by
Kitts Michael J and Kitts Susan A
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Cait Berry
Berkshire Hathaway HomeServices True Realty
List Price
$269,900
Sold Price
$267,000
Premium/Discount to List
-$2,900
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$253,650
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
123 West Washington Llc
Bought by
Sammons Barry and Sammons Kathleen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lanham Philip $380,000 Knight Barry Title
Mack David A $295,000 None Available
Park Kevin C -- None Available
Park Kevin C -- None Available
Perrin Carter $281,500 Knight Barry Title Svcs Llc
Kitts Michael J $267,000 Wisconsin Title & Escrow Llc
Sammons Barry $259,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mack David A $360,000
Previous Owner Mack David A $95,000
Previous Owner Park Kevin C $234,550
Previous Owner Park Kevin C $240,000
Previous Owner Perrin Carter $266,300
Previous Owner Perrin Carter $267,425
Previous Owner Kitts Michael J $253,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $380,000 -3.8% $403 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $395,000 +33.9% $419 / Sq Ft
07/07/2020 07/07/20 Sold $295,000 -1.6% $313 / Sq Ft
05/25/2020 05/25/20 Price Changed $299,900 -1.6% $318 / Sq Ft
05/19/2020 05/19/20 Price Changed $304,900 -1.6% $324 / Sq Ft
04/28/2020 04/28/20 For Sale $309,900 +3.3% $329 / Sq Ft
03/30/2017 03/30/17 Sold $300,000 0.0% $318 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $300,000 +6.6% $318 / Sq Ft
04/22/2016 04/22/16 Sold $281,500 -2.9% $299 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $290,000 +8.6% $308 / Sq Ft
02/10/2015 02/10/15 Sold $267,000 -1.1% $283 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $269,900 -- $287 / 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 $13,836 $395,500 $40,100 $355,400
2023 $6,424 $356,300 $40,100 $316,200
2021 $6,256 $295,000 $40,100 $254,900
2020 $6,886 $310,000 $40,100 $269,900
2019 $6,914 $310,000 $40,100 $269,900
2018 $6,904 $310,000 $40,100 $269,900
2017 $6,488 $281,500 $34,900 $246,600
2016 $6,321 $267,000 $31,700 $235,300
2015 $6,048 $240,300 $16,700 $223,600
2014 $5,744 $240,300 $16,700 $223,600
2013 $5,750 $240,300 $16,700 $223,600
Source: Public Records

Agents Affiliated with this Home

  • Sara White

    Seller's Agent in 2025

    Sara White

    Sara White Homes

    (608) 213-3103

    1 in this area

    18 Total Sales

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  • Brandon Grosse

    Buyer's Agent in 2025

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    20 in this area

    166 Total Sales

    Section Image

  • A

    Seller's Agent in 2020

    Amos Smith

    South Central Non-Member

    Section Image
  • Amber Huemmer

    Buyer's Agent in 2020

    Amber Huemmer

    LPT Realty

    (608) 279-5424

    4 in this area

    595 Total Sales

    Section Image
  • Andrea Bolan

    Seller's Agent in 2017

    Andrea Bolan

    Relish Realty

    (608) 215-0420

    6 in this area

    173 Total Sales

    Section Image
  • Susan Stoehr

    Buyer's Agent in 2017

    Susan Stoehr

    EXP Realty, LLC

    (608) 212-2326

    6 in this area

    112 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1991191

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5045-6

Wisconsin Dane County Madison 53703 Downtown Madison

123 W Washington Ave Unit 603, Madison, WI

This home is located at 123 W Washington Ave Unit 603, Madison, WI 53703 since 02 January 2025 and is currently estimated at $396,604, approximately $421 per square foot. This property was built in 2004. 123 W Washington Ave Unit 603 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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