$450,000
SOLD JUN 5, 2025
1 Bed
1.5 Baths
1,076 Sq Ft
$594/mo HOA Fee

Recently Sold

$418 Per Sq Ft

5% Below List Price

50 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Elevator
  • Hamilton Middle School Rated A
  • Main Floor Bedroom
  • Intercom

About This Home

As of June 2025

Experience breathtaking Capitol views from every window of this stunning 6th-floor residence in the iconic Loraine. This elegant 1bed/1.5bath condo features a spacious kitchen with rich maple cabinetry, granite counters, and stainless steel appliances. The spacious primary suite offers generous closet space and an en-suite bath with dual vanities. Enjoy the convenience of heated underground parking and additional storage. Residents have exclusive access to the communal courtyard, all while being steps from the best dining, shopping + entertainment downtown Madison has to offer. New wood flooring-2023.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 03/18/2025

Last Buyer's Agent

Kelley Muselman

Realty Executives Cooper Spransy License #60250-90

Realty Executives Cooper Spransy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,377

Year Built

  • Built in 2004

HOA Fees

  • $594 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,076 Sq Ft Home
  • Open Floorplan
  • Electric Fireplace
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Approach with Ramp
  • Ramped or Level from Garage

Schools

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

Utilities

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

Additional Features

  • Air Exchanger
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5051-3

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 Condominium master-planned community
  • Property Manager
  • Greenbelt

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,377

Year Built

Built in 2004

Lot Details

0

HOA Fees

$594 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Sellers' Personal Belongings
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer, TV in living room
  • 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 Condominium
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 418.22
  • Above Grade Sold Price Per Sq Ft: 418.22
  • Reso Accessibility Features: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1076
  • Finished Above Grade Sq Ft: 1076
  • Bedrooms: 1
  • Total Bathrooms: 1.5
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x13, On Level: M
  • Kitchen: Dimensions: 13x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 21x15, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Electric, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Air exchanger, Water softener included, Intercom, Cable/Satellite Available, Storage Unit Inc
  • Floor Number: 6
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Exterior: Brick, Stucco, Stone

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Elevator
  • Condo Fee Month: 594
  • 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

Green Features

  • Energy Eff Green: Energy Star Appliance(s)

Lot Info

  • Zoning: C4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 45900
  • Improvements: 375500
  • Total Assessment: 421400
  • Assessment year: 2024
  • Net Taxes: 7377
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-231-5051-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jun 5, 2025
Sold by
Bender Craig G and Bender Christie L
Bought by
Backman Noah F and Buckley Stella
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Kelley Muselman
Realty Executives Cooper Spransy
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
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
1.00%
Original Mortgage
$360,000
Outstanding Balance
$360,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$91,075

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 14, 2012
Sold by
Oneal Arthur T
Bought by
Bender Craig G and Bender Christie L
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$284,900
Sold Price
$276,000
Premium/Discount to List
-$8,900
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$207,000
Interest Rate
2.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Amrstrong Lisa Kay
Bought by
Oneal Arthur T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Chase Home Finance Llc
Bought by
Armstrong Lisa Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Vanderpool Thomas R and Vanderpool Carol J
Bought by
Chase Home Finance Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Nations Title
Condominium Deed $276,000 Wisconsin Title & Escrow Llc
Condominium Deed $275,000 None Available
Special Warranty Deed $270,300 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $315,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $450,000 0.0% $418 / Sq Ft
05/02/2025 05/02/25 Price Changed $450,000 -5.3% $418 / Sq Ft
04/02/2025 04/02/25 For Sale $475,000 +5.6% $441 / Sq Ft
03/19/2025 03/19/25 Off Market $450,000 -- --
03/18/2025 03/18/25 For Sale $450,000 +63.0% $418 / Sq Ft
11/16/2012 11/16/12 Sold $276,000 -3.1% $257 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $284,900 -- $265 / 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 $14,753 $421,400 $45,900 $375,500
2023 $7,178 $397,500 $45,900 $351,600
2021 $8,054 $378,600 $45,900 $332,700
2020 $8,427 $378,600 $45,900 $332,700
2019 $8,461 $378,600 $45,900 $332,700
2018 $8,120 $364,000 $45,900 $318,100
2017 $7,305 $316,500 $39,900 $276,600
2016 $7,145 $301,400 $36,300 $265,100
2015 $6,871 $287,000 $19,100 $267,900
2014 $6,875 $287,000 $19,100 $267,900
2013 $6,770 $276,000 $19,100 $256,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1995623

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5051-3