123 W Washington Ave Unit 706 Madison, WI 53703
Downtown Madison Neighborhood
1
Bed
2
Baths
1,293
Sq Ft
$585/mo
HOA Fee
Highlights
- Rooftop Deck
- Open Floorplan
- Main Floor Bedroom
- Hamilton Middle School Rated A
- Wood Flooring
- Den
About This Home
As of January 2025Experience the pinnacle of luxury living at The Loraine, steps from the Capitol with stunning views of Lake Mendota! This spacious condo offers an open, light-filled layout featuring beautiful birch floors, an elegant tray ceiling, and cozy fireplace. The kitchen dazzles with maple cabinetry and sleek granite countertops. Retreat to the expansive primary suite with abundant custom-built closet space and a remodeled spa-inspired bathroom featuring marble finishes with a dual vanity and a separate tub & shower. The generous den offers endless versatility as a home office or optional second bedroom, along with a beautifully updated full bathroom for added convenience. With a private storage unit & oversized heated underground parking spot, this condo provides the ultimate downtown lifestyle!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: 608-218-4676 Listed on: 10/28/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,338
Year Built
- Built in 2004
HOA Fees
- $585 Monthly HOA Fees
Home Design
- Garden Home
- Brick Exterior Construction
Interior Spaces
- 1,293 Sq Ft Home
- Open Floorplan
- Electric Fireplace
- Entrance Foyer
- Den
- Storage Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathroom on Main Level
- Separate Shower in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Parking
- Garage
- Heated Garage
Accessible Home Design
- Accessible Elevator Installed
- Accessible Approach with Ramp
- Ramped or Level from Garage
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Additional Features
- Property is near a bus stop
- Forced Air Cooling System
Listing and Financial Details
- Assessor Parcel Number 0709-231-5059-7
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
- Property Manager
Additional Features
- Rooftop Deck
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Jan 29, 2025
Sold by
Mititelu Mihai
Bought by
Lotharius Stephen E and Anderson Rosalind D
Seller's Agent
Mari Slobounov
Keller Williams Realty
Buyer's Agent
Krissy Newman
Restaino & Associates
List Price
$515,000
Sold Price
$515,000
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,708
Avg. Annual Appreciation
3.48%
Original Mortgage
$100,000
Outstanding Balance
$99,917
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$424,851
Purchase Details
Listed on
Jan 11, 2016
Closed on
Mar 17, 2016
Sold by
Warner Raymond R and Warner Julie M
Bought by
Mititelu Mihai
Seller's Agent
Sandy Gamm*
Badger Realty Group
Buyer's Agent
Diana Hause
Realty Profiles, LLC
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$272,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 13, 2013
Closed on
Mar 15, 2013
Sold by
Plowshay Tyson O
Bought by
Warner Raymond R and Warner Julie M
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$325,000
Sold Price
$325,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Purchase Details
Closed on
Jul 15, 2011
Sold by
Behnke Robert P
Bought by
Plowshay Tyson O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2007
Sold by
Gary Michael R and Gary Jacquelyn M
Bought by
Behnke Robert P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 14, 2005
Sold by
123 West Washington Llc
Bought by
Gray Michael R and Gray Jacquelyn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Madison, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $515,000 | None Listed On Document | |
| Warranty Deed | $340,000 | None Available | |
| Condominium Deed | $325,000 | Wisconsin Title & Escrow Llc | |
| Condominium Deed | $312,000 | Wisconsin Title & Escrow Llc | |
| Condominium Deed | $373,000 | None Available | |
| Warranty Deed | $316,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Closed | $115,000 | New Conventional | |
| Previous Owner | $272,000 | New Conventional | |
| Previous Owner | $249,600 | New Conventional | |
| Previous Owner | $300,800 | Purchase Money Mortgage | |
| Previous Owner | $252,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $515,000 | 0.0% | $398 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | For Sale | $515,000 | 0.0% | $398 / Sq Ft |
| 10/28/2024 10/28/24 | Off Market | $515,000 | -- | -- |
| 03/23/2016 03/23/16 | Sold | $340,000 | -2.8% | $263 / Sq Ft |
| 01/16/2016 01/16/16 | Pending | -- | -- | -- |
| 01/11/2016 01/11/16 | For Sale | $349,900 | +7.7% | $271 / Sq Ft |
| 03/15/2013 03/15/13 | Sold | $325,000 | 0.0% | $251 / Sq Ft |
| 02/13/2013 02/13/13 | Pending | -- | -- | -- |
| 02/13/2013 02/13/13 | For Sale | $325,000 | -- | $251 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $17,624 | $502,500 | $55,100 | $447,400 |
| 2023 | $8,338 | $461,000 | $55,100 | $405,900 |
| 2021 | $8,522 | $400,400 | $55,100 | $345,300 |
| 2020 | $8,917 | $400,400 | $55,100 | $345,300 |
| 2019 | $8,953 | $400,400 | $55,100 | $345,300 |
| 2018 | $8,593 | $385,000 | $55,100 | $329,900 |
| 2017 | $7,853 | $340,000 | $47,900 | $292,100 |
| 2016 | $8,071 | $340,000 | $43,500 | $296,500 |
| 2015 | $7,791 | $325,000 | $22,900 | $302,100 |
| 2014 | $7,796 | $325,000 | $22,900 | $302,100 |
| 2013 | $7,503 | $312,000 | $22,900 | $289,100 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Mari Slobounov
Keller Williams Realty
(805) 234-4360
15 in this area
472 Total Sales
-
Buyer's Agent in 2025
Krissy Newman
Restaino & Associates
(608) 334-8302
1 in this area
29 Total Sales
-
S
Seller's Agent in 2016
Sandy Gamm*
Badger Realty Group
-
Buyer's Agent in 2016
Diana Hause
Realty Profiles, LLC
(608) 217-4957
12 in this area
30 Total Sales
-
Seller's Agent in 2013
Brandon Grosse
Accord Realty
(608) 577-9860
20 in this area
166 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1988619
APN: 0709-231-5059-7
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