NOT LISTED FOR SALE

123 W Washington Ave Unit 710 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $427,222 - $690,000

1 Bed
1.5 Baths
967 Sq Ft
$475/mo HOA Fee

Last Sold August 06, 2021

Last sale price $350,000 $362 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,286/month

35 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Elevator
  • Hamilton Middle School Rated A
  • Den
  • Intercom

About This Home

As of August 2021

Check out this scenic perch in the sought-after Loraine Condos! With direct, full-on Capitol views you'll feel like you're living in a postcard! This sunny condo has a downtown location that can't be beat -Concerts on the Square, The Overture, Farmer's Market, and terrific restaurants all steps from your front door. The well-designed unit maximizes the views, with large windows that overlook the Square, and it offers a layout that allows you to host guests + work from home. The primary suite features a large walk-in closet and private bathroom with a deep soaker tub. Don't miss the Crystal Courtyard, the best hidden gem of a private patio in all of Madison! This gorgeous historical building provides a quiet, calming retreat after enjoying all downtown has to offer. Internet just $35/mo!

Last Agent to Sell the Property

Andrea Bolan

Relish Realty License #58590-90 Listed on: 05/18/2021

Last Buyer's Agent

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,568

Year Built

  • Built in 2004

Lot Details

  • 0.55

HOA Fees

  • $475 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 967 Sq Ft Home
  • Open Floorplan
  • Electric Fireplace
  • Low Emissivity Windows
  • Den
  • Storage Room
  • Laundry on main level
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Location

  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5063-8

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, lawn maintenance
  • 87 Units
  • Located in the The Loraine master-planned community

Amenities

  • Elevator

Security

  • Resident Manager or Management On Site
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,568

Year Built

Built in 2004

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath
  • Items Included: Refrigerator, dishwasher, microwave, range/oven, 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
  • Project Name: The Loraine
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 364.53
  • Above Grade Sold Price Per Sq Ft: 361.94
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 967
  • Finished Above Grade Sq Ft: 967
  • 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: 13x11, On Level: M
  • Kitchen: Dimensions: 9x9, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x13, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 7x9, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: closet
  • Basement: None
  • Fireplace: Electric, 1 fireplace
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Water softener included, Intercom, Cable/Satellite Available, Storage Unit Inc
  • Floor Number: 7
  • 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: Security system, Close to busline, Elevator
  • Condo Fee Month: 475
  • 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, Reclaim/Recycle Content

Lot Info

  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 41200
  • Improvements: 307800
  • Total Assessment: 349000
  • Assessment year: 2021
  • Net Taxes: 7568
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-231-5063-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 20, 2021
Sold by
Kustop Brian J and Kustop Charles Yates
Bought by
Shapcott Susan and Sperling Carrie
Seller's Agent
Andrea Bolan
Relish Realty
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$357,000
Sold Price
$350,000
Premium/Discount to List
-$7,000
-1.96%
Total Days on Market
35
Current Estimated Value
$502,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,306
Avg. Annual Appreciation
9.92%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 15, 2018
Sold by
Kelly Kimberly A
Bought by
Kutsop Brian J and Yates Charles M
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Andrea Bolan
Relish Realty
List Price
$349,900
Sold Price
$349,000
Premium/Discount to List
-$900
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$279,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 5, 2017
Sold by
Goffman Alice
Bought by
Kelly Kimberly A
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Tony Ritschard
First Weber Inc
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%
Original Mortgage
$263,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Gehlbach Scott G and Belodubrovskaya Maria
Bought by
Goffman Alice

Purchase Details

Closed on
Dec 23, 2005
Sold by
Gehlbach Scott G and Belodubrovskaya Maris
Bought by
Gehlbach Scott G and Belodubrovskaya Maria

Purchase Details

Closed on
Mar 21, 2005
Sold by
123 West Washington Llc
Bought by
Gehlbach Scott G

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
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Shapcott Susan $350,000 None Available
Kutsop Brian J $349,000 Wisconsin Title
Kelly Kimberly A $310,000 Wisconsin Title & Escrow Llc
Goffman Alice $260,000 None Available
Gehlbach Scott G -- None Available
Gehlbach Scott G $289,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kutsop Brian J $279,200
Previous Owner Kelly Kimberly A $263,000
Previous Owner Gehlbach Scott G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $350,000 -0.7% $362 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $352,500 -1.3% $365 / Sq Ft
05/20/2021 05/20/21 For Sale $357,000 +2.0% $369 / Sq Ft
05/19/2021 05/19/21 Off Market $350,000 -- --
05/18/2021 05/18/21 For Sale $357,000 +2.3% $369 / Sq Ft
03/23/2018 03/23/18 Sold $349,000 -0.3% $361 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $349,900 +0.3% $362 / Sq Ft
01/23/2018 01/23/18 Off Market $349,000 -- --
07/14/2017 07/14/17 Sold $310,000 0.0% $321 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $309,900 -- $320 / 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 $13,737 $407,900 $41,200 $366,700
2023 $6,301 $367,500 $41,200 $326,300
2021 $7,114 $349,000 $41,200 $307,800
2020 $7,569 $349,000 $41,200 $307,800
2019 $7,575 $349,000 $41,200 $307,800
2018 $6,715 $310,000 $41,200 $268,800
2017 $6,728 $297,700 $35,800 $261,900
2016 $6,566 $283,500 $32,500 $251,000
2015 $6,333 $260,000 $17,100 $242,900
2014 $6,090 $260,000 $17,100 $242,900
2013 $5,951 $260,000 $17,100 $242,900
Source: Public Records

Agents Affiliated with this Home

  • Andrea Bolan

    Seller's Agent in 2021

    Andrea Bolan

    Relish Realty

    (608) 215-0420

    7 in this area

    179 Total Sales

    Andrea Bolan
    Section Image
  • Tobi Silgman

    Buyer's Agent in 2021

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    6 in this area

    256 Total Sales

    Tobi Silgman
    Section Image
  • Brandon Grosse

    Seller's Agent in 2018

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    22 in this area

    174 Total Sales

    Brandon Grosse
    Section Image
  • Tony Ritschard

    Buyer's Agent in 2017

    Tony Ritschard

    First Weber Inc

    (608) 279-0305

    12 in this area

    81 Total Sales

    Tony Ritschard
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909529

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5063-8

Wisconsin Dane County Madison 53703 Downtown Madison

123 W Washington Ave Unit 710, Madison, WI

This home is located at 123 W Washington Ave Unit 710, Madison, WI 53703 since 18 May 2021 and is currently estimated at $502,306, approximately $519 per square foot. This property was built in 2004. 123 W Washington Ave Unit 710 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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