NOT LISTED FOR SALE

123 W Washington Ave Unit 808 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $734,000 - $955,000

2 Beds
2.5 Baths
1,709 Sq Ft
$382/mo HOA Fee

Last Sold February 28, 2014

Last sale price $479,000 $280 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,700/month

183 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Elevator
  • Hamilton Middle School Rated A
  • End Unit
  • Bathtub

About This Home

As of February 2014

PRICE REDUCED! 8th floor 2 bedroom/2.5 bath end unit in the historic Loraine building overlooking The Capitol Square. Over 1700+ sq ft of living space complete with Capitol views and 11 windows on 3 sides! SS appliances, black granite counter tops as well as custom tile backsplash. Large living/dining area with powder room and each bedroom has it's own private bath. Wired for audio in living room/master bed. Enjoy the buildings Grand Lobby, Crystal Courtyard and direct access to Barriques Coffee.

Last Agent to Sell the Property

Brandon Grosse

Accord Realty License #54913-90 Listed on: 07/15/2013

Last Buyer's Agent

Tammy Krez

Stark Company, REALTORS License #53225-90

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 0.55

HOA Fees

  • $382 Monthly HOA Fees

Home Design

  • Ranch Property
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,709 Sq Ft Home
  • Open Floorplan
  • Electric Fireplace
  • Storage Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Tandem Parking
  • Garage Door Opener

Accessible Home Design

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

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
  • End Unit
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5072-9

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 Co
  • Greenbelt

Amenities

  • Elevator

Security

  • Resident Manager or Management On Site
  • Building Security System

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, End Unit
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath
  • Homebuilder: Key Co
  • Items Included: All window coverings
  • 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: 2005
  • Above Grade Price Per Sq Ft: 292.51
  • Above Grade Sold Price Per Sq Ft: 280.28
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1709
  • Finished Above Grade Sq Ft: 1709
  • Bedrooms: 2
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x18, On Level: M
  • Bedroom 2: Dimensions: 13x13, On Level: M
  • Kitchen: Dimensions: 6x15, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x21, On Level: M
  • Dining Room: Dimensions: 12x9, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: closet
  • Basement: None
  • Fireplace: Electric
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Air exchanger, Water softener included, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 4
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Brick, Stone

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Elevator
  • Condo Fee Month: 382
  • 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
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 30200
  • Improvements: 461700
  • Total Assessment: 491900
  • Assessment year: 2013
  • Net Taxes: 12174
  • Tax Year: 2013
  • Assessor Parcel Number: 0709-231-5072-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Feb 25, 2014
Sold by
Carolyn D Martin Trust
Bought by
Andrea Adam and Andrea Ariel
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Tammy Krez
Stark Company, REALTORS
List Price
$529,900
Sold Price
$479,000
Premium/Discount to List
-$50,900
-9.61%
Total Days on Market
183
Current Estimated Value
$804,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,231
Avg. Annual Appreciation
4.71%
Original Mortgage
$383,200
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2008
Sold by
123 West Washington Llc
Bought by
Carolyn D Martin Trust
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
Andrea Adam $479,000 Wisconsin Title & Escrow Llc
Carolyn D Martin Trust $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrea Adam $342,650
Closed Andrea Adam $380,000
Closed Andrea Adam $383,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $479,000 -9.6% $280 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $529,900 -- $310 / 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 $24,164 $687,200 $72,600 $614,600
2023 $11,228 $619,100 $72,600 $546,500
2021 $12,231 $572,900 $72,600 $500,300
2020 $12,793 $572,900 $72,600 $500,300
2019 $12,844 $572,900 $72,600 $500,300
2018 $12,329 $550,900 $72,600 $478,300
2017 $11,096 $479,000 $63,100 $415,900
2016 $11,403 $479,000 $57,400 $421,600
2015 $11,520 $479,000 $30,200 $448,800
2014 $11,527 $479,000 $30,200 $448,800
2013 $11,852 $491,900 $30,200 $461,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1691165

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5072-9