$6,056 Closing Credit¹
#1999800, Paul Haviland, Listing Office: Stark Company, REALTORS
$525,000 List price
123 W Washington Ave Unit 306 Madison, WI 53703
$6,234
Closing credit¹
1 bed
2 full
1,293 sqft
$406 / sqft
Condo
Property details
About 123 W Washington Ave Unit 306
Discover The Loraine Condominiums, a 1924 landmark blending history with modern living in downtown Madison. This elegant 3rd-floor unit features Downtown views, 1 bed/2 baths, and a versatile bonus room perfect as a home office or second bedroom. A second full bathroom has been beautifully updated, adding both style and convenience to your -or guests- daily routine. Enjoy rich maple cabinetry, solid surface counters, and stainless appliances in the kitchen. The primary suite offers ample closet space with an en-suite bath. Amenities include heated underground parking, additional storage, direct courtyard access, and a nearby community room. Located moments from downtown Madison's finest dining, shopping, and entertainment.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,293 sqft
Year built2004
ParkingAttached,Underground,Underground Garage,Underground Space,Heated,Opener Included, Underground,Heated,1-5 spaces,1 Space,Assigned
MLS #1997521
Attached garageYes
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
- Basement: No
- Flooring Type: Wood
- Interior: Wood or Sim.Wood Floors, Walk-in closet(s)
- Total Bedroom Count: 1
- Attached Garage: Yes
- Parking: Attached,Underground,Underground Garage,Underground Space,Heated,Opener Included, Underground,Heated,1-5 spaces,1 Space,Assigned
- Exterior: Deck, Patio
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $525,000
- Price/SqFt: $406
- Annual Tax Amount: $7,495
- Tax Year: 2023
- Directions: West off Capitol Square between W Fairchild Street and W Carroll Street
- Year Built: 2004
- Living Area: 1,293 SqFt
- Municipality: Madison
- MLS Number: 1997521
- MLS Name: WIREX_SCW
- Office Name: Realty Executives Cooper Spransy
- Office Email: lane@madcitydreamhomes.com
- Listing Agent: Lane Manning
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 5:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
123 W Washington Ave Unit 306
$6,234
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 05, 2007 | Home Sold | $330,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $452,100 | $7,495 |
| 2022 | $396,600 | $7,969 |
| 2021 | $388,800 | $8,462 |
| 2020 | $388,800 | $8,462 |
| 2019 | $388,800 | $8,472 |
| 2018 | $373,800 | $8,152 |
| 2017 | $325,000 | $7,364 |
History based on county public records data.
Nearby schools
8
Randall Elementary School
Public District 3-5
1.6 mi
•1802 Regent St
7
Marquette Elementary School
Public District 3-5
1.7 mi
•1501 Jenifer St
5
Lincoln Elementary School
Public District 3-5
2.3 mi
•909 Sequoia Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,690. Residents of Madison, WI typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
46%
<35k
23%
35k-100k
20%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
83%
Single, No Kids
1%
Single, with Kids
15%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
1%
12-17 yrs old
53%
18-34 yrs old
28%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
NBA/WNBA
Figure Skating
Where do the neighbors shop?
H&M
Express/Express For Men
Chico's
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Bob Evans
What do the neighbors drive?
Audi
Pontiac
Oldsmobile
What do the neighbors listen to?
Alternative
Urban Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 123 W Washington Ave Unit 306
The listing price of 123 W Washington Ave Unit 306 property is $525,000.
The property 123 W Washington Ave Unit 306 is a condo located in Madison, Wisconsin, 53703.
Active Listing: 123 W Washington Ave Unit 306 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 W Washington Ave Unit 306 are: Randall Elementary School (GreatSchools Rating 8/10), Marquette Elementary School (GreatSchools Rating 7/10), Lincoln Elementary School (GreatSchools Rating 5/10), O'Keeffe Middle School (GreatSchools Rating 4/10), James Wright Middle School (GreatSchools Rating 5/10), Badger Rock Middle School (GreatSchools Rating 4/10), Innovative & Alternative High School (GreatSchools Rating 2/10), Capital High School (GreatSchools Rating 1/10), West High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $7,495 (source: MLS/based on county public records data).
The last sale was on November 5, 2007 for $330,000 (source: MLS/tax record).
The property at 123 W Washington Ave Unit 306 has 1 bedroom and 2 bathrooms.
The property 123 W Washington Ave Unit 306 is 1,293 SqFt (source: MLS/tax record).
The year of construction for 123 W Washington Ave Unit 306 is 2004.
This home is located at 123 W Washington Ave Unit 306 in Madison, WI and zip code 53703 in the Capitol neighborhood. This 1,293 square foot home was built in 2004. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $525,000.
In April 2025, from all listings sold in Madison, WI there were more than 35 sold above asking price, over 21 sold below and more than 16 were sold right at the asked price. The number of homes for sale in Madison, WI increased by 32% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.