$5,344 Closing Credit¹
#1995623, Julie Bernauer, Listing Office: Sprinkman Real Estate
$470,000 List price
123 W Washington Ave Unit 510 Madison, WI 53703
$5,581
Closing credit¹
1 bed
1 full, 1 partial
967 sqft
$486 / sqft
Condo
Property details
About 123 W Washington Ave Unit 510
Welcome to The Loraine Condominiums, where history meets modern elegance in the heart of downtown Madison! Built in 1924, The Loraine offers a unique blend of historical charm and contemporary functionality. From the moment you step into the stunning lobby, you'll be captivated by the echoes of its storied past as a grand hotel. Inside this award-winning condominium, renovated in 2017, you'll enjoy breathtaking views of the State Capitol. The interior boasts beautiful custom cabinetry and built-in features, creating a highly functional living space that seamlessly integrates with classic architectural details like tray ceilings and crown molding. Imagine stepping outside your door and being just moments away from the vibrant energy of downtown Madison. It's the place to be!
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size967 sqft
Year built2004
ParkingUnderground,Underground Garage,Underground Space,Heated, Underground,Heated,1-5 spaces,1 Space,Assigned
MLS #1995660
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Range, Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
- Basement: No
- Flooring Type: Wood
- Interior: Wood or Sim.Wood Floors, Cable/Satellite Available, Storage Locker Included
- Total Bedroom Count: 1
- Attached Garage: No
- Parking: Underground,Underground Garage,Underground Space,Heated, Underground,Heated,1-5 spaces,1 Space,Assigned
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $470,000
- Price/SqFt: $486
- Annual Tax Amount: $6,751
- Tax Year: 2023
- Directions: Downtown Madison, on W. Washington Ave. between the blocks of S. Fairchild St. & S. Carroll St.
- Year Built: 2004
- Living Area: 967 SqFt
- Municipality: Madison
- MLS Number: 1995660
- MLS Name: WIREX_SCW
- Office Name: EXP Realty, LLC
- Office Phone: (608) 212-2326
- Listing Agent: Susan Stoehr
© 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: 5/3/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$470,000
123 W Washington Ave Unit 510
$5,581
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 31, 2024 | Home Sold | $460,000 |
| Feb 13, 2017 | Home Sold | $287,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $362,300 | $6,751 |
| 2022 | $345,000 | $6,845 |
| 2021 | $322,400 | $7,164 |
| 2020 | $322,400 | $7,164 |
| 2019 | $322,400 | $7,193 |
| 2018 | $310,000 | $6,903 |
| 2017 | $275,600 | $6,350 |
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. Typical income of Madison, WI residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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 510
The listing price of 123 W Washington Ave Unit 510 property is $470,000.
The property 123 W Washington Ave Unit 510 is a condo located in Madison, Wisconsin, 53703.
Active Listing: 123 W Washington Ave Unit 510 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 W Washington Ave Unit 510 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 $6,751 (source: MLS/based on county public records data).
The last sale was on May 31, 2024 for $460,000 (source: MLS/tax record).
The property at 123 W Washington Ave Unit 510 has 1 bedroom and 1 full and 1 half bathrooms.
The property 123 W Washington Ave Unit 510 is 967 SqFt (source: MLS/tax record).
The year of construction for 123 W Washington Ave Unit 510 is 2004.
This home is located at 123 W Washington Ave Unit 510 in Madison, WI and zip code 53703 in the Capitol neighborhood. This 967 square foot home was built in 2004. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $470,000.
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 listings in Madison, WI increased by 32% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.