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$417,000
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Property Description
Formerly one of Madison's classiest hotels, The Loraine Condominiums, are filled with history & modern elegance in the heart of downtown Madison! From the moment you step into the stunning Art Deco lobby, you'll be captivated by the echoes of its storied past as a grand hotel. Renovated in 2017, you'll enjoy breathtaking views of the State Capitol. The interior has beautiful custom cabinetry & built-in features, creating a highly functional living space that seamlessly integrates with classic architectural details like tray ceilings & crown molding. Imagine stepping outside your door & being just moments away from the vibrant energy of downtown Madison. Drop your bags & enjoy concerts, farmer's markets, art galleries, shops, cafes & restaurants. A perfect pied--terre to experience!
Full Property Details
Full Property Details for 123 W Washington Ave #510
General
- Sold For: $417,000
- HOA FEE: $565
- Taxes: $7,036 (2024)
- Status: Closed
- Type: Condo
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 1995660
- Added to Site: 283 day(s) ago
Interior
- Interior Features: Wood or Simulated Wood Floors, Cable/Satellite Available, Storage Locker Included
- Appliances: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom: Master Bedroom Bath: Full, Master Bedroom Bath, Master Bedroom Bath: Walk-In Shower
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: 13 x 12, Main
Other Rooms
- Living Room: 17 x 13, Main
- Kitchen: 13 x 10, Main
- Office/Den/Study: 9 x 7, Main
Additional Information
- Shared Amenities: Cats Allowed, Dogs Allowed, Common Green Space, Security, Elevator, Rooftop Common Area
Parking
- Parking Features: Underground, Heated, 1 to 5 Spaces, 1 Space, Assigned
- Garage Description: Underground, Underground Garage, Underground Space, Heated
Location
- Municipality: Madison
- County: Dane
- Condo Project Name: The Loraine
- Driving Directions: Downtown Madison, on W. Washington Ave. between the blocks of S. Fairchild St. & S. Carroll St.
School Information
- School District: Madison
- Middle School: Hamilton
- High School: West
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air Conditioning
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Garden
- Exterior Const.: Brick
- Basement Desc.: None/Slab
- Square Feet: 967
- Square Feet Range: 751 to 1000
- Sq. Ft. Source: Assessor/Public Record
- Year Built: 2004
Unit Information
- Units in Building: 87
- Units in Complex: 87
Lot Features
- Zoning: DC
Financial Considerations
- Association Fee: $565
- Tax Amount: $7,036
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller's personal property.
- Inclusions: Range/oven, refrigerator, dishwasher, microwave, disposal, washer, dryer, all window coverings.
Listed by EXP Realty, LLC
Sold by EXP Realty, LLC
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Schools
Schools serving 123 W Washington Ave #510
School District:Madison Metropolitan School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Madison, WI 305 West Lakeside Street, Madison, WI 53715 | PK-2 | 1.2 mi |
Hamilton Middle School, Madison, WI 4801 Waukesha Street, Madison, WI 53705 | 6-8 | 3.7 mi |
West High School, Madison, WI 30 Ash Street, Madison, WI 53726 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 W Washington Ave #510
Date
Details
Price
Change
Source
8/12/2025
Sold
$417,000
-7.33%
MLS
6/29/2025
Price Reduced
$450,000
-4.26%
MLS
4/23/2025
Price Reduced
$470,000
-6%
MLS
4/09/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 W Washington Avenue #510, Madison, WI 53703 (MLS# 1995660) is a Condo property that was sold at $417,000 on August 12, 2025. Want to learn more about 123 W Washington Avenue #510? Do you have questions about finding other Condo real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

