#510 - 123 W Washington Avenue, Madison

$470,000

1 Beds
1½ Baths
967 Sqft
0 Acres
0 Garages

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. 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!

EXP Realty, LLC, Pref: 608-212-2326.

Essential Information
Status Active
Detailed Status Active
Days on Market 66
MLS® # 1995660
Price $470,000
Bedrooms 1
Bathrooms 1.50
Full Baths 1
Half Baths 1
Square Footage 967
Year Built 2004
Type Condo
Style Garden
Assessed Value $460,000
Year Assesed 2025
Net Taxes $7,036
Tax Year 2024
Exterior Brick/Stone
Community Information
Address #510 - 123 W Washington Avenue
Unit: 510
MLS® Area MADISON - C W01
Project Name The Loraine
City Madison
County Dane
State WI
Zip Code 53703
Condo Fee $565
Condo Fees Include Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
Pet Policy Cats OK, Dogs OK
Condo Rental Allowed N
Interior
Interior Features Storage Locker Inc, Wood or sim. wood floors, Washer, Dryer, Cable/Satellite Available
Cooling Forced air, Central air
Fireplace Yes
Fireplaces Electric
Amenities
Amenities Rooftop common area, Common Green Space, Security system, Close to busline, Elevator
Parking Underground, Heated, 1 space
Is Waterfront No
Has Pool No
Golf Course No
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Room Dimensions
Room      Size        Floor
Living Room      17x13        Main
Kitchen      13x10        Main
Master Bedroom      13x12        Main
Property Overview
Total Units 87
Additional Information
Zoning DC
Estimated Finished Above Grade Sqft 967
Total Finished SqFt 967
Units in Association 87
Terms Cats OK, Dogs OK
Terms (Misc.) Cats OK, Dogs OK
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $500,000 to $470,000
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 06/14/2025.

Copyright 2025 – (South Central Wisconsin MLS) – All Rights Reserved

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