Listed by COMPASS, Bought with COMPASS
NOT LISTED FOR SALE

1029 Belmont Ave E Unit 202 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $805,000 - $841,000

3 Beds
2 Baths
1,282 Sq Ft
$747/mo HOA Fee

Last Sold July 05, 2023

Last sale price $835,000 $651 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,747/month

56 Days on Market

Highlights

  • Bay View
  • Gated Community
  • Engineered Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • Modern Architecture

About This Home

As of July 2023

Spacious, thoughtfully designed three bedroom, two bath unit in The Palermo, offers sweeping Lake Union, city and mountain views. Open plan and windows throughout combine to create comfortable living spaces with natural light and flow. Large, upgraded kitchen includes high-end appliances (Bosch, Gaggenau, Fisher & Paykel), generous cupboard space and wine fridge. Primary suite includes large walk-in and bath w/ custom spa shower. Dark European oak hardwoods throughout and Lutron wireless electric blinds on all windows. HOA fees $747/mo. Two parking spaces + storage locker. Centrally located in N Capitol Hill - easy walk to shops & bars on Summit Ave E, Capitol Hill and South Lake Union. Entire home is freshly painted and move-in ready!

Last Agent to Sell the Property

Scott Lennard

COMPASS License #21019874 Listed on: 03/29/2023

COMPASS

Last Buyer's Agent

Teagen Densmore

COMPASS License #140838

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2049403

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $747 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Property Views

  • Bay
  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Bitumen Roof
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 1,282 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 6610900040

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer
  • 15 Units
  • Kara Degrazia Association
  • Secondary HOA Phone (206) 274-2610
  • The Palermo Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 274-2610 | Manager Kara Degrazia

Amenities

  • Elevator

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,748

Year Built

Built in 1999

Lot Details

0

HOA Fees

$747 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1999
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: The Palermo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1282
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Primary Bath,Sprinkler System,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl
  • Interior Amenities: Ceramic Tile, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: 15
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • StorageLocation: Secure Underground Garage
  • WindowCoverings: Electric Blinds Throughout
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Torch Down
  • View: Bay, City, Lake, Mountain(s), Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 70, 40, C

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 17, 18

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: In Unit
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Gated, High Speed Int Avail, Gated
  • Park Manager Name: Kara Degrazia
  • Park Manager Phone: 206-274-2610
  • Senior Community: No
  • Association Fee: 747
  • Association Fee Frequency: Monthly
  • Phone: 206-274-2610
  • Association: Yes
  • Pets Allowed: See Remarks
  • AssociationContactName: Kara Degrazia
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Gated Entry,High Speed Int Avail,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 6610900040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County Parcel Viewer

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6747.64

Multi Family

  • Number Of Units In Community: 15
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Dec 23, 2016
Sold by
Shen Albert K
Bought by
Anderson Alex
Seller's Agent
Marshall Longtin
Windermere Real Estate Co.
Buyer's Agent
Linda Wyman
COMPASS
List Price
$849,950
Sold Price
$740,000
Premium/Discount to List
-$109,950
-12.94%
Current Estimated Value
$823,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,500
Avg. Annual Appreciation
1.23%

Purchase Details

Closed on
May 20, 2004
Sold by
Chamberlin Robert W and Chamberlin Christie J
Bought by
Shen Albert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
The Palermo Jv
Bought by
Chamberlin Robert W and Chamberlin Christie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anderson Alex $740,000 Fidelity Natio
Shen Albert K $390,000 Chicago Title
Chamberlin Robert W $420,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shen Albert K $278,000
Previous Owner Chamberlin Robert W $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $835,000 -4.6% $651 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $875,000 0.0% $683 / Sq Ft
04/18/2023 04/18/23 For Sale $875,000 +5.4% $683 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $830,000 +12.2% $647 / Sq Ft
01/05/2017 01/05/17 Sold $740,000 -7.5% $577 / Sq Ft View Prior Sale
08/05/2016 08/05/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $799,950 -5.9% $624 / Sq Ft
05/19/2016 05/19/16 For Sale $849,950 -- $663 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,405 $781,000 $406,900 $374,100
2023 $6,748 $831,000 $406,900 $424,100
2022 $7,619 $807,000 $292,400 $514,600
2021 $6,458 $842,000 $292,400 $549,600
2020 $7,693 $675,000 $349,700 $325,300
2018 $6,641 $787,000 $247,900 $539,100
2017 $5,075 $680,000 $247,900 $432,100
2016 $5,306 $535,000 $139,800 $395,200
2015 $5,237 $547,000 $139,800 $407,200
2014 -- $553,000 $139,800 $413,200
2013 -- $491,000 $139,800 $351,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2049403

Northwest Multiple Listing Service (NWMLS)

APN: 661090-0040