Listed by Keller Williams Eastside, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

1029 Belmont Ave E Unit 203 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $644,503 - $722,000

2 Beds
2 Baths
1,114 Sq Ft
$740/mo HOA Fee

Last Sold July 21, 2023

Last sale price $665,000 $597 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,818/month

107 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • End Unit

About This Home

As of July 2023

Captivating 2 bdr/2 bath condo perched on the north end of Capitol Hill offers the best of both worlds: a laid back location and an easy access to all amenities. The unit boasts a great floor plan, spacious primary suite, wall A/C, gas fireplace, hardwood floors, and 2 parking spaces in a secured garage. Enjoy a partial lake view and July 4th fireworks from your own balcony. Palermo is a beautifully landscaped boutique condo with gated entry and elevator. You’ll appreciate living in one of Seattle’s most vibrant neighborhoods, with shops, restaurants, and public transportation nearby. A short walk or bike ride to Amazon and Google! No Rental Cap!

Last Agent to Sell the Property

Tammy Chen

Keller Williams Eastside License #26800 Listed on: 03/08/2023

Keller Williams Eastside

Last Buyer's Agent

Lisa Brand

Windermere Real Estate/East License #107865

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2042670

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,627

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $740 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Limited

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,114 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Oven or Range
  • Stove
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 6610900050

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service
  • 14 Units
  • Palermo Condos
  • Capitol Hill Subdivision
  • Park Phone (425) 562-1200 | Manager Shannin Spencer

Amenities

  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,627

Year Built

Built in 1999

Lot Details

0

HOA Fees

$740 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,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Palermo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1114
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Sprinkler System
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Fireplace
  • Main Level Bedrooms: 2
  • Stories: 4
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: In front of parking space
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • View: City, Lake, Partial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 23,24

Utilities

  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: Utility Room

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Gated, High Speed Int Avail, Gated, See Remarks
  • Park Manager Name: Shannin Spencer
  • Park Manager Phone: 425-562-1200
  • Senior Community: No
  • Association Fee: 740
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, See Remarks
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Gated Entry,High Speed Int Avail,Security Gate,See Remarks

Fee Information

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6610900050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: 1114

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5627

Multi Family

  • Number Of Units In Community: 14
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jul 14, 2023
Sold by
Su Adam Yu-Li
Bought by
Rogers Curtis
Seller's Agent
Tammy Chen
Keller Williams Eastside
Buyer's Agent
Lisa Brand
Windermere Real Estate/East
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Views
81
Current Estimated Value
$674,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,126
Avg. Annual Appreciation
0.62%
Original Mortgage
$555,000
Outstanding Balance
$541,563
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$132,563

Purchase Details

Listed on
May 4, 2012
Closed on
Dec 17, 2012
Sold by
Jrd Parking Llc
Bought by
Touchstone Stewart & Boren Llc
Seller's Agent
Jim Conlan
CENTURY 21 North Homes Realty
Buyer's Agent
Tammy Chen
Keller Williams Eastside
List Price
$358,000
Sold Price
$358,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$268,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2012
Closed on
Dec 12, 2012
Sold by
So Yvonne L and Chen Jay
Bought by
Su Adam Yu Li
Seller's Agent
Jim Conlan
CENTURY 21 North Homes Realty
Buyer's Agent
Tammy Chen
Keller Williams Eastside
List Price
$358,000
Sold Price
$358,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Sze Kea Carpenter and Shih David
Bought by
So Yvonne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2000
Sold by
The Palermo Jv
Bought by
Sze William C and Sze Kea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rogers Curtis $665,000 Chicago Title
Touchstone Stewart & Boren Llc $10,189,090 First American
Su Adam Yu Li $358,000 Fidelity Natio
So Yvonne L $387,500 Lawyers Title
Sze William C $360,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Curtis $555,000
Previous Owner Su Adam Yu Li $268,500
Previous Owner So Yvonne L $310,000
Previous Owner Sze William C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2023 07/21/23 Sold $665,000 0.0% $597 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $665,000 -1.5% $597 / Sq Ft
03/08/2023 03/08/23 For Sale $675,000 +88.5% $606 / Sq Ft
11/04/2012 11/04/12 Sold $358,000 0.0% $321 / Sq Ft View Prior Sale
11/04/2012 11/04/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $358,000 -- $321 / 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 $5,879 $615,000 $327,000 $288,000
2023 $5,627 $686,000 $327,000 $359,000
2022 $5,959 $669,000 $235,000 $434,000
2021 $5,434 $654,000 $235,000 $419,000
2020 $6,577 $565,000 $281,000 $284,000
2018 $5,551 $658,000 $199,300 $458,700
2017 $4,400 $566,000 $199,300 $366,700
2016 $4,481 $462,000 $112,400 $349,600
2015 $4,263 $460,000 $112,400 $347,600
2014 -- $448,000 $112,400 $335,600
2013 -- $394,000 $112,400 $281,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2042670

Northwest Multiple Listing Service (NWMLS)

APN: 661090-0050