Listed by Skyline Properties, Inc., Bought with Best Choice Network LLC
$420,000
SOLD JAN 6, 2025
1 Bed
1 Bath
745 Sq Ft
$793/mo HOA Fee

Recently Sold

$564 Per Sq Ft

9% Below List Price

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Clyde Hill Elementary School Rated A
  • City View
  • Modern Architecture

About This Home

As of January 2025

Nestled among Bellevue's most iconic addresses, this Palazzo residence boasts an unparalleled living opportunity. Steps away from Bellevue Kidsquest Museum, 4 blocks away from Bellevue Square, walking distance from the Bellevue Light rail station, Amazon, Meta and Microsoft Bellevue offices and numerous dining and entertainment locations, this home allows you to enjoy the best of Bellevue. Floor-to-ceiling windows invite ample sunshine into your living space, creating a serene ambiance you'll be sure to savor. Concierge & state of the art amenities provide a seamless quality of life. The Palazzo is your key to a truly opulent lifestyle. No Rental Cap!

Last Agent to Sell the Property

Sheryl Yang

Skyline Properties, Inc. License #136898 Listed on: 10/30/2024

Skyline Properties, Inc.

Last Buyer's Agent

David Wang

Best Choice Network LLC License #129397

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2306651

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,423

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $793 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 745 Sq Ft Home
  • Insulated Windows
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Clyde Hill Elementary School
  • Chinook Mid Middle School
  • Bellevue High School

Utilities

  • Hot Water Circulator

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, concierge, garbage, security
  • 136 Units
  • Aimee Hilton Association
  • Secondary HOA Phone (206) 641-9631
  • Palazzo Condos
  • Downtown Subdivision
  • Park Phone (206) 641-9631 | Manager Aimee Hilton
  • 10-Story Property

Amenities

  • Community Garden
  • Elevator
  • Lobby

Recreation

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,423

Year Built

Built in 2002

Lot Details

0

HOA Fees

$793 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2002
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Palazzo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 745
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 10
  • RemodeledUpdated: false
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,Insulated Windows,Sprinkler System
  • SOCComments: Thank you! You deserve it!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2306651?w=Consumer&agent=121811
  • Special Features: None

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Wall to Wall Carpet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 10
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Flat
  • View: City
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Brick, Cement/Concrete
  • Structure Type: Multi Family
  • ConstructionMethods: Steel & Concrete
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 304

Utilities

  • Security: AlarmSystem, SecurityGate, SecurityServices
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water Recirc Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: Club House, Elevator, Exercise Room, Garden Space, Gated, Lobby Entrance
  • Park Manager Name: Aimee Hilton
  • Park Manager Phone: 206-641-9631
  • Senior Community: No
  • Association Fee: 793
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: Aimee Hilton
  • CoOp: false
  • CommonPropertyFeatures: Clubhouse,Elevator,Exercise Room,Garden Space,Gated Entry,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Concierge, Garbage, Security, See Remarks
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Bellevue
  • High School: Bellevue High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 6610400210
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County record
  • MLSSquareFootageSource: Condo Declaration

Green Features

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

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5423

Multi Family

  • Number Of Units In Community: 136
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 136

MLS Schools

  • Elementary School: Clyde Hill Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 3, 2025
Sold by
Xu Siming
Bought by
Wang Rui A
Seller's Agent
Sheryl Yang
Skyline Properties, Inc.
Buyer's Agent
David Wang
Best Choice Network LLC
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%
Views
19
Current Estimated Value
$460,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,893
Avg. Annual Appreciation
14.64%

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 12, 2016
Sold by
Bi Shifang
Bought by
Xu Siming
Seller's Agent
Helen Tian
First Home Realty LLC
Buyer's Agent
Radhika Espinoza
Redfin Corp.
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Original Mortgage
$344,000
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 29, 2014
Sold by
Chan Anthony K B and Gorospe Girly G
Bought by
Bi Shifang
Seller's Agent
Wai Wong
Western Homes Realty
Buyer's Agent
Shiquan Liao
WeLakeside
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$227,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Chan Anthony K B
Bought by
Chan Anthony K B and Gorospe Girly G

Purchase Details

Closed on
Jun 25, 2001
Sold by
106Th Place Llc
Bought by
Chan Anthony K B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,490
Interest Rate
7.15%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $420,000 First American Title
Warranty Deed $430,000 Chicago Title
Warranty Deed $325,000 Ticor National
Interfamily Deed Transfer -- --
Warranty Deed $209,990 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,000 Commercial
Previous Owner $227,500 Commercial
Previous Owner $175,500 Commercial
Previous Owner $199,490 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $420,000 -8.7% $564 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/14/2024 12/14/24 For Sale $460,000 0.0% $617 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $460,000 +7.0% $617 / Sq Ft
07/15/2016 07/15/16 Sold $430,000 0.0% $577 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $430,000 +32.3% $577 / Sq Ft
04/30/2014 04/30/14 Sold $325,000 -3.0% $436 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $335,000 -- $450 / 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 $3,777 $513,000 $90,400 $422,600
2023 $5,423 $692,000 $90,400 $601,600
2022 $3,946 $624,000 $85,200 $538,800
2021 $4,431 $479,000 $74,900 $404,100
2020 $4,510 $499,000 $74,900 $424,100
2018 $3,782 $499,000 $59,400 $439,600
2017 $3,152 $410,000 $51,600 $358,400
2016 $2,806 $360,000 $41,300 $318,700
2015 $2,754 $318,000 $41,300 $276,700
2014 -- $309,000 $39,200 $269,800
2013 -- $219,000 $37,200 $181,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2306651

Northwest Multiple Listing Service (NWMLS)

APN: 661040-0210