Listed by Windermere West Metro, Bought with Best Choice Realty LLC
$797,000
SOLD NOV 28, 2023
2 Beds
2 Baths
1,074 Sq Ft
$986/mo HOA Fee

Recently Sold

$742 Per Sq Ft

7% Below List Price

52 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Property is near public transit
  • Clyde Hill Elementary School Rated A
  • City View
  • Modern Architecture

About This Home

As of November 2023

Motivated seller! Come enjoy the fine living, dining & convenience of life in Downtown Bellevue at the Palazzo. This wonderfully renovated, highly desired 2-bedroom corner unit, features floor to ceiling windows. Stunning views of the Seattle skyline & Olympic mountains can be enjoyed by the gas fireplace or from the balcony. It boosts an open concept floor plan to enjoy unobstructed entertaining, the spacious kitchen with breakfast bar provides luxurious finishes like granite countertops & stainless steal appliances. The exceptional finishes carry throughout, primary suite includes large walk-in closet & quartz bath. Includes concierge, fitness center & a rec. room. Ideally located near restaurants, parks & world class shopping.

Last Agent to Sell the Property

Kamila Kennedy

Windermere West Metro License #135664 Listed on: 09/15/2023

Windermere West Metro

Co-Listed By

Paige Baumann

Windermere West Metro License #21021600

Last Buyer's Agent

Ann Hong

Best Choice Realty LLC License #23000545

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2161847

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $986 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Mountain

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,074 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows
  • Blinds

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Location

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

Schools

  • Wilburton Elementary School
  • Chinook Mid Middle School
  • Bellevue High School

Utilities

  • Radiant Heating System
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage
  • 136 Units
  • Emerald Management Aimee Hilton Association
  • Secondary HOA Phone (206) 641-9631
  • Palazzo Condos
  • Downtown Subdivision
  • Park Phone (425) 455-3430 | Manager Angela Singh- Onsite Manager
  • 10-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,778

Year Built

Built in 2002

Lot Details

0

HOA Fees

$986 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2002
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Palazzo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1074
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2161847?w=Consumer&agent=120504
  • Special Features: None
  • Cumulative Days on Market: 701

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
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, See Remarks, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 10
  • 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: 8
  • StorageNo: SA36
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Level A
  • WindowCoverings: Blinds
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 249

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: B49C & B50C

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Tankless Water Heater
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Tankless -Gas

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Gated, See Remarks
  • Park Manager Name: Angela Singh- Onsite Manager
  • Park Manager Phone: 425-455-3430
  • Senior Community: No
  • Association Fee: 986
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Emerald Management- Aimee Hilton
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Lobby Entrance,Security Gate,See Remarks

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 6610400860
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

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

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6778

Multi Family

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

MLS Schools

  • Elementary School: Wilburton Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 27, 2023
Sold by
Paul S Bishop S and Paul Barbara A
Bought by
Park Joyce and Park Soo Hyun
Seller's Agent
Kamila Kennedy
Windermere West Metro
Buyer's Agent
Ann Hong
Best Choice Realty LLC
List Price
$860,000
Sold Price
$797,000
Premium/Discount to List
-$63,000
-7.33%
Views
86
Current Estimated Value
$831,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,242
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 23, 2021
Sold by
Mcivoryang Sean Kelly and Peng Han
Bought by
Bishop Paul S and Livi Barbara
Seller's Agent
Beth Billington
Coldwell Banker Bain
Buyer's Agent
Christi Clark
Coldwell Banker Bain
List Price
$785,000
Sold Price
$960,000
Premium/Discount to List
$175,000
22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.43%

Purchase Details

Listed on
Jan 28, 2015
Closed on
Jun 19, 2015
Sold by
Mckenna Michael T
Bought by
Mcivor Sean K and Yang Penghan
Seller's Agent
Anna Riley
Windermere Real Estate/East
Buyer's Agent
Judy Hopper
Windermere RE North, Inc.
List Price
$589,000
Sold Price
$550,500
Premium/Discount to List
-$38,500
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$412,875
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2009
Sold by
Pewe Jeffrey L and Pewe Pamela S
Bought by
Mckenna Michael T

Purchase Details

Closed on
Apr 1, 2004
Sold by
Hunter Frederick
Bought by
Pewe Jeffrey L and Pewe Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2001
Sold by
Hunter Nikki
Bought by
Hunter Frederick

Purchase Details

Closed on
Apr 24, 2001
Sold by
106Th Place Llc
Bought by
Hunter Frederick W and Hunter Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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 $797,000 First American Title
Warranty Deed $960,000 Rainier Title Company
Warranty Deed $550,500 First American
Warranty Deed $475,000 Chicago Title
Warranty Deed $328,000 Ticor Title
Interfamily Deed Transfer -- --
Warranty Deed $369,990 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $463,350 Commercial
Previous Owner $412,875 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $412,875 Commercial
Previous Owner $234,000 Credit Line Revolving
Previous Owner $262,400 Commercial
Previous Owner $100,000 Commercial
Closed $196,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $797,000 -3.4% $742 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $825,000 -2.4% $768 / Sq Ft
10/05/2023 10/05/23 Price Changed $845,000 -1.7% $787 / Sq Ft
09/15/2023 09/15/23 For Sale $860,000 -10.4% $801 / Sq Ft
07/01/2021 07/01/21 Sold $960,000 +22.3% $894 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $785,000 +42.6% $731 / Sq Ft
06/22/2015 06/22/15 Sold $550,500 -3.1% $513 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
03/19/2015 03/19/15 Price Changed $568,000 -3.6% $529 / Sq Ft
01/28/2015 01/28/15 For Sale $589,000 -- $548 / 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 $5,660 $770,000 $131,900 $638,100
2023 $6,778 $1,056,000 $131,900 $924,100
2022 $6,586 $956,000 $124,300 $831,700
2021 $6,926 $801,000 $109,300 $691,700
2020 $6,695 $781,000 $109,300 $671,700
2018 $5,879 $748,000 $86,600 $661,400
2017 $4,896 $638,000 $75,300 $562,700
2016 $4,264 $560,000 $60,300 $499,700
2015 $4,120 $484,000 $60,300 $423,700
2014 -- $463,000 $57,200 $405,800
2013 -- $348,000 $54,200 $293,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2161847

Northwest Multiple Listing Service (NWMLS)

APN: 661040-0860