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Sold Closed June 3, 2021
$423,000
Studio
1 Bathroom
507 Sqft Condo
Unit 409
Floor 4
Built 2000
1 Parking Space
HOA Dues $323 / month
SALE HISTORY
List price was $399,000
It took 8 days to go pending.
Then 38 days to close at $423,000
Closed at $834/SQFT.
Situated on the north side of downtown Bellevue and across from newly constructed Binary Towers - The Palazzo condominium boasts modern amenities that are close to all the conveniences of the commercial district while being close to the residential area and library. Unit 409 is a West facing studio home that is bright and spacious. Open floor plan enables the residents to custom design the layout of their home. The concierge desk is open 7 days a week. Large lounge with TV and full kitchen, fitness and conference room are reservable by residents. Assigned parking spot and big storage locker are located on parking garage level A for easy access. No rental cap.
Offer Review Date
This listing's offer review date was Monday, April 26, 2021.
Project
Palazo
NWMLS Listing #
1760160
Listed by
Scott R. Hotes, Skyline Properties, Inc.
Buyer's broker
Chensi Zhang, The Agency Northwest
Contact our
Bellevue
Real Estate Lead
John L. Scott
Phone...
Time Adjusted Estimated Value
County Wide
  • In
    King County WA
  • prices for
    Condos
  • have changed
    13%
  • since
    Jun 3, 2021
  • so a sale price of
    $423,000
  • would be approximately this amount today
    $477,990
City Wide
  • In
    Bellevue WA
  • prices for
    Condos
  • have changed
    27%
  • since
    Jun 3, 2021
  • so a sale price of
    $423,000
  • would be approximately this amount today
    $537,210
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value. Any damage or deferred maintenance would subtract from the value.
Bedroom & Bathroom Layout
Property History
Jun 02, 2021
Sold
$423,000
NWMLS #1760160 Annualized 6.2% / yr
Oct 11, 2016
Sold
$320,000
NWMLS #1035173 Annualized 2.6% / yr
Oct 14, 2008
Sold
$260,000
NWMLS #28118896 Annualized 14.8% / yr
Dec 29, 2004
Sold
$154,000
NWMLS #24099739 Annualized -0.9% / yr
Apr 25, 2001
Sold
$158,990
NWMLS #21040935
More
Listing Details
  • Sale Price
    $423,000
  • Closing Date
    June 3, 2021
  • Last List Price
    $399,000
  • Original Price
    Same
  • List Date
    April 20, 2021
  • Pending Date
    April 27, 2021
  • Days to go Pending
    8 days
  • $/sqft (Total)
    $834/sqft
  • $/sqft (Finished)
    $834/sqft
  • Listing Source
  • MLS Number
    1760160
  • Listing Broker
    Scott R. Hotes
  • Listing Office
    Skyline Properties, Inc.
  • Buyer's Broker
    Chensi Zhang
  • Buyer Broker's Firm
    The Agency Northwest
Monthly Payment Estimate
  • Principal and Interest
    $2,139 / month
  • HOA
    $323 / month
  • Property Taxes
    $274 / month
  • Homeowners Insurance
    $74 / month
  • TOTAL
    $2,810 / month

  • based on 20% down
    ($84,600)
  • and a
    6.5% Interest Rate
Condo Details
  • Unit #
    409
  • Unit Floor
    4
  • Sqft (Total)
    507 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (1 Level)
  • Bedrooms
    0 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot
    43,078 sqft Lot
  • Lot Size Source
    Unspecified
  • Project
    Palazo
  • Total Stories
    1 story
  • Sqft Source
    Realist
Property Tax Info
  • 2021 Property Taxes
    $3,290 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bellevue
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    $323 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    Concierge
    Earthquake Ins.
    Garbage
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Elevator
    Exercise Room
    Fire Sprinklers
    Game/Rec Rm
    High Speed Int Avail
    Lobby Entrance
    Common Garage
Building
  • Name
    Palazo
  • Units in Complex
    Unspecified
  • Units in Building
    136
  • Stories in Building
    10
Parking
  • Covered
    1-Car
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    A15
Views
  • City
    Territorial
Construction
  • Year Built
    2000
  • Home Builder
    Unspecified
HVAC
  • Includes
    Baseboard
Cooling
Heating
Interior
  • Flooring
    Ceramic Tile
    Engineered Hardwood
Property
  • Lot Features
    Paved
    Sidewalk
Appliances
  • Included
    Dishwasher
    Dryer
    Disposal
    Microwave
    Range/Oven
    Refrigerator
    Washer
Terms
  • Bank Owned (REO)
    No
Utilities
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 520
  • Number of Photos
    14
  • Last Modification Time
    Monday, June 7, 2021 6:51 PM
  • System Listing ID
    2155710
Update Info
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Sold June 3, 2021
$423,000   $399,000
1 Bath   507 SQFT  
Map 
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.