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Sold Closed June 12, 2024
$525,000
Originally $559,950
1 Bedroom
1 Bathroom
847 Sqft Condo
Unit 506
Floor 5
Built 2002
1 Parking Space
HOA Dues $904 / month
SALE HISTORY
List price was $559,950
The price was later changed to $554,950.
It took 38 days to go pending.
Then 24 days to close at $525,000
Closed at $620/SQFT.
Live in the heart of Downtown Bellevue & experience the excitement of all it has to offer! The Palazzo features a staffed concierge, secure parking, business center, fitness room, guest suite and more. Light and open floorplan, spacious living room with slider door to expansive covered deck and territorial views. Gourmet kitchen w/ SS appliances and granite countertops. Located close to parks, library, premier shopping, restaurants, entertainment and more. New gas water heater & refrigerator. Pet friendly and no rental cap!
Offer Review
No offer review date was specified
Project
Palazzo
Listing source NWMLS MLS #
2217156
Listed by
Julie Yang, Kelly Right RE of Seattle LLC
Buyer's broker
Michael Orbino, COMPASS
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
    -5%
  • since
    Jun 12, 2024
  • so a sale price of
    $525,000
  • would be approximately this amount today
    $498,750
City Wide
  • In
    Bellevue WA
  • prices for
    Condos
  • have changed
    7%
  • since
    Jun 12, 2024
  • so a sale price of
    $525,000
  • would be approximately this amount today
    $561,750
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
MAIN
BDRM
FULL
BTH
Property History
Jun 14, 2024
Sold
$525,000
NWMLS #2217156 Annualized 3.6% / yr
May 20, 2024
Went Pending
$554,950
NWMLS #2217156
May 07, 2024
Price Reduction arrow_downward
$554,950
NWMLS #2217156
Apr 11, 2024
Listed
$559,950
NWMLS #2217156
Oct 23, 2014
Sold
$374,950
NWMLS #694289 Annualized 7.9% / yr
Dec 08, 2010
Sold
$279,000
NWMLS #150855 Annualized -1.4% / yr
Sep 21, 2005
Sold
$300,000
NWMLS #25129022 Annualized 5% / yr
Mar 20, 2001
Sold
$240,490
NWMLS #20118376
More
Listing Details
  • Sale Price
    $525,000
  • Closing Date
    June 12, 2024
  • Last List Price
    $554,950
  • Original Price
    $559,950
  • List Date
    April 11, 2024
  • Pending Date
    May 19, 2024
  • Days to go Pending
    38 days
  • $/sqft (Total)
    $620/sqft
  • $/sqft (Finished)
    $620/sqft
  • Listing Source
  • MLS Number
    2217156
  • Listing Broker
    Julie Yang
  • Listing Office
    Kelly Right RE of Seattle LLC
  • Buyer's Broker
    Michael Orbino
  • Buyer Broker's Firm
    COMPASS
Monthly Payment Estimate
  • Principal and Interest
    $2,752 / month
  • HOA
    $904 / month
  • Property Taxes
    $518 / month
  • Homeowners Insurance
    $79 / month
  • TOTAL
    $4,253 / month

  • based on 20% down
    ($105,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    506
  • Unit Floor
    5
  • Sqft (Total)
    847 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (1 Level)
  • Bedrooms
    1 Bedroom
  • Bathrooms
    1 Bathroom
  • Lot Size
    Unspecified
  • Lot Size Source
    Unspecified
  • Project
    Palazzo
  • Total Stories
    1 story
  • Sqft Source
    king county
Property Tax Info
  • 2024 Property Taxes
    $6,220 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Bellevue
  • Elementary
    Clyde Hill Elem
  • Middle
    Chinook Mid
  • High School
    Bellevue High
HOA
  • HOA Dues
    $904 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    Concierge
    Earthquake Insurance
    Garbage
  • Pets Allowed
    Cats OK
    Dogs OK
    See Remarks
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Elevator
    Exercise Room
    Game/Rec Rm
    Gated
    High Speed Int Avail
    Lobby Entrance
Building
  • Name
    Palazzo
  • Units in Complex
    103
  • Units in Building
    94
  • Stories in Building
    10
Parking
  • Covered
    1-Car
  • Types
    Common Garage
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    C80
Views
  • Territorial
Construction
  • Year Built
    2002
  • Home Builder
    Unspecified
Cooling
  • Includes
    None
Heating
  • Includes
    Forced Air
Interior
  • Flooring
    Ceramic Tile
    Carpet
  • Features
    Ceramic Tile
    Wall to Wall Carpet
    Balcony/Deck/Patio
    Cooking-Electric
    Dryer-Gas
    Water Heater
Property
  • Lot Features
    Alley
    Curbs
    Open Space
    Paved
    Sidewalk
Appliances
  • Included
    Dishwasher(s)
    Dryer(s)
    Disposal
    Microwave(s)
    Refrigerator(s)
    Stove(s)/Range(s)
    Washer(s)
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
    Natural Gas
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 520
  • Number of Photos
    25
  • Last Modification Time
    Friday, June 14, 2024 11:26 AM
  • System Listing ID
    5308274
Update Info
  • Closed
    2024-06-14 11:33:13
  • Pending Or Ctg
    2024-05-20 06:54:37
  • Price Reduction
    2024-05-07 12:10:20
  • First For Sale
    2024-04-11 19:13:33
Listing details based on information submitted to the MLS GRID as of Friday, June 14, 2024 11:26 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Sold June 12, 2024
$525,000   $554,950
1 BR    1 BA    847 SQFT  
NWMLS #2217156. Julie Yang, Kelly Right RE of Seattle LLC
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.