Bellora

If you’re walking down Elliott Ave towards Myrtle Edwards Park, you will spot Bellora condo, a blue glassy building that sits on corner of Clay and Elliott. If you don’t live around Belltown, you might not have even seen it or thought it was an office building.

The condo was built in 2003 and comprises 89 units with studios, one bedrooms plus dens, and two bedrooms plus dens with floor plans ranging from 488 to 2,000 square feet. The one thing that is different about this condo as compared to others in Belltown is the interior décor. From the moment you step into the lobby, you will notice the sitting area, color scheme and decoration picked have a distinctly Pan Asian influence.

Interior of the residential units use natural building materials such as slate, bamboo, cork, granite and hardwood. One design element in some of the units uses sliding “shoji” room dividers instead of solid walls to separate the living room and bedroom of the unit. Even though Bellora is west facing, it’s otherwise million dollar view is partially blocked by another office building on its west side. Units facing north or northwest will get water views of Elliot Bay.

For those who like the numbers, how much has Bellora appreciated in price since construction?

Floor plan               Bought 2003    Resale 2006    Approx. annual
                                                                     appreciation

One bedroom              $247,000        $349,000         12%
                               $262,000        $378,000         13%

One bedroom + den     $383,000        $535,000         12%

Two bedroom + den     $761,000        $995,000          9%

                   Approx. average annual appreciation  11.5%

Pros

- Close to Mytle Edward Park/ Olympic Sculpture Park
- Quiet part of Belltown
- Solid construction

Cons

- Further away from Belltown core

Exterior:         Very good

Interior:         Very good

Location:          Good

Value:              Good

View:               Good

Amenities:        Good
   
Overall:        Very good

-Wendy

How does Bellora compares to Concord?

Technorati Tags: Bellora condo, Snell Partnership, Belltown Pan Asian design, belltown condos, Olympic Sculpture Park 

Comments

[Sea~Condos]

I have always liked that building too. I didn't like the South views into the office building though. I also didn't like the lack of closet space in the 1 bedrooms.

It would be interesting to see the numbers on my other Belltown favorite, the Concord. Could you run numbers on this one too?

[Wendy]

I will be doing a post on Concord soon. Stay tuned : )

[Sea~Condos]

Wendy, can I ask your opinion on Trio?

[tom]

she did a review here http://www.seattlecondoreview.com/2006/04/its_hard_not_to.html

you can also search for other reviews from the top right corner of each page.

[Sea~Condos]

Got it. Thx.

[thalia]

That south view into the office buildings is likely to turn into a view into another condo tower sooner than later. The land on the south half of the Bellora's block is occupied by an older low-rise building and a small parking lot. It's hard to imagine that not getting developed in the near future. I looked at an 8th floor studio listed at $297K there, but even though I really liked the unit, there's no way I wanted to own it when that view disappeared.

[Renee Pace]

Or call me at 206-501-8302

[Lance]

Renee, why do you want ppl to call you? Seems random.