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Queen Anne High School Begins Selling

Bellora

Belltor_1 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?

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