Jeff Bezos reportedly paid $890 a month to rent the Bellevue, Washington home where he started Amazon in 1994.
Mai Huang
Jeff Bezos owns property worth hundreds of millions of dollars, but one home associated with the Amazon founder recently hit the market for a comparatively cool $2.3 million.
After a little over a month, it has found a buyer. Listing agent Lin Shen of Sea to Sky Realty confirmed to Business Insider that the property is now in contract.
The house, in Bellevue, Washington is an instrumental piece of Amazon's history. It was in the garage of that home he was renting at the time that Bezos started Amazon, then an online bookseller, in 1994.
Take a look inside the home where it all began:
Mai Huang
It's 10704 NE 28th Street in Bellevue, Washington. Bezos founded Amazon in 1994, at age 30, in the garage of this home.
Greg Doherty/Patrick McMullan via Getty Images
They reportedly paid $890 a month in rent, The Wall Street Journal reported in 2011.
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In fact, the home appealed to Bezos partly because he wanted to be able to brag about building a startup out of a garage, in the Silicon Valley tradition, according to the Journal.
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It's unclear if the garage was significantly changed in the renovation, says listing agent Lin Shen of Sea to Sky Realty.
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It was built in 1954 but renovated in 2001, according to its Zillow listing. It's unclear if the garage was significantly changed in the renovation, says listing agent Shen.
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The home also has a hot tub, according to Zillow.
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It was sold for $182,000 in 1998; $375,000 in 2005; $620,000 in 2009; and most recently $1.53 million in 2019, according to Zillow. It hit the market with an asking price of about $2.3 million on January 18.
Though it's a far more modest home than any of Bezos' more recent residences, it's probably safe to say this house was key to building Bezos' billions — $197 billion to be precise.
