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12221 Bel Red Rd

Bellevue, WA 98005

1 bd 1 ba 662 sqft Built 1978 condos
Most recent sale
$428,000
Apr 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2024 Sold $428,000 NWMLS
Feb 14, 2024 Listed $428,000 NWMLS
Dec 5, 2014 Sold $164,550 NWMLS
Sep 18, 2014 Listed $175,000 NWMLS
Jun 29, 2007 Sold $205,000 Public Record
Oct 15, 1999 Sold $48,500 Public Record
Sep 11, 1998 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,900 $74,100 $384,000 $2,898
2024 $318,900 $74,100 $393,000 $2,385
2023 $222,900 $74,100 $297,000 $2,118
2022 $197,300 $66,700 $264,000 $2,182
2021 $204,300 $66,700 $271,000 $2,414
2020 $245,800 $59,200 $305,000 $2,672
2019 $196,200 $51,800 $248,000 $2,051
2018 $165,600 $44,400 $210,000 $1,943
2017 $132,000 $37,000 $169,000 $1,486
2016 $115,400 $29,600 $145,000 $1,286
2015 $101,400 $29,600 $131,000 $1,174
2014 $65,400 $29,600 $95,000 $912
2013 $65,400 $29,600 $95,000 $935
2012 $116,400 $29,600 $146,000 $1,066
2011 $122,400 $29,600 $152,000 $1,281
2009 $115,400 $29,600 $145,000 $1,012
2007 $105,800 $22,200 $128,000 $816

Property facts

Year built
1978
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
662 sqft
Lot size
ZIP code
98005
City
Bellevue
Street
Bel Red Rd
Coordinates
47.61855, -122.17777

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,523
Gross rental yield
4.27%
Implied cap rate
2.78%
Trend-extrapolated value

Frequently asked questions

When did 12221 Bel Red Rd last sell?
12221 Bel Red Rd most recently sold on Apr 1, 2024 for $428,000.
What is the current tax assessment for 12221 Bel Red Rd?
The most recent total assessment for 12221 Bel Red Rd (year 2025) is $384,000 with $2,898 in property tax.
How does 12221 Bel Red Rd's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $428,000.
When was 12221 Bel Red Rd built?
12221 Bel Red Rd was built in 1978.
How does 12221 Bel Red Rd compare to others on Bel Red Rd?
We track 8 other properties on Bel Red Rd. Browse the list under "Other properties on Bel Red Rd" to compare beds, baths, and sale history.
What are the property facts for 12221 Bel Red Rd?
12221 Bel Red Rd is a 1 bed, 1 bath, 662 sqft condos.
Is 12221 Bel Red Rd a flip candidate?
No — 12221 Bel Red Rd does not appear in our flips dataset.
Is 12221 Bel Red Rd a tax-appeal candidate?
No — 12221 Bel Red Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+11.0%
2026 Q3
$1.81M
2026 Q4
$1.85M
ZIP 98005 — Median Price History + Forecast

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