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340 Forest St

Bellingham, WA 98225

2 bd 3 ba 2,904 sqft Built 1916 Lot 5,227 sqft single_family
Most recent sale
$900,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $900,000 MLS #1834817
Oct 28, 2021 Listed $929,000 MLS #1834817

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $419,421 $604,500 $1,023,921 $8,501
2025 $419,421 $604,500 $1,023,921 $8,797
2024 $413,558 $699,920 $1,113,478 $8,662
2023 $351,966 $595,680 $947,646 $8,012
2022 $283,852 $480,400 $764,252 $7,098
2021 $248,991 $421,400 $670,391 $6,597
2020 $236,346 $400,000 $636,346 $6,479
2019 $207,794 $296,205 $503,999 $5,118
2018 $184,448 $262,920 $447,368 $5,313
2017 $169,947 $241,920 $411,867 $4,680
2016 $161,247 $229,320 $390,567 $4,263
2015 $153,561 $218,400 $371,961 $4,196
2014 $145,006 $210,000 $355,006 $4,072
2013 $149,346 $184,800 $334,146 $3,644
2012 $150,035 $184,800 $334,835 $3,369
2011 $151,566 $191,100 $342,666 $3,343
2010 $153,095 $210,000 $363,095 $3,244
2009 $153,095 $210,000 $363,095 $3,273
2008 $129,090 $190,000 $319,090 $3,140

Property facts

Year built
1916
Property type
single_family
Stories
Beds
2
Baths
3
Living area
2,904 sqft
Lot size
5,227 sqft
ZIP code
98225
City
Bellingham
Street
Forest St
Coordinates
48.73275, -122.49790

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
$6,679
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 340 Forest St last sell?
340 Forest St most recently sold on May 10, 2022 for $900,000.
What is the current tax assessment for 340 Forest St?
The most recent total assessment for 340 Forest St (year 2026) is $1,023,921 with $8,501 in property tax.
How does 340 Forest St's assessment compare to its last sale price?
The current assessment is 13.8% above the last sale price of $900,000.
When was 340 Forest St built?
340 Forest St was built in 1916.
How does 340 Forest St compare to others on Forest St?
We track 8 other properties on Forest St. Browse the list under "Other properties on Forest St" to compare beds, baths, and sale history.
What are the property facts for 340 Forest St?
340 Forest St is a 2 bed, 3 bath, 2,904 sqft, 5,227 sqft lot single_family.
Is 340 Forest St a flip candidate?
No — 340 Forest St does not appear in our flips dataset.
Is 340 Forest St a tax-appeal candidate?
No — 340 Forest St 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
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$1.11M
2026 Q4
$1.14M
ZIP 98225 — Median Price History + Forecast

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