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500 Illinois St

Bellingham, WA 98225

4 bd 2 ba 1,848 sqft Built 1924 Lot 6,098 sqft single_family
Most recent sale
$815,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $815,000 MLS #1902840
Mar 24, 2022 Listed $720,000 MLS #1902840
Apr 28, 2016 Sold $303,272 Public Record
Mar 27, 2016 Listing removed $319,000 NWMLS
Mar 26, 2016 Relisted $319,000 MLS #898130
Mar 18, 2016 Listing removed $319,000 NWMLS
Mar 14, 2016 Price changed $319,000 MLS #898130
Mar 4, 2016 Listed $334,000 MLS #898130
May 3, 2010 Sold $225,000 Public Record
Feb 13, 2010 Listing removed $249,900 NWMLS
Jan 15, 2010 Relisted $249,900 MLS #29102091
Jan 8, 2010 Listing removed $249,900 NWMLS
Jul 16, 2009 Listed $249,900 MLS #29102091
Mar 14, 2001 Sold $127,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $409,521 $253,696 $663,217 $5,508
2025 $409,521 $253,696 $663,217 $5,271
2024 $407,687 $252,560 $660,247 $5,138
2023 $351,461 $217,728 $569,189 $4,814
2022 $278,937 $172,800 $451,737 $4,195
2021 $258,275 $160,000 $418,275 $4,116
2020 $233,494 $146,406 $379,900 $3,868
2019 $209,568 $131,446 $341,014 $3,463
2018 $180,434 $113,168 $293,602 $3,487
2017 $163,122 $101,552 $264,674 $3,008
2016 $148,344 $92,752 $241,096 $2,632
2015 $140,744 $88,000 $228,744 $2,580
2014 $130,439 $86,100 $216,539 $2,484
2013 $124,822 $82,000 $206,822 $2,255
2012 $124,822 $82,000 $206,822 $2,081
2011 $124,822 $82,000 $206,822 $2,017
2010 $124,820 $82,000 $206,820 $1,848
2009 $114,925 $65,000 $179,925 $1,622
2008 $114,925 $65,000 $179,925 $1,771

Property facts

Year built
1924
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,848 sqft
Lot size
6,098 sqft
ZIP code
98225
City
Bellingham
Street
Illinois St
Coordinates
48.76840, -122.47940

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
$4,250
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 500 Illinois St last sell?
500 Illinois St most recently sold on May 6, 2022 for $815,000.
What is the current tax assessment for 500 Illinois St?
The most recent total assessment for 500 Illinois St (year 2026) is $663,217 with $5,508 in property tax.
How does 500 Illinois St's assessment compare to its last sale price?
The current assessment is 18.6% below the last sale price of $815,000.
When was 500 Illinois St built?
500 Illinois St was built in 1924.
How does 500 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 500 Illinois St?
500 Illinois St is a 4 bed, 2 bath, 1,848 sqft, 6,098 sqft lot single_family.
Is 500 Illinois St a flip candidate?
No — 500 Illinois St does not appear in our flips dataset.
Is 500 Illinois St a tax-appeal candidate?
No — 500 Illinois 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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