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1015 Railroad Ave

Bellingham, WA 98225

1 bd 1 ba 632 sqft Built 2005 condos
Most recent sale
$374,900
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2024 Sold $374,900 NWMLS
Nov 17, 2023 Listed $374,900 NWMLS
Aug 29, 2016 Sold $195,000 Public Record
Jan 25, 2006 Sold $128,963 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $320,135 $52,115 $372,250 $3,094
2025 $320,135 $52,115 $372,250 $3,080
2024 $323,360 $52,640 $376,000 $2,928
2023 $267,245 $43,505 $310,750 $2,630
2022 $236,500 $38,500 $275,000 $2,554
2021 $215,000 $35,000 $250,000 $2,460
2020 $129,096 $32,274 $161,370 $1,643
2019 $106,736 $26,684 $133,420 $1,354
2018 $101,120 $25,270 $126,390 $1,501
2017 $80,000 $20,000 $100,000 $1,136
2016 $20,000 $20,000 $218
2015 $20,000 $20,000 $225
2014 $20,000 $20,000 $229
2013 $20,000 $20,000 $218
2012 $20,000 $20,000 $201
2011 $20,000 $20,000 $195
2010 $20,000 $20,000 $178
2009 $20,000 $20,000 $180
2008 $20,000 $20,000 $196

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
632 sqft
Lot size
ZIP code
98225
City
Bellingham
Street
Railroad Ave
Coordinates
48.74671, -122.48217

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
$1,454
Gross rental yield
4.65%
Implied cap rate
3.03%
Trend-extrapolated value

Frequently asked questions

When did 1015 Railroad Ave last sell?
1015 Railroad Ave most recently sold on Feb 27, 2024 for $374,900.
What is the current tax assessment for 1015 Railroad Ave?
The most recent total assessment for 1015 Railroad Ave (year 2026) is $372,250 with $3,094 in property tax.
How does 1015 Railroad Ave's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $374,900.
When was 1015 Railroad Ave built?
1015 Railroad Ave was built in 2005.
How does 1015 Railroad Ave compare to others on Railroad Ave?
We track 8 other properties on Railroad Ave. Browse the list under "Other properties on Railroad Ave" to compare beds, baths, and sale history.
What are the property facts for 1015 Railroad Ave?
1015 Railroad Ave is a 1 bed, 1 bath, 632 sqft condos.
Is 1015 Railroad Ave a flip candidate?
No — 1015 Railroad Ave does not appear in our flips dataset.
Is 1015 Railroad Ave a tax-appeal candidate?
No — 1015 Railroad Ave 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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