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1015 Railroad Ave

Bellingham, WA 98225

2 bd 2 ba 834 sqft Built 2005 condos
Most recent sale
$480,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 20, 2024 Sold $495,000 NWMLS
Jul 18, 2024 Listed $499,000 NWMLS
Sep 2, 2022 Sold $480,000 MLS #1962032
Jul 2, 2022 Listed $499,000 MLS #1962032
Jun 2, 2022 Listed $524,999 MLS #1942722
Sep 25, 2007 Sold $259,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $446,700 $52,115 $498,815 $4,144
2025 $446,700 $52,115 $498,815 $4,125
2024 $451,200 $52,640 $503,840 $3,922
2023 $372,900 $43,505 $416,405 $3,523
2022 $330,000 $38,500 $368,500 $354
2021 $300,000 $35,000 $335,000 $387
2020 $300,000 $35,000 $335,000 $402
2019 $278,363 $32,274 $310,637 $427
2018 $230,150 $26,684 $256,834 $453
2017 $218,040 $25,270 $243,310 $480
2013 $20,000 $20,000 $218
2012 $20,000 $20,000 $201
2011 $20,000 $20,000 $195
2010 $20,000 $20,000 $179
2009 $20,000 $20,000 $180
2008 $20,000 $20,000 $196

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
834 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
$1,918
Gross rental yield
4.80%
Implied cap rate
3.12%
Trend-extrapolated value

Frequently asked questions

When did 1015 Railroad Ave last sell?
1015 Railroad Ave most recently sold on Sep 2, 2022 for $480,000.
What is the current tax assessment for 1015 Railroad Ave?
The most recent total assessment for 1015 Railroad Ave (year 2026) is $498,815 with $4,144 in property tax.
How does 1015 Railroad Ave's assessment compare to its last sale price?
The current assessment is 3.9% above the last sale price of $480,000.
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 2 bed, 2 bath, 834 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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