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500 State St

Bellingham, WA 98225

1 bd 1 ba 645 sqft Built 1979 condos
Most recent sale
$430,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2025 Sold $485,000 NWMLS
Aug 3, 2022 Sold $430,000 MLS #1932067
Jul 2, 2022 Price changed $435,000 MLS #1932067
May 12, 2022 Listed $459,000 MLS #1932067
Jun 27, 2019 Sold $325,000 Public Record
Oct 27, 2017 Sold $245,100 Public Record
Jan 1, 2015 Sold $173,000 MLS #699917
Sep 25, 2014 Listed $187,500 MLS #699917
Jun 30, 1988 Sold $53,500 Public Record
Aug 24, 1984 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $283,800 $125,000 $408,800 $3,397
2025 $283,800 $125,000 $408,800 $3,712
2024 $283,966 $169,330 $453,296 $3,529
2023 $246,921 $147,240 $394,161 $3,344
2022 $209,256 $124,780 $334,036 $3,118
2021 $181,955 $108,500 $290,455 $2,936
2020 $181,955 $108,500 $290,455 $2,802
2019 $167,700 $100,000 $267,700 $2,406
2018 $133,040 $97,515 $230,555 $2,527
2017 $119,950 $87,900 $207,850 $2,325
2016 $113,950 $85,650 $199,600 $2,147
2015 $109,800 $82,275 $192,075 $2,022
2014 $100,000 $75,000 $175,000 $2,056
2013 $100,000 $75,000 $175,000 $1,876
2012 $102,974 $69,010 $171,984 $1,576
2011 $93,777 $62,846 $156,623 $1,499
2010 $91,977 $61,640 $153,617 $1,492
2009 $99,975 $67,000 $166,975 $1,505
2008 $74,175 $60,000 $134,175 $1,320

Property facts

Year built
1979
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
645 sqft
Lot size
ZIP code
98225
City
Bellingham
Street
State St
Coordinates
48.72986, -122.50267

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
$1,484
Gross rental yield
4.14%
Implied cap rate
2.69%
Trend-extrapolated value

Frequently asked questions

When did 500 State St last sell?
500 State St most recently sold on Aug 3, 2022 for $430,000.
What is the current tax assessment for 500 State St?
The most recent total assessment for 500 State St (year 2026) is $408,800 with $3,397 in property tax.
How does 500 State St's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $430,000.
When was 500 State St built?
500 State St was built in 1979.
How does 500 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 500 State St?
500 State St is a 1 bed, 1 bath, 645 sqft condos.
Is 500 State St a flip candidate?
No — 500 State St does not appear in our flips dataset.
Is 500 State St a tax-appeal candidate?
No — 500 State 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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