121 Underhill Rd
Bellingham, WA 98225
5 bd 3 ba 3,854 sqft Built 2005 Lot 19,602 sqft single_family
Most recent sale
$2,400,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2025 | Sold | $2,285,000 | NWMLS |
| May 2, 2025 | Listed | $2,300,000 | NWMLS |
| Jun 30, 2022 | Sold | $2,400,000 | MLS #1936282 |
| May 19, 2022 | Listed | $2,100,000 | MLS #1936282 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $1,022,450 | $1,004,500 | $2,026,950 | $16,825 |
| 2025 | $1,022,450 | $1,004,500 | $2,026,950 | $12,474 |
| 2024 | $966,688 | $612,430 | $1,579,118 | $12,282 |
| 2023 | $822,717 | $521,220 | $1,343,937 | $11,391 |
| 2022 | $663,500 | $420,350 | $1,083,850 | $10,117 |
| 2021 | $582,012 | $368,725 | $950,737 | $9,611 |
| 2020 | $582,012 | $368,725 | $950,737 | $9,445 |
| 2019 | $552,456 | $350,000 | $902,456 | $9,132 |
| 2018 | $557,661 | $317,363 | $875,024 | $9,443 |
| 2017 | $495,006 | $281,700 | $776,706 | $8,331 |
| 2016 | $456,091 | $259,200 | $715,291 | $7,584 |
| 2015 | $432,741 | $245,700 | $678,441 | $7,466 |
| 2014 | $412,116 | $234,000 | $646,116 | $7,216 |
| 2013 | $389,156 | $225,000 | $614,156 | $7,322 |
| 2012 | $429,269 | $242,000 | $671,269 | $6,775 |
| 2011 | $431,249 | $242,000 | $673,249 | $6,692 |
| 2010 | $435,650 | $250,250 | $685,900 | $6,390 |
| 2009 | $440,050 | $275,000 | $715,050 | $6,446 |
| 2008 | $372,470 | $140,000 | $512,470 | $5,044 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,854 sqft
Lot size
19,602 sqft
ZIP code
98225
City
Bellingham
Street
Underhill Rd
Coordinates
48.71254, -122.50441
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,864
Gross rental yield
4.43%
Implied cap rate
2.88%
Trend-extrapolated value
—
Frequently asked questions
When did 121 Underhill Rd last sell?
121 Underhill Rd most recently sold on Jun 30, 2022 for $2,400,000.
What is the current tax assessment for 121 Underhill Rd?
The most recent total assessment for 121 Underhill Rd (year 2026) is $2,026,950 with $16,825 in property tax.
How does 121 Underhill Rd's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $2,400,000.
When was 121 Underhill Rd built?
121 Underhill Rd was built in 2005.
How does 121 Underhill Rd compare to others on Underhill Rd?
We track 1 other property on Underhill Rd. Browse the list under "Other properties on Underhill Rd" to compare beds, baths, and sale history.
What are the property facts for 121 Underhill Rd?
121 Underhill Rd is a 5 bed, 3 bath, 3,854 sqft, 19,602 sqft lot single_family.
Is 121 Underhill Rd a flip candidate?
No — 121 Underhill Rd does not appear in our flips dataset.
Is 121 Underhill Rd a tax-appeal candidate?
No — 121 Underhill Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$1.11M
2026 Q4
$1.14M
ZIP 98225 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Underhill Rd