NOT LISTED FOR SALE

506 S State St Unit 1 Bellingham, WA 98225

South Hill Neighborhood

Estimated Value: $1,615,000 - $3,015,000

3 Beds
3 Baths
3,525 Sq Ft
$672/Sq Ft Est. Value

About This Home

This home is located at 506 S State St Unit 1, Bellingham, WA 98225 and is currently estimated at $2,368,137, approximately $671 per square foot. 506 S State St Unit 1 is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
George Rucker Thomas and Clare Elizabeth
Bought by
Rucker Living Trust
Current Estimated Value
$2,368,137

Purchase Details

Closed on
May 11, 2022
Sold by
Rucker Living Trust
Bought by
Rucker Thomas George and Patterson Elizabeth Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2022
Sold by
Miller William D and Miller Elizabeth A
Bought by
Rucker Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Whidbey Island Bank
Bought by
Miller William D and Lee Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Frank & Madelyn Thomas Family Llc
Bought by
Whidbey Island Bank

Purchase Details

Closed on
Aug 19, 2005
Sold by
Thomas Frank E and Thomas Madelyn S
Bought by
F & M Thomas Llc

Purchase Details

Closed on
Jan 1, 1998
Sold by
Thomas Frank E and Thomas Madelyn S
Bought by
Frank & Madelyn Thomas Family Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rucker Living Trust -- Priority Title And Escrow
Rucker Thomas George -- None Listed On Document
Rucker Living Trust $2,700,000 Chicago Title
Miller William D $1,100,280 First American Title Ins
Whidbey Island Bank $2,830,000 First American Title Insuran
F & M Thomas Llc -- --
Thomas Frank E -- --
Frank & Madelyn Thomas Family Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rucker Thomas George $1,700,000
Previous Owner Miller William D $500,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,228 $1,957,879 $465,658 $1,492,221
2023 $15,228 $1,957,879 $465,658 $1,492,221
2022 $13,468 $1,702,463 $404,910 $1,297,553
2021 $12,683 $1,442,769 $343,145 $1,099,624
2020 $12,101 $1,254,531 $298,375 $956,156
2019 $11,045 $1,156,250 $275,000 $881,250
2018 $11,600 $1,058,280 $260,040 $798,240
2017 $10,623 $954,100 $234,400 $719,700
2016 $9,818 $912,100 $228,400 $683,700
2015 $9,244 $878,200 $219,400 $658,800
2014 -- $800,000 $200,000 $600,000
2013 -- $800,000 $200,000 $600,000
Source: Public Records

Map

Washington Whatcom County Bellingham 98225 South Hill

506 S State St Unit 1, Bellingham, WA

This home is located at 506 S State St Unit 1, Bellingham, WA 98225 and is currently estimated at $2,368,137, approximately $671 per square foot. 506 S State St Unit 1 is a home located in Whatcom County with nearby schools including Lowell Elementary School, Fairhaven Middle School, and Sehome High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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