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  • Listed by: Windermere RE Whatcom, Inc. • David Hovde
    $525,000

    1021 21st Street, Bellingham, WA 98225

    --beds
    --baths
    6,237Square Feet
    Unimproved Land
    Built in ----
    6,237 Square Feet Lot
    $516,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Turnkey 4-Lot Short Plat – Permit-Ready Townhome Development. Welcome to 21st Street T-Homes, a fully entitled development opportunity two years in the making. This turnkey project includes a completed 4-lot short plat and permit-ready plans for four zero-lot-line townhomes, with all development and entitlement costs already paid except for the building permits, which are ready for pickup today. The approved design features two separate buildings, each containing two townhomes: Two smaller townhomes fronting Lenora Street, each offering: 2 bedrooms, 1.5 bathrooms and Single-car garage. Two larger townhomes fronting 21st Street, each offering: 3 bedrooms, 2.5 bathrooms and Two-car garage. Ideally located between Western Washington University and Fairhaven, this project presents exceptional flexibility and investment potential. Build and sell the homes individually, construct and hold as two duplexes for long-term income, or explore the possibility of combining the four lots into two larger homesites (buyer to verify). A rare opportunity to step directly into a permit-ready project in one of Bellingham's most desirable locations.
    15 days
    |
    173
    |
    5
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    David Hovde,

    Windermere RE Whatcom, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2542764MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 6,237 Square Feet
      • Dimensions: 50 x 125
      • Features: Curbs, Paved, Sidewalk, Corners Flagged
      Details
      • Parcel number: 3702014732050000
      • Zoning: RM1000
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: On Property
      • Gas: On Property
      • Sewer: Available, On Property
      • Water: Available, In Street, On Property, Jurisdiction: City of Bellingham
      • Utilities for property: Electricity Connected, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Happy Valley
      Location
      • Region: Bellingham

      Financial & listing details

      • Tax assessed value: $437,661
      • Annual tax amount: $3,847
      • Date on market: 6/18/2026
      • Cumulative days on market: 17 days
      • Listing terms: Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $516,400

        $491,000 - $542,000

        $2,102/mo

        Price history

        DateEventPrice
        6/19/2026Listed for sale$525,000+59.1%
        Source: NWMLS as distributed by MLS GRID #2542764 Report a problem
        3/11/2019Listing removed$330,000
        Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem
        3/11/2019Listed for sale$330,000+13.8%
        Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem
        3/8/2019Sold$290,000-12.1%
        Source: NWMLS as distributed by MLS GRID #1407018 Report a problem
        2/12/2019Pending sale$330,000
        Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem
        1/31/2019Listed for sale$330,000
        Source: RE/MAX Whatcom County, Inc. #1407018 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,584 +1.6%$437,661 -3.5%
        2023$3,530 +7.8%$453,308 +17.5%
        2022$3,274 +12.7%$385,797 +24%
        2021$2,904 +5.3%$311,135 +14%
        2020$2,759 $272,923 +5.4%
        2019$2,759 +1.8%$259,063 +19.3%
        2018$2,711 +19.6%$217,142 +12.7%
        2017$2,266 -3.3%$192,742 +8.7%
        2016$2,343 +24.6%$177,385 +5.5%
        2015$1,880 $168,171 +5%
        2014$1,880 +1.6%$160,162 +4.3%
        2013$1,851 $153,571 +0.8%
        2012-- $152,349 0%
        2011-- $152,418 -3.1%
        2010-- $157,258 -8.3%
        2009$1,546 +101.8%$171,470
        2008$766 $171,470 +120.4%
        2007$766 -13.6%$77,815
        2005$887 $77,815
        2004$887 +12.6%$77,815 +19.6%
        2003$788 +2.8%$65,075
        2002$766 -0.4%$65,075
        2001$769 $65,075
        2000-- $65,075 -0.4%
        1999-- $65,315

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Happy Valley

        Getting around

        56 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Happy Vly Elem
        • Middle: Fairhaven Mid
        • High: Sehome High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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