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Listed by Elizabeth Wolfe • Windermere RE Whatcom, Inc..

FOR SALE

$329,000

Est. $1,660/mo

1 bd•1 ba

820 N State Street #507, Bellingham, WA 98225

• Listed 2026-05-14•12 days on market

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MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of May 26, 2026 at 09:12am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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About this home

Located on the 5th floor along the interior side of the building, this condo overlooks the landscaped courtyard and offers a quieter setting with comfortable natural light throughout the space. Located in Madrona Condominiums, a new six-story boutique community of 111 residences on State Street. This large 1-bedroom floorplan is thoughtfully designed with upgraded finishes, efficient modern living, a full appliance package, and parking. Residents enjoy two elevators, dedicated bike storage, a shared terrace with a BBQ and fireplace for gathering and entertaining, and large windows that create a quiet interior retreat from the energy of downtown. Step outside to waterfront trails leading to Boulevard Park, local coffee shops, restaurants, and quick access to Fairhaven and WWU. Added bonus: City of Bellingham Multi-Family Tax Exemption program applies, making annual property taxes approximately $420/year for the first 8 years. Projected completion June 2026.

Property type

Condo

Year built

2026

Interior

Not listed

Lot size

Not listed

Parking

Common Garage

Price / sq ft

Not listed

HeatingWall Furnace

CoolingNone

Property taxes$420/yr (est.)

HOA dues$203.61/mo

Listed by Elizabeth Wolfe • Windermere RE Whatcom, Inc.

Listing updated: May 26, 2026 at 09:12am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2522233

RexMont Market Signal©

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-$329,000 under list price

Nearby comparable homes

RexMont uses 0 strongest recent nearby sales, priced between $InfinityM and $-InfinityK.5 outlier sales were excluded from this snapshot.Public-record comparables are supplemented with Google exterior imagery when MLS photos are unavailable.

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820 N State Street #507, Bellingham, WA 98225

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List price

$329,000

Down payment

$65,800

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$1,981 per month

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhood Compare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

Market pulse

Bellingham is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market

Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: Days-on-market data not available for this area.

Recent sales nearby

Within 1 mile · last 6 months

$335,000 Sold
5 weeks ago
2 bd•1 ba•Condo
1031 N State Street #107, Bellingham, WA 98225
1%
Under list
—
Days on market
0.2 mi
Distance
$584,000 Sold
3 months ago
2 bd•2 ba•Condo
201 S State Street #a, Bellingham, WA 98225
1%
Under list
—
Days on market
0.8 mi
Distance
$609,000 Sold
4 months ago
2 bd•2 ba•Condo
201 S State Street #b, Bellingham, WA 98225
2%
Under list
—
Days on market
0.8 mi
Distance
$950,000 Sold
5 months ago
2 bd•Condo
1025 Granary Avenue #404, Bellingham, WA 98225
0%
Over list
—
Days on market
0.5 mi
Distance
$685,000 Sold
6 months ago
2 bd•1 ba•Condo
402 Boulevard #103, Bellingham, WA 98225
2%
Over list
—
Days on market
0.4 mi
Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Jun 2026

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