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    Property profile & analytics

    1305 Larrabee Ave Bellingham, WA 98225-7452

    • Investment properties
    • 10,778 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    May 12, 2020
    Location Intelligence
    Property ID
    US90-0136035
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Gallery Apartments / Apartment Building
    • Lux Design / Landscape Designer / Interior Designer
    • Timber Paws / Dog Day Care Center

    Property Details for 1305 Larrabee Ave

    Year built
    2021
    Lot size
    0.12 lot acres
    Property size
    10,778 SF
    Zone code
    CMIX
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    370201 178042 0000
    APU
    3702011780420000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.501
    Latitude
    48.7187
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $2,730
    $680,568
    $1,764,152
    $2,444,720
    -
    $680,568
    $1,764,152
    $2,444,720

    Comparable in this City

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      215 Holly St

      OFFICE/RESIDENTIAL (MIXED USE) • 20,586 SF
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      18,975 SF

      1226 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 18,975 SF
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    • Value Estimation by Request
      44,694 SF

      20 Bellwether Way

      OFFICE/RESIDENTIAL (MIXED USE) • 44,694 SF
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      401 Champion St

      OFFICE/RESIDENTIAL (MIXED USE) • 27,276 SF
      401 Champion St, Bellingham, WA 98225-4373
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    • Value Estimation by Request
      61,084 SF

      1310 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 61,084 SF
      1310 9th St, Bellingham, WA 98225-6896
      View Details

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    Bellingham, WA 98225-7452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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