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690 32nd Street #B301, Bellingham, WA, 98225

--beds
1baths
487sqft
$232,000
$476price/sqft
$1,513/moest. monthly cost
$60,520/yrincome needed

About This Home

Welcome to easy, low-maintenance living at Cypress Condominiums! This bright, third-floor corner studio offers an exceptional opportunity for first-time buyers, professionals, downsizers, or WWU students looking to invest in housing. The open-concept layout lives large and is filled with natural light thanks to its desirable corner-unit location. Inside, you'll find beautiful maple cabinetry, a custom live-edge breakfast bar that adds warmth and character, luxury vinyl plank flooring, updated appliances, a new hot water tank, and the convenience of an in-unit washer and dryer. Step onto your private balcony overlooking the peaceful courtyard and gazebo - the perfect place to enjoy your morning coffee or unwind at the end of the day. Residents enjoy secure keyless entry, elevator access, a fitness room, bike storage, and assigned parking. Ideally located with easy access to I-5, Sehome Village, Fairhaven, and the Connelly Creek Trail system, you'll have shopping, dining, and outdoor recreation just minutes away. Conveniently located on the WWU bus line, making campus access simple while also providing an easy commute throughout South Bellingham. Whether you're searching for your own home, a lock-and-leave lifestyle, or a place where a WWU student can build equity instead of paying rent, this move-in-ready condo offers outstanding value in one of South Bellingham's most convenient locations.

Getting Around

58
WalkingSomewhat Walkable
36
TransitSome Transit
50
BikeBikeable

Schools

6/10
8/10
Fairhaven Middle SchoolGrades 6-81.5 mi
9/10
Sehome High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Composition
  • Construction materials: Cement/Concrete,Stone

Notable Dates

  • Major remodel year: 2006

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 487
  • Total interior livable area: 487 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Property

Details

  • Parcel number: 3703062364010073
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Sprinkler System
  • Has view: Yes
  • View description: Territorial

Lot

  • Features: Curbs,Paved,Sidewalk

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Earthquake
Winter Weather

FEMA Declared Disasters in Whatcom County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,173$14,076
Home Insurance *$36$432
Property Taxes $155$1,860
Electricity $149$1,793
Total$1,513$18,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,874/yr
40% on housing$45,390/yr
45% on housing$40,346/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.8%
3.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$476This listing

vs Other Active Listings

Avg $/sqft

ZIP 98225$316
Whatcom County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 98225$446
Whatcom County$335

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$232,000
2023-03-24Sold$233,000
2023-02-28Pending sale$230,000
2023-02-21Listed for sale$230,000
2023-02-16Pending sale$230,000
2023-02-09Listed for sale$230,000
2013-05-02Listing removed$109,000
2013-02-21Listed for sale$109,000
2012-10-22Listing removed$795
2012-08-21Listed for rent$795
2012-02-02Listing removed$114,900
2010-03-06Price change$114,900
2010-01-20Listed for sale$128,530

For Sale by Agent

AgentRamona Green
BrokerageWindermere RE Whatcom, Inc.

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