NOT LISTED FOR SALE

7950 Lake View Ln Mercer Island, WA 98040

Island Point Neighborhood

Estimated Value: $3,981,779 - $5,388,000

3 Beds
4 Baths
3,510 Sq Ft
$1,293/Sq Ft Est. Value

About This Home

This home is located at 7950 Lake View Ln, Mercer Island, WA 98040 and is currently estimated at $4,539,695, approximately $1,293 per square foot. 7950 Lake View Ln is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2021
Sold by
Gray Joseph W
Bought by
Palmborg Bypass Trust
Current Estimated Value
$4,539,695
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
Palmborg Bypass Trust -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmborg R D $1,100,000
Previous Owner Palmborg Rodney D $1,300,000
Previous Owner Palmborg R D $1,441,000
Previous Owner Palmborg Rodney D $750,000
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 $24,696 $3,771,000 $1,892,000 $1,879,000
2023 $24,387 $3,542,000 $1,785,000 $1,757,000
2022 $21,807 $3,961,000 $2,008,000 $1,953,000
2021 $20,934 $2,961,000 $1,653,000 $1,308,000
2020 $19,498 $2,615,000 $1,575,000 $1,040,000
2018 $18,915 $2,416,000 $1,372,000 $1,044,000
2017 $16,516 $2,180,000 $1,241,000 $939,000
2016 $15,365 $2,029,000 $1,135,000 $894,000
2015 $14,803 $1,838,000 $1,028,000 $810,000
2014 -- $1,692,000 $951,000 $741,000
2013 -- $1,489,000 $737,000 $752,000
Source: Public Records

Map

Washington King County Mercer Island 98040 Island Point

7950 Lake View Ln, Mercer Island, WA

This home is located at 7950 Lake View Ln, Mercer Island, WA 98040 and is currently estimated at $4,539,695, approximately $1,293 per square foot. 7950 Lake View Ln is a home located in King County with nearby schools including Lakeridge Elementary School, Islander Middle School, and Mercer Island 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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