8 Meadow Ln Mercer Island, WA 98040
Island Point NeighborhoodEstimated Value: $6,062,669 - $7,997,000
6
Beds
6
Baths
5,990
Sq Ft
$1,208/Sq Ft
Est. Value
About This Home
This home is located at 8 Meadow Ln, Mercer Island, WA 98040 and is currently estimated at $7,237,890, approximately $1,208 per square foot. 8 Meadow 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
Nov 16, 1995
Sold by
Dick Jan R and Dick Geraldine A Malarkey
Bought by
Chen Meijin
Current Estimated Value
Purchase Details
Closed on
Aug 18, 1995
Sold by
Somers Howard and Somers Murial G
Bought by
Orehek John M and Orehek Paula A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.63%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Meijin | $58,950 | Old Republic Title Ltd | |
| Orehek John M | $883,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Orehek John M | $500,000 |
Source: Public Records
Tax History Compared to Growth
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 | $40,349 | $6,163,000 | $2,857,000 | $3,306,000 |
| 2023 | $39,839 | $5,788,000 | $2,696,000 | $3,092,000 |
| 2022 | $35,619 | $6,473,000 | $3,033,000 | $3,440,000 |
| 2021 | $34,188 | $4,838,000 | $2,497,000 | $2,341,000 |
| 2020 | $32,625 | $4,272,000 | $2,379,000 | $1,893,000 |
| 2018 | $31,653 | $4,044,000 | $1,806,000 | $2,238,000 |
| 2017 | $27,627 | $3,649,000 | $1,633,000 | $2,016,000 |
| 2016 | $25,698 | $3,395,000 | $1,493,000 | $1,902,000 |
| 2015 | $24,759 | $3,075,000 | $1,352,000 | $1,723,000 |
| 2014 | -- | $2,831,000 | $1,250,000 | $1,581,000 |
| 2013 | -- | $3,096,000 | $1,338,000 | $1,758,000 |
Source: Public Records
Map
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