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720 Lakemead Way

Redwood City, CA 94062

5 bd 3 ba 3,360 sqft Built 1987 Lot 13,591 sqft single_family
Most recent sale
$3,427,000
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2022 Sold $3,427,000 MLS #ML81898958
Jul 5, 2022 Listed $3,395,000 MLS #ML81898958
Apr 16, 1996 Sold $750,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $712,000 $2,238,000 $2,950,000 $34,321
2024 $712,000 $2,238,000 $2,950,000 $32,487
2023 $667,000 $2,098,000 $2,765,000 $32,552
2022 $587,040 $587,040 $1,174,080 $14,319
2021 $575,530 $575,530 $1,151,060 $14,120
2020 $569,629 $569,629 $1,139,258 $13,876
2019 $558,460 $558,460 $1,116,920 $13,754
2018 $547,510 $547,510 $1,095,020 $13,355
2017 $536,775 $536,775 $1,073,550 $13,088
2016 $526,250 $526,250 $1,052,500 $12,643
2015 $518,346 $518,346 $1,036,692 $12,164
2014 $508,193 $508,193 $1,016,386 $11,907
2013 $505,897 $505,897 $1,011,794 $11,745
2012 $495,978 $495,978 $991,956 $11,549
2011 $486,253 $486,253 $972,506 $11,305
2010 $482,619 $482,619 $965,238 $11,130
2009 $483,766 $483,766 $967,532 $11,047
2008 $474,281 $474,281 $948,562 $10,744
2007 $464,982 $464,982 $929,964 $10,379

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,360 sqft
Lot size
13,591 sqft
ZIP code
94062
City
Redwood City
Street
Lakemead Way
Coordinates
37.46097, -122.26901

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,752
Gross rental yield
3.76%
Implied cap rate
2.45%
Trend-extrapolated value

Frequently asked questions

When did 720 Lakemead Way last sell?
720 Lakemead Way most recently sold on Aug 10, 2022 for $3,427,000.
What is the current tax assessment for 720 Lakemead Way?
The most recent total assessment for 720 Lakemead Way (year 2025) is $2,950,000 with $34,321 in property tax.
How does 720 Lakemead Way's assessment compare to its last sale price?
The current assessment is 13.9% below the last sale price of $3,427,000.
When was 720 Lakemead Way built?
720 Lakemead Way was built in 1987.
How does 720 Lakemead Way compare to others on Lakemead Way?
We track 8 other properties on Lakemead Way. Browse the list under "Other properties on Lakemead Way" to compare beds, baths, and sale history.
What are the property facts for 720 Lakemead Way?
720 Lakemead Way is a 5 bed, 3 bath, 3,360 sqft, 13,591 sqft lot single_family.
Is 720 Lakemead Way a flip candidate?
No — 720 Lakemead Way does not appear in our flips dataset.
Is 720 Lakemead Way a tax-appeal candidate?
No — 720 Lakemead Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.9%
Implied 1-yr
+35.7%
2026 Q3
$7.42M
2026 Q4
$7.83M
ZIP 94062 — Median Price History + Forecast

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