Listed by eXp Realty, Bought with eXp Realty
NOT LISTED FOR SALE

11920 Possession Ln Edmonds, WA 98026

Wind and Tide Neighborhood

Estimated Value: $1,493,000 - $1,663,000

2 Beds
3 Baths
3,000 Sq Ft
$524/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $769,000 $256 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,126/month

18 Days on Market

About This Home

As of September 2014

Stunning waterfront unobstructed 180° Puget Sound,Olympic Mountain & Whidbey Island views.Enjoy the view from every room in this beautiful new 4000asf home (3000 finished,1000unfinished)2 master suites.1 on the main level.Bathrooms have granite counters, travertine floors.Large kitchen finished w/double skylights,maple cabinets,slab granite counters,gas cooktop,stainless appl.Living room features a corner gas fireplace. Huge Bonus Room! 3 view decks. Under construction.Photos from a prior home

Last Agent to Sell the Property

Michael West

eXp Realty License #12243 Listed on: 06/06/2014

eXp Realty

Last Buyer's Agent

CL Tang

eXp Realty License #79844

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM648478

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$10,654

Year Built

2014

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 3000
  • Form 17: Provided
  • Special Features: NewHome
  • Year Built: 2014

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplaces: 1
  • Basement: Unfinished
  • Features: 2nd Master BR, Bath Off Master, Double Pane/Storm Window, Dining Room, Skylights, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Sq Ft Unfinished: 1000
  • Water Heater Location: garage-gas

Exterior Features

  • Roof: Composition
  • Homebuilder: Axis Investments Inc
  • Exterior: Cement Planked, Stone
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Propane
  • View: Mountain, Sound, Territorial
  • Waterfront: Medium Bank
  • Lot Topography: Garden Space, Level, Steep Slope

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Heating and Cooling: Forced Air
  • Sewer: Septic
  • Water Source: Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Sep 2, 2014
Sold by
Axis Investments Inc
Bought by
Lu Deborah Rong and Logan Travis
Seller's Agent
Michael West
eXp Realty
Buyer's Agent
CL Tang
eXp Realty
List Price
$769,000
Sold Price
$769,000
Current Estimated Value
$1,570,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,656
Avg. Annual Appreciation
6.55%
Original Mortgage
$469,000
Outstanding Balance
$154,381
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,416,275

Purchase Details

Closed on
Jun 1, 2014
Sold by
Picnic Point Development Inc
Bought by
Axis Investments Inc

Purchase Details

Closed on
Dec 11, 2013
Sold by
Axis Investments
Bought by
Picnic Point Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2011
Sold by
Begis Jacob
Bought by
Picnic Point Development Inc

Purchase Details

Closed on
Jul 7, 2010
Sold by
Cressey Charles O
Bought by
Begis Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Deborah Rong $769,000 Stewart Title
Axis Investments Inc -- None Available
Picnic Point Development Inc -- Stewart Title Of Island Coun
Picnic Point Development Inc -- None Available
Begis Jacob $75,000 Stewart Title
Begis Jacob $75,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Deborah Rong $469,000
Previous Owner Picnic Point Development Inc $340,000
Previous Owner Begis Jacob $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $769,000 0.0% $256 / Sq Ft
08/05/2014 08/05/14 Off Market $769,000 -- --
06/25/2014 06/25/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $769,000 -- $256 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $10,654 $1,321,800 $611,000 $710,800
2024 $10,654 $1,275,300 $597,500 $677,800
2023 $11,433 $1,432,600 $740,300 $692,300
2022 $10,519 $1,115,400 $527,400 $588,000
2020 $9,501 $977,600 $494,300 $483,300
2019 $8,807 $911,600 $438,000 $473,600
2018 $9,106 $822,200 $397,800 $424,400
2017 $8,867 $821,100 $389,800 $431,300
2016 $8,180 $752,600 $331,500 $421,100
2015 $3,604 $297,600 $88,500 $209,100
2013 $1,069 $85,600 $85,600 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael West

    eXp Realty

    Section Image
  • CL Tang

    Buyer's Agent in 2014

    CL Tang

    eXp Realty

    (206) 972-2702

    133 Total Sales

    CL Tang
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM648478

Northwest Multiple Listing Service (NWMLS)

APN: 006148-000-047-00

Washington Snohomish County Edmonds 98026 Wind and Tide

11920 Possession Ln, Edmonds, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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