NOT LISTED FOR SALE

12002 Possession Ln Edmonds, WA 98026

Wind and Tide Neighborhood

Estimated Value: $1,618,000 - $1,958,000

2 Beds
3 Baths
3,000 Sq Ft
$580/Sq Ft Est. Value

Last Sold August 05, 2013

Last sale price $749,000 $250 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $10,598/month

About This Home

As of August 2013

New Waterfront Edmonds home! Stunning 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,stainless appl. Features based on the last model home, subject to change.

Last Agent to Sell the Property

Michael West

eXp Realty License #12243 Listed on: 07/02/2013

eXp Realty

Last Buyer's Agent

Wade Heyer

Wilson Realty Exchange, Inc. License #23168

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM511223

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Jul 29, 2013
Sold by
Picnic Point Development Inc
Bought by
Shong Paul and Shong Jennifer
Seller's Agent
Michael West
eXp Realty
Buyer's Agent
Wade Heyer
Wilson Realty Exchange, Inc.
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,739,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,331
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Nov 27, 2012
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
$300,000
Interest Rate
3.36%
Mortgage Type
Unknown

Purchase Details

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

Purchase Details

Closed on
Jan 10, 2011
Sold by
Picnic Point Development Inc
Bought by
Axis Investments

Purchase Details

Closed on
Dec 29, 2009
Sold by
Oman Patricia
Bought by
Begis Jake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200
Interest Rate
4.78%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shong Paul $749,280 Stewart Title Of Island Cnty
Picnic Point Development Inc -- None Available
Picnic Point Development Inc -- None Available
Axis Investments -- None Available
Begis Jake $114,800 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shong Paul D $300,000
Closed Shong Paul $35,000
Previous Owner Begis Jacob Lee $300,000
Previous Owner Picnic Point Development Inc $320,000
Previous Owner Begis Jake $5,200
Previous Owner Begis Jake $102,800
Previous Owner Begis Jake $5,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2013 08/05/13 Sold $749,000 0.0% $250 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $749,000 -- $250 / 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 $10,899 $1,353,500 $619,700 $733,800
2024 $10,899 $1,305,500 $605,900 $699,600
2023 $11,268 $1,411,400 $696,200 $715,200
2022 $10,698 $1,134,900 $527,400 $607,500
2020 $9,652 $993,400 $494,300 $499,100
2019 $8,955 $927,200 $438,000 $489,200
2018 $9,257 $836,100 $397,800 $438,300
2017 $8,969 $830,600 $389,800 $440,800
2016 $8,034 $738,900 $312,800 $426,100
2015 $8,451 $712,400 $291,800 $420,600
2013 $845 $67,600 $67,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael West

    Seller's Agent in 2013

    Michael West

    eXp Realty

    (425) 231-8688

    50 Total Sales

    Section Image
  • Wade Heyer

    Buyer's Agent in 2013

    Wade Heyer

    Wilson Realty Exchange, Inc.

    (206) 550-1500

    11 Total Sales

    Wade Heyer
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM511223

Northwest Multiple Listing Service (NWMLS)

APN: 006148-000-045-00

Washington Snohomish County Edmonds 98026 Wind and Tide

12002 Possession Ln, Edmonds, WA

This home is located at 12002 Possession Ln, Edmonds, WA 98026 since 02 July 2013 and is currently estimated at $1,739,331, approximately $579 per square foot. This property was built in 2013. 12002 Possession Ln is a home located in Snohomish County with nearby schools including Picnic Point Elementary School, Harbour Pointe Middle School, and Kamiak 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes