Listed by HomeSmart One Realty, Bought with KW Greater Seattle
NOT LISTED FOR SALE

12331 Possession Ln Edmonds, WA 98026

Wind and Tide Neighborhood

Estimated Value: $944,000 - $1,207,630

2 Beds
4 Baths
2,000 Sq Ft
$548/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $925,000 $462 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,583/month

43 Days on Market

Highlights

  • Views of a Sound
  • Fireplace in Primary Bedroom
  • Secluded Lot
  • Harbour Pointe Middle School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2024

Nestled on a tranquil dead-end street in the heart of the picturesque Pacific Northwest, this home boasts captivating western exposure. Savor your morning coffee on one of three decks or from the numerous windows throughout the house while you watch seals, bald eagles, and passing water traffic. With two bedrooms (potentially three), an oversized garage, shed, and spacious lot, this property offers ample potential. It's a perfect opportunity for remodeling to suit your preferences, creating your dream waterfront estate. Priced thoughtfully, this isn't just a residence; it's a wise investment for those who value the sea and seek to blend the Northwest sound lifestyle with financial savvy. Beach rights include- 900 feet of private access.

Last Agent to Sell the Property

Thomas Rinow

HomeSmart One Realty License #111783 Listed on: 04/24/2024

HomeSmart One Realty

Last Buyer's Agent

Dru Hill

KW Greater Seattle License #124271

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2226684

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,239

Year Built

  • Built in 1974

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 103x187x108x171
  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Secluded Lot
  • Sloped Lot
  • Garden
  • Property is in good condition
  • Zoning described as R9600

Parking

  • 2 Car Attached Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Dining Room
  • Loft
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Picnic Point Elementary School
  • Harbour Pointe Mid Middle School
  • Kamiak High School

Utilities

  • Forced Air Heating System
  • Propane
  • Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Picnic Point Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,239

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Windantide Sub
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2000
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2226684?w=Consumer&agent=94217
  • Special Features: VirtualTour
  • Cumulative Days on Market: 445

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Built-In Vacuum, Dining Room, Fireplace (Primary Bedroom), Loft, Fireplace, Water Heater
  • Living Area: 2000
  • Main Level Bathrooms: 1
  • Bathrooms: 2.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2000
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Dead End Street, Open Space, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterAccess: Beach Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterCompany: Alderwood Water & Wastewater
  • WaterHeaterLocation: Lower Level Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mukilteo
  • High School: Kamiak High
  • Middle Or Junior School: Harbour Pointe Mid

Lot Info

  • Parcel Number: 00614800008900
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.41
  • Lot Size: 103x187x108x171
  • Lot Size Sq Ft: 17860
  • Zoning Description: R9600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 89

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8239

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Picnic Point Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 26, 2024
Sold by
Westfall John F and Westfall Eileen A
Bought by
Gwaltney Sean and Gwaltney Darlene
Seller's Agent
Thomas Rinow
HomeSmart One Realty
Buyer's Agent
Dru Hill
KW Greater Seattle
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
80
Current Estimated Value
$1,074,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,493
Avg. Annual Appreciation
14.45%
Original Mortgage
$766,250
Outstanding Balance
$760,486
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$314,007

Purchase Details

Listed on
Jun 8, 2014
Closed on
Oct 3, 2014
Sold by
Glasgow Kimbal C and Glasgow Cheryl J
Bought by
Westfall John F and Westfall Eileen A
Seller's Agent
Steve & Meriam Knoblaugh
COMPASS
Buyer's Agent
Emily Chatelain
Latham Realty Unlimited Inc
List Price
$579,950
Sold Price
$520,000
Premium/Discount to List
-$59,950
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$416,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gwaltney Sean $925,000 First American Title
Westfall John F $520,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gwaltney Sean $766,250
Previous Owner Westfall John F $50,000
Previous Owner Westfall John F $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $925,000 0.0% $463 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $925,000 -2.6% $463 / Sq Ft
04/24/2024 04/24/24 For Sale $950,000 +82.7% $475 / Sq Ft
10/03/2014 10/03/14 Sold $520,000 -3.7% $260 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
07/02/2014 07/02/14 Price Changed $539,950 -6.9% $270 / Sq Ft
06/08/2014 06/08/14 For Sale $579,950 -- $290 / 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 $7,784 $879,100 $616,100 $263,000
2024 $7,784 $929,000 $666,000 $263,000
2023 $8,239 $1,029,200 $725,600 $303,600
2022 $7,318 $772,800 $511,500 $261,300
2020 $6,262 $640,900 $416,800 $224,100
2019 $5,898 $606,000 $381,200 $224,800
2018 $5,932 $531,500 $330,000 $201,500
2017 $6,299 $579,800 $390,000 $189,800
2016 $5,391 $491,900 $309,800 $182,100
2015 $5,735 $480,000 $312,000 $168,000
2013 $5,417 $425,500 $283,500 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Rinow

    Seller's Agent in 2024

    Thomas Rinow

    HomeSmart One Realty

    (425) 530-4145

    1 in this area

    35 Total Sales

    Section Image
  • Dru Hill

    Buyer's Agent in 2024

    Dru Hill

    KW Greater Seattle

    (206) 771-9373

    1 in this area

    76 Total Sales

    Section Image
  • Steve & Meriam Knoblaugh

    Seller's Agent in 2014

    Steve & Meriam Knoblaugh

    Avenue Properties

    (425) 501-8380

    128 Total Sales

    Section Image

  • E

    Buyer's Agent in 2014

    Emily Chatelain

    Latham Realty Unlimited Inc

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2226684

Northwest Multiple Listing Service (NWMLS)

APN: 006148-000-089-00

Washington Snohomish County Edmonds 98026 Wind and Tide

12331 Possession Ln, Edmonds, WA

This home is located at 12331 Possession Ln, Edmonds, WA 98026 since 24 April 2024 and is currently estimated at $1,095,658, approximately $547 per square foot. This property was built in 1974. 12331 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

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