NOT LISTED FOR SALE

12615 Possession Ln Edmonds, WA 98026

Wind and Tide Neighborhood

Estimated Value: $219,000

1.77 Acres
$123,729 Price per Acre
77,101 Sq Ft Lot

Last Sold January 30, 2015

Last sale price $100,000

Est. 119% increase in value since last sale

Current estimated payment $1,393/month

189 Days on Market

About This Lot

As of January 2015

Puget Sound, Olympic Mountain & Whidbey Island View home site provides the perfect expression of Pacific NW living. Build the home of your dreams on this 1.77 acre View lot located in the peaceful WindandTide community of Edmonds.

Last Agent to Sell the Property

Lou Urrutia

Windermere Real Estate/M2, LLC License #38331 Listed on: 06/13/2014

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Lou Urrutia

Windermere Real Estate/M2, LLC License #38331 Listed on: 06/13/2014

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM651369

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,199

Lot Details

Property Views

  • Views of a Sound
  • Mountain Views

Additional Features

  • Sloped Lot
  • Sewer Not Available

Community Details

  • Wind And Tide Community

Listing and Financial Details

  • Assessor Parcel Number 00614800008100

Property Details

Property Type

Land

Est. Annual Taxes

$2,199

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Access Easement
  • View: Mountain, Sound
  • Waterfront: Bank-Medium

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Sewer: Not Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Wind and Tide
  • Project: WindandTide

Schools

  • High School: Kamiak High
  • School District: MUK

Lot Info

  • Lot Number: 81
  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 77101
  • Parcel Number: 00614800008100
  • Topography: Sloped
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Possession Lane Development Inc
Bought by
Momi Harminder and Momi Manpreet
Current Estimated Value
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$617,180
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$398,180

Purchase Details

Closed on
Feb 14, 2017
Sold by
Begis Building Inc
Bought by
Possession Lane 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
$98,000
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jan 9, 2015
Sold by
Smith Erik and Smith Pamela J
Bought by
Begis Building Inc
Seller's Agent
Lou Urrutia
Windermere Real Estate/M2, LLC
Buyer's Agent
Lou Urrutia
Windermere Real Estate/M2, LLC
List Price
$134,925
Sold Price
$100,000
Premium/Discount to List
-$34,925
-25.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$95,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2009
Sold by
Paulson Jeffrey D
Bought by
Smith Erik and Smith Pamela J

Purchase Details

Closed on
Mar 9, 2005
Sold by
Paulson Brenda
Bought by
Paulson Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2004
Sold by
Kindley Roger J
Bought by
Smith Erik and Smith Pamela J
Source: Public Records

Range of Values:

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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
Momi Harminder $1,400,000 Rainier Title
Possession Lane Development Inc -- Rainier Title
Begis Building Inc $100,000 Stewart Title
Smith Erik $350,000 Pnwt
Paulson Jeffrey D $11,235 Pnwt
Paulson Jeffrey D $85,000 Pnwt
Smith Erik $65,000 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Momi Harminder $700,000
Previous Owner Begis Business Park Inc $98,000
Previous Owner Begis Building Inc $95,000
Previous Owner Smith Erik $947,844
Previous Owner Paulson Jeffrey D $597,600
Previous Owner Paulson Jeffrey D $359,650
Closed Paulson Jeffrey D $186,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $100,000 -25.9% --
12/19/2014 12/19/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $134,925 -- --
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 $2,199 $211,400 $211,400 --
2024 $2,199 $249,400 $249,400 --
2023 $1,983 $233,200 $233,200 $0
2022 $1,734 $171,200 $171,200 $0
2020 $1,571 $148,700 $148,700 $0
2019 $1,492 $143,200 $143,200 $0
2018 $1,556 $130,800 $130,800 $0
2017 $1,129 $94,100 $94,100 $0
2016 $870 $69,400 $69,400 $0
2015 $1,037 $77,900 $77,900 $0
2013 $977 $68,400 $68,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Lou Urrutia

    Seller's Agent in 2015

    Lou Urrutia

    Windermere Corporate

    (425) 356-9107

    2 in this area

    57 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM651369

Northwest Multiple Listing Service (NWMLS)

APN: 006148-000-081-00

Washington Snohomish County Edmonds 98026 Wind and Tide

12615 Possession Ln, Edmonds, WA

This home is located at 12615 Possession Ln, Edmonds, WA 98026 since 13 June 2014 and is currently estimated at $219,000. 12615 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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