Listed by Windermere R.E. Mill Creek, Bought with Champions Real Estate
NOT LISTED FOR SALE

12910 Possession Ln Edmonds, WA 98026

Estimated Value: $664,000 - $839,000

2 Beds
2 Baths
925 Sq Ft
$810/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $450,000 $486 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,493/month

410 Days on Market

About This Home

As of November 2013

Wow! Unobstructed 200 degree views of the Puget Sound, Olympic Mountains & everything in between from this Picnic Point bluff hm. First time on the market in over 50 years, this rustic little cabin can be used as a wonderful weekend retreat or remodel it into a full time luxury home, virtually limitless opportunities w/this unique property. If unbelievable water & mountain views w/privacy from your neighbors is what you're looking for then you've found your own little slice of paradise here.

Last Agent to Sell the Property

Dominique Ruybal

Windermere R.E. Mill Creek License #5909 Listed on: 08/30/2012

Windermere R.E. Mill Creek

Last Buyer's Agent

Rob Purser

Champions Real Estate License #23589

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM399389

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$4,693

Year Built

1947

Lot Details

0

Listing Details

  • Sq Ft Finished: 925
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Washer
  • Fireplaces: 1
  • Features: Bath Off Master, Dining Room
  • Fireplaces: 1
  • Floor: Vinyl, Wall to Wall Carpet
  • Water Heater Location: Electric

Exterior Features

  • Roof: Composition, Metal
  • Exterior: Wood
  • Foundation: Concrete Block, Post & Block
  • Lot Details: Dead End Street, Paved Street, Secluded
  • Roof: Composition, Metal
  • Site Features: Deck, Partial Fence, RV Parking, Shop
  • View: Bay, City, Mountain, Sound, Strait
  • Lot Topography: Level, Partial Slope

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Spaces: 1

Utilities

  • Heating: Baseboard
  • Appliances: Dishwasher, Dryer, Range/Oven, Washer
  • Heating and Cooling: Baseboard
  • Power Company: Snohomish County PUD
  • Sewer: Septic
  • Water Company: Alderwood
  • Water Source: Public

Condo/Co-op/Association

  • Senior Exemption: Yes

Schools

  • School District: MUK
  • Elementary School: Picnic Point Elem
  • Middle School: Harbour Pointe Mid
  • High School: Kamiak High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2016
Sold by
Wanzer Richard Allen and Wanzer Jan M
Bought by
Wanzer Richard A and Wanzer Jan M
Current Estimated Value
$749,259

Purchase Details

Listed on
Aug 30, 2012
Closed on
Nov 19, 2013
Sold by
Dahlstrom Sheryl Louise and Blackwell Steven Lynn
Bought by
Wanzer Richard Allen and Wanzer Jan M
Seller's Agent
Dominique Ruybal
Windermere R.E. Mill Creek
Buyer's Agent
Rob Purser
Champions Real Estate
List Price
$499,950
Sold Price
$450,000
Premium/Discount to List
-$49,950
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$315,000
Outstanding Balance
$228,255
Interest Rate
3.07%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$547,021

Purchase Details

Closed on
Nov 14, 2005
Sold by
Blackwell Ruth and Dahlstrom Sherry
Bought by
Blackwell Ruth

Purchase Details

Closed on
Nov 22, 2004
Sold by
Blackwell Ruth
Bought by
Blackwell Ruth and Dahlstrom Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
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
Wanzer Richard A -- None Available
Wanzer Richard Allen $450,280 Chicago Title
Blackwell Ruth -- None Available
Blackwell Ruth $11,235 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanzer Richard Allen $315,000
Previous Owner Blackwell Ruth $900,000
Previous Owner Blackwell Ruth $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $450,000 -10.0% $486 / Sq Ft
10/17/2013 10/17/13 For Sale $499,950 +11.1% $540 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
10/02/2013 10/02/13 Off Market $450,000 -- --
08/30/2012 08/30/12 For Sale $499,950 -- $540 / 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 $4,693 $614,000 $433,300 $180,700
2024 $4,693 $550,000 $443,800 $106,200
2023 $3,980 $483,400 $435,300 $48,100
2022 $3,694 $379,200 $338,100 $41,100
2020 $6,953 $350,200 $310,400 $39,800
2019 $6,319 $650,300 $572,500 $77,800
2018 $4,206 $589,700 $520,000 $69,700
2017 $6,423 $591,500 $542,500 $49,000
2016 $5,715 $522,200 $474,500 $47,700
2015 $6,077 $509,200 $464,500 $44,700
2013 $5,904 $464,700 $406,500 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM399389

Northwest Multiple Listing Service (NWMLS)

APN: 005428-000-008-01