Listed by John L. Scott, Inc., Bought with Windermere RE/Lake Tapps, Inc
NOT LISTED FOR SALE

614 Mckinnon Ave Sumner, WA 98390

Estimated Value: $297,000 - $377,000

2 Beds
1 Bath
720 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $285,000 $396 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,012/month

4 Days on Market

Highlights

  • Mountain View
  • Property is near public transit and bus stop
  • 1-Story Property
  • Maple Lawn Elementary School Rated A-
  • No HOA
  • Garden

About This Home

As of November 2023

Attention, savvy investors, entrepreneurs, & property enthusiasts! Fix/flip, fix/rent, tear down & build up to a 4-unit complex. Whether your looking to restore the existing structure or embark on a new development venture, this property offers a gateway to potential prosperity. Thanks to recent zoning changes, the downtown Sumner community is buzzing w/possibilities. The Town Center Plan area allows for a variety of multifamily & commercial uses. Station district allows up to 4 stories in height w/a min. height of 2 stories. Close proximity to freeways, schools, public transp, shopping centers, & more. Act swiftly to seize your opportunity to explore this remarkable property, as opportunities like these are truly rare & not to be missed!

Last Agent to Sell the Property

Mike Mansour

John L. Scott, Inc. License #123745 Listed on: 10/13/2023

John L. Scott, Inc.

Last Buyer's Agent

Kyle Fox

Windermere RE/Lake Tapps, Inc License #109326

Windermere RE/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2171501

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1920

Lot Details

  • 10,121 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Garden

Property Views

  • Mountain
  • Territorial

Home Design

  • Fixer Upper
  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • Property is near public transit and bus stop
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1920
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 720
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2171501?w=Consumer&agent=107801
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Living Area: 720
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 720
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood Products
  • Foundation Details: Block
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 568000-014-0
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2323
  • Lot Size Sq Ft: 10121
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3367

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 2, 2023
Sold by
Potkonjak Matthew S and Potkonjak Tanya J
Bought by
Osley Richard and Osley Erinn Shawna
Seller's Agent
Mike Mansour
John L. Scott, Inc.
Buyer's Agent
Kyle Fox
Windermere RE/Lake Tapps, Inc
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Views
34
Current Estimated Value
$335,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,732
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Apr 20, 2022
Sold by
Potkonjak Jr George L and Potkonjak Linda R
Bought by
Potkonjak Matthew S and Potkonjak Tanya J

Purchase Details

Closed on
Sep 2, 1998
Sold by
Plischke Robert D
Bought by
Potkonjak George L and Potkonjak Linda R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osley Richard $285,000 Chicago Title
Potkonjak Matthew S -- None Listed On Document
Potkonjak George L -- Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $285,000 +14.0% $396 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $250,000 -- $347 / 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 $3,274 $267,800 $243,400 $24,400
2024 $3,274 $255,800 $227,200 $28,600
2023 $3,274 $316,000 $227,200 $88,800
2022 $3,294 $333,800 $249,300 $84,500
2021 $3,023 $228,900 $152,400 $76,500
2019 $2,294 $206,700 $129,200 $77,500
2018 $2,305 $183,300 $111,000 $72,300
2017 $1,868 $162,600 $91,400 $71,200
2016 $1,580 $121,800 $65,200 $56,600
2014 $1,435 $118,400 $68,300 $50,100
2013 $1,435 $106,800 $62,200 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2171501

Northwest Multiple Listing Service (NWMLS)

APN: 568000-0140