tomo logo

$548,000

Beds
3
Baths
2.0
sq ft
1,605

517 N 1st St, Mount Vernon, WA 98273

517 N 1st St

Mount Vernon, WA 98273

  • 20 days on market
Great HUD duplex in Mt. Vernon. Both units have LVP flooring. Lower unit (1045) sq ft) has 2 bedrooms, full bath, living room, dining room, & large kitchen. All rooms flow well to make great living space. Large windows in living room supply amble natural light. Upper unit (560 sq ft) has 1 bedroom, full bath, & kitchen/living room. Duplex has shared & secure laundry room, with washer & dryer, off the covered porch. Great location with easy access to freeway, shopping, schools & entertainment. HUD-owned property being sold in As-Is condition. Book a Showing with Your Favorite Agent to Explore the Potential this Duplex has to offer. FHA case 566-353770. Must be Owner Occupant to bid for 1st 30 days on market, then open to investors.

Details

Property type

Single Family Residence

Est. home value

$464,195

Lot size

8,276 sq ft

Price per sq ft

$342

Year built

1900

Annual property taxes

$4,615

Price History

08/27/2024
NorthwestMLS

NorthwestMLS #2282558

Listed
$548,000
+19.78%
08/30/2021
NorthwestMLS

NorthwestMLS #1739351

Sold
$457,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mount Vernon

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$84,038
Asking price
$548,000
Closing costs (~8% of asking)
-$43,840
Est. remaining loan balance
-$420,122
Cash to seller
$84,038

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

August 2021

Original loan amount

$449,213

Est. remaining balance

$420,122

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Amber Marie Ormsby and Benjamin Michael Nygard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 1:00 PM

Listing updated: 09/03/2024 at 6:34 AM

Listed by: Craig Degerness, KW North Sound Phone #: (360) 653-1884

MLS: NorthwestMLS #2282558

NorthwestMLS logo

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