tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
Unknown

55550 McKern Ln, Mount Vernon, OR 97865

55550 McKern Ln

Mount Vernon, OR 97865

  • 8 days on market
Charming half-acre lot located on the outskirts of Mount Vernon. This 1972 Ranch-style home offers 1,752 sq ft of living space, featuring three bedrooms, an office that can serve as a fourth bedroom, and two bathrooms. The primary suite boasts double closets and a tiled shower. Enjoy a spacious living room with two French doors that lead to your solarium. Kitchen appliances are included with the sale. The home is equipped with a heat pump and an oil monitor stove. Additionally, there is a detached two-car carport with a cement slab and a 2,016 sq ft shop featuring a concrete floor and 220 power. After closing, the sellers will set aside funds in escrow for a brand new ATT septic system.

Details

Property type

Single Family Residence

Est. home value

$358,942

Lot size

0.5 acres

Price per sq ft

Unknown

Year built

1972

Annual property taxes

$2,460.5

HOA

No

Price History

01/13/2025
PortlandOR

PortlandOR #24664453

Listed
$325,000
+3.17%
12/05/2024
PortlandOR

PortlandOR #23618096

Removed
$315,000
09/10/2024
PortlandOR

PortlandOR #23618096

Listed
$315,000

Schools & Community

Elementary school: 

Humbolt

Middle school: 

Grant Union

High school: 

Grant Union

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

$66,318
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$232,682
Cash to seller
$66,318

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

April 2021

Original loan amount

$254,308

Est. remaining balance

$232,682

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Leanna Perkins and Marcus Perkins

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: 01/21/2025 at 8:30 PM

Listing updated: 01/21/2025 at 1:52 AM

Listed by: Lindsey Madden, Madden Realty Phone #: (541) 575-0990

MLS: PortlandOR #24664453

PortlandOR logo

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