FOR SALE BY OWNER — $470,000
340 S. Birch Street, McCleary, WA 98557
4 Bedrooms | 2 Bathrooms | 2,888 Sq. Ft. | 0.28 Acre
ASSUMABLE VA MORTGAGE AT 5.625% — APPROXIMATELY $380,211 REMAINING
Property Value and Financing
Asking Price: $470,000
Estimated Market Value: $520,000–$550,000
Estimated Equity Above Existing Loan Balance: $140,000–$170,000
Estimated Savings Below Market Value: $50,000–$80,000
Existing VA Mortgage Balance: Approximately $380,211
Mortgage Interest Rate: 5.625%
Monthly Mortgage Payment: Approximately $2,931, including principal, interest, taxes, and insurance
Difference Between Asking Price and Loan Balance: Approximately $89,789, to be covered by the buyer through cash or other financing
Loan Assumption: Available to qualified buyers, subject to approval
Market value and equity figures are estimates, not a current appraisal. Actual buyer equity will depend on the property's appraised value and the buyer's total financing.
Property Description
Single-family residence built in 1953, featuring an updated main level, finished basement, multiple heating sources, and a private lot with mature landscaping, established fruit trees, and grapevines.
Interior Features
4 bedrooms plus additional bonus room/office
2 bathrooms
Bamboo flooring throughout the main level
Refinished old-growth maple hardwood flooring in the dining room
Tile flooring in kitchen and bathroom
Kitchen with granite countertops, center island, and stainless steel appliances
Wood stove in living room
Fireplace in primary bedroom
Additional fireplace in finished basement
Finished basement providing additional living space
Recently painted main level
Updated recessed lighting
Smart washer and dryer included
Heating, Cooling, and Major Improvements
Mitsubishi ductless heating and cooling system installed approximately one year ago (2025) — three indoor heads installed, with capacity for five
Electrical panel replaced approximately one year ago (2025)
Natural gas forced-air furnace
Updated windows throughout
HardiePlank siding
Roof and gutters in good condition
Exterior Features and Landscaping
Approximately 0.28-acre private lot
Mature, established landscaping
Fully fenced backyard
Established garden area
10 apple trees
Approximately 50-year-old grapevines in the front and backyard, with two different grape varieties
Established fig tree
Cabana with mature grapevines
Fish pond with waterfall feature
Rear deck and covered patio
Large brick patio
Detached tool shed
Attached one-car garage
Gated backyard vehicle access
Dedicated RV parking pad
Additional off-street parking
Property Condition
The main level has received substantial updates and recent interior painting. The finished basement is functional but would benefit from replacement carpeting and some cosmetic updating.
The natural gas furnace may need servicing. The fish pond and waterfall feature require some maintenance.
Additional Items Included
The sale includes a smart washer and dryer, lawnmowers, weed eaters, pressure washer, and additional home and yard maintenance equipment.
Sale Information
Asking Price: $470,000
For Sale By Owner — No Listing Agent
Available Immediately
I am a veteran selling my personal residence directly. My objective is to simplify my financial obligations and move on from the property rather than pursue the highest possible market price.
The property is being offered below its estimated market value, providing a potential opportunity for a qualified buyer to acquire a home with substantial equity relative to the existing mortgage balance.
Preference is to work directly with a qualified veteran or military family interested in assuming the existing VA mortgage.
Contact owner directly for additional information or to schedule a showing.
Posted in:
For Sale - by owner.
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