4 months on rocket

7351 N Dort Hwy, Mount Morris, MI, 48458

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
Multi

Location

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7351 N Dort Hwy, Mount Morris$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt, Driveway
Year Built1959
HeatingForced Air
CoolingNone
MLS #24032268
Lot Size0.58 Acres
StatusActive

About 7351 N Dort Hwy

Fully occupied 10-unit apartment building. Please see docs for financials. Low expenses, slightly below market rents on the majority of units with room to increase. Minor improvements could increase NOI over time. Public sewer with a private well. Tenants pay separately metered electricity.

Property Details

Property Features

Property Information:

  • Year Built: 1959

Listing Office:

  • Office Name: Jones Chance & Co
  • Office Phone: (734) 785-1505
  • Listing Agent: Brian Jones-Chance

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.58 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: E Mount Morris Rd. E to Dort Hwy. S to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000

Tax Information:

  • Annual Amount: $1,949
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mount Morris, MI.

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Mount Morris, MI

City

Med. Sold Price

$129.4K

Med. Price/SqFt

$105

Avg. Days On Market

53

# of Sold Homes

10

7351 N Dort Hwy vs Mount Morris

133 DAYS ON ROCKET

+80 Days

$625,000

+$495.5K More

KEY TAKEAWAY

This property is $495.5K more than the Median Sold Price in Mount Morris, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24032268

Listing Office:

  • Office Name: Jones Chance & Co
  • Office Phone: (734) 785-1505
  • Listing Agent: Brian Jones-Chance

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,949$43,700
2019$1,948$37,000
2017$3,239$67,500

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1990562
3
/10

  • Moore Elementary School

  • 1201 Wisner St

  • 1.12 miles

  • Public District Grades 2-5

school-card-donut-1990563
2
/10

  • Montague Elementary School

  • 344 W Mount Morris St

  • 1.34 miles

  • Public District Grades 2-5

school-card-donut-1990564
3
/10

  • Dailey Elementary School

  • 6236 Neff Rd

  • 2.21 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,658. Residents of Mount Morris, MI typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Genesee County›Mount Morris›48458›7351 N Dort Hwy

This home is located at 7351 N Dort Hwy in Mount Morris, MI and zip code 48458. This home, which was built in 1959, sits on a 0.58 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $625,000.

Over 2 listings were sold over their listed price in October 2024 in Mount Morris, MI. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Mount Morris, MI between September 2024 and October 2024 decreased by 1.5%. While the average time on the market in October 2024 was 53 days, the median list price was $129,450.

From Rocket Homes Real Estate and based on county public records data.

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