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

149 DAYS ON ROCKET

+96 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: 11/21/2024, 1:20:55 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-313411
3
/10

  • Moore Elementary School

  • 1201 Wisner St

  • 1.12 miles

  • Public District Grades 2-3

school-card-donut-313412
2
/10

  • Montague Elementary School

  • 344 W Mount Morris St

  • 1.33 miles

  • Public District Grades 4-5

school-card-donut-313413
3
/10

  • Dailey Elementary School

  • 6236 Neff Rd

  • 2.21 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,658. Typical income of Mount Morris, MI residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

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.

Mount Morris, MI housing market in October 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 4 sold below. The number of listings in Mount Morris, MI decreased by 1.5% between September 2024 and October 2024. In October 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $129,450.

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

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