1022 Lorene Avenue

About this home

This 4 bedroom, 2 bath cape cod is warm and inviting with lots of daylight and loads of character! Nice size living room with coved ceilings! The kitchen with breakfast nook and a formal dining area offers plenty of cabinets and counter space! Plenty of room for family meals and entertaining! There are 2 bedrooms on the main floor and 2 bedrooms located on the second floor. The partially finished basement (needs flooring) offers many possibilities! There is also 1.5 car attached garage! The yard even offers a shed for additional storage!

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Mt. Morris

Over the last 90 days, 38 homes sold in Mt. Morris for a median of $148,000, about $94 per square foot, and the typical one went under contract in 12 days. This home is listed at $89,900, or $47 per square foot, 50% below the city median, and has been on the market 32 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Mt. Morris sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,166 a year. A buyer who lives here would pay about $2,719 a year once the taxable value resets after the sale, at the 2025 homestead rate of 43.63 mills for Mount Morris Twp and Mt Morris schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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