516 Roosevelt Avenue

About this home

Solid opportunity in this classic Mount Morris ranch offering a functional layout and strong potential for both owner-occupants and investors. Situated on a uniquely shaped lot with generous depth and usable yard space, this property provides added flexibility compared to typical homes in the area. The interior features a practical floor plan with a comfortable living area, an efficient kitchen layout, and a full basement offering additional storage or finishing potential. Ideal for buyers looking to build equity or investors seeking a rental-ready asset in a consistently demanded area. Convenient location with easy access to local amenities, schools, and main roads. This property presents a great value with upside; schedule your showing today.

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 $99,900, or $99 per square foot, 5% above the city median, and has been on the market 201 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 $2,493 a year. A buyer who lives here would pay about $870 to $2,446 a year once the taxable value resets after the sale, at the 2025 homestead rate of 48.49 mills for Mount Morris City 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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