274 Michigan Avenue

274 Michigan Avenue has been categorized by the local assessors in Lebanon, MO as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 274 Michigan Avenue has 845 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 7,200 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of unknown. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 274 Michigan Avenue sold most recently in Apr 11, 2017 for a total of $22,500. If you work out the math, that's approximately a cost of $22.98 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $280 in taxes each year. The initial year of tax delinquency occurred in 2015. 274 Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,770. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.