Sold Jan 31, 2020
$23,500
Buyer
Seller
$18,800
by Eureka Savings Bank
Mortgage
706 Michigan Avenue has been categorized by the local assessors in Mendota, IL as a residential type of property.
The building on the property was first built in 1913 and is 111 years old.
In addition, 706 Michigan Avenue has 1,548 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 2,614 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 706 Michigan Avenue was last sold in Jan 31, 2020 for $23,500. According to our calculations, that's $15.18 per sqft. Current property owners are expected to pay $1,117 in taxes per year. The property on 706 Michigan Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,672. To break that down further, the land itself was valued at $2,166. While improvements to the property were assessed at a total of $22,506. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 706 Michigan Avenue was last sold in Jan 31, 2020 for $23,500. According to our calculations, that's $15.18 per sqft. Current property owners are expected to pay $1,117 in taxes per year. The property on 706 Michigan Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,672. To break that down further, the land itself was valued at $2,166. While improvements to the property were assessed at a total of $22,506. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
706 Michigan Avenue, Mendota, IL 61342
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