231 Raef Rd Lebanon, MO 65536
Estimated payment $1,360/month
Highlights
- 7.61 Acre Lot
- Cottage
- Central Air
- No HOA
- 1-Story Property
About This Home
UPDATE- SELLERS WILLING TO GIVE $3,000 PAINT CREDIT TO BUYERS WHO BRING A OTHERWISE AGREEABLE OFFER- Discover the perfect blend of charm and updates with this unique property in Lebanon, Missouri! Sitting on 7 acres JUST inside city limits, this home offers space, privacy, and convenience rarely found together. High Speed internet (1 Gig IS available) means never having to wait on a lag- just a few of the improvement projects on the property have been the French drain (2022) and 20x40 raised garden bed as well as the 4 wheeler trails to the back of the parcel, making this a DREAM parcel for your little slice of country heaven in town. Major improvements bring peace of mind, including a new roof in 2024, new furnace and HVAC in 2022 plus brand-new front and back doors (2025); Inside, the bathroom has been refreshed with new sub-flooring and a vanity in 2025. The home retains character with a classic (though now “ornamental”) chimney that’s a perfect spot for that electric or gas insert, while modern amenities like city sewer and that high speed internet keep you literally AND figuratively “connected”. Whether you envision a hobby farm, room for recreation, a whole future subdivision of rentals or simply a little extra elbow room and space for parking EVERYTHING you own, this acreage offers endless potential—all within minutes of ALL the conveniences that Lebanon has to offer AND just a quick shot up north 5 to the Lake of the Ozarks- certainly within driving range of Ft Woods finest. Don’t miss this opportunity to own a home that combines updates, character, and freedom with no subdivision restrictions in the coziest Midwest town in the Ozarks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $739
Year Built
- Built in 1957
Lot Details
- 7.61 Acre Lot
Home Design
- Cottage
- Vinyl Siding
Interior Spaces
- 1,671 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Lebanon Riii Elementary School
- Lebanon Jr. High Middle School
- Lebanon Sr. High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 220 Volts
- Well
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 13-1.0-02-022-015-003.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $739 | $13,820 | $0 | $0 |
| 2024 | $739 | $12,960 | $0 | $0 |
| 2023 | $761 | $12,960 | $0 | $0 |
| 2022 | $709 | $12,960 | $0 | $0 |
| 2021 | $781 | $12,958 | $3,078 | $9,880 |
| 2020 | $785 | $12,958 | $3,078 | $9,880 |
| 2019 | $752 | $12,960 | $3,080 | $9,880 |
| 2018 | $706 | $12,960 | $3,080 | $9,880 |
| 2017 | $630 | $12,960 | $0 | $0 |
| 2016 | $630 | $12,960 | $0 | $0 |
| 2015 | $630 | $12,960 | $0 | $0 |
| 2014 | $630 | $12,200 | $0 | $0 |
| 2013 | -- | $12,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $247,500 | -1.0% | $148 / Sq Ft | |
| 10/20/2025 10/20/25 | Price Changed | $249,900 | -2.0% | $150 / Sq Ft | |
| 10/03/2025 10/03/25 | For Sale | $255,000 | +18.6% | $153 / Sq Ft | |
| 05/20/2022 05/20/22 | Sold | -- | -- | -- | View Prior Sale |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- | |
| 07/20/2021 07/20/21 | For Sale | $215,000 | -- | $129 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,587 | New Conventional |
Source: MARIS MLS
MLS Number: MIS25066909
APN: 13-1.0-02-022-015-003.000
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