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501 W Florence Ave; Peoria, IL Property Details

501 W Florence Ave, Peoria, IL is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 501 W Florence Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,383 square feet. The lot size of 501 W Florence Ave is 6,970 square feet.

Off market
501 W Florence Ave Peoria, IL 61604
$56,550 Estimated Value
3 Beds
2 Baths
1,383 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $171,000
  • Open Loans / Balance: 1 / $134,298
  • Est. Equity / %: $48,702 / 26.61%
  • Gross Yield: 14.315%
  • APN: 14-28-301-025
  • Situs County: Peoria
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Attic: true

Measurements

  • Total: 1,383/SqFt
  • Lot: 6,970/SqFt
  • Attic: 1,383/SqFt
  • Gross: 2,964/SqFt
  • Garage: 280/SqFt
  • Living: 1,383/SqFt
  • Basement: 988/SqFt
  • Building: 2,964/SqFt
  • Ground: 988/SqFt
  • Attic Finished: 395/SqFt
  • Garage Unfinished: 280/SqFt
  • Price Per Square Foot: $123.64

Legal Description

  • Description: FLORENCE ADD SW 1/4 SEC 28-9-8E LOT 16
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.73086 / -89.59964
  • Subdivision: Florence Add
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 1515
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

501 W Florence Ave has no associated ownership info
501 W Florence Ave has no associated ownership info.

Taxes

501 W Florence Ave has 10 associated Taxes items

501 W Florence Ave, Peoria, IL pays taxes in Peoria County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $56,550. The APN we've located for 501 W Florence Ave is 14-28-301-025.

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Taxes
  • Assessed Value:  $56,550
  • Assessed Year:  2025
  • Assessed County:  Peoria
  • APN:  14-28-301-025
  • Assessed Land Value:  9270
  • Market Land Value:  27810
  • Tax Amount:  4464.78
  • Tax Year:  2025
  • Market Value:  169650
  • Market Year:  2025

Tax History

501 W Florence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,550 Land Value $9,270 Improvement Value $47,280 Tax Amount $4,464.78 Change Rate Assessed CR Tax Rate +0.078953%
Year 2024 Assessed Value $51,880 Land Value $8,500 Improvement Value $43,380 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $41,810 Land Value $7,810 Improvement Value $34,000 Tax Amount $2,433.08 Change Rate -0.024614% Assessed CR Tax Rate +0.058194%
Year 2022 Assessed Value $36,860 Land Value $7,190 Improvement Value $29,670 Tax Amount $2,494.48 Change Rate +0.040711% Assessed CR Tax Rate +0.067674%
Year 2021 Assessed Value $35,110 Land Value $6,850 Improvement Value $28,260 Tax Amount $2,396.9 Change Rate +0.006762% Assessed CR Tax Rate +0.068268%
Year 2020 Assessed Value $34,760 Land Value $6,780 Improvement Value $27,980 Tax Amount $2,380.8 Change Rate -0.023366% Assessed CR Tax Rate +0.068493%
Year 2019 Assessed Value $35,470 Land Value $6,920 Improvement Value $28,550 Tax Amount $2,437.76 Change Rate -0.152367% Assessed CR Tax Rate +0.068727%
Year 2018 Assessed Value $35,530 Land Value $6,990 Improvement Value $28,540 Tax Amount $2,875.96 Change Rate +0.005559% Assessed CR Tax Rate +0.080945%
Year 2017 Assessed Value $35,890 Land Value $7,060 Improvement Value $28,830 Tax Amount $2,860.06 Change Rate +0.025332% Assessed CR Tax Rate +0.07969%
Year 2016 Assessed Value $35,890 Land Value $7,060 Improvement Value $28,830 Tax Amount $2,789.4 Change Rate +0.014121% Assessed CR Tax Rate +0.077721%
Year 2015 Assessed Value $35,180 Land Value $6,920 Improvement Value $28,260 Tax Amount $2,750.56 Change Rate -0.002604% Assessed CR Tax Rate +0.078185%
Year 2014 Assessed Value $35,880 Land Value $6,570 Improvement Value $29,310 Tax Amount $2,757.74 Change Rate Assessed CR Tax Rate +0.07686%
Year 2013 Assessed Value $36,320 Land Value $6,650 Improvement Value $29,670 Tax Amount Change Rate Assessed CR Tax Rate