Large Location Icon

505 E Tripp Ave; Peoria, IL Property Details

505 E Tripp Ave, Peoria, IL is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 505 E Tripp Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,070 square feet. The lot size of 505 E Tripp Ave is 7,804 square feet.

Off market  •   Bankruptcy ✓
505 E Tripp Ave Peoria, IL 61603
$122,500 Listing Price
4 Beds
1.5 Baths
1,070 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1959
  • Purchase Price: $122,500
  • Open Loans / Balance: 1 / $108,772
  • Est. Equity / %: $42,228 / 27.97%
  • Gross Yield: 11.15%
  • APN: 14-28-429-017
  • Situs County: Peoria
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Building Condition: Good
  • Building Quality: C

Measurements

  • Total: 1,070/SqFt
  • Lot: 7,804/SqFt
  • Gross: 2,140/SqFt
  • Garage: 400/SqFt
  • Living: 1,070/SqFt
  • Basement: 1,070/SqFt
  • Building: 2,140/SqFt
  • Ground: 1,070/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $114.49

Legal Description

  • Description: SLOUGH ADD SE 1/4 SEC 28-9-8E LOT 8 (95-17167)
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.72867 / -89.58682
  • Subdivision: Slough Add
  • Property Class: Residential
  • County Use Code: RO

Amenities

  • Plus Four: 1219
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

505 E Tripp Ave has no associated ownership info
505 E Tripp Ave has no associated ownership info.

Taxes

505 E Tripp Ave has 10 associated Taxes items

505 E Tripp Ave, Peoria, IL pays taxes in Peoria County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $38,120. The APN we've located for 505 E Tripp Ave is 14-28-429-017.

Unlock the full report
Taxes
  • Assessed Value:  $38,120
  • Assessed Year:  2024
  • Assessed County:  Peoria
  • APN:  14-28-429-017
  • Assessed Land Value:  3730
  • Market Land Value:  11190
  • Tax Amount:  2905.32
  • Tax Year:  2024
  • Market Value:  114360
  • Market Year:  2024

Tax History

505 E Tripp Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,140.8 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $38,120 Land Value $3,730 Improvement Value $34,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $30,510 Land Value $3,420 Improvement Value $27,090 Tax Amount $2,306.06 Change Rate +0.066791% Assessed CR Tax Rate +0.075584%
Year 2022 Assessed Value $28,410 Land Value $3,370 Improvement Value $25,040 Tax Amount $2,161.68 Change Rate +0.032469% Assessed CR Tax Rate +0.076089%
Year 2021 Assessed Value $27,060 Land Value $3,210 Improvement Value $23,850 Tax Amount $2,093.7 Change Rate +0.00504% Assessed CR Tax Rate +0.077373%
Year 2020 Assessed Value $26,790 Land Value $3,180 Improvement Value $23,610 Tax Amount $2,083.2 Change Rate -0.019643% Assessed CR Tax Rate +0.07776%
Year 2019 Assessed Value $27,330 Land Value $3,240 Improvement Value $24,090 Tax Amount $2,124.94 Change Rate +0.010586% Assessed CR Tax Rate +0.077751%
Year 2018 Assessed Value $27,590 Land Value $3,270 Improvement Value $24,320 Tax Amount $2,102.68 Change Rate +0.004788% Assessed CR Tax Rate +0.076212%
Year 2017 Assessed Value $27,870 Land Value $3,300 Improvement Value $24,570 Tax Amount $2,092.66 Change Rate +0.026317% Assessed CR Tax Rate +0.075086%
Year 2016 Assessed Value $27,870 Land Value $3,300 Improvement Value $24,570 Tax Amount $2,039 Change Rate +0.076819% Assessed CR Tax Rate +0.073161%
Year 2015 Assessed Value $27,330 Land Value $3,240 Improvement Value $24,090 Tax Amount $1,893.54 Change Rate -0.003903% Assessed CR Tax Rate +0.069284%
Year 2014 Assessed Value $26,570 Land Value $3,070 Improvement Value $23,500 Tax Amount $1,900.96 Change Rate Assessed CR Tax Rate +0.071545%
Year 2013 Assessed Value $26,900 Land Value $3,110 Improvement Value $23,790 Tax Amount Change Rate Assessed CR Tax Rate