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505 W Florence Ave; Peoria, IL Property Details

505 W Florence Ave, Peoria, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 505 W Florence Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,323 square feet. The lot size of 505 W Florence Ave is 6,970 square feet.

Off market
505 W Florence Ave Peoria, IL 61604
$138,400 Listing Price
2 Beds
2 Baths
1,323 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $138,400
  • Open Loans / Balance: 2 / $125,354
  • Est. Equity / %: $57,646 / 31.5%
  • Gross Yield: 14.643%
  • APN: 14-28-301-024
  • Situs County: Peoria
  • Length Of Ownership: 5 years, 4 months

Rooms

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

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 1,323/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,646/SqFt
  • Garage: 400/SqFt
  • Living: 1,323/SqFt
  • Basement: 1,323/SqFt
  • Building: 2,646/SqFt
  • Ground: 1,323/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $104.61

Legal Description

  • Description: FLORENCE ADD SW 1/4 SEC 28-9-8E LOT 15
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.73075 / -89.59991
  • 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: 2

Ownership Info

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

Taxes

505 W Florence Ave has 10 associated Taxes items

505 W Florence 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 $53,070. The APN we've located for 505 W Florence Ave is 14-28-301-024.

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Taxes
  • Assessed Value:  $53,070
  • Assessed Year:  2024
  • Assessed County:  Peoria
  • APN:  14-28-301-024
  • Assessed Land Value:  8510
  • Market Land Value:  25530
  • Tax Amount:  4579.6
  • Tax Year:  2025
  • Market Value:  159210
  • Market Year:  2024

Tax History

505 W Florence 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 $4,579.6 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $53,070 Land Value $8,510 Improvement Value $44,560 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $48,690 Land Value $7,810 Improvement Value $40,880 Tax Amount $4,016.56 Change Rate +0.052028% Assessed CR Tax Rate +0.082493%
Year 2022 Assessed Value $45,580 Land Value $7,190 Improvement Value $38,390 Tax Amount $3,817.92 Change Rate +0.02656% Assessed CR Tax Rate +0.083763%
Year 2021 Assessed Value $43,410 Land Value $6,850 Improvement Value $36,560 Tax Amount $3,719.14 Change Rate +0.092624% Assessed CR Tax Rate +0.085675%
Year 2020 Assessed Value $39,970 Land Value $6,780 Improvement Value $33,190 Tax Amount $3,403.86 Change Rate -0.017889% Assessed CR Tax Rate +0.08516%
Year 2019 Assessed Value $40,790 Land Value $6,920 Improvement Value $33,870 Tax Amount $3,465.86 Change Rate +0.021149% Assessed CR Tax Rate +0.084968%
Year 2018 Assessed Value $40,850 Land Value $6,990 Improvement Value $33,860 Tax Amount $3,394.08 Change Rate +0.005987% Assessed CR Tax Rate +0.083086%
Year 2017 Assessed Value $41,260 Land Value $7,060 Improvement Value $34,200 Tax Amount $3,373.88 Change Rate +0.024505% Assessed CR Tax Rate +0.081771%
Year 2016 Assessed Value $41,260 Land Value $7,060 Improvement Value $34,200 Tax Amount $3,293.18 Change Rate +0.052195% Assessed CR Tax Rate +0.079815%
Year 2015 Assessed Value $40,450 Land Value $6,920 Improvement Value $33,530 Tax Amount $3,129.82 Change Rate -0.002295% Assessed CR Tax Rate +0.077375%
Year 2014 Assessed Value $40,000 Land Value $6,570 Improvement Value $33,430 Tax Amount $3,137.02 Change Rate Assessed CR Tax Rate +0.078426%
Year 2013 Assessed Value $40,490 Land Value $6,650 Improvement Value $33,840 Tax Amount Change Rate Assessed CR Tax Rate