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508 E Ravine Ave; Peoria, IL Property Details

508 E Ravine Ave, Peoria, IL is a Single Family that was built in 2021. This property is currently Financed and is not for sale. Our records show that 508 E Ravine Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,488 square feet. The lot size of 508 E Ravine Ave is 4,007 square feet.

Off market
508 E Ravine Ave Peoria, IL 61603
$12,210 Estimated Value
2 Beds
2 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2021
  • Purchase Price: $817
  • Est. Equity / %: $44,000 / 100%
  • Gross Yield: 14.864%
  • APN: 18-04-230-036
  • Situs County: Peoria
  • Length Of Ownership: 6 years, 4 months

Rooms

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

Structure

  • Stories: 1
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 1,488/SqFt
  • Lot: 4,007/SqFt
  • Gross: 1,488/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Ground: 840/SqFt
  • Price Per Square Foot: $0.55

Legal Description

  • Description: MC CLURES ADD NE 1/4 SEC 4-8N-8E BEG NW COR LOT 1 BLK A: TH E 80 S 50 W 80 N 50 TO POB PT LOT 1 BLK A
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Peoria School District 150
  • Lat / Lon: 40.708332 / -89.58802
  • Subdivision: Mc Clures Add
  • Property Class: Residential
  • County Use Code: RA

Amenities

  • Plus Four: 3246
  • Bathroom Fixtures: 8
  • Cooling: Yes

Ownership Info

508 E Ravine Ave has no associated ownership info
508 E Ravine Ave has no associated ownership info.

Taxes

508 E Ravine Ave has 10 associated Taxes items

508 E Ravine 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 $12,210. The APN we've located for 508 E Ravine Ave is 18-04-230-036.

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Taxes
  • Assessed Value:  $12,210
  • Assessed Year:  2024
  • Assessed County:  Peoria
  • APN:  18-04-230-036
  • Assessed Land Value:  2540
  • Market Land Value:  7620
  • Tax Amount:  1175.59
  • Tax Year:  2025
  • Market Value:  36630
  • Market Year:  2024

Tax History

508 E Ravine Ave has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,175.59 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $12,210 Land Value $2,540 Improvement Value $9,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $11,200 Land Value $2,330 Improvement Value $8,870 Tax Amount $1,053.78 Change Rate +0.030612% Assessed CR Tax Rate +0.094088%
Year 2022 Assessed Value $10,600 Land Value $2,300 Improvement Value $8,300 Tax Amount $1,022.48 Change Rate +1.073575% Assessed CR Tax Rate +0.09646%
Year 2021 Assessed Value $4,960 Land Value $2,190 Improvement Value $2,770 Tax Amount $493.1 Change Rate +1.536523% Assessed CR Tax Rate +0.099415%
Year 2020 Assessed Value $1,940 Land Value $1,940 Improvement Value Tax Amount $194.4 Change Rate Assessed CR Tax Rate +0.100206%