Off Market

505 Velma St

Washington, IL, 61571 • 61571 • Tazewell County

$135,700

$71/sqft

4Beds

1Baths

1,903Sqft

1942Built

Property DNA

1 highlights

Character Home

Built 1942 · 84 years of history

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

$71/sqft

Price per square foot

About this home

Single Family · Built 1942

This 1903 square foot single family home has 4 bedrooms and 1.0 bathrooms. This home is located at 505 Velma St, Washington, IL 61571.

Estimated monthly payment

Based on current rates

$894/month

Principal & Interest$713

Property Tax$136

Insurance$45

Down payment20% ($27,140)

3%50%

Est. 6.88% rate · 30yr fixed · $108,560 loan

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At a glance

Key facts and listing details

TypeSingleFamily

Year Built1942

HeatingOther

ParkingGarage - Detached

Property

Home typeSingle Family

Year built1942

Systems

HeatingOther

Parking & Outdoor

ParkingGarage - Detached

BasementPartially finished

Location & Tax

Neighborhood61571

Annual tax$3,142

Parcel020220408004

Features & details

2 categories of property features

Interior Features

Heating

Other

Exterior Features

Parking

Garage - Detached

Listing insights

Market data and value estimates

StatusOff Market

Est. value$135,700

Est. rent$1,548/mo

Tax rate2.11%

Price/sqft$71

Tour days6

How are the schools in Washington?

3 schools rated nearby

Beverly Manor Elementary School

Elementary • Public • 4-8

0.4 mi

Washington Community High School

High • Public • 9-12

2.7 mi

J L Hensey Elementary School

Primary • Public • PK-3

1.1 mi

Location

Washington, IL, 61571

Expand map

Tax history

15 years of records

YearTax paidAssessed value

Apr 8, 2024$3,142$34,920

Apr 8, 2023$2,957$32,400

Apr 8, 2022$2,862$30,270

Apr 8, 2021$2,201$29,530

Apr 8, 2020$2,185$29,530

Apr 8, 2019$2,141$29,530

Apr 8, 2018$2,100$29,530

Apr 8, 2017$2,100$28,710

Apr 8, 2016$2,047$28,710

Apr 8, 2015$1,946—

Apr 8, 2013$1,880$13,750

Apr 8, 2012—$13,750

Apr 8, 2011—$13,750

Apr 8, 2010—$13,750

Apr 8, 2009$1,682$28,710

Nearby homes

Recently Sold

$195,000

3 bd2 ba1,724 sqft

503 Velma St, Washington, IL

Off Market

$147,600

2 bd1 ba1,808 sqft

507 Velma St, Washington, IL

Off Market

$183,800

3 bd1.5 ba1,728 sqft

500 Hope St, Washington, IL

Off Market

$139,200

4 bd2 ba1,248 sqft

502 Velma St #A-B, Washington, IL

Recently Sold

$160,000

3 bd1 ba1,352 sqft

404 Hope St, Washington, IL

Recently Sold

$68,000

2 bd1 ba768 sqft

502 Hope St, Washington, IL

Off Market

$121,400

3 bd1 ba2,080 sqft

402 Charlotte St, Washington, IL

Off Market

$193,800

1 ba1,440 sqft

500 Velma St #A-B, Washington, IL

Neighborhood details

Local context around this listing

Washington, IL • Tazewell County

Nearby cities

Creve CoeurEast PeoriaGlasfordGreen ValleyMackinawManitoMortonPekin

Nearby zip codes

61571

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Value estimates

Live

Est. value$135,700

Est. rent$1,548/mo

30yr rate est.6.88%

Affordability$979/mo

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