Recently updated throughout, this 3-bedroom, 2-bathroom home features fresh neutral colors, new flooring and carpeting, updated cabinetry and countertops, stylish bathroom vanities, modern lighting fixtures, ceiling fans, and more. The spacious basement offers a large family room and convenient walk-out access to the backyard. The primary bedroom includes sliding glass doors leading to a private deck—perfect for relaxing outdoors. Enjoy an oversized attached garage plus an additional rear-entry garage, ideal for extra storage or a workshop. The fenced-in yard provides a private outdoor space, and the convenient location is close to shopping, schools, and other local amenities.
Sold for $195,000
$195,000
503 Velma St, Washington, IL 61571
3beds
1,724sqft
Single Family Residence, Residential
Built in 1971
0.34 Acres Lot
$202,300 Zestimate®
$113/sqft
$1,858 Estimated rent
Home value
$202,300
$166,000 - $249,000
$1,858/mo
Zestimate® history
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List your homeWhat's special
Fenced-in yardPrivate deckSpacious basementLarge family roomFresh neutral colorsCeiling fansNew flooring and carpeting
Zillow last checked:
Listing updated:
Listed by:
Tim Davies Mobile:309-738-9575,
Jim Maloof Realty, Inc.
Bought with:
Kerry Brock, 475207606
RE/MAX Traders Unlimited
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1261864
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Main
- Dimensions: 14ft 5in x 11ft 5in
Bedroom 2
- Level: Main
- Dimensions: 12ft 0in x 11ft 5in
Bedroom 3
- Level: Main
- Dimensions: 10ft 8in x 11ft 0in
Other
- Area: 500
Additional level
- Area: 0
Family room
- Dimensions: 12ft 0in x 22ft 5in
Kitchen
- Level: Main
- Dimensions: 14ft 2in x 11ft 5in
Living room
- Dimensions: 13ft 5in x 21ft 0in
Main level
- Area: 1224
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range Hood, Range, Refrigerator, Tankless Water Heater
Features
- Ceiling Fan(s)
- Basement: Partially Finished
Interior area
- Total structure area: 1,224
- Total interior livable area: 1,724 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Number Of Garage Remotes: 1
Features
- Stories: 1
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 150
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 020220408008
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Beverly Farms
Location
- Region: Washington
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $137,250
- Annual tax amount: $3,576
- Date on market: 10/24/2025
- Cumulative days on market: 5 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $195,000-2.3%$113/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1261864 Report a problem | ||
| 10/29/2025 | Contingent | $199,500$116/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261864 Report a problem | ||
| 10/28/2025 | Listed for sale | $199,500$116/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261864 Report a problem | ||
| 10/27/2025 | Pending sale | $199,500$116/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261864 Report a problem | ||
| 10/24/2025 | Listed for sale | $199,500+119.2%$116/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261864 Report a problem | ||
| 9/5/2025 | Sold | $91,000$53/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1260698 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,576 +7.5% | $45,750 +7.8% |
| 2023 | $3,327 +4.5% | $42,450 +7% |
| 2022 | $3,183 +4.1% | $39,660 +2.5% |
| 2021 | $3,058 +0.8% | $38,690 |
| 2020 | $3,035 +2.1% | $38,690 |
| 2019 | $2,974 +1.9% | $38,690 |
| 2018 | $2,918 | $38,690 +2.9% |
| 2017 | $2,918 +2.6% | $37,610 |
| 2016 | $2,843 +5% | $37,610 |
| 2015 | $2,709 +3.5% | -- |
| 2013 | $2,616 | $13,750 |
| 2012 | -- | $13,750 |
| 2011 | -- | $13,750 |
| 2010 | -- | $13,750 -63.4% |
| 2009 | $2,331 | $37,610 |
Find assessor info on the county website
Neighborhood: 61571
Nearby homes
- $198,2003 bd1 ba2.1k sqft404 Hope St, Washington, IL 61571Off Market
- $137,5004 bd1 ba1.9k sqft505 Velma St, Washington, IL 61571Off Market
- $156,0004 bd2 ba1.2k sqft502 Velma St #A-B, Washington, IL 61571Off Market
- $209,6003 bd1 ba1.7k sqft500 Hope St, Washington, IL 61571Off Market
- $200,200-- bd1 ba1.4k sqft500 Velma St #A-B, Washington, IL 61571Off Market
- $218,9004 bd2 ba1.4k sqft500 Velma St, Washington, IL 61571Off Market
- $164,7001 bd1 ba720 sqft500 Velma St APT B, Washington, IL 61571Off Market
- $216,200-- bd2 ba1.4k sqft500 Velma St APT A, Washington, IL 61571Off Market
Nearby schools
GreatSchools rating
- 4/10Beverly Manor Elementary SchoolGrades: 4-8Distance: 0.4 mi
- 7/10Washington Community High SchoolGrades: 9-12Distance: 2.7 mi
- 4/10J L Hensey Elementary SchoolGrades: PK-3Distance: 1.1 mi
Schools provided by the listing agent
- High: Washington
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Tazewell County
- Washington
- 61571
- 503 Velma St
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