Move-in ready and nestled in a desirable cul-de-sac, this spacious 4-bedroom, 2.5-bath home offers the perfect blend of comfort, functionality and room to grow. A welcoming front porch sets the tone, inviting you into a well-designed floor plan. The main living area offers 1,932 square feet of living space, while the finished walkout basement adds an additional 906 square feet, bringing the total to an impressive 2,838 square feet. The lower level includes its own bedroom and full bath, making it perfect for guests, extended family, or a private retreat. Very nice kitchen that overlooks the beautiful back yard. An office is conveniently located off the dining room and kitchen - ideal for working from home or managing daily tasks. Outside you'll enjoy a large yard with plenty of space for recreation, gardening or entertaining. Relax on the patio or gather around a fire pit for memorable evenings with family and friends. Just a short walk to the local park through a walking trail from the subdivision. Commutable distance from Peoria, Bloomington-Normal and Lasalle-Peru. With generous living space, versatile rooms, and a fantastic location, this home is ready for its next owners to move right in and enjoy.
Active
Price cut: $10K (6/13)
$289,000
507 Terrace Ln, Washburn, IL 61570
4beds
1,932sqft
Single Family Residence
Built in 1978
0.38 Acres Lot
$285,900 Zestimate®
$150/sqft
$-- HOA
What's special
Desirable cul-de-sacWell-designed floor planVersatile roomsGenerous living spaceWelcoming front porch
- 27 days |
- 575 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Eric Johnston 815-866-7414,
Landmark Realty of Illinois LLC
Source: MRED as distributed by MLS GRID,MLS#: 12663088
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Office
Primary bedroom
- Features: Flooring (Carpet)
- Level: Second
- Area: 195 Square Feet
- Dimensions: 13X15
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 11X13
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 130 Square Feet
- Dimensions: 10X13
Bedroom 4
- Features: Flooring (Carpet)
- Level: Basement
- Area: 195 Square Feet
- Dimensions: 13X15
Dining room
- Features: Flooring (Vinyl)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Family room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 364 Square Feet
- Dimensions: 13X28
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11X16
Laundry
- Level: Basement
- Area: 112 Square Feet
- Dimensions: 7X16
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 280 Square Feet
- Dimensions: 14X20
Office
- Features: Flooring (Vinyl)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Double Oven, Microwave, Dishwasher, Refrigerator, Water Softener Owned, Electric Cooktop
Features
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 2,838
- Total interior livable area: 1,932 sqft
- Finished area below ground: 906
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 0.38 Acres
- Dimensions: 78X142X169X180
- Features: Cul-De-Sac
Details
- Additional structures: Shed(s)
- Parcel number: 0301305006
- Special conditions: None
- Other equipment: Water-Softener Owned, Ceiling Fan(s), Fan-Whole House
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
HOA
- Services included: None
Location
- Region: Washburn
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $64,804
- Annual tax amount: $5,701
- Date on market: 6/1/2026
- Ownership: Fee Simple
Estimated market value
$285,900
$272,000 - $300,000
$2,146/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Price change | $289,000-3.3%$150/sqft |
Source: MRED as distributed by MLS GRID #12663088 Report a problem | ||
| 6/1/2026 | Listed for sale | $299,000+130%$155/sqft |
Source: MRED as distributed by MLS GRID #12663088 Report a problem | ||
| 6/30/2020 | Sold | $130,000+0.1%$67/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1215109 Report a problem | ||
| 5/25/2020 | Pending sale | $129,900$67/sqft |
Source: Adam Merrick Real Estate #PA1215109 Report a problem | ||
| 5/22/2020 | Listed for sale | $129,900-4.5%$67/sqft |
Source: Adam Merrick Real Estate #PA1215109 Report a problem | ||
| 5/20/2010 | Sold | $136,000-2.8%$70/sqft |
Source:  MRED as distributed by MLS GRID #07455847 Report a problem | ||
| 3/20/2010 | Listed for sale | $139,900-9.7%$72/sqft |
Source: Prello Realty #07455847 Report a problem | ||
| 1/2/2010 | Listing removed | $154,900$80/sqft |
Source: Jodi Lemkemann #1111183 Report a problem | ||
| 11/27/2009 | Price change | $154,900-3.1%$80/sqft |
Source: Jodi Lemkemann #1111183 Report a problem | ||
| 10/8/2009 | Price change | $159,900-3%$83/sqft |
Source: Jodi Lemkemann #1111183 Report a problem | ||
| 9/5/2009 | Price change | $164,900-5.7%$85/sqft |
Source: Jodi Lemkemann #1111183 Report a problem | ||
| 8/30/2009 | Listed for sale | $174,900+22.1%$91/sqft |
Source: Jodi Lemkemann #1111183 Report a problem | ||
| 10/20/2006 | Sold | $143,250+10.2%$74/sqft |
Source: Agent Provided Report a problem | ||
| 2/11/2004 | Sold | $130,000$67/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,273 +7.6% | $64,804 +10% |
| 2023 | $4,899 +8.4% | $58,934 +9% |
| 2022 | $4,520 +5.7% | $54,072 +5.9% |
| 2021 | $4,276 +1.2% | $51,060 +2.6% |
| 2020 | $4,226 -2% | $49,790 -5% |
| 2019 | $4,313 -0.6% | $52,433 +4% |
| 2018 | $4,338 +16.2% | $50,422 +2% |
| 2017 | $3,733 | $49,434 +3.6% |
| 2016 | $3,733 | $47,730 +0.6% |
| 2015 | $3,733 | $47,422 -1% |
| 2014 | $3,733 | $47,901 +0.8% |
| 2013 | $3,733 | $47,525 +2.8% |
| 2012 | -- | $46,239 -0.4% |
| 2011 | -- | $46,448 +12.1% |
| 2010 | $3,733 | $41,450 -14.2% |
| 2009 | -- | $48,330 +25.6% |
| 2000 | $2,666 | $38,490 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 61570
Nearby schools
GreatSchools rating
- 6/10Lowpoint-Washburn Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Lowpoint-Washburn Jr Sr High SchoolGrades: 6-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Lowpoint-Washburn Elementary
- Middle: Lowpoint-Washburn Jr High
- High: Lowpoint-Washburn High School
- District: 21
Source: MRED 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Woodford County
- Washburn
- 61570
- 507 Terrace Ln
Nearby cities
Nearby zip codes
Other Washburn Topics
