123 Terrace Ln East Peoria, IL 61611
Estimated payment $1,846/month
Highlights
- Popular Property
- Family Room with Fireplace
- No HOA
- P.L. Bolin Elementary School Rated 9+
- Wooded Lot
- 2 Car Attached Garage
About This Home
Welcome to 123 Terrace Ln. This charming 3-Bedroom 1.5 bath home near prestigious Fondulac Drive sits in a peaceful, wooded setting where wildlife are frequent visitors—yet you’re still close to everything East Peoria has to offer. Inside, you’ll find inviting spaces designed for both everyday living & entertaining. The kitchen & dining room space flow into a cozy living room with one of two fireplaces, perfect for gathering around on crisp evenings. Curl up with a good book in one of the bay windows. The layout includes a family room with another fireplace & a walk-out basement level office space with custom built-ins, offering the ideal work-from-home space or creative retreat. The bedrooms are ready for you to decorate, & the primary bathroom features a sleek granite countertop, adding a touch of luxury to your morning routine. Energy-conscious buyers will love knowing this home earned an Ameren Green Award in 2014, reflecting efficiency upgrades & environmentally friendly features. Extra highlights include a 2-stall garage, massive lower level outdoor storage area big enough for your rider lawn mower & a rare location that feels like a nature retreat while still being less than 3 miles from shopping & dining. Whether you're sipping coffee in the kitchen while the sun rises over the treetops, or enjoying an evening around the fire as deer wander through the backyard, this home invites you to slow down & enjoy the moment. Call now for your showing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,536
Year Built
- Built in 1975
Lot Details
- Level Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- On-Street Parking
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,738 Sq Ft Home
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
- Basement
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- East Peoria Comm High School
Utilities
- Central Air
- Heat Pump System
- Water Softener is Owned
Community Details
- No Home Owners Association
- Fondulac Terrace Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 01-01-33-206-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,318 | $66,210 | $15,440 | $50,770 |
| 2023 | $5,318 | $60,940 | $14,210 | $46,730 |
| 2022 | $5,041 | $56,620 | $13,200 | $43,420 |
| 2021 | $4,810 | $54,440 | $12,690 | $41,750 |
| 2020 | $4,550 | $52,850 | $12,320 | $40,530 |
| 2019 | $4,521 | $52,850 | $12,320 | $40,530 |
| 2018 | $4,398 | $52,850 | $12,320 | $40,530 |
| 2017 | $4,357 | $52,330 | $12,200 | $40,130 |
| 2016 | $4,256 | $52,330 | $12,200 | $40,130 |
| 2015 | $4,171 | $0 | $0 | $0 |
| 2013 | $4,199 | $52,330 | $12,200 | $40,130 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | For Sale | $259,900 | -- | $150 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $164,000 | Credit Line Revolving | |
| Closed | $100,000 | New Conventional | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $16,797 | Unknown |
Source: RMLS Alliance
MLS Number: PA1260794
APN: 01-01-33-206-014
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