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Single Family ResidenceResidential
$289,000$330 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $275,000 on Aug 4, 2026

507 TERRACE LN

WASHBURN, IL 61570
0
Baths
876 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.39 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.

Valuation

$289K
$274K low$304K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$275,000 · Aug 4, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,701 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$69,950 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,153
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$61,797
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$64,804
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$209,850

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
30
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
22
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.58 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWOODFORD
Lot (acres)The size of the land the home sits on, from county records.0.39
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Lowpoint Washburn Jr. / Sr. High SchoolD+
Middle · Grades 7–12 · 0.7 mi
E
Lowpoint Washburn Elementary SchoolB
Elementary · Grades KG–6 · 0.8 mi

District: Lowpoint-Washburn Community Unit School District 21

Neighborhood · ZIP 61570These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.157
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.1,719
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.28 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,034
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,878
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

507 Terrace Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 94% of homes in Washburn 61570
  • Costs more per square foot than 98% of homes in Washburn 61570
  • Smaller than 93% of homes in Woodford County
  • Newer than 84% of homes in Washburn 61570

What homes are worth in Washburn 61570

Each bar is how many homes fall in that price range. The marker is this home.

This home
$50K$410K

This home is worth more than 94% of homes in Washburn 61570.

How it measures up in Washburn 61570

The dot is this home. The mark in the middle is the typical home in Washburn 61570.

Estimated value$289,000
CheaperTypical $131,194Pricier

Pricier than 94% of homes nearby

Price per ft²$330
CheaperTypical $95Pricier

Pricier than 98% of homes nearby

Living area876 ft²
SmallerTypical 1,297 ft²Bigger

Bigger than 14% of homes nearby

Lot size0.39 ac
SmallerTypical 0.39 acBigger

Bigger than 49% of homes nearby

Year built1978
OlderTypical 1947Newer

Newer than 84% of homes nearby

How 507 Terrace Ln ranks against every home in each area.
MeasureThis homeWashburn 61570Woodford County
Estimated valuepricier than$289,00094% of homes65% of homes
Price per ft²pricier than$33098% of homes98% of homes
Living areabigger than876 ft²14% of homes7% of homes
Lot sizebigger than0.39 ac49% of homes47% of homes
Year builtnewer than197884% of homes63% of homes

About 507 Terrace Ln

How much is 507 Terrace Ln, Washburn, IL worth?

The TopHap Estimate for 507 Terrace Ln, Washburn, IL is $289,000 as of Jul 14, 2026. The likely range is $274,139 to $303,861. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 Terrace Ln, Washburn, IL last sell?

507 Terrace Ln, Washburn, IL last sold on Aug 4, 2026 for $275,000, according to the county's recorded deed.

How big is 507 Terrace Ln, Washburn, IL?

507 Terrace Ln, Washburn, IL has 876 square feet of living space and a 0.39-acre lot.

When was 507 Terrace Ln, Washburn, IL built?

507 Terrace Ln, Washburn, IL was built in 1978, making it 48 years old.

What schools serve 507 Terrace Ln, Washburn, IL?

507 Terrace Ln, Washburn, IL is assigned to Lowpoint Washburn Jr. / Sr. High School (middle), rated D+; Lowpoint Washburn Elementary School (elementary), rated B. All sit in Lowpoint-Washburn Community Unit School District 21. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 507 Terrace Ln, Washburn, IL compare to other homes in Washburn 61570?

Among the 745 homes in Washburn 61570, it is worth more than 94% of them ($289,000 against a typical $131,194), its price per square foot is higher than 98% of them ($330 against a typical $95), it is bigger than 14% of them (876 ft² against a typical 1,297 ft²), its lot is bigger than 49% of them (0.39 ac against a typical 0.39 ac) and it is newer than 84% of them (1978 against a typical 1947). Measured against all of Woodford County, it is worth more than 65% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 507 Terrace Ln, Washburn, IL?

The 2025 property tax bill for 507 Terrace Ln, Washburn, IL was $5,701. The county assessed it at $69,950.

More homes on Terrace Ln

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