NOT LISTED FOR SALE

1 Champlain Ct Galena, IL 61036

Estimated Value: $477,000 - $700,000

4 Beds
3.5 Baths
2,754 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $553,125 $201 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,266/month

91 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Galena Primary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of December 2023

Marketed as the “Walnut Grove House,” this turnkey rental property is well-established and ready for your rental business. This impressive contemporary home on a wooded lot at 1 Champlain Court offers four bedrooms and three and a half bathrooms. The main level offers a true escape from traditional homes featuring a pinewood-clad vaulted ceiling, exposed pine trusses, a floor-to-ceiling river stone fireplace (gas-log), pine wainscotting, six-panel solid pine doors, and pine trim throughout. The open-concept space includes the kitchen with hickory cabinets, a granite island, an adjoining dining room, and a spacious living room. You will also find a sizeable primary bedroom with an en-suite on the main floor and access to the deck and screened porch on the main level. The upper level offers a second spacious bedroom and en-suite. The lower level includes a large open family room with a second fireplace (gas-log), two additional bedrooms, and one and a half bathrooms. The exterior was stained in 2021, the interior pained in 2022, and new carpeting throughout in 2023. Septic was pumped and inspected in July 2023 for rental license renewal. The property is sold furnished to be transferred on a separate bill of sale. The Seller will work directly with Buyers to transfer any reservations remaining after closing. This property has been in rental since Winter 2017 with high demand. The Seller is the Listing Broker/Designated Managing Broker.

Last Agent to Sell the Property

Mark Sumpter

EAGLE RIDGE REALTY License #471021332 Listed on: 08/12/2023

Last Buyer's Agent

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 2003

Lot Details

  • 0.7 Acre Lot
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Siding
  • Active Radon Mitigation
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Screened Porch

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Fire Pit

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank
  • Septic System

Community Details

Overview

  • Association fees include pool access, water access, clubhouse, garbage
  • The community has rules related to covenants

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,960

Year Built

Built in 2003

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Granite, Radon Mitigation Active, Whirlpool Tub, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Additional Room 5: Srn Porch, Dimensions: 12x13, On Level: Main
  • Additional Room 6: Deck, Dimensions: 12x13, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1357
  • Estimated Below Grade Finished Sq Ft: 1055
  • Fee Includes: Pool Access, Water Access, Clubhouse, Garbage
  • Front: 173.52
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Great Room, Hot Tub or Sauna, L.L. Finished Space, Main Floor Master, Fire-Pit/Fireplace, Laundry Basement, Porch Covered, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: THE GALENA TERRITORY THUNDER BAY UNIT 4 LOT 113 (from the tax bill)
  • Lot Acreage: 0.7
  • Lvt Date: 08/12/2023
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Number of Lower Level Half Bathrooms: 1
  • Rear: 251.83
  • Side 1: 169.44
  • Side 2: 165.91
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_1237
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2754
  • Estimated Upper Sq Ft: 342
  • Garage Type Driveway: Asphalt, None
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: WGH
  • Pertinent Facts: Marketed as the “Walnut Grove House,” this turnkey rental property is well-established and ready for your rental business. This impressive contemporary home on a wooded lot at 1 Champlain Court offers four bedrooms and three and a half bathrooms. The main level offers a true escape from traditional homes featuring a pinewood-clad vaulted ceiling, exposed pine trusses, a floor-to-ceiling river stone fireplace (gas-log), pine wainscotting, six-panel solid pine doors, and pine trim throughout. The open-concept space includes the kitchen with hickory cabinets, a granite island, an adjoining dining room, and a spacious living room. You will also find a sizeable primary bedroom with an en-suite on the main floor and access to the deck and screened porch on the main level. The upper level offers a second spacious bedroom and en-suite. The lower level includes a large open family room with a second fireplace (gas-log), two additional bedrooms, and one and a half bathrooms. The exterior was stained in 2021, the interior pained in 2022, and new carpeting throughout in 2023. Septic was pumped and inspected in July 2023 for rental license renewal. The property is sold furnished to be transferred on a separate bill of sale. The Seller will work directly with Buyers to transfer any reservations remaining after closing. This property has been in rental since Winter 2017 with high demand. The Seller is the Listing Broker/Designated Managing Broker.
  • Rental License: Yes
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1699
  • L O1 Brokerage Number: 478027388
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12.6x19.7, On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Full Exposure, Finished
  • Bedroom 2: Dimensions: 15.1x12.7, On Level: Upper
  • Bedroom 3: Dimensions: 14.5x13.5, On Level: Lower
  • Bedroom 4: Dimensions: 11.1x9.1, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: Combo/KitxCombo/Kit
  • Family Room: Yes, On Level: Lower, Dimensions: 19.0x14.0
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12.6x14.0, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 15.0x18.3
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 200.84
  • Recreation Room: No
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding, Cedar
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1360

Schools

  • School District: Galena
  • Elementary School: Galena
  • Middle School: Galena
  • High School: Galena

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2022
  • Taxes: 6960

MLS Schools

  • HighSchool: Galena
  • School District: Galena
  • Middle School: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Dec 15, 2023
Sold by
Walnut Ridge Rentals Llc
Bought by
Jordan James Homes Llc
Seller's Agent
Mark Sumpter
EAGLE RIDGE REALTY
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$565,000
Sold Price
$553,125
Premium/Discount to List
-$11,875
-2.1%
Views
177
Current Estimated Value
$611,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,145
Avg. Annual Appreciation
8.08%
Original Mortgage
$467,500
Outstanding Balance
$462,720
Interest Rate
8.5%
Mortgage Type
Construction
Estimated Equity
$165,606

Purchase Details

Listed on
Jun 13, 2017
Closed on
Sep 7, 2017
Sold by
Giudicessi Cheryl J
Bought by
Sumpter Mark G and Obayashi Derek T
Seller's Agent
Gary Conlon
CHOICE REALTY
List Price
$269,150
Sold Price
$256,500
Premium/Discount to List
-$12,650
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jordan James Homes Llc $553,500 Security First Title
Sumpter Mark G $256,500 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan James Homes Llc $467,500
Previous Owner Sumpter Mark G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $553,125 -2.1% $201 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $565,000 0.0% $205 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $565,000 -3.4% $205 / Sq Ft
09/05/2023 09/05/23 Price Changed $585,000 -2.3% $212 / Sq Ft
08/19/2023 08/19/23 Price Changed $599,000 -2.6% $218 / Sq Ft
08/12/2023 08/12/23 For Sale $615,000 +139.8% $223 / Sq Ft
09/15/2017 09/15/17 Sold $256,500 -4.7% $94 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $269,150 -- $99 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $9,327 $134,901 $6,215 $128,686
2023 $7,644 $107,880 $5,070 $102,810
2022 $7,644 $92,001 $4,324 $87,677
2021 $6,548 $85,107 $4,000 $81,107
2020 $5,887 $74,483 $3,994 $70,489
2019 $5,845 $74,483 $3,994 $70,489
2018 $5,719 $74,595 $4,000 $70,595
2017 $5,602 $74,595 $4,000 $70,595
2016 $5,540 $75,194 $7,624 $67,570
2015 $5,553 $75,194 $7,624 $67,570
2014 $5,596 $80,187 $8,131 $72,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304625

NorthWest Illinois Alliance of REALTORS®

APN: 06-204-113-00