NOT LISTED FOR SALE

1 Colony Ln Galena, IL 61036

Estimated Value: $351,000 - $401,000

4 Beds
3 Baths
2,399 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $212,500 $89 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,774/month

149 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Galena Primary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of February 2019

This Timberpeg home built by the Branigar Organization, developer of the Galena Territory, has always been well taken care of wonderfully. Also included is a 2.5 car garage in great condition.The grounds are beautifully maintained. The current tax amount reflects the fact that the current owners lived in the home.

Last Agent to Sell the Property

Jon Checker

COLDWELL BANKER NETWORK REALTY License #475131557 Listed on: 09/15/2018

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

KATHLEEN FREEMAN

EAGLE RIDGE REALTY License #471009714

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Built-in Bookshelves
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Screened Porch
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

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

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,756

Year Built

Built in 1987

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Interior Amenities: Attic Storage, Book Cases Built In, Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Granite, Walk-In Closet
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1019
  • Estimated Below Grade Finished Sq Ft: 870
  • Front: 96.2
  • General Features: Deck, Skylight(s), Laundry Basement, Porch 3 Season, Porch Glass, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.29
  • Rear: 81.26
  • Side 1: 180
  • Side 2: 136.49
  • Type: House
  • Agent Only_ L A1 User Code: F_115
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2399
  • Estimated Upper Sq Ft: 510
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This Timberpeg home built by the Branigar Organization, developer of the Galena Territory, has always been well taken care of wonderfully. Also included is a 2.5 car garage in great condition.The grounds are beautifully maintained. The current tax amount reflects the fact that the current owners lived in the home.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 478.027516
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 88.58
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1119

Schools

  • School District: Galena
  • Elementary School: Galena
  • Middle School: Galena
  • High School: Galena
  • Elementary School #2: Galena

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2017
  • Taxes: 2756

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Feb 25, 2019
Sold by
Russ Family Trust
Bought by
Furness Gregory S
Seller's Agent
Jon Checker
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
KATHLEEN FREEMAN
EAGLE RIDGE REALTY
List Price
$229,900
Sold Price
$212,500
Premium/Discount to List
-$17,400
-7.57%
Current Estimated Value
$373,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,367
Avg. Annual Appreciation
9.17%
Source: Public Records

Range of Values:

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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
Furness Gregory S $212,500 Security First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $212,500 -7.6% $89 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
09/15/2018 09/15/18 For Sale $229,900 -- $96 / 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 $7,602 $109,948 $6,215 $103,733
2023 $6,355 $89,688 $5,070 $84,618
2022 $6,355 $76,487 $4,324 $72,163
2021 $5,444 $70,756 $4,000 $66,756
2020 $3,764 $47,618 $3,994 $43,624
2019 $3,737 $47,618 $3,994 $43,624
2018 $2,813 $47,690 $4,000 $43,690
2017 $2,756 $47,690 $4,000 $43,690
2016 $2,724 $47,973 $6,317 $41,656
2015 $2,730 $47,973 $6,317 $41,656
2014 $3,151 $51,158 $6,737 $44,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 121570

NorthWest Illinois Alliance of REALTORS®

APN: 06-412-008-00