$355,000
SOLD AUG 8, 2025

1 Colony Ln Galena, IL 61036

4 Beds
3 Baths
2,399 Sq Ft
0.29 Acres

Recently Sold

$148 Per Sq Ft

14% Below List Price

527 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Granite Countertops
  • Galena Primary School Rated A-
  • Vaulted Ceiling
  • Skylights

About This Home

As of August 2025

Warm and inviting 4 bedroom, 3 bath Timberpeg home with rustic flair, beautiful wood tones and exposed post and beam construction throughout all sited in a Resort Core location on .29 acres that features a gorgeous, wooded backdrop, lovely perennial gardens, beautiful outdoor spaces, and a detached 2+ car garage. Bright main level features generous living room with woodburning fireplace and private balcony, large kitchen with cathedral ceilings, granite counters and eat-at breakfast bar, open dining area with ample room for guests and direct access to rear deck, and spacious primary bedroom with adjoining full bath. Upper-level houses dramatic loft hall that overlooks kitchen area below, two comfortable guest bedrooms, and full bath with soaring ceiling. Retreat to the walk-out lower level to find a large family room with more exposed beams and wood ceilings, huge bedroom suite with private full bath, cozy three seasons room, and laundry/utility area. Aggregate walkway leads to front and aggregate stairs provide exterior access to rear. Detached 2+ car garage has room for vehicles and storage/workshop plus pull-down access to storage above. Location convenient to all amenities of The Galena Territory including Owners' Club with indoor pool, outdoor pool, fitness facility, game room, multi-sport gym, tennis courts and more, access to scenic Lake Galena, and miles of gorgeous trails. Fine and casual dining, 63 holes of golf, and spa facilities of Eagle Ridge Resort and Spa are just minutes away.

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 02/03/2024

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 02/03/2024

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Built-in Bookshelves
  • Wood Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,602

Year Built

Built in 1983

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Book Cases Built In, Ceiling Fan(s), Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Granite, Walk-In Closet, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Restrictions, Subdivision
  • 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
  • Fee Includes: Pool Access, Water Access, Clubhouse, Garbage
  • Front: 96.2
  • General Features: Basement Entrance, Deck, L.L. Finished Space, Main Floor Primary, Skylight(s), Laundry Basement, Porch 3 Season
  • Hoa Fee Frequency: Yearly
  • Legal Description: To follow on deed at closing.
  • Lot Acreage: 0.29
  • Lvt Date: 02/04/2024
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 81.26
  • Side 1: 180
  • Side 2: 136.49
  • Stove Range Fuel: Electric
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • 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: Warm and inviting 4 bedroom, 3 bath Timberpeg home with rustic flair, beautiful wood tones and exposed post and beam construction throughout all sited in a Resort Core location on .29 acres that features a gorgeous, wooded backdrop, lovely perennial gardens, beautiful outdoor spaces, and a detached 2+ car garage. Bright main level features generous living room with woodburning fireplace and private balcony, large kitchen with cathedral ceilings, granite counters and eat-at breakfast bar, open dining area with ample room for guests and direct access to rear deck, and spacious primary bedroom with adjoining full bath. Upper-level houses dramatic loft hall that overlooks kitchen area below, two comfortable guest bedrooms, and full bath with soaring ceiling. Retreat to the walk-out lower level to find a large family room with more exposed beams and wood ceilings, huge bedroom suite with private full bath, cozy three seasons room, and laundry/utility area. Aggregate walkway leads to front and aggregate stairs provide exterior access to rear. Detached 2+ car garage has room for vehicles and storage/workshop plus pull-down access to storage above. Location convenient to all amenities of The Galena Territory including Owners' Club with indoor pool, outdoor pool, fitness facility, game room, multi-sport gym, tennis courts and more, access to scenic Lake Galena, and miles of gorgeous trails. Fine and casual dining, 63 holes of golf, and spa facilities of Eagle Ridge Resort and Spa are just minutes away.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1529
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12'3x11'6, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: Dimensions: 13'3x11'4, On Level: Upper
  • Bedroom 3: Dimensions: 13'3x11'0, On Level: Upper
  • Bedroom 4: Dimensions: 20'3x8'9/14'2, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 12'5x11'1
  • Family Room: Yes, On Level: Lower, Dimensions: 22'3x13'0
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23'3x11'1
  • Number Of Fireplaces: 1
  • Recreation Room: No
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1360

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2024
  • Taxes: 7602

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Aug 5, 2025
Sold by
Furness Gregory S and Furness Deborah S
Bought by
Living Alfini Robert W
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$415,000
Sold Price
$355,000
Premium/Discount to List
-$60,000
-14.46%
Views
486
Current Estimated Value
$368,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,397
Avg. Annual Appreciation
8.20%

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
DC Rise Real Estate
List Price
$229,900
Sold Price
$212,500
Premium/Discount to List
-$17,400
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 Security First Title
Grant Deed $212,500 Security First Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $355,000 -5.3% $148 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
06/25/2025 06/25/25 Price Changed $374,900 -3.4% $156 / Sq Ft
06/26/2024 06/26/24 Price Changed $388,000 -2.9% $162 / Sq Ft
04/24/2024 04/24/24 Price Changed $399,500 -1.4% $167 / Sq Ft
03/21/2024 03/21/24 Price Changed $405,000 -2.4% $169 / Sq Ft
02/03/2024 02/03/24 For Sale $415,000 +95.3% $173 / Sq Ft
02/28/2019 02/28/19 Sold $212,500 -7.6% $89 / Sq Ft View Prior Sale
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

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: 202400399

NorthWest Illinois Alliance of REALTORS®

APN: 06-412-008-00