NOT LISTED FOR SALE

1 Shagbark Ln Galena, IL 61036

Estimated Value: $502,000 - $618,000

4 Beds
4 Baths
3,156 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $435,000 $138 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,852/month

3 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • River Ridge Middle School Rated 9+
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of September 2021

Incredible opportunity to make this income producing Vacation Rental your own! Nestled in the trees amidst 1.87 acres of wooded beauty, abundant privacy and nature galore sits this 4 bed/4 bath Galena Territory haven licensed for rental and currently in Eagle Ridge Resort & Spa Rental Program as house #541. Huge wraparound porch greets you upon approach, and offers an amazing area to entertain, relax, unwind and simply take in the idyllic surround. Enter from porch to captivating main level and find dramatic great room with towering cathedral wood clad ceilings and beamed accent, gorgeous wood flooring, and wood-burning fireplace, warm and inviting 3 seasons room that connects wraparound porch to rear deck, open dining area with ample space for guests and direct access to generous rear deck, huge kitchen with custom cherry cabinetry, granite counters, eat-bar breakfast bar, stainless appliances, tray ceiling and slate in-lay floor accent, light and bright guest bedroom with another tray ceiling and nicely appointed full bath with tub/shower and tile accents sits just beyond. Follow the beautiful stairway overlooking the great room to the upper level to find the sweeping master bedroom with ample room to spread out and adjoining spa-like master bath with radiant heated floors that houses corner whirlpool, ornate floor, wall and ceiling tile accents, and luxurious tile surround shower. Retreat to the finished walk-out lower level with radiant in-floor heat throughout to find an expansive recreation room with space for game/sitting area, direct access to screened porch with hot tub, spacious family room with gas fireplace, two additional comfortable guest bedrooms (one a suite with private bath), two nicely appointed guest bathrooms each with full tile showers, and laundry/utility room. Outdoor areas include the aforementioned expansive wraparound porch, rear deck, and screened porch with hot tub. Impressive woodwork and six panel wood doors throughout. Nicely landscaped grounds highlight the exterior. Asphalt drive and plenty of parking. Deck and porch painted 2021. Sold furnished with some exclusions and to be transferred via separate bill of sale. Gross rental income 2020 $53,508.88.excluding the time frame from late March through early June.

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 08/17/2021

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Kelly Kohlhaas

Century 21 Signature Real Estate License #471021836

Century 21 Signature Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,029

Lot Details

  • 1.87 Acre Lot
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Shingle Roof
  • Cement Board or Planked

Interior Spaces

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

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating 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

$7,029

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Tray, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Granite, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Additional Room 5: 3 Seasons, Dimensions: 13'5x11'3, 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: 1300
  • Estimated Below Grade Finished Sq Ft: 1228
  • Fee Includes: Pool Access, Water Access, Clubhouse, Garbage
  • Front: 41.89
  • General Features: Basement Entrance, Deck, Full Exposure, Great Room, Hot Tub or Sauna, L.L. Finished Space, Main Floor Master, Laundry Basement, Porch 3 Season, Porch Covered, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: To follow on deed
  • Lot Acreage: 1.87
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 141.42
  • Side 1: 465.96
  • Side 2: 326.81
  • Stove Range Fuel: Gas
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Egress: Yes
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 3156
  • Estimated Upper Sq Ft: 628
  • Garage Type Driveway: Asphalt
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: 541
  • Pertinent Facts: Incredible opportunity to make this income producing Vacation Rental your own! Nestled in the trees amidst 1.87 acres of wooded beauty, abundant privacy and nature galore sits this 4 bed/4 bath Galena Territory haven licensed for rental and currently in Eagle Ridge Resort & Spa Rental Program as house #541. Huge wraparound porch greets you upon approach, and offers an amazing area to entertain, relax, unwind and simply take in the idyllic surround. Enter from porch to captivating main level and find dramatic great room with towering cathedral wood clad ceilings and beamed accent, gorgeous wood flooring, and wood-burning fireplace, warm and inviting 3 seasons room that connects wraparound porch to rear deck, open dining area with ample space for guests and direct access to generous rear deck, huge kitchen with custom cherry cabinetry, granite counters, eat-bar breakfast bar, stainless appliances, tray ceiling and slate in-lay floor accent, light and bright guest bedroom with another tray ceiling and nicely appointed full bath with tub/shower and tile accents sits just beyond. Follow the beautiful stairway overlooking the great room to the upper level to find the sweeping master bedroom with ample room to spread out and adjoining spa-like master bath with radiant heated floors that houses corner whirlpool, ornate floor, wall and ceiling tile accents, and luxurious tile surround shower. Retreat to the finished walk-out lower level with radiant in-floor heat throughout to find an expansive recreation room with space for game/sitting area, direct access to screened porch with hot tub, spacious family room with gas fireplace, two additional comfortable guest bedrooms (one a suite with private bath), two nicely appointed guest bathrooms each with full tile showers, and laundry/utility room. Outdoor areas include the aforementioned expansive wraparound porch, rear deck, and screened porch with hot tub. Impressive woodwork and six panel wood doors throughout. Nicely landscaped grounds highlight the exterior. Asphalt drive and plenty of parking. Deck and porch painted 2021. Sold furnished with some exclusions and to be transferred via separate bill of sale. Gross rental income 2020 $53,508.88.excluding the time frame from late March through early June.
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1928
  • L O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 20'9x16'9, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Basement: Basement Entrance, Finished, Full Exposure
  • Bedroom 2: Dimensions: 16'9x11'6, On Level: Main
  • Bedroom 3: Dimensions: 11'3x10'8, On Level: Lower
  • Bedroom 4: Dimensions: 14'9x10'7, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 11'3x14'8
  • Family Room: Yes, On Level: Lower, Dimensions: 15'0x11'5
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Kitchen: Dimensions: 18'1x11'4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18'9x16'3
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 137.83
  • Recreation Room: Yes, On Level: Lower, Dimensions: 26'5x10'9
  • Total Bathrooms: 4
  • Basement: Yes

Exterior Features

  • Exterior: Cement Board
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1137

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge
  • Elementary School #2: River Ridge

Tax Info

  • Year: 2021
  • Taxes: 7029

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thornton Michael R $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $435,000 +1.2% $138 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $429,900 -- $136 / 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 $8,836 $173,070 $4,490 $168,580
2023 $8,421 $151,258 $3,924 $147,334
2022 $8,421 $112,879 $2,928 $109,951
2021 $6,951 $104,682 $2,715 $101,967
2020 $7,029 $103,262 $2,455 $100,807
2019 $6,891 $101,536 $2,414 $99,122
2018 $6,792 $102,780 $2,444 $100,336
2017 $6,675 $102,780 $2,444 $100,336
2016 $6,566 $103,041 $16,551 $86,490
2015 $6,531 $103,041 $16,551 $86,490
2014 $6,442 $109,881 $17,649 $92,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202105207

NorthWest Illinois Alliance of REALTORS®

APN: 08-109-020-00