$106,000
SOLD JUN 27, 2018

1 Summit Pass Galena, IL 61036

4 Beds
2 Baths
2,188 Sq Ft
2.78 Acres

Recently Sold

$48 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Countryside Views
  • Ranch Style House
  • Wood Burning Fireplace
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

Unique 2.78 acre property located on the corner of Summit Pass & Guilford Rd. is a priced to sell ranch. With a 3 car garage, 4 bedrooms and 2 baths, this residence needs some TLC but is a wonderful opportunity. Ideal for a family, zoned for 2 horses & a stable, this home has a beautiful view to the south & west, close to trails that lead to Lake Galena. Exterior recently stained, newer garage doors & openers, open floor plan , large windows make this home inviting. Sellers are selling in" AS IS" condition & have priced the home to accommodate remodeling. Furniture negotiable. Very easy to show, as the owners are rarely there.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 1976

Lot Details

  • 2.78 Acre Lot
  • Property fronts a county road

HOA Fees

  • $2,593 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2,188 Sq Ft Home
  • Wood Burning Fireplace
  • Countryside Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • Scales Mound Elementary And Middle School
  • Scales Mound High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Tank Leased
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 1976

Lot Details

0

HOA Fees

$2,593 per month

Listing Details

  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Country View, Panorama, Valley
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank Rented
  • Class: HOUSE
  • Front: 458.44
  • General Features: Deck, Laundry Basement
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 2.78
  • Lvt Date: 04/06/2018
  • Rear: 40
  • Side 1: 492.57
  • Side 2: 502.81
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_106
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 2188
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Unique 2.78 acre property located on the corner of Summit Pass & Guilford Rd. is a priced to sell ranch. With a 3 car garage, 4 bedrooms and 2 baths, this residence needs some TLC but is a wonderful opportunity. Ideal for a family, zoned for 2 horses & a stable, this home has a beautiful view to the south & west, close to trails that lead to Lake Galena. Exterior recently stained, newer garage doors & openers, open floor plan , large windows make this home inviting. Sellers are selling in" AS IS" condition & have priced the home to accommodate remodeling. Furniture negotiable. Very easy to show, as the owners are rarely there.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481011435
  • S O1 Brokerage Number: 481011435
  • 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
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 48.45
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 31115

Schools

  • School District: Scales Mound
  • Elementary School: Scales Mound
  • Middle School: Scales Mound
  • High School: Scales Mound
  • Elementary School #2: Scales Mound

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2017
  • Taxes: 3784

MLS Schools

  • HighSchool: Scales Mound
  • School District: Scales Mound
  • Middle School: Scales Mound

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Jan 7, 2019
Sold by
Emma Lazore
Bought by
Jorgenson Michael A
Seller's Agent
KELLY LAZORE
CHOICE REALTY
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%
Total Days on Market
7
Current Estimated Value
$299,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,905
Avg. Annual Appreciation
15.76%
Original Mortgage
$137,857
Outstanding Balance
$126,548
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$172,857

Map

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 Type Sale Price Title Company
Grant Deed $117,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,857 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $117,500 -6.0% $54 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $125,000 +17.9% $57 / Sq Ft
06/27/2018 06/27/18 Sold $106,000 +1.0% $48 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $105,000 -- $48 / 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 $3,403 $64,265 $6,673 $57,592
2023 $3,244 $56,166 $5,832 $50,334
2022 $3,244 $41,915 $4,352 $37,563
2021 $2,661 $38,871 $4,036 $34,835
2020 $3,891 $55,628 $3,650 $51,978
2019 $3,817 $54,698 $3,589 $51,109
2018 $3,790 $55,368 $3,633 $51,735
2017 $54 $55,368 $3,633 $51,735
2016 $3,718 $55,478 $15,141 $40,337
2015 $3,673 $55,478 $15,141 $40,337
2014 $3,752 $59,161 $16,146 $43,015
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 120819

NorthWest Illinois Alliance of REALTORS®

APN: 08-201-124-00