NOT LISTED FOR SALE

107 N Prospect St Galena, IL 61036

Estimated Value: $315,000 - $342,449

3 Beds
2.5 Baths
2,634 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $225,000 $85 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,267/month

416 Days on Market

Highlights

  • Covered Patio or Porch
  • Brick or Stone Mason
  • Ceiling Fan
  • Galena Primary School Rated A-
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of August 2020

You'd never guess whats inside these Historic Brick walls - I was amazed to see how spacious this home is! Living room with gas fireplace opens to the Formal Dining room area. Upstairs is 3 bedrooms with a full bath complete with the original claw foot tub that has been refinished. There is a built in ladder/staircase that leads to the finished attic that Sellers has set up for Guests. Main level & Upper level have a covered porch that overlook Galena & the Galena River. (You could watch the fireworks from either deck!) Then the finished lower level is a walk out - it offers an office, a 2nd dining room off the kitchen, large laundry room with storage cabinets & a full bath. Off the kitchen you can walk out to the concrete patio where the gas hook ups for the grill are there for your grilling pleasure. Set high above the Bench Street homes, offers you privacy in your backyard with great views! Seller remodeled the home in the last 11-15 years - including roof, tuck pointing, driveway & sidewalks, new interior & exterior doors, wood trim, windows, porches, kitchen & bathrooms remodeled too. Water heater replaced 5 years ago. LL Furnace replaced last year. There are HVAC units for each level to keep temps at desired temperatures for each floor. Throughout most of the home are wood floors. Seller is offering the home furnished with a few personal exceptions, including most LL dining area furnishings & personal tools. City of Galena is responsible for the rock wall. Survey on file at Listing office. Easement recorded & a copy provided as this garage corner is over the lot line.

Last Agent to Sell the Property

Angela Stodden

KELLER WILLIAMS REALTY SIGNATURE License #471003889 Listed on: 05/23/2019

KELLER WILLIAMS REALTY SIGNATURE

Last Buyer's Agent

Jacqueline Debes

RE/MAX PRIME PROPERTIES License #471020297

RE/MAX PRIME PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1860

Lot Details

  • 10,019

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 10,019 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,071

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town
  • Type: Panorama
  • Electric: Circuit Breaker
  • Additional Room 6: UL -Attic
  • Additional Room 7: LL -Office
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 792
  • Estimated Below Grade Finished Sq Ft: 792
  • General Features: Patio, Laundry Basement, Porch Covered
  • Grid: Galena
  • Lot Acreage: 0.23
  • Type: House
  • Agent Only_ L A1 User Code: F_536
  • Egress: No
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2634
  • Estimated Upper Sq Ft: 1026
  • Garage Type Driveway: Detached, Other
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: You'd never guess whats inside these Historic Brick walls - I was amazed to see how spacious this home is! Living room with gas fireplace opens to the Formal Dining room area. Upstairs is 3 bedrooms with a full bath complete with the original claw foot tub that has been refinished. There is a built in ladder/staircase that leads to the finished attic that Sellers has set up for Guests. Main level & Upper level have a covered porch that overlook Galena & the Galena River. (You could watch the fireworks from either deck!) Then the finished lower level is a walk out - it offers an office, a 2nd dining room off the kitchen, large laundry room with storage cabinets & a full bath. Off the kitchen you can walk out to the concrete patio where the gas hook ups for the grill are there for your grilling pleasure. Set high above the Bench Street homes, offers you privacy in your backyard with great views! Seller remodeled the home in the last 11-15 years - including roof, tuck pointing, driveway & sidewalks, new interior & exterior doors, wood trim, windows, porches, kitchen & bathrooms remodeled too. Water heater replaced 5 years ago. LL Furnace replaced last year. There are HVAC units for each level to keep temps at desired temperatures for each floor. Throughout most of the home are wood floors. Seller is offering the home furnished with a few personal exceptions, including most LL dining area furnishings & personal tools. City of Galena is responsible for the rock wall. Survey on file at Listing office. Easement recorded & a copy provided as this garage corner is over the lot line.
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 478025990
  • S O1 Brokerage Number: 481.013145
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Dining Room: On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: On Level: Lower
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 85.42
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

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

Building Info

  • Year Built: 1860

Tax Info

  • Year: 2019
  • Taxes: 5071

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 13, 2020
Sold by
Trust No 10
Bought by
Lapp Larry L and Lapp Katherine L
Seller's Agent
Angela Stodden
KELLER WILLIAMS REALTY SIGNATURE
Buyer's Agent
Jacqueline Debes
RE/MAX PRIME PROPERTIES
List Price
$247,500
Sold Price
$225,000
Premium/Discount to List
-$22,500
-9.09%
Current Estimated Value
$326,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,112
Avg. Annual Appreciation
7.49%
Original Mortgage
$180,000
Outstanding Balance
$159,643
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$166,469
Source: Public Records

Range of Values:

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Average Value
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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
Lapp Larry L $225,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapp Larry L $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $225,000 -9.1% $85 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
05/23/2019 05/23/19 For Sale $247,500 -- $94 / 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 $6,430 $83,385 $11,599 $71,786
2023 $7,833 $99,458 $11,545 $87,913
2022 $7,833 $83,924 $9,742 $74,182
2021 $6,633 $77,314 $8,975 $68,339
2020 $6,297 $71,294 $8,333 $62,961
2019 $5,071 $57,782 $8,595 $49,187
2018 $5,094 $59,453 $8,844 $50,609
2017 $105 $57,969 $8,623 $49,346
2016 $4,775 $57,969 $8,623 $49,346
2015 $5,106 $61,646 $8,622 $53,024
2014 $4,866 $61,646 $8,622 $53,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 121788

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-228-00