NOT LISTED FOR SALE

11 Settler Ln Galena, IL 61036

Estimated Value: $201,197 - $223,000

2 Beds
1 Bath
950 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $120,000 $126 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,553/month

Highlights

  • Lake View
  • Deck
  • Central Air
  • Galena Primary School Rated A-
  • Wooded Lot
  • Baseboard Heating

About This Home

As of June 2021

11 Settler Lane is a charming very well maintained 2 bedroom,1 bath Washburn style cottage in the heart of the Galena Territory. Cozy cottage with an open concept and wood floors throughout living room/kitchen area, a beautiful brick wood burning fireplace, adding ambiance to a perfect get away to enjoy all seasons. Private! Location! Location! 11 Settler Lane is minutes away from Eagle Ridge Resort and Spa, championship golf courses, Lake Galena, Shenandoah riding stables , hiking and cross country ski trails all within the wooded majestic Galena Territory. A private deck off the kitchen boasts seasonal views of lake Galena, surrounded by a peaceful mature wooded atmosphere reflecting all the beauty the Galena Territory has to offer. The Townhouse can be a great home away from home, or utilized as an investment property. 11 Settler Lane has an active rental license which is currently rented through the Eagle Ridge Resort and Spa rental program. The property is completely turnkey, all you have to do is bring your suitcase. Being sold furnished; All furnishings to be conveyed on a separate bill of sale at closing. The unit is in the Eagle Ridge Resort Rental Program (Unit # SM11 ) Check availability and key access with Eagle Ridge Resort and Spa (815-777-5000). Lock box on main level 2nd bedroom for access. Please lock upon leaving. Call Michael Ferry to notify prior to showing as a courtesy. 815.990.9745.

Last Agent to Sell the Property

MICHAEL FERRY

CHOICE REALTY License #475175454 Listed on: 04/30/2021

Last Buyer's Agent

Jacqueline Debes

RE/MAX PRIME PROPERTIES License #471020297

RE/MAX PRIME PROPERTIES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,092

Lot Details

  • 1,220

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Wooded Lot

Community Details

  • The community has rules related to covenants

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,092

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Interior Amenities: CO Detectors, Smoke Detectors, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Lake View, Restrictions
  • Electric: Circuit Breaker
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 572
  • General Features: Deck, Laundry 2nd Floor
  • Hoa Fee Frequency: Yearly
  • Style: Townhouse
  • Type: Condominium
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Agent Only_ Designated Managing Broker Y N: No
  • Agent Only_ L A1 User Code: F_9745
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 950
  • Estimated Upper Sq Ft: 378
  • Garage Type Driveway: Asphalt, None
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: SM11
  • Pertinent Facts: 11 Settler Lane is a charming very well maintained 2 bedroom,1 bath Washburn style cottage in the heart of the Galena Territory. Cozy cottage with an open concept and wood floors throughout living room/kitchen area, a beautiful brick wood burning fireplace, adding ambiance to a perfect get away to enjoy all seasons. Private! Location! Location! 11 Settler Lane is minutes away from Eagle Ridge Resort and Spa, championship golf courses, Lake Galena, Shenandoah riding stables , hiking and cross country ski trails all within the wooded majestic Galena Territory. A private deck off the kitchen boasts seasonal views of lake Galena, surrounded by a peaceful mature wooded atmosphere reflecting all the beauty the Galena Territory has to offer. The Townhouse can be a great home away from home, or utilized as an investment property. 11 Settler Lane has an active rental license which is currently rented through the Eagle Ridge Resort and Spa rental program. The property is completely turnkey, all you have to do is bring your suitcase. Being sold furnished; All furnishings to be conveyed on a separate bill of sale at closing. The unit is in the Eagle Ridge Resort Rental Program (Unit # SM11 ) Check availability and key access with Eagle Ridge Resort and Spa (815-777-5000). Lock box on main level 2nd bedroom for access. Please lock upon leaving. Call Michael Ferry to notify prior to showing as a courtesy. 815.990.9745.
  • Rental License: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bedrooms: 2
  • Basement Type: Slab
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Bedroom 2: On Level: Main
  • Dining Room: On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Baseboard
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1137

Schools

  • Elementary School #2: Galena

Tax Info

  • Year: 2020
  • Taxes: 2092

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 14, 2021
Sold by
Monarch Re Llc
Bought by
Brown Debra Anne
Seller's Agent
MICHAEL FERRY
CHOICE REALTY
Buyer's Agent
Jacqueline Debes
RE/MAX PRIME PROPERTIES
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$213,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,799
Avg. Annual Appreciation
14.09%
Original Mortgage
$116,400
Outstanding Balance
$105,106
Interest Rate
2.87%
Mortgage Type
Construction
Estimated Equity
$108,693

Purchase Details

Closed on
Oct 11, 2019
Sold by
Simpson Kenneth P L Tr
Bought by
Monarch Re Llc
Source: Public Records

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 Buyer Sale Price Title Company
Brown Debra Anne $120,000 Attorney Only
Brown Debra Anne $120,000 Attorney Only
Monarch Re Llc $75,000 Attorney Only
Monarch Re Llc $75,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Debra Anne $116,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $120,000 +0.1% $126 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $119,900 -- $126 / 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 $4,039 $58,424 $5,179 $53,245
2023 $3,377 $47,658 $4,225 $43,433
2022 $3,377 $27,161 $3,603 $23,558
2021 $1,933 $25,126 $3,333 $21,793
2020 $2,092 $26,469 $3,328 $23,141
2019 $2,077 $26,469 $3,328 $23,141
2018 $1,189 $26,509 $3,333 $23,176
2017 $165 $26,509 $3,333 $23,176
2016 $802 $21,890 $4,689 $17,201
2015 $804 $21,890 $4,689 $17,201
2014 $1,438 $31,607 $5,000 $26,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 1110830

NorthWest Illinois Alliance of REALTORS®

APN: 06-410-001-11