NOT LISTED FOR SALE

13 Shorewood Dr Galena, IL 61036

Estimated Value: $467,000 - $651,000

5 Beds
4.5 Baths
2,240 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $530,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,682/month

9 Days on Market

Highlights

  • Countryside Views
  • Deck
  • Whirlpool Bathtub
  • Galena Primary School Rated A-
  • Wooded Lot
  • Great Room

About This Home

As of January 2024

Looking for an outstanding investment for Short Term Rentals (STR's) in The Galena Territory? No need to look further than 13 Shorewood Drive! This nicely maintained, turnkey, furnished five bedroom four and 1/2 bathroom home has averaged $81,973 revenue per year over the past three years (per owner's records available upon request). The home has a valid Jo Daviess County Guest Accommodation License and has earned both a 5-star rating (by guests) as well as a stellar reputation through Vacation Homes of Galena. Upon entering this special property, you will step into the quaint foyer of 13 Shorewood Drive and immediately notice the wood floors throughout the main level (except the tiled half bath). From the foyer, you enter the welcoming great room which prominently displays: a stone gas log fireplace with a wood mantle; a wood clad ceiling; ample seating able to accommodate up to the licensed capacity of twelve guests; and access to a large outdoor screened porch and the deck. When entering the dining and kitchen areas, you will see featured: a large dining table which adjoins the kitchen; granite countertops; stainless steel appliances; a stainless steel double bowl sink; oak cabinetry; and a breakfast bar. Off the kitchen you can access the two-car garage. And the sliding doors off the dining area lead to the deck - perfect for entertaining with outdoor seating - overlooking the spacious yard with a wooded backdrop (leading to 25+ acres of greenspace and a seasonal creek). Look forward to fun and games along with meals fresh off the outdoor BBQ grill! Ascend to the upper level and you'll find: the primary ensuite bedroom/bathroom with a double bowl vanity, whirlpool tub, a walk-in closet and a private owner's closet; two guest bedrooms; and a full guest bathroom that completes the upper level. From the kitchen, you can descend to the walkout lower level featuring: a cozy family room; secondary ensuite bedroom/bathroom; guest bedroom; guest bathroom; and the laundry/mechanical area (washer, dryer, water softener and furnace). From the family room you can exit to the exposed aggregate patio to enjoy some R&R in the seven-person hot tub or spend time by the firepit area with your favorite beverage! As part of your stay at 13 Shorewood Drive, you and/or your guests can enjoy the fabulous ownership amenities The Galena Territory has to offer! Privileges at The Galena Territory Owners Club include indoor & outdoor pools; fitness center; and courts (for tennis, basketball, pickleball). Visit Lake Galena for boating, fishing, kayaking, canoeing and enjoy the Marina & Pavilion (both newly under construction). There are also miles of paved asphalt trails; 20 miles of hiking/mountain biking/horseback riding trails; Shenandoah Riding Center; and 24/7 Security. As a proud GTA owner, you'll also receive discounts at Eagle Ridge Resort & Spa properties in The Galena Territory. The sellers are offering a Choice Home Warranty (Choice plan - value $450). Closing to be on or after January 3rd, 2024. Showings will be available after a Thanksgiving guest checkout and cleaning starting Sunday afternoon (11/26/23). Schedule your showing now! Sellers will review any and all offers after 3 pm on 11/30/23.

Last Agent to Sell the Property

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 11/21/2023

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 11/21/2023

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1998

Lot Details

  • 1.1 Acre Lot
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Screened Porch
  • Countryside Views

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include pool access, internet

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 1998

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Countertop-Granite, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Country View, Greenway Access
  • Electric: Circuit Breaker
  • Additional Room 5: Bedroom, Dimensions: 11'7x10'9, On Level: Lower
  • 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: 1004
  • Estimated Below Grade Finished Sq Ft: 700
  • Fee Includes: Pool Access, Internet
  • Front: 104.61
  • General Features: Deck, Great Room, Home Warranty, Hot Tub or Sauna, Patio, Fire-Pit/Fireplace, Laundry Basement, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: To Follow on Deed
  • Lot Acreage: 1.1
  • Number of Lower Level Full Bathrooms: 2
  • Number of Upper Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Rear: 155.15
  • Side 1: 379.11
  • Side 2: 369
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_108
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2240
  • Estimated Upper Sq Ft: 536
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: 13 SD
  • Pertinent Facts: Looking for an outstanding investment for Short Term Rentals (STR's) in The Galena Territory? No need to look further than 13 Shorewood Drive! This nicely maintained, turnkey, furnished five bedroom four and 1/2 bathroom home has averaged $81,973 revenue per year over the past three years (per owner's records available upon request). The home has a valid Jo Daviess County Guest Accommodation License and has earned both a 5-star rating (by guests) as well as a stellar reputation through Vacation Homes of Galena. Upon entering this special property, you will step into the quaint foyer of 13 Shorewood Drive and immediately notice the wood floors throughout the main level (except the tiled half bath). From the foyer, you enter the welcoming great room which prominently displays: a stone gas log fireplace with a wood mantle; a wood clad ceiling; ample seating able to accommodate up to the licensed capacity of twelve guests; and access to a large outdoor screened porch and the deck. When entering the dining and kitchen areas, you will see featured: a large dining table which adjoins the kitchen; granite countertops; stainless steel appliances; a stainless steel double bowl sink; oak cabinetry; and a breakfast bar. Off the kitchen you can access the two-car garage. And the sliding doors off the dining area lead to the deck - perfect for entertaining with outdoor seating - overlooking the spacious yard with a wooded backdrop (leading to 25+ acres of greenspace and a seasonal creek). Look forward to fun and games along with meals fresh off the outdoor BBQ grill! Ascend to the upper level and you'll find: the primary ensuite bedroom/bathroom with a double bowl vanity, whirlpool tub, a walk-in closet and a private owner's closet; two guest bedrooms; and a full guest bathroom that completes the upper level. From the kitchen, you can descend to the walkout lower level featuring: a cozy family room; secondary ensuite bedroom/bathroom; guest bedroom; guest bathroom; and the laundry/mechanical area (washer, dryer, water softener and furnace). From the family room you can exit to the exposed aggregate patio to enjoy some R&R in the seven-person hot tub or spend time by the firepit area with your favorite beverage! As part of your stay at 13 Shorewood Drive, you and/or your guests can enjoy the fabulous ownership amenities The Galena Territory has to offer! Privileges at The Galena Territory Owners Club include indoor & outdoor pools; fitness center; and courts (for tennis, basketball, pickleball). Visit Lake Galena for boating, fishing, kayaking, canoeing and enjoy the Marina & Pavilion (both newly under construction). There are also miles of paved asphalt trails; 20 miles of hiking/mountain biking/horseback riding trails; Shenandoah Riding Center; and 24/7 Security. As a proud GTA owner, you'll also receive discounts at Eagle Ridge Resort & Spa properties in The Galena Territory. The sellers are offering a Choice Home Warranty (Choice plan - value $450). Closing to be on or after January 3rd, 2024. Showings will be available after a Thanksgiving guest checkout and cleaning starting Sunday afternoon (11/26/23). Schedule your showing now! Sellers will review any and all offers after 3 pm on 11/30/23.
  • Rental License: Yes
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1540
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14'x11'8, On Level: Upper
  • Fireplace Type: Gas
  • Basement: Full Exposure
  • Bedroom 2: Dimensions: 11'4x10'8, On Level: Upper
  • Bedroom 3: Dimensions: 11'8x10'10, On Level: Upper
  • Bedroom 4: Dimensions: 11'x11', On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 14'x9'8
  • Family Room: Yes, On Level: Lower, Dimensions: 13'2x11'4
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 14'5x10'2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 17'5x13'9
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 236.61
  • Total Bathrooms: 4.5
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1360

Schools

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

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2022
  • Taxes: 5363

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 20, 2023
Sold by
Maple Robert J and Maple Olivia S
Bought by
Dahn Eric and Tamble Melissa D
Seller's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
List Price
$519,900
Sold Price
$530,000
Premium/Discount to List
$10,100
1.94%
Views
14
Current Estimated Value
$551,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,549
Avg. Annual Appreciation
2.37%
Original Mortgage
$397,500
Outstanding Balance
$390,973
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$160,576

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 4, 2019
Sold by
Drendel Sharon M L Tr
Bought by
Maple Robert J and Maple Olivia S
Seller's Agent
Diane Self
EAGLE RIDGE REALTY
Buyer's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
List Price
$235,000
Sold Price
$196,000
Premium/Discount to List
-$39,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%
Source: Public Records

Range of Values:

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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
Dahn Eric $530,000 Security First Title
Maple Robert J $196,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahn Eric $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $530,000 +1.9% $237 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $519,900 +165.3% $232 / Sq Ft
04/04/2019 04/04/19 Sold $196,000 -16.6% $88 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
02/17/2017 02/17/17 For Sale $235,000 -- $105 / 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 $7,561 $109,357 $6,994 $102,363
2023 $5,889 $83,122 $5,705 $77,417
2022 $5,889 $70,887 $4,865 $66,022
2021 $5,045 $65,575 $4,500 $61,075
2020 $5,377 $68,035 $4,493 $63,542
2019 $5,469 $69,695 $4,493 $65,202
2018 $5,351 $69,800 $4,500 $65,300
2017 $5,242 $69,800 $4,500 $65,300
2016 $5,123 $69,523 $10,484 $59,039
2015 $5,134 $69,523 $10,484 $59,039
2014 $5,174 $74,138 $11,180 $62,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202306816

NorthWest Illinois Alliance of REALTORS®

APN: 06-204-140-00