$510,000
$60K PRICE DROP

18 Colony Ln Galena, IL 61036

Estimated payment $3,623/month

Total Views 15,142
4 Beds
3 Baths
4,001 Sq Ft
$127 Price per Sq Ft

Highlights

  • Boat Dock
  • Stables
  • Clubhouse
  • Galena Primary School Rated A-
  • Community Lake
  • Deck

About This Home

Welcome to 18 Colony Lane, a spacious and beautifully designed 4-bedroom, 3-bathroom home with a 3-car garage, offering the perfect blend of elegance, comfort, and modern amenities. Enter into the large foyer, which opens into the formal living and dining areas, featuring a breathtaking cathedral ceiling and direct access to a large screened porch and deck overlooking a wooded backyard. The modern eat-in kitchen is a chef's dream, boasting quartz countertops, stainless steel appliances, and a large granite island-perfect for gatherings. Adjacent to the kitchen, the spacious family room impresses with a wood-clad vaulted ceiling, multiple skylights, and a floor-to-ceiling gas-log fireplace, creating a warm and inviting atmosphere. Off the kitchen and family room is a second deck that leads down to a small patio. The main level showcases an oversized primary suite with a private bath, complete with double vanities, a whirlpool tub, a separate shower, and a large walk-in closet. Two additional bedrooms, a full bathroom, and a spacious laundry room complete this level. The lower level offers incredible versatility, featuring a second large family room with another gas-log fireplace and rough plumbing for a wet bar, an additional bedroom and bathroom, and an oversized great room/recreation room-ideal for entertainment, a home gym, a playroom, a game room or just about anything you can want! Off this family room is a large brick-paver patio. Plus, this home offers abundant storage space throughout. Nestled in a serene setting yet conveniently located near the heart of The Galena Territory, this home is a rare find.

Listing Agent

Mark Sumpter

Eagle Ridge Realty, Inc Listed on: 02/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,219

Year Built

  • Built in 1993

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 41.89x127x59.7x115.96x100.37x160

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 4,001 Sq Ft Home
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Property is near a park
  • Stables

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Kim Goodwin Association, Phone Number (815) 777-2000
  • Property managed by The Galena Territory Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,219

Year Built

Built in 1993

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1993
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Finished, Egress Window, Storage Space, Full, Daylight
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • LivingArea: 4001
  • Room Type: Family Room, Deck, Screened Porch
  • Estimated Total Finished Sq Ft: 4001
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 4001
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 4001
  • Main Level Sq Ft: 2304
  • Lower Level Sq Ft: 1697

Exterior Features

  • Construction Materials: Cedar
  • List Price: 510000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Propane, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Stable(s), Horse-Riding Area, Horse-Riding Trails, Lake, Dock, Water Rights
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: The Galena Territory Association
  • Management Contact Name: Kim Goodwin
  • Management Phone: 815-777-2000
  • Master Association Fee: 1360

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 120

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 41.89X127X59.7X115.96X100.37X160
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8219
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,004 $155,700 $6,215 $149,485
2023 $8,219 $127,009 $5,070 $121,939
2022 $8,219 $108,314 $4,324 $103,990
2021 $6,823 $100,198 $4,000 $96,198
2020 $7,009 $99,682 $3,994 $95,688
2019 $6,959 $99,682 $3,994 $95,688
2018 $6,811 $99,832 $4,000 $95,832
2017 $6,672 $99,832 $4,000 $95,832
2016 $6,866 $104,184 $10,980 $93,204
2015 $6,881 $104,184 $10,980 $93,204
2014 $7,754 $111,101 $11,709 $99,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $510,000 -1.9% $127 / Sq Ft
06/26/2025 06/26/25 Price Changed $520,000 -1.9% $130 / Sq Ft
06/07/2025 06/07/25 Price Changed $530,000 -1.9% $132 / Sq Ft
05/19/2025 05/19/25 Price Changed $540,000 -1.8% $135 / Sq Ft
04/23/2025 04/23/25 Price Changed $550,000 -3.5% $137 / Sq Ft
02/28/2025 02/28/25 Price Changed $570,000 -0.2% $142 / Sq Ft
02/28/2025 02/28/25 For Sale $571,000 -- $143 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12296967

Midwest Real Estate Data (MRED)

APN: 06-412-019-00