Seller's Agent in 2023
Peter Brennan
COLDWELL BANKER NETWORK REALTY
(815) 238-2878
216 Total Sales
2 Briarwood Trail Unit 8 Belden School Lane Galena, IL 61036
Estimated Value: $311,000 - $433,512
3
Beds
3
Baths
2,048
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- Countryside Views
- Main Floor Primary Bedroom
- Skylights
- River Ridge Middle School Rated 10
- Screened Porch
- Forced Air Heating and Cooling System
About This Home
As of May 2023This comfortable floor plan features a bedroom & bathroom on each of its levels with a Jo Daviess County Guest Accommodation License (JDCGAL) for Short Term Rental (sleeps 8) and offers an open living room, dining area, kitchen with breakfast bar and a double-sided wood burning fireplace visible from all three areas. The main floor also features a bedroom, bathroom, screened in porch and deck overlooking the abundant hardwood trees and adjacent lot. The upper level features a guest bedroom, guest bathroom, and a unique sleeping loft with home office capability (high speed internet and natural gas are available in area, but not presently hooked up to home). The lower level has an additional guest bedroom, guest bathroom and generous family area for games (foosball anyone) or relaxation. The family room leads to a lower outdoor patio and wooded bliss. The yard offers a nice play area great for playing catch, frisbee, horseshoes or outdoor games. This turnkey home is being sold furnished with just a few personal items excluded. Recent upgrades include new lower-level carpeting, family room furnishings, water softener, 3 windows in the living room & dining area sliding door are paid for and being replaced. 2 Briarwood Trail is being sold with the adjacent wooded lot (8 Belden School Lane) providing a wonderful woodland buffer for even more peace & privacy. The home is centrally located in The Galena Territory just under 2 miles to the main entrance Highland Restaurant, Country Store and The General Golf Course. Or, in the other direction, just a little over a mile to the Owners Club with indoor/outdoor pools, sports courts, fitness center, tennis, pickleball and basketball courts, business center, 24/7 Security and much much more. For the outdoor enthusiasts the Galena Territory also offers, Lake Galena with trophy fishing, Shenandoah Horseback Riding Center, miles & miles of nature trails and some paved asphalt trails too. The annual dues, real estate taxes and acreage size reflect both properties. Seller will be participating in a tax-deferred exchange. Currently renting through VRBO & AirBnB. Per Seller: 2022 Gross Rental Income $48,605.
Last Agent to Sell the Property
COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 04/15/2023
Last Buyer's Agent
COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 04/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,021
Year Built
- Built in 1991
Lot Details
- 1.6 Acre Lot
HOA Fees
- $227 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Shingle Roof
- Wood Siding
- Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Window Treatments
- Screened Porch
- Countryside Views
Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- River Ridge Elementary And Middle School
- River Ridge High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Gas Water Heater
- Water Softener
- Fuel Tank
- Septic System
Community Details
- Association fees include water access, garbage
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2023
Closed on
May 22, 2023
Sold by
Foley Michael and Foley Jennifer
Bought by
Grzeszczak Steven E and Grzeszczak Constance D
Seller's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
List Price
$379,000
Sold Price
$388,000
Premium/Discount to List
$9,000
2.37%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,872
Avg. Annual Appreciation
-3.90%
Original Mortgage
$310,400
Outstanding Balance
$303,547
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$50,213
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grzeszczak Steven E | $388,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grzeszczak Steven E | $310,400 | |
| Previous Owner | Foley Michael | $229,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $388,000 | +2.4% | $189 / Sq Ft |
| 04/22/2023 04/22/23 | Pending | -- | -- | -- |
| 04/15/2023 04/15/23 | For Sale | $379,000 | +45.8% | $185 / Sq Ft |
| 10/25/2021 10/25/21 | Sold | $259,900 | 0.0% | $127 / Sq Ft |
| 09/02/2021 09/02/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $259,900 | -- | $127 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History Compared to Growth
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 | $4,812 | $94,253 | $2,020 | $92,233 |
| 2023 | $4,586 | $82,374 | $1,765 | $80,609 |
| 2022 | $4,586 | $61,473 | $1,317 | $60,156 |
| 2021 | $3,785 | $57,009 | $1,221 | $55,788 |
| 2020 | $3,815 | $56,041 | $1,104 | $54,937 |
| 2019 | $3,740 | $55,105 | $1,086 | $54,019 |
| 2018 | $3,686 | $55,780 | $1,099 | $54,681 |
| 2017 | $3,623 | $55,780 | $1,099 | $54,681 |
| 2016 | $3,563 | $55,908 | $8,016 | $47,892 |
| 2015 | $3,544 | $55,908 | $8,016 | $47,892 |
| 2014 | $3,495 | $59,620 | $8,548 | $51,072 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Brennan
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202301776
APN: 08-103-088-00
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