NOT LISTED FOR SALE

2 Colony Ct Galena, IL 61036

Estimated Value: $413,596 - $574,000

5 Beds
4 Baths
3,116 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $258,000 $83 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,409/month

314 Days on Market

Highlights

  • Spa
  • Deck
  • Vaulted Ceiling
  • Galena Primary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of September 2018

“The home with the Eagle in the stained glass window”, this spectacular home is Midwest living at its finest located in the ‘Core’ of The Galena Territory. This 3,116 sq.ft. turn-key home is adjacent to extensive hiking and fitness trail system and all the other Resort amenities and beauty. Surrounded by Oak and Walnut trees and all the rest nature has to offer you get privacy, peace and quiet. Has 5 bedrooms and 4 full baths, a Master Suite with a double whirlpool bath and separate shower, beautifully arched custom windows and doors that let in plenty of natural light. Vaulted ceilings, 2 fireplaces, walkout family room, six (6) panel doors, 2 decks and a screened in porch. This well designed home is well maintained and a perfect rental property with $33,290 gross income for 2014. Home has current rental license and is with the Eagle Ridge Inn rental program. Sale subject to GTA document transfer fee.

Last Agent to Sell the Property

KELLY LAZORE

CHOICE REALTY License #475163613 Listed on: 09/27/2017

Last Buyer's Agent

Gary Conlon

CHOICE REALTY License #471000722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screened Porch
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Fire Pit

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,060

Year Built

Built in 1995

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Interior Amenities: Attic Storage, Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Countertop-Solid Surface, Hot Tub Indoor, Whirlpool Tub
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded
  • Electric: Circuit Breaker
  • Additional Room 5: On Level: Lower
  • Additional Room 6: M, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1512
  • Estimated Below Grade Finished Sq Ft: 1220
  • Front: 171.76
  • General Features: Deck, Deck-Leveled, Fire-Pit/Fireplace, Laundry Basement, Porch Screened
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.29
  • Lvt Date: 09/27/2017
  • Rear: 131.95
  • Side 1: 75.46
  • Side 2: 70
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_1894
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 3116
  • Estimated Upper Sq Ft: 384
  • Garage Type Driveway: Asphalt, Garage Remote/Opener, Under
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: 600
  • Pertinent Facts: “The home with the Eagle in the stained glass window”, this spectacular home is Midwest living at its finest located in the ‘Core’ of The Galena Territory. This 3,116 sq.ft. turn-key home is adjacent to extensive hiking and fitness trail system and all the other Resort amenities and beauty. Surrounded by Oak and Walnut trees and all the rest nature has to offer you get privacy, peace and quiet. Has 5 bedrooms and 4 full baths, a Master Suite with a double whirlpool bath and separate shower, beautifully arched custom windows and doors that let in plenty of natural light. Vaulted ceilings, 2 fireplaces, walkout family room, six (6) panel doors, 2 decks and a screened in porch. This well designed home is well maintained and a perfect rental property with $33,290 gross income for 2014. Home has current rental license and is with the Eagle Ridge Inn rental program. Sale subject to GTA document transfer fee.
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • L O2 Brokerage Number: 481011435
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 2
  • Total Bathrooms: 4
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1115

Schools

  • Elementary School #2: Galena

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2017
  • Taxes: 6060

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Sep 27, 2018
Sold by
55 Park Plaza Corp
Bought by
Sage Timothy M
Seller's Agent
KELLY LAZORE
CHOICE REALTY
Buyer's Agent
Gary Conlon
CHOICE REALTY
List Price
$288,000
Sold Price
$258,000
Premium/Discount to List
-$30,000
-10.42%
Current Estimated Value
$485,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,399
Avg. Annual Appreciation
9.32%
Original Mortgage
$193,500
Outstanding Balance
$168,744
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$316,655
Source: Public Records

Range of Values:

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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
Sage Timothy M $258,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sage Timothy M $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $258,000 -10.4% $83 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $288,000 -- $92 / 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 $9,239 $133,635 $6,215 $127,420
2023 $7,724 $109,010 $5,070 $103,940
2022 $7,724 $92,965 $4,324 $88,641
2021 $6,616 $85,999 $4,000 $81,999
2020 $6,367 $80,561 $3,994 $76,567
2019 $6,321 $80,561 $3,994 $76,567
2018 $6,186 $80,682 $4,000 $76,682
2017 $6,060 $80,682 $4,000 $76,682
2016 $6,039 $81,965 $6,209 $75,756
2015 $6,053 $81,965 $6,209 $75,756
2014 $6,100 $87,406 $6,621 $80,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 119925

NorthWest Illinois Alliance of REALTORS®

APN: 06-412-007-00