NOT LISTED FOR SALE

21 Rapids Dr Galena, IL 61036

Estimated Value: $530,000 - $723,000

4 Beds
3.5 Baths
2,964 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $381,500 $129 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,490/month

22 Days on Market

Highlights

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

About This Home

As of August 2020

Listen to the rush of water as it passes over Thunder Bay Falls from this stunning contemporary perched high atop a limestone cliff overlooking Lake Galena offering absolutely breathtaking panoramas and endless lake views in one of the most unique and coveted locations The Galena Territory has to offer. Lake Galena is visible the second you enter the main floor offering an open and airy great room with floor to ceiling stone fireplace, dramatic wall of windows highlighting the beautiful waters beyond, and cathedral ceilings, separate and spacious dining area that feeds to a beautiful kitchen with solid surface counters, eat-at breakfast bar, upscale stainless appliances including two dishwashers, and an incredible vantage point of the living area and lake beyond combining to make a space ideal for entertaining, conveniently located laundry/mud room and half bath, and master suite with vaulted ceiling, more incredible lake views, two closets (one a walk-in), and luxurious master bath with tiled shower with built-in seat, double vanity with seated space between, and even a jetted tub with windows looking to the lake and beyond. Descend to the finished walk-out lower level and you are immediately greeted by a large, light and bright family room with room windows framing in the lake and surrounding woods, three comfortable guest bedrooms, two nicely appointed full baths (one private as part of a secondary suite), bonus room for hobby/office/den, and utility room with space for storage within and under stairs. Outdoor spaces include a generous rear deck and huge screened porch each offering the ability to take in the beauty of Lake Galena or the sounds of the spillway falls just beyond, as well as an expansive covered front porch looking over the manicured front yard and treed approach from the private end of cul-de-sac access. Extra deep two car garage allows ample room for vehicles and storage. Come experience a property that combines a distinctly unique setting, pristine lake views and the utmost in tranquility. **Total square footage is approximate and combines main level square footage from Jo Daviess Assessor and approximate lower level square footage with deduction of approximate unfinished utility room dimensions from total Assessor footprint. Parcel is combination of Thunder Bay 7, Lot 6 and Parcel 6 in Add. to Thunder Bay Unit 7. Lot dimensions combine sides due to irregular shape.

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 04/20/2020

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,610

Year Built

  • Built in 1999

Lot Details

  • 0.84 Acre Lot
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,964 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Lake Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,610

Year Built

Built in 1999

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Countertop-Solid Surface, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Type: Wooded, Covenants, Lake View, Panorama, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Additional Room 6: Main, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1564
  • Front: 42
  • General Features: Deck, Laundry 1st Floor, Porch Covered, Porch Screened
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.84
  • Rear: 168.51
  • Side 1: 315.03
  • Side 2: 282.51
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2964
  • Garage Type Driveway: Attached, Garage Remote/Opener, Gravel
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Listen to the rush of water as it passes over Thunder Bay Falls from this stunning contemporary perched high atop a limestone cliff overlooking Lake Galena offering absolutely breathtaking panoramas and endless lake views in one of the most unique and coveted locations The Galena Territory has to offer. Lake Galena is visible the second you enter the main floor offering an open and airy great room with floor to ceiling stone fireplace, dramatic wall of windows highlighting the beautiful waters beyond, and cathedral ceilings, separate and spacious dining area that feeds to a beautiful kitchen with solid surface counters, eat-at breakfast bar, upscale stainless appliances including two dishwashers, and an incredible vantage point of the living area and lake beyond combining to make a space ideal for entertaining, conveniently located laundry/mud room and half bath, and master suite with vaulted ceiling, more incredible lake views, two closets (one a walk-in), and luxurious master bath with tiled shower with built-in seat, double vanity with seated space between, and even a jetted tub with windows looking to the lake and beyond. Descend to the finished walk-out lower level and you are immediately greeted by a large, light and bright family room with room windows framing in the lake and surrounding woods, three comfortable guest bedrooms, two nicely appointed full baths (one private as part of a secondary suite), bonus room for hobby/office/den, and utility room with space for storage within and under stairs. Outdoor spaces include a generous rear deck and huge screened porch each offering the ability to take in the beauty of Lake Galena or the sounds of the spillway falls just beyond, as well as an expansive covered front porch looking over the manicured front yard and treed approach from the private end of cul-de-sac access. Extra deep two car garage allows ample room for vehicles and storage. Come experience a property that combines a distinctly unique setting, pristine lake views and the utmost in tranquility. **Total square footage is approximate and combines main level square footage from Jo Daviess Assessor and approximate lower level square footage with deduction of approximate unfinished utility room dimensions from total Assessor footprint. Parcel is combination of Thunder Bay 7, Lot 6 and Parcel 6 in Add. to Thunder Bay Unit 7. Lot dimensions combine sides due to irregular shape.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Wood
  • 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: 1137

Schools

  • Elementary School #2: Galena

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2018
  • Taxes: 8610

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Aug 12, 2020
Sold by
Kemper Willard E and Kemper Judy K
Bought by
Kubik Bryan E and Neighbor-Kubik Stephanie
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Peter Brennan
COLDWELL BANKER NETWORK REALTY
List Price
$429,900
Sold Price
$381,500
Premium/Discount to List
-$48,400
-11.26%
Current Estimated Value
$622,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,492
Avg. Annual Appreciation
9.38%
Original Mortgage
$306,000
Outstanding Balance
$272,687
Interest Rate
3.25%
Mortgage Type
Construction
Estimated Equity
$350,305

Purchase Details

Closed on
Nov 10, 2011
Sold by
Rapids Dr Llc
Bought by
Kemper Willard E and Kemper Judy K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kubik Bryan E $381,500 Gomez Title & Closing Co
Kemper Willard E $366,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kubik Bryan E $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $381,500 -11.3% $129 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $429,900 -- $145 / 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 $13,920 $201,328 $35,628 $165,700
2023 $11,636 $164,229 $29,063 $135,166
2022 $11,636 $140,055 $24,785 $115,270
2021 $9,779 $127,112 $22,928 $104,184
2020 $8,672 $109,725 $22,896 $86,829
2019 $8,610 $109,725 $22,896 $86,829
2018 $8,425 $109,889 $22,930 $86,959
2017 $8,253 $109,889 $22,930 $86,959
2016 $7,705 $104,568 $23,147 $81,421
2015 $7,722 $104,568 $23,147 $81,421
2014 $7,782 $111,511 $24,684 $86,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 123127

NorthWest Illinois Alliance of REALTORS®

APN: 06-207-006-00