NOT LISTED FOR SALE

28 Lookout Trace Galena, IL 61036

Estimated Value: $225,000 - $297,000

2 Beds
2 Baths
1,344 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $109,500 $81 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,717/month

823 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Wood Burning Fireplace
  • Wooded Lot
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

(js48) This Galena Territory Ridgetopper home is situated on a wooded homesite surrounded by mature trees and bordered on two sides by greenspace (property that can not be developed). Panoramic views can be enjoyed from the spacious deck area. This home is the perfect size and price for a get-a-way second home. The home features an open floor plan with a wood burning fireplace. There are two bedrooms and two baths on the main level and extra sleeping space can be found in the loft area which can serve as a 3rd bedroom. The spiral staircase gives interior access to the finished lower level space where you will find the bumper pool table. Recent improvements include: dishwasher, washer, roof 2007, water heater, and deck stained in 2011. The home is being sold furnished and is A+ rental program (888-801-3111). MOTIVATED SELLER - HOME PRICED TO SELL!!

Last Buyer's Agent

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1981

Lot Details

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

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1981

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Panorama
  • Electric: Circuit Breaker
  • Additional Room 6: Upper, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 896
  • Estimated Below Grade Finished Sq Ft: 192
  • Front: 121.6
  • General Features: Deck, Laundry Basement
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 1.23
  • Rear: 111.4
  • Side 1: 455
  • Side 2: 476
  • Type: House
  • Agent Only_ L A1 User Code: F_116
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 1344
  • Estimated Upper Sq Ft: 256
  • Garage Type Driveway: Asphalt, None
  • Pertinent Facts: (js48) This Galena Territory Ridgetopper home is situated on a wooded homesite surrounded by mature trees and bordered on two sides by greenspace (property that can not be developed). Panoramic views can be enjoyed from the spacious deck area. This home is the perfect size and price for a get-a-way second home. The home features an open floor plan with a wood burning fireplace. There are two bedrooms and two baths on the main level and extra sleeping space can be found in the loft area which can serve as a 3rd bedroom. The spiral staircase gives interior access to the finished lower level space where you will find the bumper pool table. Recent improvements include: dishwasher, washer, roof 2007, water heater, and deck stained in 2011. The home is being sold furnished and is A+ rental program (888-801-3111). MOTIVATED SELLER - HOME PRICED TO SELL!!
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478027388
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 81.47
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1079

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge
  • Elementary School #2: River Ridge

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2013
  • Taxes: 2770

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2012
Closed on
Nov 7, 2014
Sold by
Potter Donald W and Potter Suzanne B
Bought by
Mueller Karl K and Mueller Joanna K
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$159,900
Sold Price
$109,500
Premium/Discount to List
-$50,400
-31.52%
Current Estimated Value
$257,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,746
Avg. Annual Appreciation
8.11%
Original Mortgage
$87,600
Outstanding Balance
$69,190
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$188,056
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
Mueller Karl K $109,600 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Karl K $87,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2014 11/07/14 Sold $109,500 -31.5% $81 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
06/16/2012 06/16/12 For Sale $159,900 -- $119 / 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 $3,138 $61,465 $2,976 $58,489
2023 $2,991 $53,719 $2,601 $51,118
2022 $2,991 $40,089 $1,941 $38,148
2021 $2,469 $37,178 $1,800 $35,378
2020 $2,415 $35,471 $1,627 $33,844
2019 $2,367 $34,878 $1,600 $33,278
2018 $2,333 $35,306 $1,620 $33,686
2017 $2,293 $35,306 $1,620 $33,686
2016 $2,823 $44,302 $14,689 $29,613
2015 $2,808 $44,302 $14,689 $29,613
2014 $2,770 $47,244 $15,664 $31,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 111181

NorthWest Illinois Alliance of REALTORS®

APN: 08-112-014-00