NOT LISTED FOR SALE

3 Gear St Galena, IL 61036

Estimated Value: $175,000 - $222,000

3 Beds
1 Bath
1,315 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $160,000 $122 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,403/month

36 Days on Market

Highlights

  • River View
  • Deck
  • Water Softener
  • Galena Primary School Rated A-
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of October 2022

Location, location, location. View the Galena River & just a block from Downtown Galena. This 3 bedroom home offers 2 bedrooms on the main level & additional large bedroom & family room in the lower level. Main level offers original wood floors in the dining room, a laundry room, full bath with walk in shower, & newer carpet in the living room. Landscaping, deck, & exterior painting of the home was completed in 2018. New wall a/c unit July 2022. Two stall heated garage at the back of the home offers a work station area (room in garage will be removed to offer the 2 full parking stalls). Lower level has a location in utility room where an additional bathroom could be added. Seller will be relocating by Dec 1st, 2022 & asks to close at that time. Seller is related to Listing Agent.

Last Agent to Sell the Property

Angela Stodden

KELLER WILLIAMS REALTY SIGNATURE License #471003889 Listed on: 07/28/2022

KELLER WILLIAMS REALTY SIGNATURE

Last Buyer's Agent

ERIC ANDERSON

Eagle Ridge Realty License #475185121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Lot Details

  • 7,405

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • River Views
  • Finished Basement
  • Partial Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener

Additional Features

  • Deck
  • 7,405 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Smoke Detectors, Window Treatments
  • Road Frontage: City/Town
  • Type: Water View, City/Town, River View
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 339
  • Exemptions: Owner
  • General Features: Deck, Laundry 1st Floor, L.L. Finished Space, Main Floor Master
  • Grid: Galena
  • Legal Description: Owen's sub of lots 8 & 9 Lot 3
  • Lot Acreage: 0.17
  • Lvt Date: 07/28/2022
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_536
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 1315
  • Garage Type Driveway: Asphalt, Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Location, location, location. View the Galena River & just a block from Downtown Galena. This 3 bedroom home offers 2 bedrooms on the main level & additional large bedroom & family room in the lower level. Main level offers original wood floors in the dining room, a laundry room, full bath with walk in shower, & newer carpet in the living room. Landscaping, deck, & exterior painting of the home was completed in 2018. New wall a/c unit July 2022. Two stall heated garage at the back of the home offers a work station area (room in garage will be removed to offer the 2 full parking stalls). Lower level has a location in utility room where an additional bathroom could be added. Seller will be relocating by Dec 1st, 2022 & asks to close at that time. Seller is related to Listing Agent.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 976
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 9x17.4, On Level: Main
  • Basement: Finished
  • Bedroom 2: Dimensions: 9x9.6, On Level: Main
  • Bedroom 3: Dimensions: 12.7x14.6, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 14x9.1
  • Family Room: Yes, On Level: Lower, Dimensions: 18.9x8.11
  • Full Bathrooms: 1
  • Living Room: Yes, On Level: Main, Dimensions: 19x12.9
  • Price Per Sq Ft: 121.67
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Wall Unit, Window Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Natural Gas

Schools

  • School District: Galena
  • Elementary School: Galena
  • Middle School: Galena
  • High School: Galena

Tax Info

  • Year: 2021
  • Taxes: 2823

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 21, 2014
Sold by
Richardson Betty J Trust
Bought by
Bingham David L
List Price
$120,000
Sold Price
$107,500
Premium/Discount to List
-$12,500
-10.42%
Current Estimated Value
$195,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,216
Avg. Annual Appreciation
5.71%
Original Mortgage
$102,000
Outstanding Balance
$78,501
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$117,215
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Bingham David L $107,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bingham David L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $160,000 -15.8% $122 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $190,000 +76.7% $144 / Sq Ft
11/25/2014 11/25/14 Sold $107,500 -10.4% $110 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $120,000 -- $123 / 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 $4,132 $53,587 $3,333 $50,254
2023 $3,941 $50,045 $2,909 $47,136
2022 $3,941 $42,229 $2,455 $39,774
2021 $2,823 $38,903 $2,262 $36,641
2020 $2,660 $36,118 $2,100 $34,018
2019 $2,604 $35,673 $2,089 $33,584
2018 $2,631 $36,704 $2,149 $34,555
2017 $3,013 $35,787 $2,095 $33,692
2016 $2,948 $35,787 $2,095 $33,692
2015 $2,351 $28,389 $2,095 $26,294
2014 $1,373 $28,389 $2,095 $26,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204974

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-255-00