NOT LISTED FOR SALE

3 Settler Ln Galena, IL 61036

Estimated Value: $180,398 - $232,000

2 Beds
1.5 Baths
730 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $205,000 $281 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,433/month

24 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Skylights
  • Galena Primary School Rated A-
  • Vaulted Ceiling
  • Central Air

About This Home

As of July 2023

Stunning 2-bedroom, 1.5-bathroom Settlement Cottage with an active rental license! This tastefully decorated property is sold furnished (Personal Property Agreement in associated documents, to be conveyed on a separate bill of sale) and ready for your rental business. You’ll find newer vinyl-plan flooring in the entryway, bathrooms, and kitchen, new carpeting throughout (2023), new AC (2022), new electric fireplace (2023), and new front storm door (2023). The main level includes a full bath with a subway-tiled tub and a rain shower head, a charming kitchen and dining area, and a large living room with two sitting areas that include a limestone fireplace. It has main-level laundry with a newer Samsung stacked washer and dryer. Upstairs you’ll find two lovely bedrooms, one bedroom with a dual-adjustable firmness mattress, and the other bedroom with an attached half-bath. The property offers season lake views from the back windows and deck. The back deck and front landing have recently (Jan 2022) been upgraded to engineered wood. There’s also a small storage shed attached to the backside of the house. There is a monthly HOA of $315 to the Eagle Ridge Townhouse Association in addition to the Annual $1,360 HOA to the Galena Territory Association. This property owned by the listing agent (IL licensed Managing Broker and office Designated Managing Broker). Seller will respond to any and all offers Thursday morning, April 27th but reserves the right to accept an offer before that time.

Last Agent to Sell the Property

Mark Sumpter

EAGLE RIDGE REALTY License #471021332 Listed on: 04/20/2023

Last Buyer's Agent

Kelly Kohlhaas

Century 21 Signature Real Estate License #471021836

Century 21 Signature Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1982

Lot Details

  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Window Treatments

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Association fees include lawn care, snow removal, pool access, water access, clubhouse, garbage
  • The community has rules related to covenants

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,340

Year Built

Built in 1982

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 480
  • Exemptions: Owner
  • Fee Includes: Lawn Care, Snow Removal, Pool Access, Water Access, Clubhouse, Garbage
  • General Features: Deck, Laundry 1st Floor, Pet Friendly, Skylight(s), Storage Shed
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: The Galena Territory, Eagle Ridge Unit D, Lot 1, Settler House No. 3 (from tax bill)
  • Lvt Date: 04/20/2023
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Half Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: Townhouse
  • Type: Condominium
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Agent Only_ Designated Managing Broker Y N: Yes
  • Agent Only_ L A1 User Code: F_1237
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 730
  • Estimated Upper Sq Ft: 250
  • Garage Type Driveway: Asphalt, None
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Stunning 2-bedroom, 1.5-bathroom Settlement Cottage with an active rental license! This tastefully decorated property is sold furnished (Personal Property Agreement in associated documents, to be conveyed on a separate bill of sale) and ready for your rental business. You’ll find newer vinyl-plan flooring in the entryway, bathrooms, and kitchen, new carpeting throughout (2023), new AC (2022), new electric fireplace (2023), and new front storm door (2023). The main level includes a full bath with a subway-tiled tub and a rain shower head, a charming kitchen and dining area, and a large living room with two sitting areas that include a limestone fireplace. It has main-level laundry with a newer Samsung stacked washer and dryer. Upstairs you’ll find two lovely bedrooms, one bedroom with a dual-adjustable firmness mattress, and the other bedroom with an attached half-bath. The property offers season lake views from the back windows and deck. The back deck and front landing have recently (Jan 2022) been upgraded to engineered wood. There’s also a small storage shed attached to the backside of the house. There is a monthly HOA of $315 to the Eagle Ridge Townhouse Association in addition to the Annual $1,360 HOA to the Galena Territory Association. This property owned by the listing agent (IL licensed Managing Broker and office Designated Managing Broker). Seller will respond to any and all offers Thursday morning, April 27th but reserves the right to accept an offer before that time.
  • Rental License: Yes
  • Estimated Above Grade Sq Ft: 730
  • L O1 Brokerage Number: 478027388
  • S O1 Brokerage Number: 478008747
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9'10"x8'9", On Level: Upper
  • Fireplace Type: Electric
  • Bedroom 2: Dimensions: 12'4"x11'3", On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: Combo/KitxCombo/Kit
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12'1"x9'5", On Level: Main
  • Living Room: No, On Level: Main, Dimensions: 19'4"x11'3"
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 280.82
  • Recreation Room: No
  • Total Bathrooms: 1.5

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1360

Schools

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

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2022
  • Taxes: 2340

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jul 7, 2023
Sold by
Walnut Ridge Rentals Llc
Bought by
Unwind Relax
Seller's Agent
Mark Sumpter
EAGLE RIDGE REALTY
Buyer's Agent
Kelly Kohlhaas
Century 21 Signature Real Estate
List Price
$205,000
Sold Price
$205,000
Views
194
Current Estimated Value
$200,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,900
Avg. Annual Appreciation
0.69%

Purchase Details

Listed on
Jun 2, 2018
Closed on
Sep 22, 2018
Sold by
Howard David J and Howard Lisa A
Bought by
Seger Bart L
Buyer's Agent
Jim Sullivan
JIM SULLIVAN REALTY
List Price
$92,000
Sold Price
$74,000
Premium/Discount to List
-$18,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.76%
Source: Public Records

Range of Values:

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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
Unwind Relax $205,000 --
Seger Bart L $74,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $205,000 0.0% $281 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $205,000 0.0% $281 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $205,000 +86.4% $281 / Sq Ft
05/10/2021 05/10/21 Sold $110,000 +0.1% $151 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $109,900 +48.5% $151 / Sq Ft
09/27/2018 09/27/18 Sold $74,000 -19.6% $101 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $92,000 -- $126 / 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 $3,042 $43,998 $5,179 $38,819
2023 $2,543 $35,891 $4,225 $31,666
2022 $2,543 $30,929 $3,603 $27,326
2021 $2,201 $28,611 $3,333 $25,278
2020 $1,534 $25,407 $3,328 $22,079
2019 $1,523 $25,407 $3,328 $22,079
2018 $1,951 $25,445 $3,333 $22,112
2017 $1,911 $25,445 $3,333 $22,112
2016 $1,971 $26,754 $4,689 $22,065
2015 $1,976 $26,754 $4,689 $22,065
2014 $1,991 $28,530 $5,000 $23,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301899

NorthWest Illinois Alliance of REALTORS®

APN: 06-410-001-03