NOT LISTED FOR SALE

36 Lookout Trace Galena, IL 61036

Estimated Value: $399,000 - $641,000

5 Beds
4 Baths
3,195 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $265,000 $83 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,247/month

56 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Fireplaces
  • River Ridge Middle School Rated 10
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

Beautifully updated and well appointed contemporary nestled within the trees on a 1.12 acre treed lot perched atop Lookout Trace near end of cul-de-sac offering comfort, privacy, and nature. Dramatic two story entry leads to open and airy living room with lots of glass, vaulted ceilings, and stunning woodburning fireplace with gorgeous wood surround and tile inlay. Living room feeds to large dining area ideal for entertaining that opens to the tastefully updated kitchen with granite counters, eat-at breakfast island, loads of cabinetry, and stainless steel appliances. Newly updated rear deck spans the length of the house, is accessed from living and dining areas, and offers beautiful treed views and seasonal glimpses to the valley below. Spacious upper level master suite has vaulted ceilings, beautiful views, and a private bath with whirlpool tub, separate shower, updated tile and fixtures, double vanity, and walk-in closet. Huge walk-out lower level houses large family with additional woodburning fireplace, walk-out access to rear patio, two full bathrooms with updated tile and fixtures, two large guest bedrooms with views to the rear, and good sized storage room. Additional features include main level laundry room with cabinetry, attached two car garage, native plant landscaping, and striking Brazilian cherry floors that span much of the main level and also the master bedroom. Convenient location to Property Owners' Club, Lake Galena, and Eagle Ridge Resort and Spa.

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 01/20/2016

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

SCOTT ETTLEMAN

CHOICE REALTY License #475130158

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1991

Lot Details

  • 1.12 Acre Lot
  • Wooded Lot

HOA Fees

  • $91 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

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
  • Driveway

Outdoor Features

  • Deck

Schools

  • Scales Mound Elementary And Middle School
  • Scales Mound High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,832

Year Built

Built in 1991

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Type: Wooded
  • Electric: Circuit Breaker
  • Additional Room 5: On Level: Lower
  • Additional Room 6: Lower, On Level: Lower
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1364
  • Estimated Below Grade Finished Sq Ft: 1091
  • Front: 160
  • General Features: Deck, Laundry 1st Floor
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 1.12
  • Lvt Date: 01/26/2016
  • Rear: 94.41
  • Side 1: 376.63
  • Side 2: 406.66
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 3195
  • Estimated Upper Sq Ft: 740
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Pertinent Facts: Beautifully updated and well appointed contemporary nestled within the trees on a 1.12 acre treed lot perched atop Lookout Trace near end of cul-de-sac offering comfort, privacy, and nature. Dramatic two story entry leads to open and airy living room with lots of glass, vaulted ceilings, and stunning woodburning fireplace with gorgeous wood surround and tile inlay. Living room feeds to large dining area ideal for entertaining that opens to the tastefully updated kitchen with granite counters, eat-at breakfast island, loads of cabinetry, and stainless steel appliances. Newly updated rear deck spans the length of the house, is accessed from living and dining areas, and offers beautiful treed views and seasonal glimpses to the valley below. Spacious upper level master suite has vaulted ceilings, beautiful views, and a private bath with whirlpool tub, separate shower, updated tile and fixtures, double vanity, and walk-in closet. Huge walk-out lower level houses large family with additional woodburning fireplace, walk-out access to rear patio, two full bathrooms with updated tile and fixtures, two large guest bedrooms with views to the rear, and good sized storage room. Additional features include main level laundry room with cabinetry, attached two car garage, native plant landscaping, and striking Brazilian cherry floors that span much of the main level and also the master bedroom. Convenient location to Property Owners' Club, Lake Galena, and Eagle Ridge Resort and Spa.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 481011435
  • Special Features: None
  • Property Sub Type: Detached

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: Main
  • 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
  • Price Per Sq Ft: 82.94
  • Total Bathrooms: 4
  • Basement: Yes

Exterior Features

  • Exterior: 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: 1086

Schools

  • School District: Scales Mound
  • Elementary School: Scales Mound
  • Middle School: Scales Mound
  • High School: Scales Mound
  • Elementary School #2: Scales Mound

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2014
  • Taxes: 3832

MLS Schools

  • HighSchool: Scales Mound
  • School District: Scales Mound
  • Middle School: Scales Mound

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Apr 29, 2016
Sold by
Martin Janna M
Bought by
Lunetto Joseph J and Lunetto Geraldine A
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
SCOTT ETTLEMAN
CHOICE REALTY
List Price
$288,000
Sold Price
$265,000
Premium/Discount to List
-$23,000
-7.99%
Current Estimated Value
$481,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,535
Avg. Annual Appreciation
6.51%
Original Mortgage
$212,000
Outstanding Balance
$169,151
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$312,384
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
Lunetto Joseph J $264,667 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lunetto Joseph J $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $265,000 -8.0% $83 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $288,000 -- $90 / 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 $7,230 $147,533 $2,683 $144,850
2023 $4,367 $128,940 $2,345 $126,595
2022 $4,367 $96,224 $1,750 $94,474
2021 $5,176 $89,237 $1,623 $87,614
2020 $5,288 $88,075 $1,468 $86,607
2019 $5,276 $86,602 $1,443 $85,159
2018 $5,248 $87,663 $1,461 $86,202
2017 $5,211 $87,663 $1,461 $86,202
2016 $3,817 $62,963 $10,655 $52,308
2015 $3,771 $62,963 $10,655 $52,308
2014 $3,878 $67,143 $11,363 $55,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 117230

NorthWest Illinois Alliance of REALTORS®

APN: 08-117-013-00