NOT LISTED FOR SALE

38 Lookout Trace Galena, IL 61036

Estimated Value: $471,339 - $547,000

3 Beds
3 Baths
3,744 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $250,000 $67 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,376/month

141 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Granite Countertops
  • Wooded Lot
  • Whirlpool Bathtub
  • Screened Porch

About This Home

As of October 2020

Are you looking for the perfect weekend getaway, investment, or full time residence? You have found it. This contemporary 3 bedroom, 3 bath home has so much to offer. Many wide open spaces throughout the home. Lots of natural light through the large windows and skylights make for a nice open and airy feel. The main floor is the perfect area for entertaining with its open concept, a beautiful kitchen with granite counter-tops, nice sized area for dining room table and a large living room with wood burning fireplace. Enjoy the sights and sounds of nature from the screened in porch. There is a bedroom and a full bath on each floor, with the master having its own private bath. If you're an investor, you'll be thrilled to learn that the home currently has a rental license and a solid rental history. On top of all these great features, there is a large two car garage as well. You won't want to miss this one. Call today for your personal tour. Property may be subject to GTA document transfer fee. Covenants and Restrictions Apply.

Last Agent to Sell the Property

Garrett Hillary

KELLER WILLIAMS REALTY SIGNATURE License #475166902 Listed on: 03/16/2020

KELLER WILLIAMS REALTY SIGNATURE

Last Buyer's Agent

Misty Helgeson

CHOICE REALTY OF GALENA License #475.191359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Lot Details

  • 1.66 Acre Lot
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

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
  • Septic System

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, CO Detectors, Countertop-Granite, Smoke Detectors, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Additional Room 6: U, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1368
  • Estimated Below Grade Finished Sq Ft: 1008
  • General Features: Deck, Skylight(s), Deck-Leveled, Laundry Basement, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 1.66
  • Lvt Date: 03/16/2020
  • Type: House
  • Agent Only_ L A1 User Code: F_7837
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 3744
  • Estimated Upper Sq Ft: 1368
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Are you looking for the perfect weekend getaway, investment, or full time residence? You have found it. This contemporary 3 bedroom, 3 bath home has so much to offer. Many wide open spaces throughout the home. Lots of natural light through the large windows and skylights make for a nice open and airy feel. The main floor is the perfect area for entertaining with its open concept, a beautiful kitchen with granite counter-tops, nice sized area for dining room table and a large living room with wood burning fireplace. Enjoy the sights and sounds of nature from the screened in porch. There is a bedroom and a full bath on each floor, with the master having its own private bath. If you're an investor, you'll be thrilled to learn that the home currently has a rental license and a solid rental history. On top of all these great features, there is a large two car garage as well. You won't want to miss this one. Call today for your personal tour. Property may be subject to GTA document transfer fee. Covenants and Restrictions Apply.
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 477013866
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 66.77
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • 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

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

Tax Info

  • Year: 2018
  • Taxes: 6438

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
Mar 16, 2020
Closed on
Oct 2, 2020
Sold by
Protess David L and Protess Joan E
Bought by
Nevels Philip L
Seller's Agent
Garrett Hillary
KELLER WILLIAMS REALTY SIGNATURE
Buyer's Agent
Misty Helgeson
CHOICE REALTY OF GALENA
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Current Estimated Value
$504,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,085
Avg. Annual Appreciation
14.96%
Original Mortgage
$225,000
Outstanding Balance
$200,126
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$303,960

Purchase Details

Closed on
Oct 22, 2010
Sold by
Kiatkowski Thomas E
Bought by
Protess David L and Protess Joan E
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
Nevels Philip L $250,000 Security First Title
Protess David L $303,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevels Philip L $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $250,000 -16.4% $67 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $299,000 -- $80 / 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 $7,308 $138,018 $3,977 $134,041
2023 $6,967 $120,624 $3,476 $117,148
2022 $6,967 $90,018 $2,594 $87,424
2021 $5,716 $83,482 $2,406 $81,076
2020 $6,609 $94,489 $2,175 $92,314
2019 $6,483 $92,910 $2,139 $90,771
2018 $6,438 $94,048 $2,165 $91,883
2017 $6,393 $94,048 $2,165 $91,883
2016 $6,335 $94,543 $15,793 $78,750
2015 $6,259 $94,543 $15,793 $78,750
2014 $6,394 $100,820 $16,842 $83,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 122860

NorthWest Illinois Alliance of REALTORS®

APN: 08-117-012-00