NOT LISTED FOR SALE

4 Settler Ln Galena, IL 61036

Estimated Value: $143,000 - $171,000

1 Bed
1 Bath
730 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $75,000 $103 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,160/month

82 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Central Air
  • Galena Primary School Rated A-
  • Solid Surface Countertops
  • Baseboard Heating

About This Home

As of November 2020

4 Settler Lane is a very well maintained 1 bedroom, 1 bath Washburne style cottage in the heart of the Galena Territory. Cozy cottage with a wood burning fireplace, and convenient main level living offers a perfect get away for all seasons to be enjoyed. Private! Location! Location! is the attraction as the property is minutes away from Eagle Ridge Resort and Spa, championship golf courses, Lake Galena, Shenandoah riding stables , hiking and cross country ski trails all within the wooded majestic Galena Territory. Walk out to the deck off the main level kitchen area and have peace and quiet surrounded by an abundance of wooded trees. This single family house can be great home away from home or an investment property. 4 Settler Lane has an active rental license and is currently rented through the Eagle Ridge resort rental program. The property is completely turnkey, all you have to do is bring your suitcase. Being sold furnished; furnishings conveyed on a separate bill of sale at closing. The sofa on the first floor is a hide a bed so the house easily sleeps 4. The unit is in the Eagle Ridge Resort Rental Program (Unit # SM04 ) Check availability and key access with Eagle Ridge Resort. Please call Michael Ferry to notify prior to showing as a courtesy. 815.990.9745.

Last Agent to Sell the Property

MICHAEL FERRY

CHOICE REALTY License #471022574 Listed on: 07/30/2020

Last Buyer's Agent

WENDIE HORTON

CHOICE REALTY OF GALENA License #475.187286

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,942

Lot Details

  • 1,133

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Wooded Lot

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,942

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Interior Amenities: CO Detectors, Countertop-Solid Surface, Smoke Detectors, Window Treatments
  • Type: Wooded
  • Electric: Circuit Breaker
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 480
  • General Features: Deck, Laundry 2nd Floor
  • Hoa Fee Frequency: Yearly
  • Style: Townhouse
  • Type: Condominium
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Agent Only_ Designated Managing Broker Y N: No
  • Agent Only_ L A1 User Code: F_9745
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 730
  • Estimated Upper Sq Ft: 250
  • Garage Type Driveway: None
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: 04
  • Pertinent Facts: 4 Settler Lane is a very well maintained 1 bedroom, 1 bath Washburne style cottage in the heart of the Galena Territory. Cozy cottage with a wood burning fireplace, and convenient main level living offers a perfect get away for all seasons to be enjoyed. Private! Location! Location! is the attraction as the property is minutes away from Eagle Ridge Resort and Spa, championship golf courses, Lake Galena, Shenandoah riding stables , hiking and cross country ski trails all within the wooded majestic Galena Territory. Walk out to the deck off the main level kitchen area and have peace and quiet surrounded by an abundance of wooded trees. This single family house can be great home away from home or an investment property. 4 Settler Lane has an active rental license and is currently rented through the Eagle Ridge resort rental program. The property is completely turnkey, all you have to do is bring your suitcase. Being sold furnished; furnishings conveyed on a separate bill of sale at closing. The sofa on the first floor is a hide a bed so the house easily sleeps 4. The unit is in the Eagle Ridge Resort Rental Program (Unit # SM04 ) Check availability and key access with Eagle Ridge Resort. Please call Michael Ferry to notify prior to showing as a courtesy. 815.990.9745.
  • Rental License: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bedrooms: 1
  • Basement Type: Slab
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Dining Room: On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Baseboard
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1137

Schools

  • Elementary School #2: Galena

Tax Info

  • Year: 2019
  • Taxes: 1942

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 25, 2020
Sold by
Aria Group Architects Inc
Bought by
Bonnetain Monique
Seller's Agent
MICHAEL FERRY
CHOICE REALTY
Buyer's Agent
WENDIE HORTON
CHOICE REALTY OF GALENA
List Price
$79,500
Sold Price
$75,000
Premium/Discount to List
-$4,500
-5.66%
Current Estimated Value
$159,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,315
Avg. Annual Appreciation
15.32%
Original Mortgage
$60,000
Outstanding Balance
$53,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$102,751
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bonnetain Monique $75,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonnetain Monique $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $75,000 -5.7% $103 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $79,500 -- $109 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,828 $40,897 $5,179 $35,718
2023 $2,364 $33,361 $4,225 $29,136
2022 $2,364 $27,088 $3,603 $23,485
2021 $1,928 $25,058 $3,333 $21,725
2020 $1,956 $24,746 $3,328 $21,418
2019 $1,942 $24,746 $3,328 $21,418
2018 $1,900 $24,783 $3,333 $21,450
2017 $1,861 $24,783 $3,333 $21,450
2016 $1,966 $26,681 $4,689 $21,992
2015 $1,970 $26,681 $4,689 $21,992
2014 $1,986 $28,452 $5,000 $23,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 160535

NorthWest Illinois Alliance of REALTORS®

APN: 06-410-001-04