NOT LISTED FOR SALE

401 Park Ave Galena, IL 61036

Estimated Value: $158,000 - $286,572

4 Beds
2 Baths
2,480 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $50,000 $20 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $1,480/month

33 Days on Market

Highlights

  • Detached Garage
  • Galena Primary School Rated A-
  • 5-minute walk to Grant Park

About This Home

As of December 2021

Historic colonial beauty in need of major renovation. Condemned by city until repairs are completed. Call city to get info. Home is on 3 lots and in one of the oldest areas of Galena. REO AUCTION PROPERTY- Seller DOES NOT ACTIVATE UTILITIES. Buyer should activate utilities, inspect, and confirm all listing information prior to making offer. Water cannot be turned on for any reason. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Buyers please request bidding information from buyer's agents.

Last Agent to Sell the Property

Lori Brown

Realhome Services & Solutions, Inc. License #475191460 Listed on: 11/04/2021

Last Buyer's Agent

Danielle Cline

DC Rise Real Estate License #475196235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • 1954

Lot Details

  • 0.52

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: from right onto Madison St, Turn left onto Park Ave
  • Lot Size: 22652
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 120

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5367.5
  • Tax Year: 2020

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

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $50,000 -27.4% $20 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $68,900 -- $28 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,034 $26,198 $12,624 $13,574
2023 $1,711 $21,371 $10,298 $11,073
2022 $1,711 $18,225 $8,782 $9,443
2021 $5,331 $60,979 $8,124 $52,855
2020 $5,368 $59,695 $8,126 $51,569
2019 $5,329 $59,695 $8,126 $51,569
2018 $5,206 $59,695 $8,126 $51,569
2017 $5,110 $59,695 $8,126 $51,569
2016 $3,959 $47,219 $8,125 $39,094
2015 $3,979 $47,219 $8,125 $39,094
2014 $3,784 $47,219 $8,125 $39,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263180

Midwest Real Estate Data (MRED)

APN: 06-500-035-00