NOT LISTED FOR SALE

42 Lookout Trace Galena, IL 61036

Estimated Value: $350,000 - $392,000

3 Beds
3 Baths
2,360 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $300,000 $127 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,373/month

Highlights

  • Solar Power System
  • Countryside Views
  • Wooded Lot
  • River Ridge Middle School Rated 10
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2022

If privacy and seclusion are what you are looking for, this 3BR, 3 Bath, 3 Level home, centrally located and situated high on a 1.91 acres bluff is perfect for you. This unique Galena Territory home is perfect for your getaway weekend or full-time residence. Many recent updates including 2021 high efficiency furnace, 2021 new washer and dryer, 2021 new 5 Burner Whirlpool Gas Range, 2019 new refrigerator, 2021 tankless water heater, 2021 detached 2 stall garage and 2021 solar panels installed on both home and 2 stall garage. You enter the home through the welcoming air-lock entryway which leads to the spacious living room with a cathedral wood clad ceiling and recessed lighting. A Wesco ceramic woodstove, oversized windows and 2 patio doors from which to enjoy the seasonal views from the deck complete this main living area. The galley kitchen features an abundance of cabinetry and the new 5 burner gas stove. Natural lighting is enjoyed from both the surrounding windows and 3 skylights in the dining area. A main level bedroom and full bath complete this floor. The screened-in porch is access though patio doors in the kitchen as well. The upper level boasts a master suite complete with full bath and whirlpool tub. The loft area is perfect for an office, library or reading/relaxing nook. The walk-out lower level features a large family room with patio door access to enjoy Mother Nature at her best. There is also an additional bedroom, full bath, finished laundry room, and mechanical room on the lower level. The septic tank was replaced in 2018. This is a must see to truly appreciate this move-in ready home. **Seller to respond to any and all offers after 12:00 noon on Thursday, April 28, 2022.**

Last Agent to Sell the Property

Stephen Henry Clay

JIM SULLIVAN REALTY License #475134749 Listed on: 04/20/2022

Co-Listed By

KAREN CLAY

JIM SULLIVAN REALTY License #475156072

Last Buyer's Agent

David Bisenius

COLDWELL BANKER NETWORK REALTY License #471004515

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,636

Lot Details

  • 1.91 Acre Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Countryside Views

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 4 Car Garage
  • Tandem Parking
  • Gravel Driveway

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Deck
  • Fire Pit
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Tankless Water Heater
  • Fuel Tank
  • Septic System

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,636

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, CO Detectors, Countertop-Solid Surface, Smoke Detectors, Whirlpool Tub, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Wooded, Country View, Covenants, Panorama, Restrictions, Subdivision, Rural
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 947
  • Estimated Below Grade Finished Sq Ft: 700
  • Front: 43.98
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, L.L. Finished Space, Out Building(s), Skylight(s), Fire-Pit/Fireplace, Laundry Basement, Porch Screened, Solar Panels
  • Grid: Galena Territory
  • Legal Description: THE GALENA TERRITORY SHENANDOAH UNIT 17 LOT 10
  • Lot Acreage: 1.91
  • Lvt Date: 04/21/2022
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 372.84
  • Side 1: 382.48
  • Side 2: 416.28
  • Stove Range Fuel: Gas
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_9245
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 2360
  • Estimated Upper Sq Ft: 713
  • Garage Type Driveway: Detached, Gravel, Tandem
  • Hold Earnest Money Y N: No
  • Pertinent Facts: If privacy and seclusion are what you are looking for, this 3BR, 3 Bath, 3 Level home, centrally located and situated high on a 1.91 acres bluff is perfect for you. This unique Galena Territory home is perfect for your getaway weekend or full-time residence. Many recent updates including 2021 high efficiency furnace, 2021 new washer and dryer, 2021 new 5 Burner Whirlpool Gas Range, 2019 new refrigerator, 2021 tankless water heater, 2021 detached 2 stall garage and 2021 solar panels installed on both home and 2 stall garage. You enter the home through the welcoming air-lock entryway which leads to the spacious living room with a cathedral wood clad ceiling and recessed lighting. A Wesco ceramic woodstove, oversized windows and 2 patio doors from which to enjoy the seasonal views from the deck complete this main living area. The galley kitchen features an abundance of cabinetry and the new 5 burner gas stove. Natural lighting is enjoyed from both the surrounding windows and 3 skylights in the dining area. A main level bedroom and full bath complete this floor. The screened-in porch is access though patio doors in the kitchen as well. The upper level boasts a master suite complete with full bath and whirlpool tub. The loft area is perfect for an office, library or reading/relaxing nook. The walk-out lower level features a large family room with patio door access to enjoy Mother Nature at her best. There is also an additional bedroom, full bath, finished laundry room, and mechanical room on the lower level. The septic tank was replaced in 2018. This is a must see to truly appreciate this move-in ready home. **Seller to respond to any and all offers after 12:00 noon on Thursday, April 28, 2022.**
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1660
  • L O1 Brokerage Number: 478012972
  • L O2 Brokerage Number: 478012972
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13'x11'1, On Level: Upper
  • Fireplace Type: Wood
  • Basement: Full Exposure, Finished
  • Bedroom 2: Dimensions: 12'1x11'1, On Level: Main
  • Bedroom 3: Dimensions: 13'2x10'7, On Level: Lower
  • Family Room: Yes, On Level: Lower, Dimensions: 17'10x15'1
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 19'5x11', On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18'5x15'1
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 127.12
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric, Propane, Solar, Wood
  • Sewer: Septic
  • Water: City/Community
  • Water Heater: Tankless

Schools

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

Tax Info

  • Year: 2020
  • Taxes: 3636

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
Apr 20, 2022
Closed on
Jun 13, 2022
Sold by
Slouka Penelope
Bought by
Gentry Marcos and Gentry Allison
Seller's Agent
Stephen Henry Clay
JIM SULLIVAN REALTY
Buyer's Agent
David Bisenius
COLDWELL BANKER NETWORK REALTY
List Price
$324,500
Sold Price
$300,000
Premium/Discount to List
-$24,500
-7.55%
Current Estimated Value
$370,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,816
Avg. Annual Appreciation
6.55%
Original Mortgage
$240,000
Outstanding Balance
$228,849
Interest Rate
5.52%
Mortgage Type
Construction
Estimated Equity
$141,967

Purchase Details

Listed on
Jun 7, 2018
Closed on
Sep 13, 2018
Sold by
Illinois Bk & Trust
Bought by
Slouka George and Slouka Penelope
Seller's Agent
Stephen Henry Clay
JIM SULLIVAN REALTY
Buyer's Agent
Stephen Henry Clay
JIM SULLIVAN REALTY
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.30%
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
Gentry Marcos $300,000 Wilkinson Title Co
Slouka George $150,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Marcos $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $300,000 -7.6% $127 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $324,500 +116.3% $138 / Sq Ft
09/13/2018 09/13/18 Sold $150,000 -11.5% $64 / Sq Ft View Prior Sale
08/05/2018 08/05/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $169,500 -- $72 / 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 $4,886 $92,269 $4,596 $87,673
2023 $4,658 $80,641 $4,017 $76,624
2022 $4,658 $59,243 $2,998 $56,245
2021 $3,637 $53,118 $2,780 $50,338
2020 $3,505 $50,112 $2,515 $47,597
2019 $3,438 $49,274 $2,473 $46,801
2018 $4,719 $68,930 $2,503 $66,427
2017 $4,686 $68,930 $2,503 $66,427
2016 $4,641 $69,258 $18,252 $51,006
2015 $4,585 $69,258 $18,252 $51,006
2014 $4,684 $73,856 $19,464 $54,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202202329

NorthWest Illinois Alliance of REALTORS®

APN: 08-117-010-00