S
Seller's Agent in 2025
STEFANIA PEPPLE
JIM SULLIVAN REALTY
(815) 238-2445
2 in this area
3 Total Sales
448 Territory Dr Galena, IL 61036
Estimated Value: $694,000 - $728,000
5
Beds
4.5
Baths
4,575
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Breakfast Area or Nook
- River Ridge Middle School Rated 10
- 2 Fireplaces
- Wet Bar
About This Home
As of December 2025REDUCED! Welcome to your dream home with passive income potential! This stunning 5-bedroom, 4.5-bathroom ranch-style house in The Galena Territory is now available for sale. Boasting a rental license, this property offers not just a luxurious living space but also an opportunity for additional income. As you step inside, you'll be greeted by the expansive living room adorned with large windows framing breathtaking views of the surrounding valley. The seamless flow leads to the dining room and kitchen, featuring a built-in breakfast bar and a cozy breakfast nook, perfect for enjoying your morning coffee. Adjacent to the kitchen is a light-filled sunroom, adding charm and tranquility to your daily routine. Convenience meets functionality with the laundry room and attached garage conveniently located off the kitchen. The main level also hosts a spacious master bedroom with a private deck overlooking the picturesque landscape, accompanied by an extravagant master bathroom boasting two large walk-in closets. An additional bedroom with an adjoining full bathroom completes the main level. Descend to the lower level, where another expansive entertaining area awaits, featuring a corner fireplace, a pool table, and a built-in wet bar. Recently updated with brand new vinyl plank flooring, updating the space to a modern aesthetic without sacrificing durability. Three well-appointed bedrooms provide ample space for guests or family members. Step outside to enjoy the outdoors from the rear deck, patio, or the inviting fire pit area with limestone accents. Practicality is key, with a large storage closet currently utilized as a supply closet for the rental, and an additional space that could be configured as a second laundry room. Plus, rest assured knowing that the septic system has been brought up to code for added peace of mind. Located in The Galena Territory's resort core on Territory Drive, this home offers access to the owner's club just down the street, where you can enjoy amenities such as indoor and outdoor pools, a fitness center, basketball courts, and more. Don't miss out on this exceptional opportunity to own a luxurious home with income potential in a sought-after location. Square footage is approximate and sourced from a set of plans. Schedule your viewing today and experience the epitome of upscale living in The Galena Territory!
Last Agent to Sell the Property
JIM SULLIVAN REALTY License #475.182444 Listed on: 02/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,077
Year Built
- Built in 1997
Lot Details
- 40,511 Sq Ft Lot
HOA Fees
- $113 Monthly HOA Fees
Home Design
- Ranch Style House
- Shingle Roof
- Wood Siding
Interior Spaces
- Wet Bar
- 2 Fireplaces
- Gas Fireplace
- Window Treatments
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Stove
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 2 Car Garage
- Driveway
Outdoor Features
- Deck
- Patio
- Fire Pit
Schools
- River Ridge Elementary And Middle School
- River Ridge 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2024
Closed on
Dec 12, 2025
Sold by
Pepple Olen and Pepple Michiko S
Bought by
Arash Nouri
Seller's Agent
STEFANIA PEPPLE
JIM SULLIVAN REALTY
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$729,000
Sold Price
$705,000
Premium/Discount to List
-$24,000
-3.29%
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,794
Avg. Annual Appreciation
1.11%
Original Mortgage
$634,500
Outstanding Balance
$628,108
Interest Rate
0.65%
Mortgage Type
Construction
Estimated Equity
$79,858
Purchase Details
Listed on
Dec 15, 2017
Closed on
Mar 13, 2020
Sold by
Martin Duane E and Martin Mary E
Bought by
Pepple Olen J
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
STEFANIA PEPPLE
JIM SULLIVAN REALTY
List Price
$489,900
Sold Price
$392,000
Premium/Discount to List
-$97,900
-19.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$352,800
Interest Rate
3.37%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 28, 2008
Bought by
Martin Duane and Martin Mary Ellen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arash Nouri | $705,000 | Attorney Only | |
| Pepple Olen J | $392,000 | Security First Title | |
| Martin Duane | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arash Nouri | $634,500 | |
| Previous Owner | Pepple Olen J | $352,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | Sold | $705,000 | -3.3% | $154 / Sq Ft | |
| 11/14/2025 11/14/25 | Pending | -- | -- | -- | |
| 02/18/2025 02/18/25 | For Sale | $729,000 | +3.4% | $159 / Sq Ft | |
| 02/14/2025 02/14/25 | Off Market | $705,000 | -- | -- | |
| 08/28/2024 08/28/24 | Price Changed | $729,000 | -2.7% | $159 / Sq Ft | |
| 02/19/2024 02/19/24 | For Sale | $749,000 | +91.1% | $164 / Sq Ft | |
| 03/13/2020 03/13/20 | Sold | $392,000 | -20.0% | $88 / Sq Ft | View Prior Sale |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- | |
| 12/15/2017 12/15/17 | For Sale | $489,900 | -- | $110 / 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 | $10,968 | $214,825 | $33,520 | $181,305 |
| 2023 | $10,452 | $187,752 | $29,296 | $158,456 |
| 2022 | $10,452 | $140,114 | $21,863 | $118,251 |
| 2021 | $8,628 | $129,939 | $20,275 | $109,664 |
| 2020 | $6,426 | $94,396 | $20,373 | $74,023 |
| 2019 | $6,299 | $92,818 | $20,032 | $72,786 |
| 2018 | $6,208 | $93,955 | $20,277 | $73,678 |
| 2017 | $6,102 | $93,955 | $20,277 | $73,678 |
| 2016 | $5,952 | $93,414 | $20,283 | $73,131 |
| 2015 | $5,921 | $93,414 | $20,283 | $73,131 |
| 2014 | $5,840 | $99,615 | $21,629 | $77,986 |
Source: Public Records
Agents Affiliated with this Home
-
STEFANIA PEPPLE
-
Damon Heim
Buyer's Agent in 2025
Damon Heim
COLDWELL BANKER NETWORK REALTY
(815) 266-2427
444 in this area
471 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202400637
APN: 08-420-039-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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