NOT LISTED FOR SALE

481 Territory Dr Galena, IL 61036

Estimated Value: $34,000 - $200,000

0.99 Acre
$99,326 Price per Acre
43,124 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $32,000

Est. 245% increase in value since last sale

Current estimated payment $852/month

368 Days on Market

About This Lot

As of June 2023

If you're searching for a lot with Fantastic panoramic views and vistas, 481 Territory Drive is the perfect choice. This .99 acre lot features 180 views of the Galena Territory, Eagle Ridge Resort North Course and beyond. Close proximity to all the private amenities the Galena Territory has to offer. Utilities available at property to be connected when building. Septic required for this parcel. (Acreage and dimensions from County records.)

Last Agent to Sell the Property

Diane Self

DC Rise Real Estate License #475104134 Listed on: 05/20/2022

Last Buyer's Agent

Diane Self

DC Rise Real Estate License #475104134 Listed on: 05/20/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $766

Lot Details

  • 0.99 Acre Lot
  • Sloped Lot

HOA Fees

  • $113 Monthly HOA Fees

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Additional Features

  • Golf Course Views
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$766

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Class: LAND
  • Exemptions: Owner, Senior Freeze
  • Front: 236.85
  • General Features: Exposure Possible
  • Hoa Fee Frequency: Yearly
  • Legal Description: The Galena Territory Eagle Ridge Unit 19 Lot 18
  • Lot Acreage: 0.99
  • Lvt Date: 05/21/2022
  • Rear: 59.65
  • Type: Land
  • Buildable Lot: Yes
  • Builder Restricted: Yes
  • Side L: 285.03
  • Side R: 299.6
  • Agent Only_ L A1 User Code: F_53
  • Elementary School: River Ridge
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: If you're searching for a lot with Fantastic panoramic views and vistas, 481 Territory Drive is the perfect choice. This .99 acre lot features 180 views of the Galena Territory, Eagle Ridge Resort North Course and beyond. Close proximity to all the private amenities the Galena Territory has to offer. Utilities available at property to be connected when building. Septic required for this parcel. (Acreage and dimensions from County records.)
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic
  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 1360

Lot Info

  • Topography: Slope to Front
  • Land Features: Golf Course View

Tax Info

  • Year: 2021
  • Taxes: 766

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 27, 2023
Sold by
Kenneth L Mansfield Trust
Bought by
Pop Florin E
Seller's Agent
Diane Self
DC Rise Real Estate
Buyer's Agent
Diane Self
DC Rise Real Estate
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%
Views
54
Current Estimated Value
$110,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,333
Avg. Annual Appreciation
56.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pop Florin E $32,000 Chicago Title Northbrook
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $32,000 -15.8% --
05/23/2023 05/23/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $38,000 +18.8% --
01/25/2023 01/25/23 Off Market $32,000 -- --
05/20/2022 05/20/22 For Sale $38,000 -- --
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 $1,949 $38,164 $38,164 $0
2023 $1,885 $33,354 $33,354 $0
2022 $1,885 $24,891 $24,891 $0
2021 $1,533 $23,084 $23,084 $0
2020 $1,579 $23,196 $23,196 $0
2019 $1,548 $22,808 $22,808 $0
2018 $1,526 $23,087 $23,087 $0
2017 $1,499 $23,087 $23,087 $0
2016 $1,388 $21,786 $21,786 $0
2015 $1,381 $21,786 $21,786 $0
2014 $1,362 $23,232 $23,232 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202203105

NorthWest Illinois Alliance of REALTORS®

APN: 08-419-018-00