NOT LISTED FOR SALE

487 Territory Dr Galena, IL 61036

Estimated Value: $407,000 - $504,000

5 Beds
3.5 Baths
3,240 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $390,000 $120 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,056/month

236 Days on Market

Highlights

  • Countryside Views
  • Covered Deck
  • Vaulted Ceiling
  • River Ridge Middle School Rated 10
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of May 2023

HUGE $20,000 Allowance to level DRIVEWAY and/or go towards NEW GARAGE, Plans Already DONE! OR use in any other way of YOUR CHOICE!!! This Freshly Updated Contemporary home has just been painted inside and had the floors stained in a beautiful grey tone to emphasize the newly painted black windows, trim home which is almost a whole acre! This House is Built for Entertaining!!!! Newly Stained floors and Paint in ’22, New Septic Tank ’20, New Kitchen remodel including SS Aplcs & Granite Ctrs in ’19, some windows and carpet in ’18, New siding w/ Paint & Tyvek in’17, 2 New A/C units in ’17, 2 New Heater Units in ’16, New Shingles in ’16. Located close to the Homeowners and Resort Core!!! Home comes complete with some Furnishings and and brand new custom Bedding! Includes a ONE YEAR HOME WARRANTY!!!

Last Agent to Sell the Property

ERIC ANDERSON

CHOICE REALTY OF GALENA License #475185121 Listed on: 07/01/2022

Last Buyer's Agent

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,535

Year Built

  • Built in 1992

Lot Details

  • 0.83 Acre Lot
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Countryside Views

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank
  • Septic System

Community Details

  • Association fees include pool access, clubhouse
  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,535

Year Built

Built in 1992

Lot Details

0.83 Acres

HOA Fees

$103 per month

Listing Details

  • Interior Amenities: Ceiling Fan(s), Ceiling-Vaults/Cathedral, Countertop-Granite, Whirlpool Tub, Window Treatments
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Country View, Covenants, Panorama, Restrictions, Subdivision, Valley
  • Electric: Circuit Breaker
  • Additional Room 5: 5th BR, Dimensions: 11'8"x10'8", On Level: Lower
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1502
  • Fee Includes: Pool Access, Clubhouse
  • Front: 145
  • General Features: Deck, Laundry 1st Floor, Main Floor Primary, Deck-Covered, Deck-Leveled, Porch Screened
  • Hoa Fee Frequency: Yearly
  • Legal Description: TO FOLLOW ON DEED
  • Lot Acreage: 0.83
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 149.52
  • Side 1: 255.76
  • Side 2: 239.33
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_4565
  • Egress: No
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 3240
  • Estimated Upper Sq Ft: 1698
  • Garage Type Driveway: Asphalt
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: HUGE $20,000 Allowance to level DRIVEWAY and/or go towards NEW GARAGE, Plans Already DONE! OR use in any other way of YOUR CHOICE!!! This Freshly Updated Contemporary home has just been painted inside and had the floors stained in a beautiful grey tone to emphasize the newly painted black windows, trim home which is almost a whole acre! This House is Built for Entertaining!!!! Newly Stained floors and Paint in ’22, New Septic Tank ’20, New Kitchen remodel including SS Aplcs & Granite Ctrs in ’19, some windows and carpet in ’18, New siding w/ Paint & Tyvek in’17, 2 New A/C units in ’17, 2 New Heater Units in ’16, New Shingles in ’16. Located close to the Homeowners and Resort Core!!! Home comes complete with some Furnishings and and brand new custom Bedding! Includes a ONE YEAR HOME WARRANTY!!!
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 3240
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 5
  • Basement Type: Slab
  • Master Bedroom: Dimensions: 15'6"x15'4", On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 15'x12'6", On Level: Lower
  • Bedroom 3: Dimensions: 12'2"x11'5", On Level: Lower
  • Bedroom 4: Dimensions: 12'2"x11'1", On Level: Lower
  • Dining Room: Yes, On Level: Main
  • Family Room: Yes, On Level: Lower, Dimensions: 22'2"x17'1"
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 12'2"x9'9", On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 35'3"x18'3"
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.5

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1230

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2021
  • Taxes: 4535

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
Jul 1, 2022
Closed on
May 8, 2023
Sold by
Ortiz Laura
Bought by
Williams Timothy R
Seller's Agent
ERIC ANDERSON
CHOICE REALTY OF GALENA
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$475,000
Sold Price
$390,000
Premium/Discount to List
-$85,000
-17.89%
Views
156
Current Estimated Value
$466,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,137
Avg. Annual Appreciation
6.43%
Original Mortgage
$370,500
Outstanding Balance
$359,878
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$106,259

Purchase Details

Listed on
Aug 8, 2020
Closed on
Jan 11, 2021
Sold by
Portion Linda S Trust
Bought by
Ortiz Ricardo and Ortiz Laura
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
ERIC ANDERSON
CHOICE REALTY OF GALENA
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$285,000
Interest Rate
2.74%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Timothy R $390,000 Wilkinson Title Co
Ortiz Ricardo $300,000 Simplifile Lc E-Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Timothy R $370,500
Previous Owner Ortiz Ricardo $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $390,000 -13.1% $120 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
08/30/2022 08/30/22 Price Changed $449,000 -5.5% $139 / Sq Ft
07/01/2022 07/01/22 For Sale $475,000 +58.3% $147 / Sq Ft
01/13/2021 01/13/21 Sold $300,000 -11.7% $88 / Sq Ft View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $339,900 -- $100 / 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 $6,010 $117,721 $2,017 $115,704
2023 $5,728 $102,885 $1,763 $101,122
2022 $5,728 $76,780 $1,316 $75,464
2021 $4,728 $71,204 $1,220 $69,984
2020 $4,536 $66,631 $1,103 $65,528
2019 $4,447 $65,518 $1,085 $64,433
2018 $4,382 $66,320 $1,098 $65,222
2017 $4,307 $66,320 $1,098 $65,222
2016 $4,208 $66,033 $8,007 $58,026
2015 $4,185 $66,033 $8,007 $58,026
2014 $4,128 $70,416 $8,538 $61,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204250

NorthWest Illinois Alliance of REALTORS®

APN: 08-419-015-00

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