NOT LISTED FOR SALE

5 Basswood Ln Galena, IL 61036

Estimated Value: $464,066 - $562,000

4 Beds
3 Baths
2,970 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $305,000 $103 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,530/month

80 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Whirlpool Bathtub
  • River Ridge Middle School Rated 10
  • Ranch Style House
  • 2 Fireplaces

About This Home

As of January 2020

Main floor living with an open concept floor plan in this lovely home. The Main Level features a beautiful farmhouse style kitchen with shiplap, open shelving, painted cabinetry with granite counter tops, large custom island with custom wood counter top. Wood floors in kitchen, dining and living area. The Living Area features a floor to ceiling stone fireplace. Dining area leads to screened porch and large deck. Master suite has walk in closet, and spacious bath with custom tile work and whirlpool tub, double vanity and walk in shower. 2 additional bedrooms and bath are also on the main floor. Stylish laundry room with cabinetry and open shelving also on main floor. The Spacious walk out LL features another fieldstone fireplace, kitchen/wet bar with full size refrigerator and cabinetry. An additional bedroom and bath, leading to stamped patio, and large game room area or exercise rom.

Last Agent to Sell the Property

Shelly McCoy

Eagle Ridge Realty License #475131143 Listed on: 09/08/2019

Last Buyer's Agent

Angela Stodden

KELLER WILLIAMS REALTY SIGNATURE License #471003889

KELLER WILLIAMS REALTY SIGNATURE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,984

Year Built

  • Built in 2002

Lot Details

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

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • Wet Bar
  • 2 Fireplaces
  • Gas Fireplace
  • Screened Porch
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,984

Year Built

Built in 2002

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Interior Amenities: Bar-Wet, Countertop-Granite, Whirlpool Tub
  • Road Frontage: County/City Road
  • Type: Wooded, Panorama
  • Electric: Circuit Breaker
  • Additional Room 6: LL Kitchen
  • Additional Room 7: 16.5x20.11
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1635
  • Estimated Below Grade Finished Sq Ft: 1335
  • General Features: Deck, Laundry 1st Floor, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.85
  • Lvt Date: 09/10/2019
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_114
  • Egress: Yes
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 2970
  • Garage Type Driveway: Asphalt, Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Main floor living with an open concept floor plan in this lovely home. The Main Level features a beautiful farmhouse style kitchen with shiplap, open shelving, painted cabinetry with granite counter tops, large custom island with custom wood counter top. Wood floors in kitchen, dining and living area. The Living Area features a floor to ceiling stone fireplace. Dining area leads to screened porch and large deck. Master suite has walk in closet, and spacious bath with custom tile work and whirlpool tub, double vanity and walk in shower. 2 additional bedrooms and bath are also on the main floor. Stylish laundry room with cabinetry and open shelving also on main floor. The Spacious walk out LL features another fieldstone fireplace, kitchen/wet bar with full size refrigerator and cabinetry. An additional bedroom and bath, leading to stamped patio, and large game room area or exercise rom.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 477014663
  • S O1 Brokerage Number: 478025990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Gas
  • Basement: Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 102.69
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cement Board
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1119

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge
  • Elementary School #2: River Ridge

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2018
  • Taxes: 6984

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
Sep 8, 2019
Closed on
Jan 23, 2020
Sold by
Dolbert Chad M and Dolbert Amy M
Bought by
Mddgs Ents Llc
Seller's Agent
Shelly McCoy
Eagle Ridge Realty
Buyer's Agent
Angela Stodden
KELLER WILLIAMS REALTY SIGNATURE
List Price
$369,000
Sold Price
$305,000
Premium/Discount to List
-$64,000
-17.34%
Current Estimated Value
$513,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,517
Avg. Annual Appreciation
10.23%

Purchase Details

Listed on
Feb 28, 2017
Closed on
Jun 16, 2017
Sold by
Hepola Bill R and Hepola Barbara
Bought by
Dolbert Chad and Dolbert Amy M
Buyer's Agent
Shelly McCoy
Eagle Ridge Realty
List Price
$337,000
Sold Price
$309,000
Premium/Discount to List
-$28,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%
Original Mortgage
$264,550
Interest Rate
4.5%
Mortgage Type
FHA
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
Mddgs Ents Llc $271,667 Security First Title
Dolbert Chad $309,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolbert Chad $264,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $305,000 -17.3% $103 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
09/08/2019 09/08/19 For Sale $369,000 +19.4% $124 / Sq Ft
07/03/2017 07/03/17 Sold $309,000 -8.3% $104 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $337,000 -- $113 / 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 $8,411 $168,537 $2,046 $166,491
2023 $8,009 $147,297 $1,788 $145,509
2022 $8,009 $109,923 $1,334 $108,589
2021 $6,610 $101,941 $1,237 $100,704
2020 $7,231 $114,774 $1,119 $113,655
2019 $7,084 $112,855 $1,100 $111,755
2018 $6,984 $114,237 $1,113 $113,124
2017 $6,855 $114,237 $1,113 $113,124
2016 $6,713 $114,200 $6,961 $107,239
2015 $6,688 $114,200 $6,961 $107,239
2014 $6,612 $121,782 $7,423 $114,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 122725

NorthWest Illinois Alliance of REALTORS®

APN: 08-114-050-00