NOT LISTED FOR SALE

5 Cranberry Ct Galena, IL 61036

Estimated Value: $453,000 - $592,118

5 Beds
3.5 Baths
3,524 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $525,000 $149 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,972/month

Highlights

  • Second Kitchen
  • Covered Deck
  • Vaulted Ceiling
  • Galena Primary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of August 2022

This beautifully updated and incredibly clean 5 bedroom, 3 1/2 bath home rests on a combined 3 acres (1.9 acre home site plus 1.13 acre adjacent lot) with an incredible green space for family gatherings or just taking in the peaceful country views and wildlife. The resealed driveway, newly stained exterior with new gutters and downspouts, as well as the new deck flooring will provide peace of mind for many years to come. As you enter the home, you are greeted by an open living room/dining room space that is accented by the vaulted wood ceiling, expansive windows and new 12-foot sliding glass doors to the outdoor deck and large yard. This main level contains the main bedroom and bath, as well as a second bedroom and half bath, and is accented by new flooring, light fixtures, paint, and an improved hallway with new windows that leads directly to the 2-car garage. The remaining three bedrooms and two bathrooms, as well as a second kitchen area are located on the lower level. The home has received numerous updates and improvements in the last two years, including being converted to natural gas on July 13th, 2022. Updates include: flooring, light fixtures, sliders and windows, furnace (main level), air conditioner (main level), 80-gallon water heater, and washer & dryer. Home is being sold unfurnished and includes the adjacent lot. HOA fees are for both properties.

Last Agent to Sell the Property

Misty Helgeson

CHOICE REALTY OF GALENA License #475.191359 Listed on: 07/18/2022

Last Buyer's Agent

Danielle Cline

DC Rise Real Estate License #471.021953

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,140

Lot Details

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

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Home Security System

Kitchen

  • Second Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Deck

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Community Details

Overview

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

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,140

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, CO Detectors, Countertop-Granite, Second Kitchen, Security System, Smoke Detectors, Walk-In Closet, Whirlpool Tub, Window Treatments
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Covenants, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1724
  • Estimated Below Grade Finished Sq Ft: 1600
  • Exemptions: Owner
  • Fee Includes: Pool Access, Clubhouse, Garbage
  • Front: 48
  • General Features: Basement Entrance, Deck, Hot Tub or Sauna, Laundry 1st Floor, Main Floor Master, Skylight(s), Deck-Covered, Porch 3 Season, Porch Covered, Porch Enclosed, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: THE GALENA TERRITORY THUNDER BAY UNIT 4 LOT 38
  • Lot Acreage: 3.03
  • Lvt Date: 07/18/2022
  • Number of Lower Level Full Bathrooms: 2
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 238
  • Side 1: 275
  • Side 2: 244
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_1694
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 3524
  • Estimated Upper Sq Ft: 200
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This beautifully updated and incredibly clean 5 bedroom, 3 1/2 bath home rests on a combined 3 acres (1.9 acre home site plus 1.13 acre adjacent lot) with an incredible green space for family gatherings or just taking in the peaceful country views and wildlife. The resealed driveway, newly stained exterior with new gutters and downspouts, as well as the new deck flooring will provide peace of mind for many years to come. As you enter the home, you are greeted by an open living room/dining room space that is accented by the vaulted wood ceiling, expansive windows and new 12-foot sliding glass doors to the outdoor deck and large yard. This main level contains the main bedroom and bath, as well as a second bedroom and half bath, and is accented by new flooring, light fixtures, paint, and an improved hallway with new windows that leads directly to the 2-car garage. The remaining three bedrooms and two bathrooms, as well as a second kitchen area are located on the lower level. The home has received numerous updates and improvements in the last two years, including being converted to natural gas on July 13th, 2022. Updates include: flooring, light fixtures, sliders and windows, furnace (main level), air conditioner (main level), 80-gallon water heater, and washer & dryer. Home is being sold unfurnished and includes the adjacent lot. HOA fees are for both properties.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1924
  • L O1 Brokerage Number: 477013866
  • S O1 Brokerage Number: APPLIED FOR
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 17x14, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: Dimensions: 16x12, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Lower
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Dining Room: Yes, On Level: Main
  • Family Room: Yes, On Level: Lower, Dimensions: 25x18
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 26x17
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 148.98
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2460

Schools

  • School District: Galena
  • Elementary School: Galena
  • Middle School: Galena
  • High School: Galena

Tax Info

  • Year: 2021
  • Taxes: 3140

MLS Schools

  • HighSchool: Galena
  • School District: Galena
  • Middle School: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 29, 2022
Sold by
Smith Greg W and Smith Joell C
Bought by
Rago Nicole and Rago Bret
Seller's Agent
Misty Helgeson
CHOICE REALTY OF GALENA
Buyer's Agent
Danielle Cline
DC Rise Real Estate
List Price
$555,000
Sold Price
$525,000
Premium/Discount to List
-$30,000
-5.41%
Current Estimated Value
$551,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,530
Avg. Annual Appreciation
1.54%
Original Mortgage
$325,000
Outstanding Balance
$314,040
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$235,893

Purchase Details

Listed on
Jan 9, 2020
Closed on
Aug 21, 2020
Sold by
Schwartzenberg and Judith
Bought by
Smith Greg W and Smith Joell C
Seller's Agent
Basel Tarabein
RE/MAX AT HOME
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$339,900
Sold Price
$270,000
Premium/Discount to List
-$69,900
-20.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.99%
Original Mortgage
$216,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rago Nicole $525,000 Security First Title
Smith Greg W $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rago Nicole $325,000
Previous Owner Smith Greg W $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $525,000 -5.4% $149 / Sq Ft
07/29/2022 07/29/22 Price Changed $555,000 0.0% $157 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $555,000 +105.6% $157 / Sq Ft
08/25/2020 08/25/20 Sold $270,000 -20.6% $77 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $339,900 -- $96 / 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 $9,416 $136,186 $6,215 $129,971
2023 $7,871 $111,091 $5,070 $106,021
2022 $7,871 $94,739 $4,324 $90,415
2021 $6,281 $87,640 $4,000 $83,640
2020 $8,010 $101,348 $3,994 $97,354
2019 $7,953 $101,348 $3,994 $97,354
2018 $7,782 $101,500 $4,000 $97,500
2017 $7,623 $101,500 $4,000 $97,500
2016 $6,762 $91,775 $9,260 $82,515
2015 $6,777 $91,775 $9,260 $82,515
2014 $6,830 $97,867 $9,874 $87,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204708

NorthWest Illinois Alliance of REALTORS®

APN: 06-204-038-00