NOT LISTED FOR SALE

5 Ravine Dr Galena, IL 61036

Estimated Value: $11,000 - $191,000

0.69 Acre
$135,265 Price per Acre
30,056 Sq Ft Lot

Sale Details

Date Sold: November 6, 2020

Last sale price $5,500

Est. 1,597% increase in value since last sale

Current estimated payment $607 / mo

12 Days on Market

About This Lot

As of November 2020

Escape the city and build your dream home! This lot is located in The Galena Territory three hours west of Chicago. A low density, planned residential community that offers 6,800 acres of vistas, valleys, prairies and woodlands, including rare plant and bird species. Ownership of this lot comes with collective ownership of 1,900 acres of recreational amenities, including 24 miles of walking/hiking trails, Lake Galena for boating and fishing, a marina complex, an equestrian center, pools, tennis courts, workout facilities and recreational complex. More information including covenants and restrictions can be found at www.thegalenaterritory.com. This lot has a gentle slope to the back and has been professionally cleared and mowed in August of 2020 with privacy of trees in the back. Public water through the neighborhood and underground electric at the lot line seen in pictures. Natural gas has just been installed and fiber internet is in the construction phase. This is one you should drive by, as the elevated roads up to the property provide gorgeous views of the rolling hills. Nearby Activities: - Downtown Galena, IL (7 miles): 19th-century downtown offering additional outdoor and indoor activities for tourists and locals alike. Kayak the Galena River, shop at over 100 downtown storefronts, take a trolley tour, or attend one of the many events posted at visitgalena.org. - Chestnut Mountain Resort (15 miles): Downhill ski while overlooking the Mississippi river on the 19 ski trails and a 7-acre terrain park with rentals, lodging, and restaurants. Summertime activities include an alpine slide, zipline, mini golf course, and Segway tours. - Eagle Ridge Resort and Spa (located within the Galena Territory): Offers restaurants, a general store, spa, and four award-winning championship golf courses. There are so many ways to live in Galena, choose your adventure here!

Last Agent to Sell the Property

Ginger Zambrano

DC Rise Real Estate License #475.192385 Listed on: 10/11/2020

Last Buyer's Agent

Ginger Zambrano

DC Rise Real Estate License #475.192385 Listed on: 10/11/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $183

Lot Details

  • 30,056 Sq Ft Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Schools

  • Galena Elementary And Middle School
  • Galena High School

Property Details

Property Type

Land

Est. Annual Taxes

$183

Lot Details

0.69 Acres

HOA Fees

$95 per month

Listing Details

  • Class: LAND
  • Front: 127.16
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.69
  • Rear: 100
  • Type: Land
  • Side L: 258.48
  • Side R: 281.39
  • Agent Only_ L A1 User Code: F_2980
  • Elementary School: Galena
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Escape the city and build your dream home! This lot is located in The Galena Territory three hours west of Chicago. A low density, planned residential community that offers 6,800 acres of vistas, valleys, prairies and woodlands, including rare plant and bird species. Ownership of this lot comes with collective ownership of 1,900 acres of recreational amenities, including 24 miles of walking/hiking trails, Lake Galena for boating and fishing, a marina complex, an equestrian center, pools, tennis courts, workout facilities and recreational complex. More information including covenants and restrictions can be found at www.thegalenaterritory.com. This lot has a gentle slope to the back and has been professionally cleared and mowed in August of 2020 with privacy of trees in the back. Public water through the neighborhood and underground electric at the lot line seen in pictures. Natural gas has just been installed and fiber internet is in the construction phase. This is one you should drive by, as the elevated roads up to the property provide gorgeous views of the rolling hills. Nearby Activities: - Downtown Galena, IL (7 miles): 19th-century downtown offering additional outdoor and indoor activities for tourists and locals alike. Kayak the Galena River, shop at over 100 downtown storefronts, take a trolley tour, or attend one of the many events posted at visitgalena.org. - Chestnut Mountain Resort (15 miles): Downhill ski while overlooking the Mississippi river on the 19 ski trails and a 7-acre terrain park with rentals, lodging, and restaurants. Summertime activities include an alpine slide, zipline, mini golf course, and Segway tours. - Eagle Ridge Resort and Spa (located within the Galena Territory): Offers restaurants, a general store, spa, and four award-winning championship golf courses. There are so many ways to live in Galena, choose your adventure here!
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: City/Community

Condo/Co-op/Association

  • HOA Fees: 1137

Schools

  • Elementary School #2: Galena

Lot Info

  • Topography: Slope to Rear
  • Land Features: Wooded

Tax Info

  • Year: 2019
  • Taxes: 183

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Oct 5, 2020
Sold by
White William V and White Michele M
Bought by
Scruggs Jeanne C
Seller's Agent
Ginger Zambrano
DC Rise Real Estate
Buyer's Agent
Ginger Zambrano
DC Rise Real Estate
List Price
$5,500
Sold Price
$5,500
Current Estimated Value
$93,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,833
Avg. Annual Appreciation
67.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scruggs Jeanne C $5,500 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $5,500 0.0% --
10/23/2020 10/23/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $5,500 +266.7% --
11/15/2019 11/15/19 Sold $1,500 -92.5% -- View Prior Sale
10/28/2019 10/28/19 Pending -- -- --
03/01/2013 03/01/13 For Sale $20,000 -- --
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 $153 $2,209 $2,209 $0
2023 $130 $1,802 $1,802 $0
2022 $130 $1,802 $1,802 $0
2021 $128 $1,667 $1,667 $0
2020 $184 $2,330 $2,330 $0
2019 $183 $2,330 $2,330 $0
2018 $179 $2,333 $2,333 $0
2017 $175 $2,333 $2,333 $0
2016 $246 $3,333 $3,333 $0
2015 $246 $3,333 $3,333 $0
2014 $559 $8,015 $8,015 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 161775

NorthWest Illinois Alliance of REALTORS®

APN: 06-204-028-00

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