NOT LISTED FOR SALE

5 W Bay Path Galena, IL 61036

Estimated Value: $380,000 - $503,000

4 Beds
3 Baths
2,340 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $250,000 $107 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,121/month

237 Days on Market

Highlights

  • Countryside Views
  • Deck
  • Screened Porch
  • Galena Primary School Rated A-
  • Wooded Lot
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Ideal country resort home located in the very serene and quiet area of Thunder Bay, and nestled in the trees for privacy. Meticulously maintained and in “like new” condition. Enjoy the peace and quiet of the woods from the screened porch, the back deck, or while sitting on the front porch. This lovely home features a welcoming covered front porch, open floor plan for entertaining, hardwood floors, wood burning floor to ceiling cultured stone fireplace, six panel solid wood doors. and two master suites with whirlpools on the main and upper floor, and plenty of windows for added natural light. The walkout lower level has 2 bedrooms and a bath for guests plus a family room. The vaulted wood plank ceiling in the great room and the upgraded wainscoting, adds to the understated country charm of this home. There is extensive landscaping and other upgrades that emanate the feeling of an upscale cabin in the woods. It would be hard to find a 2 car garage oversized (30’ x 27’) the size of what you will see here, plenty of room for your big-boy toys, 16 foot built-in workbench, and stairs up to a second floor multi-use bonus/storage room. Recent upgrades include, and not limited to: new roof (2015), new furnace and a/c ( 2016 ). Newly stained house and garage (2017). The home is being sold unfurnished, however all furnishings are easily available on a separate bill of sale for $1.00 The sale is subject to GTA document transfer fee.

Last Agent to Sell the Property

Andy Klemmt

CHOICE REALTY License #475124963 Listed on: 04/12/2018

Last Buyer's Agent

KELLY LAZORE

CHOICE REALTY License #475163613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1998

Lot Details

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

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Countryside Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Tank Leased
  • Electric Water Heater
  • Water Softener Leased
  • Septic System

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,453

Year Built

Built in 1998

Lot Details

0.76 Acres

HOA Fees

$93 per month

Listing Details

  • Interior Amenities: Window Treatments
  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Wooded, Country View, Covenants, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener Rented, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 936
  • Estimated Below Grade Finished Sq Ft: 936
  • Front: 118
  • General Features: Deck, Laundry Basement, Porch Covered, Porch Screened
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.76
  • Lvt Date: 04/23/2018
  • Rear: 107
  • Side 1: 294
  • Side 2: 304
  • Type: House
  • Agent Only_ L A1 User Code: F_599
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2340
  • Estimated Upper Sq Ft: 468
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Ideal country resort home located in the very serene and quiet area of Thunder Bay, and nestled in the trees for privacy. Meticulously maintained and in “like new” condition. Enjoy the peace and quiet of the woods from the screened porch, the back deck, or while sitting on the front porch. This lovely home features a welcoming covered front porch, open floor plan for entertaining, hardwood floors, wood burning floor to ceiling cultured stone fireplace, six panel solid wood doors. and two master suites with whirlpools on the main and upper floor, and plenty of windows for added natural light. The walkout lower level has 2 bedrooms and a bath for guests plus a family room. The vaulted wood plank ceiling in the great room and the upgraded wainscoting, adds to the understated country charm of this home. There is extensive landscaping and other upgrades that emanate the feeling of an upscale cabin in the woods. It would be hard to find a 2 car garage oversized (30’ x 27’) the size of what you will see here, plenty of room for your big-boy toys, 16 foot built-in workbench, and stairs up to a second floor multi-use bonus/storage room. Recent upgrades include, and not limited to: new roof (2015), new furnace and a/c ( 2016 ). Newly stained house and garage (2017). The home is being sold unfurnished, however all furnishings are easily available on a separate bill of sale for $1.00 The sale is subject to GTA document transfer fee.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1119

Schools

  • Elementary School #2: Galena

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2017
  • Taxes: 6453

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Dec 27, 2018
Sold by
Terence Abbruscato
Bought by
Wisdom Mitch and Schaffer Maryann
Seller's Agent
Andy Klemmt
CHOICE REALTY
Buyer's Agent
KELLY LAZORE
CHOICE REALTY
List Price
$298,000
Sold Price
$250,000
Premium/Discount to List
-$48,000
-16.11%
Current Estimated Value
$445,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,646
Avg. Annual Appreciation
8.31%
Original Mortgage
$155,000
Outstanding Balance
$137,094
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$308,552
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wisdom Mitch $250,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wisdom Mitch $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $250,000 -16.1% $107 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $298,000 -- $127 / 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 $8,202 $129,635 $6,215 $123,420
2023 $6,713 $105,747 $5,070 $100,677
2022 $6,713 $90,182 $4,324 $85,858
2021 $5,572 $83,425 $4,000 $79,425
2020 $5,911 $85,791 $3,994 $81,797
2019 $6,261 $85,791 $3,994 $81,797
2018 $6,587 $85,920 $4,000 $81,920
2017 $6,453 $85,920 $4,000 $81,920
2016 $6,274 $85,150 $8,278 $76,872
2015 $6,288 $85,150 $8,278 $76,872
2014 $6,337 $90,804 $8,828 $81,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 120846

NorthWest Illinois Alliance of REALTORS®

APN: 06-204-131-00

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