NOT LISTED FOR SALE

501 Franklin St Galena, IL 61036

Estimated Value: $138,000 - $162,000

2 Beds
1 Bath
957 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $77,000 $80 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,036/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Galena Primary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2017

Clean, well-kept, and updated frame just a few blocks from downtown Galena offering main level living, a corner lot and a one car garage! Home offers large living room with lots of light, open dining room, spacious master bedroom with good closet space, nicely appointed full bathroom, laundry room, guest bedroom, and functional kitchen with lots of cabinet space and room for small eat-in table all on one level. Additionally, walk-up attic is good for storage or potential expansion. Nicely kept yard, side patio off of kitchen, and one car detached garage are additional amenities. An absolutely charming getaway or full time home!

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 03/02/2017

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Garrett Hillary

KELLER WILLIAMS REALTY SIGNATURE License #475166902

KELLER WILLIAMS REALTY SIGNATURE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 957 Sq Ft Home
  • Basement
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,821

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 6: Main, On Level: Main
  • Appliances That Stay or Are Included: Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 957
  • General Features: Laundry 1st Floor
  • Grid: Galena
  • Lot Acreage: 0.11
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 957
  • Garage Type Driveway: Detached, Other
  • Pertinent Facts: Clean, well-kept, and updated frame just a few blocks from downtown Galena offering main level living, a corner lot and a one car garage! Home offers large living room with lots of light, open dining room, spacious master bedroom with good closet space, nicely appointed full bathroom, laundry room, guest bedroom, and functional kitchen with lots of cabinet space and room for small eat-in table all on one level. Additionally, walk-up attic is good for storage or potential expansion. Nicely kept yard, side patio off of kitchen, and one car detached garage are additional amenities. An absolutely charming getaway or full time home!
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 478006823
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Crawl Space
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Dining Room: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 80.46
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: Galena
  • Elementary School: Galena
  • Middle School: Galena
  • High School: Galena
  • Elementary School #2: Galena

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2015
  • Taxes: 1821

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 28, 2017
Sold by
Davis James W
Bought by
Garrett Hillary D
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Garrett Hillary
KELLER WILLIAMS REALTY SIGNATURE
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%
Current Estimated Value
$152,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,236
Avg. Annual Appreciation
8.26%
Original Mortgage
$61,600
Outstanding Balance
$52,229
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$96,813
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garrett Hillary D $77,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Hillary D $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $77,000 -3.6% $80 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $79,900 +8.7% $83 / Sq Ft
09/30/2015 09/30/15 Sold $73,500 -16.0% $77 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $87,500 -- $91 / 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 $2,485 $32,229 $3,333 $28,896
2023 $2,804 $35,601 $2,909 $32,692
2022 $2,804 $30,041 $2,455 $27,586
2021 $2,374 $27,675 $2,262 $25,413
2020 $2,269 $25,694 $2,100 $23,594
2019 $2,143 $24,421 $2,089 $22,332
2018 $2,153 $25,127 $2,149 $22,978
2017 $2,063 $24,499 $2,095 $22,404
2016 $2,018 $24,499 $2,095 $22,404
2015 $1,821 $21,989 $2,095 $19,894
2014 $1,736 $21,989 $2,095 $19,894
Source: Public Records

Agents Affiliated with this Home

  • Damon Heim

    Seller's Agent in 2017

    Damon Heim

    COLDWELL BANKER NETWORK REALTY

    (815) 266-2427

    80 in this area

    536 Total Sales

    Damon Heim
    Section Image
  • Garrett Hillary

    Buyer's Agent in 2017

    Garrett Hillary

    KELLER WILLIAMS REALTY SIGNATURE

    (815) 297-4150

    50 in this area

    246 Total Sales

    Garrett Hillary
    Section Image
  • Angela Stodden

    Seller's Agent in 2015

    Angela Stodden

    KELLER WILLIAMS REALTY SIGNATURE

    (815) 541-5482

    47 in this area

    127 Total Sales

    Angela Stodden
    Section Image

  • A

    Buyer's Agent in 2015

    ALEXIS STERGER

    United Country Heartland Realty

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 119130

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-341-00

Illinois Jo Daviess County Galena 61036

501 Franklin St, Galena, IL

This home is located at 501 Franklin St, Galena, IL 61036 since 02 March 2017 and is currently estimated at $152,236, approximately $159 per square foot. This property was built in 1925. 501 Franklin St is a home located in Jo Daviess County with nearby schools including Galena Primary School, Galena Middle School, and Galena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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