NOT LISTED FOR SALE

503 NW 1st St Galva, IL 61434

Estimated Value: $170,000 - $172,715

3 Beds
2 Baths
2,885 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $165,000 $57 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,210/month

106 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • 6 Car Detached Garage
  • 2-minute walk to Wiley Park

About This Home

As of April 2023

This charming 3-bedroom/2 bath home sits on a corner lot & is close to Wiley Park. If a big garage is what you want- how does a heated 6-car detached garage sound! The main floor features: foyer w/detailed open staircase, spacious living room, dining room, den & 1st floor bath w/shower. The eat-in kitchen has lots of nice oak cabinets, built-in oven & countertop range. Appliances stay but not warranted. Enjoy your favorite beverage in the sunroom or on the deck, that overlooks the firepit on the patio. All bedrooms are on second floor. The primary bedroom has a walk-in closet, access to the 2nd floor bath & convenient laundry area. The bathroom has a double vanity, walk-in shower & jacuzzi tub. One of the other 2 bedrooms has a cedar lined closet. Walk-up attic could be finished off for even more living space or great for storage. The basement is partially finished with a family room. Roof is approximately 5 years old.

Last Agent to Sell the Property

Debbie Wright

Mel Foster Co. Kewanee License #475.129991 Listed on: 11/23/2022

Mel Foster Co. Kewanee

Last Buyer's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1907

Lot Details

  • Lot Dimensions are 116 x 132
  • Corner Lot
  • Level Lot

Parking

  • 6 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,885 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Galva High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Original Town Galva Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 24-28-457-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

Built in 1907

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1907
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 78.42
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Garage Door Opener(s)
  • Living Area: 2885
  • TotalBasementSqFt: 1082
  • KitchenDining: Dining Formal,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 6
  • Parking Features: Detached, Heated, Oversized, Paved

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 2
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Galva

Lot Info

  • Lot Size: 116 X 132
  • Parcel #: 24-28-457-009

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2716.36
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 10, 2023
Sold by
Serres Gene R
Bought by
Cochran Katie
Seller's Agent
Debbie Wright
Mel Foster Co. Kewanee
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
190
Current Estimated Value
$159,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,736
Avg. Annual Appreciation
-0.74%
Original Mortgage
$132,000
Outstanding Balance
$128,768
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$33,371
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
Cochran Katie $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Katie $132,000
Previous Owner Serres Gene R $75,808
Previous Owner Serres Gene R $85,600
Previous Owner Serres Gene R $21,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $165,000 0.0% $57 / Sq Ft
01/20/2023 01/20/23 Price Changed $165,000 -2.9% $57 / Sq Ft
11/23/2022 11/23/22 For Sale $169,900 -- $59 / Sq Ft
Source: RMLS Alliance

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 $4,106 $50,118 $3,690 $46,428
2023 $4,106 $40,859 $3,565 $37,294
2022 $3,128 $36,481 $3,183 $33,298
2021 $2,716 $31,861 $2,780 $29,081
2020 $2,764 $32,157 $2,806 $29,351
2019 $2,949 $34,611 $3,020 $31,591
2018 $2,861 $33,603 $2,932 $30,671
2017 $2,753 $32,720 $2,855 $29,865
2016 $2,801 $32,557 $2,841 $29,716
2015 $2,782 $32,557 $2,841 $29,716
2013 $2,782 $32,886 $2,870 $30,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4238965

RMLS Alliance

APN: 24-28-457-009