Seller's Agent in 2022
Mary Hartman
COLDWELL BANKER NETWORK REALTY
(815) 541-0132
48 in this area
92 Total Sales
503 Park Ave Galena, IL 61036
Estimated Value: $130,000 - $166,000
4
Beds
1
Bath
1,644
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- River View
- Walk-In Closet
- Wood Siding
- Galena Primary School Rated A-
- Forced Air Heating System
- 3-minute walk to Grant Park
About This Home
As of November 2022Imagine the possibilities of this two-story historic frame home! This diamond in the rough located on beautiful Park Avenue, is close to Grant Park and the pedestrian bridge leading to Main Street Galena with its many shops and restaurants. Great fixer-upper opportunity to transform this home into the beautiful place that it once was. Otis Horton built the home in 1871 as a rental and Lillie Smith was the first to occupy the home which has been in the Smith family ever since. Large backyard with panoramic views of Galena and a great location. Sold "As Is".
Last Agent to Sell the Property
COLDWELL BANKER NETWORK REALTY License #475128642 Listed on: 08/19/2022
Last Buyer's Agent
COLDWELL BANKER NETWORK REALTY License #475128642 Listed on: 08/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,023
Year Built
- Built in 1871
Lot Details
- 10,454 Sq Ft Lot
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- River Views
Kitchen
- Electric Range
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Galena Elementary And Middle School
- Galena High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Nov 18, 2022
Sold by
Smith David E Living Trust
Bought by
523 Main Street Prop Rentals L
Seller's Agent
Mary Hartman
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Mary Hartman
COLDWELL BANKER NETWORK REALTY
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,141
Avg. Annual Appreciation
15.09%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 523 Main Street Prop Rentals L | $95,000 | Atg |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2022 11/18/22 | Sold | $95,000 | -20.8% | $58 / Sq Ft |
| 10/27/2022 10/27/22 | Pending | -- | -- | -- |
| 09/16/2022 09/16/22 | For Sale | $120,000 | 0.0% | $73 / Sq Ft |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $120,000 | -- | $73 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History Compared to Growth
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 | $3,002 | $38,663 | $3,592 | $35,071 |
| 2023 | $2,525 | $31,538 | $2,930 | $28,608 |
| 2022 | $2,525 | $26,896 | $2,499 | $24,397 |
| 2021 | $1,023 | $24,881 | $2,312 | $22,569 |
| 2020 | $1,052 | $23,481 | $2,313 | $21,168 |
| 2019 | $1,045 | $23,481 | $2,313 | $21,168 |
| 2018 | $1,021 | $23,481 | $2,313 | $21,168 |
| 2017 | $1,002 | $23,481 | $2,313 | $21,168 |
| 2016 | $981 | $22,703 | $2,313 | $20,390 |
| 2015 | $1,407 | $22,703 | $2,313 | $20,390 |
| 2014 | $1,339 | $22,703 | $2,313 | $20,390 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202205600
APN: 06-500-024-00
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