NOT LISTED FOR SALE

506 Spring St Galena, IL 61036

Estimated Value: $178,000 - $290,000

3 Beds
1.5 Baths
1,718 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2025

Last sale price $215,000 $125 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,512 / mo

6 Days on Market

Highlights

  • Brick or Stone Mason
  • Patio
  • Water Softener
  • Galena Primary School Rated A-
  • Central Air
  • Baseboard Heating

About This Home

As of January 2025

Beautifully updated 3 bed, 1.5 bath interior brick at Historic "Marsden's Row" perched in a convenient location just a few blocks from all the shopping, dining and festivities of vibrant Main Street, Galena. Welcoming foyer greats you as you enter the bright and airy main level that features generous living room with tall ceilings, large dining area with more sweeping ceilings and plenty of room to entertain, well-appointed under-stair powder room, and gorgeous kitchen with sleek white cabinetry, stainless appliances, tile backsplash, quartz counter, laundry nook with full size stacked washer and dryer, and access to concrete privacy patio with fenced surround and limestone planter. Retreat to the upper level to find a spacious primary bedroom, two comfortable guest bedrooms (one with tall ceilings and the other with rich, wood clad ceiling) and upgraded full bath with soaking tub/shower combo with subway tile surround, tile floors, LED framed mirror, and pedestal sink. Newer limestone retaining wall to front, cozy front yard, and stairs with newer railing that lead to sidewalk. Dual access shared driveway that wraps around entire row and offers parking to rear. Boiler recently replaced. A lovely piece of history that offers the feel of yesteryear mixed with the styling of today, all in a great location with easy access to everything Galena! *Assessor shows age as 1935, but property dates to well before 1900.

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 12/08/2024

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Shelly McCoy

COLDWELL BANKER NETWORK REALTY License #475131143

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1935

Lot Details

  • 3,485 Sq Ft Lot
  • Property fronts a highway
  • Historic Home

Home Design

  • Brick or Stone Mason
  • Metal Roof

Interior Spaces

  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Patio

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,042

Year Built

Built in 1935

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Interior Amenities: Ceiling Fan(s), Water Filtration System, Window Treatments
  • Road Frontage: City/Town, US Highway
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 916
  • General Features: Laundry 1st Floor, Patio
  • Legal Description: To follow on deed at closing.
  • Lot Acreage: 0.08
  • Lvt Date: 12/08/2024
  • Number of Upper Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: Historic
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 1718
  • Estimated Upper Sq Ft: 802
  • Garage Type Driveway: Gravel, Shared
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Beautifully updated 3 bed, 1.5 bath interior brick at Historic "Marsden's Row" perched in a convenient location just a few blocks from all the shopping, dining and festivities of vibrant Main Street, Galena. Welcoming foyer greats you as you enter the bright and airy main level that features generous living room with tall ceilings, large dining area with more sweeping ceilings and plenty of room to entertain, well-appointed under-stair powder room, and gorgeous kitchen with sleek white cabinetry, stainless appliances, tile backsplash, quartz counter, laundry nook with full size stacked washer and dryer, and access to concrete privacy patio with fenced surround and limestone planter. Retreat to the upper level to find a spacious primary bedroom, two comfortable guest bedrooms (one with tall ceilings and the other with rich, wood clad ceiling) and upgraded full bath with soaking tub/shower combo with subway tile surround, tile floors, LED framed mirror, and pedestal sink. Newer limestone retaining wall to front, cozy front yard, and stairs with newer railing that lead to sidewalk. Dual access shared driveway that wraps around entire row and offers parking to rear. Boiler recently replaced. A lovely piece of history that offers the feel of yesteryear mixed with the styling of today, all in a great location with easy access to everything Galena! *Assessor shows age as 1935, but property dates to well before 1900.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1718
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 14'3x13'9, On Level: Upper
  • Basement: Basement Entrance
  • Bedroom 2: Dimensions: 14'2x13'9, On Level: Upper
  • Bedroom 3: Dimensions: 13'6x10'1, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 14'1x13'9
  • Family Room: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13'5x10'2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13'5x10'2
  • Recreation Room: No
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Metal

Utilities

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

Building Info

  • Year Built: 1935

Tax Info

  • Year: 2023
  • Taxes: 4042

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Jan 18, 2025
Sold by
Palma Lidia M M
Bought by
Thacker Steven
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Shelly McCoy
COLDWELL BANKER NETWORK REALTY
List Price
$275,000
Sold Price
$215,000
Premium/Discount to List
-$60,000
-21.82%
Views
9
Current Estimated Value
$225,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,636
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 12, 2020
Sold by
East North Management Llc
Bought by
Mercado Claudia and Palma Lidia M
Seller's Agent
Angela Stodden
KELLER WILLIAMS REALTY SIGNATURE
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$145,000
Sold Price
$143,000
Premium/Discount to List
-$2,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$128,700
Interest Rate
2.75%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jan 11, 2019
Sold by
James Sebanc
Bought by
East North Management Llc
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$94,900
Sold Price
$53,000
Premium/Discount to List
-$41,900
-44.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.50%
Source: Public Records

Range of Values:

--
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
Thacker Steven $215,000 Security First Title
Mercado Claudia $143,000 Attorney Only
East North Management Llc $53,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Claudia $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2025 01/30/25 Sold $215,000 -21.8% $125 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/08/2024 12/08/24 For Sale $275,000 +92.3% $160 / Sq Ft
11/13/2020 11/13/20 Sold $143,000 -1.4% $83 / Sq Ft View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $145,000 +173.6% $84 / Sq Ft
01/11/2019 01/11/19 Sold $53,000 -44.2% $31 / Sq Ft View Prior Sale
12/12/2018 12/12/18 Pending -- -- --
04/12/2017 04/12/17 For Sale $94,900 -- $55 / 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 $3,791 $49,158 $3,333 $45,825
2023 $4,042 $51,321 $2,894 $48,427
2022 $4,042 $43,305 $2,442 $40,863
2021 $3,423 $39,894 $2,250 $37,644
2020 $1,622 $18,368 $2,089 $16,279
2019 $3,103 $35,355 $2,089 $33,266
2018 $3,117 $36,377 $2,149 $34,228
2017 $2,986 $35,469 $2,095 $33,374
2016 $2,922 $35,469 $2,095 $33,374
2015 $2,800 $33,807 $2,095 $31,712
2014 $2,669 $33,807 $2,095 $31,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202406847

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-750-00

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