NOT LISTED FOR SALE

516 Spring St Galena, IL 61036

Estimated Value: $158,000 - $174,408

2 Beds
1.5 Baths
1,448 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2025

Last sale price $165,000 $114 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,109 / mo

86 Days on Market

Highlights

  • Solid Surface Countertops
  • Covered Patio or Porch
  • Built-in Bookshelves
  • Galena Primary School Rated A-
  • Wood Ceilings
  • Brick or Stone Mason

About This Home

As of July 2025

REDUCED! Charming well preserved historic home located on spacious lot within walking distance to downtown Galena Illinois. This house features a wraparound porch, beautiful original woodwork, and built-ins throughout. The double door entryway leads to a welcoming foyer with a very detailed staircase to the upper level. The main floor has a double parlor and dining room, both with exquisite leaded glass built-ins. New appliances, wood ceiling, recessed lighting, and a pantry complete the cozy kitchen. The upper level boasts 2 spacious bedrooms, one with a walk-in closet, an office/library area, and an updated full bath. The interior home has been freshly painted in 2025, and new carpeting throughout in 2018. There are original hardwoods floors under the carpet. Lots of curb appeal along with new sidewalk and bike path, stairway and beautiful railing! A historic carriage house (carriage house is being sold “AS IS”) completes this delightful Queen Anne home.

Last Agent to Sell the Property

Stephen Henry Clay

JIM SULLIVAN REALTY License #475134749 Listed on: 03/24/2025

Co-Listed By

KAREN CLAY

JIM SULLIVAN REALTY License #475156072

Last Buyer's Agent

Joanne Kutz

Fawn Ridge Real Estate Co. License #475201033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1901

Lot Details

  • 14,810 Sq Ft Lot
  • Property fronts a highway

Home Design

  • House
  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Wood Ceilings
  • Window Treatments

Kitchen

  • Electric Range
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,226

Year Built

Built in 1901

Lot Details

0.34 Acres

Listing Details

  • Interior Amenities: Book Cases Built In, Ceiling Fan(s), Ceiling-Wood Decorative, Countertop-Solid Surface, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town, Hard Surface Road, State Highway
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Parlor, Dimensions: 15'6x12'10, On Level: Main
  • Additional Room 6: Foyer, Dimensions: 15'6x6', On Level: Main
  • Additional Room 7: Office/Den, Dimensions: 8'2x7'2, On Level: Upper
  • Appliances That Stay or Are Included: Disposal, Dryer, Refrigerator, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 808
  • General Features: Basement Entrance, County Taxes, Laundry 1st Floor, Out Building(s), Porch Covered
  • Legal Description: ORIGINAL LOTS BLOCK 16 LOT 4 & PT LOT 3
  • Lot Acreage: 0.34
  • Lvt Date: 03/25/2025
  • Number of Upper Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_9245
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 1448
  • Estimated Upper Sq Ft: 640
  • Garage Type Driveway: Detached, Gravel
  • Hold Earnest Money Y N: No
  • Pertinent Facts: REDUCED! Charming well preserved historic home located on spacious lot within walking distance to downtown Galena Illinois. This house features a wraparound porch, beautiful original woodwork, and built-ins throughout. The double door entryway leads to a welcoming foyer with a very detailed staircase to the upper level. The main floor has a double parlor and dining room, both with exquisite leaded glass built-ins. New appliances, wood ceiling, recessed lighting, and a pantry complete the cozy kitchen. The upper level boasts 2 spacious bedrooms, one with a walk-in closet, an office/library area, and an updated full bath. The interior home has been freshly painted in 2025, and new carpeting throughout in 2018. There are original hardwoods floors under the carpet. Lots of curb appeal along with new sidewalk and bike path, stairway and beautiful railing! A historic carriage house (carriage house is being sold “AS IS”) completes this delightful Queen Anne home.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1448
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 15'7x11'10, On Level: Upper
  • Bedroom 2: Dimensions: 13'3x11'3, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 13'3x10'8
  • Family Room: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 11'6x9'7, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13'3x12'1
  • Recreation Room: No
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Window Unit
  • Heating: Hot Water/Steam, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Natural Gas

Building Info

  • Year Built: 1901

Tax Info

  • Year: 2023
  • Taxes: 3226

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 13, 2018
Sold by
Shepherd Wayne R and Shepherd Maureen M
Bought by
Martin Steve L and Martin Rebekah L
Seller's Agent
Garrett Hillary
KELLER WILLIAMS REALTY SIGNATURE
Buyer's Agent
Stephen Henry Clay
JIM SULLIVAN REALTY
List Price
$109,600
Sold Price
$90,000
Premium/Discount to List
-$19,600
-17.88%
Current Estimated Value
$164,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,102
Avg. Annual Appreciation
7.73%
Original Mortgage
$72,000
Outstanding Balance
$63,517
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$100,585
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Martin Steve L $90,000 Attorney Only
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Martin Steve L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2025 07/17/25 Sold $165,000 -8.3% $114 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $179,900 -5.3% $124 / Sq Ft
03/24/2025 03/24/25 For Sale $189,900 +111.0% $131 / Sq Ft
04/18/2018 04/18/18 Sold $90,000 -17.9% $62 / Sq Ft View Prior Sale
02/18/2018 02/18/18 Pending -- -- --
03/16/2017 03/16/17 For Sale $109,600 -- $76 / 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 $2,810 $36,441 $4,666 $31,775
2023 $3,226 $40,962 $4,360 $36,602
2022 $3,226 $34,564 $3,679 $30,885
2021 $2,732 $31,841 $3,389 $28,452
2020 $2,611 $29,561 $3,146 $26,415
2019 $2,619 $29,843 $3,146 $26,697
2018 $1,609 $30,706 $3,237 $27,469
2017 $1,581 $29,939 $3,156 $26,783
2016 $1,547 $29,939 $3,156 $26,783
2015 $1,555 $29,779 $3,156 $26,623
2014 $1,482 $29,779 $3,156 $26,623
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202501384

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-755-00

Your Personal Tour Guide

Ask me questions while you tour the home.