NOT LISTED FOR SALE

530 Franklin St Galena, IL 61036

Estimated Value: $214,000 - $294,280

3 Beds
3 Baths
2,128 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $209,000 $98 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,746/month

24 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Solid Surface Countertops
  • Galena Primary School Rated A-
  • Main Floor Primary Bedroom
  • Skylights

About This Home

As of November 2023

Fantastic opportunity for whatever your needs are with this well maintained three bedroom, three bath home. Perfect as a single family, or live in one unit and rent the other for some income. If you are looking for an investment, rent both units. Built as a two flat, there are two bedrooms, two baths, and a modern kitchen with skylight, window and door looking out on the patio area giving plenty of natural light. Kitchen has new dishwasher in 2023. New countertops in 2014, new garbage disposal plus new coils in oven in 2022. Dining room features a large window that looks out to the patio. The adjoining deck was built in 2015 and repainted in 2022. Two bedrooms each have their own full baths. The large living room has two big windows allowing for lots of light. The stairs, lower hallway, and back bedroom were newly carpeted in 2021. Lower level has it's own kitchen, bedroom, newly remodeled bathroom and living area. There are two furnaces that allow for separate heating for each unit. Heated two car garage has washer and dryer purchased in 2021 with plenty of storage. The back patio/deck area is the perfect setting for having your morning coffee, afternoon tea or a glass of wine with your dinner. Enjoy the beauty of the back with stone walls and steps that lead up to the back yard, where you could construct a gazebo with nature all around. You would never imagine that you are only minutes away from downtown Historic Main Street Galena. Great rental opportunity with the two separate units. A must see to appreciate what this home has to offer.

Last Agent to Sell the Property

Mary Hartman

COLDWELL BANKER NETWORK REALTY License #475128642 Listed on: 08/28/2023

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Leticia Valdivia

Apreda Real Estate Services License #475172449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,795

Year Built

  • Built in 1976

Lot Details

  • 0.49 Acre Lot
  • Wooded Lot

Home Design

  • Bi-Level Home
  • Brick or Stone Mason
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Skylights
  • Window Treatments
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,795

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Interior Amenities: Countertop-Solid Surface, Security System, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town
  • Type: Wooded, City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Kitchen 2, Dimensions: 10'2x8, On Level: Lower
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1344
  • Estimated Below Grade Finished Sq Ft: 784
  • Exemptions: Owner, Senior
  • Front: 106
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, L.L. Finished Space, Main Floor Master, Patio, Skylight(s), Laundry Basement
  • Grid: Galena
  • Legal Description: FRANKLIN STREET PT LOTS 45, 46, & 30' X 200 VAC WEST ST
  • Lot Acreage: 0.49
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 106
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Electric
  • Style: Bi-Level
  • Type: House
  • Agent Only_ L A1 User Code: F_302
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2128
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fantastic opportunity for whatever your needs are with this well maintained three bedroom, three bath home. Perfect as a single family, or live in one unit and rent the other for some income. If you are looking for an investment, rent both units. Built as a two flat, there are two bedrooms, two baths, and a modern kitchen with skylight, window and door looking out on the patio area giving plenty of natural light. Kitchen has new dishwasher in 2023. New countertops in 2014, new garbage disposal plus new coils in oven in 2022. Dining room features a large window that looks out to the patio. The adjoining deck was built in 2015 and repainted in 2022. Two bedrooms each have their own full baths. The large living room has two big windows allowing for lots of light. The stairs, lower hallway, and back bedroom were newly carpeted in 2021. Lower level has it's own kitchen, bedroom, newly remodeled bathroom and living area. There are two furnaces that allow for separate heating for each unit. Heated two car garage has washer and dryer purchased in 2021 with plenty of storage. The back patio/deck area is the perfect setting for having your morning coffee, afternoon tea or a glass of wine with your dinner. Enjoy the beauty of the back with stone walls and steps that lead up to the back yard, where you could construct a gazebo with nature all around. You would never imagine that you are only minutes away from downtown Historic Main Street Galena. Great rental opportunity with the two separate units. A must see to appreciate what this home has to offer.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1344
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 481012505
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 17.9x11.3, On Level: Main
  • Basement: Basement Entrance, Finished, Full Exposure
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12'11x10'10, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 13'8x12
  • Family Room: No, On Level: Lower, Dimensions: 17'5x11'3
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 12'9x11'3, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 21'2x14'8
  • Price Per Sq Ft: 98.21
  • Recreation Room: No
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

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

Garage/Parking

  • Garage: 2

Utilities

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

Schools

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

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2022
  • Taxes: 3795

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Nov 20, 2023
Sold by
Trust Number 1
Bought by
Ayala Alfonso G and Arguelles Guillermina J
Seller's Agent
Mary Hartman
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Leticia Valdivia
Apreda Real Estate Services
List Price
$219,000
Sold Price
$209,000
Premium/Discount to List
-$10,000
-4.57%
Views
86
Current Estimated Value
$249,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,570
Avg. Annual Appreciation
11.28%
Original Mortgage
$167,200
Outstanding Balance
$159,227
Interest Rate
1.05%
Mortgage Type
Construction
Estimated Equity
$92,230
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
Ayala Alfonso G $209,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Alfonso G $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $209,000 0.0% $98 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $209,000 -4.6% $98 / Sq Ft
08/28/2023 08/28/23 For Sale $219,000 -- $103 / 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 $5,067 $71,709 $6,866 $64,843
2023 $3,582 $78,268 $6,852 $71,416
2022 $3,582 $66,044 $5,782 $60,262
2021 $3,903 $60,842 $5,327 $55,515
2020 $4,989 $56,487 $4,946 $51,541
2019 $4,932 $56,206 $4,869 $51,337
2018 $4,955 $57,831 $5,010 $52,821
2017 $4,747 $56,388 $4,885 $51,503
2016 $3,187 $56,388 $4,885 $51,503
2015 $3,204 $49,690 $4,885 $44,805
2014 $3,054 $49,690 $4,885 $44,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202305011

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-333-00