NOT LISTED FOR SALE

68 Heatherdowns Ln Galena, IL 61036

Estimated Value: $574,000 - $625,000

1.8 Acres
$332,376 Price per Acre
78,408 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $8,000

Est. 7,378% increase in value since last sale

Current estimated payment $4,143/month

197 Days on Market

About This Lot

As of June 2021

This 1.8 acre gently sloping lot, zoned for two horses, is ready for you to build on with the majority being cleared and open with a few trees in the front and rear of the property. Every section of The Galena Territory has a feel of its own. This quiet, low density area with sprawling views of the Shenandoah Valley has larger lots, horses, and barns. And it is still only five minutes away from the main entrance/general store/Highlands Restaurant. Here is a place that you AND your horses (if you choose) can enjoy the good life with the amenities of The Galena Territory Association for you and the Shenandoah Riding Center two minutes away. The back of the property adjoins to green space with a creek and horse/walking trails along the back of the property. Fiber internet has just been installed, underground electric and central water runs throughout the neighborhood and a septic system would need to be installed for sewer.  NEIGHBORHOOD: The Galena Territory, located three hours west of Chicago, is a low density, planned residential community that offers 6,800 acres of vistas, valleys, prairies and woodlands, including rare plant and bird species. Ownership of this lot comes with collective ownership of 1,900 acres of recreational amenities, including 24 miles of walking/hiking trails, Lake Galena for boating and fishing, a marina complex, an equestrian center, pools, tennis courts, workout facilities, and recreational complex. More information including covenants and restrictions can be found at www.thegalenaterritory.com. NEARBY ACTIVITIES: ** Downtown Galena, IL (10miles): 19th-century downtown offering additional outdoor and indoor activities for tourists and locals alike. Kayak the Galena River, shop at over100 downtown storefronts, take a trolley tour, or attend one of the many events posted at visitgalena.org. ** Chestnut Mountain Resort (13miles): Downhill ski while overlooking the Mississippi river on the 19 ski trails and a 7-acre terrain park with rentals, lodging, and restaurants. Summertime activities include an alpine slide, zipline, mini golf course, and Segway tours. ** Eagle Ridge Resort and Spa (located within theGalena Territory): Offers restaurants, a general store, spa, and four award-winning championship golf courses. There are so many ways to live in Galena, choose your adventure here!

Last Agent to Sell the Property

Ginger Zambrano

DC Rise Real Estate License #475.192385 Listed on: 11/18/2020

Last Buyer's Agent

NATHAN STUDTMANN

First Galena Real Estate License #471020349

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $154

Lot Details

  • 1.8 Acre Lot
  • Sloped Lot

HOA Fees

  • $95 Monthly HOA Fees

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

  • Septic System

Community Details

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$154

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Class: LAND
  • Front: 186.45
  • General Features: Horses Allowed
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 1.8
  • Rear: 279.76
  • Type: Land
  • Side L: 325
  • Side R: 367
  • Agent Only_ L A1 User Code: F_2980
  • Elementary School: River Ridge
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This 1.8 acre gently sloping lot, zoned for two horses, is ready for you to build on with the majority being cleared and open with a few trees in the front and rear of the property. Every section of The Galena Territory has a feel of its own. This quiet, low density area with sprawling views of the Shenandoah Valley has larger lots, horses, and barns. And it is still only five minutes away from the main entrance/general store/Highlands Restaurant. Here is a place that you AND your horses (if you choose) can enjoy the good life with the amenities of The Galena Territory Association for you and the Shenandoah Riding Center two minutes away. The back of the property adjoins to green space with a creek and horse/walking trails along the back of the property. Fiber internet has just been installed, underground electric and central water runs throughout the neighborhood and a septic system would need to be installed for sewer.  NEIGHBORHOOD: The Galena Territory, located three hours west of Chicago, is a low density, planned residential community that offers 6,800 acres of vistas, valleys, prairies and woodlands, including rare plant and bird species. Ownership of this lot comes with collective ownership of 1,900 acres of recreational amenities, including 24 miles of walking/hiking trails, Lake Galena for boating and fishing, a marina complex, an equestrian center, pools, tennis courts, workout facilities, and recreational complex. More information including covenants and restrictions can be found at www.thegalenaterritory.com. NEARBY ACTIVITIES: ** Downtown Galena, IL (10miles): 19th-century downtown offering additional outdoor and indoor activities for tourists and locals alike. Kayak the Galena River, shop at over100 downtown storefronts, take a trolley tour, or attend one of the many events posted at visitgalena.org. ** Chestnut Mountain Resort (13miles): Downhill ski while overlooking the Mississippi river on the 19 ski trails and a 7-acre terrain park with rentals, lodging, and restaurants. Summertime activities include an alpine slide, zipline, mini golf course, and Segway tours. ** Eagle Ridge Resort and Spa (located within theGalena Territory): Offers restaurants, a general store, spa, and four award-winning championship golf courses. There are so many ways to live in Galena, choose your adventure here!
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic

Condo/Co-op/Association

  • HOA Fees: 1137

Schools

  • Elementary School #2: River Ridge

Lot Info

  • Topography: Slope to Rear

Tax Info

  • Year: 2019
  • Taxes: 154

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jun 16, 2021
Sold by
Zeller Timothy J and Zeller Nora L
Bought by
Sochacki Benjamin Zachary and Schmall Elizabeth
Seller's Agent
Ginger Zambrano
DC Rise Real Estate
Buyer's Agent
NATHAN STUDTMANN
First Galena Real Estate
List Price
$14,800
Sold Price
$8,000
Premium/Discount to List
-$6,800
-45.95%
Current Estimated Value
$598,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,277
Avg. Annual Appreciation
155.48%

Purchase Details

Listed on
Mar 30, 2017
Closed on
Mar 24, 2017
Sold by
Harmonie Land Trust
Bought by
Zeller Timothy J and Zeller Nora Lee
Seller's Agent
Unknown agent
UNKNOWN OFFICE
Buyer's Agent
LaVonne Deininger
Keller Williams Realty Signature
List Price
$5,000
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sochacki Benjamin Zachary $8,000 --
Zeller Timothy J $5,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $8,000 -45.9% --
06/03/2021 06/03/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $14,800 +196.0% --
03/30/2017 03/30/17 Sold $5,000 0.0% -- View Prior Sale
03/30/2017 03/30/17 Sold $5,000 0.0% -- View Prior Sale
03/30/2017 03/30/17 For Sale $5,000 0.0% --
02/19/2017 02/19/17 Pending -- -- --
02/19/2017 02/19/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $5,000 -- --
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 $11,218 $224,800 $4,402 $220,398
2023 $10,843 $196,469 $3,847 $192,622
2022 $10,843 $1,407 $1,407 $0
2021 $85 $1,305 $1,305 $0
2020 $157 $2,361 $2,361 $0
2019 $154 $2,322 $2,322 $0
2018 $152 $2,350 $2,350 $0
2017 $149 $2,350 $2,350 $0
2016 $759 $12,241 $12,241 $0
2015 $757 $12,241 $12,241 $0
2014 $745 $13,054 $13,054 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 161678

NorthWest Illinois Alliance of REALTORS®

APN: 08-103-056-00