$100,000
SOLD OCT 17, 2018

716 Territory Dr Galena, IL 61036

3 Beds
1.5 Baths
936 Sq Ft
0.93 Acres

Recently Sold

$107 Per Sq Ft

22% Below List Price

84 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Main Floor Primary Bedroom
  • Water Softener

About This Home

As of August 2020

Charming contemporary Cape Cod sited on just under an acre offering gorgeous vistas and beautiful panoramas all in a location just minutes from Lake Galena and the Property Owners' Club. Open main level features cozy kitchen, bedroom (currently used as office), 1/2 bath, light and bright living room with dining area, wood-burning fireplace with tile surround, updated laminate flooring, and access to deck. Upper level houses two additional bedrooms with elevated views as well as nicely appointed full bath with updated vanity (2016) and tub with tile surround. Full walk-out unfinished basement is a great place for workshop, storage, etc. Take in the breathtaking views from the the large wraparound deck, a portion of which was updated in 2018. Expansive yard space allows for a huge space to enjoy nature and the outdoors, and around house is highlighted with limestone retaining wall accents. Additional updates included siding and windows (around 2005), washer and dryer (2017), laminate flooring in kitchen, dining, and living rooms (2017), and carpeting in bedrooms (2017).

Last Agent to Sell the Property

Damon Heim

COLDWELL BANKER NETWORK REALTY License #471000758 Listed on: 06/25/2018

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

SCOTT ETTLEMAN

CHOICE REALTY License #475130158

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1977

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • Wood Burning Fireplace
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

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

Schools

  • Scales Mound Elementary And Middle School
  • Scales Mound High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Tank Leased
  • Electric Water Heater
  • Water Softener
  • Septic System

Additional Features

  • Deck
  • 0.93 Acre Lot

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,465

Year Built

Built in 1977

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Type: Covenants, Panorama, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 624
  • Front: 140.54
  • General Features: Deck, Laundry Basement
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.93
  • Rear: 170
  • Side 1: 262.89
  • Side 2: 260
  • Type: House
  • Agent Only_ L A1 User Code: F_530
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 936
  • Estimated Upper Sq Ft: 312
  • Garage Type Driveway: Gravel, None
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Charming contemporary Cape Cod sited on just under an acre offering gorgeous vistas and beautiful panoramas all in a location just minutes from Lake Galena and the Property Owners' Club. Open main level features cozy kitchen, bedroom (currently used as office), 1/2 bath, light and bright living room with dining area, wood-burning fireplace with tile surround, updated laminate flooring, and access to deck. Upper level houses two additional bedrooms with elevated views as well as nicely appointed full bath with updated vanity (2016) and tub with tile surround. Full walk-out unfinished basement is a great place for workshop, storage, etc. Take in the breathtaking views from the the large wraparound deck, a portion of which was updated in 2018. Expansive yard space allows for a huge space to enjoy nature and the outdoors, and around house is highlighted with limestone retaining wall accents. Additional updates included siding and windows (around 2005), washer and dryer (2017), laminate flooring in kitchen, dining, and living rooms (2017), and carpeting in bedrooms (2017).
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 481011435
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Dining Room: On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 106.84
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Cement Board
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1115

Schools

  • School District: Scales Mound
  • Elementary School: Scales Mound
  • Middle School: Scales Mound
  • High School: Scales Mound
  • Elementary School #2: Scales Mound

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2017
  • Taxes: 2465

MLS Schools

  • HighSchool: Scales Mound
  • School District: Scales Mound
  • Middle School: Scales Mound

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Aug 21, 2020
Sold by
Mcafee Billy D and Mcafee Karen
Bought by
Clark Byron M and Clark Karlene R
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
List Price
$138,500
Sold Price
$125,000
Premium/Discount to List
-$13,500
-9.75%
Current Estimated Value
$258,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,248
Avg. Annual Appreciation
14.69%
Original Mortgage
$115,000
Outstanding Balance
$102,286
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$146,429

Purchase Details

Listed on
Jun 25, 2018
Closed on
Oct 17, 2018
Sold by
Srenn Thomas E
Bought by
Mcafee Billy D
Seller's Agent
Damon Heim
COLDWELL BANKER NETWORK REALTY
Buyer's Agent
SCOTT ETTLEMAN
CHOICE REALTY
List Price
$127,500
Sold Price
$100,000
Premium/Discount to List
-$27,500
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $125,000 Attorney Only
Grant Deed $100,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $125,000 -9.7% $95 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $138,500 +38.5% $106 / Sq Ft
10/17/2018 10/17/18 Sold $100,000 -21.6% $107 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $127,500 -- $136 / 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 $3,310 $68,518 $2,232 $66,286
2023 $3,112 $59,883 $1,951 $57,932
2022 $3,112 $44,689 $1,456 $43,233
2021 $2,427 $41,444 $1,350 $40,094
2020 $2,548 $36,436 $1,220 $35,216
2019 $2,500 $35,827 $1,200 $34,627
2018 $1,730 $36,266 $1,215 $35,051
2017 $2,465 $36,266 $1,215 $35,051
2016 $2,461 $36,726 $7,598 $29,128
2015 $2,431 $36,726 $7,598 $29,128
2014 $2,484 $39,164 $8,102 $31,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 121157

NorthWest Illinois Alliance of REALTORS®

APN: 08-201-090-00