NOT LISTED FOR SALE

7497 Chestnut Dr Galena, IL 61036

Estimated Value: $262,000

2 Beds
2 Baths
1,114 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $105,000 $94 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,808/month

73 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Wood Flooring
  • Galena Primary School Rated A-
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of August 2018

Ideal weekend, get-away cottage in the Galena area! Ensconced within this sharp, modernist exterior, you will find a warm, bright interior with huge windows and lovely wood accents that allow you to feel immersed in nature, upon this wooded, one-acre site. ---- Located just a few minutes from the famed Chestnut Mountain Ski Resort, among a collection homes, barns, and cottages, you can enjoy solitude and easy access to wonderful amenities. A leisurely drive through the hilly countryside, leads you to downtown Galena with the Midwest’s finest collection of little shops, restaurants, galleries, and more. ---- This easy to maintain home was custom-built in 2006 with hardwood floors, soaring ceilings, pretty lighting, central air, Marvin windows, granite counters, Viking stove, U-Line under-counter refrigerator, front-load laundry, and a large basement storage space. With charming finishes and a whimsical flair, this home is perfect for relaxation, reflection, and inspiration. Water fee for community well is $60/annual.

Last Agent to Sell the Property

Bob Parris

Manchester Realty License #471015086 Listed on: 04/21/2018

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,277

Year Built

  • 2006

Lot Details

  • Southern Exposure
  • Wooded Lot

HOA Fees

  • $5 per month

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Steel Siding

Interior Spaces

  • Vaulted Ceiling
  • Storage Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • High End Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bidet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Private or Community Septic Tank

Additional Features

  • North or South Exposure
  • Balcony

Listing and Financial Details

  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,277

Year Built

2006

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Contemporary
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X28, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, High End Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Basement: Unfinished, Cellar, Exterior Access
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Bidet
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 05X05, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 07X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 11X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Storage, Dimensions: 10X15, On Level: Basement
  • Bedroom 2: Dimensions: 09X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1114
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Steel Siding
  • Roof Type: Metal
  • Exterior Property Features: Balcony
  • Exposure: N (North), S (South)
  • Acreage: 1.03

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Community
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Water
  • Assessment Association Fees: 60

Schools

  • School District: 120
  • Elementary School: Galena Primary School
  • Middle School: Galena Middle School
  • High School: Galena High School
  • Junior High Dist: 120

Lot Info

  • Lot Dimensions: 44,867 SQ. FT.
  • Lot Description: Wooded
  • Parcel Identification Number: 1400027900

Tax Info

  • Taxes: 2409.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Aug 17, 2018
Sold by
Nila Hofman
Bought by
Hutchcraft Te Reed
Seller's Agent
Bob Parris
Manchester Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%
Current Estimated Value
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,000
Avg. Annual Appreciation
16.59%
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
Hutchcraft Te Reed $105,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $105,000 0.0% $94 / Sq Ft
08/17/2018 08/17/18 Sold $105,000 -8.7% $94 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
07/03/2018 07/03/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $115,000 -3.4% $103 / Sq Ft
04/21/2018 04/21/18 For Sale $119,000 -14.4% $107 / Sq Ft
03/13/2017 03/13/17 For Sale $139,000 -- $125 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,277 $60,333 $16,442 $43,891
2023 $3,766 $52,096 $14,197 $37,899
2022 $3,766 $42,987 $11,715 $31,272
2021 $2,917 $37,288 $8,961 $28,327
2020 $2,816 $34,862 $8,378 $26,484
2019 $2,805 $34,862 $8,378 $26,484
2018 $2,517 $31,855 $4,573 $27,282
2017 $2,456 $31,855 $4,573 $27,282
2016 $2,409 $31,855 $4,573 $27,282
2015 $2,413 $31,855 $4,573 $27,282
2014 $2,299 $31,918 $4,573 $27,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09925027

Midwest Real Estate Data (MRED)

APN: 14-000-279-00