$105,000
SOLD AUG 17, 2018

7497 Chestnut Dr Galena, IL 61036

2 Beds
1.5 Baths
1,114 Sq Ft
1.03 Acres

Recently Sold

$94 Per Sq Ft

24% Below List Price

477 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Water Softener
  • Galena Primary School Rated A-
  • Forced Air Heating and Cooling System

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

Joan Murray

Eagle Ridge Realty License #475131930 Listed on: 03/13/2017

Last Buyer's Agent

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 2006

Lot Details

  • 1.03 Acre Lot
  • Property fronts a county road
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • Partial Basement
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Road Frontage: County/City Road
  • Type: Wooded, Panorama
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 606
  • General Features: Deck, Laundry 1st Floor
  • Grid: Galena
  • Lot Acreage: 1.03
  • Lvt Date: 03/14/2017
  • Type: House
  • Agent Only_ L A1 User Code: F_136
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 1114
  • Estimated Upper Sq Ft: 508
  • Garage Type Driveway: Gravel
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: 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.
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 477014663
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 94.25
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Metal
  • Roof: Metal

Utilities

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

Schools

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

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2017
  • Taxes: 2456

MLS Schools

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

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
$301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,000
Avg. Annual Appreciation
16.31%
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 Type Sale Price Title Company
Grant Deed $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: 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 $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: NorthWest Illinois Alliance of REALTORS®

MLS Number: 119105

NorthWest Illinois Alliance of REALTORS®

APN: 14-000-279-00