NOT LISTED FOR SALE

754 Park Ave Galena, IL 61036

Estimated Value: $103,201 - $166,000

1 Bed
1 Bath
642 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $62,000 $97 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $950/month

166 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • 2-minute walk to Grant Park
  • Galena Primary School Rated A-

About This Home

As of February 2017

Perfect weekend getaway home. Located on historical Park Ave with short walk to Grant Park and the walking bridge to downtown Galena. Home has been updated with new drywall, new electrical wiring, bathroom and kitchen. Going out the back door with historical brick pavers from Park Ave you will find a charming patio and garden shed. If you looking to buy a full time rental home this one is in high demand and was renting for $700 a month. Michael McDermott, miner, and his wife Mary Kelly, from Glin, Ireland, bought the property in mid 1800's, ( from A.G.S. Wight, who took over the Ferry and Trading Post Business when Francious Bouthillier died.) Michael's sister-in-law, Margaret Murray took over property and sold to George Melville, a cousin of Herman Melville, who visited the family in Galena before he wrote Moby Dick. The history of the property was very interesting as I documented 1840's ledgers, the Melville family tree, and all the people I could find that lived there. There were Thom. L. McDermott, 50 years with the railroad and William Garvey, a depot master Perhaps my favorite was Jack Winters, an old man that saved his neighbor's family, including 4 little girls, from being split up. He invited the family of 6 into his tiny cottage and changed their lives. A local rock band called it "The Hut" in the 60's, according to their Facebook. Finally, finding Michael and Mary's 3rd great grandson, Seumas McDermott, from Pa, and meeting him in Galena and sharing our stories, completed the story of the tiny Irish miner's cottage. More information is available. (ds11)

Last Agent to Sell the Property

Diane Self

EAGLE RIDGE REALTY License #475104134 Listed on: 08/14/2016

Last Buyer's Agent

Diane Self

EAGLE RIDGE REALTY License #475104134 Listed on: 08/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1800

Lot Details

  • 2,178

Home Design

  • 642 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Stove
  • Laundry on main level

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Type: Other
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 642
  • Front: 34
  • General Features: Laundry 1st Floor
  • Lvt Date: 08/14/2016
  • Rear: 45
  • Side 1: 44
  • Side 2: 44
  • Type: House
  • Agent Only_ L A1 User Code: F_53
  • Egress: No
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 642
  • Garage Type Driveway: None
  • Pertinent Facts: Perfect weekend getaway home. Located on historical Park Ave with short walk to Grant Park and the walking bridge to downtown Galena. Home has been updated with new drywall, new electrical wiring, bathroom and kitchen. Going out the back door with historical brick pavers from Park Ave you will find a charming patio and garden shed. If you looking to buy a full time rental home this one is in high demand and was renting for $700 a month. Michael McDermott, miner, and his wife Mary Kelly, from Glin, Ireland, bought the property in mid 1800's, ( from A.G.S. Wight, who took over the Ferry and Trading Post Business when Francious Bouthillier died.) Michael's sister-in-law, Margaret Murray took over property and sold to George Melville, a cousin of Herman Melville, who visited the family in Galena before he wrote Moby Dick. The history of the property was very interesting as I documented 1840's ledgers, the Melville family tree, and all the people I could find that lived there. There were Thom. L. McDermott, 50 years with the railroad and William Garvey, a depot master Perhaps my favorite was Jack Winters, an old man that saved his neighbor's family, including 4 little girls, from being split up. He invited the family of 6 into his tiny cottage and changed their lives. A local rock band called it "The Hut" in the 60's, according to their Facebook. Finally, finding Michael and Mary's 3rd great grandson, Seumas McDermott, from Pa, and meeting him in Galena and sharing our stories, completed the story of the tiny Irish miner's cottage. More information is available. (ds11)
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Master Bedroom: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Total Bathrooms: 1

Exterior Features

  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: LP Gas

Schools

  • Elementary School #2: Galena

Building Info

  • Year Built: 1800

Tax Info

  • Year: 2015
  • Taxes: 1771

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2016
Closed on
Feb 17, 2017
Sold by
Johnson Joseph F and Johnson Joan K
Bought by
Nelson Robert J and Nelson Terri L
Seller's Agent
Diane Self
EAGLE RIDGE REALTY
Buyer's Agent
Diane Self
EAGLE RIDGE REALTY
List Price
$85,500
Sold Price
$62,000
Premium/Discount to List
-$23,500
-27.49%
Current Estimated Value
$140,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,800
Avg. Annual Appreciation
9.89%
Source: Public Records

Range of Values:

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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
Nelson Robert J $62,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $62,000 -27.5% $97 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
08/14/2016 08/14/16 For Sale $85,500 -- $133 / 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 $2,560 $32,965 $3,108 $29,857
2023 $2,153 $26,890 $2,535 $24,355
2022 $2,153 $22,932 $2,162 $20,770
2021 $1,855 $21,214 $2,000 $19,214
2020 $1,855 $20,625 $2,000 $18,625
2019 $1,841 $20,625 $2,000 $18,625
2018 $1,799 $20,625 $2,000 $18,625
2017 $1,765 $20,625 $2,000 $18,625
2016 $1,762 $21,020 $2,000 $19,020
2015 $1,771 $21,020 $2,000 $19,020
2014 $1,684 $21,020 $2,000 $19,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 118230

NorthWest Illinois Alliance of REALTORS®

APN: 06-500-016-00