NOT LISTED FOR SALE

8 Colony Ln Galena, IL 61036

Estimated Value: $383,000 - $460,000

3 Beds
3.5 Baths
2,240 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $241,000 $108 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,055/month

142 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Fireplaces
  • Galena Primary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of March 2018

This charming home appears small from the street but once you are inside that is certainly not the case. The exterior has lots of appeal with stone columns highlighting the cedar siding. The interior is just as well done, it has been meticulously maintained and is beautifully furnished. Many of the walls have bold colors. You will notice them as soon as you get in the house. Main level bedroom as well as 2 bedrooms downstairs and a bonus room that could make a very nice study/office. There are fireplaces at both the main level as well as the lower level. The screen porch is actually a 3 season space with both screens and window panels. Upper and lower level decks, the gas grill located on the upper deck is tapped in to the l.p. line. An added feature is the basement air system by Sani Dry-XP for added comfort. The home is being sold with all of the furniture except for toys, family photos and personal mementos. Price to be negotiated and personal property will be conveyed by bill of sale.

Last Agent to Sell the Property

Jon Checker

COLDWELL BANKER NETWORK REALTY License #475131557 Listed on: 08/23/2017

COLDWELL BANKER NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • Fuel Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

Built in 1997

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Road Frontage: County/City Road
  • Type: Wooded, Rural
  • Electric: Circuit Breaker
  • Additional Room 6: L, On Level: Lower
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1120
  • Estimated Below Grade Finished Sq Ft: 1120
  • General Features: Deck, Laundry 1st Floor, Porch 3 Season
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.32
  • Rear: 80
  • Side 1: 178.21
  • Side 2: 168.89
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_115
  • Egress: Yes
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 2240
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This charming home appears small from the street but once you are inside that is certainly not the case. The exterior has lots of appeal with stone columns highlighting the cedar siding. The interior is just as well done, it has been meticulously maintained and is beautifully furnished. Many of the walls have bold colors. You will notice them as soon as you get in the house. Main level bedroom as well as 2 bedrooms downstairs and a bonus room that could make a very nice study/office. There are fireplaces at both the main level as well as the lower level. The screen porch is actually a 3 season space with both screens and window panels. Upper and lower level decks, the gas grill located on the upper deck is tapped in to the l.p. line. An added feature is the basement air system by Sani Dry-XP for added comfort. The home is being sold with all of the furniture except for toys, family photos and personal mementos. Price to be negotiated and personal property will be conveyed by bill of sale.
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 478027388
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 107.59
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1115

Schools

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

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2016
  • Taxes: 5013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Feb 26, 2018
Sold by
Belongia Clay O and Belongia Carolyn M
Bought by
Appenheimer Alpheus T and Appenheimer Sharon M
Seller's Agent
Jon Checker
COLDWELL BANKER NETWORK REALTY
List Price
$279,900
Sold Price
$241,000
Premium/Discount to List
-$38,900
-13.9%
Current Estimated Value
$409,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,606
Avg. Annual Appreciation
6.96%
Original Mortgage
$192,800
Outstanding Balance
$114,049
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$282,994
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
Appenheimer Alpheus T $241,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appenheimer Alpheus T $192,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $241,000 -13.9% $108 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
08/23/2017 08/23/17 For Sale $279,900 -- $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 $8,640 $124,972 $6,215 $118,757
2023 $7,223 $101,943 $5,070 $96,873
2022 $7,223 $86,938 $4,324 $82,614
2021 $6,187 $80,424 $4,000 $76,424
2020 $5,359 $67,810 $3,994 $63,816
2019 $5,321 $67,810 $3,994 $63,816
2018 $5,207 $67,912 $4,000 $63,912
2017 $5,101 $67,912 $4,000 $63,912
2016 $5,013 $68,031 $7,481 $60,550
2015 $5,024 $68,031 $7,481 $60,550
2014 $4,748 $68,031 $7,481 $60,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 119729

NorthWest Illinois Alliance of REALTORS®

APN: 06-412-024-00