NOT LISTED FOR SALE

LC02 Long Bay Point Dr Galena, IL 61036

1 Bed
1 Bath
784 Sq Ft
$113/mo HOA Fee

Last Sold June 15, 2023

Last sale price $205,000 $261 Per Sq Ft

Highlights

  • Whirlpool Bathtub
  • Screened Porch
  • Forced Air Heating and Cooling System
  • Granite Countertops
  • Patio
  • Wood Burning Fireplace

About This Home

As of June 2023

Welcome to the Lake Point Hideaway! Located in the heart of The Galena Territory with Lake Galena, Eagle Ridge Resort & Spa, Long Bay Point private pool (just for the Condos) and the North Golf Course just minutes away from the front door. Enjoy this beautifully remodeled luxuriously spacious 1 bedroom, 1 bathroom with (whirlpool tub) corner unit Condo. The kitchen has Granite counter tops and newer appliances, just some of the very high-quality appointments in Condo LC2. This Condo is being sold fully furnished (including an outdoor gas grill) as a turnkey investment complete with a 2023 Jo Daviess County Guest Accommodation License. Owner gross revenue in 2022 was $34,372 generated through 237 nights of lodging! A proven Owner revenue & profit generator, here is your opportunity to make an income and enjoy getaways. Owner will gladly transfer Vacation Homes of Galena existing bookings at closing (35 nights already booked for June/July/August. If you love it that much, there is no commitment to continue rentals, you can have it all to yourself. The annual Galena Territory HOA dues include an outstanding owners club, indoor & outdoor pools, tennis/pickleball/basketball courts, Lake Galena/Marina, Shenandoah Riding Center, 24/7 Security, paved walking trails and 20+ miles of nature trials. One of the paved trails just steps away and meanders along the shoreline of Lake Galena. The monthly Condo LC02 HOA dues are $336.63 covering exterior maintenance, Long Bay Point Pool and Cable.

Last Agent to Sell the Property

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 05/16/2023

COLDWELL BANKER NETWORK REALTY

Last Buyer's Agent

Peter Brennan

COLDWELL BANKER NETWORK REALTY License #471008765 Listed on: 05/16/2023

COLDWELL BANKER NETWORK REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1986

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • 784 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include cable TV

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,744

Year Built

Built in 1986

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Countertop-Granite, Whirlpool Tub, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Other
  • Electric: Circuit Breaker
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 784
  • Fee Includes: Cable TV
  • General Features: Patio, Porch Screened
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: To Follow on Deed
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Electric
  • Type: Condominium
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Agent Only_ Designated Managing Broker Y N: No
  • Agent Only_ L A1 User Code: F_108
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 784
  • Garage Type Driveway: None
  • Hold Earnest Money Y N: Yes
  • Licensed Unit Number: LC02
  • Pertinent Facts: Welcome to the Lake Point Hideaway! Located in the heart of The Galena Territory with Lake Galena, Eagle Ridge Resort & Spa, Long Bay Point private pool (just for the Condos) and the North Golf Course just minutes away from the front door. Enjoy this beautifully remodeled luxuriously spacious 1 bedroom, 1 bathroom with (whirlpool tub) corner unit Condo. The kitchen has Granite counter tops and newer appliances, just some of the very high-quality appointments in Condo LC2. This Condo is being sold fully furnished (including an outdoor gas grill) as a turnkey investment complete with a 2023 Jo Daviess County Guest Accommodation License. Owner gross revenue in 2022 was $34,372 generated through 237 nights of lodging! A proven Owner revenue & profit generator, here is your opportunity to make an income and enjoy getaways. Owner will gladly transfer Vacation Homes of Galena existing bookings at closing (35 nights already booked for June/July/August. If you love it that much, there is no commitment to continue rentals, you can have it all to yourself. The annual Galena Territory HOA dues include an outstanding owners club, indoor & outdoor pools, tennis/pickleball/basketball courts, Lake Galena/Marina, Shenandoah Riding Center, 24/7 Security, paved walking trails and 20+ miles of nature trials. One of the paved trails just steps away and meanders along the shoreline of Lake Galena. The monthly Condo LC02 HOA dues are $336.63 covering exterior maintenance, Long Bay Point Pool and Cable.
  • Rental License: Yes
  • Estimated Above Grade Sq Ft: 784
  • L O1 Brokerage Number: 478010163
  • S O1 Brokerage Number: 478010163
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Basement Type: Slab
  • Master Bedroom: Dimensions: 16'x13'5, On Level: Main
  • Fireplace Type: Wood
  • Dining Room: On Level: Main
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 8'5x8'2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20'3x13'4
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 261.48
  • Recreation Room: No
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1360

Schools

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

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 1744

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $205,000 +2.6% $261 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $199,900 -- $255 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202302498

NorthWest Illinois Alliance of REALTORS®