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Off market
  • $526,500

    551 Territory Dr, Galena, IL 61036

    6beds
    4,432sqft
    SingleFamily
    Built in 1989
    3.13 Acres Lot
    $526,500 Zestimate®
    $119/sqft
    $3,185 Estimated rent

    Home value

    $526,500

    $469,000 - $595,000

    $3,185/mo

    Zestimate® history
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    $3,629/mo

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    What's special

    Driving up the long curved driveway between the property and adjacent green space is where the "WOW" factor starts as you can see the whole curved front elevation of this spacious home beautifully set in the side of the hill. The western views of The Galena Territory and distant rural Jo Davies County are spectacular. The stone accent and covered front porch is your entrance to the interior foyer. Main floor ranch style living has everything you need on one floor. The west wing has three bedrooms & three baths. The center of the first floor has the step down living room centered on a floor to ceiling stone fireplace, wood ceiling beams and pillars that set off the billiards parlor. The east wing has the formal dining room, kitchen and large laundry room. The spacious kitchen is set up for entertaining with 2 sinks, Corian counter tops, loads of cabinets and prep space, updated appliances with a double oven, and eating area that seats eight people. The "kitchen" area is where everyone congregates and there is room here for all of them. Step out from the kitchen onto the wrap around deck to watch turkey, deer and hot air balloons while entertaining outdoors with the hot tub and plenty of dinning and relaxing space. The entire second floor is dedicated to the master bedroom suite with 2 large walk in closets and spa like bathroom with separate sinks, soaking bathtub and shower. The lower level has a guest bedroom & bath with a spacious family room for additional entertaining and gaming machines. The family room leads to a massive unfinished storage/ work shop area and over sized 2.5 car garage. The spectacular 3-acre park-like lot with long views is surrounded by green space on 3 of the 5 lot lines which is part of The Galena Territory Trail System. Located in the resort core, this home is close to all the amenities of Eagle Ridge Resort & Spa, Lake Galena and The Galena Territory Owners' Club complex. The home is licensed for rental with an excellent stream of income. The home is being sold unfurnished, however, with a few exceptions; all furnishings are easily negotiated for sale on a separate bill of sale at closing. Sale subject to the GTA documentation fee. The deck & exterior scheduled to be stained in 2019. If sold before work is done, Seller will offer an allowance. For the ultimate privacy the vacant lot across the street @ 548 Territory Dr is available forsale.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Main Floor
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,432 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Wood products
    • Has spa: Yes
    • Has view: Yes
    • View description: Territorial, Mountain
    Lot
    • Size: 3.13 Acres
    Details
    • Parcel number: 0840702900

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1989

    Utilities & green energy

    • Electric: Circuit Breaker
    • Sewer: Septic

    Community & HOA

    Community
    • Features: Fitness Center
    Location
    • Region: Galena

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $484,617

    Price history

    DateEventPrice
    4/22/2020Sold$295,000-1.3%$67/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #121759 Report a problem
    2/24/2020Pending sale$299,000$67/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    9/17/2019Price change$299,000-11.8%$67/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    9/3/2019Price change$339,000-5.6%$76/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    5/31/2019Price change$359,000-4%$81/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    5/9/2019Price change$374,000-2.6%$84/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    4/18/2019Price change$384,000-3.8%$87/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    2/18/2019Listed for sale$399,000+112.8%$90/sqft
    Source: PREFERRED PROPERTIES OF GALENA #20190198 Report a problem
    2/13/2015Sold$187,500-18.1%$42/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #115208 Report a problem
    11/4/2014Price change$229,000+4.6%$52/sqft
    Source: Preferred Properties at Eagle Ridge LLC #20142282 Report a problem
    10/9/2014Price change$219,000-6.8%$49/sqft
    Source: Preferred Properties at Eagle Ridge LLC #20141778 Report a problem
    9/6/2014Price change$235,000-5.6%$53/sqft
    Source: Preferred Properties at Eagle Ridge LLC #20141778 Report a problem
    7/24/2014Price change$249,000-3.9%$56/sqft
    Source: McCoy Real Estate Services, Inc. #20132348 Report a problem
    6/21/2014Price change$259,000-2.3%$58/sqft
    Source: McCoy Real Estate Services, Inc. #20132348 Report a problem
    4/30/2014Price change$265,000-5%$60/sqft
    Source: McCoy Real Estate Services, Inc. #20132348 Report a problem
    2/1/2014Price change$279,000-5.4%$63/sqft
    Source: McCoy Real Estate Services, Inc. #20132348 Report a problem
    11/26/2013Listed for sale$295,000+73.5%$67/sqft
    Source: McCoy Real Estate Services, Inc. #20132348 Report a problem
    6/26/2012Sold$170,000-22.7%$38/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #110771 Report a problem
    4/19/2012Listed for sale$220,000$50/sqft
    Source: Preferred Properties at Eagle Ridge LLC #20120747 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $161,539 +14.4%
    2023-- $141,181 +34%
    2022-- $105,359 +7.8%
    2021-- $97,708 +49.1%
    2020$1,487 -66%$65,515 +1.7%
    2019$4,372 +1.5%$64,420 -1.2%
    2018$4,309 $65,209 +5.6%
    2017$4,309 +7.4%$61,758 +16%
    2016$4,011 +18.3%$53,224
    2015$3,391 +0.5%$53,224 -6.2%
    2014$3,374 -58.1%$56,757 -62.3%
    2013$8,057 $150,685 -10.5%
    2010-- $168,377 -6%
    2009-- $179,124
    Find assessor info on the county website

    Neighborhood: 61036

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: River Ridge

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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