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$230,000   Price Analysis
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16 Settler Ln
Galena, IL 61036
2 bed 2 bath 950 SqFt ($242/SqFt)
Built 1984
Listed 2024-05-02, HOA $335, Taxes $2,114
USDA Eligible
near Aiken, IL
 

Discover the perfect investment opportunity with this charming Settlement Cottage featuring a current Guest Accommodation license.

This property offers a cost-effective entry into the market. Inside, you'll find a roomy eat-in kitchen, a welcoming living room, a full bathroom and a bedroom on the main level. An open stairwell floods the upper level with natural light, leading to a large bedroom with a king-sized bed and sitting area, along with another full bathroom, a generous closet and convenient washer and dryer. Step outside onto the decka delightful spot for sipping a beverage, diving into a good book or grilling your favorite meal on the new grill.

Recent upgrades include maintenance-free boards on the entryway and deck. Located minutes from Historic downtown Galena, this retreat is surrounded by amenities including four onsite golf courses, a fishing lake, two swimming pools, the Shenandoah Riding Center fo r horse enthusiasts and tennis and fitness areas. Settlement hmes are part of the Eagle Ridge Townhouse Association (ERTA), providing maintenance for exterior siding, roofs, decks, chimneys, grounds, parking, snow removal and trash collection for a monthly fee of $335. Sold furnished with a few exceptions, this property offers a turnkey investment opportunity.


Presented by Danielle Cline at
DC Rise Real Estate.
Listing Agent Photo

Property MLS #202402018 from NorthWestILAlliance

Bedrooms: 2
Primary Bedroom Dimensions: 11 x 17
Bedroom 2 Dimensions: 10 x 11
Primary Bedroom Level: Upper
Bedroom 2 Level: Main

Total Bathrooms: 2 / 0
Full Bathrooms: 2
Full Bathrooms On Main Level: 1
Full Bathrooms On Upper Level: 1

Ceiling Fans/Remotes
Window Treatments

Appl That Stay/Incl: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
Stove/Range Fuel: Electric

Basement Features: Crawl Space
Living Room Dimensions: 11 x 14
Living Room Level: Main

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Baseboard, Electric
Number of Fireplaces: 1

Dining Room Level: Main
Kitchen Dimensions: 11 x 10
Kitchen Level: Main

Lot Description: Wooded, Covenants, Restrictions

Road Frontage Type: County/City Road

Association: Yes
Association Amenities: Lawn Care, Snow Removal, Pool Access, Clubhouse
Association Fee: 335
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 335

Elementary School: Galena
High School: Galena
Middle School: Galena
School District: Galena

Galena Primary School is a public elementary school located approximately 4.9 miles away.
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Galena High School is a public high school located approximately 5 miles away.
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Galena Middle School is a public elementary and middle school located approximately 5.1 miles away.
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Deck
Annual Tax Amount: 3338
Source Listing Status: ACTIVE and AVAILABLE
County: Jo Daviess County
Tax Year: 2023
Source Property Type: CONDO
Area: Galena Territory
Property Subtype: townhouse
Source Neighborhood: Galena Territory
Ownership Type: Fee Simple
Parcel Number: 0641000116
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$24,342 + $3,603
$27,945
$2,114
2021$22,518 + $3,333
$25,851
$1,988
2020$23,030 + $3,328
$26,358
$2,083
2019$23,030 + $3,328
$26,358
$2,068
2018$23,065 + $3,333
$26,398
$2,023
2017$23,065 + $3,333
$26,398
$1,982
2016$25,918 + $4,689
$30,607
$2,255
2015$25,918 + $4,689
$30,607
$2,260
2014$27,279 + $4,935
$32,214
$2,295
2013$27,638 + $5,000
$32,638
$2,277
2012$37,912 + $5,415
$43,327
$2,790
2011$38,686 + $5,700
$44,386
$2,622
2010$40,722 + $6,000
$46,722
$2,640
2009$40,722 + $6,000
$46,722
$2,575
2008$35,108 + $9,318
$44,426
$2,491
2007$33,596 + $8,917
$42,513
$2,423

Price Changed 2024-05-31
$230,000
NorthWestILAlliance
Listed 2024-05-02
$235,000
NorthWestILAlliance
Listing removed 2023-04-14
$0
NorthWestILAlliance
Sold 2023-04-14
$225,000
SCWMLS
Listed 2023-03-24
$215,000
MRED
Listed 2023-03-23
$215,000
SCWMLS
Listed 2023-03-23
$215,000
NorthWestILAlliance
Listing removed 2018-03-20
$0
Freeport
Sold 2018-03-19
$77,500
SCWMLS
Listing removed 2018-03-19
$82,900
Freeport
Sold 2018-03-16
$77,500
Public Record
Listed 2018-03-16
$77,500
SCWMLS
Relisted 2018-02-01
$82,900
Freeport
Listing removed 2018-01-26
$0
Freeport
Listing removed 2018-01-25
$82,900
Freeport
Price Changed 2017-03-02
$82,900
Freeport
Price Changed 2016-06-29
$85,900
Freeport
Price Changed 2016-04-27
$89,900
Freeport
Listed 2016-01-27
$94,900
Freeport

Total Square Feet Living: 950
Year Built: 1984
Above Grade Finished Area: 950
Building Exterior Type: Wood
Property Age: 40
Roof: Shingle
House Style: Townhouse
Total Above Grade Sqft Area: 950
Total Area Main: 572
Total Area Upper: 378

Electric: Circuit Breaker

Other Equipment: Electric
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.