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1003 Galena Drive

1003 Galena Drive, Round Lake, IL 60073
Property in Wauconda
Sold Jul 09, 2021
$350,000
$332,500 by United Wholesale Mortgage
Mortgage Due Jul 01, 2051
Sold Mar 03, 2011
$258,500
$247,569 by Ryland Mortgage Co
Mortgage Due Mar 01, 2041
1003 Galena Drive in Round Lake, IL was first built in 2010 and is 14 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1003 Galena Drive has 2,320 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,140 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 758 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1003 Galena Drive sold most recently in Jun 8, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $81.74 per sqft. Before that, the property was also sold for $258,500 in Feb 3, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,935 in taxes each year. 1003 Galena Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $120,093. If we break it down further, the land itself was valued at $23,270. Improvements to the property, however, were assessed at a total of $96,823. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,204
  • Garage Type: Attached
  • Garage Square Area: 758
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,140
  • Total Building Area: 4,282
  • Gross Building Area: 4,282
  • Building Area: 2,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANCASTER FALLS NORTH PARCEL SUB
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANCASTER FALLS NORTH PARCEL SUB;LOT 19

Ownership

  • Current Owner : NORDSTROM ERIK
  • Previous Owner : RICH TIMOTHY J
  • Previous Owner 2: SENASE JENNIFER A
  • Owner Before Previous Owner: THE RYLAND GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864207

Geography

  • Assessors Map Reference: 2530-E7
  • District: WAUCONDA
  • Parcel: 09-01-106-002
  • Lot: 19
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.3212
  • Longitude: -88.1397

    Address

  • Full Address: 1003 Galena Dr
  • Address - House Number: 1003
  • Address - Street Name: Galena
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Volo
  • Carrier Code: R013
  • 4-Digit Zip Code: 8187
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,935
  • Tax Rate Code Area: 13033

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 404,970
  • High Value: 474,728
  • Low Value: 335,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $360,315
  • Market Land Value: $69,817
  • Market Improvement Value: $290,498

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,093
  • Assessed Land Value: $23,270
  • Assessed Improvements Value: $96,823

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Transaction ID: 11850300672
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7806738
  • Previous Sale Recording Date: Mar 03, 2011
  • Previous Sale Contract Date: Feb 03, 2011
  • Previous Sale Amount: $258,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 09, 2021
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 03, 2011
  • Previous Mortgage Loan Amount: $247,569
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2041

About Volo



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1003 Galena Drive located in?
The 1003 Galena Drive is a located in the neighborhood of Wauconda in Volo, Round Lake.
What is the average sales price for listings in 1003 Galena Drive?
The average sales price for units in 1003 Galena Drive is $0 currently.

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