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418 Franklin Street

418 Franklin Street, Galena, IL 61036
Property in West Galena
Sold Apr 21, 2016
$265,000
$245,000 by Wells Fargo Bk Na
Mortgage Due May 01, 2046
418 Franklin Street in Galena, IL was first built in 1800 and is 224 years old. This has been categorized as a residential property type. There are a total of 2 floors. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 2,280. In total, the area measurement of the land is 34,412 square feet.

Learn more about the property and building on this page. 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 brick control joints. The exterior walls of the home are made of brick. 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, 418 Franklin Street sold most recently in Apr 21, 2016 for a total of $265,000. If you work out the math, that's approximately a cost of $71.54 per sqft. 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 $0 in taxes each year. 418 Franklin Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $103,058. If we break it down further, the land itself was valued at $9,329. Improvements to the property, however, were assessed at a total of $93,729. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stone Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Lot Size Depth Feet: 2,280
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,704
  • Gross Building Area: 3,704
  • Building Area: 3,704
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY GALENA
  • Land Acres: 0.79
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: FRANKLIN STREET LOTS 35, 36 & LOT 34 EXC. 6' X 100'

Ownership

  • Current Owner : HERNANDEZ ALONZO CARMEN
  • Previous Owner : HOLLAND JOEL C
  • Previous Owner 2: HOLLAND JOELLEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galena Unit School District 120
  • Census Tract: 020300

Geography

  • Parcel: 22-100-325-00
  • Lot: 35-36
  • Municipality: WEST GALENA
  • Latitude: 42.4198
  • Longitude: -90.4287

    Address

  • Full Address: 418 Franklin St
  • Address - House Number: 418
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Galena
  • Carrier Code: C004
  • 4-Digit Zip Code: 1729
  • Zip Code: 61036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 22003

    Appraisal Valuation

  • Standard Deviation: 0.1262
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 85
  • Final Value: 372,210
  • High Value: 419,218
  • Low Value: 325,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: WELLS FARGO BK NA
  • First Open Lien Mortgage Recording Date: Apr 21, 2016
  • First Open Lien Mortgage Loan Amount: $245,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Market Valuation

  • Market Total Value: $309,205
  • Market Land Value: $27,990
  • Market Improvement Value: $281,215

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,058
  • Assessed Land Value: $9,329
  • Assessed Improvements Value: $93,729

    Sales

  • Current Sale Contract Date: Apr 21, 2016
  • Current Sale Recording Date: Apr 21, 2016
  • Current Sale Transaction ID: 11707910745
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BK NA
  • First Mortgage Transaction Date: Apr 21, 2016
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2046

About Galena



Similar Buildings

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Nearby Rentals

Unit for rent at 9728 Us Highway 20 West, GALENA, IL, 61036

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,565 ft²
9728 Us Highway 20 West, GALENA, IL, 61036 Listing by GARRETT HILLARY

Frequently Asked Questions

What neighborhood is 418 Franklin Street located in?
The 418 Franklin Street is a located in the neighborhood of West Galena in Galena, Galena.
What is the average sales price for listings in 418 Franklin Street?
The average sales price for units in 418 Franklin Street is $0 currently.

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