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5619 North Galena Road

5619 North Galena Road, Peoria Heights, IL 61616
Property in Richwoods
This has been categorized as a commercial property type. In total, the area measurement of the land is 63,162 square feet.

Learn more about the property and building on this page. 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, 5619 North Galena Road sold most recently in Nov 11, 2015 for a total of $100,000. 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 $4,423 in taxes each year. 5619 North Galena Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $48,210. If we break it down further, the land itself was valued at $27,460. Improvements to the property, however, were assessed at a total of $20,750. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.45
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SW 1/4 SEC 14-9N-8E 1.45 AC BEG INTERSEC SLY LN ST JUDE CT & WLY LN GALENA RD: TH SE ALG WLY LN GALENA RD 269.9 SW 230.57 NW 291.92 TO SLY LN ST JUDE CT NE ALG SLY LN ST JUDE CT 70.75 & 171.99 TO POB

Ownership

  • Current Owner : ROBERTSON ROBERT
  • Current Owner 2: ROBERTSON ELIZABETH
  • Previous Owner : GRANT IRENE FAMILY TRUST

Neighborhood

  • School District Name: Peoria Heights Community Unit School District 325
  • School Tax School District: RI
  • Census Tract: 004200

Geography

  • Section: 14
  • Parcel: 14-14-353-014
  • Municipality: RICHWOODS
  • Latitude: 40.7549
  • Longitude: -89.5635

    Address

  • Full Address: 5619 N Galena Rd
  • Address - House Number: 5619
  • Street Direction: N
  • Address - Street Name: Galena
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Peoria Heights
  • Carrier Code: C075
  • 4-Digit Zip Code: 4403
  • Zip Code: 61616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,423
  • Tax Rate Code Area: 207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: BANK OF YATES CITY
  • First Open Lien Mortgage Recording Date: Mar 09, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $144,630
  • Market Land Value: $82,380
  • Market Improvement Value: $62,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,210
  • Assessed Land Value: $27,460
  • Assessed Improvements Value: $20,750

    Sales

  • Current Sale Contract Date: Nov 11, 2015
  • Current Sale Recording Date: Nov 16, 2015
  • Current Sale Transaction ID: 11708521805
  • Current Sale Price: $100,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS EQUITY FIRST CU
  • First Mortgage Transaction Date: Nov 16, 2015
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 15, 2025

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Peoria Heights



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5619 North Galena Road located in?
The 5619 North Galena Road is a located in the neighborhood of Richwoods in Peoria Heights, Peoria Heights.
What is the average sales price for listings in 5619 North Galena Road?
The average sales price for units in 5619 North Galena Road is $0 currently.

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