3 months on rocket

7 Farmstead Ln, Galena, IL, 61036

$289,900

Home List Price

$3,443*

Closing Credit

4 Bedrooms
3 Full Baths
1,744 SqFt
$166/SqFt
Townhouse

Location

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7 Farmstead Ln, Galena$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingUnassigned
Year Built1983
HeatingElectric, Baseboard, Zoned
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #12107449
StatusActive

About 7 Farmstead Ln

Rarely available 4-bedroom, 3-bathroom Farmstead end unit with an active Guest Accommodation License (sleeps 10)! This property is sold turnkey (any existing reservations can be turned over to new owners). Attractive laminate wood flooring throughout the main floor with a tastefully decorated open living area (living room, dining room, and kitchen), large bedroom and bath, and spacious deck. The upper level is home to a roomy master bedroom with an ensuite full bath. The lower level includes two additional bedrooms, a bathroom, and a cozy family/game room. Previous and current owners have completed updates and seen improvements by the Townhouse Association, such as fiber cement siding (2015 and stained in 2023), Anderson Sliding doors (2015), AC (2018), composite decking throughout the complex (2021), windows (2021), new mattresses and living room furniture (2022), and new shingles (2023). The property is sold furnished (owners' closet personal items excluded) to be transferred on a separate bill of sale. There is an additional $1,360 Galena Territory Association annual fee with this townhouse providing access to the GTA Owners' amenities

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 2
  • Living Area: 1,744 SqFt

Listing Office:

  • Office Name: Eagle Ridge Realty, Inc
  • Office Phone: (815) 777-2800
  • Listing Agent: Mark Sumpter

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Dining Combo, Drapes/Blinds, Some Wall-To-Wall Cp, Replacement Windows
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Unassigned

Utilities

Utilities Information:

  • Heating: Electric, Baseboard, Zoned
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Scales Mound High School, Public District Grades 9-12
  • Scales Mound Jr High School, Public District Grades 6-8
  • Scales Mound Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Enter The Galena Territory via Eagle Ridge Drive from US Highway 20 West. Turn right onto Wachter Road. Turn right onto Farmstead Lane and make an immediate right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $166/SqFt

HOA Fees:

  • Amount: $335
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,505
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Galena, IL.

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Galena, IL

City

Med. Sold Price

$298K

Med. Price/SqFt

$171

Avg. Days On Market

49

# of Sold Homes

3

7 Farmstead Ln vs Galena

112 DAYS ON ROCKET

+63 Days

$289,900

-$8.1K Less

$166/SqFt

-$6 Less

KEY TAKEAWAY

This property is $8.1K less than the Median Sold Price and $6/SqFt less than other homes in Galena, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12107449

Listing Office:

  • Office Name: Eagle Ridge Realty, Inc
  • Office Phone: (815) 777-2800
  • Listing Agent: Mark Sumpter

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,505$35,820
2019$2,458$35,221
2017$2,441$35,653

History based on county public records data.

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30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-31986
3
/10

  • Scales Mound Elementary School

  • 210 Main St

  • 6.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-31987
8
/10

  • Scales Mound Jr High School

  • 210 Main St

  • 6.30 miles

  • Public District Grades 6-8

High School

school-card-donut-31988
7
/10

  • Scales Mound High School

  • 210 Main St

  • 6.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,721. Most Galena, IL residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Farmstead Ln

What is the listing price of this property?

The listing price of 7 Farmstead Ln property is $289,900.

What type of property is this?

The property 7 Farmstead Ln is a townhouse located in Galena, Illinois, 61036.

Is this property for sale now?

Active Listing: 7 Farmstead Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7 Farmstead Ln are:
Scales Mound Elementary School: GreatSchools Rating 3/10
Scales Mound Jr High School: GreatSchools Rating 8/10
Scales Mound High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,505 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7 Farmstead Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7 Farmstead Ln is 1,744 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Farmstead Ln is 1983.

Rocket Homes›Illinois›Jo Daviess County›Galena›61036›7 Farmstead Ln

This home is located at 7 Farmstead Ln in Galena, IL and zip code 61036. This 1,744 square foot home was built in 1983. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $289,900.

While more than 0 listings in Galena, IL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. The number of listings in Galena, IL increased by 4.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 49 days, the median list price was $298,000.

From Rocket Homes Real Estate and based on county public records data.

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