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1163 Falcon Ridge Dr; Elgin, IL Property Details

1163 Falcon Ridge Dr, Elgin, IL is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 1163 Falcon Ridge Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,377 square feet.

Off market
1163 Falcon Ridge Dr Elgin, IL 60124
$280,000 Listing Price
4 Beds
2.5 Baths
2,377 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2014
  • Purchase Price: $280,000
  • Open Loans / Balance: 1 / $227,524
  • Est. Equity / %: $211,476 / 48.17%
  • Gross Yield: 9.094%
  • APN: 05-25-454-053
  • Situs County: Kane
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5

Measurements

  • Total: 2,377/SqFt
  • Price Per Square Foot: $117.80

Legal Description

  • Description: BOWES CREEK COUNTRY CLUB PHASE 2 PT OF LT 312 AS DESCRIBED IN 2014K014589
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.003113 / -88.382355
  • Subdivision: Bowes Creek Country Club
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3122

HOA

  • H O A One: $553
  • H O A Amount: $553
  • H O A One Frequency: Annual
  • H O A One Name: Bowes Creek Master Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Bowes Creek Townhome Owners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

1163 Falcon Ridge Dr has no associated ownership info
1163 Falcon Ridge Dr has no associated ownership info.

Taxes

1163 Falcon Ridge Dr has 10 associated Taxes items

1163 Falcon Ridge Dr, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $131,700. The APN we've located for 1163 Falcon Ridge Dr is 05-25-454-053.

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Taxes
  • Assessed Value:  $131,700
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  05-25-454-053
  • Assessed Land Value:  19860
  • Market Land Value:  59604
  • Tax Amount:  8952.98
  • Tax Year:  2025
  • Market Value:  395258
  • Market Year:  2025

Tax History

1163 Falcon Ridge Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,700 Land Value $19,860 Improvement Value $111,840 Tax Amount $8,952.98 Change Rate Assessed CR Tax Rate +0.06798%
Year 2024 Assessed Value $122,182 Land Value $18,425 Improvement Value $103,757 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $110,522 Land Value $16,667 Improvement Value $93,855 Tax Amount $8,931.52 Change Rate +0.080367% Assessed CR Tax Rate +0.080812%
Year 2022 Assessed Value $99,043 Land Value $16,018 Improvement Value $83,025 Tax Amount $8,267.12 Change Rate +0.041789% Assessed CR Tax Rate +0.08347%
Year 2021 Assessed Value $92,600 Land Value $15,475 Improvement Value $77,125 Tax Amount $7,935.5 Change Rate -0.002321% Assessed CR Tax Rate +0.085697%
Year 2020 Assessed Value $90,936 Land Value $15,197 Improvement Value $75,739 Tax Amount $7,953.96 Change Rate -0.074628% Assessed CR Tax Rate +0.087468%
Year 2019 Assessed Value $89,760 Land Value $15,000 Improvement Value $74,760 Tax Amount $8,595.42 Change Rate -0.12679% Assessed CR Tax Rate +0.09576%
Year 2018 Assessed Value $95,680 Land Value $17,516 Improvement Value $78,164 Tax Amount $9,843.47 Change Rate -0.990165% Assessed CR Tax Rate +0.102879%
Year 2017 Assessed Value $95,236 Land Value $17,072 Improvement Value $78,164 Tax Amount $1,000,845.44 Change Rate +97.68392% Assessed CR Tax Rate +10.509108%
Year 2016 Assessed Value $92,977 Land Value $16,667 Improvement Value $76,310 Tax Amount $10,141.93 Change Rate Assessed CR Tax Rate +0.10908%
Year 2015 Assessed Value $103,885 Land Value $16,667 Improvement Value $87,218 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $45,160 Land Value $1,200 Improvement Value $43,960 Tax Amount Change Rate Assessed CR Tax Rate