Large Location Icon

1238 Falcon Ridge Dr; Elgin, IL Property Details

1238 Falcon Ridge Dr, Elgin, IL is a Single Family. This property is currently Financed,New Construction and is not for sale.

Off market
1238 Falcon Ridge Dr Elgin, IL 60124
$131,431 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Purchase Price: $274,000
  • Open Loans / Balance: 1 / $154,544
  • Est. Equity / %: $278,456 / 64.31%
  • Gross Yield: 9.786%
  • APN: 05-25-455-095
  • Situs County: Kane
  • Length Of Ownership: 7 years, 9 months

Legal Description

  • Description: BOWES CREEK COUNTRY CLUB PHASE 2 PT LT 311 DESC IN DOC 2018K051621
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: 42.001373 / -88.383286
  • Subdivision: Bowes Creek Country Club
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3123

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Name: Bowes Creek Townhome Owners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Bowes Creek Master Association
  • H O A Two Type: Home Owner Association

Ownership Info

1238 Falcon Ridge Dr has no associated ownership info
1238 Falcon Ridge Dr has no associated ownership info.

Taxes

1238 Falcon Ridge Dr has 10 associated Taxes items

1238 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 $131,431. The APN we've located for 1238 Falcon Ridge Dr is 05-25-455-095.

Unlock the full report
Taxes
  • Assessed Value:  $131,431
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  05-25-455-095
  • Assessed Land Value:  19860
  • Market Land Value:  59604
  • Tax Amount:  9551.22
  • Tax Year:  2025
  • Market Value:  394451
  • Market Year:  2025

Tax History

1238 Falcon Ridge Dr has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,431 Land Value $19,860 Improvement Value $111,571 Tax Amount $9,551.22 Change Rate Assessed CR Tax Rate +0.072671%
Year 2024 Assessed Value $121,933 Land Value $18,425 Improvement Value $103,508 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $110,297 Land Value $16,667 Improvement Value $93,630 Tax Amount $8,911.92 Change Rate +0.061969% Assessed CR Tax Rate +0.080799%
Year 2022 Assessed Value $100,447 Land Value $16,018 Improvement Value $84,429 Tax Amount $8,391.88 Change Rate +0.041825% Assessed CR Tax Rate +0.083545%
Year 2021 Assessed Value $93,904 Land Value $15,475 Improvement Value $78,429 Tax Amount $8,054.98 Change Rate -0.002346% Assessed CR Tax Rate +0.085779%
Year 2020 Assessed Value $92,217 Land Value $15,197 Improvement Value $77,020 Tax Amount $8,073.92 Change Rate -0.008349% Assessed CR Tax Rate +0.087553%
Year 2019 Assessed Value $91,024 Land Value $15,000 Improvement Value $76,024 Tax Amount $8,141.9 Change Rate Assessed CR Tax Rate +0.089448%