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1241 Falcon Ridge Dr; Elgin, IL Property Details

1241 Falcon Ridge Dr, Elgin, IL is a Single Family. This property is currently Financed,New Construction and is not for sale.

Off market
1241 Falcon Ridge Dr Elgin, IL 60124
$284,000 Listing Price
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $273,500
  • Open Loans / Balance: 1 / $159,793
  • Est. Equity / %: $274,207 / 63.18%
  • Gross Yield: 10.211%
  • APN: 05-25-454-103
  • Situs County: Kane
  • Length Of Ownership: 10 years, 3 months

Legal Description

  • Description: BOWES CREEK COUNTRY CLUB PHASE 2 PT OF LT 312 AS DESC IN DOC 2016K023092
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: 42.001263 / -88.38474
  • 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

1241 Falcon Ridge Dr has no associated ownership info
1241 Falcon Ridge Dr has no associated ownership info.

Taxes

1241 Falcon Ridge Dr has 10 associated Taxes items

1241 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 $137,464. The APN we've located for 1241 Falcon Ridge Dr is 05-25-454-103.

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Taxes
  • Assessed Value:  $137,464
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  05-25-454-103
  • Assessed Land Value:  21846
  • Market Land Value:  65564
  • Tax Amount:  10018.06
  • Tax Year:  2025
  • Market Value:  412557
  • Market Year:  2025

Tax History

1241 Falcon Ridge Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,464 Land Value $21,846 Improvement Value $115,618 Tax Amount $10,018.06 Change Rate Assessed CR Tax Rate +0.072878%
Year 2024 Assessed Value $127,529 Land Value $20,267 Improvement Value $107,262 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $115,359 Land Value $18,333 Improvement Value $97,026 Tax Amount $9,352.92 Change Rate +0.115656% Assessed CR Tax Rate +0.081077%
Year 2022 Assessed Value $100,351 Land Value $17,621 Improvement Value $82,730 Tax Amount $8,383.34 Change Rate +0.041119% Assessed CR Tax Rate +0.08354%
Year 2021 Assessed Value $93,874 Land Value $17,023 Improvement Value $76,851 Tax Amount $8,052.24 Change Rate +0.027465% Assessed CR Tax Rate +0.085777%
Year 2020 Assessed Value $90,667 Land Value $15,197 Improvement Value $75,470 Tax Amount $7,837 Change Rate -0.008324% Assessed CR Tax Rate +0.086437%
Year 2019 Assessed Value $89,494 Land Value $15,000 Improvement Value $74,494 Tax Amount $7,902.78 Change Rate -0.118411% Assessed CR Tax Rate +0.088305%
Year 2018 Assessed Value $94,121 Land Value $17,516 Improvement Value $76,605 Tax Amount $8,964.25 Change Rate -0.990163% Assessed CR Tax Rate +0.095242%
Year 2017 Assessed Value $93,677 Land Value $17,072 Improvement Value $76,605 Tax Amount $911,244.75 Change Rate +156.28554% Assessed CR Tax Rate +9.727518%
Year 2016 Assessed Value $53,113 Land Value $1,644 Improvement Value $51,469 Tax Amount $5,793.57 Change Rate Assessed CR Tax Rate +0.10908%