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1245 Falcon Ridge Dr; Elgin, IL Property Details

1245 Falcon Ridge Dr, Elgin, IL is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 1245 Falcon Ridge Dr has 3 bedrooms, and 3 bathrooms, and a total of 2,312 square feet.

Off market  •   Pre Probate ✓
1245 Falcon Ridge Dr Elgin, IL 60124
$425,000 Listing Price
3 Beds
3 Baths
2,312 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2016
  • Purchase Price: $425,000
  • Open Loans / Balance: 1 / $424,094
  • Est. Equity / %: $20,906 / 4.7%
  • Gross Yield: 9.16%
  • APN: 05-25-454-105
  • Situs County: Kane
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3

Measurements

  • Total: 2,312/SqFt
  • Price Per Square Foot: $183.82

Legal Description

  • Description: BOWES CREEK COUNTRY CLUB PHASE 2 PT OF LT 312 DESC IN DOC 2016K028820
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: 42.00109 / -88.3851
  • Subdivision: Bowes Creek Country Club
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3123

HOA

  • H O A One: $553
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • 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 Townhome Owners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

1245 Falcon Ridge Dr has no associated ownership info
1245 Falcon Ridge Dr has no associated ownership info.

Taxes

1245 Falcon Ridge Dr has 10 associated Taxes items

1245 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 $138,407. The APN we've located for 1245 Falcon Ridge Dr is 05-25-454-105.

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Taxes
  • Assessed Value:  $138,407
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  05-25-454-105
  • Assessed Land Value:  21846
  • Market Land Value:  65564
  • Tax Amount:  3843.52
  • Tax Year:  2025
  • Market Value:  415387
  • Market Year:  2025

Tax History

1245 Falcon Ridge Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $138,407 Land Value $21,846 Improvement Value $116,561 Tax Amount $3,843.52 Change Rate Assessed CR Tax Rate +0.02777%
Year 2024 Assessed Value $128,404 Land Value $20,267 Improvement Value $108,137 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $116,150 Land Value $18,333 Improvement Value $97,817 Tax Amount $9,421.82 Change Rate +0.08311% Assessed CR Tax Rate +0.081118%
Year 2022 Assessed Value $103,902 Land Value $17,621 Improvement Value $86,281 Tax Amount $8,698.86 Change Rate +0.041226% Assessed CR Tax Rate +0.083722%
Year 2021 Assessed Value $97,172 Land Value $17,023 Improvement Value $80,149 Tax Amount $8,354.44 Change Rate +0.026304% Assessed CR Tax Rate +0.085976%
Year 2020 Assessed Value $93,906 Land Value $15,197 Improvement Value $78,709 Tax Amount $8,140.32 Change Rate -0.008357% Assessed CR Tax Rate +0.086686%
Year 2019 Assessed Value $92,691 Land Value $15,000 Improvement Value $77,691 Tax Amount $8,208.92 Change Rate -0.188697% Assessed CR Tax Rate +0.088562%
Year 2018 Assessed Value $105,311 Land Value $17,516 Improvement Value $87,795 Tax Amount $10,118.19 Change Rate -0.990165% Assessed CR Tax Rate +0.096079%
Year 2017 Assessed Value $104,867 Land Value $17,072 Improvement Value $87,795 Tax Amount $1,028,841.69 Change Rate +174.67488% Assessed CR Tax Rate +9.810919%
Year 2016 Assessed Value $53,690 Land Value $1,644 Improvement Value $52,046 Tax Amount $5,856.51 Change Rate Assessed CR Tax Rate +0.10908%