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254 Spring Cove Dr; Elgin, IL Property Details

254 Spring Cove Dr, Elgin, IL is a Single Family that was built in 1983. This property is currently a cash purchase and is not for sale. Our records show that 254 Spring Cove Dr has 2 bedrooms, and 2.5 bathrooms, and a total of 2,467 square feet.

Off market
254 Spring Cove Dr Elgin, IL 60123
$360,000 Listing Price
2 Beds
2.5 Baths
2,467 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1983
  • Purchase Price: $360,000
  • Open Loans / Balance: 1 / $139,349
  • Est. Equity / %: $298,651 / 68.19%
  • Gross Yield: 9.488%
  • APN: 06-15-101-023
  • Situs County: Kane
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 2,467/SqFt
  • Gross: 3,977/SqFt
  • Living: 2,467/SqFt
  • Basement: 1,510/SqFt
  • Building: 3,977/SqFt
  • Price Per Square Foot: $145.93

Legal Description

  • Description: SPRING COVE LOT 3
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: 42.041256 / -88.31963
  • Subdivision: Spring Cove
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3264
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $3,000
  • H O A Amount: $3,000
  • H O A One Frequency: Annual
  • H O A One Name: Spring Cove Townhouse Association
  • H O A One Type: Home Owner Association

Ownership Info

254 Spring Cove Dr has no associated ownership info
254 Spring Cove Dr has no associated ownership info.

Taxes

254 Spring Cove Dr has 10 associated Taxes items

254 Spring Cove 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 $146,598. The APN we've located for 254 Spring Cove Dr is 06-15-101-023.

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Taxes
  • Assessed Value:  $146,598
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-101-023
  • Assessed Land Value:  33657
  • Market Land Value:  101011
  • Tax Amount:  10573.74
  • Tax Year:  2025
  • Market Value:  439970
  • Market Year:  2025

Tax History

254 Spring Cove Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $146,598 Land Value $33,657 Improvement Value $112,941 Tax Amount $10,573.74 Change Rate Assessed CR Tax Rate +0.072127%
Year 2024 Assessed Value $135,026 Land Value $31,000 Improvement Value $104,026 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $121,986 Land Value $28,006 Improvement Value $93,980 Tax Amount $9,034.8 Change Rate +0.039549% Assessed CR Tax Rate +0.074064%
Year 2022 Assessed Value $111,230 Land Value $25,537 Improvement Value $85,693 Tax Amount $8,691.08 Change Rate +0.047562% Assessed CR Tax Rate +0.078136%
Year 2021 Assessed Value $103,992 Land Value $23,875 Improvement Value $80,117 Tax Amount $8,296.48 Change Rate +0.03048% Assessed CR Tax Rate +0.07978%
Year 2020 Assessed Value $99,276 Land Value $22,792 Improvement Value $76,484 Tax Amount $8,051.08 Change Rate +0.031542% Assessed CR Tax Rate +0.081098%
Year 2019 Assessed Value $94,567 Land Value $21,711 Improvement Value $72,856 Tax Amount $7,804.9 Change Rate +0.023513% Assessed CR Tax Rate +0.082533%
Year 2018 Assessed Value $89,088 Land Value $20,453 Improvement Value $68,635 Tax Amount $7,625.6 Change Rate -0.989874% Assessed CR Tax Rate +0.085596%
Year 2017 Assessed Value $84,220 Land Value $19,335 Improvement Value $64,885 Tax Amount $753,094.44 Change Rate +89.37505% Assessed CR Tax Rate +8.941991%
Year 2016 Assessed Value $78,134 Land Value $17,938 Improvement Value $60,196 Tax Amount $8,332.99 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $71,617 Land Value $16,442 Improvement Value $55,175 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $63,291 Land Value $16,239 Improvement Value $47,052 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $64,960 Land Value $16,667 Improvement Value $48,293 Tax Amount Change Rate Assessed CR Tax Rate