NOT LISTED FOR SALE

2502 Spring Ridge Dr Spring Grove, IL 60081

Estimated Value: $2,837,692

-- Bed
-- Bath
27,225 Sq Ft
$104/Sq Ft Est. Value

About This Home

This home is located at 2502 Spring Ridge Dr, Spring Grove, IL 60081 and is currently estimated at $2,837,692, approximately $104 per square foot. 2502 Spring Ridge Dr is a home located in McHenry County with nearby schools including Spring Grove Elementary School, Nippersink Middle School, and Richmond-Burton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Spring Grove Llc
Bought by
Amerco Real Estate Company
Current Estimated Value
$2,837,692

Purchase Details

Closed on
Dec 4, 2019
Sold by
Vesely Dennis and Vesely Mary Christine
Bought by
Spring Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Vesely Dennis and Vesely Mary Christine
Bought by
Vesely Dennis and Vesely Christine

Purchase Details

Closed on
May 2, 2002
Sold by
First Midwest Bank
Bought by
Vesely Dennis and Vesely Mary Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1994
Sold by
Home State Bank National Assn
Bought by
Rabine Gary and Kissee Dan

Purchase Details

Closed on
May 27, 1994
Sold by
First American Bank
Bought by
Home State Bank National Assn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amerco Real Estate Company $2,395,000 New Title Company Name
Spring Grove Llc $500,000 Fidelity National Title
Vesely Dennis -- None Available
Vesely Dennis $900,000 --
Rabine Gary $65,000 --
Home State Bank National Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring Grove Llc $133,000
Previous Owner Vesely Dennis $552,838
Previous Owner Vesely Dennis $54,150
Previous Owner Vesely Dennis $720,000
Previous Owner Vesely Dennis $720,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,151 $341,924 $42,990 $298,934
2023 $25,563 $312,574 $39,300 $273,274
2022 $24,377 $281,446 $35,386 $246,060
2021 $21,430 $230,767 $33,963 $196,804
2020 $22,410 $222,041 $32,679 $189,362
2019 $19,753 $214,906 $31,629 $183,277
2018 $21,203 $206,026 $30,322 $175,704
2017 $22,387 $196,196 $28,875 $167,321
2016 $19,837 $183,945 $27,072 $156,873
2013 -- $173,922 $25,597 $148,325
Source: Public Records

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