NOT LISTED FOR SALE

2503 Spring Ridge Dr Spring Grove, IL 60081

Estimated Value: $2,150,702

-- Bed
-- Bath
42,901 Sq Ft
$50/Sq Ft Est. Value

About This Home

This home is located at 2503 Spring Ridge Dr, Spring Grove, IL 60081 and is currently estimated at $2,150,702, approximately $50 per square foot. 2503 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
Apr 10, 2024
Sold by
Bcb Coltman Properties Llc
Bought by
Letourneau Enterprises Llc
Current Estimated Value
$2,150,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
First Midwest Bank
Bought by
Bcb Coltman Properties Llc

Purchase Details

Closed on
Nov 12, 1996
Sold by
Home State Bank National Assn
Bought by
Mchenry State Bank
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
Letourneau Enterprises Llc $1,950,000 Chicago Title
Bcb Coltman Properties Llc $2,035,000 St
Mchenry State Bank $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letourneau Enterprises Llc $1,125,000
Closed Letourneau Enterprises Llc $1,125,000
Closed Letourneau Enterprises Llc $724,000
Closed Letourneau Enterprises Llc $1,195,400
Previous Owner First Midwest Trust Company Natl Assn $6,000,000
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 $42,194 $551,692 $77,249 $474,443
2023 $41,245 $504,335 $70,618 $433,717
2022 $39,332 $454,110 $63,585 $390,525
2021 $40,474 $435,848 $61,028 $374,820
2020 $42,325 $419,367 $58,720 $360,647
2019 $37,308 $405,891 $56,833 $349,058
2018 $40,046 $389,120 $54,485 $334,635
2017 $42,282 $370,556 $51,886 $318,670
2016 $37,466 $347,418 $48,646 $298,772
2013 -- $328,487 $45,996 $282,491
Source: Public Records

Map

Illinois McHenry County Spring Grove 60081

2503 Spring Ridge Dr, Spring Grove, IL

This home is located at 2503 Spring Ridge Dr, Spring Grove, IL 60081 and is currently estimated at $2,150,702, approximately $50 per square foot. 2503 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.

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