NOT LISTED FOR SALE

3531 S Riding Ridge Elgin, IL 60124

Cranston Meadows Park Neighborhood

Estimated Value: $484,000 - $852,000

3 Beds
2 Baths
2,252 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $743,859 $330 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,426/month

About This Home

As of May 2023

Gorgeous new luxury rental available in Bowes Creek! This 3 bed, 2 bath ranch home is loaded with custom features throughout and is located directly on Bowes Creek Golf Course. As you walk in you will be amazed by the high ceilings and open concept, flowing seamlessly from front to back with tons of natural light. Beautiful wood floors can be found throughout the living space and in all 3 bedrooms. The kitchen is a chefs dream with quart countertops, stainless steel whirlpool appliances, an oversized waterfall island, and ample storage! Easy to entertain or keep an eye on your little ones as the living room and dining open up and connect perfectly. The spacious primary suite features dual walk in closets and a large en-suite with a double vanity, quart countertops, and a ceramic shower. The other two bedrooms easily accommodate a queen sized bed and share a Jack and Jill bathroom with a double vanity. The powder room can be found on the opposite wall for all your guests. Downstairs is the huge partially finished walk-out basement with over 2000 sq ft of usable space! Located less than 10 minutes from Randall Rd for all your daily necessities. This newly constructed luxury home is the perfect blend of convenience and privacy all in one! Schedule your showing before its too late!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Apr 3, 2023
Sold by
Toll Il Lp
Bought by
Flynn Michael Shawn and Flynn Wendy Lynn
Seller's Agent
Bill Flemming
HomeSmart Connect LLC
Buyer's Agent
Kim Alden
Compass
List Price
$743,859
Sold Price
$743,859
Current Estimated Value
$661,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,117
Avg. Annual Appreciation
-5.37%
Original Mortgage
$500,000
Outstanding Balance
$486,467
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$175,275
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Flynn Michael Shawn $744,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Michael Shawn $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Rented $4,000 0.0% --
08/04/2023 08/04/23 Under Contract -- -- --
07/20/2023 07/20/23 For Rent $4,000 0.0% --
05/09/2023 05/09/23 Sold $743,859 0.0% $330 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $743,859 -- $330 / Sq Ft

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
2023 $9,031 $109,163 $1,798 $107,365
2022 $160 $1,798 $1,798 $0
2021 $159 $1,737 $1,737 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Alden

    Seller's Agent in 2023

    Kim Alden

    Compass

    (847) 254-5757

    1 in this area

    1,483 Total Sales

    Kim Alden
    Section Image
  • Bill Flemming

    Seller's Agent in 2023

    Bill Flemming

    The McDonald Group

    (847) 366-8477

    10 in this area

    461 Total Sales

    Bill Flemming
    Section Image
  • Kevin DeFrances

    Seller Co-Listing Agent in 2023

    Kevin DeFrances

    Compass

    (720) 987-0919

    4 Total Sales

    Kevin DeFrances
    Section Image
  • Brian Gentzle

    Buyer's Agent in 2023

    Brian Gentzle

    Coldwell Banker Realty

    (773) 339-2478

    1 in this area

    165 Total Sales

    Brian Gentzle
    Section Image
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Map

Illinois Kane County Elgin 60124 Cranston Meadows Park

3531 S Riding Ridge, Elgin, IL

This home is located at 3531 S Riding Ridge, Elgin, IL 60124 and is currently estimated at $661,742, approximately $293 per square foot. 3531 S Riding Ridge is a home located in Kane County with nearby schools including Otter Creek Elementary School, Abbott Middle School, and South Elgin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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