NOT LISTED FOR SALE

505 Spring Ridge Dr Crystal Lake, IL 60012

Estimated Value: $496,000 - $533,000

4 Beds
2.5 Baths
3,695 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $455,000 $123 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,624/month

3 Days on Market

Highlights

  • 0.66 Acre Lot
  • Landscaped Professionally
  • Property is near a park
  • Husmann Elementary School Rated A-
  • Screened Deck
  • Back to Public Ground

About This Home

As of May 2023

Welcome to your beautifully updated dream home located in a highly sought-after neighborhood with top rated schools and convenient access to downtown amenities! This stunning property boasts 4 spacious bedrooms and 2.1 bathrooms, a home office and a 3 car garage making it the perfect space for your family to grow and thrive. The updated kitchen is a chef's delight, featuring SS appliances, custom 42" cabinets, and ample counter space (granite). It's perfect for hosting gatherings and entertaining guests. The open floor plan flows seamlessly into the dining and living areas, making it the ideal space for creating unforgettable memories with family and friends. The large finished basement provides additional living space, perfect for an additional bedroom, gym, or play area. You'll never run out of space in this home. The beautiful yard has been professionally landscaped and is the perfect oasis for outdoor relaxation and entertainment. Enjoy your morning coffee or a glass of wine in the evening while admiring the serene surroundings. The location of this home couldn't be more perfect! You'll be close to the downtown area, including the Metra station, restaurants, and shopping, making it easy to enjoy all that Crystal Lake has to offer. This home offers the perfect combination of comfort, convenience, and luxury. Don't miss the opportunity to make it your own!

Last Agent to Sell the Property

Miranda Alt

Keller Williams Success Realty License #475170211 Listed on: 03/28/2023

Keller Williams Success Realty

Last Buyer's Agent

Tami Hamilton

@properties Christie's International Real Estate License #475142080

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,227

Year Built

  • Built in 2001

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 308x138.9x371.2
  • Back to Public Ground
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Game Room
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Screened Deck
  • Gazebo

Location

  • Property is near a park

Schools

  • North Elementary School
  • Hannah Beardsley Middle School
  • Prairie Ridge High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance
  • Manager Association, Phone Number (815) 459-9187
  • Property managed by Northwest Property Management

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,227

Year Built

Built in 2001

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1000
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3695
  • Room Type: Eating Area, Game Room, Exercise Room
  • Estimated Total Finished Sq Ft: 3695
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2695
  • Basement Sq Ft: 1000
  • Fireplace Location: Family Room
  • Total Sq Ft: 3695
  • Main Level Sq Ft: 2695
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Screened Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 440000
  • Lot Features: Irregular Lot, Landscaped, Water Rights, Backs to Public GRND, Garden, Sidewalks, Streetlights
  • OtherStructures: Gazebo
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Community Features: Park, Water Rights, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Northwest Property Management
  • Management Contact Name: Manager
  • Management Phone: 815-459-9187
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: North Elementary School
  • High School: Prairie Ridge High School
  • Middle/Junior School: Hannah Beardsley Middle School
  • Middle/Junior School District: 47

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.6608
  • Lot Dimensions: 308X138.9X371.2
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9227.26
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 24, 2023
Sold by
Ommen Scott G and Ommen Kristina M
Bought by
Parkhill Gregory and Parkhill Margaret
Seller's Agent
Miranda Alt
Keller Williams Success Realty
Buyer's Agent
Tami Hamilton
@properties Christie's International Real Estate
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Views
105
Current Estimated Value
$517,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,443
Avg. Annual Appreciation
5.37%
Original Mortgage
$355,000
Outstanding Balance
$344,730
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$172,713

Purchase Details

Closed on
Jul 18, 2002
Sold by
Melahn James F
Bought by
Ommen Scott G and Ommen Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.12%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Melahn Richard J
Bought by
Melahn James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
8%

Purchase Details

Closed on
Jul 12, 2001
Sold by
J & G Investments Ltd Partnership
Bought by
Melahn Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
8%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Asbach & Vanselow Inc
Bought by
J & G Investments Ltd Partnership

Purchase Details

Closed on
Jan 15, 1999
Sold by
Parkway Bank & Trust Company
Bought by
Asbach & Vanselow Inc
Source: Public Records

Range of Values:

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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
Parkhill Gregory $455,000 None Listed On Document
Ommen Scott G $275,000 Universal Title Services Inc
Melahn James E -- --
Melahn Richard J $47,500 --
J & G Investments Ltd Partnership $31,666 --
Asbach & Vanselow Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkhill Gregory $355,000
Previous Owner Ommen Scott G $220,000
Previous Owner Melahn James E $168,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $455,000 +3.4% $123 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $440,000 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,369 $129,030 $21,796 $107,234
2023 $10,045 $115,711 $19,546 $96,165
2022 $9,681 $106,815 $19,548 $87,267
2021 $9,227 $100,145 $18,327 $81,818
2020 $9,054 $97,144 $17,778 $79,366
2019 $8,764 $92,359 $16,902 $75,457
2018 $9,353 $96,401 $15,876 $80,525
2017 $9,465 $92,356 $15,210 $77,146
2016 $9,388 $88,118 $14,512 $73,606
2013 -- $88,434 $13,812 $74,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11746419

Midwest Real Estate Data (MRED)

APN: 14-32-103-001