518 Lake Ridge Dr South Elgin, IL 60177
Thornwood NeighborhoodEstimated Value: $636,000 - $651,000
5
Beds
3
Baths
3,090
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 518 Lake Ridge Dr, South Elgin, IL 60177 and is currently estimated at $643,259, approximately $208 per square foot. 518 Lake Ridge Dr is a home located in Kane County with nearby schools including Corron Elementary School, Wredling Middle School, and St Charles North High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2003
Sold by
Hutter Brett A and Hutter Sonya A
Bought by
Lynch Andrew G and Murray Trina A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2002
Sold by
Gladstone Builders & Developers Inc
Bought by
Hutter Brett A and Hutter Sonya A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,450
Interest Rate
5.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lynch Andrew G | $392,500 | Ticor Title Insurance Compan | |
Hutter Brett A | $363,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Lynch Andrew G | $250,000 | |
Closed | Lynch Andrew G | $310,000 | |
Previous Owner | Hutter Brett A | $290,450 |
Source: Public Records
Tax History Compared to Growth
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 | $13,037 | $170,010 | $29,792 | $140,218 |
2023 | $12,458 | $152,161 | $26,664 | $125,497 |
2022 | $11,492 | $137,557 | $26,563 | $110,994 |
2021 | $11,038 | $131,119 | $25,320 | $105,799 |
2020 | $10,988 | $128,674 | $24,848 | $103,826 |
2019 | $10,816 | $126,126 | $24,356 | $101,770 |
2018 | $11,568 | $133,951 | $26,033 | $107,918 |
2017 | $11,040 | $129,371 | $25,143 | $104,228 |
2016 | $11,533 | $124,827 | $24,260 | $100,567 |
2015 | -- | $121,325 | $23,998 | $97,327 |
2014 | -- | $117,424 | $23,998 | $93,426 |
2013 | -- | $115,487 | $24,238 | $91,249 |
Source: Public Records
Map
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