NOT LISTED FOR SALE

840 Spring Ridge Ct Belvidere, IL 61008

Estimated Value: $428,122 - $530,000

4 Beds
3.5 Baths
1,611 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $300,000 $186 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,466/month

32 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • 2 Fireplaces
  • Creek On Lot
  • Ranch Style House
  • Brick or Stone Mason

About This Home

As of November 2019

Sprawling 4 bedroom 3.5 bath fully exposed ranch home situated on an almost 3 acre wooded private lot with over 2,700 sq feet of total living space. Newly remodeled gorgeous kitchen features granite counter tops, newer slate finish appliances that stay, including a double oven with convection. The amazing large deck offers incredible views of the prestine back yard. Hardwood floors throughout main floor and new master bath. The finished walk out lower level boasts a kitchenette, 2 more bedrooms, a full bath and a large rec room that goes out to the meticulous patio, perfect for tranquil nights. Huge driveway with extra parking space. Many updates include a new roof (2017), Trane A/C (2019), Furnace (2014), Appliances (2016), Granite Counters (2016) Garage Door & Opener (2017/2016) Basement Flooring (2018) and some newer windows. *Broker Owned*

Last Agent to Sell the Property

Carmelina Korasick

Heartland Realty LLC License #471.021019 Listed on: 09/11/2019

Co-Listed By

David Collins

Heartland Realty LLC License #471002947

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 1965

Lot Details

  • 2.97 Acre Lot
  • Waterfront
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2 Fireplaces
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Creek On Lot
  • Patio
  • Shed
  • Outbuilding

Schools

  • Belvidere Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,618

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Creek/Pond, Water Front, Wooded
  • Additional Room 5: Utility, Dimensions: 20x10, On Level: Walk Out
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1611
  • Estimated Below Grade Finished Sq Ft: 1100
  • Exemptions: Owner
  • Front: 175
  • General Features: Basement Entrance, County Taxes, Full Exposure, Garden Shed, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Out Building(s), Patio
  • Grid: B6
  • Legal Description: 7-44-3 W 175' E 708' N 739' SE1/4 840 SPRING RIDGE CT
  • Lot Acreage: 2.97
  • Lvt Date: 09/11/2019
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Rear: 175
  • Side 1: 739
  • Side 2: 739
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110424
  • Elementary School: Belvidere
  • Garage Type Driveway: Attached
  • Pertinent Facts: Sprawling 4 bedroom 3.5 bath fully exposed ranch home situated on an almost 3 acre wooded private lot with over 2,700 sq feet of total living space. Newly remodeled gorgeous kitchen features granite counter tops, newer slate finish appliances that stay, including a double oven with convection. The amazing large deck offers incredible views of the prestine back yard. Hardwood floors throughout main floor and new master bath. The finished walk out lower level boasts a kitchenette, 2 more bedrooms, a full bath and a large rec room that goes out to the meticulous patio, perfect for tranquil nights. Huge driveway with extra parking space. Many updates include a new roof (2017), Trane A/C (2019), Furnace (2014), Appliances (2016), Granite Counters (2016) Garage Door & Opener (2017/2016) Basement Flooring (2018) and some newer windows. *Broker Owned*
  • L O1 Brokerage Number: 481000405
  • L O2 Brokerage Number: 481000405
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15.9x13.9, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Bedroom 2: Dimensions: 10.2x10.1, On Level: Main
  • Bedroom 3: Dimensions: 13.9x11.9, On Level: Walk Out
  • Bedroom 4: Dimensions: 14.10x10.2, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 12.6x11.4
  • Family Room: Yes, On Level: Walk Out, Dimensions: 24.6x17.11
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 19x10.6, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18x17
  • Number Of Fireplaces: 2
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 21.1x10
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Schools

  • School District: Belvidere 100
  • Elementary School: Belvidere
  • Middle School: Belvidere Central Middle
  • High School: Belvidere North

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2018
  • Taxes: 6618

MLS Schools

  • HighSchool: Belvidere North
  • School District: Belvidere 100
  • Middle School: Belvidere Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 22, 2019
Sold by
Olafson Kenneth C
Bought by
Hoadley Robert A
Seller's Agent
Carmelina Korasick
Heartland Realty LLC
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$317,000
Sold Price
$300,000
Premium/Discount to List
-$17,000
-5.36%
Total Days on Market
32
Current Estimated Value
$474,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,531
Avg. Annual Appreciation
7.79%
Original Mortgage
$260,000
Outstanding Balance
$232,797
Interest Rate
3.87%
Mortgage Type
Construction
Estimated Equity
$221,125

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 21, 2016
Bought by
Olafson Kenneth C and Cooper Linda M
Seller's Agent
Ryan Pearson
Keller Williams Realty Signature
Buyer's Agent
Linda Cooper
AC Johnston Realty, Inc
List Price
$229,500
Sold Price
$225,000
Premium/Discount to List
-$4,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Sep 10, 2014
Bought by
Ax Family Tr
Source: Public Records

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Range of Values:

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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
Hoadley Robert A $300,000 Title Underwriters Agency
Olafson Kenneth C $225,000 --
Ax Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoadley Robert A $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $300,000 -2.3% $186 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $307,000 -3.2% $191 / Sq Ft
09/11/2019 09/11/19 For Sale $317,000 +40.9% $197 / Sq Ft
07/15/2016 07/15/16 Sold $225,000 -2.0% $140 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $229,500 -- $142 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $9,716 $108,192 $19,896 $88,296
2022 $8,075 $101,051 $19,896 $81,155
2021 $7,572 $95,075 $19,896 $75,179
2020 $7,302 $87,064 $19,896 $67,168
2019 $6,660 $78,635 $19,896 $58,739
2018 $6,618 $241,350 $185,905 $55,445
2017 $6,397 $76,252 $19,892 $56,360
2016 $6,430 $73,544 $19,766 $53,778
2015 $3,104 $69,164 $29,313 $39,851
2014 $1,680 $68,484 $33,133 $35,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201905912

NorthWest Illinois Alliance of REALTORS®

APN: 05-07-400-002