Round Lake, IL Real Estate News

Lakewood Grove in Round Lake Lakewood Grove is a community of 800 homes built in 2003. Lakewood Grove is located in Round Lake, Illinois on Bacon Road and Route 60 north of Route 176. Activity in Lakewood Grove for the past 6 months Homes Sold Lowest Price Highest Price Average Price 12 $104,900 $246,000 $164,200 12 homes sold in Lakewood Grove in Round Lake from $104,900-$246,000 with an average price of $164,200 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 671 Kristina Ln, 671 Round Lake 2 2.1 Danbury $119,000 Active 328 Biros Ln Round Lake 4 2.1 Lafayette $169,900 Active 1373 Abington Ln Round Lake 4 2.1   $160,000 Active 2007 Kristina Ln, 2007 Round Lake 2 2.1   $164,900 Active 235 Norwell Ln Round Lake 2 2.1   $149,900 Active 1413 Bayport L...
Comments 0
Bright Meadows in Round Lake Bright Meadows is a single family home neighborhood built in the mid-to-late 1990's by Kimball Hill. Bright Meadows features homes with floor plans ranging from 1,200 to 2,100 square feet of living space. Bright Meadows is located in Round Lake, Illinois on Cedar Lake Road north of Route 120. Activity in Bright Meadows for the past 6 months Homes Sold Lowest Price Highest Price Average Price 5 $147,900 $190,000 $168,180 5 homes sold in Bright Meadows in Round Lake from $147,900-$190,000 with an average price of $168,180 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 212 Tanglewood Round Lake 3 2.1   $184,900 Active 218 Prairie Ln Round Lake 3 2.1 Sunflower $180,000 Active 313 Shagbark Ct Round Lake 3 2.1   $149,900 Act...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
This Round Lake Realtor is amazed at the number of vacancies that are in Round Lake, Fox Lake and all of Lake County.  For commercial property we looked at vacancies but I never thought we would have to look at these numbers for residential. Fox Lake has 852 vacancies and acounts for a 15.2 vacany rate, the highest in Lake County.  Round Lake is closer to the average with 359 vacant properties and a rate of 5.8.  So many of the homes have been abanded.  They are not listed, the banks don't seem to want them and there they sit.  
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
If I have said it once I have said it many times, I love living in Prairie Pointe subdivision in Round Lake.  Yes Prairie Pointe is what a neighborhood should be.  Here you will see kids out playing and neighbors out talking with each other.  Today was the Blizzard of 2011 and here in Round Lake this Round Lake Realtor had her own snow day!   http://www.youtube.com/watch?v=QXgvGI31wog
Comments 5
Treehouse in the Woods in Round Lake Treehouse in the Woods is a townhouse community built in the mid 1990's by Bigelow Homes. Treehouse in the Woods features 220 town homes with floor plans ranging from 790 to 1,800 square feet of living space. Treehouse in the Woods is located in Round Lake, Illinois on Cedarlake Road east of Route 134. Activity in Treehouse in the Woods for the past 6 months Homes Sold Lowest Price Highest Price Average Price 6 $43,000 $71,000 $61,100 6 homes sold in Treehouse in the Woods in Round Lake from $43,000-$71,000 with an average price of $61,100 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 9 Treehouse Ln, 0 Round Lake 2 2 Townhome $59,900 Active 317 Treehouse Ln, 317 Round Lake 3 1.1   $84,900 Active 324 Treehouse ...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
Round Lake Real Estate Marilyn Smith, realtor and homeowner in the Prairie Pointe subdivision of Round Lake Sells another Round Lake Home   Marilyn Smith of the Sharron Kelley Team recently closed on the wonderful home at 34259 Goldenrod Rd in Round Lake, IL.This immaculate 4 bedroom home was in move in condition and was exactly what these recent newlyweds were looking for. Located on one of the larger lots in the Prairie Pointe subdivision has a large fenced backyard with a custom brick patio.  The updated with solid surface counter tops, stainless steel appliances, and a large breakfast area leads out the professionally landscaped yard just waiting for a summer party. Welcome to the new owners on their fabulous new home! Another Home in Prairie Pointe is for sale by Marilyn Smith and ...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
Excellence Through the Round Lake Area Park District One of the great things about living in Round Lake, IL is their amazing park district and all the activites they offer. If you are not sure if you reside in the Round Lake Area park district you can visit the website for Lake County, IL , it has a great page dedicated to helping you find  your elected officials and view government buildings, schools, hospitals, and other places close to your home.  According to the Round Lake Area Park District website "In July of 2005, the Robert W. Rolek Community Center was renamed to honor the memory of Robert W. Rolek, Executive Director from July 7, 1980 - July 31, 1995. Through his vision and determination, this district has developed into one of the most progressive and reputable agencies in t...
Comments 0
Lakewood Grove in Round Lake Lakewood Grove is a community of 800 homes built in 2003. Lakewood Grove is located in Round Lake, Illinois on Bacon Road and Route 60 north of Route 176. Activity in Lakewood Grove for the past 6 months Homes Sold Lowest Price Highest Price Average Price 21 $95,000 $250,000 $164,686 21 homes sold in Lakewood Grove in Round Lake from $95,000-$250,000 with an average price of $164,686 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 1373 Abington Ln Round Lake 4 2.1   $169,000 Active 2007 Kristina Ln, 2007 Round Lake 2 2.1   $164,900 Active 183 Norwell Ln, 183 Round Lake 2 2.1   $114,900 Active 235 Norwell Ln Round Lake 2 2.1   $149,900 Active 534 Kristina Ln Round Lake 2 1.1   $163,000 Active 1413 Bayport Ln Round Lake 4...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
If you are considering buying Round Lake real estate it is important to not let the down payment intimidate you. It is nearly impossible to read about real estate these days without coming away feeling like loans are impossible to come by. While it is extremely beneficial to have the funds for a 10 to 20% down payment when trying to buy a Round Lake property it doesn't necessarily need to be a deal-breaker. While it is true that many lenders do require 10 to 20% down to acquire a loan to buy a home, there are financing options which require as little as 3% for a down payment to purchase Round Lake real estate. There are a variety of private and public lending options that could make home ownership in Round Lake Illinois a possibility. It is an ideal time to buy Round Lake real estate. M...
Comments 1
Madrona Village in Round Lake Madrona Village is a single family home and townhome community built in the early 2000's. Madrona Village is located in Round Lake, Illinois on Route 120 West of Route 134. Activity in Madrona Village for the past 6 months Homes Sold Lowest Price Highest Price Average Price 12 $85,000 $245,000 $181,542 12 homes sold in Madrona Village in Round Lake from $85,000-$245,000 with an average price of $181,542 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 428 Fielding Ln Round Lake 4 2.1   $189,900 Active 54 Providence Ln, 54 Round Lake 2 1   $159,000 Active 78 Providence Ln, - Round Lake 3 2.1 115 $149,000 Active 589 Rosehall Ln, 589 Round Lake 3 2.1   $109,000 Active 107 Aldridge Ln, 107 Round Lake 3 2.1 623 $110,000 Acti...
Comments 0
Valley Lakes in Round Lake Valley Lakes is a single family home neighborhood built by a variety of building companies. Valley Lakes is located in Round Lake, Illinois on Nippersink west of Fairfield Road. Activity in Valley Lakes for the past 6 months Homes Sold Lowest Price Highest Price Average Price 16 $156,500 $275,000 $201,800 16 homes sold in Valley Lakes in Round Lake from $156,500-$275,000 with an average price of $201,800 within the last 6 months. -Round Lake- Address City Beds Baths Model List Price Status 48 Durham Ln Round Lake 5 4.1 Rembrandt $190,000 Active 1885 Broadsmore Ln Round Lake 4 2.1 Charlston $210,000 Active 149 Blue Heron Ct Round Lake 4 3.1 Willow $239,900 Active 409 Havenwood Dr Round Lake 3 2.1 Cottonwood $179,999 Active 1906 Heron View Way Round Lake 4 2.1 C...
Comments 1
By Marco Amidei
(RE/MAX Suburban )
  Bradford Place - Bradford Place is a townhome community built in the mid 2000's. Bradford Place is located in Round Lake on Rte. 120, 6 miles west of I-94. Bright Meadows - Bright Meadows is a single family home neighborhood built in the mid-to-late 90's. Bright Meadows is located in Round Lake on Cedar Lake Road north of Route 120. Emerald Bay - Emerald Bay is a townhome community built by Ryland Homes in the late 2000's. Emerald Bay is located in Round Lake located on the north side of Route 120 east of Wilson Road. Fairfield Lakes - Fairfield Lakes is a townhome community built in the early 2000's. Fairfield Lakes is located in Round Lake west of Fairfield Road just south of Route 134. Forest Cove at Valley Lakes - Forest Cove is a single family home neighborhood built in the earl...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
Things are not looking great for selling a home in Round Lake's Prairie Pointe and Valley Lakes area.  The past six months there have been 25 properties that sold with an average price of $214,000.  Homes are on the market for an average of 133 days.    
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
When it comes to Round Lake real estate there may be questions regarding the difference between a short sale and foreclosure.  A short sale is when a property is in pre-foreclosure and is sold for less than its loan amount due.  A Round Lake short sale can only occur if the purchase amount is approved by the lender. What are the benefits of a short sale?  For starters, a short sale will not affect the credit of a home owner as much as a foreclosure will.  When a home owner is foreclosed upon they may not purchase real estate for 5 years, in a short sale situation a home owner can buy real estate in 2 years.  In a short sale situation a loan is regarded as paid, whereas in a foreclosure situation it is not. Nationally 7 out of 10 homeowners facing foreclosure do not list their homes for...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
Could this really be true? After short selling you home you may still be able to buya new home!I just received this from one of our mortage lenders.  A buyer who is selling (or has already sold) their existing home in a short sale may be eligible for an FHA l loan to purchase a new property, subject to some restrictions. The short sale must not have involved an FHA loan. The lender in question must have agreed to the short sale and has waived any legal remedy to restitution on any deficiency balance, so the applicant's credit is unaffected. The borrower must have no mortgage lates in the past 12 months. The new mortgage payments must be significantly less than the prior mortgage payments. There must be a compelling reason to move, ie. Job transfer, life changes, deteriorating neighborho...
Comments 0
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
If you are thinking about selling your Round Lake home, or if you have been trying to sell your home, there are five key ingredients to success.  It is no shock that selling a home is tricky business these days and it is of the utmost importance to prepare yourself if you really want to sell your home. The key points to selling your Round Lake Illinois real estate are: Price.  Anyone looking to buy real estate today is looking for a bargain and you have to price your home competitively in order to sell it.  A qualified Round Lake Realtor should know what homes in the area are selling for and, by conducting a comparative market analysis (CMA), will suggest a price for your home.  If you want to sell, you need to accept the fact that you are not going to get anywhere near what you might h...
Comments 1
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
The Round Lake subdivisions of Prairie Pointe, Valley Lakes and Silver Leaf Glen are selling at the rates of 6 homes each month.  There are 45 homes currently on the market leaving around 7 months of home inventory. Prices remain low.  The average home sold price is $217,029, well below what most homes originally sold for.  Almost 57% of the sold homes were either short sales or foreclosures.  The homes in this part of Round Lake were built in the last 10 years.  Prairie Pointe and Valley Lakes has wonderful trees and open areas.  The homes range from 3 bedroom homes to 5 bedroom homes. The Big Hollow School District is well liked and supported by the families and has already built new schools and funded new programs.
Comments 0
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Round Lake IL Short Sale Approved in 30 days with Bank of America Short sales in this area can sometime be very contentious. It can take months to get offers and we rarely get multiple offers on a property. Sellers can get disheartened - frustrated - sad - so when a buyer comes in with a decent offer close to market value hope is back on the horizon. For my short sale listings I tie the buyer to the contract for 90 to 120 days to give the seller, the bank and the short sale attorney time to submit the papers and get a decision from the bank and the final go ahead from the seller. Sellers may be asked to bring a cash payment to close or sign a promissory note for an amount the bank wants. There is often a mountain of continuous paperwork going back and forth. So imagine my surprise when ...
Comments 2
By Marilyn Smith, I work for YOU!
(Coldwell Banker )
36416 N. Tara Court, Ingleside Selling Bonus of $2000 if sold by September 30th. Charming Custom Ranch home in one of the best neighborhoods in Ingleside.  4BR/3+1BA Single Family House   offered at $305,000 Year Built 1998 Sq Footage 3,178 Bedrooms 4 Bathrooms 3 full, 1 partial Floors Unspecified Parking 2 Car garage Lot Size 39,204 sqft HOA/Maint $0 per month DESCRIPTION Charming ranch dollhouse professionally landscaped w/blooms from spring to fall. 2 private decks overlooking protected wetland. Finished lower level walkout complete with office, br w/ full bath fr & office plus ½ bath. Main floor boosts large kit w/breakfast bar,corian tops & maple cabs, eas. Mstr has custom walk in,tray ceiling & Jacuzzi bath. Heated garage and storage shed. Lots of hrdwd,fresh paint recessed lites
Comments 0
By Eric Egeland, SFR, e-PRO, CDPE
(RE/MAX SUBURBAN)
Eric P. Egeland | RE/MAX SUBURBAN | 847.337.7090 1885 Broadsmore, Round Lake, IL Valley Lakes Short Sale 4BR/2+1BA Single Family House offered at $190,000 Year Built 2003 Sq Footage 2,487 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 3 Car garage Lot Size .24 acres HOA/Maint $73 per month DESCRIPTION Upgraded Charleston model on rare wooded lot. Great layout, tons of windows/natural light, soaring ceilings. Huge garage with 47-foot deep tandem parking ideal for a 3rd car, weekend toys or workshop. Upgraded kitchen features over-sized island, Corian counters, & bonus cabinets. Full unfinished basement with roughed in plumbing. High efficiency furnace...Short sale listing being sold as is. Taxes prorated 100%. Eric P. Egeland, SFR, CDPE, e-PRO Broker Associate RE/MAX SUBURBAN C...
Comments 0