NOT LISTED FOR SALE

295 W Prairie Walk Ln Round Lake, IL 60073

Estimated Value: $474,000 - $485,024

5 Beds
3.5 Baths
2,918 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $407,500 $140 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,724/month

11 Days on Market

Highlights

  • Water Views
  • Second Kitchen
  • Community Lake
  • Park Campus Rated A-
  • Landscaped Professionally
  • Deck

About This Home

As of December 2022

BIG Price Improvement!! Walk up the brick paver walkway to this beautiful 4 plus bedroom home in Prairie Walk subdivision of Round Lake with Grayslake schools, which sits on the walking path and pond! This home boasts 4 bedrooms upstairs PLUS 1 in the walk-out basement along with two other rooms that can be used as bedrooms. There is a first-floor office, large family room, separate dining room, first-floor bonus room, and large eat-in kitchen with stainless appliances. Large primary suite with vaulted ceiling and very large walk-in closet and primary ensuite with separate soaking tub plus 3 other bedrooms upstairs. Light & bright walk-out basement with an additional kitchen, great room, additional bedroom plus 2 other rooms that can be used as bedrooms or remove the wall and you have a pre-wired theatre! The backyard boasts a newly painted deck with a pond view, which goes down to the brick paver patio with a built-in fire pit. This home also has an alarm system, in-ground sprinklers, and security cameras that stay with the home.

Last Agent to Sell the Property

Roberta Young

Compass License #475146238 Listed on: 10/28/2022

Compass

Last Buyer's Agent

Sue, Ron & David Pickard

RE/MAX Suburban License #471003053

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,993

Year Built

  • Built in 2002

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 102x129x49x128
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,918 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Water Views
  • Storm Screens

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Fire Pit

Location

  • Property is near a park

Schools

  • Park School East Elementary School
  • Park School West Middle School
  • Grayslake Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Property Manager Prairie Walk Association, Phone Number (847) 428-7140
  • Prairie Walk Subdivision
  • Property managed by Premier Community Management
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,993

Year Built

Built in 2002

Lot Details

0

HOA Fees

$74 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
  • Subdivision Name: Prairie Walk
  • Year Built: 2002
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 2918
  • Room Type: Foyer, Bedroom 5, Bonus Room, Recreation Room, Office, Other Room, Kitchen
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: 2918 above ground, 1498 Walk-out basement TOTAL SF 4416
  • Total Sq Ft: 0
  • Bathroom: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 420000
  • Lot Features: Landscaped, Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island,Pantry

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: Premier Community Management
  • Management Contact Name: Property Manager - Prairie Walk
  • Management Phone: 847-428-7140
  • Master Association Fee: 440
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Park School East
  • High School: Grayslake Central High School
  • Middle/Junior School: Park School West
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 102X129X49X128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11993.42
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 13, 2022
Sold by
Gibson Jeffrey L and Gibson Yan H
Bought by
Patel Isitaben and Patel Jigarkumar G
Seller's Agent
Roberta Young
Compass
Buyer's Agent
Sue, Ron & David Pickard
RE/MAX Suburban
List Price
$445,000
Sold Price
$407,500
Premium/Discount to List
-$37,500
-8.43%
Views
21
Current Estimated Value
$477,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,756
Avg. Annual Appreciation
5.66%
Original Mortgage
$305,625
Outstanding Balance
$294,246
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$183,010

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jan 11, 2019
Sold by
Dailey Stephen H
Bought by
Gibson Jeffrey L and Gibson Yan
Seller's Agent
Edward Gunther
Keller Williams North Shore West
Buyer's Agent
Roberta Young
Compass
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%
Original Mortgage
$180,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2005
Sold by
Dalley Stephen H
Bought by
Dalley Stephen H and Stephen H Dalley Trust

Purchase Details

Closed on
Oct 31, 2002
Sold by
Neumann Homes Inc
Bought by
Dalley Stephen Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.3%
Source: Public Records

Range of Values:

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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
Patel Isitaben $407,500 Chicago Title
Gibson Jeffrey L $230,000 First American Title
Dalley Stephen H -- --
Dalley Stephen Harold $324,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Isitaben $305,625
Previous Owner Gibson Jeffrey L $180,000
Previous Owner Dalley Stephen Harold $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2022 12/13/22 Sold $407,500 -3.0% $140 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $420,000 -5.6% $144 / Sq Ft
10/28/2022 10/28/22 For Sale $445,000 +93.5% $153 / Sq Ft
01/15/2019 01/15/19 Sold $230,000 -9.8% $60 / Sq Ft View Prior Sale
12/07/2018 12/07/18 Pending -- -- --
11/26/2018 11/26/18 Price Changed $255,000 -3.8% $67 / Sq Ft
10/09/2018 10/09/18 Price Changed $265,000 -1.9% $69 / Sq Ft
09/05/2018 09/05/18 Price Changed $270,000 -1.8% $71 / Sq Ft
05/18/2018 05/18/18 For Sale $275,000 -- $72 / 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 $13,529 $126,326 $21,408 $104,918
2023 $12,065 $115,747 $19,615 $96,132
2022 $12,065 $100,083 $20,100 $79,983
2021 $11,993 $96,577 $19,396 $77,181
2020 $12,258 $93,919 $18,862 $75,057
2019 $11,969 $90,831 $18,242 $72,589
2018 $11,388 $84,825 $17,406 $67,419
2017 $11,469 $82,155 $16,858 $65,297
2016 $11,389 $78,027 $16,011 $62,016
2015 $11,398 $73,148 $15,010 $58,138
2014 $10,844 $71,801 $14,651 $57,150
2012 $10,284 $72,438 $14,781 $57,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11648854

Midwest Real Estate Data (MRED)

APN: 10-05-204-011