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23-211 Blackberry
Lake Carroll, IL 61046
$419,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
1805
Property Description
Don't miss the chance to own this 2-story Lake Carroll home, where rustic charm meets lake community living, all set against endless country views. Step into the inviting living area, featuring updated luxury vinyl plank flooring, barn board accent walls, solid oak doors, and large windows that exude warmth and style. The kitchen and dining areas flow seamlessly into the living space, perfect for entertaining or relaxing with family. The main floor also includes a laundry room with a closet/pantry, a primary bedroom with a large walk-in closet, and an ensuite bathroom completely updated in 2022. Upstairs, you'll find a full bath, three spacious bedrooms, and a cozy family room with a fireplace. The expansive upper-level deck provides panoramic countryside and seasonal lake views, making it the perfect spot for stargazing or enjoying your morning coffee. The lower level, newly finished in 2022, boasts a fun recreation room and a chic wine bar area, offering a fantastic space for hosting friends or relaxing with a good book and a glass of wine. Additionally, the basement offers ample storage space for all your lake life needs, with double doors providing access to the lower-level patio. Need more space? The basement has potential for additional walk-out living areas. Outside, the entertainment continues with a three-season screened-in porch featuring a hot tub, which stays with the home, and a covered deck equipped with a TV hookup to ensure you never miss a moment. The expansive 1.02-acre yard, adorned with stunning red and orange maple trees, is perfect for all your outdoor activities. Additionally, the lower-level patio and firepit provide a quiet space for s'mores and fireside stories. This home seamlessly combines modern comfort with the peacefulness and beauty of country living.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
202402625
Location
Address
23-211 Blackberry
City
LAKE CARROLL
State
IL
Zip Code
61046
County
CARROLL
Listing
Provider
Fawnridge Realty Inc., original listing
Name
Fawnridge Realty Inc.
Phone
(815) 493-2829
Office Name
Fawn Ridge Real Estate Co.
Office Phone
(815) 493-2829
Agent Name
Kayla Block

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.