See Home Value
$1,375,000
● House - Off Market

120 Oak Terrace

Lake Bluff, IL 60044
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,722 Ft²
$1,590,269
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Pride of ownership is evident from the moment you enter this distinctive home. Located in the heart of East Lake Bluff, this lot and location provide ample outdoor space, privacy and a very convenient location. The owners have made significant improvements including the addition of the family room and primary suite, a new, oversized 4 car garage, bluestone patio and walkways, lush landscaping, outdoor fireplace and recently renovated primary suite with beamed and vaulted ceiling. The second level also includes two additional bedrooms and two full baths plus a laundry room. A fourth bedroom is on the third level. The kitchen opens to the family room which features a fireplace and custom cabinetry. The lower level has been improved with the addition of an elegant home theater room that includes heated floors and  all the requisite components for entertaining. A kitchenette was designed and built for the room and a full bath is also included. The heavy lifting has been completed, Just move in!
Unit Size
3,722 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$403
Property Type
House
Property Taxes
$1,720
HOA Dues
-
Year Built
1926

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Last updated: 3 years ago (MRED MLS #11417789)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Sold
Jun 1, 2022 Listed by Compass $1,499,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,494
  • Garage Type: 4
  • Garage Square Area: 880
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,690
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 850
  • Total Building Area: 5,634
  • Gross Building Area: 5,898
  • Building Area: 2,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF LAKE BLUFF SECOND RAVINE FORE
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF SECOND RAVINE FOREST LOT 47

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863300

Geography

  • District: SHIELDS
  • Parcel: 12-21-304-064
  • Lot: 47
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2713
  • Longitude: -87.8417

    Address

  • Full Address: 120 Oak Ter
  • Address - House Number: 120
  • Address - Street Name: Oak
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C001
  • 4-Digit Zip Code: 2718
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,139,098
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 1,146,727
  • High Value: 1,355,316
  • Low Value: 938,139

    Market Valuation

  • Market Total Value: $993,933
  • Market Land Value: $404,848
  • Market Improvement Value: $589,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,278
  • Assessed Land Value: $134,936
  • Assessed Improvements Value: $196,342

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7952919
  • Previous Sale Recording Date: Apr 12, 2000
  • Previous Sale Contract Date: Mar 31, 2000
  • Previous Sale Amount: $552,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Village of Lake Bluff


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Unit for rent at 1301 N Western Avenue, Lake Forest, IL, 60045

$3,400 /mo

  • 2 Beds
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1301 N Western Avenue #231, Lake Forest, IL, 60045 Listing by Shelley Ireland


Frequently Asked Questions

When was property at 120 Oak Terrace built and last sold?
The property at 120 Oak Terrace was built in 1926 and last sold on Dec 27, 2022 for $1,375,000.
How much is this home worth?
The estimated value of the home located at 120 Oak Terrace is $0.
What are some comparable homes to 120 Oak Terrace?
There are currently no comparable homes to 120 Oak Terrace.

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