See Home Value
$500,000
● House - Off Market

1218 Pine Tree Drive

Lake Villa, IL 60046
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,000 Ft²
$3,355
Est. Monthly
$39
HOA / Fees
5.76%
Cap Rate

About This Property

Welcome to 1218 Pine Tree Dr, Lake Villa, IL, a breathtaking executive-style home nestled in the prestigious Cedar Ridge Estates subdivision. This magnificent 4-bedroom, 3.5-bathroom residence combines luxury, comfort, and convenience, making it the perfect place to call home.    As you step inside, you are greeted by a 2-story grand foyer that sets the tone for the elegance and spaciousness found throughout the home. The newly installed carpeting adds warmth and sophistication to the living spaces, while luxury vinyl plank (LVP) flooring in the kitchen and eating areas offers a modern touch.    The main level features a dedicated home office, ideal for remote work or study, providing a quiet and productive environment. The enormous kitchen is a chef's dream, boasting upgraded cabinetry, a built-in double oven, and 42" cabinets that offer ample storage. The large island with a breakfast bar, along with the eating area and bump-out breakfast nook with panoramic views, makes this space perfect for casual dining and entertaining. The 2-story grand family room, with its impressive fireplace, serves as the heart of the home, providing a cozy yet spacious area for gatherings and relaxation.    Each of the four bedrooms is generously sized, offering large closets that provide ample storage space. The master suite is a true retreat, featuring a stand-up shower and a separate soaking tub, creating a spa-like experience. The additional bathrooms are well-appointed, ensuring convenience and comfort for family members and guests alike.    The full finished English basement is an entertainer's delight, featuring a wet bar, rec room, family room, and game area. This versatile space can be customized to suit your lifestyle, whether you prefer hosting parties, enjoying movie nights, or creating a play area.    Situated in a prime location, this home is perfect for commuters, with easy access to Metra commuter rails. It is also conveniently close to shopping and the Chain O' Lakes, Illinois' largest recreational waterway, offering endless opportunities for boating, fishing, and other outdoor activities.    In summary, 1218 Pine Tree Dr is a stunning executive home that offers everything you need for luxurious living. From the grand entrance and spacious living areas to the gourmet kitchen and fully finished basement, every detail has been thoughtfully designed to provide comfort and elegance. Don't miss the opportunity to make this exquisite home your own. Schedule your viewing today and experience the exceptional lifestyle that awaits you in Cedar Ridge Estates.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$124
Property Type
House
Property Taxes
$885
HOA Dues
$39
Year Built
2005

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Last updated: 3 years ago (MRED MLS #12029642)

Price History

Date / Event Date Event Price
Jul 9, 2024 Sold
Sold
May 17, 2024 Listed by Village Realty $495,000
Listed by Village Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,657
  • Garage Type: 1
  • Garage Square Area: 706
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,410
  • Total Building Area: 5,657
  • Gross Building Area: 5,657
  • Building Area: 3,294
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,294
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR RIDGE PHASE II UNIT 1 SUB
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CEDAR RIDGE PHASE II UNIT 1 SUB; LOT 117

Neighborhood

  • School District Name: Grant Community High School District 124
  • Census Tract: 861010

Geography

  • District: LAKE VILLA
  • Subdivision Phase Number: 2
  • Parcel: 06-08-312-005
  • Lot: 117
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.3907
  • Longitude: -88.0954

    Address

  • Full Address: 1218 Pine Tree Dr
  • Legal Unit: 1
  • Address - House Number: 1218
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R016
  • 4-Digit Zip Code: 8624
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,061,882
  • Tax Rate Code Area: 5137

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 446,484
  • High Value: 522,539
  • Low Value: 370,428

    Market Valuation

  • Market Total Value: $395,002
  • Market Land Value: $55,374
  • Market Improvement Value: $339,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,654
  • Assessed Land Value: $18,456
  • Assessed Improvements Value: $113,198

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2014
  • Current Sale Recording Date: Mar 11, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7083114
  • Previous Sale Recording Date: Mar 14, 2005
  • Previous Sale Contract Date: Feb 10, 2005
  • Previous Sale Amount: $340,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Cedar Ridge


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 25283 W Timber Lane, Lake Villa, IL, 60046

$3,400 /mo

  • 6 Beds
  • 3 Baths
  • 2,572 ft²
25283 W Timber Lane #25283, Lake Villa, IL, 60046 Listing by Kasim Alnafoosi


Frequently Asked Questions

When was property at 1218 Pine Tree Drive built and last sold?
The property at 1218 Pine Tree Drive was built in 2005 and last sold on Feb 28, 2014 for $274,500.
How much is this home worth?
The estimated value of the home located at 1218 Pine Tree Drive is $0.
What are some comparable homes to 1218 Pine Tree Drive?
There are currently no comparable homes to 1218 Pine Tree Drive.