When was property at 28 Oak Terrace built and last sold?

The property at 28 Oak Terrace was built in 1954 and last sold on Jul 12, 2023 for $446,500.

How much is this home worth?

The estimated value of the home located at 28 Oak Terrace is $0.

What are some comparable homes to 28 Oak Terrace?

There are currently no comparable homes to 28 Oak Terrace.

Lake Bluff

60044

Village of Lake Bluff

28 Oak Terrace

$446,250

● House - Off Market

28 Oak Terrace

Lake Bluff, IL 60044

3 Beds

2 Baths

2,530 Ft²

$378,963

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

Great potential in this ranch style single family home located in the wonderful neighborhood of Lake Bluff. This home offers a flexible, open concept floor plan with 3 bedrooms and 2 baths. Large and sunny family room opens up to the dining room and kitchen with direct access through glass sliding doors to a brick patio and private back yard. Small bonus room by the living room can serve as an office or as a workshop space. Oversized 2 car attached garage with plenty of extra space for tools and gardening equipment. This home is conveniently located to Lake Forest High School . The home is being sold in As-Is condition. It requires work and offers great potential for the right buyer.100%-tax proration, no survey.

Unit Size

2,530 Ft²

Days on Market

Land Size

0.41 acres

Price per sqft

$150

Property Type

House

Property Taxes

$982

HOA Dues

Year Built

1954

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11802560)

Price History

Date / Event	Date	Event
Jul 25, 2023	Sold	Premium
Sold
Jun 7, 2023	Listed by Red Zone Realty Group Inc.	$380,000
Listed by Red Zone Realty Group Inc.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1954

Effective Year Built: 1954
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 6
Building Quality: 9
Construction Type: 6
Building Style: 11
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 616
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 17,877

Total Building Area: 3,146
Gross Building Area: 3,146
Building Area: 2,530
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,530
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VILLAGE OF LAKE BLUFF RAVINE FOREST
Land Acres: 0000000410
Standard Land Use Code: 1001
County Land Use Code: 40
Legal Description 1: VILLAGE OF LAKE BLUFF RAVINE FOREST; LOT 16

Neighborhood

School District Name: Lake Bluff Elementary School District 65

Census Tract: 863300

Geography

Assessors Map Reference: 2594-A7

District: SHIELDS
Parcel: 12-21-304-077
Lot: 16
Municipality: TWP OF SHIELDS
Latitude: 42.2698
Longitude: -87.8415

Address

Full Address: 28 Oak Ter

Address - House Number: 28
Address - Street Name: Oak
Address - Suffix Type: Ter
State: IL
City Name: Lake Bluff
Carrier Code: C001
4-Digit Zip Code: 2716
Zip Code: 60044

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,177,834
Tax Rate Code Area: 10011

Appraisal Valuation

Standard Deviation: 0.1717

Valuation Date: Feb 28, 2024
Confidence Score: 78
Final Value: 628,017
High Value: 735,866
Low Value: 520,168

Market Valuation

Market Total Value: $652,884

Market Land Value: $466,178
Market Improvement Value: $186,706

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $217,606
Assessed Land Value: $155,377
Assessed Improvements Value: $62,229

Sales

Current Sale Contract Date: Jul 12, 2023

Current Sale Recording Date: Aug 02, 2023
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 7987725

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Village of Lake Bluff

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

Average Home Size

3739 ft²

Average Home Age

49.8 years

Currently For Sale

5 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 389 E Deerpath Road, Lake Forest, IL, 60045

$2,695 /mo

2 Beds
1 Bath
900 ft²

389 E Deerpath Road #1, Lake Forest, IL, 60045 Listing by Megan Sparrow Jordan

Unit for rent at 706 Oak Avenue, Lake Bluff, IL, 60044

$2,850 /mo

2 Beds
2 Baths
1,250 ft²

706 Oak Avenue #706, Lake Bluff, IL, 60044 Listing by Gregg Handrich

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Mariola Buchowska, Red Zone Realty Group Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11802560

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

28 Oak Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Village of Lake Bluff

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions