See Home Value
$770,000
● House - Off Market

40 Oak Terrace

LAKE BLUFF, IL 60044
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,529 Ft²
$1,266,697
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Amazing custom renovation & addition in 1995 turned this ordinary house into extraordinary, showcasing an open, versatile floor plan with dramatic accents. Desirable 1st floor master suite with sitting room & walk-in closet. Designed for entertaining, the Chefs kitchen features a 5-burner gas cooktop, double ovens, stainless appliances, breakfast bar, eating area & planning desk. Picturesque perennial gardens frame this large East Lake Bluff property including outdoor TimberTek deck, patio and gas fire pit. Hardwood floors throughout, abundance of windows, zoned heating and air conditioning. Ample storage including walk-in pantry, 1st floor laundry room & 3rd floor bonus room. Oversized garage with extra storage and epoxy floor, plus brand new driveway. This charming, light-filled home is just minutes from the Lake, Beach, Restaurants, Shopping, Train & Schools. Priced to sell, including a Home Warranty!
Unit Size
3,529 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$224
Property Type
House
Property Taxes
$1,671
HOA Dues
-
Year Built
1955

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Last updated: 3 years ago (MRED MLS #09609810)

Price History

Date / Event Date Event Price
Jul 2, 2024 Sold
Sold
May 6, 2024 Listed by @properties Christie's International Real Estate $1,950,000
Listed by @properties Christie's International Real Estate
This stunning renovation and reimagined in-town East Lake Bluff home is straight from the pages of a design magazine! With a white farmhouse exterior, the inside is totally unexpected and such a surprise. Meticulously renovated from top to bottom by Landmark Luxury Group and designed by Soledad Zitzewitz Interiors, with the utmost attention to detail, this exquisite home boasts a perfect balance between style and functionality. Delivering an unparalleled living experience, the home features lacquer finishes, designer window treatments, a three-story rotunda, custom cabinetry and so much more. Walk through the front door to the living room where you will find a brick fireplace, rustic mantle, and lacquered ceiling. Adjacent to the living room sits a stunning powder room complete with a floor-to-ceiling wall of flowered marble tile. Enjoy a meal in the dining room with its vaulted ceiling and designer wallpaper. A breathtaking, one-of-a-kind lacquer rotunda serves as the heart of the home, enclosing a curved staircase which showcases a beautiful art gallery. The chef's kitchen contains every detail imaginable including high end appliances such as a 60" Wolf range, Sub-Zero refrigerator in addition to a large, double-sided island topped with custom quartzite countertops. There is also a large walk-in pantry. Entertain in the family room, featuring a vaulted ceiling, brick fireplace, custom bar with a beverage refrigerator, and two-toned wood built-ins. There is ample room for seating in this picturesque area, surrounded by windows and sliding glass doors offering incredible views of the lush backyard. At days' end, retreat to the first floor Primary Suite with its heated floors, dressing room and spa-like bath. The second floor meanwhile features a loft, three bedrooms and a full bath with double sinks. Head up to the third floor and relax in the bonus room, complete with a wet bar area, full bath and storage room. The fully fenced grounds are beautifully manicured and the west-facing backyard features a gorgeous brick patio, built-in fire pit and professional landscaping. Multiple flower beds encircle the home for year round floral color and greenery. This one-of-a-kind backyard experience is a true retreat only blocks from Lake Michigan and downtown Lake Bluff. Virtually everything in this home is new including the roof, windows, siding, two HVAC systems, cabinetry, appliances, trim, hardware and more. This labor of love is truly a masterpiece that is not to be missed!
Jun 21, 2017 Sold
Sold
Apr 28, 2017 Listed by Coldwell Banker Residential $789,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 556
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,619
  • Total Building Area: 4,293
  • Gross Building Area: 4,293
  • Building Area: 3,737
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,737
  • 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: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VILLAGE OF LAKE BLUFF RAVINE FOREST LOT 14

Neighborhood

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

Geography

  • District: SHIELDS
  • Parcel: 12-21-304-068
  • Lot: 14
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2702
  • Longitude: -87.8416

    Address

  • Full Address: 40 Oak Ter
  • Address - House Number: 40
  • 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: $2,014,672
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 1,122,389
  • High Value: 1,313,500
  • Low Value: 931,278

    Market Valuation

  • Market Total Value: $967,099
  • Market Land Value: $438,203
  • Market Improvement Value: $528,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,334
  • Assessed Land Value: $146,053
  • Assessed Improvements Value: $176,281

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7407302
  • Previous Sale Recording Date: Aug 09, 1994
  • Previous Sale Contract Date: Aug 05, 1994
  • Previous Sale Amount: $310,000
  • 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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Nearby Rentals

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$4,000 /mo

  • 3 Beds
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Unit for rent at 333 Scott Street, Lake Forest, IL, 60045

$3,600 /mo

  • 3 Beds
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  • 2,163 ft²
333 Scott Street, Lake Forest, IL, 60045 Listing by Greg Koza


Frequently Asked Questions

When was property at 40 Oak Terrace built and last sold?
The property at 40 Oak Terrace was built in 1955 and last sold on Jun 21, 2017 for $770,000.
How much is this home worth?
The estimated value of the home located at 40 Oak Terrace is $0.
What are some comparable homes to 40 Oak Terrace?
There are currently no comparable homes to 40 Oak Terrace.

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