NOT LISTED FOR SALE

127 Oak Terrace Lake Bluff, IL 60044

Estimated Value: $1,927,000 - $2,120,000

5 Beds
5 Baths
3,800 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $1,410,000 $371 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,986/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Wood Flooring
  • Lake Bluff Elementary School Rated A
  • Recreation Room
  • Home Office

About This Home

As of August 2014

So many recent & significant improvements! Stunning home w/ exquisite millwork & finishes, 9'4''ceilings on 1st flr, 9ft on 2nd, paneled library,butler's pantry.Gourmet eat-in kitchen open to family rm w/fireplace. Master suite w/ seating area & large walk-in closet. Two covered porches overlook private yard w/ NEW patios, firepl, landscaping,fences,lighting, walkways. New gutters, New exer rm & wine cellar,audio sys

Last Agent to Sell the Property

Daria Andrews

@properties Christie's International Real Estate License #475105041 Listed on: 04/07/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Brian Demas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,208

Year Built

  • 1997

Lot Details

  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Library
  • Recreation Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Fire Pit
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,208

Year Built

1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1997
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Central Vacuum, Security System, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X7, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler
  • Additional Rooms: 5th Bedroom, Breakfast Room, Exercise Room, Foyer, Library, Office, Recreation Room
  • Master Bedroom: Dimensions: 22X16, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X14, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 3 Name: Office, Dimensions: 8X7, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 4 Name: Recreation Rm, Dimensions: 34X15, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 5 Name: Library, Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Foyer, Dimensions: 13X6, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Exercise Rm, Dimensions: 16X13, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 3800
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Porch, Fire Pit
  • Exposure: W (West)
  • Acreage: 0.25

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 115
  • Elementary School: LAKE BLUFF ELEMENTARY SCHOOL
  • Middle School: LAKE BLUFF MIDDLE SCHOOL
  • High School: LAKE FOREST HIGH SCHOOL
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 60 X 180 X 62 X 179
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 12213060030000

Tax Info

  • Taxes: 26528.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Aug 28, 2014
Sold by
Ventling Kelli Walden and The Kelli Walden Ventling 2008
Bought by
Marsch Andrew and Marsch Amy
Seller's Agent
Daria Andrews
@properties Christie's International Real Estate
Buyer's Agent
Brian Demas
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%
Current Estimated Value
$2,011,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,877
Avg. Annual Appreciation
3.24%
Original Mortgage
$987,000
Outstanding Balance
$729,982
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,281,895

Purchase Details

Closed on
Apr 15, 2011
Sold by
Jansing Mary Preston Cain
Bought by
Ventling Kelli Walden and The Kelli Walden Ventling 2008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2008
Sold by
Jansing Christopher Clay
Bought by
Jansing Mary Preston Cain

Purchase Details

Closed on
Jun 4, 2002
Sold by
Burke Christopher J and Burke Marguerite A
Bought by
Crowe John V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 1996
Sold by
Alexander Glenn W and Alexander Sydney J
Bought by
Burke Christopher J and Burke Marguerite A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marsch Andrew $1,410,000 Chicago Title Insurance Co
Ventling Kelli Walden $1,300,000 None Available
Jansing Mary Preston Cain -- None Available
Crowe John V $1,500,000 --
Burke Christopher J $245,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsch Andrew $987,000
Previous Owner Ventling Kelli Walden $650,000
Previous Owner Crowe John V $1,200,000
Previous Owner Burke Christopher J $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $1,410,000 -5.7% $371 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,495,000 -- $393 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40,208 $592,225 $129,744 $462,481
2023 $35,646 $530,029 $116,118 $413,911
2022 $35,646 $509,900 $111,708 $398,192
2021 $34,405 $505,503 $110,745 $394,758
2020 $33,655 $508,298 $111,357 $396,941
2019 $32,451 $498,967 $109,313 $389,654
2018 $30,052 $474,552 $120,918 $353,634
2017 $29,800 $466,620 $118,897 $347,723
2016 $31,536 $489,312 $113,171 $376,141
2015 $31,294 $460,746 $106,564 $354,182
2014 $26,529 $391,380 $95,673 $295,707
2012 $24,869 $394,775 $96,503 $298,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08578350

Midwest Real Estate Data (MRED)

APN: 12-21-306-003