NOT LISTED FOR SALE

340 Park Ln Lake Bluff, IL 60044

Estimated Value: $694,000 - $740,000

3 Beds
3 Baths
1,594 Sq Ft
$446/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $615,000 $386 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,626/month

4 Days on Market

Highlights

  • Deck
  • Property is near park
  • Ranch Style House
  • Lake Bluff Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2022

Wonderful brick ranch home in the Terraces neighborhood of Lake Bluff with 2,400 square feet of living space! This beautifully updated and maintained home has 3 bedrooms, 3 full bathrooms, a spacious living room with fireplace, sunlit family room, dining room, hardwood floors throughout, a large recreation room, newer windows, a 2 tier deck overlooking the professionally landscaped, fenced back yard, and an attached 2-car garage. The lovely eat-in kitchen with paneled wood cabinetry and granite countertops opens to the family room, dining room and finished basement. Close to parks/playgrounds, schools, and shopping, this home won't last long. Enjoy all that downtown Lake Bluff has to offer including the Farmers Market, Sunday concerts, and the 4th of July Parade. Move right in and enjoy this fabulous home!

Last Agent to Sell the Property

Ann Lyon

@properties Christie's International Real Estate License #475126499 Listed on: 02/25/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Matthew Lawrence

1st Class Real Estate - All Pro License #475118040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,020

Year Built

  • Built in 1963

Lot Details

  • 12,502 Sq Ft Lot
  • Lot Dimensions are 78 x 160
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,594 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Separate Shower
  • Solar Tube

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near park

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School
  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

  • West Terrace Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,020

Year Built

Built in 1963

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: West Terrace
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Solar Tubes/Light Tubes, First Floor Bedroom, First Floor Full Bath, Built-in Features, Bookcases, Special Millwork, Drapes/Blinds
  • LivingArea: 1594
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Recreation Room, Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lake Bluff Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Lake Bluff Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.287
  • Lot Dimensions: 78 X 160
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9019.78
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 2, 2022
Sold by
Margaret C Hlavac Declaration Of Trust
Bought by
Litchfield Herbert J and Dorenfeld Lucy W
Seller's Agent
Ann Lyon
@properties Christie's International Real Estate
Buyer's Agent
Matthew Lawrence
1st Class Real Estate - All Pro
List Price
$610,000
Sold Price
$615,000
Premium/Discount to List
$5,000
0.82%
Current Estimated Value
$711,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,008
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Dec 13, 2018
Sold by
Hlavac Margaret C
Bought by
Declaration Hlavac Margaret C and Declaration Margaret C Hlavac

Purchase Details

Closed on
Aug 4, 2006
Sold by
Scheidler Edward and Scheidler Edward A
Bought by
Hlavac Paul P and Hlavac Margaret C

Purchase Details

Closed on
May 1, 2001
Sold by
Annibali William W and Annibali Cynthia B
Bought by
Scheidler Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7%

Purchase Details

Closed on
May 26, 1998
Sold by
Glynn David Paul and Glynn Kimberly S
Bought by
Annibali William Whitney and Annibali Cynthia Brennen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Litchfield Herbert J $615,000 Canning & Canning Llc
Declaration Hlavac Margaret C -- Attorney
Hlavac Paul P $610,000 St
Scheidler Edward $405,000 --
Annibali William Whitney $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheidler Edward $324,000
Previous Owner Annibali William Whitney $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $615,000 +0.8% $386 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $610,000 -- $383 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,628 $182,387 $111,286 $71,101
2023 $9,632 $161,663 $98,641 $63,022
2022 $9,632 $146,963 $89,672 $57,291
2021 $9,291 $145,696 $88,899 $56,797
2020 $9,372 $150,661 $89,405 $61,256
2019 $9,034 $147,896 $87,764 $60,132
2018 $9,052 $151,993 $87,137 $64,856
2017 $8,971 $149,452 $85,680 $63,772
2016 $8,623 $142,254 $81,553 $60,701
2015 $8,505 $133,949 $76,792 $57,157
2014 $7,532 $119,662 $68,944 $50,718
2012 $7,154 $120,700 $69,542 $51,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11333194

Midwest Real Estate Data (MRED)

APN: 12-20-401-011

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