NOT LISTED FOR SALE

39 Oak Terrace Lake Bluff, IL 60044

Estimated Value: $2,145,000 - $2,204,000

4 Beds
4.5 Baths
4,626 Sq Ft
$471/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,775,000 $384 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,858/month

30 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Recreation Room
  • Lake Bluff Elementary School Rated A
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of May 2023

Newer construction in East Lake Bluff? Yes, you really can have both! This striking five-bedroom, four and a half-bath 4,626-square-foot custom home gives you all the space and style you want, with a modern floorplan and features you didn't think you could find in this coveted location. On nearly a half-acre of parklike grounds, this home features a storybook exterior enhanced by mature trees, lush landscaping, and an expansive stone porch. Inside, great family spaces promote togetherness and offer excellent entertainment potential, while spacious bedrooms invite serenity when it's time for privacy. Greeted by hardwood floors, 10-foot ceilings, crown molding and wainscotting, and designer finishes, you'll immediately be inspired by this impressive home. The private office/den just beyond the entry is a convenient space that can transform to meet your needs. On the other side, the sophisticated formal dining room leads to a gracious butler's pantry with a sink, dishwasher drawer, wine fridge, and walk-in pantry. Continue through to the chef-ready kitchen. As beautiful as it is functional, this space features a large eat-in island, dark stone counters contrasted with white custom cabinets, stainless steel appliances, and an adjacent breakfast area with built-in banquet seating. The kitchen opens to a light-filled family room that overlooks the patio and backyard through a wall of glass doors. Anchored by a stunning fireplace with flanking bookcases, the coffered ceiling and recessed lighting further enhances the feeling of warmth in the room. The coveted first-floor primary suite is a refuge, with a large walk-in closet with stackable washer and dryer and a spa-like marble bathroom with dual vanities, soaking tub, and a walk-in shower. Completing the first floor is a chic powder bathroom and sizable mudroom off the three-car garage with a planning desk, excellent storage, and access to the fenced backyard. Upstairs is a fantastic en-suite bedroom and two secondary bedrooms that share an oversized Jack-and-Jill bath. Each of these three bedrooms offers exceptional space and a walk-in closet. The fifth bedroom and fourth full bath are located on the finished lower level with 9-foot ceilings, together with a huge recreation space, an ample laundry room, and tons of storage. Large window wells keep this floor as light and bright as the rest of the home. The backyard is an oasis with leafy trees, an entertainment patio, and a substantial playset on the vast lawn. The playset is one of the many new features added to the home within the last two years in addition to installing a whole-house water filter, a Generac generator, designer light fixtures, custom window coverings, an ADS security system, and more. Is this the perfect home? It just might be!

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 03/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Pam MacPherson

@properties Christie's International Real Estate License #475166770

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,799

Year Built

  • Built in 2016

Lot Details

  • 0.46 Acre Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Circular Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Shake Roof

Interior Spaces

  • 4,626 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water
  • Water Purifier is Owned

Additional Features

  • Air Exchanger
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,799

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Water Purifier Owned, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 4626
  • Other Equipment: Humidifier, Security System, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump, Air Exchanger, Backup Sump Pump;, Generator
  • Room Type: Bedroom 5, Den, Recreation Room, Mud Room, Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 1865000
  • Lot Features: Fenced Yard, Landscaped, Mature Trees
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Stone,Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Multiple Locations
  • Water Source: Lake Michigan

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
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.458
  • Lot Dimensions: 19949
  • 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: 36799
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Sep 28, 2020
Sold by
Grumhaus Diane B and Diane B Grumhaus Revocable Tru
Bought by
Braverman Adam M and Braverman Lien Nguyen
Seller's Agent
Katherine Hudson
Compass
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%
Current Estimated Value
$2,094,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,445
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Apr 20, 2018
Sold by
Grumhaus Diane B and Grumhaus Peter D
Bought by
Grumhaus Diane B and Diane B Grumhaus Revocable Tru

Purchase Details

Listed on
Jun 19, 2014
Closed on
Oct 10, 2014
Sold by
Plh Investments Llc
Bought by
Diane Grumhaus Peter and Diane Grumhus
Seller's Agent
Brad Andersen
Compass
Buyer's Agent
Katherine Hudson
Compass
List Price
$1,349,000
Sold Price
$550,000
Premium/Discount to List
-$799,000
-59.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$1,050,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 14, 2009
Sold by
Czajkowski Jane and Estate Of Sophia Czajkowski
Bought by
Plh Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Braverman Adam M $1,575,000 Chicago Title
Grumhaus Diane B -- Attorney
Diane Grumhaus Peter $550,000 Multiple
Plh Investments Llc $430,000 Nat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grumhaus Peter D $417,000
Previous Owner Grumhaus Peter D $133,000
Previous Owner Grumhaus Peter $1,050,000
Previous Owner Diane Grumhaus Peter $212,750
Previous Owner Plh Investments Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,775,000 -4.8% $384 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $1,865,000 -6.5% $403 / Sq Ft
03/22/2023 03/22/23 For Sale $1,995,000 +26.7% $431 / Sq Ft
10/01/2020 10/01/20 Sold $1,575,000 -7.1% $340 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $1,695,000 +208.2% $366 / Sq Ft
10/14/2014 10/14/14 Sold $550,000 -59.2% $130 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $1,349,000 -- $318 / 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 $40,693 $591,607 $165,936 $425,671
2023 $38,127 $566,477 $148,510 $417,967
2022 $38,127 $544,964 $142,870 $402,094
2021 $36,799 $540,264 $141,638 $398,626
2020 $35,997 $543,252 $142,421 $400,831
2019 $34,710 $533,280 $139,807 $393,473
2018 $36,668 $577,703 $155,365 $422,338
2017 $36,635 $568,046 $152,768 $415,278
2016 $35,071 $540,687 $145,410 $395,277
2015 $9,472 $136,921 $136,921 $0
2014 $9,716 $153,669 $122,928 $30,741
2012 $10,255 $159,455 $123,994 $35,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11738141

Midwest Real Estate Data (MRED)

APN: 12-21-306-007