NOT LISTED FOR SALE

1198 Key Dr W Machesney Park, IL 61103

Estimated Value: $494,000 - $518,000

4 Beds
3.5 Baths
3,533 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $443,000 $125 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,525/month

4 Days on Market

Highlights

  • River View
  • 0.53 Acre Lot
  • Whirlpool Bathtub
  • Waterfront
  • Deck
  • Great Room

About This Home

As of October 2023

Welcome to 1198 Key West Drive, a stunning waterfront property located in Rockford's sought-after River Key subdivision. This spacious 2-story home is perfectly situated on a premium water lot, offering picturesque views and tranquil living in a quiet, well-established neighborhood. Step inside to discover over 3,000 square feet of finished living space, including a bright and inviting walkout lower level that's perfect for entertaining, a home office, or multi-generational living. Fresh neutral paint and updated flooring throughout the lower level create a modern and move-in-ready space. The main level boasts a large living room with soaring ceilings and tall windows that bathe the home in natural light. Upstairs, enjoy generously sized bedrooms, including a primary suite with ample closet space and a private bath. The lower level includes a full bath, making it ideal for guests or extended stays. Step outside to enjoy serene water views from your backyard-perfect for kayaking, fishing, or simply relaxing by the water's edge. Additional highlights include: Bright, open-concept layout with vaulted ceilings Beautiful curb appeal on a corner lot Well-maintained landscaping with mature trees and greenery Attached garage and ample storage throughout Prime location near parks, shopping, and restaurants Homes on waterfront lots in River Key don't come up often-this is your chance to own a slice of peaceful, scenic living right in Rockford! Schedule your private tour today and make 1198 Key West Dr your next home!

Last Agent to Sell the Property

Toni Vander Heyden

Keller Williams Realty Signature License #475142387 Listed on: 08/17/2023

Keller Williams Realty Signature

Last Buyer's Agent

Justin Pillion

KELLER WILLIAMS INSPIRE License #475160180

KELLER WILLIAMS INSPIRE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,612

Year Built

  • Built in 2005

Lot Details

  • 0.53 Acre Lot
  • Waterfront

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • Multi-Level Property
  • Gas Fireplace
  • Great Room
  • River Views

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3.5 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Conklin Elementary School
  • West Middle School
  • Auburn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,612

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Amenities: Countertop-Granite, Walk-In Closet, Whirlpool Tub
  • Road Frontage: Hard Surface Road
  • Type: Water Front, Water View, River View
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 2377
  • Estimated Below Grade Finished Sq Ft: 1156
  • Exemptions: Owner
  • Front: 147
  • General Features: Deck, Great Room, Laundry 1st Floor, L.L. Finished Space, Patio
  • Grid: 11
  • Legal Description: River Key Sub No 1, Lot 27
  • Lot Acreage: 0.53
  • Lvt Date: 08/17/2023
  • Number of Lower Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Rear: 35
  • Side 1: 221
  • Side 2: 203
  • Stove Range Fuel: Gas
  • Style: Tri/Quad/Multi-Level
  • Type: House
  • Agent Only_ L A1 User Code: 4978
  • Egress: No
  • Elementary School: Conklin Elementary
  • Estimated Total Finished Sq Ft: 3533
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: ABSOLUTELY CAPTIVATING SPLIT-LEVEL HOME LOCATED IN THE HIGHLY SOUGHT-AFTER RIVER KEY SUBDIVISION. Set against the tranquil backdrop of the canal leading to the Rock River, this residence offers breathtaking panoramic views. The allure begins with the rich hardwood floors that flow throughout, complemented by the lofty volume ceilings that create an expansive and airy ambiance. The interior is designed to capture the natural beauty of the surroundings, with walls of windows that overlook the serene canal. The community's boat launch provides easy access to water activities, while the option to add a private dock in the backyard enhances the potential for waterfront enjoyment. The heart of the home is the stunning kitchen, adorned with granite countertops that exude both luxury and functionality. This culinary haven boasts ample space for a generously sized dining table, perfect for entertaining. For more formal occasions, a separate dining room offers an elegant setting. The living room is a cozy haven, centered around a corner gas fireplace that adds both warmth and charm. Upstairs, discover three bedrooms and two full bathrooms, including the master suite. The master retreat is a haven of tranquility, featuring an en-suite bathroom complete with a double sink vanity and a luxurious jacuzzi tub. A walk-in closet offers both organization and convenience. The lower level is a true gem, featuring a finished walkout design that opens to a sprawling rec-room. An additional bedroom and full bathroom provide privacy and versatility. A family room with doors leading to a covered patio offers a seamless indoor-outdoor transition. Convenience is key with a main-floor laundry room and a well-placed half bathroom. The home also boasts a new 25x15 deck, the perfect platform for outdoor gatherings. A 3.5-car attached garage ensures ample space for vehicles and storage. The exterior is a testament to curb appeal, welcoming guests with its tasteful architecture and lush surroundings.THIS HOME HARMONIZES LUXURY WITH COMFORT, OFFERING A LIFESTYLE OF SERENITY AND SOPHISTICATION.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2377
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011456
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 16x16, On Level: Upper
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished, Full Exposure
  • Bedroom 2: Dimensions: 13x12.6, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 16x15, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 14x13.6
  • Family Room: Yes, On Level: Walk Out, Dimensions: 19x17
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 23x13, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20x19.9
  • Price Per Sq Ft: 125.39
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 17.2x14.6
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: Conklin Elementary
  • Middle School: West Middle
  • High School: Auburn High

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2022
  • Taxes: 10612

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 18, 2023
Sold by
Willis Kristopher K and Willis Lindsee J
Bought by
Lampley Gabriel
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Justin Pillion
KELLER WILLIAMS INSPIRE
List Price
$450,000
Sold Price
$443,000
Premium/Discount to List
-$7,000
-1.56%
Views
64
Current Estimated Value
$502,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,283
Avg. Annual Appreciation
6.29%
Original Mortgage
$442,000
Outstanding Balance
$433,123
Interest Rate
7.25%
Mortgage Type
VA
Estimated Equity
$69,160

Purchase Details

Listed on
May 23, 2018
Closed on
May 10, 2019
Sold by
Iancu Elvira M
Bought by
Willis Kristopher K and Willis Lindsee J
Seller's Agent
Vickie Krueger
Dickerson & Nieman Realtors
Buyer's Agent
Non Member
NON MEMBER
List Price
$319,000
Sold Price
$273,000
Premium/Discount to List
-$46,000
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$259,350
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Bought by
Iancu Elvira
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lampley Gabriel $443,000 None Listed On Document
Willis Kristopher K $273,000 Kelly Connor Nicholas Pc
Iancu Elvira $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampley Gabriel $442,000
Previous Owner Willis Kristopher K $259,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Price Changed $499,000 -2.2% $141 / Sq Ft
08/10/2025 08/10/25 Price Changed $510,000 -1.0% $144 / Sq Ft
08/01/2025 08/01/25 Price Changed $515,000 -1.9% $146 / Sq Ft
07/16/2025 07/16/25 For Sale $525,000 +18.5% $149 / Sq Ft
10/02/2023 10/02/23 Sold $443,000 -1.6% $125 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $450,000 +64.8% $127 / Sq Ft
05/13/2019 05/13/19 Sold $273,000 -2.2% $115 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $279,000 -1.6% $117 / Sq Ft
11/19/2018 11/19/18 Price Changed $283,500 -1.9% $119 / Sq Ft
09/07/2018 09/07/18 Price Changed $289,000 -3.3% $122 / Sq Ft
07/17/2018 07/17/18 Price Changed $299,000 -6.3% $126 / Sq Ft
05/23/2018 05/23/18 For Sale $319,000 -- $134 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 -- $162,890 $49,565 $113,325
2023 $10,697 $141,976 $43,201 $98,775
2022 $0 $129,116 $39,288 $89,828
2021 $10,563 $121,876 $37,085 $84,791
2020 $10,550 $116,795 $35,539 $81,256
2019 $11,094 $112,023 $34,087 $77,936
2018 $11,171 $106,974 $32,551 $74,423
2017 $11,386 $104,877 $31,913 $72,964
2016 $11,171 $101,154 $30,780 $70,374
2015 $11,115 $99,199 $30,185 $69,014
2014 $9,172 $95,913 $30,185 $65,728
Source: Public Records

Agents Affiliated with this Home

  • Justin Pillion

    Seller's Agent in 2025

    Justin Pillion

    KELLER WILLIAMS INSPIRE

    (815) 590-2041

    4 in this area

    137 Total Sales

    Justin Pillion
    Section Image
  • Toni Vander Heyden

    Seller's Agent in 2023

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    89 in this area

    1,403 Total Sales

    Toni Vander Heyden
    Section Image

  • V

    Seller's Agent in 2019

    Vickie Krueger

    Dickerson & Nieman Realtors

    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    NON MEMBER

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304740

NorthWest Illinois Alliance of REALTORS®

APN: 07-24-476-022

Illinois Winnebago County Machesney Park 61103

1198 Key Dr W, Machesney Park, IL

This home is located at 1198 Key Dr W, Machesney Park, IL 61103 since 17 August 2023 and is currently estimated at $502,283, approximately $142 per square foot. This property was built in 2005. 1198 Key Dr W is a home located in Winnebago County with nearby schools including West View Elementary School, Conklin Elementary School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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