$443,000
SOLD OCT 2, 2023

1198 Key Dr W Machesney Park, IL 61103

4 Beds
3.5 Baths
3,533 Sq Ft
0.53 Acres

Recently Sold

$125 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • River View
  • Deck
  • Great Room
  • Waterfront
  • Whirlpool Bathtub
  • Granite Countertops

About This Home

As of October 2023

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.

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
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
11.65%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $273,000 Kelly Connor Nicholas Pc
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 VA
Closed $264,000 New Conventional
Closed $259,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304740

NorthWest Illinois Alliance of REALTORS®

APN: 07-24-476-022