Seller's Agent in 2023
Mike McCatty
Century 21 Circle
(708) 945-2121
15 in this area
1,123 Total Sales
1997 Island Dr Morris, IL 60450
Estimated Value: $1,856,000 - $1,890,807
5
Beds
5
Baths
7,400
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Lake Front
- Boat Dock
- Boat Slip
- Coal City Intermediate School Rated A-
- Beach Access
- 5.34 Acre Lot
About This Home
As of January 2023Welcome to Lincoln Lake with over 150 acres of water w/14+ miles of shoreline outside your backdoor! Enjoy all watersports on one of the largest/cleanest lakes in the Midwest! Built by a local quality builder, this newer 7,400 sq. ft., solid brick and stone RANCH, set on a waterfront, wooded 5+ acre lot is breathtaking. Extra wide, circle asphalt drive, lush landscaping with sprinklers and stone walkway leads to stone covered entryway with solid cherry door that sets the tone for this "one-of-a-kind" masterpiece. Owner inspired, with an investment of $2.3 million, this 5 bedroom, 3 full baths, 2, 1/2 baths, with full finished walkout checks all the boxes, and even adds a few you may have forgotten. Formal dining room with decorative ceiling welcomes guests. Eye catching, soaring ceilings with stone fireplace flanked by windows draws you into the family room. Massive adjacent kitchen designed for your most decerning chef with rich, dark custom cabinetry, stainless appliances, including two Wolf ovens and a sub zero refrigerator, a beverage center and granite countertops. Center island with cooktop, tons of storage and additional seating for 8! "Room-sized" laundry area! Maintenance free deck that spans the back of the home and offers access options from kitchen, family, laundry area and primary bedroom. 2 additional bedrooms on the main including a 2nd en-suite. Finished lower level walkout with 2 bedrooms, a recreation area, a 2nd fireplace, a full bath, a half bath, and a flex space for playroom, kitchen or whatever you envision. Covered patio for entertaining. Ideal related living option as well with private 3+ car garage access to lower level. You'll need to buy additional toys to fill the garage and the 40x50 Wick Outbuilding with concrete floor, 3 overhead doors, electric and water! So now for the boxes you didn't think of. Overbuilt, to include 2x6 outer wall construction, architectural grade shingles, whole house generator, tankless water heater, water treatment system, engineered trusts, 2 HVAC's, and stoned area to allow outdoor parking for 30 cars. This estate is nothing short of a "dream come true." Add a 50x50 private beach, a fenced yard and gorgeous panoramic Lincoln Lake views from "The Point" and this home is an 11! Floating dock and private, tucked away swim area. Enjoy boating, water/jet skiing, fishing, kayaking & paddle boarding. Access to Goose Lake Club's beach, camping & sled hill. 15 minutes to shops, dining & nostalgic downtown Morris!
Last Agent to Sell the Property
Century 21 Circle License #471002650 Listed on: 09/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,016
Year Built
- Built in 2015
Lot Details
- 5.34 Acre Lot
- Lot Dimensions are 134x1102x1099x174x170
- Lake Front
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
- Mature Trees
- Wooded Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Walk-Out Ranch
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,400 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Recreation Room
- Bonus Room
- Lower Floor Utility Room
- Wood Flooring
- Water Views
- Carbon Monoxide Detectors
Kitchen
- Double Oven
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Exterior Basement Entry
- 9 Foot Basement Ceiling Height
- Sump Pump
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Beach Access
- Access To Lake
- Tideland Water Rights
- Boat Slip
- Docks
- Pond
- Deck
- Patio
- Outbuilding
Location
- Property is near park
Schools
- Coal City Elementary School
- Coal City Intermediate School
- Coal City High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Natural Gas
- 200+ Amp Service
- Power Generator
- Well
- ENERGY STAR Qualified Water Heater
- Gas Water Heater
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include lake rights
- Goose Lake Association, Phone Number (815) 942-4879
- Goose Lake Subdivision, Ranch W/Walkout Floorplan
- Property managed by Goose Lake
- Community Lake
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2024
Sold by
Thornton Michael
Bought by
Lyndsay J Mills Revocable Living Trust and Mills
Current Estimated Value
Purchase Details
Listed on
Sep 15, 2022
Closed on
Jan 9, 2023
Sold by
Price St Fred F & Joyce A
Bought by
Thornton Michael
Seller's Agent
Mike McCatty
Century 21 Circle
Buyer's Agent
Julie VanDuyne
Coldwell Banker Real Estate Group
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%
Views
136
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Purchase Details
Closed on
Feb 4, 2015
Bought by
Price Fred F and Price Joyce A
Purchase Details
Closed on
Aug 11, 2014
Sold by
John C John C
Bought by
1997 Island Drive Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyndsay J Mills Revocable Living Trust | $1,725,000 | Chicago Title | |
| Thornton Michael | $1,700,000 | -- | |
| Price Fred F | $1,278,500 | -- | |
| 1997 Island Drive Llc | $615,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2023 01/24/23 | Sold | $1,700,000 | -10.5% | $230 / Sq Ft |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $1,900,000 | -- | $257 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $18,418 | $341,597 | $60,749 | $280,848 |
| 2023 | $17,231 | $319,578 | $56,833 | $262,745 |
| 2022 | $12,094 | $235,313 | $53,239 | $182,074 |
| 2021 | $11,337 | $222,413 | $50,320 | $172,093 |
| 2020 | $11,016 | $217,945 | $49,309 | $168,636 |
| 2019 | $9,804 | $205,609 | $46,518 | $159,091 |
| 2018 | $8,188 | $175,087 | $46,606 | $128,481 |
| 2017 | $7,896 | $168,758 | $44,921 | $123,837 |
| 2016 | $7,754 | $165,679 | $34,587 | $131,092 |
| 2015 | $3,926 | $117,642 | $33,443 | $84,199 |
| 2014 | $1,676 | $32,910 | $32,910 | $0 |
| 2013 | $1,694 | $33,530 | $33,530 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike McCatty
-
Julie VanDuyne
J
Buyer's Agent in 2023
Julie VanDuyne
Coldwell Banker Real Estate Group
(815) 325-9871
11 in this area
68 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11629657
APN: 06-28-201-004
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