NOT LISTED FOR SALE

2245 Island Dr Morris, IL 60450

Estimated Value: $783,000 - $910,000

4 Beds
4 Baths
2,976 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $647,500 $218 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,284/month

131 Days on Market

Highlights

  • Waterfront
  • 5.06 Acre Lot
  • Fireplace in Primary Bedroom
  • Coal City Intermediate School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of August 2019

An hour from Chicago and 15 minutes to shopping and dining in nostalgic downtown Morris, enjoy over 900 feet of private lakefront right outside your back door in the highly desirable, private community surrounding Lincoln Lake. With over 14 miles of shoreline, it is one of the cleanest lakes in the Midwest, and it is both a quiet retreat and an entertainment paradise for skiing, boating, fishing, kayaking, swimming and more. Located on fully-landscaped 5 acres, this 4 bedroom, 4 bath home features a gourmet kitchen, 3 fireplaces, vaulted ceilings, custom closets and walk-in pantry, and lake views everywhere. The 7 car, 3200 sq. ft. garage space will support all your hobbies and toys, and 50% is heated and air-conditioned for year-round use. The homeowners association provides a community calendar of activities, bar and meeting hall, community and lake maintenance, water safety patrol, fish stocking and more. Call today for a private tour.

Last Agent to Sell the Property

Lori Bonarek

Lori Bonarek Realty License #471022278 Listed on: 02/11/2019

Co-Listed By

Jennifer Phillips

Lori Bonarek Realty License #475164856

Last Buyer's Agent

Lori Bonarek

Lori Bonarek Realty License #471022278 Listed on: 02/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,789

Year Built

  • Built in 1978 | Remodeled in 2019

Lot Details

  • 5.06 Acre Lot
  • Lot Dimensions are 912x109x479x167x200x167x213x109
  • Waterfront
  • Paved or Partially Paved Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 7 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Asphalt Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Association fees include lake rights
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,789

Year Built

Built in 1978 | Remodeled in 2019

Lot Details

5.06 Acres

HOA Fees

$13 per month

Parking

7

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Partial
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 4
  • Interior Amenities: Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2976
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 7
  • Parking Features: Driveway
  • ParkingTotal: 17
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 13
  • Association Fee Frequency: Monthly
  • Community Features: Lake, Street Paved
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Lake Rights

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.06
  • Lot Dimensions: 912X109X479X167X200X167X213X109
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7789.04
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Aug 19, 2019
Sold by
Rosendale Eugene and Rosendale Teresa
Bought by
Lardi James E and Lardi Renee A
Seller's Agent
Lori Bonarek
Lori Bonarek Realty
Buyer's Agent
Lori Bonarek
Lori Bonarek Realty
List Price
$740,000
Sold Price
$647,500
Premium/Discount to List
-$92,500
-12.5%
Current Estimated Value
$839,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,269
Avg. Annual Appreciation
4.08%
Original Mortgage
$175,000
Outstanding Balance
$153,268
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$686,501
Source: Public Records
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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
Lardi James E $647,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lardi James E $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $647,500 -4.1% $218 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $675,000 -6.3% $227 / Sq Ft
05/20/2019 05/20/19 Price Changed $720,000 -2.0% $242 / Sq Ft
05/03/2019 05/03/19 Price Changed $735,000 -0.7% $247 / Sq Ft
02/11/2019 02/11/19 For Sale $740,000 -- $249 / 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 $11,345 $210,411 $58,719 $151,692
2023 $10,302 $191,073 $54,934 $136,139
2022 $9,327 $178,991 $51,460 $127,531
2021 $8,730 $169,179 $48,639 $120,540
2020 $8,575 $165,781 $47,662 $118,119
2019 $8,013 $156,397 $44,964 $111,433
2018 $8,046 $156,840 $45,049 $111,791
2017 $7,789 $151,171 $43,421 $107,750
2016 $7,651 $150,075 $38,940 $111,135
2015 $7,108 $145,112 $37,652 $107,460
2014 $6,926 $142,799 $37,052 $105,747
2013 $7,007 $145,490 $37,750 $107,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10270881

Midwest Real Estate Data (MRED)

APN: 06-21-327-004

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