NOT LISTED FOR SALE

1201 Willow Dr Colon, MI 49040

Estimated Value: $303,000 - $399,000

3 Beds
2 Baths
2,016 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $187,000 $93 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,014/month

161 Days on Market

Highlights

  • 73 Feet of Waterfront
  • Deck
  • Den
  • Property is near a lake
  • Recreation Room
  • 4-minute walk to Palmer Lake Beach

About This Home

As of January 2019

Escape to tranquility! Don't miss this 3 Bedroom 2 full Bath home with fantastic views of Palmer Lake. This all sports lake will capture the boating and fishing enthusiasts. The deck and walk out patio enhance the lake life living. 2 bedrooms and full bath are on main level. Family room, bedroom with walk out patio and full bath complete the lower. Priced to easily qualify for renovation loan. Only 2 hours from Chicago & 60 min from Lansing MI. This property could be a vacation rental investment opportunity! Purchase the house next door, 1181 Willow Dr, with this listing for a combined price of $375,000. SAVE $10,000!

Last Agent to Sell the Property

Mary Macyauski

EXP Realty License #6501398547 Listed on: 06/22/2018

EXP Realty

Last Buyer's Agent

NON Member WCAR Agent

NON Member WCAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 73 x102
  • 73 Feet of Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Property is near a lake
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,527

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 193.45
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 73 X102
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2016.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4527.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 73.0
  • Substructure:Walk Out: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk-Out Access
  • LivingArea: 2016.0
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 195000.0
  • Patio and Porch Features: Deck, Patio
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 73 X102
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4527.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jan 16, 2019
Sold by
Cronin Godfrey T and Cronin Theresa
Bought by
Shubeta Jennifer and Harris Brian C
Seller's Agent
Mary Macyauski
EXP Realty
Buyer's Agent
NON Member WCAR Agent
NON Member WCAR
List Price
$239,000
Sold Price
$187,000
Premium/Discount to List
-$52,000
-21.76%
Current Estimated Value
$341,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,753
Avg. Annual Appreciation
8.98%
Original Mortgage
$149,600
Outstanding Balance
$131,529
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$210,224

Purchase Details

Closed on
Sep 1, 2006
Sold by
Cronin Godfrey T and Cronin Theresa
Bought by
Cronin Godfrey T and Cronin Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,400
Interest Rate
6.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 4, 2002
Sold by
Reilly Robert and Valente Robert A
Bought by
Cronin Godfrey T

Purchase Details

Closed on
Mar 2, 1999
Sold by
Robbins
Bought by
Reilly and Valente
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shubeta Jennifer $187,000 Premier Lakeshore Title Agen
Cronin Godfrey T -- Meridian Title Corp
Cronin Godfrey T -- --
Reilly $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shubeta Jennifer $149,600
Previous Owner Cronin Godfrey T $149,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $187,000 -21.8% $93 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $239,000 -- $119 / Sq Ft
Source: MichRIC

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
2025 $2,926 $157,400 $57,800 $99,600
2024 $2,861 $145,800 $52,900 $92,900
2023 $5,134 $124,100 $45,700 $78,400
2022 $0 $107,400 $42,100 $65,300
2021 $0 $102,200 $42,100 $60,100
2020 $1,387 $102,200 $42,100 $60,100
2019 $820 $80,400 $28,900 $51,500
2018 $4,399 $81,900 $33,700 $48,200
2017 $4,209 $95,600 $95,600 $0
2016 -- $96,800 $96,800 $0
2015 -- $94,600 $0 $0
2014 -- $91,200 $91,200 $0
2012 -- $90,100 $90,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18028921

MichRIC

APN: 041-210-018-00