NOT LISTED FOR SALE

523 Willow Dr Colon, MI 49040

Estimated Value: $187,000 - $264,000

3 Beds
1 Bath
900 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $135,000 $150 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,216/month

14 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Bungalow
  • Replacement Windows
  • 1-Story Property

About This Home

As of December 2020

''Million dollar view of Palmer Lake from your front deck!'' Cute bungalow in move-in Condition! Watch the 4th of July fireworks from your deck. Home has 4 yrs old roof, 4 yrs old furnace (natural gas), new Central Air less than 3 yrs. New paint & carpet less than 3 yrs, carpets will be cleaned prior to Closing by Owner. Stove & refrigerator are under yrs old and are negotiable. Public Lake access to Palmer Lake a 2 min. walk away.

Last Agent to Sell the Property

Gail Mahnke

Coldwell Banker Morehart Realty License #6501131675 Listed on: 10/28/2020

Coldwell Banker Morehart Realty

Last Buyer's Agent

Gail Mahnke

Vista Asset Management, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 181.49 x 87.50 x 127.22
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 154.33
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 181.49 x 87.50 x 127.22
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1139.79
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • General Property Info Garage YN: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 900.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 138900.0
  • Lot Features: Level
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Electricity Available, Cable Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 181.49 x 87.50 x 127.22
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1139.79
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 1, 2020
Sold by
Shapley Bette D
Bought by
Wayne L Casey & Katherine A Casey Liv Tr
Seller's Agent
Gail Mahnke
Coldwell Banker Morehart Realty
Buyer's Agent
Gail Mahnke
Coldwell Banker Morehart Realty
List Price
$142,900
Sold Price
$135,000
Premium/Discount to List
-$7,900
-5.53%
Current Estimated Value
$209,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,638
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Jul 10, 2017
Closed on
Oct 2, 2017
Sold by
Shapley Bette D
Bought by
Shapley Bradley M
Seller's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$74,000
Sold Price
$70,000
Premium/Discount to List
-$4,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.32%
Original Mortgage
$40,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 30, 2017
Sold by
Hostetler Sheila A and Hostetler John
Bought by
Shapley Bette
Seller's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$74,000
Sold Price
$70,000
Premium/Discount to List
-$4,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Federal National Mortgage Associati
Bought by
Hostetler John and Hostetler Sheila A

Purchase Details

Closed on
Dec 27, 2002
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Associati

Purchase Details

Closed on
Apr 18, 2002
Sold by
Underwood James and Underwood Christine
Bought by
Indymac Bank

Purchase Details

Closed on
Apr 3, 1998

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wayne L Casey & Katherine A Casey Liv Tr $135,000 None Available
Shapley Bradley M -- Attorney
Shapley Bette $70,000 Dba Title Resource Agency
Hostetler John $48,000 --
Federal National Mortgage Associati -- --
Indymac Bank $82,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shapley Bette $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $135,000 -5.5% $150 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $142,900 +104.1% $159 / Sq Ft
08/30/2017 08/30/17 Sold $70,000 -5.4% $78 / Sq Ft View Prior Sale
07/28/2017 07/28/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $74,000 -- $82 / 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 $1,434 $75,300 $12,600 $62,700
2024 $1,234 $64,700 $6,500 $58,200
2023 $2,214 $59,600 $6,500 $53,100
2022 $0 $41,700 $6,500 $35,200
2021 $0 $39,100 $6,500 $32,600
2020 $419 $41,000 $5,200 $35,800
2019 $321 $34,200 $5,200 $29,000
2018 $1,147 $29,600 $5,200 $24,400
2017 $1,428 $30,200 $30,200 $0
2016 -- $29,200 $29,200 $0
2015 -- $28,200 $0 $0
2014 -- $28,800 $28,800 $0
2012 -- $23,500 $23,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20045266

MichRIC

APN: 041-190-015-00