NOT LISTED FOR SALE

541 Willow Dr Colon, MI 49040

Estimated Value: $398,000 - $463,000

3 Beds
1.5 Baths
2,701 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $265,000 $98 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,470/month

88 Days on Market

Highlights

  • 82 Feet of Waterfront
  • Cape Cod Architecture
  • Hilly Lot
  • Docks
  • Deck
  • Recreation Room

About This Home

As of June 2018

Welcome to one of the best spots on all-sports 444 acre Palmer Lake. This home gives a magnificent 180 view of the lake where you have the privilege of seeing both sunrises & sunsets. Entertaining is both fun & easy in this open and spacious design with hardwood floors throughout, updated kitchen which boasts 2 pantries, a large center island and a view of the lake.
The outdoor entertainment area is just off the kitchen and is accessed by a sliding door. The deck is perfect for barbecuing, watching lake activity and family gatherings.
The most recent updates include: roof, bathroom, laundry room, windows and lower level recreation room. The wood burning fireplace offers comfort on chilly nights while the sun room is a perfect area to relax and plan your day's activities.
Come and experience resort living at the convenience of your own home! Five minutes to downtown and 2.5 hours from Chicago make this a great choice as a full time residence or a year around week-end get away. Come and view this Must See Home.
All measurements are approximate and should be verified by potential buyer.

Last Agent to Sell the Property

Karin Malesh

Berkshire Hathaway HomeServices Michigan Real Estate License #6501356701 Listed on: 02/19/2018

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Kimmie Rivers

Berkshire Hathaway HomeServices Michigan Real Estate License #6501380960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 108x82x110x88.1
  • 82 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Low Emissivity Windows
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Grab Bar In Bathroom
  • Halls are 36 inches wide or more

Outdoor Features

  • Water Access
  • Property is near a lake
  • Docks
  • Deck
  • Shed
  • Storage Shed

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,095

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1967
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 144.76
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 108x82x110x88.1
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2701.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3095.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 82.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 2176.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36' or Hallway: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Cape Cod: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: 36' or + Hallway, Grab Bar Mn Flr Bath
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2701.0
  • Window Features: Low-Emissivity Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 525.0
  • Basement Rooms:Total Basement SQFT: 1100.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Accessibility Feat:Grab Bar Mn Flr Bath: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 525.0

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 315000.0
  • Lot Features: Rolling Hills
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 108x82x110x88.1
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3095.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Grilliot Timothy R and Grilliot Tracy M
Bought by
Grilliot Timothy R and Grilliot Tracy M
Current Estimated Value
$420,394

Purchase Details

Listed on
Feb 19, 2018
Closed on
Jun 15, 2018
Sold by
Hosteler Sheila A and The Sheila A Hosteler Trust
Bought by
Grillot Timothy R and Grillot Tracy M
Seller's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Kimmie Rivers
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$315,000
Sold Price
$265,000
Premium/Discount to List
-$50,000
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Sep 1, 2016
Sold by
Hestetler Sheila A and Hostetler John L
Bought by
Sheila A Hostetler Trust

Purchase Details

Closed on
Dec 14, 1999
Sold by
Hostetler John L
Bought by
Hostetler John L and Hostetler Sheila A
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Grilliot Timothy R -- None Available
Grillot Timothy R $265,000 None Available
Sheila A Hostetler Trust -- Attorney
Hostetler John L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $265,000 -15.9% $98 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $315,000 -- $117 / 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 $3,263 $205,800 $39,000 $166,800
2024 $3,190 $182,800 $27,500 $155,300
2023 $5,725 $158,500 $27,500 $131,000
2022 $0 $136,700 $27,500 $109,200
2021 $2,038 $127,900 $27,500 $100,400
2020 $1,525 $127,800 $27,500 $100,300
2019 $1,168 $110,300 $27,500 $82,800
2018 $0 $93,500 $27,500 $66,000
2017 -- $94,000 $94,000 $0
2016 -- $95,700 $95,700 $0
2015 -- $92,700 $0 $0
2014 -- $88,200 $88,200 $0
2012 -- $92,900 $92,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18005799

MichRIC

APN: 041-190-018-00