See Home Value
$66,981*
House - Off Market

601 S Panama Street

Montgomery, AL 36107
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1088 Sqft
$60,000 - $70,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Apr 25, 2023
$214,885
$156,800 by Mortgage Calculator Company Ll
Mortgage
Sold Apr 17, 2023
$214,885
$156,800 by Mortgage Calculator Company Ll
Mortgage

About This Property

Invest in REAL ESTATE and EARN RETURNS in Tenant Occupied Properties!!! Purchase this property and begin earning $650 per month with this awesome investment!!! Property is professionally managed and management company would be pleased to retain management agreement with its new owner! Of these 9 properties collectively! The 9 addresses are: 1624 Crouson St @ $795/mo, 2504 Elsmeade Dr @ $695/mo, 3031 LaRhoda St @ $695/mo, 1611 Lyndle Rd @ $675/mo, 320 N Capitol Pkwy - at $750/mo, 601 S Panama St @ $650/mo, 1750 Yarbrough St @ $700/mo, and 1746 Yarbrough St @ $650/mo, 117 Bradley Dr @ $650/mo. Purchase ONE, A FEW, OR ALL of these 9 investment properties and START or CONTINUE TO BUILD your portfolio and watch the money hit your mailbox every month!!!

The manager has listed the unit size as 1088 square feet.
Unit Size
1,088Ft²
Days on Market
-
Land Size
-
Price per sqft
$60
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold $214,885
Sold
Mar 7, 2023 No longer available -
No longer available
Feb 2, 2023 Relisted $65,000
Relisted
Dec 24, 2022 No longer available -
No longer available
May 14, 2022 Relisted $65,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: E
  • Construction Type: Wood
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,172
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 549
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST POINT
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OVERLAND HOLDING COMPANY LLC
  • Previous Owner : SINGER RYAN S
  • Owner Before Previous Owner: UNKNOWN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County School District
  • School Tax School District: 2
  • Census Tract: 001600

Zoning

  • Zoning: R-60-S

Geography

  • Assessors Map Reference: MAP 3 PG 45
  • Account Number: 245323
  • District: 2
  • Parcel: 10-05-16-2-005-007.000
  • Block: 1
  • Lot: 7
  • Meridian: SEC 16 TWN 16N RNG 18E
  • Municipality: MONTGOMERY CITY
  • Latitude: 32.3735
  • Longitude: -86.2742

    Address

  • Full Address: 601 S Panama St
  • Address - House Number: 601
  • Street Direction: S
  • Address - Street Name: Panama
  • Address - Suffix Type: St
  • State: AL
  • City Name: Montgomery
  • Carrier Code: C038
  • 4-Digit Zip Code: 2425
  • Zip Code: 36107

Valuation

    Tax

  • Total Area: 1,151
  • Tax Year: 2023
  • Tax Amount: $382

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 84
  • Final Value: 59,617
  • High Value: 67,517
  • Low Value: 51,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,800
  • First Open Lien Mortgage Lender: MORTGAGE CALCULATOR COMPANY LL
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $156,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $38,800
  • Market Land Value: $8,000
  • Market Improvement Value: $30,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,760
  • Assessed Land Value: $1,600
  • Assessed Improvements Value: $6,160

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Transaction ID: 11912041715
  • Current Sale Price: $214,885
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 4626709
  • Previous Sale Recording Date: Apr 17, 2023
  • Previous Sale Contract Date: Apr 13, 2023
  • Previous Sale Amount: $214,885
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE CALCULATOR COMPANY LL
  • Previous Mortgage Transaction Date: Apr 17, 2023
  • Previous Mortgage Loan Amount: $156,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
2 Beds
1 Bath
1,332 ft²
$56/ft²
$75,000 Feb 1, 2024
-
-
House
2 Beds
1 Bath
728 ft²
$76/ft²
$55,000 Jan 19, 2024
-
-
House
3 Beds
1 Bath
800 ft²
$69/ft²
$55,000 Jan 19, 2024
-
$68/mo

About Highland Park


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Frequently Asked Questions

When was property at 601 South Panama Street built and last sold?
The property at 601 South Panama Street was built in 1927 and last sold on Apr 13, 2023 for $214,885.
How much is this home worth?
The estimated value of the home located at 601 South Panama Street is $63,666.
What are some comparable homes to 601 South Panama Street?
There are currently no comparable homes to 601 South Panama Street.

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