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Backup Offers

216 N Panama St, Montgomery, AL, 36107

$114,000

Home List Price

$1,354*

Closing Credit

3 Bedrooms
2 Full Baths
1,373 SqFt
$83/SqFt
House
Schools Nearby

Location

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216 N Panama St, Montgomery$114,000

Buyer Closing Credits

$1,354*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport
Year Built1930
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric
FireplaceMultiple
MLS #556522
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 216 N Panama St

This charming 3 bedroom 2 bath home in the historical Capitol Heights has endless possibilities. Great for a starter home or investment property. This recently remodeled home is currently being used as an AirB&B and can be rented as 2 separate units. Don’t miss out on this amazing investment!!!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,373 SqFt

Listing Office:

  • Office Name: Brick & Board RE Advisors
  • Office Phone: (334) 679-3789
  • Listing Agent: Brittany Moon

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Wood
  • Interior: Window Treatments
  • Fireplace: Multiple

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch, Storage

Parking Information:

  • Parking: Detached Carport

Lot Features

Lot Information:

  • Lot: City Lot, Trees
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Capitol Heights Jr High School, Public District Grades 6-8
  • Morningview Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-85 get off at Ann St. Go towards Atlanta Highway. At Atlanta Highway turn left. Turn right on Panama

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,000
  • Price Per SqFt: $83/SqFt

Tax Information:

  • Annual Amount: $535
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montgomery, AL.

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Montgomery, AL

City

Med. Sold Price

$174.4K

Med. Price/SqFt

$100

Avg. Days On Market

80

# of Sold Homes

186

216 N Panama St vs Montgomery

15 DAYS ON ROCKET

-65 Days

$114,000

-$60.4K Less

$83/SqFt

-$17 Less

KEY TAKEAWAY

This property is $60.4K less than the Median Sold Price and $17/SqFt less than other homes in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #556522

Listing Office:

  • Office Name: Brick & Board RE Advisors
  • Office Phone: (334) 679-3789
  • Listing Agent: Brittany Moon

IDX Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2019Home Sold
$50,000
Nov 21, 2013Home Sold
$22,500

Tax History

YEARPROP. TAXASSESSMENT
2020$535$15,000
2019$555$15,220
2018$503$13,780
2017$525$14,380

History based on county public records data.

Payment Calculator

$636

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$408

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3120030
1
/10

  • Morningview Elementary School

  • 2849 Pelzer Ave

  • 0.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3120031
2
/10

  • Capitol Heights Jr High School

  • 116 Federal Dr

  • 0.17 miles

  • Public District Grades 6-8

High School

school-card-donut-3120032
1
/10

  • Lee High School

  • 225 Ann St

  • 0.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,500. Most Montgomery, AL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 216 N Panama St

What is the listing price of this property?

The listing price of 216 N Panama St property is $114,000.

What type of property is this?

The property 216 N Panama St is a house located in Montgomery, Alabama, 36107.

Is this property for sale now?

Accepting Backup Offers: 216 N Panama St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 216 N Panama St are:
Morningview Elementary School: GreatSchools Rating 1/10
Capitol Heights Jr High School: GreatSchools Rating 2/10
Lee High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $535 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2019 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 216 N Panama St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 216 N Panama St is 1,373 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 216 N Panama St is 1930.

Rocket Homes›Alabama›Montgomery County›Montgomery›36107›216 N Panama St

This home is located at 216 N Panama St in Montgomery, AL and zip code 36107 in the Capitol Heights neighborhood. This 1,373 square foot home, which was built in 1930, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $114,000.

While more than 29 listings in Montgomery, AL in April 2024 were sold above asking price, there were more than 54 listings sold at asking price, and more than 103 were sold below. The number of homes for sale in Montgomery, AL increased by 5.9% between March 2024 and April 2024. In April 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $174,493.

From Rocket Homes Real Estate and based on county public records data.

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