NOT LISTED FOR SALE

24949 Panama Ave Warren, MI 48091

Southwest Warren Neighborhood

Estimated Value: $223,747 - $252,000

3 Beds
1.5 Baths
1,536 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $61,000 $40 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,494/month

Highlights

  • No HOA
  • Porch
  • Gas Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

Beautiful 3 bed 1.1 bath Tri-level in desirable subdivision just minutes away from GM Tech center and shopping.You won't believe the space this house has to offer. Huge living room with a fireplace for the cozy winter coming up, and the backyard cannot be missed. Large, and I mean BIG backyard with lots of family fun waiting to happen! summer time BBQ. nice size kitchen, 2 car detached garage with a nice clean driveway. 1 or 2+ year lease, no pets. No Section 8. Monthly income must be at least 3x times the rental amount. $2250.00 security deposit, plus first month rent.

Last Agent to Rent the Property

Zakir Hussain

NPG Real Estate License #6501406685 Listed on: 10/14/2018

Co-Listed By

Wadud Abdul

Amin Realty License #6501406683

Last Renter's Agent

Zakir Hussain

NPG Real Estate License #6501406685 Listed on: 10/14/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55.00x133.00

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Develyn Subdivision

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Negotiable Lease Term
  • Assessor Parcel Number 1329205026

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 2250.00

Listing Details

  • Property Type: Residential
  • Architecture Level: Tri-Level
  • Year Built: 1957
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1536

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes
  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 40.00

Lot Info

  • List Price per Acre: 8235.2941
  • Lot Size Area: 0.17
  • Lot Dimensions: 55.00X133.00
  • Parcel Number: 1329205026

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, Negotiable

MLS Schools

  • School District: Center Line

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2014
Sold by
Mvdw Llc
Bought by
Alom Shah M
Current Estimated Value
$240,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Outstanding Balance
$74,294
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$164,143

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 29, 2014
Sold by
Wilcox Dave and Wilcox Susan
Bought by
Mvdw Llc
Seller's Agent
Raymond Rech
Rech Realty Company
Buyer's Agent
Melissa Gilmore
Rech Realty Company
List Price
$74,900
Sold Price
$61,000
Premium/Discount to List
-$13,900
-18.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 21, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wilcox Dave
Seller's Agent
Raymond Rech
Rech Realty Company
Buyer's Agent
Melissa Gilmore
Rech Realty Company
List Price
$74,900
Sold Price
$61,000
Premium/Discount to List
-$13,900
-18.56%

Purchase Details

Closed on
Jan 11, 2013
Sold by
Scheel David L
Bought by
Federal Home Loan Mortgage Corporation
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alom Shah M $100,000 Homeowners Title Agency
Mvdw Llc -- None Available
Wilcox Dave $61,000 None Available
Federal Home Loan Mortgage Corporation $54,624 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alom Shah M $98,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2018 11/27/18 Rented $1,400 0.0% --
11/01/2018 11/01/18 Price Changed $1,400 -3.4% $1 / Sq Ft
10/23/2018 10/23/18 Price Changed $1,450 -3.3% $1 / Sq Ft
10/14/2018 10/14/18 For Rent $1,500 0.0% --
05/22/2014 05/22/14 Sold $61,000 -18.6% $43 / Sq Ft View Prior Sale
05/07/2014 05/07/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $74,900 -- $52 / Sq Ft
Source: Realcomp

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 $2,635 $108,140 $0 $0
2024 $26 $99,790 $0 $0
2023 $2,509 $91,340 $0 $0
2022 $2,424 $80,130 $0 $0
2021 $2,575 $74,560 $0 $0
2020 $2,492 $64,580 $0 $0
2019 $2,405 $58,260 $0 $0
2018 $2,365 $49,290 $0 $0
2017 $2,163 $48,150 $3,890 $44,260
2016 $2,145 $48,150 $0 $0
2015 -- $33,620 $0 $0
2012 -- $31,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Landlord's Agent in 2018

    Zakir Hussain

    NPG Real Estate

    (833) 264-6832

    9 in this area

    108 Total Sales

    Zakir Hussain
    Section Image

  • W

    Landlord's Co-Listing Agent in 2018

    Wadud Abdul

    Amin Realty

  • R

    Seller's Agent in 2014

    Raymond Rech

    Rech Realty Company

  • M

    Buyer's Agent in 2014

    Melissa Gilmore

    Rech Realty Company

See All Agents

Map

Source: Realcomp

MLS Number: 218100602

Realcomp

APN: 12-13-29-205-026

Michigan Macomb County Warren 48091 Southwest Warren

24949 Panama Ave, Warren, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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