NOT LISTED FOR SALE

Estimated Value: $110,000

3 Beds
2 Baths
1,682 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 18, 2016

Last sale price $18,000 $11 Per Sq Ft

Est. 511% increase in value since last sale

Current estimated payment $694/month

222 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • High Speed Internet
  • No HOA
  • Central Heating and Cooling System

About This Home

As of January 2016

This home is located at 505 S Panama St, Montgomery, AL 36107 since 20 May 2015 and is currently priced at $110,000, approximately $65 per square foot. This property was built in 1945. 505 S Panama St is a home located in Montgomery County with nearby schools including Highland Avenue Elementary School, Capitol Heights Jr High School, and Dr. Percy L. Julian High School.

Last Agent to Sell the Property

Julie Dettwiler

KW Montgomery Listed on: 05/20/2015

KW Montgomery

Last Buyer's Agent

Julie Dettwiler

KW Montgomery Listed on: 05/20/2015

KW Montgomery

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1945

Lot Details

  • 7,492

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Highland Avenue Elementary School
  • Capitol Heights Middle School
  • Lee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10 02 09 3 012 017.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Design: 2 Story
  • Total Sq Ft: 1682
  • Year Built: 1945
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: 1
  • Flooring: Carpet - Wall to Wall, Wood
  • Interior Amenities: Blinds/Mini Blinds, Dryer Connection, Washer Connection
  • Kitchen Feature: Range Electric
  • Room Count: 8

Exterior Features

  • Construction: Brick
  • Exterior Feature: Balcony
  • Flood: Unknown
  • Foundation: Conventional
  • Pool: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Gas
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Utilities: Cable TV Access Available, Electric Power, High Speed Internet Access Avail, Natural Gas
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Elementary School: Highland Avenue Elementary School
  • Middle School: Capitol Heights Middle School
  • High School: Lee High School

Lot Info

  • Parcel Number: 10 02 09 3 012 017.000

Rental Info

  • Leased: No

MLS Schools

  • School Elementary: Highland Avenue Elementary School
  • School High: Lee High School
  • School Middle: Capitol Heights Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Jan 15, 2016
Sold by
Pouncey Warren Craig
Bought by
Affordable Real Estate Llc
Seller's Agent
Julie Dettwiler
KW Montgomery
Buyer's Agent
Julie Dettwiler
KW Montgomery
List Price
$30,000
Sold Price
$18,000
Premium/Discount to List
-$12,000
-40%
Current Estimated Value
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,000
Avg. Annual Appreciation
20.71%

Purchase Details

Closed on
Jul 21, 2010
Sold by
Pouncey Clarence C
Bought by
Pouncey Warren Craig

Purchase Details

Closed on
Jun 14, 1999
Sold by
George Payne and George Kathy W
Bought by
Pouncey Clarence C
Source: Public Records

Range of Values:

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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
Affordable Real Estate Llc $18,000 None Available
Pouncey Warren Craig -- None Available
Pouncey Clarence C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Affordable Real Estate Group Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2016 01/18/16 Sold $18,000 -40.0% $11 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $30,000 -- $18 / Sq Ft
Source: Montgomery Area Association of REALTORS®

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
2024 $1,091 $22,320 $1,600 $20,720
2023 $1,091 $21,220 $1,600 $19,620
2022 $722 $19,780 $1,600 $18,180
2021 $612 $16,760 $1,600 $15,160
2020 $612 $16,760 $1,600 $15,160
2019 $483 $13,220 $1,600 $11,620
2018 $474 $12,980 $0 $0
2017 $517 $14,160 $2,500 $11,660
2014 $492 $6,744 $1,250 $5,494
2013 -- $12,440 $2,500 $9,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 317987

Montgomery Area Association of REALTORS®

APN: 10-02-09-3-012-017.000