Welcome to this well-maintained and income-generating gem in Warren, MI! This property is perfect for investors looking for a reliable and hassle-free investment opportunity. Currently leased at $1500 per month through the Section 8 program, this home offers stability and peace of mind with a subsidized tenant in place. It's also easy to rent with both a basement and garage.
This property is in excellent condition, having recently passed both Section 8 inspection and rental certification. Enjoy the benefits of a 2023 partial remodel, including new floors/paint throughout. The furnace comes with a 5-year warranty as well.
Open house on Tuesday, Aug 6th at 2pm.
Sold
$124,500
21434 Panama St, Warren, MI 48091
3beds
924sqft
Single Family Residence
Built in 1944
3,920.4 Square Feet Lot
$116,300 Zestimate®
$135/sqft
$1,462 Estimated rent
Home value
$116,300
$97,000 - $134,000
$1,462/mo
Zestimate® history
Owner options
List your home for rent
$1,462/mo
Rent Zestimate®
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$1,462/mo
Rent Zestimate®
Refinance and save
$663/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$663/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nikhil Agarwal 217-766-4628,
Worth Clark Realty
Bought with:
Joseph Hammel
Source: MichRIC,MLS#: 24039637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 90
- Dimensions: 10.00 x 9.00
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10.00 x 10.00
Bedroom 3
- Level: Upper
- Area: 80
- Dimensions: 10.00 x 8.00
Bathroom 1
- Level: Main
- Area: 35
- Dimensions: 7.00 x 5.00
Kitchen
- Level: Main
- Area: 140
- Dimensions: 14.00 x 10.00
Living room
- Level: Main
- Area: 168
- Dimensions: 14.00 x 12.00
Heating
- Forced Air
Appliances
- Laundry: In Basement, In Unit
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 924
- Total interior livable area: 924 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Front
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 3,920 sqft
- Dimensions: 39 x 105
Details
- Parcel number: 121332426021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Warren
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listing removed | $1,475$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/17/2026 | Listed for rent | $1,475$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2026 | Listing removed | $1,475$2/sqft |
Source: Realcomp II #20261026805 Report a problem | ||
| 4/30/2026 | Price change | $1,475-1.7%$2/sqft |
Source: Realcomp II #20261026805 Report a problem | ||
| 4/21/2026 | Listed for rent | $1,500+3.4%$2/sqft |
Source: Realcomp II #20261026805 Report a problem | ||
| 4/20/2026 | Listing removed | $1,450$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2025 | Listed for rent | $1,450-3.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/22/2025 | Listing removed | $110,000$119/sqft |
Source:  Realcomp II #20251024204 Report a problem | ||
| 8/18/2025 | Listed for sale | $110,000-11.6%$119/sqft |
Source: Realcomp II #20251024204 Report a problem | ||
| 8/30/2024 | Sold | $124,500-4.2%$135/sqft |
Source:  MichRIC #24039637 Report a problem | ||
| 8/16/2024 | Pending sale | $130,000$141/sqft |
Source: MichRIC #24039637 Report a problem | ||
| 8/1/2024 | Listed for sale | $130,000+52.9%$141/sqft |
Source: MichRIC #24039637 Report a problem | ||
| 5/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/5/2023 | Listed for rent | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/21/2023 | Listed for rent | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/9/2023 | Sold | $85,000-14.9%$92/sqft |
Source: Public Record Report a problem | ||
| 1/18/2023 | Pending sale | $99,900$108/sqft |
Source:  MiRealSource #50095405 Report a problem | ||
| 1/5/2023 | Price change | $99,900-9.1%$108/sqft |
Source: MiRealSource #50095405 Report a problem | ||
| 11/8/2022 | Listed for sale | $109,900+144.2%$119/sqft |
Source: MiRealSource #50095405 Report a problem | ||
| 6/12/2018 | Sold | $45,000-18%$49/sqft |
Source: Public Record Report a problem | ||
| 5/22/2018 | Pending sale | $54,900$59/sqft |
Source: Express Realty, Inc. #31346608 Report a problem | ||
| 5/8/2018 | Price change | $54,900-15.4%$59/sqft |
Source: Express Realty, Inc. #31346608 Report a problem | ||
| 5/5/2018 | Listed for sale | $64,900$70/sqft |
Source: Express Realty, Inc. #31346608 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,199 +161.6% | $48,480 +11.8% |
| 2024 | $1,223 +9% | $43,360 +41.4% |
| 2023 | $1,122 -3.8% | $30,670 +16.3% |
| 2022 | $1,166 -22% | $26,380 +6.2% |
| 2021 | $1,495 | $24,830 +7.9% |
| 2020 | $1,495 +7% | $23,020 +18.7% |
| 2019 | $1,397 | $19,400 |
| 2018 | -- | -- |
| 2017 | -- | $14,850 |
| 2016 | -- | $14,850 +7.9% |
| 2015 | $1,391 | $13,760 +7.2% |
| 2013 | $1,391 | $12,840 |
| 2010 | -- | -- |
| 2009 | -- | $26,670 -13.9% |
| 2008 | -- | $30,970 -6% |
| 2007 | -- | $32,950 +7.4% |
| 2006 | -- | $30,690 +3.4% |
| 2005 | -- | $29,670 +3.8% |
| 2004 | -- | $28,580 +74.1% |
| 2001 | $640 +3.4% | $16,420 +3.1% |
| 2000 | $620 | $15,920 |
Find assessor info on the county website
Neighborhood: 48091
Nearby schools
GreatSchools rating
- 3/10Mound Park Elementary SchoolGrades: 4-5Distance: 0.2 mi
- 4/10P.D. Chatterton Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Fitzgerald Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$116,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$116,300
- Michigan
- Macomb County
- Warren
- 48091
- 21434 Panama St
Nearby cities
Nearby zip codes
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