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For sale
    • Price cut: $10K (7/10)
    $365,000

    3927 Alva Thomas Rd, Panama City, FL 32404

    4beds
    2,259sqft
    : 
    $2,363/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    9,583 Square Feet Lot
    $360,300 Zestimate®
    $162/sqft
    $42/mo HOA

    What's special

    Large islandStorage shedExtra driveway parkingOpen-concept layoutSeparate primary wingSpacious kitchenScreened-in back porch
    Welcome to a beautifully maintained 4-bedroom, 2-bath home in the desirable Magnolia Hills community. This floor plan perfectly balances comfort and functionality with an open-concept layout and a separate primary wing. The spacious kitchen is the heart of the home, complete with a large island, ample cabinetry, and seamless flow into the living and dining areas - ideal for both entertaining and everyday living. The private primary suite offers a relaxing retreat, while three additional bedrooms provide excellent flexibility for guests, a home office, or dedicated hobby space. Step outside to enjoy the screened-in back porch overlooking the fully fenced backyard, perfect for pets, outdoor recreation, gardening, or gatherings. Additional highlights include solar panels (fully paid off at closing) for improved energy efficiency, a 2-car garage, extra driveway parking, and a storage shed. Conveniently located near Tyndall Air Force Base, shopping, dining, and local beaches, this move-in-ready home combines modern comfort with everyday practicality. Assumable 2.375% VA loan!
    91 days
    |
    323
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Pantalena 850-738-4881,

    Coldwell Banker Realty,

    Madison Maynard 470-330-0300,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 790045MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom, Screened Porch
      Primary bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 13.2 x 22.11
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 10.7 x 11.7
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 10.7 x 11.7
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 13.6 x 14.4
      Dining room
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 13.8 x 10.2
      Kitchen
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 13.8 x 13.6
      Living room
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 18.4 x 22.2
      Screened porch
      • Description: Buyer to verify
      • Level: First
      • Dimensions: 17.1 x 6.9
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range, Ice Maker
      Features
      • Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,259
      • Total interior livable area: 2,259 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Patio & porch: Porch, Screened
      • Exterior features: Porch
      • Fencing: Fenced
      Lot
      • Size: 9,583 Square Feet
      • Dimensions: 73 x 139
      • Features: Paved
      Details
      • Additional structures: Shed(s)
      • Parcel number: 11916650050

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Playground
      • Subdivision: Magnolia Hills
      HOA
      • Has HOA: Yes
      • Services included: Playground
      • HOA fee: $500 annually
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $162/sqft
      • Tax assessed value: $272,002
      • Annual tax amount: $40
      • Date on market: 5/19/2026
      • Cumulative days on market: 61 days

        Estimated market value

        $360,300

        $342,000 - $378,000

        $2,610/mo

        Price history

        DateEventPrice
        7/10/2026Price change$365,000-2.7%$162/sqft
        Source: ECAOR #1003675 Report a problem
        5/19/2026Listed for sale$375,000-5.1%$166/sqft
        Source: CPAR #790045 Report a problem
        5/7/2026Listing removed$395,000$175/sqft
        Source: Forgotten Coast Realtor Association #326283 Report a problem
        2/6/2026Listed for sale$395,000+42.4%$175/sqft
        Source: Forgotten Coast Realtor Association #326283 Report a problem
        1/29/2020Sold$277,400$123/sqft
        Source: CPAR #689709 Report a problem
        1/16/2020Pending sale$277,400$123/sqft
        Source: D.R. Horton - Panama City Report a problem
        12/31/2019Listed for sale$277,400$123/sqft
        Source: D.R. Horton - Panama City Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$40 -98.9%$272,002 -1%
        2023$3,482 +19.1%$274,724 +10%
        2022$2,924 $249,749
        2021-- --
        2020$487 +11.1%$40,220 +10%
        2019$439 $36,564 +35.5%
        2018$439 $26,985
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Cedar Grove

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cedar Grove
        • Middle: Merritt Brown
        • High: Bay

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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