Assumable 2.375% VA loan! 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. Don't miss your opportunity to make this Panama City property yours!
For sale
$375,000
3927 Alva Thomas Rd, Panama City, FL 32404
4beds
2,259sqft
Single Family Residence
Built in 2020
9,583 Square Feet Lot
$367,900 Zestimate®
$166/sqft
$-- HOA
What's special
Large islandStorage shedExtra driveway parkingOpen-concept layoutSeparate primary wingSpacious kitchenScreened-in back porch
- 45 days |
- 296 |
- 20 |
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#: 790045
Originating MLS: Central Panhandle Association of REALTORS
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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
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $272,002
- Annual tax amount: $40
- Date on market: 5/19/2026
- Cumulative days on market: 33 days
Estimated market value
$367,900
$350,000 - $386,000
$2,480/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $375,000-5.1%$166/sqft |
Source: | ||
| 5/7/2026 | Listing removed | $395,000$175/sqft |
Source: | ||
| 2/6/2026 | Listed for sale | $395,000+42.4%$175/sqft |
Source: | ||
| 1/29/2020 | Sold | $277,400$123/sqft |
Source: | ||
| 1/16/2020 | Pending sale | $277,400$123/sqft |
Source: D.R. Horton - Panama City Report a problem | ||
| 12/31/2019 | Listed for sale | $277,400$123/sqft |
Source: D.R. Horton - Panama City Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $26,985 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cedar Grove
Nearby schools
GreatSchools rating
- 4/10Cedar Grove Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 3.1 mi
- 4/10Bay High SchoolGrades: 9-12Distance: 4.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City
- 32404
- Cedar Grove
- 3927 Alva Thomas Rd





