Skip main navigation
Pending
  • Price cut: $22K (6/30)
    $400,000

    3953 Alva Thomas Rd, Panama City, FL 32404

    4beds
    2,251sqft
    : 
    $2,589/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    8,712 Square Feet Lot
    $394,500 Zestimate®
    $178/sqft
    $46/mo HOA

    What's special

    Brand-new water heaterBeautiful custom cabinetryNew irrigation wellOpen-concept designSpacious functional layoutMaintaining curb appeal year-roundRecently serviced hvac system
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 3953 Alva Thomas Drive in the highly desirable Magnolia Hills community of Panama City, Florida! This popular Denton floor plan offers 4 bedrooms, 2 bathrooms, and a spacious, functional layout designed for comfortable everyday living. What truly sets this home apart is its extensive post-Hurricane Michael renovation. Unlike many homes in the neighborhood, this property features beautiful custom cabinetry and durable luxury vinyl plank flooring throughout--meaning no builder-grade carpet in any of the bedrooms. The open-concept design provides an inviting flow between the living, dining, and kitchen areas, making it ideal for both entertaining and daily life. Recent updates provide peace of mind, including a brand-new water heater, a recently serviced HVAC system, and a new irrigation well to help keep lawn maintenance costs low while maintaining curb appeal year-round. Conveniently located near top-rated schools, hospitals, shopping, dining, and the world's most beautiful beaches, this home also offers an easy commute to both Tyndall Air Force Base and Naval Support Activity Panama City. Combining thoughtful upgrades, a sought-after floor plan, and an unbeatable location, this move-in-ready home is one you won't want to miss.
    70 days
    |
    36
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie E Sheehan 781-974-7356,

    Own It Real Estate LLC

    Source: CPAR,MLS#: 790826MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Primary Bedroom
      Primary bedroom
      • Description: buyer to verify if important
      • Level: First
      • Dimensions: 16 x 13
      Bedroom
      • Description: buyer to verify if important
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Description: buyer to verify if important
      • Level: First
      • Dimensions: 14 x 11
      Bedroom
      • Description: buyer to verify if important
      • Level: First
      • Dimensions: 12 x 11
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater
      Features
      • Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,251
      • Total interior livable area: 2,251 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Patio & porch: Covered, Patio
      • Fencing: Full,Fenced,Privacy
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 64 x 131
      Details
      • Parcel number: 11916650180
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Subdivision: Magnolia Hills
      HOA
      • Has HOA: Yes
      • Services included: Legal/Accounting
      • HOA fee: $550 annually
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $178/sqft
      • Tax assessed value: $316,705
      • Annual tax amount: $4,147
      • Date on market: 6/5/2026
      • Cumulative days on market: 36 days

        Estimated market value

        $394,500

        $375,000 - $414,000

        $2,632/mo

        Price history

        DateEventPrice
        7/6/2026Pending sale$377,000$167/sqft
        Source: CPAR #790826 Report a problem
        6/30/2026Price change$377,000-5.5%$167/sqft
        Source: CPAR #790826 Report a problem
        6/5/2026Listed for sale$399,000+5%$177/sqft
        Source: CPAR #790826 Report a problem
        8/8/2022Sold$380,000+0%$169/sqft
        Source: CPAR #728231 Report a problem
        6/25/2022Contingent$379,900$169/sqft
        Source: CPAR #728231 Report a problem
        6/17/2022Listed for sale$379,900+48%$169/sqft
        Source: CPAR #728231 Report a problem
        6/14/2019Listing removed$256,675$114/sqft
        Source: D.R. Horton - Panama City Report a problem
        5/1/2019Listed for sale$256,675-1.5%$114/sqft
        Source: D.R. Horton - Panama City Report a problem
        8/14/2018Sold$260,625$116/sqft
        Source: CPAR #673358 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,951 -1.5%$316,705 -0.1%
        2023$4,010 +32%$317,011 +30.1%
        2022$3,039 $243,661
        2021-- --
        2020$2,460 +2.3%$201,373 +2.2%
        2019$2,404 $197,037 +630.2%
        2018$2,404 $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.

        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.

        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.

        Browse local experts

        Similar homes