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Backup Offers

5241 Thornton Ln, Panama City, FL, 32404

$297,000

Home List Price

$3,527*

Closing Credit

3 Bedrooms
2 Full Baths
1,632 SqFt
$182/SqFt
House

Location

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5241 Thornton Ln, Panama City$297,000

Buyer Closing Credits

$3,527*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1972
HeatingCentral, Fireplace(s), Natural Gas, Solar
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #761559
Lot Size0.29 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5241 Thornton Ln

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSBeautiful 3-Bedroom, 2-Bath Home with Spacious Lot and Modern AmenitiesWelcome to this stunning 3-bedroom, 2-bathroom home boasting 1,632 sq ft of living space. Nestled on a generous 90 x 145 ft lot, this property offers an inviting open floor plan with tile and vinyl plank flooring throughout.Enjoy cozy evenings by the large wood-burning fireplace, and prepare delicious meals in the modern kitchen featuring granite countertops, stainless steel appliances, and a convenient breakfast bar. The home includes both a living room and a family room, providing ample space for relaxation and entertainment.Step outside to a sprawling, fenced backyard perfect for outdoor activities and gatherings. A 9ft x 40ft back porch provides additional space for relaxation and socializing. Other highlights include a 2-car garage and abundant storage and closet space.Don't miss the opportunity to make this beautiful home yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1972
  • Living Area: 1,632 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar, Fireplace, Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Sprinkler/Irrigation, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cleared, Landscaped
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Natural Gas, Solar
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From the intersection of Highway 77 and US 98, take N Cove Blvd to US 98 BUS East and follow it for 5.1 miles to Thornton Lane, turn right onto Thornton Lane. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $1,721
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5241 Thornton Ln vs Panama City

90 DAYS ON ROCKET

+13 Days

$297,000

-$42.4K Less

$182/SqFt

-$20 Less

KEY TAKEAWAY

This property is $42.4K less than the Median Sold Price and $20/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #761559

Listing Office:

  • Office Name: Counts Real Estate Group Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 07, 2020Home Sold
$203,000
Feb 08, 2019Home Sold
$55,000
Mar 19, 2018Home Sold
$170,000
Sep 18, 2015Home Sold
$134,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,721$161,791
2018$840$113,697
2017$866$114,217

History based on county public records data.

Payment Calculator

$1,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$957

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-905394
3
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-905395
3
/10

  • Callaway Elementary School

  • 7115 E Highway 22

  • 2.42 miles

  • Public District Grades KG-5

school-card-donut-905396
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 3.35 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,365. Residents of Panama City, FL typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5241 Thornton Ln

What is the listing price of this property?

The listing price of 5241 Thornton Ln property is $297,000.

What type of property is this?

The property 5241 Thornton Ln is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Accepting Backup Offers: 5241 Thornton Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,721 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 7, 2020 for $203,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5241 Thornton Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5241 Thornton Ln is 1,632 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5241 Thornton Ln is 1972.

Rocket Homes›Florida›Bay County›Panama City›32404›5241 Thornton Ln

This home is located at 5241 Thornton Ln in Panama City, FL and zip code 32404 in the Southwood neighborhood. This 1,632 square foot home, which was built in 1972, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $297,000.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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