6 months on rocket

5242 Thornton Ln, Panama City, FL, 32404

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,671 SqFt
$218/SqFt
House
Schools Nearby

Location

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5242 Thornton Ln, Panama City$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage2 spaces
Year Built2023
ViewBayou
MLS #748565
Lot Size0.34 Acres
StatusActive

About 5242 Thornton Ln

Welcome to this Stunning New Construction home located close to Tyndall Air Force Base! This spacious 3 bedroom, 2 bathroom home features a split bedroom floor plan, offering optimal privacy and comfort. As you enter, you'll be greeted by 10-foot ceilings and 8-foot doorways, and an open concept floor plan creating a spacious and inviting atmosphere throughout. You'll enjoy the upgrades this home provides such as wood look tile flooring, plush carpet in the bedrooms, a kitchen island, upgraded appliances, granite countertops and a walk in pantry. The master bedroom comes complete with its own en suite providing a private retreat. Additionally, the oversized laundry room and garage offers ample storage.As you step outside you will enjoy the oversized backyard with a water view! The builder spared no expensive by adding spray foam insulation in the exterior walls and roof. Call your agent and tour this home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 1,671 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bayou

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

School Info

Assigned Schools Information:

  • Rutherford High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 6-8
  • Tyndall Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: At the intersection of Tyndall Parkway and Thornton continue straight onto Thornton Lane. the property is located on the left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $334
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

5242 Thornton Ln vs Panama City

183 DAYS ON ROCKET

+101 Days

$365,000

+$17.8K More

$218/SqFt

+$14 More

KEY TAKEAWAY

This property is $17.8K more than the Median Sold Price and $14/SqFt more 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: #748565

Listing Office:

  • Office Name: Beachy Beach Real Estate

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: 5/1/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2020Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$334$31,400
2018$231$16,335
2017$164$14,850

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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.

Elementary School

school-card-donut-4023783
8
/10
  • Tyndall Elementary School

  • 7800 Tyndall Pkwy

  • 2.00 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4023784
3
/10
  • Everitt Middle School

  • 608 School Ave

  • 2.59 miles

  • Public District Grades 6-8

High School

school-card-donut-4023785
2
/10
  • Rutherford High School

  • 1000 School Ave

  • 2.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,365. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5242 Thornton Ln

What is the listing price of this property?

The listing price of 5242 Thornton Ln property is $365,000.

What type of property is this?

The property 5242 Thornton Ln is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 5242 Thornton Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5242 Thornton Ln are:
Tyndall Elementary School: GreatSchools Rating 8/10
Everitt Middle School: GreatSchools Rating 3/10
Rutherford High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $334 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2020 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5242 Thornton Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5242 Thornton Ln is 1,671 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5242 Thornton Ln is 2023.

Rocket HomesFloridaBay CountyPanama City324045242 Thornton Ln

This home is located at 5242 Thornton Ln in Panama City, FL and zip code 32404 in the Southwood neighborhood. This 1,671 square foot home, which was built in 2023, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $365,000.

In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. The number of listings in Panama City, FL increased by 3.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $347,126, while the average time on the real estate market was 82 days.

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

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