402 Magnolia St, Panama City, FL 32404

3 beds2 baths1,142 sqft Edit

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Sold: $150,000
Sold on 06/18/14
Zestimate®: $94,711
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My Notes

100% VA Financing available!!!!!!This is NOT a fixer upper. It is turn key. This immaculate beautifully maintained modular home is located only 4 miles from down town Panama City. Its quiet dead end street location offers privacy that is difficult to find this close to the city. 3 bedroom 2 bath lake front home. A new 1 hp pump and water tank supplies all the lake irrigation water you will ever need to keep a beautiful green grass. The main entry has a well constructed L shaped staircase leading to the front door and from the back door is a nice covered deck off the breakfast room end of the house that provides a spectacular view of Lake Martin. There is an oversized single carport with a concrete driveway and adjacent to that an 8x16 foot work shop. The home is hooked up to city water and sewage and has a certified 140 mile per hour wind load capability. Master bath includes a garden tub with separate shower and all 3 bedrooms have nice size closets. The living area is large with room for a dining table as well. The kitchen has a large bar that includes the double sink and dishwasher in the center island. The breakfast curve window area provides a super view of the lake. There is a separate area with washer and dryer. There is plenty of cabinet space and windows for natural sunlight in the open floor design of living room, kitchen and breakfast area that offers a water view throughout. Boat ramp for Martin Lake is only a block away and beautiful St Andrew Bay is only a block away. Home is only a ten minute drive from TAFB. Seller offering owner financing with acceptable down payment and a 4 yr balloon payment. All measurements and info should be verified. Two adjacent lots are available and would be a great investment opportunity. Both have water and sewer available.  More Less 


  • Lot: 6,185 sqft
  • Single Family
  • Built in 2006
  • Views: 1,566 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jun 2014 for $150,000
  • Last sale price/sqft: $131


  • Lawn
  • Porch


    • Construction quality:
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Exterior material: Vinyl
    • Roof type: Built up
    • Stories: 15
    • Unit count: 1


    • Floor size: 1,142 sqft
    • Last remodel year: 2006
    • Lot depth: 122
    • Lot width: 51
    • Parcel #: 25539000000
    • Zillow Home ID: 42778773

    Zestimate Details

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    -$2,340 Last 30 days
    Zestimate range
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    +$0 Last 30 days
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    Popularity on Zillow

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    1,566 all-time views
    of this home (chart)
    83 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $75-115K.




    Market guide

    Zillow predicts 32404 home values will decrease 0.6% next year, compared to a 0.7% decrease for Parker as a whole. Among 32404 homes, this home is valued 23.8% less than the midpoint (median) home, but is valued 61.7% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 32404, the number of foreclosures waiting to be sold is 2% higher than in Parker, and 91.4% greater than the national average. This higher local number may prevent 32404 home values from rising as quickly as other regions in Parker.

    Learn more about forecast calculations or 32404 home values.
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      Nearby Schools in Parker

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org