5242 Thornton Ln
Panama City, FL 32404
3 bd 2 ba 1,622 sqft Built 2024 Lot 14,810 sqft single_family
Most recent sale
$40,000
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2025 | Sold | $335,000 | CPARMLS |
| Feb 13, 2025 | Listed | $345,000 | EmeraldCoast |
| Jul 24, 2024 | Price changed | $355,000 | CPARMLS |
| Mar 19, 2024 | Price changed | $365,000 | CPARMLS |
| Mar 3, 2024 | Price changed | $370,000 | CPARMLS |
| Dec 31, 2023 | Price changed | $380,000 | CPARMLS |
| Oct 30, 2023 | Listed | $385,000 | CPARMLS |
| Mar 25, 2022 | Sold | $40,000 | MLS #723104 |
| Mar 3, 2022 | Listed | $47,000 | MLS #723104 |
| Jul 10, 2020 | Sold | $15,000 | MLS #695298 |
| May 29, 2020 | Price changed | $17,000 | MLS #695298 |
| Mar 12, 2020 | Listed | $20,000 | MLS #695298 |
| Feb 19, 2020 | Price changed | $20,000 | MLS #691322 |
| Feb 7, 2020 | Price changed | $24,000 | MLS #691322 |
| Jan 4, 2020 | Price changed | $25,000 | MLS #691322 |
| Nov 28, 2019 | Listed | $29,000 | MLS #691322 |
| Jun 2, 2018 | Relisted | $29,900 | MLS #668275 |
| Feb 28, 2018 | Price changed | $29,900 | MLS #668275 |
| Feb 19, 2018 | Listed | $32,900 | MLS #668275 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $236,234 | $42,000 | $278,234 | $3,893 |
| 2023 | — | $35,000 | $35,000 | $495 |
| 2022 | — | $34,000 | $34,000 | $345 |
| 2021 | — | $32,300 | $32,300 | $340 |
| 2020 | — | $31,400 | $31,400 | $334 |
| 2019 | — | — | $17,969 | $236 |
| 2018 | — | — | $16,335 | $231 |
| 2017 | — | $14,850 | $14,850 | $164 |
| 2016 | — | $14,750 | $14,750 | $168 |
| 2015 | — | $14,750 | $14,750 | $174 |
| 2014 | — | — | $14,500 | $171 |
| 2013 | — | — | $14,500 | $154 |
| 2012 | — | — | $15,500 | $166 |
| 2011 | — | — | $20,000 | $219 |
| 2010 | — | — | $24,200 | $272 |
| 2009 | — | — | $33,880 | $389 |
| 2008 | — | — | $35,700 | $379 |
| 2007 | — | — | $36,260 | $379 |
Property facts
Year built
2024
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,622 sqft
Lot size
14,810 sqft
ZIP code
32404
City
Panama City
Street
Thornton Ln
Coordinates
30.12647, -85.59390
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5242 Thornton Ln last sell?
5242 Thornton Ln most recently sold on Mar 25, 2022 for $40,000.
What is the current tax assessment for 5242 Thornton Ln?
The most recent total assessment for 5242 Thornton Ln (year 2025) is $278,234 with $3,893 in property tax.
How does 5242 Thornton Ln's assessment compare to its last sale price?
The current assessment is 595.6% above the last sale price of $40,000.
When was 5242 Thornton Ln built?
5242 Thornton Ln was built in 2024.
How does 5242 Thornton Ln compare to others on Thornton Ln?
We track 8 other properties on Thornton Ln. Browse the list under "Other properties on Thornton Ln" to compare beds, baths, and sale history.
What are the property facts for 5242 Thornton Ln?
5242 Thornton Ln is a 3 bed, 2 bath, 1,622 sqft, 14,810 sqft lot single_family.
Is 5242 Thornton Ln a flip candidate?
Yes — 5242 Thornton Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5242 Thornton Ln a tax-appeal candidate?
No — 5242 Thornton Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$282.7K
2026 Q4
$281.1K
ZIP 32404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Thornton Ln