2638 E 40th Plaza Panama City, FL 32405
4
Beds
2.5
Baths
2,592
Sq Ft
0.42
Acres
Highlights
- Contemporary Architecture
- Vaulted Ceiling
- No HOA
- A. Crawford Mosley High School Rated A-
- Sun or Florida Room
- Covered Patio or Porch
About This Home
As of April 2025Welcome to your dream oasis! This stunning home offers an unparalleled living experience with state-of-the-art amenities and exquisite design. Step outside to your private paradise, featuring a luxurious pool complete with an outdoor shower and a stylish half bath convenient for family and guests while enjoying the outdoors. Relax under the oversized pergola adorned with running lights, perfect for evening gatherings, all while enjoying the elegant brick pavers that enhance the beauty of the landscape. The property boasts durable WPC deck boards around the pool and various exterior areas, complemented by a robust metal roof. An oversized storage room with an independent AC unit provides ample space for all your needs. 12 ft privacy fence surrounds the entire property, ensuring tranquility and seclusion at the end of a quiet street. Easily access your backyard amenities through a spacious double gate, and benefit from a well-maintained sprinkler system that keeps your yard lush and green. The expansive driveway offers plenty of parking. Inside, experience an abundance of natural light pouring through state-of-the-art windows. The spacious layout features four generous bedrooms and two beautifully designed bathrooms, including a master bath complete with a double shower head for a spa-like experience. For your entertainment, this home features ceiling speakers strategically placed in the master bedroom, living room, and office area, designed for a premium surround sound experience. Each system operates independently, allowing you to customize your audio environment, yet they can seamlessly work together for a unified sound experience. The versatile office space is a blank canvas, easily convertible into a Florida room or any functional area to suit your lifestyle needs. Adding character and charm, shiplap adorns the walls throughout, complementing the home's exquisite design.For your convenience, the home comes equipped with TVs in the master bedroom and two additional rooms, ensuring entertainment is always at your fingertips. The living room is a centerpiece of relaxation, boasting an impressive 85-inch TV and a cozy fireplace, all accented by stylish shiplap walls. Culinary enthusiasts will appreciate the modern kitchen featuring stainless steel appliances, a stunning granite countertop, and a deep stainless-steel sink, blending functionality with elegance. The flooring throughout the home consists of waterproof luxury vinyl boards that are easy to clean, ensuring practicality without sacrificing style. Experience on-demand hot water with a tankless water heater, offering efficiency and comfort. The laundry room provides a spacious and organized area, leading directly out to the back deck, adding to the home's seamless indoor-outdoor flow. This dream home is a perfect blend of luxury, comfort, and functionality, tailored to meet all your desires and more. Don't miss the opportunity to call this extraordinary residence your own!Situated close to the heart of Lynn Haven, this remarkable home offers the perfect combination of tranquility and convenience. You'll enjoy easy access to esteemed schools, ensuring an excellent education for your family. A variety of shopping options, a nearby hospital, and a pharmacy are all within a short distance, providing everything you need right at your fingertips.This prime location allows you to enjoy the charm of suburban living while being just moments away from local amenities, parks, and recreational activities. Whether you're taking a leisurely stroll through the neighborhood, running errands, or seeking out entertainment, you'll find that this home is perfectly positioned to meet your lifestyle needs.With every detail thoughtfully considered, this dream home is not just a place to live, but a sanctuary where memories are made. Don't miss the chance to experience all that this exceptional property has to offer in an unbeatable location! Call Today! measurements are approximate
Last Agent to Sell the Property
Keller Williams Success Realty Listed on: 01/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,860
Year Built
- Built in 1976
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 129x141
- Fenced
- Landscaped
- Sprinkler System
Home Design
- Contemporary Architecture
- Slab Foundation
- Metal Roof
- HardiePlank Type
Interior Spaces
- 2,592 Sq Ft Home
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Double Pane Windows
- Living Room
- Dining Room
- Sun or Florida Room
Kitchen
- Electric Oven
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Storm Windows
- Fire and Smoke Detector
Parking
- Oversized Parking
- Paved Parking
Outdoor Features
- Outdoor Shower
- Covered Patio or Porch
Schools
- Hiland Park Elementary School
- Mowat Middle School
- Mosley High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Well
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Apr 4, 2025
Sold by
Silva Alejandro E Navas
Bought by
Duncan Michael A
Seller's Agent
Mowayne Copeland
Keller Williams Success Realty
Buyer's Agent
Matthew Wright
Think Real Estate
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,841
Avg. Annual Appreciation
-6.25%
Original Mortgage
$530,000
Outstanding Balance
$528,650
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$11,491
Purchase Details
Listed on
Jan 30, 2025
Closed on
Mar 7, 2025
Sold by
Meeks Michael
Bought by
Navas-Silva Alejandro E
Seller's Agent
Mowayne Copeland
Keller Williams Success Realty
Buyer's Agent
Matthew Wright
Think Real Estate
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$528,650
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$11,491
Purchase Details
Closed on
Dec 3, 2020
Sold by
Meeks Michael
Bought by
Navas Silva Alejandro E
Purchase Details
Listed on
Nov 17, 2019
Closed on
Mar 13, 2020
Sold by
Smith Anthony and Reyes Paula
Bought by
Meeks Michael and Navas Silva Alejandro
Seller's Agent
Jenna Drew
Bright Realty Solutions
Buyer's Agent
Ida Hargaray
Coldwell Banker Residential Real Estate
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.70%
Purchase Details
Closed on
Oct 27, 2016
Sold by
Woodhouse Cathy Ann
Bought by
Smith Anthony and Reyes Paula
Purchase Details
Closed on
Dec 29, 2000
Sold by
Darmarajah Muttaiya and Darmarajah Champa
Bought by
Woodhouse Frederick Dale and Woodhouse Cathy Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,936
Interest Rate
7.72%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | South Oak Title | |
| Quit Claim Deed | $100 | South Oak Title | |
| Quit Claim Deed | $65,000 | None Available | |
| Warranty Deed | $125,000 | Mti Ttl Ins Urance Agcy Inc | |
| Deed | $128,200 | None Available | |
| Warranty Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $530,000 | New Conventional | |
| Previous Owner | $190,000 | Purchase Money Mortgage | |
| Previous Owner | $127,406 | FHA | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $131,276 | FHA | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $124,936 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $530,000 | 0.0% | $204 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | Price Changed | $530,000 | -0.9% | $204 / Sq Ft |
| 02/21/2025 02/21/25 | Price Changed | $535,000 | -2.7% | $206 / Sq Ft |
| 01/30/2025 01/30/25 | For Sale | $550,000 | 0.0% | $212 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $1,500 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $125,000 | -- | -- |
| 03/13/2020 03/13/20 | Sold | $125,000 | -16.6% | $48 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 11/17/2019 11/17/19 | For Sale | $149,900 | 0.0% | $58 / Sq Ft |
| 01/15/2013 01/15/13 | Rented | $1,500 | 0.0% | -- |
| 01/15/2013 01/15/13 | Under Contract | -- | -- | -- |
| 11/21/2012 11/21/12 | For Rent | $1,500 | -- | -- |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,860 | $131,550 | -- | -- |
| 2023 | $1,860 | $178,335 | $46,396 | $131,939 |
| 2022 | $1,594 | $108,719 | $0 | $0 |
| 2021 | $1,304 | $106,272 | $40,454 | $65,818 |
| 2020 | $1,069 | $85,601 | $39,822 | $45,779 |
| 2019 | $1,076 | $86,395 | $39,822 | $46,573 |
| 2018 | $2,036 | $163,965 | $0 | $0 |
| 2017 | $2,080 | $164,633 | $0 | $0 |
| 2016 | $2,116 | $162,911 | $0 | $0 |
| 2015 | $2,200 | $163,948 | $0 | $0 |
| 2014 | $2,189 | $163,340 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mowayne Copeland
Seller's Agent in 2025
Mowayne Copeland
Keller Williams Success Realty
(850) 276-1478
186 Total Sales
-
Matthew Wright
Buyer's Agent in 2025
Matthew Wright
Think Real Estate
(850) 227-8276
208 Total Sales
-
Raymond Williams PA
Buyer Co-Listing Agent in 2025
Raymond Williams PA
Think Real Estate
(850) 276-9023
161 Total Sales
-
J
Seller's Agent in 2020
Jenna Drew
Bright Realty Solutions
-
C
Seller Co-Listing Agent in 2020
Christi Johnson
Bright Realty Solutions
-
I
Buyer's Agent in 2020
Ida Hargaray
Coldwell Banker Residential Real Estate
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 767981
APN: 11542-003-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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