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$375,000 Just Listed
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Property Description
Spacious and versatile, this 5-bedroom home offers room to grow and flexibility to fit a variety of lifestyles. In addition to the five bedrooms, the property features two bonus rooms that can easily be used as a home office, playroom, media room, or even converted into a 6th or 7th bedroom if needed. Situated on a desirable corner lot, the home includes a large fenced backyard that provides plenty of space for outdoor entertaining, pets, or future additions. Inside, the home has been freshly painted throughout, giving it a clean and updated feel. Modern conveniences include a smart thermostat and an ADT security system already in place for added comfort and peace of mind. A major financial advantage is the assumable VA mortgage at 4.625%, which the sellers are willing to consider offering to qualified buyers--an increasingly rare opportunity in today's market. With generous living space, flexible room options, and valuable financing potential, this property is ready to meet a wide range of needs.
Full Property Details
Full Property Details for 7121 Ellie B Dr
General
- Price: $375,000
- Taxes: $3,205 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 786698
- Updated: Today (3/12/2026)
- Added to Site: Today
Interior
- Number of Rooms: 5
- Appliances: Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Olde Towne Village
- Driving Directions: Travel Hwy 231 North to Nordic Drive and turn right onto Hatteras Blvd. Continue straight and take a left at Bear Blvd and continue to Ellie B Drive.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Craftsman
- Construction: Vinyl Siding
- Roof: Shingle
- Stories/Levels: 2
- Sq. Ft. Source: Plans
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: .2
- Lot Dimensions: 58 x 147
- Lot Features: Paved
- Zoning: City, Resid Single Family
Financial Considerations
- Tax Amount: $3,205
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BARRETT'S PARK LOT 1 ORB 4572 P 158
- Property ID: 05658-400-005
Listed by Think Real Estate
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Schools
Schools serving 7121 Ellie B Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 2.1 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 2.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 7.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7121 Ellie B Dr
Date
Details
Price
Change
Source
3/12/2026
Listed
$375,000
7.56%
MLS
5/31/2022
Sold
$348,650
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7121 Ellie B Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,165
2%
$295,397
3%
2024
$3,100
-6%
$287,072
-4%
2023
$3,282
636%
$297,921
695%
2021
$446
-7%
$37,465
-10%
2022
$481
8%
$41,642
7270%
2021
$446
—
$565
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7121 Ellie B Dr
7121 Ellie B Drive, Callaway, FL 32404 (MLS# 786698) is a Single Family property with 5 bedrooms and 3 full bathrooms. 7121 Ellie B Drive is currently listed for $375,000 and was received on March 12, 2026. Want to learn more about 7121 Ellie B Drive? Do you have questions about finding other Single Family real estate for sale in Callaway? You can browse all Callaway real estate or contact a Coldwell Banker agent to request more information.

