NOT LISTED FOR SALE

1 Riata Dr Magnolia, TX 77354

Estimated Value: $1,820,000 - $2,684,000

5 Beds
6.5 Baths
6,850 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 31, 2018

Current estimated payment $14,806/month

364 Days on Market

Highlights

  • Wine Room
  • Media Room
  • 12 Acre Lot
  • Cedric C Smith Rated A-
  • Heated In Ground Pool
  • Green Roof

About This Home

As of August 2018

On 12 acres of pure privacy, this French Country Estate is just three miles from The Woodlands. With easy access to hospitals, shopping, entertaining and more, this home boasts some of the finest luxury features available in Southeast Texas. Entertaining is easy with the two large covered outdoor areas, the wine room and the stunning pool and spa. The gardens and courtyards are impeccable and there are so many features about this home you cannot miss!

Last Agent to Sell the Property

Zeke Dorr

Magnolia Realty License #0660816 Listed on: 08/01/2017

Last Buyer's Agent

Renee Leslie

RE/MAX Elite Properties License #0561661

RE/MAX Elite Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,205

Year Built

  • Built in 2014

Lot Details

  • 12 Acre Lot
  • East Facing Home
  • Wooded Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Radiant Barrier
  • Stucco

Interior Spaces

  • 6,850 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Wine Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Media Room
  • Home Office
  • Game Room

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Security Gate

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat
  • Ventilation

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Schools

  • Cedric C. Smith Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

Overview

  • Ranches Pinehurst Association, Phone Number (281) 356-7333
  • Ranches Of Pinehurst Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,205

Year Built

Built in 2014

Lot Details

0

HOA Fees

$57 per month

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2014
  • Lot Size Acres: 12.0
  • Road Surface Type: Asphalt
  • Ownership: Full Ownership
  • Subdivision Name: Ranches of Pinehurst
  • Architectural Style: French Provincial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Radiant Attic Barrier, Appliances, HVAC, Roof, Thermostat, Water Heater, Windows
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:0205-00-00125
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Oven, ENERGY STAR Qualified Appliances, Refrigerator, Tankless Water Heater
  • Private Spa: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Dual Sinks, Granite Counters, Hot Tub/Spa, Jetted Tub, Country Kitchen, Kitchen Island, Marble Counters, Separate Shower, Window Treatments, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 6850.0
  • Dining Room Type: Breakfast Room/Nook, Den, Dining Room, Game Room, Living Room, Media Room, Study, Wine Room
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Disclosures: Owner Is Listing Agent, Seller Disclosure
  • Roof: Composition
  • Lot Features: Wooded
  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • Construction Type: Brick Veneer, Stucco
  • Direction Faces: East
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry in Utility Room, Main Level
  • Security: Security Gate, Security System Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 684.0
  • Association Fee Frequency: Annually
  • Association Name: Ranches Pinehurst
  • Phone: 281-356-7333
  • Association: Yes

Schools

  • Elementary School: CEDRIC C. SMITH ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 21205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 31, 2018
Sold by
Mcdonald Mark Rutledge and Mcdonald Paula L
Bought by
Powell Adam and Powell Jacquelyn
Seller's Agent
Zeke Dorr
Magnolia Realty
Buyer's Agent
Renee Leslie
RE/MAX Elite Properties
List Price
$2,399,000
Current Estimated Value
$2,346,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,425,000
Outstanding Balance
$1,219,202
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,126,800

Purchase Details

Closed on
Feb 28, 2012
Sold by
Boutte Leo P and Boutte Janelle S
Bought by
Mcdonald Mark Rutledge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 2003
Sold by
Lucas Marshall B and Leigh J
Bought by
Mcdonald Mark R

Purchase Details

Closed on
Sep 9, 1997
Sold by
Bac Investments Inc
Bought by
Mcdonald Mark R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Powell Adam -- Chicago Title
Mcdonald Mark Rutledge -- None Available
Mcdonald Mark R -- --
Mcdonald Mark R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Adam $1,425,000
Previous Owner Mcdonald Mark Rutledge $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Off Market -- -- --
08/31/2018 08/31/18 Sold -- -- --
08/01/2018 08/01/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $2,399,000 -- $350 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2025 $28,763 $2,196,150 -- --
2024 $26,011 $1,996,500 -- --
2023 $26,011 $1,815,000 $430,500 $1,917,470
2022 $29,116 $1,650,000 $430,500 $1,402,240
2021 $27,881 $1,500,000 $424,500 $1,075,500
2020 $28,332 $1,400,000 $424,500 $975,500
2019 $27,572 $1,369,100 $424,500 $944,600
2018 $24,409 $1,154,680 $0 $0
2017 $24,875 $1,173,090 $222,000 $951,090
2016 $21,205 $1,000,000 $222,000 $778,000
2015 $5,791 $270,000 $270,000 $0
2014 $5,791 $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 40433408

Houston Association of REALTORS®

APN: 0205-00-00125