NOT LISTED FOR SALE

1107 E Magellan Dr New River, AZ 85087

Estimated Value: $580,000 - $931,000

3 Beds
2 Baths
1,929 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $717,500 $372 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,978/month

31 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Santa Fe Architecture
  • New River Elementary School Rated A-
  • Mountain View
  • Private Yard

About This Home

As of July 2024

Welcome to your dream oasis in a highly desired custom home pocket nestled in the foothills of majestic mountains. This exquisite residence sits on an expansive 1.2-acre lot, offering unparalleled tranquility and natural beauty. The property greets you with a grand 3-car garage, an oversized paver front patio, and a striking large iron front door.

Step inside to discover a fabulous interior that exudes luxury and sophistication. The home features high-end custom materials in every room, complemented by neutral paint, abundant natural light, elegant archways, and wood-look tile flooring, with plush carpeting in the bedrooms. The inviting living room, complete with a wet bar, is perfect for entertaining, boasting a desirable open layout that seamlessly connects to the gourmet kitchen. The kitchen is a chef's delight, equipped with stainless steel appliances, quartz countertops and backsplash, ample wood cabinetry, and a substantial island with a breakfast bar. Enjoy your morning coffee in the cozy nook with a charming bay window, or step outside to the extended covered patio to soak in the serene surroundings.

The large main bedroom offers a private sanctuary with direct outdoor access, a luxurious ensuite featuring dual vanities, spacious walk in shower, and a walk-in closet. Primary ensuite features a patio door for quick access to the backyard. Wake up to breathtaking mountain views from your primary suite every morning.

Featuring a split layout floorplan, the remaining bedrooms are located on the opposite side of the home, along with a generously sized second bathroom and a spacious laundry room equipped with cabinets.

The vast backyard is a blank canvas, meticulously maintained and ready for your backyard dreams. It's perfect for hosting gatherings or simply enjoying the serene environment. The property includes separate RV parking and a driveway to the left of the home, making it ideal for storing all your toys. ENJOY NO HOA!

Surrounded by stunning 360-degree mountain views, this gem offers an unmatched luxurious and private feel. Bring your horses - there's more than enough room for them too! Don't miss the chance to own this secluded paradise where elegance meets nature. This home truly has it all. Just WOW!

Last Agent to Sell the Property

Brooke Casady

HomeSmart License #SA671753000 Listed on: 05/20/2024

HomeSmart

Last Buyer's Agent

Joseph Gamons

Cerreta Real Estate License #SA689615000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2021

Lot Details

  • 1.2 Acre Lot
  • Desert faces the front of the property
  • Partially Fenced Property
  • Wire Fence
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,929 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • New River Elementary School
  • Gavilan Peak Elementary Middle School
  • Boulder Creek High School

Utilities

  • Central Air
  • Heating Available
  • Shared Well
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Custom Home Subdivision

Listing and Financial Details

  • Assessor Parcel Number 202-20-045-G

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Cross Street: N New River Rd & E Circle Mountain Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.2
  • Subdivision Name: Custom Home
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Tax Parcel Letter: G
  • General Property Description:PriceSqFt: 371.95
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1929.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes

Exterior Features

  • Fencing: Partial, Wire
  • Exterior Features: Private Yard
  • Lot Features: Desert Front, Dirt Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, Garage Door Opener, Extended Length Garage, Direct Access, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Onsite Well, Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: New River Elementary School
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Gavilan Peak Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52471.0
  • Parcel #: 202-20-045-G

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2563.0
  • Tax Book Number: 202.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Schanche Donald O
Bought by
Donald Schanche Revocable Trust and Schanche
Current Estimated Value
$713,394

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 11, 2024
Sold by
Howe Jameson
Bought by
Schanche Donald O
Seller's Agent
Brooke Casady
HomeSmart
Buyer's Agent
Joseph Gamons
Cerreta Real Estate
List Price
$725,000
Sold Price
$717,500
Premium/Discount to List
-$7,500
-1.03%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 11, 2021
Sold by
Torres Osvaldo
Bought by
Howe Jameson
Seller's Agent
Jerry Beavers
Realty ONE Group
Buyer's Agent
Brooke Casady
HomeSmart
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$498,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2020
Sold by
Enterprise Homes Llc
Bought by
Torres Osvaldo

Purchase Details

Closed on
Oct 1, 2012
Sold by
Wigton Dodd
Bought by
Enterprise Homes Llc

Purchase Details

Closed on
Feb 13, 2005
Sold by
Wigton Dodd
Bought by
Wigton Dodd
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
Donald Schanche Revocable Trust -- None Listed On Document
Schanche Donald O $717,500 Fidelity National Title Agency
Howe Jameson $525,000 Security Title Agency Inc
Torres Osvaldo $85,000 Clear Title Agency Of Az
Enterprise Homes Llc -- None Available
Wigton Dodd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howe Jameson $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $717,500 -1.0% $372 / Sq Ft
05/20/2024 05/20/24 For Sale $725,000 +38.1% $376 / Sq Ft
05/18/2021 05/18/21 Sold $525,000 +5.0% $276 / Sq Ft View Prior Sale
03/30/2021 03/30/21 For Sale $499,900 -- $263 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,752 $26,426 -- --
2024 $2,563 $25,167 -- --
2023 $2,563 $43,870 $8,770 $35,100
2022 $2,464 $33,570 $6,710 $26,860
2021 $454 $7,635 $7,635 $0
2020 $445 $7,050 $7,050 $0
2019 $431 $6,405 $6,405 $0
2018 $417 $6,885 $6,885 $0
2017 $409 $6,390 $6,390 $0
2016 $375 $7,125 $7,125 $0
2015 $370 $6,112 $6,112 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6707222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-20-045G