NOT LISTED FOR SALE

2423 E Magnolia Dr Gilbert, AZ 85298

Higley Neighborhood

Estimated Value: $830,505 - $877,000

4 Beds
2 Baths
2,182 Sq Ft
$395/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $632,500 $290 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,750/month

34 Days on Market

Highlights

  • Arena
  • RV Access or Parking
  • 1.14 Acre Lot
  • Coronado Elementary School Rated A
  • Solar Power System
  • Vaulted Ceiling

About This Home

As of October 2020

IRRIGATED HORSE PROPERTY WITH BEAUTIFUL CUSTOM RANCH HOME close to shopping & restaurants with NO HOA! Spacious sought after split floor plan perfect for casual family time & entertaining. Featuring roomy master suite with separate tub & shower and walk-in closet, large upgraded kitchen including an island/bar, pantry, spacious dining area & tons of cabinet space! Granite counter tops, travertine back splash, composite sinks with upgraded faucets both in kitchen & in custom laundry room! Enormous great room leading to 20' x 65' wood covered patio an entertainers dream. The 2.5 car garage features built-in storage cabinets, an extra room perfect for a shop or storage. Plus the large carport offers more covered parking, even for your RV! This mini-ranch features an outstanding horse set-up with large segregated laser level pastures, a mare motel with (5) 16x16' covered stalls including automatic waters, lights, large tack room, wash rack, 45' round pen, & more! Plenty of room for kids, animals & even a garden! Safely ride your horses from the home for miles on the Consolidated Canal Path.
Situated on a 1.14 acre lot, this beautiful energy efficient home, with solar package has 3 RV gates, flood irrigation on 3 sides, orchard, private grassy play area in the back and a beautiful desert landscaped front yard! This fabulous property is a rare find in Gilbert, close to the 202 freeway, San Tan Mall, Mercy Gilbert Hospital, Gilbert Regional & Soccer parks! Bring your horses when you move in!

Last Agent to Sell the Property

Richard Swan

Signature Premier Realty LLC License #SA669836000 Listed on: 07/15/2020

Last Buyer's Agent

Kelly Moore

Realty ONE Group License #SA564212000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1999

Lot Details

  • 1.14 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Wire Fence
  • Corner Lot
  • Backyard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 2.5 Car Direct Access Garage
  • 2 Carport Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking
  • Golf Cart Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,182 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Schools

  • Coronado Elementary School

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Solar Power System
  • Flood Irrigation

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 304-70-070-J

Community Details

Overview

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

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,113

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Greenfield & Queen Creek
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.5
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Solar Panelsk W: 7.92
  • Year Built: 1999
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.14
  • Subdivision Name: Unknown
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Tax Parcel Letter: J
  • General Property Description:PriceSqFt: 289.87
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 2182.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Tinted Windows
  • 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
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other, Block, Chain Link, Wire
  • Exterior Features: Playground, Private Yard, Storage
  • Lot Features: Corner Lot, Desert Front, Gravel/Stone Front, Grass Back, Irrigation Back, Flood Irrigation
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 4.5
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area, Side Vehicle Entry, Golf Cart Garage
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.5
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Golf Cart Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • 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: Coronado Elementary School
  • Middle Or Junior School: Coronado Elementary School

Lot Info

  • Horse Amenities: Other, See Remarks, Arena, Auto Water, Bridle Path Access, Corral(s), Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 49743.0
  • Parcel #: 304-70-070-J

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3113.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Hancotte William P and Hancotte Sarah M
Bought by
Bsh Family Trust and Hancotte
Current Estimated Value
$860,876

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 25, 2020
Sold by
Novcaski Kenneth and Novcaski Teresa A
Bought by
Hancotte William P and Hancotte Sarah M
Seller's Agent
Richard Swan
Signature Premier Realty LLC
Buyer's Agent
Kelly Moore
Realty ONE Group
List Price
$649,900
Sold Price
$632,500
Premium/Discount to List
-$17,400
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Sold by
Novcaski Kenneth and Novcaski Teresa
Bought by
The Novcaski Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,650
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2011
Sold by
Novcaski Kenneth and Novcaski Teresa A
Bought by
Novcaski Kenneth and Novcaski Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2011
Sold by
Novcaski Kenneth P and Novcaski Teresa A
Bought by
Novcaski Kenneth and Novcaski Teresa A

Purchase Details

Closed on
Aug 13, 2007
Sold by
Cartus Relocation Corp
Bought by
Novcaski Kenneth P and Novcaski Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2007
Sold by
Angle Dana and Byers Angle Jane
Bought by
Cartus Relocation Corp

Purchase Details

Closed on
Apr 13, 1999
Sold by
Diamante Homes Inc
Bought by
Angle Dana and Angle Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,300
Interest Rate
6.86%
Mortgage Type
New Conventional
Source: Public Records
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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
Bsh Family Trust -- None Listed On Document
Hancotte William P $632,500 American Title Svc Agcy Llc
The Novcaski Living Trust -- Accommodation
Novcaski Kenneth -- Title Security Agency Llc
Novcaski Kenneth -- Magnus Title Agency
Novcaski Kenneth -- Magnus Title Agency
Novcaski Kenneth -- None Available
Novcaski Kenneth P $450,000 Equity Title Agency
Cartus Relocation Corp $520,000 None Available
Angle Dana $184,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hancotte William P $450,000
Previous Owner Novcaski Kenneth $220,650
Previous Owner Novcaski Kenneth $239,000
Previous Owner Novcaski Kenneth P $250,000
Previous Owner Angle Dana $173,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $632,500 0.0% $290 / Sq Ft
10/06/2020 10/06/20 Price Changed $632,500 -2.7% $290 / Sq Ft
07/15/2020 07/15/20 For Sale $649,900 -- $298 / 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 $3,032 $38,474 -- --
2024 $3,240 $36,642 -- --
2023 $3,240 $61,120 $12,220 $48,900
2022 $3,107 $45,310 $9,060 $36,250
2021 $3,156 $40,270 $8,050 $32,220
2020 $3,208 $38,860 $7,770 $31,090
2019 $3,113 $34,760 $6,950 $27,810
2018 $2,989 $32,330 $6,460 $25,870
2017 $2,885 $31,050 $6,210 $24,840
2016 $2,912 $30,480 $6,090 $24,390
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Richard Swan

    Signature Premier Realty LLC

    Section Image

  • K

    Buyer's Agent in 2020

    Kelly Moore

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6103394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-70-070J

Arizona Maricopa County Gilbert 85298 Higley

2423 E Magnolia Dr, Gilbert, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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