NOT LISTED FOR SALE

40502 Pipestone Rd Magnolia, TX 77354

Woodlands Neighborhood

Estimated Value: $601,000 - $706,000

4 Beds
3.5 Baths
2,859 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 29, 2020

Current estimated payment $4,223/month

24 Days on Market

Highlights

  • In Ground Pool
  • 1.23 Acre Lot
  • Wooded Lot
  • Bear Branch Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of September 2020

Gorgeous 2-story residence situated on 1.23 partially-wooded acres in Montgomery Co! Upon entering, you're greeted with features such as soaring high-ceilings complimented by intricate crown molding, hardwood floors, & an abundance of natural lighting throughout. The family room boasts a gas-connection/wood-burning fireplace surrounded by a beautiful tile overlay and a masterfully handcrafted wood mantle. The family room seamlessly transitions into the kitchen, boasting granite counter tops accented with travertine backsplash, lots of cabinet space, a desk area, & an oversized island w/ a breakfast bar! The home flaunts 3 bedrooms down including the primary bedroom which features an en-suite bath w/ an elegant tiled soaking tub + separate shower, and 1 bedroom up - all generously sized. Upstairs, you'll find a massive gameroom + a full bathroom. Exterior features include an in-ground private pool, and property lines extending past the fence in the back. Schedule a showing today!

Last Agent to Sell the Property

Adam Olsen

eXp Realty, LLC License #0642075 Listed on: 08/05/2020

eXp Realty, LLC

Last Buyer's Agent

Louise Beard

Walzel Properties - The Woodlands License #0348958

Walzel Properties - The Woodlands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,552

Year Built

  • Built in 1999

Lot Details

  • 1.23 Acre Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • Back Yard Fenced and Side Yard

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Single Vanity
  • Dual Sinks
  • Bathtub with Shower

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Bear Branch Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Aerobic Septic System

Community Details

  • Ccpoa Association, Phone Number (281) 259-5538
  • Cimarron Country Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,552

Year Built

Built in 1999

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Directions: From Magnolia: Head northeast on Buddy Riley Blvd toward Melton St. Turn right onto Farm to Market Rd 1488 E and continue 9 miles. Turn left onto Cimarron Way. Turn right onto Deer Lodge Rd. Deer Lodge Rd turns left and becomes Pipestone Rd. Home on R in 0.6 miles.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1999
  • Lot Size Acres: 1.23
  • Road Surface Type: Concrete
  • Ownership: Full Ownership
  • Subdivision Name: Cimarron Country
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Thermostat
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Microwave, Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Crown Molding, Dual Sinks, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pantry, Tub Shower, Vanity, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 2859.0
  • Dining Room Type: Dining Room, Family Room, Game Room, Living Room, Utility Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Cleared, Wooded, Side Yard
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick, Cement Siding, Wood Siding
  • Exterior Features: Covered Patio, Deck, Fence, Sprinkler/Irrigation, Patio, Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Aerobic Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 112.0
  • Association Fee Frequency: Annually
  • Association Name: CCPOA
  • Phone: 281-259-5538
  • Association: Yes

Schools

  • Elementary School: BEAR BRANCH ELEMENTARY SCHOOL (MAGNOLIA)
  • 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

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 29, 2020
Sold by
Douglas Ronald P
Bought by
Schmidt Lynn Michele and Schmidt Mark John
Seller's Agent
Adam Olsen
eXp Realty, LLC
Buyer's Agent
Louise Beard
Walzel Properties - The Woodlands
List Price
$449,000
Current Estimated Value
$659,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$340,000
Outstanding Balance
$303,095
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$356,137

Purchase Details

Closed on
Jun 27, 2003
Sold by
Stone Keith W and Stone Stacy D
Bought by
Douglas Ronald P and Douglas Regina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Stone Keith W and Stone Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2000
Sold by
Milliken Jeremy
Bought by
Drake Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,192
Interest Rate
7.86%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Hull Robin L and Hull Laura Lynn
Bought by
Stone Keith W and Stone Stacy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,192
Interest Rate
7.86%

Purchase Details

Closed on
Feb 13, 1991
Sold by
Savings Of America
Bought by
Douglas Ronald P and Douglas Regina
Source: Public Records

Range of Values:

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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
Schmidt Lynn Michele $452,200 Stewart Title
Douglas Ronald P -- Stewart Title Of Montgomery
Douglas Ronald P -- --
-- -- Stewart Title
Drake Alan -- Alamo Title 50
Stone Keith W -- Alamo Title 50
Douglas Ronald P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Lynn Michele $340,000
Previous Owner Douglas Ronald P $119,210
Previous Owner Douglas Ronald P $139,500
Previous Owner Douglas Ronald P $139,000
Previous Owner -- $139,500
Previous Owner Stone Keith W $193,695
Previous Owner Stone Keith W $189,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold -- -- --
08/30/2020 08/30/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $449,000 -- $157 / 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 $7,469 $622,787 -- --
2024 $6,686 $566,170 -- --
2023 $6,686 $514,700 $126,760 $454,480
2022 $8,257 $467,910 $125,870 $403,230
2021 $7,906 $425,370 $72,760 $352,610
2020 $8,247 $407,520 $72,760 $334,760
2019 $7,515 $373,180 $72,760 $300,420
2018 $6,771 $354,560 $72,760 $281,800
2017 $7,504 $353,870 $45,840 $308,030
2016 $7,025 $331,300 $45,840 $321,400
2015 $5,659 $301,180 $45,840 $294,160
2014 $5,659 $273,800 $45,840 $254,180
Source: Public Records

Agents Affiliated with this Home

  • Adam Olsen

    Seller's Agent in 2020

    Adam Olsen

    eXp Realty, LLC

    (936) 585-8055

    9 in this area

    2,120 Total Sales

    Adam Olsen
    Section Image
  • Louise Beard

    Buyer's Agent in 2020

    Louise Beard

    Walzel Properties - The Woodlands

    1 in this area

    53 Total Sales

    Louise Beard
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 20735769

Houston Association of REALTORS®

APN: 3410-00-02800

Texas Montgomery County Magnolia 77354 Woodlands

40502 Pipestone Rd, Magnolia, TX

This home is located at 40502 Pipestone Rd, Magnolia, TX 77354 since 05 August 2020 and is currently estimated at $659,232, approximately $230 per square foot. This property was built in 1999. 40502 Pipestone Rd is a home located in Montgomery County with nearby schools including Bear Branch Elementary School, Bear Branch Junior High School, and Magnolia High School.

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.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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