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Sold 77354 Magnolia

40218 Otero Rd

Magnolia, TX 77354

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Sold

$420,001 - $482,000

Sold on January 19, 2024

4 Bedroom(s)

2 Full & 1 Half Bath(s)

2,214 Sqft.

1.52 Lot Acres

Single-Family

64 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $470K	AVM Value $483K	AVM Value $474K	AVM Value $427K
Value Range $437K - $503K	Value Range $453K - $512K	Value Range $446K - $507K	Value Range $ 427,200
Confidence Score 93% Margin of Error*: 7%	Confidence Score 95% Margin of Error*: 6%	Confidence Score NA	Confidence Score NA

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Great 4 bedroom 2.5 bath home on 1.5 acre lot in Magnolia community of Cimarron Country. Bright kitchen with granite counters, spacious living room with stone fireplace, and tile flooring throughout first floor. Huge master suite upstairs with sitting area, soaking tub, and separate shower. Great location with easy access to an abundance of shopping and restaurants. Zoned to Bear Branch Elementary. Low tax rate and HOA! Enjoy the peace and tranquility of this beautiful wooded property.

MLS#

50154606

Sold Price Range

$420,001 - $482,000

Listing Status

Sold

Address

40218 Otero Rd

City

Magnolia

State

Zip Code

77354

County

Montgomery County

Subdivision

Cimarron Country (View subdivision price trend)

Legal Description

CIMARRON COUNTRY, LOT 285, ACRES 1.520

Property Type

Single-Family

Bedroom

4 Bedroom(s)

Bath

2 Full & 1 Half Bath(s)

Garages

2 / Detached

Stories

Architecture Style

Traditional

Year Built

1992 / Appraisal District

Building Size

2,214 Sqft/Appraisal District

Lot Size

1.52 Lot Acres./Appraisal District

Maintenance Fee

$140 / Annually

Market Area

Magnolia/1488 East

Property website

Property map

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Jon Kraft

4.97 / 5 (445 surveys)

Keller Williams Realty The Woodlands

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Rooms

Living

19 x 17, 1st

Dining

11 x 11, 1st

Kitchen

13 x 7, 1st

Breakfast

9 x 8, 1st

Primary Bedroom

16 x 15, 2nd

Bedroom

12 x 11, 2nd

Bedroom

13 x 10, 2nd

Bedroom

11 x 10, 2nd

Primary Bath

2nd

Home Office/Study

11 x 11, 1st

Utility Room Desc

7 x 6, 1st

Exterior

Roof

Composition

Foundation

Slab

Private Pool

Exterior Type

Brick, Wood

Lot Description

Corner, Subdivision Lot, Wooded

Garage Carport

Additional Parking,Auto Garage Door Opener

Water Sewer

Public Water, Septic Tank

Front Door Face

North

Exterior

Back Yard

Interior

Fireplace

1/Gas Connections

Floors

Carpet, Tile

Bathroom Description

Half Bath, Primary Bath: Separate Shower, Secondary Bath(s): Tub/Shower Combo

Bedroom Description

All Bedrooms Up

Kitchen Description

Walk-in Pantry

Room Description

Breakfast Room, Formal Dining, Home Office/Study, Utility Room in House

Cooling

Central Electric

Heating

Central Electric

Connections

Electric Dryer Connections, Washer Connections

Dishwasher

Yes

Disposal

Yes

Microwave

Yes

Oven

Electric Oven

Range

Electric Range

Energy Feature

Ceiling Fans, North/South Exposure

Lot information

Lot Size

1.52 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type

Free Standing

HOA Mandatory

Yes

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered

Cash Sale, Conventional, FHA, VA

Other Fees

Yes / 300 / Transfer

Maintenance Fee

Mandatory / $140 / Annually

Taxes w/o Exemp

$6,690/2023

Tax Rate

1.7646

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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Estimated Monthly Payments

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.