$1,060,000
SOLD DEC 1, 2020

2640 E Cherrywood Place Unit 5 Chandler, AZ 85249

South Chandler Neighborhood
5 Beds
4.5 Baths
4,439 Sq Ft
0.82 Acres

Recently Sold

$239 Per Sq Ft

6% Below List Price

121 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Outdoor Fireplace
  • Jane D. Hull Elementary School Rated A
  • 0.82 Acre Lot
  • Wood Flooring

About This Home

As of December 2020

Welcome to this stunning 5 bed, 4.5 bath property in the highly desirable Circle G subdivision in Chandler! Amazing curb appeal showcasing mature trees & 4-car garage leads you into a newly remodeled home with hardwood floors, plantation shutters, wet bar, renovated kitchen boasting a large island & stainless appliances. The master suite has a luxurious master bath with his & her sinks, jetted tub & spa shower. The expansive backyard holds a resort style sparkling pool with waterfall & spa! Backyard has lush fruit trees that includes oranges, lemons, grapefruit, pomegranate, key lime and figs. Garage includes EV charging port.

Last Agent to Sell the Property

Krysten Jones

Orchard Brokerage License #SA662192000 Listed on: 06/30/2020

Last Buyer's Agent

Yvonne M Corrigan-Carr

Coldwell Banker Realty License #SA012362000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,108

Year Built

  • Built in 2000

Lot Details

  • 0.82 Acre Lot
  • Cul-De-Sac
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,439 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Jane D. Hull Elementary School
  • San Tan Elementary Middle School
  • Basha High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Circle G Riggs Ranch Association, Phone Number (480) 704-2900
  • Circle G At Riggs Homestead Ranch Unit 5 Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 303-55-202

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,108

Year Built

Built in 2000

Lot Details

0

HOA Fees

$40 per month

Parking

4

Listing Details

  • Cross Street: Chandler Heights Rd & Gilbert Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 40.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.82
  • Subdivision Name: CIRCLE G AT RIGGS HOMESTEAD RANCH UNIT 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 120.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4439.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Cul-De-Sac, Grass Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Quarterly
  • Association Name: Circle G Riggs Ranch
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Circle G Riggs Ranch
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Jane D. Hull Elementary
  • High School: Basha High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: San Tan Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35786.0
  • Parcel #: 303-55-202

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 7108.0
  • Tax Book Number: 303.00
  • Tax Lot: 29
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Nov 23, 2020
Sold by
Well Weston T and Well Brianna K
Bought by
Braaten Eric L and Braaten Tuan Chin
Seller's Agent
Krysten Jones
Orchard Brokerage
Buyer's Agent
Yvonne M Corrigan-Carr
Coldwell Banker Realty
List Price
$1,128,000
Sold Price
$1,060,000
Premium/Discount to List
-$68,000
-6.03%
Current Estimated Value
$1,622,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,964
Avg. Annual Appreciation
8.03%
Original Mortgage
$470,000
Outstanding Balance
$423,919
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,110,875

Purchase Details

Listed on
Feb 12, 2016
Closed on
May 17, 2016
Sold by
Sud Rohit and Sud Priti
Bought by
Wells Weston T and Wells Brianna K
Seller's Agent
Dinesh Wilson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mike Foley
West USA Realty
List Price
$749,000
Sold Price
$725,700
Premium/Discount to List
-$23,300
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$555,700
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
U S Bank National Association
Bought by
Sud Rohit and Sud Priti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,550
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Dimartino Scott Joseph
Bought by
U S Bank National Associaton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,550
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Dimartino Scott Joseph
Bought by
Ocean Intermodal Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,240
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 2005
Sold by
Ortiz Altania H
Bought by
Dimartino Scott Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,240
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 20, 2002
Sold by
Dove Jeffrey H and Dove Juliet J
Bought by
Ortiz Altania H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2000
Sold by
Circle G Property Development Llc
Bought by
Dove Jeffrey H and Dove Juliet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,500
Interest Rate
8.22%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,060,000 Driggs Title Agency Inc
Warranty Deed $725,700 Greystone Title Agency Llc
Special Warranty Deed $549,000 Security Title Agency
Trustee Deed $522,000 First American Title
Quit Claim Deed -- --
Warranty Deed $756,950 Capital Title Agency Inc
Warranty Deed $599,000 Capital Title Agency Inc
Warranty Deed $84,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 New Conventional
Previous Owner $555,700 New Conventional
Previous Owner $434,500 Adjustable Rate Mortgage/ARM
Previous Owner $521,550 New Conventional
Previous Owner $642,240 Negative Amortization
Previous Owner $539,100 New Conventional
Previous Owner $421,500 New Conventional
Closed $80,280 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $1,060,000 -5.2% $239 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/04/2020 10/04/20 Price Changed $1,118,000 -0.9% $252 / Sq Ft
06/30/2020 06/30/20 For Sale $1,128,000 +55.4% $254 / Sq Ft
05/19/2016 05/19/16 Sold $725,700 -3.1% $163 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $749,000 -- $169 / 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 $7,652 $87,898 -- --
2024 $7,497 $83,712 -- --
2023 $7,497 $110,510 $22,100 $88,410
2022 $7,246 $85,960 $17,190 $68,770
2021 $7,433 $80,460 $16,090 $64,370
2020 $7,384 $78,460 $15,690 $62,770
2019 $7,108 $71,830 $14,360 $57,470
2018 $6,880 $67,900 $13,580 $54,320
2017 $6,435 $73,120 $14,620 $58,500
2016 $6,195 $67,470 $13,490 $53,980
2015 $5,905 $63,120 $12,620 $50,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6097525

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-202