$725,700
SOLD MAY 19, 2016

2640 E Cherrywood Place Unit 5 Chandler, AZ 85249

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

Recently Sold

$163 Per Sq Ft

3% Below List Price

60 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Outdoor Fireplace
  • Jane D. Hull Elementary School Rated A
  • 0.82 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2020

Welcome to this stunning 5 bed, 4 bath property in the highly desirable Circle G subdivision in Gilbert! Amazing curb appeal showcasing mature trees, circular driveway, 4-car garage, and well manucired landscape leads you into magnificent interior featuring upgraded tile and carpet floors, spacious living areas, multiple fireplaces, built-in media niche, plantation shutters, wet bar, inviting kitchen boasting large island, premium cabinets, wall oven, stainless appliances, and eat-in area. The master suite has private exit to yard and luxurious master bath featuring his and her sinks, jetted tub and spa shower. The expansive backyard holds resort style sparkling pool with waterfall and spa surrounded by mature trees and easy-care landscape and has extended covered patio with fireplace.

Last Agent to Sell the Property

Dinesh Wilson

Russ Lyon Sotheby's International Realty License #SA544887000 Listed on: 02/12/2016

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Mike Foley

West USA Realty License #SA017346000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,905

Year Built

  • Built in 2000

Lot Details

  • 0.82 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 4 Car Garage
  • RV Gated

Home Design

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

Interior Spaces

  • 4,439 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 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

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Circle G Premier Association, Phone Number (480) 704-2900
  • Built by Custom
  • 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

$5,905

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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 40.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: West on Chandler Heights, South on Riggs Road, East on Cherrywood to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.82
  • Subdivision Name: CIRCLE G AT RIGGS HOMESTEAD RANCH UNIT 5
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 121.0
  • Technology:Cable TV Avail: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 4439.0
  • Stories: 1
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Cul-De-Sac, Grass Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 121.0
  • Association Fee Frequency: Quarterly
  • Association Name: Circle G - Premier
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Circle G - Premier
  • 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
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5905.0
  • 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
$1,657,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,654
Avg. Annual Appreciation
8.23%
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

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Range of Values:

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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: 5397943

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-55-202