NOT LISTED FOR SALE

701 W Cherrywood Dr Chandler, AZ 85248

Estimated Value: $700,194 - $847,000

4 Beds
2 Baths
2,666 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $517,500 $194 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,328/month

33 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Granite Countertops
  • Jacobson Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of July 2018

NO expense was spared on this STUNNING 4 bedroom home complete with sparkling pool! ALL NEW *Custom white and gray shaker cabinets with designer hardware *Carrera quartz countertops *Custom barn doors *Designer light/fan fixtures *Custom flooring throughout. The GORGEOUS kitchen is complete with marble flooring and backsplash, custom white cabinets with a massive gray island, Kohler white cast iron farm sink, custom pendant lighting and brand new Frigidaire BLACK stainless appliances. The EXQUISITE master
bathroom features a stunning custom glass tile shower/soaking tub, custom tile flooring, gray cabinets with champagne gold fixtures plus a huge walk-in closet...all behind a custom barn door! The second bathroom features a patchwork tile floor and shower/tub with designer fixtures. *New Roof with warranty * New Interior and Exterior Paint *New Grass and Granite *New Garage Epoxy Floor *New Pool Kool Decking *Don't miss this stunning home...schedule your showing appointment before it's gone!!

Last Agent to Sell the Property

Joanne Mills

HomeSmart License #SA566467000 Listed on: 05/07/2018

HomeSmart

Last Buyer's Agent

Lori Hinkes

HomeSmart License #BR525061000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,576

Year Built

  • Built in 1998

Lot Details

  • 8,137 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,666 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Anna Marie Jacobson Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 303-74-358

Community Details

Overview

  • Property has a Home Owners Association
  • Oakwood Lakes Association, Phone Number (480) 704-2900
  • Oakwood Lakes Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,576

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Alma School Rd & Chandler Heights Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 64.37
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2017
  • Directions: South on Alma School; East on Oakwood Lakes Drive; Left on Felix Way; Right on Nolan Way; Left on Tumbleweed Lane; Left on Cherrywood Drive.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: OAKWOOD LAKES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 193.1
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2666.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Oakwood Lakes
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Oakwood Lakes
  • 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_: $

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8137.0
  • Parcel #: 303-74-358
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2576.0
  • Tax Book Number: 303.00
  • Tax Lot: 36
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 9, 2018
Sold by
Vantage Retirement Plans Llc
Bought by
Gallagher Robert J and Gallagher Robin
Seller's Agent
Joanne Mills
HomeSmart
Buyer's Agent
Lori Hinkes
HomeSmart
List Price
$550,000
Sold Price
$517,500
Premium/Discount to List
-$32,500
-5.91%
Current Estimated Value
$779,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,549
Avg. Annual Appreciation
6.32%
Original Mortgage
$457,934
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Nov 1, 2017
Closed on
Feb 5, 2018
Sold by
Offerpad Llc
Bought by
Vantage Retirement Plans Llc and James R Mills Ira
Seller's Agent
Brian Bair
OfferPad Brokerage, LLC
Buyer's Agent
Joanne Mills
HomeSmart
List Price
$404,900
Sold Price
$392,000
Premium/Discount to List
-$12,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.24%

Purchase Details

Closed on
Aug 17, 2017
Sold by
Fennig Bruce and Fennig Janice A
Bought by
Offerpad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2001
Sold by
Morian Susan E
Bought by
Fennig Bruce and Fennig Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 1998
Sold by
Security Title Agency
Bought by
Reznick Steven L and Reznick Joanne Roberts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,817
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1997
Sold by
Dmb Property Ventures Ltd Partnership
Bought by
Earlie Homes & Associates Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gallagher Robert J $517,500 Old Republic Title Agency
Vantage Retirement Plans Llc $392,000 First American Title Insuran
Offerpad Llc $372,000 First American Title Insuran
Fennig Bruce $238,000 Capital Title Agency
Reznick Steven L $165,817 Security Title Agency
Earlie Homes & Associates Inc $139,880 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Robert J $457,934
Previous Owner Offerpad Llc $15,000,000
Previous Owner Fennig Bruce $190,400
Previous Owner Reznick Steven L $145,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $517,500 -3.3% $194 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $535,000 -0.8% $201 / Sq Ft
05/25/2018 05/25/18 Price Changed $539,500 -1.0% $202 / Sq Ft
05/15/2018 05/15/18 Price Changed $545,000 -0.9% $204 / Sq Ft
05/06/2018 05/06/18 For Sale $550,000 +40.3% $206 / Sq Ft
02/23/2018 02/23/18 Sold $392,000 -2.0% $147 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $399,900 -0.5% $150 / Sq Ft
12/05/2017 12/05/17 Price Changed $401,900 -0.7% $151 / Sq Ft
11/01/2017 11/01/17 For Sale $404,900 -- $152 / 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 $2,367 $39,184 -- --
2024 $2,948 $37,318 -- --
2023 $2,948 $51,560 $10,310 $41,250
2022 $2,845 $38,360 $7,670 $30,690
2021 $2,982 $35,460 $7,090 $28,370
2020 $2,968 $34,150 $6,830 $27,320
2019 $2,855 $31,930 $6,380 $25,550
2018 $3,281 $31,180 $6,230 $24,950
2017 $2,576 $29,370 $5,870 $23,500
2016 $2,482 $30,810 $6,160 $24,650
2015 $2,405 $28,460 $5,690 $22,770
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joanne Mills

    HomeSmart

    (480) 704-3012

    35 Total Sales

    Joanne Mills
    Section Image

  • B

    Seller's Agent in 2018

    Brian Bair

    OfferPad Brokerage, LLC

  • Lori Hinkes

    Buyer's Agent in 2018

    Lori Hinkes

    HomeSmart

    (480) 223-2735

    12 Total Sales

    Lori Hinkes
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5762373

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-74-358

Arizona Maricopa County Chandler 85248

701 W Cherrywood Dr, Chandler, AZ

This home is located at 701 W Cherrywood Dr, Chandler, AZ 85248 since 07 May 2018 and is currently estimated at $779,049, approximately $292 per square foot. This property was built in 1998. 701 W Cherrywood Dr is a home located in Maricopa County with nearby schools including Jacobson Elementary School, Hamilton High School, and Bogle Junior 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.

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

Nearby Homes