NOT LISTED FOR SALE

851 W Cherrywood Dr Chandler, AZ 85248

Estimated Value: $564,000 - $686,000

4 Beds
2 Baths
2,085 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $598,000 $287 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,503/month

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Private Yard
  • Jacobson Elementary School Rated A
  • Spanish Architecture
  • Eat-In Kitchen

About This Home

As of February 2024

AMAZING LOCATION! Remodeled ranch style bungalow in a desirable community in Chandler! The home has ceramic tiles, open kitchen with island, newer appliances, fresh paint, covered patio, large yard, three car garage and more. Close to A-rated, schools, Tech Corridor, commuter highways, amenities and more. Perfect investment home or family dwelling for the family with discerning taste!

Last Agent to Rent the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 12/16/2023

Last Renter's Agent

Behaylu Nemomsa

Valley King Properties, LLC License #SA696339000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1998

Lot Details

  • 7,632 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Schools

  • Ira A. Fulton Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Patio

Community Details

  • Property has a Home Owners Association
  • Tbc Association
  • Built by TBC
  • Oakwood Lakes Subdivision
  • Community Lake

Listing and Financial Details

  • Property Available on 12/18/23
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 66
  • Assessor Parcel Number 303-74-388

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

Built in 1998

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2023-12-18

Listing Details

  • Cross Street: CHANDLER HIGHTS RD/ALMA SCHOOL RD
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Rental Info H O A Name: TBC
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Oakwood Lakes
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Separate Shwr & Tub
  • Living Area: 2085.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Grass Back
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Name: TBC
  • Phone: TBC
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size Sq Ft: 7632.0
  • Parcel #: 303-74-388

Building Info

  • Builder Name: TBC

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 66
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 17, 2022
Sold by
Skyline Ii Llc
Bought by
Tayal Sanjaya
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Brenda Austin
Century 21 Arizona Foothills
Sold Price
$3,395
Current Estimated Value
$608,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,470
Avg. Annual Appreciation
1.54%
Original Mortgage
$478,400
Outstanding Balance
$448,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$182,338

Purchase Details

Listed on
Jul 5, 2020
Closed on
Nov 18, 2020
Sold by
Patel Rakesh and Patel Paulomi
Bought by
Skyline Ii Llc
Seller's Agent
Parul Tailor
Realty ONE Group
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$428,000
Sold Price
$415,000
Premium/Discount to List
-$13,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.74%
Original Mortgage
$310,875
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
Southstar I Llc
Bought by
Patel Rakesh and Patel Paulomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2007
Sold by
Chon James Yong Chom and Chon Miseon Michelle
Bought by
Merrill Lynch Mortgage Lending Inc

Purchase Details

Closed on
Nov 28, 2000
Sold by
Chon Yong Chom
Bought by
Chon James Yong Chom and Chon Miseon Michelle

Purchase Details

Closed on
Nov 1, 2000
Sold by
Melcher Roger L and Melcher Sharon A
Bought by
Chon Yong Chom

Purchase Details

Closed on
Oct 27, 2000
Sold by
Chon Mi Seon
Bought by
Chon Yong Chom

Purchase Details

Closed on
Oct 13, 1998
Sold by
Security Title Agency
Bought by
Melcher Roger L and Melcher Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.71%
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 Buyer Sale Price Title Company
Tayal Sanjaya $598,000 Magnus Title
Skyline Ii Llc $414,500 Security Title Agency
Patel Rakesh $246,500 None Available
Southstar I Llc -- None Available
Merrill Lynch Mortgage Lending Inc $186,501 None Available
Chon James Yong Chom -- --
Chon Yong Chom $180,000 Fidelity National Title
Chon Yong Chom -- Fidelity National Title
Melcher Roger L $161,599 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tayal Sanjaya $478,400
Closed Tayal Sanjaya $478,400
Previous Owner Skyline Ii Llc $310,875
Previous Owner Patel Rakesh $170,000
Previous Owner Patel Rakesh J $188,000
Previous Owner Patel Rakesh $197,200
Previous Owner Chon James Yong Chom $192,750
Previous Owner Chon James Yong Chom $98,250
Previous Owner Chon James Yong Chom $172,500
Previous Owner Melcher Roger L $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Rented $2,795 0.0% --
02/20/2024 02/20/24 Under Contract -- -- --
02/17/2024 02/17/24 Price Changed $2,795 -6.7% $1 / Sq Ft
01/25/2024 01/25/24 Price Changed $2,995 -11.8% $1 / Sq Ft
12/16/2023 12/16/23 For Rent $3,395 -22.8% --
04/01/2023 04/01/23 Rented $4,395 +12.8% --
03/03/2023 03/03/23 Under Contract -- -- --
02/17/2023 02/17/23 For Rent $3,895 +14.7% --
03/22/2022 03/22/22 Rented $3,395 0.0% --
03/21/2022 03/21/22 Under Contract -- -- --
03/12/2022 03/12/22 Price Changed $3,395 0.0% $2 / Sq Ft
03/04/2022 03/04/22 Sold $598,000 0.0% $287 / Sq Ft
03/03/2022 03/03/22 Price Changed $3,495 0.0% $2 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/31/2022 01/31/22 For Rent $3,695 0.0% --
01/20/2022 01/20/22 For Sale $599,900 +44.6% $288 / Sq Ft
11/19/2020 11/19/20 Sold $415,000 -1.2% $199 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $419,900 -1.9% $201 / Sq Ft
07/05/2020 07/05/20 For Sale $428,000 0.0% $205 / Sq Ft
07/03/2018 07/03/18 Rented $2,125 +23.2% --
07/02/2018 07/02/18 Under Contract -- -- --
06/23/2018 06/23/18 For Rent $1,725 0.0% --
06/22/2018 06/22/18 Under Contract -- -- --
06/10/2018 06/10/18 For Rent $1,725 0.0% --
02/13/2018 02/13/18 Off Market $1,725 -- --
12/05/2017 12/05/17 For Rent $1,725 +6.2% --
11/29/2016 11/29/16 Rented $1,625 0.0% --
11/08/2016 11/08/16 Price Changed $1,625 -1.5% $1 / Sq Ft
11/08/2016 11/08/16 Price Changed $1,649 -1.6% $1 / Sq Ft
11/02/2016 11/02/16 Price Changed $1,675 -0.6% $1 / Sq Ft
10/25/2016 10/25/16 Price Changed $1,685 -0.6% $1 / Sq Ft
10/03/2016 10/03/16 For Rent $1,695 0.0% --
08/03/2016 08/03/16 Rented $1,695 0.0% --
07/26/2016 07/26/16 For Rent $1,695 +9.4% --
06/28/2014 06/28/14 Rented $1,549 0.0% --
06/27/2014 06/27/14 Under Contract -- -- --
05/12/2014 05/12/14 For Rent $1,549 +6.8% --
05/17/2013 05/17/13 Rented $1,450 -14.7% --
05/03/2013 05/03/13 Under Contract -- -- --
03/14/2013 03/14/13 For Rent $1,699 -- --
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 $2,308 $31,248 -- --
2024 $2,820 $29,760 -- --
2023 $2,820 $44,230 $8,840 $35,390
2022 $2,731 $32,810 $6,560 $26,250
2021 $2,807 $30,350 $6,070 $24,280
2020 $2,367 $28,820 $5,760 $23,060
2019 $2,276 $26,660 $5,330 $21,330
2018 $2,204 $25,680 $5,130 $20,550
2017 $2,055 $23,910 $4,780 $19,130
2016 $1,979 $24,460 $4,890 $19,570
2015 $1,918 $22,670 $4,530 $18,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6641366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-74-388