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Sold for $590,000
    • $590,000

    721 W CHERRYWOOD Drive, Chandler, AZ 85248

    3beds
    2,417sqft
    Single Family Residence
    Built in 1998
    7,806 Square Feet Lot
    $590,600 Zestimate®
    $244/sqft
    $3,071 Estimated rent

    Home value

    $590,600

    $537,000 - $650,000

    $3,071/mo

    Zestimate® history
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    What's special

    NEW PRICE: $619,900. This is an exceptional value opportunity! Compare this spacious home to the highly similar property that recently sold for $698k. Sellers offer a GENEROUS $15,000 CLOSING COST CREDIT to the buyer at COE. This credit gives the buyer immediate financial flexibility for a rate buydown, covering closing costs, or any buyer costs and considerations. The home features a beautifully updated kitchen with granite and butcher block, newer appliances, and a superior backyard with turf and patio. Located in a quiet, desirable neighborhood near Intel, BASIS schools, golf, and shopping. Secure prime location and strong value. Seller is committed to a quick sale; submit your best offer by Monday, 11/17 at 5PM to guarantee the credit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea M Serrano 480-390-1383,

    Compass

    Bought with:

    Xiaohu Zhang, SA674826000

    HomeSmart

    Source: ARMLS,MLS#: 6916180MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • ENERGY STAR Qualified Equipment, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
    Appliances
    • Included: Dryer, Washer, Reverse Osmosis, Refrigerator, Dishwasher, Disposal, Water Purifier
    • Laundry: Inside, Engy Star (See Rmks)
    Features
    • Pantry, High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Tile, Wood
    • Windows: Tinted Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,417
    • Total interior livable area: 2,417 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Storage
    • Garage spaces: 3
    Accessibility
    • Accessibility features: Bath Raised Toilet
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Storage
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 7,806 Square Feet
    • Features: North/South Exposure, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
    Details
    • Parcel number: 30374360

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Low VOC Paint, Painted
    • Roof: Tile
    Condition
    • Year built: 1998
    Details
    • Builder name: Earlie Homes

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Lake
    • Subdivision: OAKWOOD LAKES
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $255 quarterly
    • HOA name: Oakwood Lakes
    • HOA phone: 480-757-2811
    Location
    • Region: Chandler

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $493,700
    • Annual tax amount: $2,659
    • Date on market: 9/12/2025
    • Cumulative days on market: 71 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/18/2026Listing removed$2,895$1/sqft
    Source: Zillow Rentals Report a problem
    1/5/2026Listed for rent$2,895$1/sqft
    Source: Zillow Rentals Report a problem
    12/16/2025Sold$590,000-4.8%$244/sqft
    Source: ARMLS #6916180 Report a problem
    11/26/2025Pending sale$619,900$256/sqft
    Source: ARMLS #6916180 Report a problem
    11/12/2025Price change$619,900-0.8%$256/sqft
    Source: ARMLS #6916180 Report a problem
    10/23/2025Price change$625,000-2.2%$259/sqft
    Source: ARMLS #6916180 Report a problem
    10/12/2025Price change$639,000-1.5%$264/sqft
    Source: ARMLS #6916180 Report a problem
    9/24/2025Listed for sale$649,000$269/sqft
    Source: ARMLS #6916180 Report a problem
    9/21/2025Pending sale$649,000$269/sqft
    Source: ARMLS #6916180 Report a problem
    9/12/2025Listed for sale$649,000-3.9%$269/sqft
    Source: ARMLS #6916180 Report a problem
    7/1/2025Listing removed$675,000$279/sqft
    Source: ARMLS #6826304 Report a problem
    6/16/2025Price change$675,000-3.6%$279/sqft
    Source: ARMLS #6826304 Report a problem
    5/27/2025Price change$699,900-3.5%$290/sqft
    Source: ARMLS #6826304 Report a problem
    3/7/2025Price change$725,000-3.3%$300/sqft
    Source: ARMLS #6826304 Report a problem
    2/25/2025Listed for sale$750,000$310/sqft
    Source: ARMLS #6826304 Report a problem
    2/21/2025Listing removed$750,000$310/sqft
    Source: ARMLS #6818251 Report a problem
    2/11/2025Listed for sale$750,000+328.1%$310/sqft
    Source: ARMLS #6818251 Report a problem
    7/8/1998Sold$175,198$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,678 +1.4%$49,370 -9.2%
    2024$2,642 +2.1%$54,380 +73.3%
    2023$2,588 +3%$31,384 -10.2%
    2022$2,512 -4.2%$34,950 +8%
    2021$2,621 +4%$32,360 +4.4%
    2020$2,521 +3.3%$31,000 +7.8%
    2019$2,441 $28,770 +3%
    2018$2,441 +7.3%$27,920 +6.9%
    2017$2,275 +7.1%$26,120 -3.5%
    2016$2,124 -0.5%$27,070 +8%
    2015$2,135 $25,060 +23.9%
    2014-- $20,230 +5.3%
    2013-- $19,210 -1.5%
    2012-- $19,510 -5.4%
    2011-- $20,630 -5.7%
    2010-- $21,870 -24.5%
    2009-- $28,950 -10.9%
    2008-- $32,500 +12.5%
    2007-- $28,900 +51.7%
    2006-- $19,050
    2005-- $19,050 +2.1%
    2004-- $18,650
    2003-- $18,650 +15.8%
    2002-- $16,100
    Find assessor info on the county website

    Neighborhood: Sun Lakes

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chandler Traditional Academy - Independence
    • Middle: Bogle Junior High School
    • High: Hamilton High School
    • District: Chandler Unified District #80

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $590,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $590,600

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