$725,000
$25K PRICE DROP

721 W Cherrywood Dr Chandler, AZ 85248

Estimated payment $4,354/month

Total Views 4,904
3 Beds
2 Baths
2,666 Sq Ft
$272 Price per Sq Ft

Highlights

  • Wood Flooring
  • Granite Countertops
  • Raised Toilet
  • Jacobson Elementary School Rated A
  • Cooling Available
  • Kitchen Island

About This Home

This 2,600+ sq. ft. home offers 3 bedrooms, a versatile den, and generous space to live, work, and entertain. The kitchen is ideal for casual meals or gatherings, and the backyard is a serene escape—complete with a Mediterranean-inspired fountain, patio, and space to relax.
Enjoy being just minutes from golf, scenic walking trails, and a tranquil community lake. This home blends comfort, convenience, and timeless style in one of the area's most desirable neighborhoods. A rare find in today's market—don't miss your chance to make it yours.

Listing Agent

Andrea Serrano

Compass License #SA680592000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1998

Lot Details

  • 7,806 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 2,666 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tinted Windows

Kitchen

  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • No or Low VOC Paint or Finish

Schools

  • Chandler Traditional Academy - Independence Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

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

Additional Features

  • Raised Toilet
  • Outdoor Storage

Community Details

  • Association fees include ground maintenance, street maintenance
  • Oakwood Lakes Association, Phone Number (480) 757-2811
  • Built by Earlie Homes
  • Oakwood Lakes Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 303-74-360

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 1998

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Cross Street: Chandler Heights & Alma School 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: 85.04
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Updated Roof: Partial
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2024
  • Directions: South on Alma School Rd from AZ 202. Left on W Chandler Hgts. Right at Tumbleweed Ln. Right at Cherrywood Dr. This mediterranean dream is the third house on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: OAKWOOD LAKES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 255.11
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Accessibility Features: Bath Raised Toilet
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2666.0
  • Stories: 1
  • Window Features: Solar Screens, Tinted Windows
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Low VOC Paint, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Amenities: Management
  • Association Fee: 255.11
  • Association Fee Frequency: Quarterly
  • Association Name: Oakwood Lakes
  • Phone: 480-757-2811
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Oakwood Lakes
  • Association Fees:HOA Telephone4: 480-757-2811
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 255.11
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Chandler Traditional Academy - Independence
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7806.0
  • Parcel #: 303-74-360
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Earlie Homes

Tax Info

  • Tax Annual Amount: 2659.0
  • Tax Book Number: 303.00
  • Tax Lot: 38
  • Tax Map Number: 74.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,659 $34,600 -- --
2024 $2,603 $32,953 -- --
2023 $2,603 $47,000 $9,400 $37,600
2022 $2,512 $34,950 $6,990 $27,960
2021 $2,633 $32,360 $6,470 $25,890
2020 $2,621 $31,000 $6,200 $24,800
2019 $2,521 $28,770 $5,750 $23,020
2018 $2,441 $27,920 $5,580 $22,340
2017 $2,275 $26,120 $5,220 $20,900
2016 $2,192 $27,070 $5,410 $21,660
2015 $2,124 $25,060 $5,010 $20,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Price Changed $725,000 -3.3% $272 / Sq Ft
02/25/2025 02/25/25 For Sale $750,000 -- $281 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $175,198 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,276 FHA
Closed $279,860 FHA
Closed $275,742 FHA
Closed $100,000 Credit Line Revolving
Closed $57,000 Credit Line Revolving
Closed $184,229 Unknown
Closed $166,438 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6826304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-74-360