Tour
$7,944 Closing Credit¹
#6807136, Michael G Huber, Listing Office: Re/Max Fine Properties
$725,000 List price
721 W Cherrywood Dr Chandler, AZ 85248
$8,609
Closing credit¹
3 beds
2 baths
2,666 sqft
0.2 acres
$272 / sqft
House
Property details
About 721 W Cherrywood Dr
Rare 3.875% Assumable FHA Loan - Save Big on Monthly Payments! This 2,666 sq. ft. home in a sought-after community offers 3 bedrooms, a den, and plenty of space to live, work, and relax. The kitchen is perfect for everyday meals or entertaining, while the Mediterranean-inspired backyard features a peaceful fountain, patio, and room to unwind. Located minutes from golf, walking trails, and a community lake, this home offers both comfort and convenience. Take advantage of the low 3.875% assumable loan and save hundreds per month compared to today's rates. Don't miss this rare opportunity!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Size2,666 sqft
Lot size0.18 Acres
Year built1998
ParkingDirect Access, Attch'd Gar Cabinets
MLS #6826304
Garage3 spaces
Summary
- MLS Number: 6826304
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Compass
- Office Phone: (480) 776-1555
- Office Email: lexie@azhomes.com
- Listing Agent: Andrea M Serrano
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$725,000
721 W Cherrywood Dr
$8,609
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 08, 1998 | Home Sold | $175,200 |
| Mar 31, 1997 | Home Sold | $139,880 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $54,380 | $2,603 |
| 2023 | $47,000 | $2,511 |
| 2022 | $34,950 | $2,632 |
| 2020 | $31,000 | $2,620 |
| 2019 | $28,770 | $2,440 |
| 2017 | $26,120 | $2,274 |
History based on county public records data.
Nearby schools
7
Fulton Elementary School
Public District KG-6
0.4 mi
•4750 S Sunland Dr
10
Chandler Traditional Academy - Independence
Public District KG-6
0.9 mi
•1405 W Lake Dr
9
Basha Elementary School
Public District PK-6
1.5 mi
•3535 S Basha Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,333. The most common annual income of people living in Chandler, AZ is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
11%
<35k
47%
35k-100k
34%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
2%
Single, with Kids
60%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
5%
18-34 yrs old
34%
35-64 yrs old
51%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Golden Corral
What do the neighbors drive?
Lincoln
Cadillac
Mazda
What do the neighbors listen to?
Classical
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 721 W Cherrywood Dr
This home is located at 721 W Cherrywood Dr in Chandler, AZ and zip code 85248 in the Oakwood Lakes neighborhood. This 2,666 square foot home, which was built in 1998, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $725,000.
Over 38 listings were sold over their listed price in March 2025 in Chandler, AZ. In the same period over 161 listings were sold below the listed price and 68 listings were sold for the listed price. Between February and March 2025, Chandler, AZ real estate market has seen increase in the number of listings by 11.4%. Listings spent 55 days on the market in March 2025, and had a median list price of $535,104 during the same period.
From Rocket Homes Real Estate and based on county public records data.