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20988 East Cherrywood Drive

20988 East Cherrywood Drive, Queen Creek, AZ 85142
Sold Aug 05, 2020
Transfer
$302,505 by United Wholesale Mortgage
Mortgage Due Aug 01, 2050
Sold Nov 26, 2019
$289,900
$299,466 by Loandepot.com Llc
Mortgage Due Dec 01, 2049
Local assessors in Queen Creek, AZ have categorized 20988 East Cherrywood Drive as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 4,950 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20988 East Cherrywood Drive has a total of 2,105 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $289,900 in Oct 24, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,239 in taxes each year. 20988 East Cherrywood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,510. If we break it down further, the land itself was valued at $7,100. Improvements to the property, however, were assessed at a total of $28,410. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 2,105
  • Gross Building Area: 2,105
  • Building Area: 2,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,105
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HASTINGS FARMS PARCEL H
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HASTINGS FARMS PARCEL H MCR 939-47

Ownership

  • Current Owner : GARCIA ARGEL GABRIEL
  • Current Owner 2: GARCIA MARIBEL
  • Previous Owner : GARCIA ARGEL GABRIEL
  • Previous Owner 2: GARCIA MARIBEL
  • Owner Before Previous Owner: OFFERPAD SPVBORROWR1 LLC
  • Ownership Rights Codes: Community Property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Queen Creek Unified District
  • Census Tract: 817101

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 93947
  • Parcel: 314-09-529
  • Lot: 176
  • Meridian: SEC 27 TWN 2S RNG 7E
  • Municipality: QUEEN CREEK
  • Latitude: 33.234
  • Longitude: -111.63

    Address

  • Full Address: 20988 E Cherrywood Dr
  • Address - House Number: 20988
  • Street Direction: E
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Queen Creek
  • Carrier Code: R008
  • 4-Digit Zip Code: 5029
  • Zip Code: 85142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,239
  • Tax Rate Code Area: 952507

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 501,029
  • High Value: 574,647
  • Low Value: 427,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,505
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $302,505
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $355,100
  • Market Land Value: $71,000
  • Market Improvement Value: $284,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,510
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $28,410

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11776578639
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20200709129
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Oct 24, 2019
  • Previous Sale Amount: $289,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $302,505
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Nov 26, 2019
  • Previous Mortgage Loan Amount: $299,466
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Hastings Farms



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Frequently Asked Questions

What neighborhood is 20988 East Cherrywood Drive located in?
The 20988 East Cherrywood Drive is a house located in the neighborhood of Hastings Farms in Hastings Farms, Queen Creek.
What is the average sales price for listings in 20988 East Cherrywood Drive?
The average sales price for units in 20988 East Cherrywood Drive is $0 currently.

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