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$1,850,000

Beds
7
Baths
5.5
sq ft
5,031

20061 East Cherrywood Court, Queen Creek, AZ 85142

20061 East Cherrywood Court

Queen Creek, AZ 85142

  • 38 days on market
Welcome to this breathtaking VIP custom home, a rare gem with 12ft ceilings, nestled in the heart of Queen Creek! Thoughtfully designed for family, comfort, and effortless entertaining, this expansive residence boasts 7 spacious bedrooms and 5.5 bathrooms, including convenient Jack-and-Jill bathrooms on both the upper level and basement. Step inside and be captivated by upgraded flooring that leads you to an expansive, open-concept kitchen, where granite countertops, modern finishes, a dual dishwasher, and an ice maker create the ultimate gathering spot. The seamless flow into the living area enhances the home's warm and inviting atmosphere. Plus, an additional flex room offers the perfect space for a home office or creative retreat. Soaring high ceilings add to the grandeur, and the extra-large laundry room with dual washers and dryers makes daily life effortless. This home also features a second full en suite bedroom upstairs, perfect for guests or multi-generational living. Mechanical blinds add convenience and elegance, allowing for effortless light control. Storage is never a concern with endless built-ins throughout and a vast climate-controlled RV garage, complete with a bathroomideal for pool guests too! Outside, your private backyard paradise awaits! Enjoy friendly matches on your private pickleball and basketball court, jump into fun with a sunken trampoline, or unwind in the sparkling pool and jacuzzi. Entertainment lights wrap around the home, creating the perfect ambiance for any time of yearespecially during the holidays. Hosting is a breeze on the oversized covered patio, complete with built-in speakers for the ultimate outdoor experience or a quiet evening under the stars. Don't miss your opportunity to own this stunning retreat!

Details

Property type

Single Family Residence

Est. home value

$1,613,593

Lot size

0.41 acres

Price per sq ft

$368

Year built

2020

Annual property taxes

$6,641

Monthly HOA fee

$230

Price History

02/26/2025
ArizonaRegional

ArizonaRegional #6822899

Listed
$1,850,000
+19.35%
07/11/2023
ArizonaRegional

ArizonaRegional #6560607

Sold
$1,550,000
+24.18%
12/14/2020
ArizonaRegional

ArizonaRegional #5927061

Sold
$1,248,230

Schools & Community

Elementary school: 

Queen Creek Elementary School

Middle school: 

Queen Creek Junior High School

High school: 

Queen Creek High School

Community features: 

Sidewalks

High school district: 

Queen Creek Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$660,791
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$1,041,209
Cash to seller
$660,791

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nova Financial & Investment Corp

Loan start date

June 2023

Original loan amount

$1,063,125

Est. remaining balance

$1,041,209

Interest rate

6.35%

Loan type

VA, 30 year

Seller

Carianna R Rath and Greg M Shaffer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 3:20 AM

Listing updated: 03/31/2025 at 11:06 AM

Listed by: Caleb J Rath, RE/MAX Alliance Group Phone #: (480) 892-5300

MLS: ArizonaRegional #6822899

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