18145 E CHERRY HILLS Place, Queen Creek, AZ 85142, Queen Creek, 85142 - 3 bed, 2 bath
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Queen Creek, AZ 85142
This Move-In Ready Ranch Style Home is a Strong Value Opportunity, listed at $725,000—positioned well below the $722,889 Fair Market Value (priced at market stability). Featuring a Fair Condition Rating with original finishes, the property offers significant potential for cosmetic modernization. The expansive 1.01-acre lot with No HOA provides rare flexibility for animal owners, while the proximity to Top-Rated Schools like Basha High adds long-term appeal. This is an ideal acquisition for Owner-Occupants seeking space or Value-Add Investors looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18145 E CHERRY HILLS Place Subject | $725,000* List Price | 3 | 2 | 1,900 | $371 | - |
A 25412 S 183RD Place Sold | $815,000 | 3 | 2 | 1,985 | $411 | 0.2 mi |
B 18519 E LAWNDALE Place Sold | $723,600 | 3 | 2 | 2,170 | $333 | 0.4 mi |
C 26027 S VALENCIA Avenue Sold | $792,000 | 4 | 2 | 1,714 | $462 | 0.4 mi |
D 25722 S 179th Street Active | $754,900 List Price | 3 | 2 | 1,800 | $419 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 24-year-old home falls into the 'Fair' category as it exceeds the 20-year threshold without significant modern renovations. While the property is well-maintained and 'move-in ready,' the kitchen and bathrooms feature original oak cabinetry, dated countertops, and older fixtures that reflect its age and will eventually require updating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43778, living area = 1900.
The property sits on a generous 1.01-acre lot with no HOA, offering rare flexibility for horse owners, animal lovers, or those seeking privacy without restrictive covenants.
Featuring a 3-car garage and a dedicated RV gate, this home provides excellent space for vehicles, trailers, and outdoor equipment, catering to an active lifestyle.
With a list price of $725,000 for 1,900 square feet, the property commands a high price per square foot that may be a point of negotiation for value-conscious buyers.
The property recently fell out of contract, which can sometimes lead to increased buyer caution regarding potential underlying inspection or appraisal issues.
PLEASE DISCARD DAYS ON MARKET-home fell out of contract! Welcome to this move-in ready ranch style home sitting on 1.01 acres with NO HOA! This property is perfect for horses, animals, or whatever you make of it! This home has a 3-car garage and an RV Gate.
No exterior & parking available.
Grades PK-6 • 2.9 mi
Grades PK-5 • 2.9 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,900 | - |
| Lot Size | 43,778 | - |
| Price | $725.0K | $615.1K |
| Price per sq ft | $382 | $257 |
| Built year | 2002 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 2498 |
Jun 15, 2026
$725,000
Initial Listing