20988 E Cherrywood Drive, Queen Creek, AZ 85142, Queen Creek, 85142 - 4 bed, 3 bath
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Queen Creek, AZ 85142
This Move-In Ready Residence is a Strong Value Opportunity, listed at $460,000—positioned well below the $485,013 Fair Market Value by 5%. This valuation gap delivers $25,013 in Instant Equity. The property features a rare 2.25% VA Assumable Loan, an upgraded kitchen with a gas range, a covered patio, and a Condition Rating of 3. Proximity to Top-Rated Schools like Frances Brandon-Pickett Elementary and Queen Creek High School ensures long-term desirability. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors seeking immediate net worth growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20988 E Cherrywood Drive Subject | $460,000* List Price | 4 | 3 | 2,105 | $230 | - |
A 21144 E Creekside Drive Sold | $490,000 | 5 | 3 | 2,294 | $214 | 0.2 mi |
B 22675 S 212TH Street Sold | $520,000 | 4 | 4 | 2,288 | $227 | 0.7 mi |
C 21082 E VIA DEL SOL -- Sold | $465,000 | 3 | 2 | 1,638 | $284 | 0.1 mi |
D 22219 S 211TH Way Sold | $399,999 | 4 | 3 | 2,244 | $178 | 0.9 mi |
E 23025 S 215TH Street Sold | $471,000 | 4 | 2 | 2,038 | $231 | 0.8 mi |
F 23658 S 210TH Place Pending | $535,000 List Price | 4 | 3 | 2,105 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2013, placing it within the 10 to 20-year age range for a 'good' rating. It is move-in ready and well-maintained, featuring an upgraded kitchen with granite countertops, stainless steel appliances, and a gas range. The interior shows minimal wear with clean carpeting, neutral paint, and modern tile flooring. Additional features like the epoxy garage floors and functional layout further support this condition score.
The property features a VA Assumable Loan at a 2.25% interest rate, offering a rare and significant financial advantage that provides substantial monthly savings compared to current market rates.
Built in 2013, this well-maintained home is clean and upgraded, featuring a modern kitchen with a gas range, epoxy garage floors with cabinets, and a low-maintenance rocked backyard.
The inclusion of an RV gate for smaller trailers and a highly functional garage setup provides superior storage options and utility for homeowners with outdoor equipment.
With a lot size of 4,950 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large private yard or extensive garden space.
All four bedrooms and the laundry room are located on the second floor, which may not appeal to buyers looking for a ground-floor primary suite or single-level accessibility.
Great Queen Creek location in Hastings Farms, just 2 miles south of all the shopping and retail. Nice, clean, move-in-ready house with 4 large bedrooms, 2 full baths, and laundry upstairs. Upgraded kitchen with a gas range that is large and open to the great room. Garage with epoxy floor and cabinets. Clean, open back yard that was rocked, RV gate on the side for your smaller trailers or stuff. This has a VA Assumable Loan 2.25%.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades 5-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,105 | - |
| Lot Size | 4,950 | - |
| Price | $460.0K | $615.1K |
| Price per sq ft | $219 | $257 |
| Built year | 2013 | 0 |
| HOA | $126 | $0 |
| Days on market | 129 | 2498 |
Mar 16, 2026
$460,000
Initial Listing