Seller's Agent in 2025
Joe Bushong
Russ Lyon Sotheby's International Realty
(480) 287-5200
13 in this area
229 Total Sales
1838 Palmcroft Way NW Phoenix, AZ 85007
Encanto-Palmcroft Neighborhood
6
Beds
7
Baths
5,232
Sq Ft
0.38
Acres
Highlights
- Guest House
- Golf Course Community
- The property is located in a historic district
- Phoenix Coding Academy Rated A
- Heated Pool
- Two Primary Bathrooms
About This Home
As of March 2025Nestled in the heart of the prestigious Encanto/Palmcroft Historic District, this stunning 1937 home is a masterful blend of timeless charm and contemporary luxury. With a 2018 complete rebuild that honors its historic roots, this 5,200-square-foot residence sits on over 1/3 acre of beautifully landscaped grounds. Offering 5 bedrooms and 4.5 baths in the main house, plus an amazing full guest house/entertaining pavilion, this is truly one of the finest homes ever to hit the market in Encanto/Palmcroft. Enter through the classic foyer to the heart of the home- the stunning open kitchen, featuring a massive center island, built-in banquette, and top-of-the-line appliances. Stacking glass doors open the main living areas to a private patio, seamlessly blending the indoor and outdoor living. The butler's pantry with a built-in beverage refrigerator and separate walk-in pantry both offer additional storage and prep space, making this a perfect home for intimate family time or for hosting large gatherings.
The primary suite is truly a private retreat, with its own fireplace, a beautiful bath, sitting room/sun room with French doors to the private pool and yard, and a charming gallery space.
A separate dedicated exercise studio offers a private space for workouts, yoga, or spin. The home has an attached 2 car garage plus another gated one-car covered parking area, a workshop and gardening area.
Situated on one of the palm-lined circles in one of Phoenix's most desirable neighborhoods, this home offers a fantastic lifestyle with exceptional design, history and charm
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA558366000 Listed on: 01/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,992
Year Built
- Built in 1937
Lot Details
- 0.38 Acre Lot
- Block Wall Fence
- Artificial Turf
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 5,232 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- Low Emissivity Windows
- Living Room with Fireplace
- 3 Fireplaces
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 7 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Pool
- Heated Pool
- Fence Around Pool
Outdoor Features
- Patio
- Outdoor Storage
- Built-In Barbecue
Schools
- Kenilworth Elementary School
- Central High Middle School
- Central High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- Guest House
- The property is located in a historic district
Listing and Financial Details
- Tax Lot 205
- Assessor Parcel Number 111-08-062-A
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- Palmcroft Subdivision
Recreation
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2025
Closed on
Mar 5, 2025
Sold by
Alex & Kaitlin Melman Revocable Trust and Melman Alex
Bought by
Treiman Michael and Vasquez Andrea
Seller's Agent
Joe Bushong
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,235
Avg. Annual Appreciation
-8.02%
Original Mortgage
$2,320,000
Outstanding Balance
$2,302,309
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$421,456
Purchase Details
Closed on
Aug 23, 2021
Sold by
Melman Alex and Melman Kaitlin
Bought by
Melman Alex and Melman Kaitlin
Purchase Details
Closed on
Jul 19, 2017
Sold by
Melman Alex
Bought by
Melman Alex and The Alex Melman Revocable Trust
Purchase Details
Listed on
Jul 16, 2016
Closed on
May 8, 2017
Sold by
Alfred R French
Bought by
Melman Alex
Seller's Agent
Jan Ross
AZ Brokerage Holdings, LLC
Buyer's Agent
Alyssa Samuelson
Apartment Source
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%
Original Mortgage
$408,000
Interest Rate
4.02%
Purchase Details
Listed on
Jul 16, 2016
Closed on
Mar 24, 2017
Sold by
French Alfred R and French Mary J
Bought by
Melman Alex
Seller's Agent
Jan Ross
AZ Brokerage Holdings, LLC
Buyer's Agent
Alyssa Samuelson
Apartment Source
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.02%
Purchase Details
Closed on
Oct 21, 2011
Sold by
French Alfred Robert and French Mary Josephine
Bought by
French Alfred R and French Mary J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,900,000 | Ez Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Warranty Deed | $510,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,320,000 | New Conventional | |
| Previous Owner | $408,000 | No Value Available | |
| Previous Owner | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $2,900,000 | -3.3% | $554 / Sq Ft | |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- | |
| 01/01/2025 01/01/25 | For Sale | $3,000,000 | +488.2% | $573 / Sq Ft | |
| 03/29/2017 03/29/17 | Sold | $510,000 | +2.0% | $96 / Sq Ft | View Prior Sale |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- | |
| 02/18/2017 02/18/17 | Price Changed | $500,000 | -2.9% | $94 / Sq Ft | |
| 02/09/2017 02/09/17 | Price Changed | $514,900 | -3.8% | $97 / Sq Ft | |
| 01/28/2017 01/28/17 | For Sale | $535,000 | 0.0% | $101 / Sq Ft | |
| 11/14/2016 11/14/16 | Pending | -- | -- | -- | |
| 10/31/2016 10/31/16 | For Sale | $535,000 | 0.0% | $101 / Sq Ft | |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- | |
| 10/04/2016 10/04/16 | Price Changed | $535,000 | -17.7% | $101 / Sq Ft | |
| 08/30/2016 08/30/16 | Price Changed | $650,000 | -7.1% | $122 / Sq Ft | |
| 07/15/2016 07/15/16 | For Sale | $700,000 | -- | $132 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,364 | $44,805 | -- | -- |
| 2024 | $5,934 | $42,671 | -- | -- |
| 2023 | $5,934 | $58,400 | $11,680 | $46,720 |
| 2022 | $5,723 | $45,175 | $9,035 | $36,140 |
| 2021 | $5,680 | $46,235 | $9,245 | $36,990 |
| 2020 | $5,745 | $44,085 | $8,815 | $35,270 |
| 2019 | $5,736 | $41,330 | $8,265 | $33,065 |
| 2018 | $10,676 | $100,400 | $20,080 | $80,320 |
| 2017 | $9,733 | $100,260 | $20,050 | $80,210 |
| 2016 | $9,457 | $67,780 | $13,550 | $54,230 |
| 2015 | $8,616 | $70,300 | $14,060 | $56,240 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Bushong
-
Chad Christian Jr
Seller Co-Listing Agent in 2025
Chad Christian Jr
Russ Lyon Sotheby's International Realty
(480) 287-5200
13 in this area
66 Total Sales
-
Nicholas Yale
Buyer's Agent in 2025
Nicholas Yale
Brokers Hub Realty, LLC
(480) 620-8075
2 in this area
190 Total Sales
-
J
Seller's Agent in 2017
Jan Ross
Realty Executives
-
Robert Carlson
Seller Co-Listing Agent in 2017
Robert Carlson
Real Broker
(602) 402-1623
21 Total Sales
-
Alyssa Samuelson
Buyer's Agent in 2017
Alyssa Samuelson
Apartment Source
(480) 945-1111
71 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6790527
APN: 111-08-062A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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