$815,000
SOLD OCT 31, 2025
-- Bed
-- Bath
4,110 Sq Ft
0.52 Acres

Recently Sold

$198 Per Sq Ft

9% Below List Price

29 Days on Market

Highlights

  • 0.52 Acre Lot
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of October 2025

Welcome to the Historic Los Olivos Neighborhood. This unique half acre multi-use property was built in 1930. Its Residential Office zoning designation allows it be used for a variety of office uses, as a residential home or a combination of both. While you'll love the vintage 1930s charm, the property is not historically designated which allows you the flexibility of customizing it as you see fit. These properties rarely come up for sale. Come see life on Palm Lane today!

Last Agent to Sell the Property

Hank Gries

RETSY License #BR511847000 Listed on: 10/01/2025

RETSY

Last Buyer's Agent

Bryan Vasquez

eXp Realty License #BR533332000

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,078

Year Built

  • Built in 1930

Lot Details

  • 0.52 Acre Lot
  • Block Wall Fence
  • Property is zoned R-O

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,110 Sq Ft Home
  • Concrete Flooring

Parking

  • 31 Open Parking Spaces
  • 33 Parking Spaces
  • 2 Covered Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 118-54-017

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 75' x 303'
  • Los Olivos 22 Thru 29, 32, 27 Subdivision

Building Details

  • Operating Expense $11,078

Property Details

Property Type

Other

Est. Annual Taxes

$11,078

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: 7th Street & McDowell
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-O
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2023
  • Lot Size Acres: 0.52
  • Subdivision Name: LOS OLIVOS 22 THRU 29, 32, 27
  • Structure Type: Office
  • Construction Brick: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 4110.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Block, Brick
  • Roof: Tile, Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 31.0
  • Total Parking Spaces: 33.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 31.0
  • General Property Description:Total Parking Spcs: 33.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: 75' x 303'
  • Lot Size Sq Ft: 22837.0
  • Parcel #: 118-54-017

Multi Family

  • Annual Operating Expense: 11078.0

Tax Info

  • Tax Annual Amount: 11078.0
  • Tax Book Number: 118.00
  • Tax Lot: 36
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2013
Sold by
Washington Federal
Bought by
Palm Wind Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$301,293
Interest Rate
3.36%
Mortgage Type
Commercial
Estimated Equity
$575,370

Purchase Details

Closed on
Aug 12, 2011
Sold by
Cleland Holdings Llc
Bought by
Western National Bank Na

Purchase Details

Closed on
Feb 1, 2002
Sold by
Zufelt Ronald B and Estate Of Diane Ellen Sieracke
Bought by
Cleland Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
6.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $340,000 Clear Title Agency Of Arizon
Trustee Deed $425,000 None Available
Warranty Deed $327,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 Commercial
Previous Owner $387,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $815,000 -9.4% $198 / Sq Ft
10/01/2025 10/01/25 Price Changed $900,000 0.0% $219 / Sq Ft
10/01/2025 10/01/25 For Sale $900,000 0.0% $219 / Sq Ft
09/08/2025 09/08/25 Price Changed $900,000 0.0% $219 / Sq Ft
09/08/2025 09/08/25 For Sale $900,000 0.0% $219 / Sq Ft
08/23/2025 08/23/25 Price Changed $900,000 +5.9% $219 / Sq Ft
08/16/2025 08/16/25 Price Changed $850,000 -5.6% $207 / Sq Ft
07/03/2025 07/03/25 Price Changed $900,000 0.0% $219 / Sq Ft
07/03/2025 07/03/25 For Sale $900,000 0.0% $219 / Sq Ft
06/27/2025 06/27/25 Price Changed $900,000 0.0% $219 / Sq Ft
06/27/2025 06/27/25 For Sale $900,000 0.0% $219 / Sq Ft
06/12/2025 06/12/25 Price Changed $900,000 0.0% $219 / Sq Ft
06/12/2025 06/12/25 For Sale $900,000 0.0% $219 / Sq Ft
05/31/2025 05/31/25 Price Changed $900,000 0.0% $219 / Sq Ft
05/31/2025 05/31/25 For Sale $900,000 0.0% $219 / Sq Ft
11/20/2024 11/20/24 For Sale $900,000 0.0% $219 / Sq Ft
10/01/2024 10/01/24 For Sale $900,000 -- $219 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,184 $78,733 -- --
2024 $11,078 $77,327 -- --
2023 $11,078 $125,154 $99,246 $25,908
2022 $10,999 $99,383 $78,313 $21,070
2021 $11,228 $105,732 $80,550 $25,182
2020 $11,358 $91,656 $51,858 $39,798
2019 $11,339 $85,140 $41,778 $43,362
2018 $11,146 $80,190 $37,296 $42,894
2017 $10,887 $68,868 $38,862 $30,006
2016 $10,575 $57,096 $35,136 $21,960
2015 $5,897 $47,900 $9,580 $38,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6764398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-017