
361 E Palm Ln Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated payment $3,934/month
Highlights
- The property is located in a historic district
- Property is near public transit
- Granite Countertops
- Emerson Elementary School Rated 9+
- Santa Fe Architecture
- Community Pool
About This Home
Rare opportunity in a remarkable location! Tucked away in a quintessential community of only 14 patio homes adjacent to the sought-after Los Olivos & Alvarado neighborhoods; turning into this private drive feels like entering a secret garden. Enter through custom & secure iron front gate courtyard. Spacious single level 2 bedroom, 2 bath unit with large living room, an extra den/office, plus large functional laundry room with extra storage. This turn-key home has been lovingly updated and well-maintained by the seller. BEAUTIFUL galley-style kitchen with granite countertops, Sub Zero fridge, stainless steel hood, soft close cabinets, and plenty of counter space! Timeless travertine tile floors in all the main spaces. Anderson windows & Doors, TRANE AC. Relax in the large primary suite with its lux ensuite bathroom, ample closet space & steel security screen door to back patio. Enjoy the community pool just a few steps from this unit. Prime central location; walk or bike to work or some of the best restaurants, shopping, entertainment, and museums in downtown Central Phoenix. See this hidden gem before it's gone!
Listing Agent
HomeSmart Brokerage Phone: 602-339-3567 License #SA652637000 Listed on: 06/25/2025

Open House Schedule
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Saturday, June 28, 20251:00 to 3:30 pm6/28/2025 1:00:00 PM +00:006/28/2025 3:30:00 PM +00:00Fantastic patio home in a prime location! Come see this property before it's gone!Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,484
Year Built
- Built in 1969
Lot Details
- 2,509 Sq Ft Lot
- Two or More Common Walls
- Desert faces the front and back of the property
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $330 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Santa Fe Architecture
- Patio Home
- Property Attached
- Tile Roof
- Built-Up Roof
- Foam Roof
- Stucco
Interior Spaces
- 1,684 Sq Ft Home
- 1-Story Property
- Fireplace
- Granite Countertops
- Washer and Dryer Hookup
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Location
- Property is near public transit
- Property is near a bus stop
- The property is located in a historic district
Schools
- Ralph Waldo Emerson Elementary School
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- No Interior Steps
- Patio
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 118-54-073
Community Details
Overview
- Association fees include pest control, trash, water, maintenance exterior
- Vision Community Mgt Association, Phone Number (480) 759-4945
- 353 371 East Palm Lane Lots 1 Thru 14 Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,484 | $29,149 | -- | -- |
2024 | $3,451 | $27,761 | -- | -- |
2023 | $3,451 | $42,230 | $8,440 | $33,790 |
2022 | $3,320 | $33,360 | $6,670 | $26,690 |
2021 | $3,323 | $32,370 | $6,470 | $25,900 |
2020 | $3,370 | $32,470 | $6,490 | $25,980 |
2019 | $3,371 | $30,210 | $6,040 | $24,170 |
2018 | $2,363 | $25,720 | $5,140 | $20,580 |
2017 | $2,275 | $21,700 | $4,340 | $17,360 |
2016 | $2,203 | $19,720 | $3,940 | $15,780 |
2015 | $2,009 | $19,050 | $3,810 | $15,240 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/25/2025 06/25/25 | For Sale | $595,000 | -- | $353 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $294,000 | Stewart Title & Trust Of Pho | |
Warranty Deed | $150,000 | Grand Canyon Title Agency In |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $258,000 | New Conventional | |
Closed | $270,000 | New Conventional | |
Closed | $235,200 | New Conventional | |
Previous Owner | $114,900 | Fannie Mae Freddie Mac | |
Previous Owner | $120,000 | New Conventional |
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6874529

APN: 118-54-073
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