Seller's Agent in 2025
lisa brown
HomeSmart
(602) 339-3567
1 in this area
70 Total Sales
361 E Palm Ln Phoenix, AZ 85004
Alvarado Historic District Neighborhood
2
Beds
2
Baths
1,684
Sq Ft
2,509
Sq Ft Lot
Highlights
- The property is located in a historic district
- Property is near public transit
- Granite Countertops
- Phoenix Coding Academy Rated A
- Santa Fe Architecture
- Community Pool
About This Home
As of August 2025Rare 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!
Last Agent to Sell the Property
HomeSmart Brokerage Phone: 602-339-3567 License #SA652637000 Listed on: 06/25/2025
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Jul 30, 2025
Sold by
Palmer Family Revocable Trust and Palmer Marla Rill
Bought by
Hancock Lawrence
Seller's Agent
lisa brown
HomeSmart
Buyer's Agent
Carla England
eXp Realty
List Price
$595,000
Sold Price
$570,800
Premium/Discount to List
-$24,200
-4.07%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.55%
Purchase Details
Closed on
Aug 28, 2020
Sold by
Palmer Marla R
Bought by
Palmer Marla Rill and The Palmer Family Revocable Tr
Purchase Details
Closed on
Jun 19, 2013
Sold by
Pesarcyk Jack E
Bought by
Palmer Marla R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2002
Sold by
Mohr Irene K and Irene List Mohr Family Residen
Bought by
Pesarcyk Jack E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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 | $570,800 | Empire Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $294,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $150,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $235,200 | New Conventional | |
| Previous Owner | $120,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $570,800 | -4.1% | $339 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $595,000 | -- | $353 / 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 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
lisa brown
-
Carla England
Buyer's Agent in 2025
Carla England
eXp Realty
(602) 723-0941
1 in this area
27 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6874529
APN: 118-54-073
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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