541 W Palm Ln Phoenix, AZ 85003
Willo NeighborhoodEstimated payment $4,867/month
Highlights
- The property is located in a historic district
- 0.2 Acre Lot
- Wood Flooring
- Phoenix Coding Academy Rated A
- Contemporary Architecture
- Private Yard
About This Home
WELCOME TO WILLO! Located on the iconic Palm Lane, this rare historic property is zoned multi-family and offers TWO HOUSES! The main house features 3 bedrooms plus an office and 2 bathrooms. Beautiful archways, original niches, and beautiful historic details have been preserved throughout while also being modernized and enhanced with designer details. Large rooms, great storage and a fantastic floor plan with a massive primary suite. As you step outside, you'll discover a large covered patio, beautiful lush green landscaping & a complete SECOND HOME in the backyard with its own kitchen, bathroom, laundry and designated parking. This property is one of a kind and an amazing INVESTMENT opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,210
Year Built
- Built in 1940
Lot Details
- 8,715 Sq Ft Lot
- Block Wall Fence
- Private Yard
- Grass Covered Lot
Parking
- 5 Open Parking Spaces
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,382 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- Double Vanity
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- North or South Exposure
- The property is located in a historic district
Community Details
- No Home Owners Association
- Association fees include no fees
- North Kenilworth Blks 1 Through 8 Subdivision
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 118-57-037
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 | $2,210 | $15,559 | -- | -- |
| 2024 | $2,061 | $14,818 | -- | -- |
| 2023 | $2,061 | $28,250 | $5,650 | $22,600 |
| 2022 | $1,987 | $22,090 | $4,415 | $17,675 |
| 2021 | $1,972 | $20,925 | $4,185 | $16,740 |
| 2020 | $1,995 | $20,110 | $4,020 | $16,090 |
| 2019 | $1,992 | $17,885 | $3,575 | $14,310 |
| 2018 | $1,958 | $17,190 | $3,435 | $13,755 |
| 2017 | $1,912 | $16,455 | $3,290 | $13,165 |
| 2016 | $1,906 | $16,175 | $3,235 | $12,940 |
| 2015 | $1,764 | $15,515 | $3,100 | $12,415 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $899,999 | +12.5% | $378 / Sq Ft | |
| 06/13/2022 06/13/22 | Sold | $800,000 | 0.0% | $441 / Sq Ft | View Prior Sale |
| 05/15/2022 05/15/22 | Pending | -- | -- | -- | |
| 05/03/2022 05/03/22 | For Sale | $800,000 | +119.2% | $441 / Sq Ft | |
| 03/02/2016 03/02/16 | Sold | $365,000 | 0.0% | $165 / Sq Ft | View Prior Sale |
| 01/29/2016 01/29/16 | Pending | -- | -- | -- | |
| 01/27/2016 01/27/16 | For Sale | $365,000 | -- | $165 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | Security Title | |
| Warranty Deed | $365,000 | Great Amer Title Agency Inc | |
| Special Warranty Deed | $159,900 | First American Title Ins Co | |
| Trustee Deed | $265,500 | Accommodation | |
| Interfamily Deed Transfer | -- | Title Guaranty Agency Az Inc | |
| Warranty Deed | $414,799 | Title Guaranty Agency Az Inc | |
| Interfamily Deed Transfer | -- | Camelback Title Agency Llc | |
| Interfamily Deed Transfer | -- | Fiesta Title & Escrow Agency | |
| Quit Claim Deed | -- | Fiesta Title & Escrow Agency | |
| Joint Tenancy Deed | $95,547 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $640,000 | New Conventional | |
| Previous Owner | $346,750 | New Conventional | |
| Previous Owner | $127,920 | New Conventional | |
| Previous Owner | $331,839 | New Conventional | |
| Previous Owner | $82,960 | Purchase Money Mortgage | |
| Previous Owner | $266,400 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6986551
APN: 118-57-037
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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Ask me questions while you tour the home.