6 months on rocket

1615 W Palm Ln, Phoenix, AZ, 85007

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Baths
1,238 SqFt
$403/SqFt
House

Location

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1615 W Palm Ln, Phoenix$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1951
HeatingNatural Gas
CoolingCeiling Fan(s)
FireplaceNone
MLS #6697232
Lot Size0.16 Acres
StatusActive

About 1615 W Palm Ln

This peaceful 3 bed/2 bath home in historic Fairview Place is a dream for a primary owner or investor. Nicely updated in 2020 to incl.: new Kitchen,2 Bathrooms, windows, all new lighting & plumbing fixtures. Sellers added new pavers & landscaping & created a covered patio space to enjoy the beautiful AZ weather & there is still room for more! The oversized lot creates an opportunity to expand the footprint & value as a larger property amongst smaller historic homes in the neighborhood. A common attraction for this neighborhood is residence are within walking distance to the fairgrounds with the benefit of no street parking for events protecting neighborhood traffic. This home is close to everything downtown: sporting events, concerts, parks, restaurants and museums. What a lifestyle!!

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,238 SqFt

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (602) 799-0683, (602) 953-4000
  • Listing Agent: Samara Jo Glassman, Karaline Davis

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Breakfast Bar, 3/4 Bath Master Bdrm, Double Vanity
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: West on Encanto to 16th Ave, South on 16th Ave to Palm, West on Palm.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $403/SqFt

Tax Information:

  • Annual Amount: $2,221
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$452.3K

Med. Price/SqFt

$285

Avg. Days On Market

63

# of Sold Homes

1138

1615 W Palm Ln vs Phoenix

203 DAYS ON ROCKET

+140 Days

$499,000

+$46.6K More

$403/SqFt

+$118 More

KEY TAKEAWAY

This property is $46.6K more than the Median Sold Price and $118/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6697232

Listing Office:

  • Office Name: Realty ONE Group
  • Office Phone: (602) 799-0683, (602) 953-4000
  • Listing Agent: Samara Jo Glassman, Karaline Davis

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2020Home Sold
$350,000
Jan 08, 2020Home Sold
$242,500
Dec 24, 2019Home Sold
$238,000
Jun 16, 1992Home Sold
$46,221
Aug 31, 1987Home Sold
$79,344

Tax History

YEARPROP. TAXASSESSMENT
2021$2,221$25,950
2020$2,252$24,710
2019$2,472$20,610
2017$2,415$17,730

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-8549
4
/10

  • Encanto Elementary School

  • 1426 W Osborn Rd

  • 1.37 miles

  • Public District Grades KG-3

school-card-donut-8550
4
/10

  • Clarendon Elementary School

  • 1225 W Clarendon Ave

  • 1.51 miles

  • Public District Grades 4-6

school-card-donut-8551
2
/10

  • Esperanza Elementary School

  • 3025 W McDowell Rd

  • 1.80 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,659. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1615 W Palm Ln

What is the listing price of this property?

The listing price of 1615 W Palm Ln property is $499,000.

What type of property is this?

The property 1615 W Palm Ln is a house located in Phoenix, Arizona, 85007.

Is this property for sale now?

Active Listing: 1615 W Palm Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,221 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2020 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1615 W Palm Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1615 W Palm Ln is 1,238 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1615 W Palm Ln is 1951.

Rocket Homes›Arizona›Maricopa County›Phoenix›85007›1615 W Palm Ln

This home is located at 1615 W Palm Ln in Phoenix, AZ and zip code 85007 in the Fairview Place neighborhood. This 1,238 square foot home, which was built in 1951, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $499,000.

While more than 201 listings in Phoenix, AZ in November 2024 were sold above asking price, there were more than 301 listings sold at asking price, and more than 636 were sold below. The inventory of homes for sale in Phoenix, AZ between October 2024 and November 2024 decreased by 1.4%. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $452,345.

From Rocket Homes Real Estate and based on county public records data.

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