new - 4 days on rocket

22 W Palm Ln, Phoenix, AZ, 85003

$2,850,000

4 Bedrooms
5 Baths
5,485 SqFt
$520/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
ParkingDir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Rear Vehicle Entry
Garage2 spaces
Year Built2021
HeatingElectric
CoolingCeiling Fan(s)
BasementYes
FireplaceNone
ViewCity Lights, Mountain(s)
MLS #6800093
Lot Size0.06 Acres
StatusActive

About 22 W Palm Ln

This truly one of a kind loft/ brownstone offers a sophisticated and large-scale lifestyle unlike any other urban home in the Valley. With striking design elements, the home combines exposed materials—concrete floors, red brick walls, exposed duct work and steel and copper accents. The open-concept kitchen and great room is perched on the top of home with exceptional city and distant mountain views. The kitchen features a large Wolf gas range, open shelves and a generous island. This space opens to the living room and extraordinary outdoor living space, making it perfect for family gatherings and entertaining with guests. The primary suite, occupying an entire floor, is a private city sanctuary complete with a large bathroom and closets. Multiple outdoor patios overlooking a lush park... ... park filled with grass and trees, provide a fresh connection with nature in the middle of the city. With 4 ensuite bedrooms and over 5400 sf of living space, this home is as functional as it is stylish. A dedicated home office meets today's needs, while a versatile craft and project room and adjacent family room, make it a perfect choice for families. A large commercial elevator serves all 5 floors of the home and the private attached garage provides direct access into the home. Located in the heart of the Phoenix Arts district just across the street from the Phoenix Art Museum, the Phoenix Theater and the Heard Museum, this exceptional property also offers proximity to dining, shopping, and other cultural hotspots, all while being tucked away in the exclusive tranquility of Chateaux on Central. This is an exceptionally special home ready for its next exceptional owners.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2021
  • Stories: 4
  • Living Area: 5,485 SqFt

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: R M Joe Bushong, Grant Almquist

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Concrete
  • Interior: Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s)
  • Exterior: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Rear Vehicle Entry

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Central and McDowell, North to Palm Lane, Left/West on Palm Lane to the home on the North side of the street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
  • Price Per SqFt: $520/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,851
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$452.8K

Med. Price/SqFt

$285

Avg. Days On Market

66

# of Sold Homes

1212

22 W Palm Ln vs Phoenix

4 DAYS ON ROCKET

-62 Days

$2,850,000

+$2.3M More

$520/SqFt

+$235 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $235/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: #6800093

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: R M Joe Bushong, Grant Almquist

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© 2025 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: 1/8/2025, 9:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2010Home Sold
$7,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,851$81,780
2020$9,964$86,730
2019$13,581$106,830
2017$13,262$86,670

History based on county public records data.

Payment Calculator

$14.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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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-1091002
4
/10
  • Asu Preparatory Academy- Phoenix Elementary School

  • 735 E Fillmore St

  • 1.26 miles

  • Public Charter Grades KG-4

school-card-donut-1091003
7
/10
  • Basis Phoenix Central Primary School

  • 201 E Indianola Ave

  • 1.56 miles

  • Public Charter Grades KG-5

school-card-donut-1091004
4
/10
  • Encanto Elementary School

  • 1426 W Osborn Rd

  • 1.58 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,160. The majority of Phoenix, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22 W Palm Ln

What is the listing price of this property?

The listing price of 22 W Palm Ln property is $2,850,000.

What type of property is this?

The property 22 W Palm Ln is a townhouse located in Phoenix, Arizona, 85003.

Is this property for sale now?

Active Listing: 22 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 $9,851 (source: MLS/based on county public records data).

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

The last sale was on March 12, 2010 for $7,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 22 W Palm Ln has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 22 W Palm Ln is 5,485 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22 W Palm Ln is 2021.
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Rocket Homes›Arizona›Maricopa County›Phoenix›85003›22 W Palm Ln

This home is located at 22 W Palm Ln in Phoenix, AZ and zip code 85003 in the Midtown neighborhood. This 5,485 square foot home, which was built in 2021, sits on a 0.06 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $2,850,000.

In December 2024, from all listings sold in Phoenix, AZ there were more than 199 sold above asking price, over 721 sold below and more than 292 were sold right at the asked price. In December 2024 in Phoenix, AZ there were 4.2% less homes for sale than in November 2024. In December 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $452,845.

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

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