3 months on rocket

8638 E Palm Ln, Scottsdale, AZ, 85257

$624,900

Home List Price

$7,421*

Closing Credit

3 Bedrooms
2 Baths
1,470 SqFt
$425/SqFt
House

Location

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8638 E Palm Ln, Scottsdale$624,900

Buyer Closing Credits

$7,421*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1961
HeatingElectric
FireplaceNone
Private PoolYes
MLS #6737598
Lot Size0.19 Acres
StatusActive

About 8638 E Palm Ln

Freshly updated and just a short drive to Old Town. Large open floor plan. The Farm House Modern style immediately makes you feel at home. Kitchen and laundry room appliances come included. Large pool surrounded by grass. Automatic irrigation. No HOA. Currently has tenants in place for the next 7 months, they are open to continuing lease or ending the lease early as well for an owner/ occupant buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1
  • Living Area: 1,470 SqFt

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Joel May

Interior Features

Interior Information:

  • Interior: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot: Desert Front
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,900
  • Price Per SqFt: $425/SqFt

Tax Information:

  • Annual Amount: $1,285
  • Tax Year: 2021
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Housing Market Comparison

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

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Scottsdale, AZ

City

Med. Sold Price

$850.3K

Med. Price/SqFt

$409

Avg. Days On Market

74

# of Sold Homes

472

8638 E Palm Ln vs Scottsdale

107 DAYS ON ROCKET

+33 Days

$624,900

-$225.4K Less

$425/SqFt

+$16 More

KEY TAKEAWAY

This property is $225.4K less than the Median Sold Price and $16/SqFt more than other homes in Scottsdale, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6737598

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Joel May

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: 11/14/2024, 11:20:53 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

Oct 11, 2019Home Sold
$405,000
Dec 18, 2017Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,285$30,050
2020$1,274$28,520
2019$1,207$26,430
2017$1,323$22,270

History based on county public records data.

Payment Calculator

$3,186

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-341839
8
/10

  • Hohokam Elementary School

  • 8451 E Oak St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-341840
5
/10

  • Pima Traditional School

  • 8330 E Osborn Rd

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-341841
3
/10

  • Yavapai Elementary School

  • 701 N Miller Rd

  • 1.48 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,451. Most Scottsdale, AZ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8638 E Palm Ln

What is the listing price of this property?

The listing price of 8638 E Palm Ln property is $624,900.

What type of property is this?

The property 8638 E Palm Ln is a house located in Scottsdale, Arizona, 85257.

Is this property for sale now?

Active Listing: 8638 E 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 $1,285 (source: MLS/based on county public records data).

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

The last sale was on October 11, 2019 for $405,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8638 E Palm Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8638 E Palm Ln is 1,470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8638 E Palm Ln is 1961.

Rocket Homes›Arizona›Maricopa County›Scottsdale›85257›8638 E Palm Ln

This home is located at 8638 E Palm Ln in Scottsdale, AZ and zip code 85257 in the South Scottsdale neighborhood. This 1,470 square foot home, which was built in 1961, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $624,900.

In October 2024, from all listings sold in Scottsdale, AZ there were more than 25 sold above asking price, over 369 sold below and more than 78 were sold right at the asked price. Between September 2024 and October 2024, Scottsdale, AZ real estate market has seen increase in the number of listings by 11.1%. In October 2024 median list price was $850,350 and the average listing age was 74 days.

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

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