$10,000

closing credit¹

118 E Palm Ln Phoenix, AZ 85004

$2,200,000
4 beds
4 baths
3,915 sqft
0.5 acres
$562 / sqft
House

Property details

About 118 E Palm Ln

Own a piece of Phoenix history with the esteemed RA Cox House, a 1925 adobe by Hollywood architect C. Lewis Kelley. Situated next to the Alvarado historic district, and on the National Register of historic homes, this stunning Spanish Colonial shares her 20,000+ sf irrigated lot with numerous citrus, fig, Crepe Myrtle and palm trees. Complete with beamed ceilings, wood floors and restored windows, the home is timeless and elegant with fabulous entertaining spaces. The light-filled east-facing kitchen is a culinary dream, with Soapstone counters and Carrara marble island. The serene master suite comes complete with a spacious walk-in closet and recently renovated bath. French doors spanning the back of the home lead to the covered porch and oasis-like backyard, featuring a glass-tiled pool , mature landscape and raised-bed gardening area. Additional highlights include a temperature-controlled wine cellar with arched brick storage, high-capacity AC units, 2 car garage with additional storage area and reduced property taxes. This exceptional property offers a unique blend of history, luxury and tranquility.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s)
Size3,915 sqft
BasementYes
Lot size0.47 Acres
Year built1925
ParkingAttch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, RV Gate, Separate Strge Area, Detached, Gated
MLS #6775423
Garage2 spaces
Fireplace2 Fireplace, Family Room, Living Room
Private poolYes

Summary

  • MLS Number: 6775423
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Office Email: rlarue@hsmove.com
  • Listing Agent: Don K Mertes

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: 2/5/2025, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front lawn

$2,200,000

118 E Palm Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 23, 2018
Home Sold
$1,050,000
Apr 24, 1997
Home Sold
$338,000

Tax history

YearAssessmentProperty Tax
2024$72,810$5,734
2023$46,980$5,537
2022$40,580$5,497
2020$38,180$5,558
2019$35,575$5,458
2017$31,055$5,297

History based on county public records data.

Nearby schools

4

Asu Preparatory Academy- Phoenix Elementary School

Public Charter KG-4

1.2 mi

735 E Fillmore St

7

Basis Phoenix Central Primary School

Public Charter KG-5

1.5 mi

201 E Indianola Ave

4

Encanto Elementary School

Public District KG-3

1.7 mi

1426 W Osborn Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,417. The most common annual income of people living in Phoenix, AZ is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
42%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
6%
Single, with Kids
17%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
16%
18-34 yrs old
53%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Live TheatreLive Theatre
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 118 E Palm Ln

This home is located at 118 E Palm Ln in Phoenix, AZ and zip code 85004 in the Alvarado neighborhood. This 3,915 square foot home, which was built in 1925, sits on a 0.47 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,200,000.

In January 2025, from all listings sold in Phoenix, AZ there were more than 128 sold above asking price, over 583 sold below and more than 242 were sold right at the asked price. The number of homes for sale in Phoenix, AZ increased by 12.9% between December and January 2025. The median list price of listings available in January 2025 was $455,485, while the average time on the real estate market was 74 days.

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

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