$949,000

2242 E Palm Ln Phoenix, AZ 85006

$10,000
Closing credit¹
3 beds
3 baths
3,006 sqft
0.3 acres
$316 / sqft
House

Property details

About 2242 E Palm Ln

A RARE GEM IN THE HEART OF GREEN GABLES/ENCANTO! Stunning 3BR/2BA split floor plan with a spacious primary suite featuring a huge walk-in closet and luxurious bath. Open kitchen with granite counters, breakfast bar, new appliances, and smart fridge overlooks a large covered patio and landscaped backyard. THE REAL SHOWSTOPPER? A detached 1,000 sq ft living/work space with soaring 14' ceilings, RV-sized doors, finished concrete flooring, and its own half bath. Fully climate-controlled, this incredible bonus space is ideal for guest quarters, a home business, creative studio, workshop, garage, or rec room—the possibilities are endless. Prime location with easy access to 202 & SR 51, close to downtown, Biltmore, and Arcadia. Don't miss this rare find with endless possibilities!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size3,006 sqft
Lot size0.32 Acres
Year built2011
ParkingRV Gate, Garage Door Opener, Extended Length Garage, Over Height Garage, Detached, Gated, RV Garage
MLS #6857120
Garage2 spaces

Summary

  • MLS Number: 6857120
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Shawn Bellamak Realty
  • Office Phone: (602) 723-0400
  • Office Email: shawn@bellamak.com
  • Listing Agent: Keren Montandon, Shawn Bellamak

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: 4/26/2025, 12:55:53 AM 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 facade featuring a pergola, a fenced front yard, a gate, roof with shingles, and stucco siding

$949,000

2242 E Palm Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 05, 2016
Home Sold
$240,000

Tax history

YearAssessmentProperty Tax
2024$56,950$1,501
2023$46,010$1,442
2022$36,900$1,477
2020$30,550$1,441
2019$24,820$1,401
2017$18,820$1,347

History based on county public records data.

Nearby schools

5

Imagine Academy of Phoenix

Public Charter KG-5

0.6 mi

2645 N 24th St

2

Wilson Primary School

Public District PK-3

1.5 mi

415 N 30th St

2

David Crockett Elementary School

Public District KG-5

2.0 mi

501 N 36th St

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 $33,620. The most common annual income of people living in Phoenix, AZ is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

55%
<35k
40%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2242 E Palm Ln

This home is located at 2242 E Palm Ln in Phoenix, AZ and zip code 85006 in the Vel Ru Heights neighborhood. This 3,006 square foot home, which was built in 2011, sits on a 0.32 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $949,000.

In March 2025 more than 224 listings in Phoenix, AZ were sold above the asking price. During the same period more than 375 listings were sold at asking price, while more than 812 were sold below. In March 2025 in Phoenix, AZ there were 9.3% more homes for sale than in February. Listings spent 65 days on the market in March 2025, and had a median list price of $459,738 during the same period.

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

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