$975,000

541 W Palm Ln Phoenix, AZ 85003

$10,000
Closing credit¹
4 beds
3 baths
2,415 sqft
0.2 acres
$404 / sqft
House

Property details

About 541 W Palm Ln

WELCOME TO WILLO! Located on the iconic Palm Lane, this rare historic property is zoned multi-family and offers TWO HOUSES! The main house features 3 bedrooms plus a den and 2 bathrooms. Beautiful archways, original niches, and beautiful historic details have been preserved throughout while also being modernized and enhanced with designer details. Large rooms, great storage and a fantastic floor plan with a massive primary suite. As you step outside, you'll discover a large covered patio, beautiful lush green landscaping & a complete second home in the backyard with its own kitchen, bathroom, laundry and designated parking. This property is one of a kind and an amazing opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites - WELCOME HOME!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,415 sqft
Lot size0.2 Acres
Year built1940
MLS #6846068
Fireplace1 Fireplace

Summary

  • MLS Number: 6846068
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Office Email: rlarue@hsmove.com
  • Listing Agent: James Judge

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: 4/7/2025, 4:20:53 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 property featuring a front yard, stucco siding, and fence

$975,000

541 W Palm Ln

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 13, 2022
Home Sold
$800,000
Mar 02, 2016
Home Sold
$365,000
Sep 20, 2011
Home Sold
$159,900
Apr 17, 2007
Home Sold
$414,799
Jun 10, 1994
Home Sold
$95,547
Oct 04, 1990
Home Sold
$86,000

Tax history

YearAssessmentProperty Tax
2024$33,790$2,060
2023$28,250$1,987
2022$22,090$1,972
2020$20,110$1,995
2019$17,885$1,957
2017$16,455$1,912

History based on county public records data.

Nearby schools

4

Encanto Elementary School

Public District KG-3

1.4 mi

1426 W Osborn Rd

4

Asu Preparatory Academy- Phoenix Elementary School

Public Charter KG-4

1.5 mi

735 E Fillmore St

4

Clarendon Elementary School

Public District 4-6

1.5 mi

1225 W Clarendon Ave

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 $82,160. The most common annual income of people living in Phoenix, AZ is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
41%
35k-100k
27%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
4%
Single, with Kids
29%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
64%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 541 W Palm Ln

This home is located at 541 W Palm Ln in Phoenix, AZ and zip code 85003 in the Willo neighborhood. This 2,415 square foot home, which was built in 1940, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $975,000.

Over 224 listings were sold over their listed price in March 2025 in Phoenix, AZ. In the same period over 812 listings were sold below the listed price and 375 listings were sold for the listed price. The inventory of homes for sale in Phoenix, AZ between February and March 2025 increased by 9.3%. 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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