$10,000 Closing Credit¹
#6801329, Mario T Romero, Bruce B Brogard, Listing Office: The Melcher Agency
#6846068·
Listing office: HomeSmart·
Listing agent: James Judge, Jessica Ballantyne·
Listing office phone: 602-230-7600
$975,000 List price
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
- Flooring Type: Tile, Wood
- Interior: Double Vanity, Full Bth Master Bdrm, Granite Counters
- Fireplace: 1 Fireplace
- Total Bedroom Count: 4
- Private Pool: No
- Exterior: Private Yard, Storage
- Architectural Style: Other
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $975,000
- Price/SqFt: $403
- Annual Tax Amount: $2,060
- Tax Year: 2024
- Lot: Corner Lot, Grass Front
- Directions: Heading South on 5th Ave, Turn right onto Palm Lane. Home is the last home on the south side of the street.
- Year Built: 1940
- Stories: 1
- Living Area: 2,415 SqFt
- Lot Size: 0.2 Acres
- 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, Jessica Ballantyne
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: 4/28/2025, 10:21:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$975,000
541 W Palm Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
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. Residents typically live in single, no kids family. The most common level of education of people living 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/backpacking
Live Theatre
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
Audi
Mercedes
BMW
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 541 W Palm Ln
The listing price of 541 W Palm Ln property is $975,000.
The property 541 W Palm Ln is a house located in Phoenix, Arizona, 85003.
Active Listing: 541 W Palm Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 541 W Palm Ln are: Encanto Elementary School (GreatSchools Rating 4/10), Asu Preparatory Academy- Phoenix Elementary School (GreatSchools Rating 4/10), Clarendon Elementary School (GreatSchools Rating 4/10), Kenilworth School (GreatSchools Rating 4/10), Emerson School (GreatSchools Rating 2/10), Capitol School (GreatSchools Rating 4/10), Metropolitan Arts Institute (GreatSchools Rating 8/10), Franklin Police and Fire High School (GreatSchools Rating 6/10), Arizona School for the Arts (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $2,060 (source: MLS/based on county public records data).
The last sale was on June 13, 2022 for $800,000 (source: MLS/tax record).
The property at 541 W Palm Ln has 4 bedrooms and 3 bathrooms.
The property 541 W Palm Ln is 2,415 SqFt (source: MLS/tax record).
The year of construction for 541 W Palm Ln is 1940.
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 number of listings in Phoenix, AZ increased by 9.3% between February and March 2025. The median list price of listings available in March 2025 was $459,738, while the average time on the real estate market was 65 days.
From Rocket Homes Real Estate and based on county public records data.