$500,000

5622 N Palacio Way Phoenix, AZ 85014

$5,938
Closing credit¹
3 beds
2 baths
1,524 sqft
0.07 acres
$328 / sqft
Townhouse

Property details

About 5622 N Palacio Way

Bright and airy 3BR/2BA corner-lot townhouse featuring vaulted ceilings, and abundant natural light. Master suite includes a walk-in closet and patio access. Enjoy a private, covered back patio with ceiling fans and low-maintenance landscaping. All appliances included. Community offers a community pool. Move-in ready and full of character!

Highlights

Home typeTownhouse
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,524 sqft
Lot size0.07 Acres
Year built1973
ParkingGarage Door Opener, Attch'd Gar Cabinets, Separate Strge Area, Detached
MLS #6867471
Garage2 spaces
Fireplace1 Fireplace

Summary

  • Flooring Type: Carpet, Tile
  • Interior: High Speed Internet, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area, Detached
  • Exterior: Private Street(s)
  • Architectural Style: Spanish
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $500,000
  • Price/SqFt: $328
  • HOA Amount: $300
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $2,738
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: North to Palacio Drive, turn right on Palacio Drive and follow the road around to Palacio Way, home is on the corner.
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,524 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 6867471
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Realty Executives
  • Office Phone: (480) 948-9450
  • Office Email: dpatricklewis@gmail.com
  • Listing Agent: Stephanie S Cunningham

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: 5/19/2025, 10:20:32 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 facade with driveway and stucco siding

$500,000

5622 N Palacio Way

$5,938

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 08, 2016
Home Sold
$295,000
Oct 03, 2000
Home Sold
$138,000
Mar 05, 1998
Home Sold
$130,000
Nov 16, 1989
Home Sold
$89,900
Nov 16, 1989
Home Sold
$89,900

Tax history

YearAssessmentProperty Tax
2024$44,820$2,738
2023$36,380$2,650
2022$30,800$2,704
2020$29,000$2,660
2019$28,260$2,532
2017$22,680$2,403

History based on county public records data.

Nearby schools

5

Madison Rose Lane Elementary School

Public District PK-4

0.5 mi

1155 E Rose Ln

4

Madison Camelview Elementary School

Public District PK-4

1.5 mi

2002 E Campbell Ave

6

Arizona Autism Charter School

Public Charter KG-6

1.6 mi

4125 N 14th 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 $83,528. The most common annual income of people living in Phoenix, AZ is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

22%
<35k
42%
35k-100k
23%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
6%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5622 N Palacio Way

The listing price of 5622 N Palacio Way property is $500,000.

The property 5622 N Palacio Way is a townhouse located in Phoenix, Arizona, 85014.

Active Listing: 5622 N Palacio Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5622 N Palacio Way are: Madison Rose Lane Elementary School (GreatSchools Rating 5/10), Madison Camelview Elementary School (GreatSchools Rating 4/10), Arizona Autism Charter School (GreatSchools Rating 6/10), Madison No. 1 Middle School (GreatSchools Rating 5/10), Madison Traditional Academy (GreatSchools Rating 10/10), Madison Park Middle School (GreatSchools Rating 4/10), The Learning Institute (GreatSchools Rating 2/10), New World Educational Center (GreatSchools Rating 7/10), International Commerce High School - Phoenix (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,738 (source: MLS/based on county public records data).

The last sale was on January 8, 2016 for $295,000 (source: MLS/tax record).

The property at 5622 N Palacio Way has 3 bedrooms and 2 bathrooms.

The property 5622 N Palacio Way is 1,524 SqFt (source: MLS/tax record).

The year of construction for 5622 N Palacio Way is 1973.

This home is located at 5622 N Palacio Way in Phoenix, AZ and zip code 85014 in the Palacio del Sol neighborhood. This 1,524 square foot home, which was built in 1973, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $500,000.

In April 2025, from all listings sold in Phoenix, AZ there were more than 217 sold above asking price, over 786 sold below and more than 405 were sold right at the asked price. The number of homes for sale in Phoenix, AZ increased by 5.8% between March and April 2025. While the average time on the market in April 2025 was 67 days, the median list price was $457,998.

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

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