2 months on rocket

1242 E Palacio Ln, Phoenix, AZ, 85014

$450,000

Home List Price

$5,344*

Closing Credit

2 Bedrooms
2 Baths
1,416 SqFt
$318/SqFt
Townhouse
Schools Nearby

Location

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1242 E Palacio Ln, Phoenix$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingElectric Door Opener
Garage2 spaces
Year Built1973
HeatingElectric
Fireplace1 Fireplace
Private PoolYes
MLS #6658018
Lot Size0.08 Acres
StatusActive

About 1242 E Palacio Ln

Don't miss this amazing opportunity to own a spectacular home centrally located in downtown Phoenix! The open & spacious floorplan is nicely updated! 2023 New Roof, New A/C Unit, New Hot Water Heater & New Electrical Outlets t/o. Upscale kitchen with Corian countertops, Brand New Stainless Refrigerator, Range, Microwave, and Dishwasher. Saltillo tile flooring, Wood burning Fireplace, Vaulted Ceilings, Wood Beams, Neutral Paint, Enclosed Patio with Private Courtyard. Living room with a Formal dining room and Family room open to the Kitchen. PLUS! The primary bedroom includes wood-look tile floors, direct outdoor access, a bathroom, and a walk-in closet. Close to great shopping, restaurants, and easy access to freeways!!

Property Details

Property Features

Property Information:

  • Architectural Style: Santa Barbara/Tuscan
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,416 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Professional Partners
  • Office Phone: (623) 939-8900
  • Listing Agent: Katie Painter

Interior Features

Interior Information:

  • Interior: Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Patio, Private Street(s), Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Electric Door Opener

Lot Features

Lot Information:

  • Lot: Desert Front
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • North High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $318/SqFt

HOA Fees:

  • Amount: $720
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,498
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

1242 E Palacio Ln vs Phoenix

86 DAYS ON ROCKET

+32 Days

$450,000

+$9.9K More

$318/SqFt

+$37 More

KEY TAKEAWAY

This property is $9.9K more than the Median Sold Price and $37/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6658018

Listing Office:

  • Office Name: Keller Williams Realty Professional Partners
  • Office Phone: (623) 939-8900
  • Listing Agent: Katie Painter

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© 2024 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: 4/27/2024, 6:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 17, 1993Home Sold
$82,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,498$29,280
2020$2,457$27,350
2019$2,338$26,710
2017$2,220$21,070

History based on county public records data.

Payment Calculator

$2,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1514445
4
/10

  • North High School

  • 1101 E Thomas Rd

  • 2.73 miles

  • Public District Grades 9-12

school-card-donut-1514446
8
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 4.43 miles

  • Public District Grades 9-12

school-card-donut-1514447
9
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 4.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 E Palacio Ln

What is the listing price of this property?

The listing price of 1242 E Palacio Ln property is $450,000.

What type of property is this?

The property 1242 E Palacio Ln is a townhouse located in Phoenix, Arizona, 85014.

Is this property for sale now?

Active Listing: 1242 E Palacio Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1242 E Palacio Ln are:
North High School: GreatSchools Rating 4/10
Franklin Police and Fire High School: GreatSchools Rating 8/10
Phoenix Union Bioscience High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,498 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 17, 1993 for $82,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1242 E Palacio Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1242 E Palacio Ln is 1,416 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1242 E Palacio Ln is 1973.

Rocket Homes›Arizona›Maricopa County›Phoenix›85014›1242 E Palacio Ln

This home is located at 1242 E Palacio Ln in Phoenix, AZ and zip code 85014 in the Palacio del Sol neighborhood. This 1,416 square foot home, which was built in 1973, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $450,000.

In March 2024, from all listings sold in Phoenix, AZ there were more than 282 sold above asking price, over 788 sold below and more than 418 were sold right at the asked price. In March 2024 in Phoenix, AZ there were 7.8% more homes for sale than in February 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $440,050 during the same period.

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

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