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361 E Palm Ln, Phoenix, AZ, 85004

$665,000

Home List Price

$7,897*

Closing Credit

2 Bedrooms
2 Baths
1,684 SqFt
$395/SqFt
Townhouse
Schools Nearby

Location

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361 E Palm Ln, Phoenix$665,000

Buyer Closing Credits

$7,897*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDir Entry frm Garage
Garage2 spaces
Year Built1969
HeatingElectric, Natural Gas
FireplaceOther (See Remarks)
MLS #6676838
Lot Size0.06 Acres
StatusActive

About 361 E Palm Ln

Rare opportunity in a remarkable location! Tucked away in a quintessential community of only 14 patio homes adjacent to the sought-after Los Olivos & Alvarado neighborhoods; turning into this private drive feels like entering a secret garden. Spacious 2 bedroom, 2 bath unit with large living room, an extra den/office, plus large functional laundry room with extra storage. This turn-key home has been lovingly updated and well-maintained by the seller. BEAUTIFUL galley-style kitchen with granite countertops, Sub Zero fridge, stainless steel hood, soft close cabinets, and plenty of counter space! Timeless travertine tile floors in all the main spaces. Anderson windows & Doors. Relax in the large primary suite with its lux ensuite bathroom and ample closet space. Enjoy the community pool just a few steps from this unit. Prime central location; walk or bike to work or some of the best restaurants, shopping, entertainment, and museums in downtown Central Phoenix.

Property Details

Property Features

Property Information:

  • Architectural Style: Territorial/Santa Fe
  • Year Built: 1969
  • Stories: 1
  • Living Area: 1,684 SqFt

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 339-3567
  • Listing Agent: Lisa Brown

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Interior: No Interior Steps, Full Bth Master Bdrm, Granite Counters
  • Fireplace: Other (See Remarks)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Dir Entry frm Garage

Lot Features

Lot Information:

  • Lot: Desert Back, Desert Front, Grass Front
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas

School Info

Assigned Schools Information:

  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Ralph Waldo Emerson Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: North on 7th St from McDowell Road for 1/4 mile to Palm Lane, West on Palm Lane to community entrance. South into Community - second to last unit on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $665,000
  • Price Per SqFt: $395/SqFt

HOA Fees:

  • Amount: $320
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$440K

Med. Price/SqFt

$281

Avg. Days On Market

54

# of Sold Homes

1488

361 E Palm Ln vs Phoenix

34 DAYS ON ROCKET

-20 Days

$665,000

+$224.9K More

$395/SqFt

+$114 More

KEY TAKEAWAY

This property is $224.9K more than the Median Sold Price and $114/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: #6676838

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 339-3567
  • Listing Agent: Lisa Brown

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: 4/28/2024, 9:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-2627816
3
/10
  • Ralph Waldo Emerson Elementary School

  • 915 E Palm Ln

  • 0.28 miles

  • Public District Grades PK-6

High School

school-card-donut-2627817
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 0.89 miles

  • Public District Grades 9-12

school-card-donut-2627818
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-2627819
3
/10
  • Central High School

  • 4525 N Central Ave

  • 2.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,417. Typical income of Phoenix, AZ residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 361 E Palm Ln

What is the listing price of this property?

The listing price of 361 E Palm Ln property is $665,000.

What type of property is this?

The property 361 E Palm Ln is a townhouse located in Phoenix, Arizona, 85004.

Is this property for sale now?

Active Listing: 361 E Palm 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 361 E Palm Ln are:
Ralph Waldo Emerson Elementary School: GreatSchools Rating 3/10
Phoenix Union Bioscience High School: GreatSchools Rating 9/10
Franklin Police and Fire High School: GreatSchools Rating 8/10
Central High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 361 E Palm Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 361 E Palm Ln is 1,684 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 361 E Palm Ln is 1969.

Rocket Homes›Arizona›Maricopa County›Phoenix›85004›361 E Palm Ln

This home is located at 361 E Palm Ln in Phoenix, AZ and zip code 85004 in the Midtown neighborhood. This 1,684 square foot home, which was built in 1969, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $665,000.

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. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $440,050.

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

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