
2242 E Palm Ln Phoenix, AZ 85006
Estimated payment $5,413/month
Highlights
- Guest House
- RV Garage
- Vaulted Ceiling
- Phoenix Coding Academy Rated A
- Gated Parking
- Corner Lot
About This Home
A RARE GEM IN THE HEART OF GREEN GABLES/ENCANTO! Stunning 3BR/2BA split floor plan with a spacious primary suite featuring a huge walk-in closet and luxurious bath. Open kitchen with granite counters, breakfast bar, new appliances, and smart fridge overlooks a large covered patio and landscaped backyard. THE REAL SHOWSTOPPER? A detached 1,000 sq ft living/work space with soaring 14' ceilings, RV-sized doors, finished concrete flooring, and its own half bath. Fully climate-controlled, this incredible bonus space is ideal for guest quarters, a home business, creative studio, workshop, garage, or rec room—the possibilities are endless. Prime location with easy access to 202 & SR 51, close to downtown, Biltmore, and Arcadia. Don't miss this rare find with endless possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,519
Year Built
- Built in 2011
Lot Details
- 0.32 Acre Lot
- Desert faces the back of the property
- Block Wall Fence
- Artificial Turf
- Corner Lot
- Backyard Sprinklers
- Grass Covered Lot
Parking
- 2 Car Detached Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Oversized Parking
- Garage ceiling height seven feet or more
- Gated Parking
- RV Garage
Home Design
- Room Addition Constructed in 2022
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,006 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
Kitchen
- Kitchen Updated in 2022
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Granite Countertops
Flooring
- Floors Updated in 2022
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom Updated in 2022
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Plumbing Fixtures
- Bathtub With Separate Shower Stall
Schools
- William T Machan Elementary School
- Camelback High School
Utilities
- Cooling Available
- Heating Available
- Plumbing System Updated in 2022
- Wiring Updated in 2022
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Outdoor Storage
- Guest House
- Property is near a bus stop
Community Details
- No Home Owners Association
- Association fees include no fees
- Vel Ru Heights Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 117-09-074-A
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $1,519 | $11,682 | -- | -- |
2024 | $1,501 | $11,125 | -- | -- |
2023 | $1,501 | $46,010 | $9,200 | $36,810 |
2022 | $1,442 | $36,900 | $7,380 | $29,520 |
2021 | $1,477 | $33,530 | $6,700 | $26,830 |
2020 | $1,441 | $30,550 | $6,110 | $24,440 |
2019 | $1,431 | $24,820 | $4,960 | $19,860 |
2018 | $1,402 | $21,860 | $4,370 | $17,490 |
2017 | $1,348 | $18,820 | $3,760 | $15,060 |
2016 | $1,295 | $15,600 | $3,120 | $12,480 |
2015 | $1,205 | $15,560 | $3,110 | $12,450 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2025 04/25/25 | For Sale | $949,000 | -- | $316 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Cash Sale Deed | $240,000 | First American Title Ins Co | |
Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
Quit Claim Deed | -- | None Available | |
Joint Tenancy Deed | -- | None Available | |
Quit Claim Deed | -- | Transnation Title Ins Co | |
Quit Claim Deed | -- | Transnation Title Ins Co | |
Joint Tenancy Deed | $79,000 | Transamerica Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $75,000 | Credit Line Revolving | |
Previous Owner | $188,500 | New Conventional | |
Previous Owner | $195,000 | Unknown | |
Previous Owner | $74,400 | Credit Line Revolving | |
Previous Owner | $128,000 | Fannie Mae Freddie Mac | |
Previous Owner | $93,750 | Purchase Money Mortgage | |
Previous Owner | $78,579 | FHA |
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Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6857120

APN: 117-09-074A
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