
541 W Palm Ln Phoenix, AZ 85003
Willo NeighborhoodEstimated payment $5,615/month
Highlights
- Guest House
- The property is located in a historic district
- Wood Flooring
- Phoenix Coding Academy Rated A
- Property is near public transit
- 1 Fireplace
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,081
Year Built
- Built in 1940
Lot Details
- 8,715 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Private Yard
- Grass Covered Lot
Parking
- 5 Open Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,415 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Kitchen
- Built-In Microwave
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Location
- Property is near public transit
- Property is near a bus stop
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Additional Features
- Outdoor Storage
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- North Kenilworth Blks 1 Through 8 Subdivision
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 118-57-037
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 | $2,081 | $15,559 | -- | -- |
2024 | $2,061 | $14,818 | -- | -- |
2023 | $2,061 | $28,250 | $5,650 | $22,600 |
2022 | $1,987 | $22,090 | $4,415 | $17,675 |
2021 | $1,972 | $20,925 | $4,185 | $16,740 |
2020 | $1,995 | $20,110 | $4,020 | $16,090 |
2019 | $1,992 | $17,885 | $3,575 | $14,310 |
2018 | $1,958 | $17,190 | $3,435 | $13,755 |
2017 | $1,912 | $16,455 | $3,290 | $13,165 |
2016 | $1,906 | $16,175 | $3,235 | $12,940 |
2015 | $1,764 | $15,515 | $3,100 | $12,415 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/03/2025 04/03/25 | For Sale | $975,000 | +21.9% | $404 / Sq Ft |
06/13/2022 06/13/22 | Sold | $800,000 | 0.0% | $441 / Sq Ft |
05/15/2022 05/15/22 | Pending | -- | -- | -- |
05/03/2022 05/03/22 | For Sale | $800,000 | +119.2% | $441 / Sq Ft |
03/02/2016 03/02/16 | Sold | $365,000 | 0.0% | $165 / Sq Ft |
01/29/2016 01/29/16 | Pending | -- | -- | -- |
01/27/2016 01/27/16 | For Sale | $365,000 | -- | $165 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $365,000 | Great Amer Title Agency Inc | |
Special Warranty Deed | $159,900 | First American Title Ins Co | |
Trustee Deed | $265,500 | Accommodation | |
Interfamily Deed Transfer | -- | Title Guaranty Agency Az Inc | |
Warranty Deed | $414,799 | Title Guaranty Agency Az Inc | |
Interfamily Deed Transfer | -- | Camelback Title Agency Llc | |
Interfamily Deed Transfer | -- | Fiesta Title & Escrow Agency | |
Quit Claim Deed | -- | Fiesta Title & Escrow Agency | |
Joint Tenancy Deed | $95,547 | First American Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $427,500 | New Conventional | |
Closed | $346,750 | New Conventional | |
Previous Owner | $127,920 | New Conventional | |
Previous Owner | $331,839 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $82,960 | Purchase Money Mortgage | |
Previous Owner | $50,000 | Credit Line Revolving | |
Previous Owner | $266,400 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $60,000 | Credit Line Revolving | |
Previous Owner | $184,000 | Unknown |
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6846068

APN: 118-57-037
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