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Pending
    • Price cut: $50K (5/21)
    $1,749,900

    118 E Palm Lane, Phoenix, AZ 85004

    4beds
    3,915sqft
    : 
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    Single Family Residence
    Built in 1925
    0.47 Acres Lot
    $-- Zestimate®
    $447/sqft
    $-- HOA

    What's special

    Wood burning fireplaceBeamed ceilingsMature citrus treesRaised organic garden bedsFlexible living spaceEat-in dining areaOversized moldings
    A rare opportunity to own the historic R.A. Cox House, designed by renowned architect C. Lewis Kelley in 1925, situated on a 20,000+ SF irrigated corner lot in the heart of the Alvarado and Los Olivos Historic Districts. This iconic Colonial adobe has been meticulously preserved, showcasing restored wood floors, beamed ceilings, oversized moldings, and custom dual-pane windows designed to honor the home's original character. A thoughtful rear expansion adds a stunning family room with a fireplace, seamlessly connecting to the kitchen featuring soapstone countertops, generous cabinetry, and an eat-in dining area. The formal dining and living room is accented by crown molding and a signature arched window overlooking the expansive front lawn with a wood burning fireplace. Both the front and backyard are equipped with timed sprinklers in addition to the irrigation. The backyard is a private oasis with a glass-tiled pool, mature citrus trees, raised organic garden beds, a spacious lawn, and a covered patio ideal for entertaining. The serene primary suite offers French doors to the backyard and an oversized walk-in closet. Two additional bedrooms share an updated bathroom with a steam shower, while an upstairs ensuite bedroom provides treetop views and flexible living space. Additional features include a temperature-controlled wine cellar with dual dedicated A/C units, a garage with 220-amp service and sewer access (ideal for a studio or pool house), abundant storage, and parking for up to 15 vehicles.
    149 days
    |
    306
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kylie Berry 480-957-8466,

    Russ Lyon Sotheby's International Realty,

    David Arustamian 480-209-2615,

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6972684MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Cooling
      • Central Air, Ceiling Fan(s), Programmable Thmstat
      Appliances
      • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
      • Laundry: Inside
      Features
      • Pantry, Non-laminate Counter, High Speed Internet, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Tile, Wood
      • Windows: Skylight(s), Double Pane Windows
      • Basement: Walk-Out Access,Finished
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Living Room
      Interior area
      • Total structure area: 3,915
      • Total interior livable area: 3,915 sqft

      Property

      Parking
      • Total spaces: 17.5
      • Parking features: Gated, RV Gate, Garage Door Opener, Extended Length Garage, Circular Driveway, Attch'd Gar Cabinets, Storage, Detached
      • Garage spaces: 2.5
      • Uncovered spaces: 15
      Features
      • Stories: 2
      • Patio & porch: Covered
      • Has private pool: Yes
      • Pool features: Diving Pool
      • Spa features: None
      • Fencing: Block
      Lot
      • Size: 0.47 Acres
      • Features: North/South Exposure, Nat Reg Historic Hms, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Irrigation Front, Irrigation Back
      Details
      • Additional structures: Gazebo
      • Parcel number: 11852044

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Painted, Adobe
      • Roof: Tile,Built-Up,Foam
      Condition
      • Year built: 1925
      Details
      • Builder name: C. Lewis Kelley

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      Green energy
      • Energy efficient items: Multi-Zones
      • Water conservation: Tankless Ht Wtr Heat

      Community & HOA

      Community
      • Features: Near Light Rail Stop, Historic District
      • Subdivision: Los Olivos RE-AMD
      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $447/sqft
      • Tax assessed value: $1,433,200
      • Annual tax amount: $6,135
      • Date on market: 2/18/2026
      • Cumulative days on market: 150 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Pending sale$1,749,900$447/sqft
        Source: ARMLS #6972684 Report a problem
        5/21/2026Price change$1,749,900-2.8%$447/sqft
        Source: ARMLS #6972684 Report a problem
        4/17/2026Price change$1,799,900-5%$460/sqft
        Source: ARMLS #6972684 Report a problem
        3/19/2026Price change$1,895,000-2.8%$484/sqft
        Source: ARMLS #6972684 Report a problem
        2/18/2026Listed for sale$1,950,000-2.3%$498/sqft
        Source: ARMLS #6972684 Report a problem
        6/2/2025Listing removed$1,995,000$510/sqft
        Source: ARMLS #6775423 Report a problem
        5/2/2025Price change$1,995,000-8.3%$510/sqft
        Source: ARMLS #6775423 Report a problem
        4/18/2025Price change$2,175,000-1.1%$556/sqft
        Source: ARMLS #6775423 Report a problem
        10/25/2024Listed for sale$2,200,000+109.5%$562/sqft
        Source: ARMLS #6775423 Report a problem
        4/23/2018Sold$1,050,000-4.5%$268/sqft
        Source: ARMLS #5727147 Report a problem
        2/22/2018Listed for sale$1,100,000+17.6%$281/sqft
        Source: Realty Executives #5727147 Report a problem
        1/3/2018Listing removed$935,000$239/sqft
        Source: West USA Realty #5612363 Report a problem
        9/21/2017Price change$935,000-1.1%$239/sqft
        Source: West USA Realty #5612363 Report a problem
        7/10/2017Price change$945,000-3.1%$241/sqft
        Source: West USA Realty #5612363 Report a problem
        5/29/2017Listed for sale$975,000+214.5%$249/sqft
        Source: West USA Realty #5612363 Report a problem
        4/24/1997Sold$310,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,911 +6.2%$71,660 -1.6%
        2024$5,565 +1%$72,810 +92.9%
        2023$5,511 -0.5%$37,745 -7%
        2022$5,538 -0.4%$40,580 +9.7%
        2021$5,559 +0.2%$36,975 -3.2%
        2020$5,549 +1.7%$38,180 +7.3%
        2019$5,458 $35,575 -9.3%
        2018$5,458 +3%$39,210 +26.3%
        2017$5,298 +12.3%$31,055 +11.4%
        2016$4,719 +5.1%$27,865 +6.4%
        2015$4,491 $26,190 -6%
        2014-- $27,850 +13.2%
        2013-- $24,605 +3.4%
        2012-- $23,805 +30.2%
        2011-- $18,280 -45.3%
        2010-- $33,430 -22.1%
        2009-- $42,900 -25.3%
        2008-- $57,400 +18.2%
        2007-- $48,575 +122.8%
        2006-- $21,800
        2005-- $21,800 +9%
        2004-- $20,000
        2003-- $20,000 +25.4%
        2002-- $15,950
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Encanto

        Getting around

        78 / 100
        Very Walkable
        56 / 100
        Good Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ralph Waldo Emerson Elementary School
        • Middle: Phoenix #1 iAcademy
        • High: North High School
        • District: Phoenix Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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