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Off market
Street View
  • $1,911,900

    124 E Palm Ln, Phoenix, AZ 85004

    3beds
    3baths
    3,304sqft
    SingleFamily
    Built in 1930
    1.07 Acres Lot
    $1,911,900 Zestimate®
    $579/sqft
    $4,009 Estimated rent

    Home value

    $1,911,900

    $1.72M - $2.14M

    $4,009/mo

    Zestimate® history
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    Rent Zestimate®

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    $11,705/mo

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    $11,705/mo

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    What's special

    Rare opportunity to purchase/rent this classic historic estate located on iconic Palm Lane in downtown Phoenix. Known as the Grunow Residence, this Spanish Revival home has been timelessly updated while still maintaining historic relevance. The chef's kitchen includes high-end Thermador appliances, granite c-tops and shaker-style cabinets w/ a large pantry. Other finishes include restored Hickory and Oak floors, newer Pella windows, dramatic beamed ceilings and gorgeous tile in the bathrooms. The finished basement is ideal for entertaining or family relaxation w/ a wet bar, surround-sound wiring and hand-painted murals (documented by the City of Phoenix) dating back to 1930. The lushly landscaped acre+ irrigated lot is a rare downtown commodity. Located a short walk from the light rail.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Other, Electric
    Cooling
    • Refrigerator
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,304 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1.07 Acres
    Details
    • Parcel number: 11852026A

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Phoenix

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,007 monthly

    Other

    Other facts
    • Cooling \ A\C
    • Exterior \ Storage Shed
    • Garage Count \ 2 Car Garage
    • Kitchen Eat-in Kitchen
    • Kitchen Granite Countertops
    • Sewer \ Public
    • Water \ City Water

    Price history

    DateEventPrice
    10/26/2021Sold$1,500,000+7.9%$454/sqft
    Source: ARMLS #6298989 Report a problem
    9/29/2021Pending sale$1,390,000$421/sqft
    Source: ARMLS #6298989 Report a problem
    9/28/2021Listing removed$1,390,000$421/sqft
    Source: ARMLS #6298989 Report a problem
    9/26/2021Listed for sale$1,390,000+46.5%$421/sqft
    Source: ARMLS #6298989 Report a problem
    3/17/2017Sold$948,500-4.7%$287/sqft
    Source: Public Record Report a problem
    4/11/2016Listing removed$3,900$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5408655 Report a problem
    4/6/2016Listing removed$995,000$301/sqft
    Source: Russ Lyon Sotheby's International Realty #5359185 Report a problem
    3/24/2016Price change$995,000-7%$301/sqft
    Source: Russ Lyon Sotheby's International Realty #5359185 Report a problem
    3/7/2016Listed for rent$3,900+5.4%$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5408655 Report a problem
    2/13/2016Price change$1,070,000-10.1%$324/sqft
    Source: Russ Lyon Sotheby''s International Realty #5359185 Report a problem
    11/6/2015Listed for sale$1,190,000-29.8%$360/sqft
    Source: Russ Lyon Sotheby''s International Realty #5359185 Report a problem
    7/13/2012Listing removed$3,700$1/sqft
    Source: Realty Executives #4758005 Report a problem
    6/5/2012Price change$3,700-7.5%$1/sqft
    Source: Realty Executives #4758005 Report a problem
    5/12/2012Listed for rent$4,000$1/sqft
    Source: Realty Executives #4758005 Report a problem
    7/25/2009Listing removed$1,695,000$513/sqft
    Source: HomeSmart #4168167 Report a problem
    6/13/2009Listed for sale$1,695,000+35.6%$513/sqft
    Source: HomeSmart #4168167 Report a problem
    2/15/2006Sold$1,250,000$378/sqft
    Source: ARMLS #2370375 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,153 +6.7%$146,520 +1.5%
    2024$7,641 +1.1%$144,420 +158.4%
    2023$7,561 -2.8%$55,892 -28.2%
    2022$7,778 -0.4%$77,870 +5.9%
    2021$7,808 +0.2%$73,530 -5%
    2020$7,794 +1.8%$77,420 +9.7%
    2019$7,659 $70,580 -0.6%
    2018$7,659 +7.7%$71,010 +27.7%
    2017$7,109 -22.2%$55,610 +11.3%
    2016$9,136 -2.3%$49,960 +1.5%
    2015$9,354 $49,230 -6.6%
    2014-- $52,730 +9.4%
    2013-- $48,210 +3.3%
    2012-- $46,650 +9.6%
    2011-- $42,550 -46.7%
    2010-- $79,810 -17.7%
    2009-- $96,920 +31.5%
    2008-- $73,700 +22%
    2007-- $60,400 +32.3%
    2006-- $45,650
    2005-- $45,650 +27.5%
    2004-- $35,800
    2003-- $35,800 +12.8%
    2002-- $31,750

    Find assessor info on the county website

    Neighborhood: Encanto

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emerson
    • Middle: Phoenix Prep
    • High: Phoenix Union Bioscience
    • District: 001 - Phoenix Elementary District

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

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    Estimated market value
    $1,911,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,911,900