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Sold for $1,150,000
  • $1,150,000

    525 W PALO VERDE Drive, Phoenix, AZ 85013

    4beds
    2,650sqft
    Single Family Residence
    Built in 1950
    0.39 Acres Lot
    $1,150,100 Zestimate®
    $434/sqft
    $4,714 Estimated rent

    Home value

    $1,150,100

    $1.06M - $1.25M

    $4,714/mo

    Zestimate® history
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    What's special

    Sparkling poolExtended covered patioLush irrigated grass yardMidcentury fireplaceArizona roomTropical-inspired pool areaUpdated kitchen
    Located in the highly sought-after Madison School District, this charming ranch-style home blends classic character with modern updates and expansive outdoor living on a nearly ½-acre flood-irrigated lot. Featuring 4 bedrooms, 2.5 bathrooms, and a 2-car garage, the property offers ample space to live, work, and entertain. Inside, large-format tile flows throughout the home, which includes two living areas, a formal dining room, and an updated kitchen. The Arizona room features a midcentury fireplace, epoxied cement flooring, and a wall of windows overlooking the verdant backyard. Vinyl dual-pane windows and glass doors fill the home with natural light. The kitchen is both stylish and functional, featuring quartz countertops, 42'' white upper cabinetry, cherrywood lower cabinets, and black stainless steel appliances that create an inviting space for everyday living and entertaining. The primary suite includes a spacious walk-in closet, while two secondary bedrooms are connected by a convenient Jack-and-Jill bathroom. A fourth bedroom, located near the front living room, also works well as a home office. The flexible floor plan offers versatility for a variety of lifestyles and includes a separate detached flex space with endless possibilities as a home office, art or fitness studio, guest retreat, or future traditional casita. Step outside to your own private oasis, complete with a sparkling pool, extended covered patio, mature fruit trees, and a lush irrigated grass yard. The tropical-inspired pool area provides the perfect setting for relaxing, entertaining, or enjoying Arizona's beautiful weather year-round. A large storage shed adds even more convenience and functionality to this exceptional property. Ideally located within walking distance to the Uptown Farmers Market and the Bridle Path, the home is close to excellent shopping and dining, with quick access to freeways and downtown Phoenix.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kandis Palmer 602-741-7531,

    RETSY

    Bought with:

    Phillip Geretti, BR046673000

    Highland Real Estate

    Rick Ramella, SA626491000

    Highland Real Estate

    Source: ARMLS,MLS#: 7034507MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Dishwasher, Gas Range
    Features
    • Granite Counters, No Interior Steps, Kitchen Island, Full Bth Master Bdrm
    • Flooring: Tile, Concrete
    • Windows: Low Emissivity Windows, Double Pane Windows, Vinyl Frame
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,650
    • Total interior livable area: 2,650 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Spa features: None, Bath
    • Fencing: Block
    Lot
    • Size: 0.39 Acres
    • Features: North/South Exposure, Grass Front, Grass Back
    Details
    • Additional structures: Shed(s)
    • Parcel number: 16230032

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Painted, Brick
    • Roof: Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Subdivision: VALLOMBROSA
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $434/sqft
    • Tax assessed value: $903,200
    • Annual tax amount: $5,020
    • Date on market: 5/30/2026
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/10/2026Sold$1,150,000+4.7%$434/sqft
    Source: ARMLS #7034507 Report a problem
    5/29/2026Listed for sale$1,098,000+83.3%$414/sqft
    Source: ARMLS #7034507 Report a problem
    4/15/2020Sold$599,000-3.2%$226/sqft
    Source: ARMLS #5915176 Report a problem
    12/13/2019Price change$619,000-1.7%$234/sqft
    Source: Coldwell Banker Residential Brokerage - Arcadia - Central Phoenix #5915176 Report a problem
    8/16/2019Price change$630,000-1.6%$238/sqft
    Source: Coldwell Banker Residential Brokerage - Arcadia - Central Phoenix #5915176 Report a problem
    4/23/2019Listed for sale$640,000+1.7%$242/sqft
    Source: Coldwell Banker Residential Brokerage #5915176 Report a problem
    9/26/2018Listing removed$629,000$237/sqft
    Source: HomeSmart #5761793 Report a problem
    7/24/2018Price change$629,000-3.2%$237/sqft
    Source: HomeSmart #5761793 Report a problem
    6/9/2018Price change$649,500-2.3%$245/sqft
    Source: HomeSmart #5761793 Report a problem
    5/5/2018Listed for sale$665,000+56.5%$251/sqft
    Source: HomeSmart #5761793 Report a problem
    5/3/2013Sold$425,000$160/sqft
    Source: Public Record Report a problem
    2/16/2013Listed for sale$425,000$160/sqft
    Source: Integrity First LLC #4891342 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,020 +5.5%$90,320 -3.6%
    2024$4,758 +3.1%$93,670 +139.4%
    2023$4,615 +3.5%$39,129 -36.8%
    2022$4,459 +0.5%$61,880 +11.3%
    2021$4,437 +2.3%$55,580 -1.5%
    2020$4,337 +2.7%$56,400 +9%
    2019$4,223 $51,730 +5.6%
    2018$4,223 +5.3%$48,970 +2.5%
    2017$4,009 +11.5%$47,780 +7.6%
    2016$3,595 +5.7%$44,410 +11.6%
    2015$3,402 $39,780 +45.1%
    2014-- $27,410 +19.5%
    2013-- $22,930 -4.5%
    2012-- $24,000 -32.8%
    2011-- $35,720 -6.7%
    2010-- $38,280 -9.5%
    2009-- $42,300 -9.3%
    2008-- $46,650 +13.5%
    2007-- $41,100 +43.2%
    2006-- $28,700
    2005-- $28,700 +21.4%
    2004-- $23,650
    2003-- $23,650 +20.1%
    2002-- $19,700
    Find assessor info on the county website

    Neighborhood: Alhambra

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison Meadows School
    • Middle: Madison Meadows School
    • High: Central High School
    • District: Madison 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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    Estimated market value
    $1,150,100
    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
    $1,150,100