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 an office 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 INVESTMENT opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites!
Sold for $899,999
$899,999
541 W PALM Lane, Phoenix, AZ 85003
4beds
1,815sqft
Single Family Residence
Built in 1940
8,715 Square Feet Lot
$875,200 Zestimate®
$496/sqft
$3,450 Estimated rent
Home value
$875,200
$831,000 - $919,000
$3,450/mo
Zestimate® history
Owner options
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$5,111/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
James Judge 480-389-6441,
HomeSmart,
Jessica Ballantyne 602-897-4938,
HomeSmart
Bought with:
Non-MLS Agent
Non-MLS Office
Source: ARMLS,MLS#: 6986551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range
Features
- Pantry, Quartz Countertops, Double Vanity, Full Bth Master Bdrm
- Flooring: Tile, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,815
- Total interior livable area: 1,815 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Features
- Stories: 1
- Exterior features: Private Yard
- Spa features: None
- Fencing: Block
Lot
- Size: 8,715 sqft
- Features: North/South Exposure, Alley, Grass Front, Grass Back
Details
- Parcel number: 11857037
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Painted, Brick
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Community
- Community features: Historic District
Location
- Region: Phoenix
- Subdivision: NORTH KENILWORTH BLKS 1 THROUGH 8
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Sold | $899,999$496/sqft |
Source:  ARMLS #6986551 Report a problem | ||
| 6/21/2026 | Pending sale | $899,999$496/sqft |
Source: ARMLS #6986551 Report a problem | ||
| 4/25/2026 | Listed for sale | $899,999$496/sqft |
Source: ARMLS #6986551 Report a problem | ||
| 4/14/2026 | Pending sale | $899,999$496/sqft |
Source: ARMLS #6986551 Report a problem | ||
| 3/12/2026 | Listed for sale | $899,999-4.8%$496/sqft |
Source: ARMLS #6986551 Report a problem | ||
| 8/18/2025 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/5/2025 | Price change | $3,500-16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/16/2025 | Listed for rent | $4,200+265.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/16/2025 | Listing removed | $945,000$521/sqft |
Source: ARMLS #6846068 Report a problem | ||
| 6/7/2025 | Price change | $945,000-0.5%$521/sqft |
Source: ARMLS #6846068 Report a problem | ||
| 5/2/2025 | Price change | $950,000-2.6%$523/sqft |
Source: ARMLS #6846068 Report a problem | ||
| 4/4/2025 | Listed for sale | $975,000+21.9%$537/sqft |
Source: ARMLS #6846068 Report a problem | ||
| 6/13/2022 | Sold | $800,000$441/sqft |
Source: ARMLS #6393198 Report a problem | ||
| 6/10/2022 | Pending sale | $800,000$441/sqft |
Source: ARMLS #6393198 Report a problem | ||
| 5/10/2022 | Listed for sale | $800,000+119.2%$441/sqft |
Source: ARMLS #6393198 Report a problem | ||
| 2/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/14/2022 | Listed for rent | $1,150-64.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/31/2021 | Listed for rent | $3,200$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2016 | Sold | $365,000$201/sqft |
Source: Public Record Report a problem | ||
| 1/30/2016 | Pending sale | $365,000$201/sqft |
Source: RE/MAX EXCALIBUR #5389775 Report a problem | ||
| 1/28/2016 | Listed for sale | $365,000+4.3%$201/sqft |
Source: RE/MAX Excalibur #5389775 Report a problem | ||
| 5/9/2015 | Listing removed | $350,000$193/sqft |
Source: Realty One Group #5260714 Report a problem | ||
| 4/25/2015 | Price change | $350,000-12.5%$193/sqft |
Source: Realty ONE Group #5260714 Report a problem | ||
| 4/5/2015 | Listed for sale | $399,900+150.1%$220/sqft |
Source: Realty One Group #5260714 Report a problem | ||
| 9/20/2011 | Sold | $159,900-8.6%$88/sqft |
Source: Public Record Report a problem | ||
| 6/25/2011 | Listed for sale | $174,900-34.1%$96/sqft |
Source: West USA Realty #4581124 Report a problem | ||
| 3/17/2011 | Sold | $265,500-36%$146/sqft |
Source: Public Record Report a problem | ||
| 4/17/2007 | Sold | $414,799+334.1%$229/sqft |
Source: Public Record Report a problem | ||
| 6/10/1994 | Sold | $95,547$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,210 +6.2% | $33,985 +0.6% |
| 2024 | $2,081 +1% | $33,790 +139.4% |
| 2023 | $2,061 +3.7% | $14,113 -36.1% |
| 2022 | $1,987 -0.4% | $22,090 +5.6% |
| 2021 | $1,995 +0.2% | $20,925 +4.1% |
| 2020 | $1,992 +1.7% | $20,110 +12.4% |
| 2019 | $1,958 | $17,885 +4% |
| 2018 | $1,958 +2.4% | $17,190 +4.5% |
| 2017 | $1,912 +8.4% | $16,455 +1.7% |
| 2016 | $1,764 +6.1% | $16,175 +4.3% |
| 2015 | $1,663 | $15,515 +44.6% |
| 2014 | -- | $10,730 -0.2% |
| 2013 | -- | $10,750 +5.6% |
| 2012 | -- | $10,180 -11.8% |
| 2011 | -- | $11,540 -21.6% |
| 2010 | -- | $14,725 -30.7% |
| 2009 | -- | $21,240 +14.3% |
| 2008 | -- | $18,575 +10.2% |
| 2007 | -- | $16,850 +65.2% |
| 2006 | -- | $10,200 |
| 2005 | -- | $10,200 +32% |
| 2004 | -- | $7,725 +0.7% |
| 2003 | -- | $7,675 +9.6% |
| 2002 | -- | $7,000 |
Find assessor info on the county website
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 5/10Kenilworth Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Central High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Kenilworth Elementary School
- Middle: Kenilworth Elementary School
- High: Central 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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Estimated market value
$875,200
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
$875,200
- Arizona
- Maricopa County
- Phoenix
- 85003
- Encanto
- 541 W PALM Lane
Nearby cities
Nearby neighborhoods
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