118 E Palm Lane
Phoenix, AZ 85004
Encanto- 4 Beds
- 4 Baths
- 3,915 sqft (on 0.47 acres)
4 Beds
4 Baths
3,915 sqft
(on 0.47 acres)
Home Value
Trulia Estimate
$1.6MSince last month
Decreased$62K (-3.7%)Since last year
Decreased$259K (-14%)Since last sale
Decreased$55K (-3.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +84% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.6M |
| July 2026 | $1.66M |
| June 2026 | $1.66M |
| May 2026 | $1.66M |
| April 2026 | $1.7M |
| March 2026 | $1.79M |
| February 2026 | $1.9M |
| January 2026 | $1.92M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.50 | Single-Family Home | $1,500,000 | 06/15/26 | 5 | 3.5 | 3,661 | |
0.39 | Single-Family Home | $1,150,000 | 09/10/25 | 3 | 3 | 2,141 | |
0.37 | Single-Family Home | $1,070,000 | 11/21/25 | 3 | 3 | 1,964 | |
0.36 | Single-Family Home | $1,125,000 | 01/05/26 | 4 | 3 | 1,665 | |
0.47 | Single-Family Home | $1,299,000 | 05/07/26 | 3 | 3 | 2,649 | |
0.53 | Single-Family Home | $1,499,000 | 06/03/26 | 3 | 2.5 | 3,026 | |
0.90 | Single-Family Home | $1,167,000 | 04/24/26 | 4 | 4 | 3,785 | |
0.88 | Single-Family Home | $1,500,000 | 11/21/25 | 4 | 3 | 4,142 | |
0.60 | Single-Family Home | $1,074,000 | 07/14/26 | 4 | 3 | 3,114 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $2,200,000 | 4 | 4 | 3,699 | For Sale | |
0.04 | $210,000 | 2 | 2 | 1,450 | Recently Sold | |
0.05 | $330,000 | 2 | 2 | 1,500 | Recently Sold | |
0.05 | $465,000 | 3 | 2 | 1,948 | Recently Sold | |
0.06 | $295,800 | 3 | 2 | 1,700 | Off Market | |
0.06 | $298,900 | 3 | 2 | 1,700 | Off Market | |
0.06 | $337,400 | 2 | 2 | 1,400 | Off Market | |
0.06 | $316,600 | 2 | 2 | 1,740 | Off Market | |
0.06 | $324,500 | 2 | 2 | 1,400 | Recently Sold | |
0.06 | $336,800 | 2 | 2 | 1,450 | Off Market | |
0.06 | $338,500 | 2 | 2 | 1,450 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1925
Lot Size
0.47 acres
Living Area
3,915 sqft
Price/Sqft
$421/sqft
Parking
Garage
About this House
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.
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.
Last check for updates: about 17 hours ago
Listed by Kylie Berry, (480) 957-8466
Russ Lyon Sotheby's International Realty
David Arustamian, (480) 209-2615
Russ Lyon Sotheby's International Realty
Bought with: Anthony Kadi, (480) 580-6098, American Realty Brokers
Source: ARMLS, MLS#6972684

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 118 E Palm Lane
|
|---|
Interior Details Basement: Walk-Out Access,FinishedWet Bar |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3915 Square Feet |
Appliances & Utilities Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Gas CooktopDishwasherDisposalDryerLaundry: InsideRefrigeratorWasher |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Programmable ThmstatHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Family Room, Living RoomSpa: NoneHas a Fireplace |
Windows, Doors, Floors & Walls Window: Skylight(s), Double Pane WindowsFlooring: Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Tile, Wood |
|
|---|
Exterior Home Features Roof: Tile Built Up FoamPatio / Porch: CoveredFencing: BlockOther Structures: GazeboHas a Private Pool |
Parking & Garage Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Open Parking Spaces: 15No CarportHas a GarageHas Open ParkingParking Spaces: 17.5Parking: Gated,RV Gate,Garage Door Opener,Extended Length Garage,Circular Driveway,Attch'd Gar Cabinets,Storage,Detached |
Pool Pool: Diving PoolPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
|
|---|
Cumulative Days on Market: 143 |
|
|---|
Year Built Year Built: 1925 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Spanish |
Building Construction Materials: Stucco, Painted, AdobeNot Attached Property |
Property Information Parcel Number: 11852044Model Home Type: Historic Adobe |
|
|---|
Price List Price: $1,650,000Price Per Sqft: $421/sqft |
Status Change & Dates Off Market Date: Wed Aug 19 2026Possession Timing: Close Of Escrow |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: PhoenixCommunity: Los Olivos RE-AMD |
School Information Elementary School: Ralph Waldo Emerson Elementary SchoolElementary School District: Phoenix Elementary DistrictJr High / Middle School: Phoenix #1 iAcademyHigh School: North High SchoolHigh School District: Phoenix Union High School District |
|
|---|
Building Details Builder Name: C. Lewis Kelley |
Building Area Building Area: 3915 Square Feet |
|
|---|
Community Features: Near Light Rail Stop, Historic District |
|
|---|
HOA Fee Includes: No FeesNo HOA |
|
|---|
Lot Area: 0.47 acres |
|
|---|
Listing Terms: Cash, Conventional, VA Loan |
|
|---|
Energy Efficiency Features: Multi-Zones |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
BasementMls Number: 6972684 |
|
|---|
Near Light Rail StopHistoric District |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 18, 2026 Source: ARMLS #6972684 | Sold | $1,650,000 |
Aug 15, 2026 Source: ARMLS #6972684 | Pending | $1,749,900 |
Aug 15, 2026 Source: ARMLS #6972684 | PendingToActive | $1,749,900 |
Jul 9, 2026 Source: ARMLS #6972684 | Pending | $1,749,900 |
May 21, 2026 Source: ARMLS #6972684 | PriceChange | $1,749,900 Price decreased by 3% |
Apr 17, 2026 Source: ARMLS #6972684 | PriceChange | $1,799,900 Price decreased by 5% |
Mar 19, 2026 Source: ARMLS #6972684 | PriceChange | $1,895,000 Price decreased by 3% |
Feb 18, 2026 Source: ARMLS #6972684 | Listed For Sale | $1,950,000 |
Jun 2, 2025 Source: ARMLS #6775423 | ListingRemoved | $1,995,000 |
May 2, 2025 Source: ARMLS #6775423 | PriceChange | $1,995,000 Price decreased by 8% |
Apr 18, 2025 Source: ARMLS #6775423 | PriceChange | $2,175,000 Price decreased by 1% |
Oct 25, 2024 Source: ARMLS #6775423 | Listed For Sale | $2,200,000 |
Apr 23, 2018 Source: ARMLS #5727147 | Sold | $1,050,000 |
Feb 22, 2018 Source: Agent Provided | Listed For Sale | $1,100,000 |
Jan 3, 2018 Source: Agent Provided | ListingRemoved | $935,000 |
Sep 21, 2017 Source: Agent Provided | PriceChange | $935,000 Price decreased by 1% |
Jul 10, 2017 Source: Agent Provided | PriceChange | $945,000 Price decreased by 3% |
May 29, 2017 Source: Agent Provided | Listed For Sale | $975,000 |
Apr 24, 1997 Source: N/A | Sold | $310,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,911 | $1,433,200 |
Home facts updated by county records
Market trends in Encanto
Last updated July 2026
Avg. sale price
$454K
$14.33KMoM
Sale-to-List Price
98.0%
0.2%MoM
Price per sq ft
$326
$15MoM
Available listings
283
1MoM
Around this home
What Locals Say about Encanto
At least 534 Trulia users voted on each feature.
88 % Say it's dog friendly
84 % Say there are sidewalks
80 % Say car is needed
79 % Say parking is easy
70 % Say yards are well-kept
69 % Say it's walkable to restaurants
68 % Say there's holiday spirit
59 % Say people would walk alone at night
58 % Say streets are well-lit
53 % Say it's quiet
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
48 % Say kids play outside
46 % Say neighbors are friendly
32 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 118 E Palm Lane
- What is 118 E Palm Lane estimated to be worth?Trulia's estimated value for 118 E Palm Lane in Phoenix, AZ is $1,595,500.
- What is the price history for 118 E Palm Lane?118 E Palm Lane in Phoenix, AZ last sold for $1,650,000 in August 2026.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $454K. That is down $14.33K from the prior month.
- Does 118 E Palm Lane have air conditioning?Yes, 118 E Palm Lane in Phoenix, AZ has air conditioning.
- Does 118 E Palm Lane have a pool?Yes, 118 E Palm Lane in Phoenix, AZ has a pool.

