124 E Palm Ln
Phoenix, AZ 85004
Encanto- 3 Beds
- 3 Baths
- 3,304 sqft (on 1.07 acres)
3 Beds
3 Baths
3,304 sqft
(on 1.07 acres)
Local Information
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Description
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 Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 124 E Palm Ln
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Heating & Cooling Heating: Other, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Other |
Interior Details Number of Rooms: 8Types of Rooms: Dining RoomCeiling Fan |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: Other, TileExterior: StuccoPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Single Family HomeArchitecture: Spanish |
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Units in Building: 1 |
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Lot Area: 1.07 acres |
Price History for 124 E Palm Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 10/26/2021 | $1,500,000 | Sold | ARMLS #6298989 |
| 09/29/2021 | $1,390,000 | Pending | ARMLS #6298989 |
| 09/28/2021 | $1,390,000 | ListingRemoved | ARMLS #6298989 |
| 09/26/2021 | $1,390,000 | Listed For Sale | ARMLS #6298989 |
| 03/17/2017 | $948,500 | Sold | N/A |
| 04/11/2016 | $3,900 | ListingRemoved | Agent Provided |
| 04/06/2016 | $995,000 | ListingRemoved | Agent Provided |
| 03/24/2016 | $995,000 | PriceChange | Agent Provided |
| 03/07/2016 | $3,900 | Listed For Rent | Agent Provided |
| 02/13/2016 | $1,070,000 | PriceChange | Agent Provided |
| 11/06/2015 | $1,190,000 | Listed For Sale | Agent Provided |
| 07/13/2012 | $3,700 | ListingRemoved | Agent Provided |
| 06/05/2012 | $3,700 | PriceChange | Agent Provided |
| 05/12/2012 | $4,000 | Listed For Rent | Agent Provided |
| 07/25/2009 | $1,695,000 | ListingRemoved | Agent Provided |
| 06/13/2009 | $1,695,000 | Listed For Sale | Agent Provided |
| 02/15/2006 | $1,250,000 | Sold | ARMLS #2370375 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,153 |
| Assessment | $1,465,200 |
Home facts updated by county records
Comparable Sales for 124 E Palm Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $1,865,000 | 05/22/25 | 4 | 4 | 3,410 | |
0.18 | Single-Family Home | $1,814,864 | 07/17/25 | 3 | 4 | 4,747 | |
0.42 | Single-Family Home | $1,150,000 | 09/10/25 | 3 | 3 | 2,141 | |
0.49 | Single-Family Home | $1,299,000 | 05/07/26 | 3 | 3 | 2,649 | |
0.39 | Single-Family Home | $1,070,000 | 11/21/25 | 3 | 3 | 1,964 | |
0.56 | Single-Family Home | $1,350,000 | 05/29/25 | 4 | 3 | 2,491 | |
0.39 | Single-Family Home | $1,125,000 | 01/05/26 | 4 | 3 | 1,665 | |
0.58 | Single-Family Home | $1,290,000 | 11/24/25 | 3 | 3 | 2,118 | |
0.45 | Single-Family Home | $1,100,000 | 07/15/25 | 4 | 4 | 2,754 | |
0.42 | Single-Family Home | $955,000 | 04/01/26 | 3 | 2 | 2,090 |
Assigned Schools
These are the assigned schools for 124 E Palm Ln.
What Locals Say about Encanto
At least 533 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
68 % 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
Learn more about our methodology.
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124 E Palm Ln, Phoenix, AZ 85004 is a 3 bedroom, 3 bathroom, 3,304 sqft single-family home built in 1930. 124 E Palm Ln is located in Encanto, Phoenix. This property is not currently available for sale. 124 E Palm Ln was last sold on Oct 26, 2021 for $1,500,000. The current Trulia Estimate for 124 E Palm Ln is $1,864,300.