1242 E PALACIO Lane, Phoenix, AZ 85014
Property image
Property image
OFF MARKET

1242 E PALACIO Lane
Phoenix, AZ 85014

Camelback East
  • 2 Beds
  • 2 Baths
  • 1,416 sqft

$549,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,084/mo*
Refinance Your Home

$549,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,084/mo*
Refinance Your Home
2 Beds
2 Baths
1,416 sqft

Local Information

  • Map ViewExplore the area around 1242 E PALACIO Lane.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1973
Living Area
1,416 sqft
Price/Sqft
$388
Parking
Garage
HOA
$240/Monthly

About this House

I M P E C C A B L E! You'll love the way Stamen Thomas designed & built Palacio del Sol. The Spanish architecture & painted rough sawn beams, and dining room firplace are 3 unforgettable touches that make this villa so lovely. New saltillo courtyard andf back patio, new cabinets, countertops, LED lights, showers, and custom concrete floors. There's a 2 car garage and outdoor storage too. You'll be close to all the good stuff: restaurants, 51 freeway, airport, downtown PHX and all the venues that make Central Phoenix living great.
1242 E PALACIO Lane, Phoenix, AZ 85014 is a 2 bedroom, 2 bathroom, 1,416 sqft townhouse in Camelback East, built in 1973. It last sold for the $569,000 asking price on Jul 12, 2024. It is currently off market. The Trulia Estimate is $549,800, with a rent estimate of $2,177/month.

Home Details for 1242 E PALACIO Lane

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1416 Square Feet
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Window: Skylight(s)
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1
Security
Security: Security System Owned

Exterior Features

Exterior Home Features
Roof: FoamPatio / Porch: PatioFencing: BlockExterior: Private Street(s), Private YardHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Garage Door Opener
Pool
Pool: FencedPool
Frontage
Responsible for Road Maintenance: Private Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseArchitecture: Santa Barbara/Tuscan
Building
Construction Materials: Stucco, Wood Frame, PaintedAttached To Another Structure
Property Information
Parcel Number: 16203092

Price & Status

Price
List Price: $569,000
Status Change & Dates
Off Market Date: Sun Jun 23 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: PhoenixCommunity: PALACIO DEL SOL
School Information
Elementary School: Madison Rose Lane SchoolElementary School District: Madison Elementary DistrictHigh School: North High SchoolHigh School District: Phoenix Union High School District

Building

Building Details
Builder Name: Stamen Thomas
Building Area
Building Area: 1416 Square Feet

HOA

HOA Fee Includes: Maintenance Grounds, Street Maint, TrashHOA Name: Palacio Del SolHOA Phone: 480-239-4739Has an HOAHOA Fee: $720/Quarterly

Lot Information

Lot Area: 3332 sqft

Listing Info

Special Conditions: Owner/Agent

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6721993
Last check for updates: about 4 hours ago
Listed by John A Cunningham, (602) 558-3843
eXp Realty
Bought with: Randy P Stopher, (480) 270-9130, West USA Realty
Source: ARMLS, MLS#6721993
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 1242 E PALACIO Lane

DatePriceEventSource
07/12/2024$569,000Sold
ARMLS #6721993
06/23/2024$569,000PendingARMLS #6721993
06/21/2024$569,000Listed For SaleARMLS #6721993
05/14/2024$414,000Sold
ARMLS #6658018
04/29/2024$450,000PendingARMLS #6658018
04/02/2024$450,000PendingToActiveARMLS #6658018
02/23/2024$475,000ContingentARMLS #6658018
02/01/2024$475,000Listed For SaleARMLS #6658018
07/19/1994$86,000Sold
N/A

Market trends in Camelback East

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$625K
$20.58KMoM
Sale-to-List Price
97.0%
0.2%MoM
Price per sq ft
$378
$2MoM
Available listings
854
54MoM
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Property Tax and Assessment

Year2025
Tax$2,740
Assessment$414,700
Home facts updated by county records

Comparable Sales for 1242 E PALACIO Lane

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5538 N 10TH Street, Phoenix, AZ
0.38
Townhouse
$445,000
05/20/26
2
2
1,254
5830 N 12TH Place #3, Phoenix, AZ
0.27
Townhouse
$500,000
11/26/25
2
2
1,721
1274 E AVENIDA HERMOSA --, Phoenix, AZ
0.28
Townhouse
$340,999
02/27/26
2
2
1,065
1016 E ROSE Lane, Phoenix, AZ
0.62
Townhouse
$532,000
06/15/26
2
2
1,698
5812 N 12th Street #33, Phoenix, AZ
0.25
Townhouse
$575,000
05/29/26
3
3
2,036
5576 N 12TH Street, Phoenix, AZ
0.13
Townhouse
$795,000
05/04/26
3
2.5
2,326
5314 N LAS CASITAS Place, Phoenix, AZ
0.63
Townhouse
$459,000
03/20/26
2
2
1,538
5825 N 12TH Street #4, Phoenix, AZ
0.25
Townhouse
$545,000
05/19/26
3
2.5
1,939
6026 N 11TH Street, Phoenix, AZ
0.41
Townhouse
$495,000
02/13/26
3
2
1,766
5333 N LAS CASITAS Place, Phoenix, AZ
0.62
Townhouse
$452,000
10/01/25
2
2
1,644

Nearby homes

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Assigned Schools

These are the assigned schools for 1242 E PALACIO Lane.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Camelback East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Camelback East

At least 1117 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say there are sidewalks

  • 75 % Say parking is easy

  • 73 % Say it's walkable to restaurants

  • 70 % Say there's holiday spirit

  • 65 % Say yards are well-kept

  • 62 % Say it's quiet

  • 62 % Say it's walkable to grocery stores

  • 61 % Say people would walk alone at night

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Arielle Faulkner
    "Lots of schools near but I’m not a parent so I couldn’t say how the great the schools are."
    0
    Flag
  • Delmer Contreras
    "Madison school district is one of the best in AZ. We have everything from clothing, food, parks, big dog parks, bars, restaurants, car dealerships, and coffee shops. What else can we ask for? I been here for 12yrs and counting "
    0
    Flag
  • David S Shook
    "Farmers market, walking trails, great hotels, and nice people. This is our tenth year staying in the Biltmore area. "
    0
    Flag
  • ari rubinov
    "Kept a tight circle and the best was is to keep communicating and everything will be surface so ea king safer area"
    1
    Flag
  • Abby V.
    "People are always out walking their dogs. We live right by the canal where there’s a path you can walk with your pooch, and possibly meet another dog!!"
    3
    Flag
  • Laylag341
    "Not lots of greenery. Specific patches of grass for doggy usage. One dog park in a couple mile radius "
    0
    Flag
  • Mluck08
    "I’ve lived in this neighborhood for 3 years and I love it . It’s a nice beautiful area surrounded by the desert landscape"
    4
    Flag
  • Richardlusania798
    "Phoenix has its pockets of good and bad. If you like a slower pace of life than Phoenix is not for you. If you like entertainment the city has plenty to do but prepared for long lines."
    3
    Flag
  • Onesportfan
    "I have stayed here for a week and but my uncles have lived here for a year and they love this place "
    7
    Flag
  • Cameron
    "Close to great schools, quality dining and shopping, easy access to freeways. Neighborhood is active and friendly. "
    1
    Flag
  • Carl Thompson
    "Great place to live and raise children. Scottsdale school district is great. Close to the action without being in the action. 10 minutes from Old Towne Scottsdale and all it’s glory"
    1
    Flag
  • Vincent Aviles
    "There are none that I am aware of. My wife and I moved here four years ago and we have yet to see any type of neighborhood activities or get togethers. It would be nice if block parties existed out here. "
    5
    Flag
  • Dayna Donovan
    "It’s pretty dog friendly and the canal is close. While there are a lot of folks who walk their dogs it manages to be quiet and respectful on most walks."
    4
    Flag
  • Bruce Wayne
    "We have neighborhood potlucks , we have wonder bicycling in our area and property’s are well maintained. Lots of walkers and pet walkers, and feel safe in our neighborhood "
    2
    Flag
  • Trulia User
    "There can be a high rate of crime in the area with a large homeless population, and the city doesn't maintain parks and public places. It's home to me as I grew up here and love it, but there are definitely downsides."
    2
    Flag
  • Prancer
    "Great place to raise kids. lots of hills for skating and not much worry about creepers. The mountain is not far away and thats a great hike with an amazing view."
    1
    Flag
  • Trulia User
    "From what I have experienced over the last 18 months of living in this neighborhood, it is a very quiet and safe area for everyone, from singles to those with families. "
    1
    Flag
  • Trulia User
    "I always see a lot of dogs being walked around the area and for the most part people pick up after their dogs as well "
    1
    Flag
  • Trulia User
    "There are a few hiking spots close by, there is a nice running trail that runs alongside the canal and Camelback Rd. Southwest Human Development makes its home here supporting early childhood for much of Maricopa County. There’s no shortage of businesses around here. This area borders the more well to do Arcadia and Biltmore neighborhoods as well as the more decidedly homeless and drugee scene that runs South of Thomas Rd. It’s a typical Phoenix neighborhood otherwise."
    14
    Flag
  • Trulia User
    "Solid character and there’s a vibe of friendliness to whole area. I enjoy living here and when I move I hope to stay in the same area as well."
    11
    Flag
  • Trulia User
    "I love the convenience of everything here. There is a variety of shops and dining options. I never have to go more than 2 miles to find what I need. "
    4
    Flag
  • Trulia User
    "It's a great place for the whimsical. There is just about everything within walking distance. That you could possibly think the neighbors. Are very friendly. "
    1
    Flag
  • Trulia User
    "Always fun dog action and a family atmosphere! We love you asking all over the area. Looking for a house in the area for our dog and there’s plenty to offer in this area. "
    0
    Flag
  • Trulia User
    "We have bus route on 12th st and on E camelback rd. I drive to my job. The 51 highway is also near.."
    0
    Flag
  • Trulia User
    "I enjoy living in this neighborhood I’m close to everything and there’s a lot of great restaurants around "
    3
    Flag
  • Trulia User
    "everything is going well for me and my family mmvcv thank you I will stay around here the schools are very good around here "
    0
    Flag
  • Trulia User
    "traffic is heavy here at certain times of the day. 2pm to 6pm very busy. try not to go anywhere unless you have to. use glenrosa to 24th St to get on Indian school road. also take the same way back. alot easier that way."
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood and refuse to leave the zip code! It has convenience and style and meets my needs "
    4
    Flag
  • Trulia User
    "My neighborhood is close to good shopping. close to Camelback . good mall shopping. easy to get to. and restaurants. "
    1
    Flag
  • Trulia User
    "Dogs are everywhere and most people are good dog owners. Every once in a while, someone will have their dog off leash that is not well-trained enough. But it’s rare. Also, at times there are coyotes about. Most of the time they run. Away from people, but I imagine owners with small dogs might feel a bit nervous to see one. "
    0
    Flag
  • Trulia User
    "The townhomes I live in have a dog run/park at the end of the street. Also, they have pet waste bag and bin stations throughout the complex for their convenience. "
    0
    Flag
  • Trulia User
    "My Neighborhood has a great location spot for transit there on time never thought I catch a late bus ..."
    0
    Flag
  • Trulia User
    "Easy and short. It only takes 10 minutes to get to work and I only have minimal traffic. I drive most days and ride my bike on a few."
    0
    Flag
  • Trulia User
    "Everything is close by. Airport is easy to get to, popular restaurants are close and lots of variety. Lots,of ways to get around, freeway as well as cross town."
    0
    Flag
  • Trulia User
    "there's nothing really special here, it's safe low crime but otherwise it's just the neighborhood. I made friends with two other neighbors but that's been about the extend of the friendliness of the neighborhood."
    0
    Flag
  • Trulia User
    "I don't know of any. I like the area because of the shopping. if people would clean up behind themselves and it might be a better area."
    0
    Flag
  • Trulia User
    "Been here 4 years and I absolutely love it here! Neighborhoods are nice and well-maintained. I love to go for walks at night it’s totally safe I’ve never had an issue."
    0
    Flag
  • Elsie R.
    "Work from home, used to drive to old town Scottsdale, commute wasn’t horrible about 25 minutes on Indian school."
    6
    Flag
  • Shane J.
    "there’s a lot of animals like chickens in the neighborhood so depending on how your animal reacts to them it can be a good or bad thing "
    2
    Flag
  • Psanders0331
    "We have a great neighborhood anyone who would move here would be very grateful for their neighbors. We all look at each for each other"
    3
    Flag

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Homes for sale near 1242 E PALACIO Lane

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Off Market Homes Near 1242 E PALACIO Lane

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Frequently asked questions about 1242 E PALACIO Lane

  • What is 1242 E PALACIO Lane estimated to be worth?
    Trulia's estimated value for 1242 E PALACIO Lane in Phoenix, AZ is $549,800.
  • What is the price history for 1242 E PALACIO Lane?
    1242 E PALACIO Lane in Phoenix, AZ last sold for $569,000 in July 2024.
  • 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 $625K. That is up $20.58K from the prior month.
  • Does 1242 E PALACIO Lane have air conditioning?
    Yes, 1242 E PALACIO Lane in Phoenix, AZ has air conditioning.
  • Does 1242 E PALACIO Lane have a pool?
    Yes, 1242 E PALACIO Lane in Phoenix, AZ has a pool.