1620 E Palm Ln
Phoenix, AZ 85006
Encanto- 7 Beds
- 7 Baths
- 2,799 sqft (on 0.47 acres)
7 Beds
7 Baths
2,799 sqft
(on 0.47 acres)
Home Value
Trulia Estimate
$836KSince last month
Increased$12K (+1.5%)Since last year
Decreased$83K (-9%)Since last sale
Increased$318K (+61.2%)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 +306% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $838K |
| July 2026 | $826K |
| June 2026 | $867K |
| May 2026 | $847K |
| April 2026 | $866K |
| March 2026 | $871K |
| February 2026 | $868K |
| January 2026 | $871K |
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 |
|---|---|---|---|---|---|---|---|
0.93 | Multi-Family Home | $970,000 | 01/05/26 | 6 | 4 | 3,400 | |
0.87 | Multi-Family Home | $537,000 | 06/12/26 | 6 | 5 | 2,567 | |
0.93 | Multi-Family Home | $425,000 | 06/03/26 | 4 | 4 | 2,280 | |
1.12 | Multi-Family Home | $565,000 | 02/05/26 | 6 | 4 | 1,800 | |
1.50 | Multi-Family Home | $420,000 | 04/07/26 | 6 | 4 | 2,700 | |
1.18 | Multi-Family Home | $850,000 | 03/31/26 | 8 | 4 | 2,660 | |
1.36 | Multi-Family Home | $575,000 | 09/19/25 | 9 | 4 | 2,500 | |
0.59 | Multi-Family Home | $499,000 | 07/17/26 | 2 | 1 | 1,216 | |
0.64 | Multi-Family Home | $432,500 | 03/19/26 | 4 | 2 | 1,568 | |
1.31 | Multi-Family Home | $900,000 | 02/04/26 | 8 | 9 | 4,041 |
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 |
|---|---|---|---|---|---|---|
0.08 | $361,400 | 3 | 1 | 1,547 | Off Market | |
0.13 | $586,000 | 4 | 2 | 1,513 | Off Market | |
0.15 | $639,200 | 3 | 2 | 1,712 | Off Market | |
0.14 | $477,100 | 3 | 3 | 1,493 | Off Market | |
0.14 | $462,900 | 3 | 3 | 1,493 | Off Market | |
0.14 | $362,500 | Studio | 1 | 1,276 | Off Market | |
0.14 | $370,000 | 3 | 1 | 1,222 | Recently Sold | |
0.12 | $458,100 | 3 | 2 | 1,693 | Off Market | |
0.13 | $454,900 | 3 | 2 | 1,547 | Off Market | |
0.17 | $505,600 | 4 | 2 | 1,812 | Off Market | |
0.17 | $450,000 | - | - | - | For Sale | |
0.18 | $845,000 | 3 | 2 | 1,949 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1947
Lot Size
0.47 acres
Living Area
2,799 sqft
Price/Sqft
$299
About this House
Seven unit apartment complex in the Encanto district near downtown Phoenix.
1620 E Palm Ln, Phoenix, AZ 85006 is a 7 bedroom, 7 bathroom, 2,799 sqft multi-family in Encanto, built in 1947. It last sold for $520,000 on Nov 5, 2019. More recently, it was listed as a rental in October 2019 with an asking price of $850 per month. That rental listing was removed on November 9, 2019. It is currently off market. The Trulia Estimate is $836,400, with a rent estimate of $1,956/month.
Home Details for 1620 E Palm Ln
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Heating & Cooling Heating: ElectricAir ConditioningCooling System: WallHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
Appliances & Utilities MicrowaveRefrigerator |
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Exterior Home Features Roof: OtherExterior: Brick |
Parking & Garage Parking Spaces: 12Parking: Off Street |
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Year Built Year Built: 1947Year Updated: 1947 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 7 |
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Lot Area: 0.47 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 29, 2025 Source: ARMLS #6869774 | ListingRemoved | $925,000 |
Oct 19, 2025 Source: ARMLS #6869774 | PriceChange | $925,000 Price decreased by 7% |
Aug 14, 2025 Source: ARMLS #6869774 | PriceChange | $995,000 Price decreased by 0% |
Jun 11, 2025 Source: ARMLS #6869774 | PriceChange | $999,999 Price decreased by 0% |
May 22, 2025 Source: ARMLS #6869774 | Listed For Sale | $1,000,000 |
Nov 9, 2019 Source: Agent Provided | ListingRemoved | $850 |
Nov 5, 2019 Source: ARMLS #5986176 | Sold | $520,000 |
Oct 29, 2019 Source: Agent Provided | Listed For Rent | $850 |
Oct 2, 2019 Source: Agent Provided | PriceChange | $575,000 Price increased by 5% |
Jul 12, 2019 Source: Agent Provided | PriceChange | $550,000 Price increased by 64,606% |
Jun 3, 2019 Source: Agent Provided | ListingRemoved | $850 |
Jun 3, 2019 Source: Agent Provided | Listed For Sale | $575,000 |
Apr 26, 2019 Source: Agent Provided | Listed For Rent | $850 |
Apr 25, 2019 Source: Agent Provided | ListingRemoved | $650,000 |
Apr 5, 2019 Source: Agent Provided | PriceChange | $650,000 Price decreased by 7% |
Feb 21, 2019 Source: Agent Provided | Listed For Sale | $699,000 |
Nov 29, 2017 Source: N/A | Sold | $331,500 |
Oct 18, 2015 Source: Agent Provided | ListingRemoved | $280,000 |
Sep 14, 2015 Source: Agent Provided | Listed For Sale | $280,000 |
Mar 21, 2014 Source: ARMLS #5069550 | Sold | $135,000 |
Feb 14, 2014 Source: Agent Provided | Listed For Sale | $145,000 |
Jun 20, 2005 Source: N/A | Sold | $270,000 |
Oct 31, 2002 Source: N/A | Sold | $250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,224 | $561,300 |
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 1620 E Palm Ln
- What is 1620 E Palm Ln estimated to be worth?Trulia's estimated value for 1620 E Palm Ln in Phoenix, AZ is $836,400.
- What is the price history for 1620 E Palm Ln?1620 E Palm Ln in Phoenix, AZ last sold for $520,000 in November 2019.
- 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 1620 E Palm Ln have air conditioning?Yes, 1620 E Palm Ln in Phoenix, AZ has air conditioning.
- Does 1620 E Palm Ln have parking?Yes, 1620 E Palm Ln in Phoenix, AZ has on-site parking.

