361 E PALM Lane
Phoenix, AZ 85004
Encanto- 2 Beds
- 2 Baths
- 1,684 sqft
2 Beds
2 Baths
1,684 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1969
Living Area
1,684 sqft
Price/Sqft
$337
Parking
Garage
HOA
$330/Monthly
About this House
Rare opportunity in a remarkable location! Tucked away in a quintessential community of only 14 patio homes adjacent to the sought-after Los Olivos & Alvarado neighborhoods; turning into this private drive feels like entering a secret garden. Enter through custom & secure iron front gate courtyard. Spacious single level 2 bedroom, 2 bath unit with large living room, an extra den/office, plus large functional laundry room with extra storage. This turn-key home has been lovingly updated and well-maintained by the seller. BEAUTIFUL galley-style kitchen with granite countertops, Sub Zero fridge, stainless steel hood, soft close cabinets, and plenty of counter space! Timeless travertine tile floors in all the main spaces. Anderson windows & Doors, TRANE AC. Relax in the large primary suite with its lux ensuite bathroom, ample closet space & steel security screen door to back patio. Enjoy the community pool just a few steps from this unit. Prime central location; walk or bike to work or some of the best restaurants, shopping, entertainment, and museums in downtown Central Phoenix. See this hidden gem before it's gone!
Home Details for 361 E PALM Lane
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1684 Square Feet |
Heating & Cooling Heating: Electric,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: OtherSpa: NoneHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Stone, TileCommon Walls: Two Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Carpet, Stone, Tile |
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Exterior Home Features Roof: Tile Built Up FoamPatio / Porch: PatioFencing: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Direct Access |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Cumulative Days on Market: 16 |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Territorial/Santa Fe |
Building Construction Materials: Stucco, Painted, Slump BlockAttached To Another Structure |
Property Information Usage of Home: NoneParcel Number: 11854073 |
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Price List Price: $595,000 |
Status Change & Dates Off Market Date: Fri Jul 11 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: 353-371 EAST PALM LANE LOTS 1 THRU 14 |
School Information Elementary School: Ralph Waldo Emerson Elementary SchoolElementary School District: Phoenix Elementary DistrictJr High / Middle School: Ralph Waldo Emerson Elementary SchoolHigh School: Central High SchoolHigh School District: Phoenix Union High School District |
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Building Area Building Area: 1684 Square Feet |
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Community Features: Near Light Rail Stop, Near Bus Stop, Historic District |
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HOA Fee Includes: Pest Control, Trash, Water, Maintenance ExteriorHOA Name: Palm Lane Alley HOAHOA Phone: 480-759-4945Has an HOAHOA Fee: $330/Monthly |
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Lot Area: 2509 sqft |
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Listing Terms: Cash, Conventional, 1031 Exchange, VA Loan |
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Business Information Ownership: Fee Simple |
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Mls Number: 6874529Attribution Contact: 602-339-3567 |
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Near Light Rail StopNear Bus StopHistoric District |
Last check for updates: about 10 hours ago
Listed by Lisa Brown, (602) 339-3567
HomeSmart
Bought with: Carla England, (602) 723-0941, eXp Realty
Source: ARMLS, MLS#6874529

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 361 E PALM Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 08/07/2025 | $570,800 | Sold | ARMLS #6874529 |
| 07/11/2025 | $595,000 | Pending | ARMLS #6874529 |
| 07/02/2025 | $595,000 | Contingent | HomeSmart #6874529 |
| 06/25/2025 | $595,000 | Listed For Sale | ARMLS #6874529 |
| 05/30/2024 | $665,000 | ListingRemoved | ARMLS #6676838 |
| 03/25/2024 | $665,000 | Listed For Sale | ARMLS #6676838 |
| 06/28/2013 | $294,000 | Sold | N/A |
| 03/22/2002 | $150,000 | Sold | N/A |
Market trends in Encanto
Last updated June 2026
Avg. sale price
$468K
$10.58KMoM
Sale-to-List Price
98.1%
0.4%MoM
Price per sq ft
$341
$5MoM
Available listings
284
29MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,686 |
| Assessment | $529,000 |
Home facts updated by county records
Comparable Sales for 361 E PALM Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $549,900 | 10/31/25 | 3 | 3 | 1,667 | |
0.42 | Single-Family Home | $495,000 | 10/15/25 | 2 | 2 | 1,150 | |
0.36 | Single-Family Home | $310,000 | 01/20/26 | 2 | 2 | 1,391 | |
0.18 | Single-Family Home | $553,500 | 06/16/26 | 3 | 1 | 1,943 | |
0.44 | Single-Family Home | $459,500 | 10/21/25 | 2 | 2 | 968 | |
0.47 | Single-Family Home | $650,000 | 06/18/26 | 3 | 2 | 1,430 | |
0.34 | Single-Family Home | $439,000 | 02/18/26 | 2 | 1 | 1,062 | |
0.52 | Single-Family Home | $715,000 | 11/05/25 | 3 | 2 | 1,585 | |
0.51 | Single-Family Home | $700,000 | 03/06/26 | 3 | 2 | 2,007 | |
0.54 | Single-Family Home | $549,000 | 12/09/25 | 3 | 2 | 1,273 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 361 E PALM Lane.
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.
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Frequently asked questions about 361 E PALM Lane
- What is 361 E PALM Lane estimated to be worth?Trulia's estimated value for 361 E PALM Lane in Phoenix, AZ is $567,200.
- What is the price history for 361 E PALM Lane?361 E PALM Lane in Phoenix, AZ last sold for $570,800 in August 2025.
- 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 $468K. That is down $10.58K from the prior month.
- Does 361 E PALM Lane have air conditioning?Yes, 361 E PALM Lane in Phoenix, AZ has air conditioning.
- How big is the lot at 361 E PALM Lane?The lot at 361 E PALM Lane in Phoenix, AZ is about 0.06 acres (2,509 sq ft).


