$559,300
- 2 Beds
- 2 Baths
- 1,684 sqft
361 E PALM Lane, Phoenix, AZ 85004
Est. Refi. Payment $3,255/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 7, 2025 for $570,800
Home Value
Trulia Estimate
$559KSince last month
Decreased$11K (-2%)Since last year
Decreased$5K (-0.9%)Since last sale
Decreased$10K (-1.7%)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 +83% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $561K |
| August 2026 | $572K |
| July 2026 | $568K |
| June 2026 | $566K |
| May 2026 | $565K |
| April 2026 | $560K |
| March 2026 | $563K |
| February 2026 | $568K |
| January 2026 | $568K |
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 |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $560,000 | 09/21/26 | 3 | 2 | 1,150 | |
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 | |
0.45 | Single-Family Home | $502,000 | 08/20/26 | 3 | 2 | 1,160 | |
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 |
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 |
|---|---|---|---|---|---|---|
0.14 | $2,243,300 | 5 | 3 | 3,878 | Off Market | |
0.14 | $1,819,100 | 4 | 4 | 3,410 | Off Market | |
0.11 | $524,100 | 2 | 2.5 | 1,718 | Off Market | |
0.13 | $1,200,000 | 8 | 8 | 5,320 | Recently Sold | |
0.13 | $600,000 | 3 | 3 | 2,150 | Recently Sold | |
0.15 | - | 9 | 3 | 5,650 | Off Market | |
0.13 | $190,000 | 1 | 1 | 624 | Recently Sold | |
0.15 | $505,000 | 2 | 2.5 | 1,718 | Recently Sold | |
0.17 | $249,000 | 1 | 1 | 900 | Recently Sold | |
0.15 | $607,600 | 3 | 3 | 2,150 | Off Market | |
0.14 | $319,000 | 2 | 1 | 964 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1969
1,684 sqft
$332/sqft
Garage
HOA $330/mo
About this House
What's unique:Galley-style kitchenSub zero fridgeSecret gardenLarge functional laundry roomStainless steel hoodCommunity pool
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!
361 E PALM Lane, Phoenix, AZ 85004 is a 2 bedroom, 2 bathroom, 1,684 sqft single-family home in Encanto, built in 1969. It last sold for $570,800 on Aug 7, 2025 (4% below the $595,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $559,300, with a rent estimate of $2,823/month.
Last check for updates: about 7 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.
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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 7, 2025 Source: ARMLS #6874529 | Sold | $570,800 |
Jul 11, 2025 Source: ARMLS #6874529 | Pending | $595,000 |
Jul 2, 2025 Source: HomeSmart #6874529 | Contingent | $595,000 |
Jun 25, 2025 Source: ARMLS #6874529 | Listed For Sale | $595,000 |
May 30, 2024 Source: ARMLS #6676838 | ListingRemoved | $665,000 |
Mar 25, 2024 Source: ARMLS #6676838 | Listed For Sale | $665,000 |
Jun 28, 2013 Source: N/A | Sold | $294,000 |
Mar 22, 2002 Source: N/A | Sold | $150,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,686 | $529,000 |
Home facts updated by county records
Market trends in Encanto
Last updated August 2026
Avg. sale price
$466K
$12.13KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$325
$1MoM
Available listings
275
9MoM
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 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 $559,300.
- 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 $466K. That is up $12.13K 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).

