541 W PALM Lane, Phoenix, AZ 85003

$950,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,415 Lot Size (sq. ft.): 8,715 Status: Active
Current Price: $950,000 Last Modified: 5/12/2025

Description

WELCOME TO WILLO! Located on the iconic Palm Lane, this rare historic property is zoned multi-family and offers TWO HOUSES! The main house features 3 bedrooms plus a den and 2 bathrooms. Beautiful archways, original niches, and beautiful historic details have been preserved throughout while also being modernized and enhanced with designer details. Large rooms, great storage and a fantastic floor plan with a massive primary suite. As you step outside, you'll discover a large covered patio, beautiful lush green landscaping & a complete second home in the backyard with its own kitchen, bathroom, laundry and designated parking. This property is one of a kind and an amazing opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites - WELCOME HOME!

More Information MLS# 6846068

Contract Information

Status Change Date: 2025-04-04 List Price: $950,000 Status: Active Current Price: $950,000 List Date: 2025-04-03 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 541 Compass: W Street Name: PALM St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85003 Zip4: 1129 Country: US County Code: Maricopa Assessor Number: 118-57-037 Subdivision: NORTH KENILWORTH BLKS 1 THROUGH 8 Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 # Bathrooms: 3 Approx SQFT: 2415 Price/SqFt: 393.37 Guest House SqFt: 600 Horses: N Builder Name: Unknown Year Built: 1940 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 8715 Approx Lot Acres: 0.2 Pool: None Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Kenilworth Elementary School Jr. High School: Kenilworth Elementary School High School: Central High School

Remarks Misc

Cross Street: 5th Ave & Palm Lane Directions: Heading South on 5th Ave, Turn right onto Palm Lane. Home is the last home on the south side of the street. Geo Lat: 33.469201 Geo Lon: -112.082502

Legal Info

Township: 2N Range: 3E Section: 32 Lot Number: 19

Basement

Basement Y/N: N

Parking Spaces

Slab Parking Spaces: 5

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Other Master Bathroom: Full Bth Master Bdrm; Double Vanity Fireplace Features: 1 Fireplace Flooring: Tile; Wood Pool Features: No Pool Spa: None Community Features: Historic District; Near Bus Stop; Near Light Rail Stop Dining Area: Formal Kitchen Features: Range/Oven Gas; Disposal; Built-in Microwave; Refrigerator; Granite Counters Laundry: Washer Included; Dryer Included Other Rooms: Guest Qtrs-Sep Entrn Exterior Features: Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Storage Construction: Brick Const - Finish: Stucco Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: Corner Lot; North/South Exposure; Alley Landscaping: Grass Front; Grass Back Showing Notification Methods: Text Lockbox Type: Supra Possession: By Agreement; Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail
Listing Office: HomeSmart
Last Updated: May - 12 - 2025
541 W PALM Lane, Phoenix, AZ 85003- MLS# 6846068
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