1322 W PALM Lane, Phoenix, AZ 85007, Phoenix, 85007 - 4 bed, 3 bath
Loading property details...
Phoenix, AZ 85007
This Historic Encanto-Palmcroft Residence is a Strong Value Opportunity, listed at $1,299,999—positioned above the $1,172,336 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating following comprehensive 2025/2026 renovations, including a new roof, Thermador appliances, and a private pergola-covered patio. Located in a prestigious neighborhood with significant Historic Tax Incentives, this home offers a rare blend of 1940s character and modern luxury. It is an ideal acquisition for discerning professionals or owner-occupants seeking a turnkey lifestyle near downtown Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1322 W PALM Lane Subject | $1,299,999* List Price | 4 | 3 | 2,678 | $438 | - |
A 1134 W PALM Lane Sold | $960,000 | 3 | 3 | 2,335 | $411 | 0.1 mi |
B 1134 W PALM Lane Sold | $960,000 | 3 | 3 | 2,139 | $449 | 0.1 mi |
C 1621 N 11TH Avenue Sold | $1,104,000 | 3 | 2 | 1,849 | $597 | 0.3 mi |
D 901 W CULVER Street Active Under Contract | $1,150,000 List Price | 4 | 3 | 2,841 | $405 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1941 build date, the property underwent a comprehensive renovation in 2025/2026. It features a new roof, modern flooring, high-end Thermador appliances, and updated systems including a tankless gas water heater and water softener, placing it in mint condition.
Being on the National Register of Historic Places in the prestigious Encanto-Palmcroft neighborhood provides the owner with significant property tax savings, adding long-term financial value.
The home seamlessly blends 1940s charm with high-end modern amenities, including Thermador gas appliances, a tankless water heater, and extensive 2025/2026 updates to the roof, flooring, and exterior.
The property boasts an exceptional walk score to Encanto Park's amenities and is minutes away from downtown Phoenix’s sports, arts, and dining hubs, offering a vibrant urban living experience.
The local public schools, Kenilworth Elementary and Central High, have relatively low ratings (4 and 3 respectively), which may be a deterrent for families prioritizing top-tier educational districts.
At a $1.3M price point, the 7,540 sqft lot is relatively modest, which may limit buyers looking for expansive private outdoor space or significant yard depth.
Beautifully maintained home in highly desired Encanto-Palmcroft Historic Neighborhood seamlessly blends historic soul with modern luxury, palm-lined streets, waving neighbors, and Sunday schmoozes. Built in 1941 and on the National Register of Historic Places, this home offers huge property tax savings! Features: walk-in closets, recessed lighting, dual-pane windows, gas tankless water heater, water softener, and Thermador gas appliances. 2025/2026 updates: flooring, roof, exterior paint, pergola, and low-maintenance backyard. Walk to Encanto Park, named a Top 12 City Park by Forbes, featuring golf, tennis, pickleball, basketball, a community pool, and Enchanted Island Amusement Park. Minutes from downtown Phoenix sports, arts, concerts, dining, and Sky Harbor Airport.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,678 | - |
| Lot Size | 7,540 | - |
| Price | $1.30M | $495.4K |
| Price per sq ft | $485 | $290 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 1260 |
Jul 11, 2026
$1,299,999
Initial Listing