1835 E PALM Lane, Phoenix, AZ 85006, Phoenix, 85006 - 3 bed, 2 bath
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Phoenix, AZ 85006
This Move-In Ready Single Family Residence is a High-Potential Investment Opportunity, listed at $393,000—positioned well below the $409,194 Fair Market Value by 3%. This valuation gap offers $16,194 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modernized galley kitchen and updated baths. With a large 7,545-square-foot lot and Covered Patio, this property balances lifestyle comfort with financial upside, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1835 E PALM Lane Subject | $393,000* List Price | 3 | 2 | 1,414 | $289 | - |
A 2023 E HUBBELL Street Sold | $411,000 | 3 | 2 | 1,587 | $259 | 0.2 mi |
B 2014 N 18th Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.1 mi |
C 1318 E PALM Lane Sold | $410,000 List Price | 3 | 2 | 1,345 | 0.7 mi | |
D 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.1 mi |
E 1805 N 16TH Street Sold | $370,000 | 3 | 1 | 1,222 | $303 | 0.3 mi |
F 1430 E DIAMOND Street Sold | $479,900 | 3 | 1 | 1,430 | $336 | 0.8 mi |
G 1630 E HARVARD Street Pending | $480,000 List Price | 3 | 2 | 1,462 | $328 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1946, the home has undergone significant interior renovations that appear to be within the 5-15 year range. The kitchen is updated with stone countertops and stainless steel appliances, and the bathrooms feature modern vanities and glass enclosures. With updated tile and wood-look flooring throughout, the property is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7545, living area = 1414.
The home features a contemporary galley kitchen with stone countertops, stainless steel appliances, and a stylish tile backsplash, paired with durable tile and wood-look flooring throughout.
The property is located in a community with no association fees, offering the homeowner greater financial freedom and fewer restrictions on property use.
The local schools, Excelencia and North High School, have relatively low ratings (3 and 4 respectively), which may be a concern for families prioritizing educational performance.
Originally built in 1946, the property's age may present challenges with older plumbing, electrical, or insulation systems that often require more maintenance than newer constructions.
1835 E Palm Ln is a one-story Phoenix single- home built in 1946 on a 7,545-square-foot lot. The galley kitchen has white cabinetry, stainless steel appliances, a tile backsplash, and stone countertops with a dedicated dual basin for food prep and cleanup. A floor-to-ceiling stone fireplace anchors the main living area, adding warmth and a focal point to the gathering space. Three bedrooms provide flexible room for sleeping or work-from-home use. One bathroom includes a dual-sink vanity and a tub-and-shower combination, while a second bathroom a single vanity and a glass-enclosed corner shower. A covered patio and a covered carport extend the usable space outdoors. Tile and wood-look flooring run throughout this practical residence.. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,414 | - |
| Lot Size | 7,545 | - |
| Price | $393.0K | $495.4K |
| Price per sq ft | $278 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 1260 |
Jun 25, 2026
$393,000
Initial Listing