1040 E PALM Lane, Phoenix, AZ 85006 (MLS# 5246270)

1040 E PALM Lane, Phoenix, AZ 85006

$125,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 936 Lot Size (sq. ft.): 7,471 Status: Closed
Current Price: $125,000 Last Modified: 12/29/2025

Description

INVESTOR OPPORTUNITY --- Homes go for up to $300,000 with the same square footage in this neighborhood. Needs some TLC but everything is in working order and liveable. Come experience the charming Coronado Historical District with wrap around and shaded patios. Each home with it's own unique style. This home needs some love and personal style to fit in with the all the others that are rapidly getting fixed up in this area. NO A/C, swamp cooler only. HURRY, WON'T LAST LONG!

More Information MLS# 5246270

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $125,000 Status: Closed Current Price: $125,000 List Date: 2015-03-06

Location, Tax & Legal

Assessor's Map #: 26 Legal Description (Abbrev): PRINCETON HTS Assessor's Parcel #: 144 Tax Municipality: Phoenix Taxes: 2014 Map Code/Grid: P34 House Number: 1040 Compass: E Street Name: PALM St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 2144 County Code: Maricopa Assessor Number: 117-26-144 Subdivision: PRINCETON HEIGHTS Tax Year: 1183

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 936 Price/SqFt: 133.54 Approx Lot SqFt: 7471 Horses: N Builder Name: Unknown Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Emerson Elementary School Jr. High School: Phoenix Prep Academy High School: North High School Community Pool Y/N: No Private Pool Y/N: No Planned Comm Name: Coronado Fireplace YN: No Marketing Name: Coronado Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 2 Total Bathrooms: 1 Year Built: 1925

Legal Info

Range: 3E Section: 33 Township: 2N Block: 2 Lot Number: 20

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2: 0 Cap Improvement/Impact Fee 2 $/%: % Com Facilities Distr: N Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 0

Master Bathroom

Other (See Remarks): 1

Community Features

Near Bus Stop: 1 Near Light Rail Stop: 1

Dining Area

Formal: 1

Heating

None: 1

Kitchen Features

Gas Oven: 1 Gas Range: 1

Cooling

Ceiling Fan(s): 1 Evaporative Cooling: 1

Interior Features

Fix-Up Needs Repair: 1

Laundry

Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Wood: 1 Chain Link: 1

Water Source

City Water: 1

Exterior Features

Patio: 1 Screened in Patio(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1 Other: 1

Parking Spaces

Slab Parking Spaces: 4 Total Covered Spaces: 0

New Financing

Cash: 1 Conventional: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

Other (See Remarks): 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Nat Reg Historic Hms: 1 North/South Exposure: 1

Landscaping

Dirt Front: 1 Dirt Back: 1

Contact Info

List Agent Home Phn: 602-723-0500 List Agent Hme Phn 2: 602-723-0500 List Agent Cell Phn2: 602-723-0500 List Agent Pager: 602-723-0500 List Agent Pager 2: 602-723-0500

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

Other (See Remarks): 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %

Remarks Misc

Cross Street: McDowell & 7th St. Directions: From McDowell, North on 7th Street, East on Palm Ln. Home is on the North side of street. Geo Lat: 33.469625 Geo Lon: -112.058926

Status Change Info

Off Market Date: 2015-03-06 Under Contract Date: 2015-03-06 Close of Escrow Date: 2015-03-11 Sold Price: $125,000

Property Features

Special Listing Cond: N/A Master Bathroom: Other (See Remarks) Spa: None Community Features: Near Bus Stop; Near Light Rail Stop Dining Area: Formal Kitchen Features: Gas Oven; Gas Range Laundry: Inside Other Rooms: Family Room Interior Features: Fix-Up Needs Repair Exterior Features: Patio; Screened in Patio(s) Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Evaporative Cooling; Ceiling Fan(s) Heating: None Plumbing: Gas Hot Water Heater Utilities: Other (See Remarks) Water Source: City Water Sewer: Sewer - Public; Other Fencing: Wood; Chain Link Property Description: Nat Reg Historic Hms; North/South Exposure Landscaping: Dirt Front; Dirt Back Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: HomeSmart
IDX
Last Updated: December - 29 - 2025
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