1601 PALMCROFT Way SE, Phoenix, AZ 85007

$782,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,843 Lot Size (sq. ft.): 10,326 Status: Closed

Current Price: $782,000 Last Modified: 10/30/2026

Overview

Description

Rare INVESTOR opportunity in the heart of the Encanto Historic District. Built in 1921 and held by the same family for over a century, this property presents a prime value-add opportunity in one of Phoenix's most desirable historic neighborhoods. **Key improvements include newer electrical, a roof replaced in 2023, and HVAC updated in 2020. Providing a solid foundation for renovation. With strong ARV potential and continued demand for restored historic homes in the area, this property is well-positioned for a profitable flip or long-term hold. Original architectural details remain intact, offering the ability preserve historic charm while adding modern finishes to maximize return.

Listing Details MLS# 7013282

Location, Tax & Legal

House Number: 1601
Street Name: PALMCROFT
St Suffix: Way
St Dir Sfx: SE
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 1743
Country: US
County Code: Maricopa
Assessor Number: 111-08-078
Subdivision: PALMCROFT
Tax Year: 2025

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1843
Price/SqFt: 424.31
Horses: N
Builder Name: Palmcroft
Year Built: 1921
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 10326
Approx Lot Acres: 0.237
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: Yes
Planned Comm Name: Palmcroft
Marketing Name: Palmcroft
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Phoenix #1 iAcademy
High School: Central High School

Remarks Misc

Cross Street: 9th Avenue and McDowell
Directions: USE GPS OF CHOICE. Home is on corner of Palmcroft Way

Status Change Info

Off Market Date: 2026-04-22
Under Contract Date: 2026-04-17
Close of Escrow Date: 2026-04-29

Legal Info

Township: 2N
Range: 3E
Section: 31
Lot Number: 222

More Information

Basement

Basement Y/N: N

Items Updated

Ht/Cool Yr Updated: 2020
Roof Yr Updated: 2023

Parking Spaces

Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Other
Payment Type: Other
Closing Cost Split: Buyer - B
Buyer Concession to Seller: 3000
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Status Update: Multiple Offers Received Architecture: Bungalow Master Bathroom: Private Toilet Room Master Bedroom: Not Split Fireplace Features: Wood Burning Flooring: Concrete; Wood Window Features: Single Pane Spa: None Community Features: Historic District Dining Area: Formal Kitchen Features: Electric Oven; Electric Cooktop; Refrigerator Laundry: Washer Included Interior Features: Fix-Up Needs Repair Parking Features: Detached Road Responsibility: City Maintained Road Construction: Brick Const - Finish: Painted; Brick Veneer Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: Corner Lot Landscaping: Desert Back; Grass Front; Grass Back Lockbox Type: Combo Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: New Nest Group

Office Phone: 602-319-8685

Office Email: randi@Newnest.net

Last Updated: October - 30 - 2026