1601 PALMCROFT Way SE, Phoenix, AZ 85007

$850,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,843 Lot Size (sq. ft.): 10,326 Status: Active
Current Price: $850,000 Last Modified: 4/15/2026

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.

More Information MLS# 7013282

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $850,000 Status: Active Current Price: $850,000 List Date: 2026-04-13

Location, Tax & Legal

Assessor's Map #: 8 Legal Description (Abbrev): LOT 222 PALMCROFT MCR 001932 Assessor's Parcel #: 78 Tax Municipality: Phoenix Taxes: 2893 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 County Code: Maricopa Assessor Number: 111-08-078 Subdivision: PALMCROFT Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1843 Price/SqFt: 461.2 Approx Lot SqFt: 10326 Approx Lot Acres: 0.237 Flood Zone: No Horses: N Builder Name: Palmcroft Lead Based Hazard Disclosure: Yes 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 Community Pool Y/N: No Private Pool Y/N: No Planned Comm Name: Palmcroft Fireplace YN: Yes Fireplaces Total: 1 Marketing Name: Palmcroft Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1921

Legal Info

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

Special Listing Cond

N/A: 1

Construction

Brick: 1

Const - Finish

Painted: 1 Brick Veneer: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Combo: 1

Architecture

Bungalow: 1

Master Bathroom

Private Toilet Room: 1

Master Bedroom

Not Split: 1

Fireplace Features

Wood Burning: 1

Flooring

Concrete: 1 Wood: 1

Window Features

Single Pane: 1

Community Features

Historic District: 1

Dining Area

Formal: 1

Heating

Natural Gas: 1

Kitchen Features

Electric Oven: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Central Air: 1

Interior Features

Fix-Up Needs Repair: 1

Laundry

Washer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Road Responsibility

City Maintained Road: 1

Fencing

Block: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

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

Parking Features

Detached: 1

New Financing

Cash: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Corner Lot: 1

Landscaping

Desert Back: 1 Grass Front: 1 Grass Back: 1

Services

City Services: 1

Items Updated

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

Unit Style

All on One Level: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: 9th Avenue and McDowell Directions: USE GPS OF CHOICE. Home is on corner of Palmcroft Way Geo Lat: 33.466987 Geo Lon: -112.08901

Property Features

Special Listing Cond: N/A 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
IDX
Last Updated: April - 15 - 2026
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