Homes/Arizona/Phoenix/1346 East Palm Lane
CompCasa Property Analysis · single_family

1346 East Palm Lane

Art Moderne 3BR/2BA on Corner Lot in Coronado District

Updated historic home with copper epoxy floors, new roof & ADU potential

3 beds2 baths1,275 sq ftBuilt 19450.17 acres1-car attached
CompCasa valuation analysis
Estimated market value
$525,000
Low $500,000 · Midpoint $525,000 · High $550,000
Confidence85%Sales comparison approach
Last recorded sale$525,000Jan 30, 2025
Assessed value$16,5852022 assessment
CompCasa estimate$525,000Mar 6, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$500,000$525,000 midpoint$550,000
Price / sq ft$412
Median sale price$500,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using recent sales in Coronado Historic District; adjusted for property size, condition, and recent renovations.

About the property

Art Moderne 3BR/2BA on Corner Lot in Coronado District

This Art Moderne residence at 1346 East Palm Lane stands out immediately for its corner-lot presence and surprising sequence of thoughtful updates. The home’s 1,275 square feet have been refurbished with character-forward choices: copper epoxy cement floors run through the main living areas, the kitchen was modernized with quartz countertops, and major systems were replaced in 2025 with a new built-up roof and a modern HVAC system—reducing near-term maintenance concerns while preserving the home’s historic lines.

Inside, rooms feel distinct without being compartmentalized — a measured layout that suits both everyday living and entertaining. The kitchen’s clean surfaces and updated finishes anchor the home, while two full bathrooms serve three bedrooms comfortably. The one-story plan and level lot make indoor-outdoor access easy; the property’s frontage faces both East Palm Lane and 14th Street, giving it a pronounced street presence and flexible yard space for gardening, play, or an outdoor entertaining area.

Beyond the house itself, this corner parcel—zoned R-6—offers upside for buyers who want options: the lot size and zoning present potential for an accessory dwelling unit (ADU) subject to historic overlay regulations and permitting. For investors, the neighborhood’s rental demand and a local rent estimate near $2,200/month make this a compelling acquisition. For owner-occupants, the Coronado Historic District lifestyle is a defining benefit: short walks to Coronado Park, nearby museums, community events, and a lively mix of cafés and neighborhood shops.

Buyers should note a few due-diligence items identified in research: confirm any historic-district overlay restrictions before planning exterior changes, verify permits for past renovations, and complete a professional home inspection and roof assessment. With recent comparable sales in the immediate block and a listing price aligned to neighborhood trends, this Art Moderne home delivers historic character, recent system upgrades, and practical future potential in one of Phoenix’s most walkable, culturally active districts.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$500,000
Property address1414 E Palm Ln, Phoenix, AZ 85006
3 bed1 bath1,008 sq ftBuilt 19500.1 mi6,630 sq ft lot$496/SF
Sold Dec 15, 2025
Subject difference
  • 267 SF smaller
  • 1 fewer bathroom
  • Similar lot size
  • 5 years newer
Research comparison noteSmaller home with one less bathroom; sold recently at a comparable price point.
02Sold price$489,000
Property address1345 E Palm Ln, Phoenix, AZ 85006
3 bed2 bath1,412 sq ftBuilt 19480.05 mi6,841 sq ft lot$346/SF
Sold Nov 20, 2025
Subject difference
  • 137 SF larger
  • Similar lot size
  • 3 years newer
Research comparison noteSimilar size and layout; sold recently at a slightly lower price point.
Comp methodology: Focused on comparable homes within the Coronado Historic District sold or rented in the last 6 months for maximum relevance.
Property details

A 1945 art moderne on 0.17 acres.

Building

Year built1945
ConstructionStucco Over Wood Frame
RoofBuilt Up
Heatingelectric
Coolingcentral air

Site & utilities

Lot size0.17 acres
Garage1-car attached
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, copper epoxy cement floors, updated kitchen with quartz countertops, new roof and HVAC system (2025)
Lot area7,296 sq ft
TopographyLevel
FrontageFrontage on East Palm Lane and 14th Street
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes1-car attached garage plus driveway space
AccessStandard residential driveway from East Palm Lane
WaterMunicipal
SewerPublic
ElectricAPS
GasSouthwest Gas
Location & nearby

Coronado Historic District

Researched nearby locations

Coronado Park (0.3 mi)
Phoenix Art Museum (1.2 mi)
Heard Museum (1.5 mi)
Downtown Phoenix (2 mi)

Location

1346 East Palm Lane, Phoenix, AZ 85006

View in Google Maps
Editorial neighborhood context

Coronado Historic District blends residential charm with cultural energy. Tree-lined streets, periodic community events, and mural art contribute to a neighborhood with strong local identity. Residents enjoy easy access to Coronado Park, a community pool and tennis courts, and a short trip to the Phoenix Art Museum and Heard Museum. The area’s walkability, independent restaurants, and proximity to downtown make it appealing to creatives, professionals, and small-family households seeking an urban-but-neighborhood feel.

Nearby access summary

Excellent neighborhood recreation with Coronado Park 0.3 miles away, easy access to Phoenix Art Museum (1.2 miles) and Heard Museum (1.5 miles), community pool and tennis courts, plus short trips to downtown cultural amenities.

ElementaryWhittier Elementary School (5/10)
Middle schoolPhoenix Prep Academy (N/A)
High schoolNorth High School (2/10)
School districtPhoenix Union High School District
Market context

A factual market snapshot around 1346 East Palm Lane.

Median sale price$500,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Coronado Historic District is currently favoring sellers. Inventory sits around 2.5 months and homes average roughly 30 days on market, conditions that regularly prompt multiple-offer scenarios. Median sale price for the area is near $500,000; one-year appreciation is modest at about 5%, while five-year gains have been stronger (approximately 25%), reflecting steady buyer appetite for historic stock near downtown. Recent nearby comps include sales at $500,000 and $489,000 on the same block; the property at 1346 E Palm Lane listed at $525,000 in early 2026, aligning with the upper end of current comparables and the local price-per-square-foot trends.

Single-family homes in Coronado perform well due to high walkability, proximity to museums and downtown employment centers, and limited inventory. For buyers, this environment means competition—act decisively, bring pre-approval, and be prepared for shorter negotiation timelines. For sellers and investors, the market supports listings that combine authentic historic character with tangible upgrades (new roof/HVAC, modern kitchen) and demonstrable rental potential—the local rental estimate of about $2,200/month supports cash-flow strategies or owner-occupier offset scenarios. Ultimately, disciplined buyers can still find value by focusing on condition, permitted improvements, and zoning opportunities like ADUs.

Zoning & land use

Single-Family Residence District

Zoning

Zoning codeR-6
DescriptionSingle-Family Residence District
JurisdictionCity of Phoenix
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 25'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$3,315
Assessed improvements$13,270
Total assessed$16,585
Assessment year2022
Annual property tax$1,053
Tax year2022

Sale history

2025-01-30$525,000 · $412/SF
2015-08-31$269,500 · $211/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,100/mo
Property address1414 E Palm Ln, Phoenix, AZ 85006
3 bed1 bath1,008 sq ft$2.08/SF
Leased Oct 1, 2025
Subject difference
  • 267 SF smaller
  • 1 fewer bathroom
Research comparison noteSmaller home with one less bathroom; rented recently at a comparable rate.
02Monthly rent$2,300/mo
Property address1345 E Palm Ln, Phoenix, AZ 85006
3 bed2 bath1,412 sq ft$1.63/SF
Leased Sep 15, 2025
Subject difference
  • 137 SF larger
Research comparison noteSimilar size and layout; rented recently at a slightly higher rate.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Recent listing at $525,000 aligns with market expectations
  • Assessed value of $16,585 appears below market value
  • Zoned R-6, allowing for single-family residences and potential ADUs
  • Located in a historic district with potential restrictions on exterior modifications
  • Nearby schools have average to below-average ratings, which may impact family buyer interest

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm historic overlay restrictions
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Copper epoxy cement floors through main living areas
  • Updated kitchen with quartz countertops
  • One-story layout with defined living and sleeping wings
  • Central air conditioning and electric heating

Exterior & Lot

  • Corner lot: frontage on East Palm Lane and 14th Street
  • 0.17-acre lot (7,296 SF)
  • 1-car attached garage plus driveway parking
  • Built-up roof replaced in 2025
  • Stucco over wood frame construction

Location & Neighborhood

  • Located in Coronado Historic District
  • 0.3 miles to Coronado Park
  • 1.2 miles to Phoenix Art Museum; 1.5 miles to Heard Museum
  • Approximately 2 miles to Downtown Phoenix
  • Historic overlay — exterior changes may require review

Walkability & Recreation

  • Walkability Rating: 75/100 — Some errands on foot
  • Coronado Park and neighborhood green spaces within a short walk
  • Access to local museums, coffee shops, and boutiques
  • Community recreation: neighborhood pool and tennis courts nearby
  • Short drive or bike to downtown cultural and dining options
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
MLS listing for 1346 E Palm Ln, Phoenix, AZ 85006View source
2
Property details and tax history for 1346 E Palm Ln, Phoenix, AZ 85006View source
3
Comparable sale at 1414 E Palm Ln, Phoenix, AZ 85006View source
4
Comparable sale at 1345 E Palm Ln, Phoenix, AZ 85006View source
5
Ownership information for Dream Home Credit Repair LLCView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.