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$1,685,000

Beds
4
Baths
3.0
sq ft
3,457

242 West Royal Palm Road, Phoenix, AZ 85021

242 West Royal Palm Road

Phoenix, AZ 85021

  • 30 days on market
Welcome to this recently renovated luxury home in the prestigious Royal Palm neighborhood of Phoenix. Masterfully reimagined with timeless elegance and modern sophistication. Gorgeous Bentley White Oak flooring and honed natural stone throughout. Locally curated iron work adds unique artisanal touch including six exquisite French doors, a charming Dutch front door and custom gates. The entry boasts a soaring 19th ceiling and second floor balcony with views of Piestewa Peak. The Chef's kitchen has everything you need with black stainless steel Z-Line appliances. Beautiful backyard with private pool, covered patio and fire pit. Wonderful location close to Bridal Path and all North Central Phoenix restaurants and shops!

Details

Property type

Single Family Residence

Est. home value

$1,456,168

Lot size

0.23 acres

Price per sq ft

$488

Year built

1987

Annual property taxes

$7,786

HOA

No

Price History

03/14/2025
ArizonaRegional

ArizonaRegional #6828952

Listed
$1,685,000
+8.71%
10/30/2024
ArizonaRegional

ArizonaRegional #6751140

Sold
$1,550,000
-3.13%
10/04/2024
ArizonaRegional

ArizonaRegional #6751140

Pending
$1,600,000

Schools & Community

Neighborhood: 

North Mountain

Elementary school: 

Richard E Miller School

Middle school: 

Royal Palm Middle School

High school: 

Sunnyslope High School

Community features: 

Sidewalks

High school district: 

Glendale Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,002,506
Asking price
$1,685,000
Closing costs (~8% of asking)
-$134,800
Est. remaining loan balance
-$547,694
Cash to seller
$1,002,506

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$560,000

Est. remaining balance

$547,694

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Shane E Johnson and Dawn D Johnson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 3:50 PM

Listing updated: 03/31/2025 at 8:06 AM

Listed by: Brett Bender, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6828952

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