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870 Palm Ln

Chandler, AZ 85225

3 bd 2 ba 1,060 sqft Built 1986 Lot 871 sqft townhomes
Most recent sale
$340,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2025 Sold $288,000 Public Record
Aug 7, 2025 Price changed $292,500 ArizonaRegionalMLS
Aug 1, 2025 Price changed $294,999 ArizonaRegionalMLS
Jul 23, 2025 Price changed $295,000 ArizonaRegionalMLS
Jul 17, 2025 Price changed $299,000 ArizonaRegionalMLS
Jun 26, 2025 Price changed $299,999 ArizonaRegionalMLS
May 30, 2025 Price changed $300,000 ArizonaRegionalMLS
May 22, 2025 Price changed $305,000 ArizonaRegionalMLS
May 15, 2025 Price changed $310,000 ArizonaRegionalMLS
May 1, 2025 Price changed $320,000 ArizonaRegionalMLS
Apr 24, 2025 Listed $324,999 ArizonaRegionalMLS
Apr 16, 2025 Price changed $325,000 ArizonaRegionalMLS
Apr 10, 2025 Price changed $330,000 ArizonaRegionalMLS
Apr 3, 2025 Price changed $335,000 ArizonaRegionalMLS
Mar 27, 2025 Price changed $338,000 ArizonaRegionalMLS
Mar 20, 2025 Price changed $339,000 ArizonaRegionalMLS
Feb 27, 2025 Listed $340,000 ArizonaRegionalMLS
Jun 30, 2022 Sold $340,000 MLS #6387195
May 12, 2022 Price changed $344,900 MLS #6387195
Apr 28, 2022 Price changed $349,900 MLS #6387195
Apr 21, 2022 Listed $350,000 MLS #6387195
Dec 23, 2021 Sold $215,000 Public Record
Apr 23, 2015 Listing removed $95,000 ArizonaRegionalMLS
Apr 20, 2015 Sold $95,000 Public Record
Nov 12, 2014 Listed $105,000 MLS #5198906
Aug 2, 1999 Sold $73,000 Public Record
Nov 24, 1992 Sold $45,900 Public Record
Jun 1, 1992 Sold $29,000 Public Record
Mar 11, 1992 Sold $34,597 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,010 $642
2024 $25,010 $631
2023 $26,150 $619
2022 $13,000 $3,250 $16,250 $600
2021 $12,250 $3,060 $15,310 $617
2020 $11,540 $2,880 $14,420 $613
2019 $9,140 $2,280 $11,420 $591
2018 $8,170 $2,040 $10,210 $575
2017 $7,000 $1,750 $8,750 $540
2016 $6,610 $1,650 $8,260 $521
2015 $4,630 $1,150 $5,780 $421
2014 $3,640 $910 $4,550 $445
2013 $2,920 $730 $3,650 $360
2012 $2,920 $730 $3,650 $367
2011 $3,080 $770 $3,850 $444
2009 $10,600 $2,650 $13,250 $800
2008 $10,400 $2,600 $13,000 $736
2007 $8,520 $2,130 $10,650 $673

Property facts

Year built
1986
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,060 sqft
Lot size
871 sqft
ZIP code
85225
City
Chandler
Street
Palm Ln
Coordinates
33.29315, -111.84649

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,643
Gross rental yield
5.80%
Implied cap rate
3.77%
Trend-extrapolated value

Frequently asked questions

When did 870 Palm Ln last sell?
870 Palm Ln most recently sold on Jun 30, 2022 for $340,000.
What is the current tax assessment for 870 Palm Ln?
The most recent total assessment for 870 Palm Ln (year 2025) is $25,010 with $642 in property tax.
How does 870 Palm Ln's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $340,000.
When was 870 Palm Ln built?
870 Palm Ln was built in 1986.
How does 870 Palm Ln compare to others on Palm Ln?
We track 6 other properties on Palm Ln. Browse the list under "Other properties on Palm Ln" to compare beds, baths, and sale history.
What are the property facts for 870 Palm Ln?
870 Palm Ln is a 3 bed, 2 bath, 1,060 sqft, 871 sqft lot townhomes.
Is 870 Palm Ln a flip candidate?
Yes — 870 Palm Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 870 Palm Ln a tax-appeal candidate?
No — 870 Palm Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$448.7K
2026 Q4
$445.7K
ZIP 85225 — Median Price History + Forecast

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