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$360,000 Sale Pending
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Property Description
Come check out this 1955 block home in Central Phoenix! Ready for new adventures and owners who will breathe new life into this historic charmer. GREAT LOCATION, just South of Bethany Home Road off of 16th Street on East Palo Verde Drive, this 3 bedroom, 1 bath, block home with a newer HVAC unit is ready for some TLC and vision. 3rd bedroom recently used to house washer/dryer. Bring your vision. Priced to sell quickly in current condition.
Full Property Details
Full Property Details for 1602 E Palo Verde Dr
General
- Price: $360,000
- Taxes: $1,520 (2024)
- Status: Pending
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6942248
- Updated: 1/3/2026
- Added to Site: 66 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Location
- County: Maricopa
- Township: 2N
- Subdivision: MADISON VILLAGE
- Cross Streets: 16th Street and Bethany Home Road
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,636
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Corner Lot, Grass Front, Grass Back
Financial Considerations
- Tax Amount: $1,520
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 1 MADISON VILLAGE MCR 004933
- Property ID: 164-50-001
- Range: 3E
- Section: 15
- Lot Number: 1
Listed by Good Oak Real Estate
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Schools
Schools serving 1602 E Palo Verde Dr
School Districts:Madison Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Madison #1 Elementary School 5525 North 16th Street, Phoenix, AZ 85016 | 5-8 | 0.3 mi |
Madison Rose Lane School 1155 East Rose Lane, Phoenix, AZ 85014 | PK-4 | 0.7 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1602 E Palo Verde Dr
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$360,000
-10%
MLS
11/13/2025
Listed
$400,000
355.06%
MLS
11/02/1998
Sold
$87,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1602 E Palo Verde Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,599
5%
$33,220
4%
2024
$1,520
6%
$31,960
-8%
2022
$1,429
—
$34,680
18%
2022
$1,429
—
$29,420
32%
2022
$1,429
-2%
$22,360
12%
2021
$1,457
2%
$19,950
7%
2020
$1,434
2%
$18,720
7%
2019
$1,401
3%
$17,550
11%
2018
$1,365
5%
$15,780
12%
2017
$1,296
4%
$14,110
5%
2016
$1,248
7%
$13,380
15%
2015
$1,162
7%
$11,670
36%
2014
$1,087
11%
$8,600
16%
2013
$983
—
$7,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1602 E Palo Verde Dr
1602 E Palo Verde Drive, Phoenix, AZ 85016 (MLS# 6942248) is a Single Family property with 3 bedrooms and 1 full bathroom. 1602 E Palo Verde Drive is currently listed for $360,000 and was received on November 13, 2025. Want to learn more about 1602 E Palo Verde Drive? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

