1010 N 48th St, Phoenix, AZ 85008 Property Records

Maricopa County property record for 1010 N 48th St, Phoenix, AZ 85008

Property Summary

Property Type	Apartments (5+ Units)
Details	117,473 sqft · built 1982
Lot Size	0.383 acres (16,688 sqft)
Owner	Company Name on Record
Last Sale	$27,000,000 (Apr 2026)
Tax Bill	$55,558 (2025)
Deeds & Mortgages	Apr 2026 Foreclosure Jan 2019 Construction Loan + 2 more
Flood Zone	Zone X (moderate risk)
APN	`125-14-020-A`

Property Details

APN / Parcel Number

Primary APN	`125-14-020-A`
Alternative APNs	`12514020A2` `0312501676`

Interior

Units	199 Units
Stories	2 Stories
Building Area	117,473 sqft Living Area
1st Floor Area	117,473 sqft

Exterior

Year Built	Built 1982
Effective Year Built	Effective 1995
Construction Type	Wood
Roof Material	Tile
Lot Area	16,688 sqft (0.383 acres)
Garage Type	Carport
Garage Area	9,180 sqft
Carport	Carport
Carport Area	9,180 sqft

Exterior Amenities

Porch	Porch
Porch Area	340 sqft
Patio Area	2,784 sqft
Total Buildings	15 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	1010 N 48TH ST
City	PHOENIX
State	AZ
Zip	85008-5951
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	M-H
Legal Description	SPARKS TRACT MCR 14/44
Legal Range	4E
Legal Township	1N
Legal Section	6
Legal Subdivision	SPARKS TRACT
Legal Lot Number	9
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	4
Census Block	4000
Census Tract	113701

Owner

Source: Maricopa County records, as of October 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	90 PARK AVE, 20, NEW YORK, NY 10016-1318
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 6, 2026	Trustee's Deed, Foreclosure NONE LISTED ON DOCUMENT
Jan 30, 2019	Deed of Trust, Mortgage · Construction Mortgage OPUS BANK
Dec 3, 2021	Special Warranty Deed, Transfer · Commercial Mortgage CANADIAN IMPERIAL BANK OF COMMERCE
Nov 20, 2020	Special Warranty Deed, Construction Loan · Construction Mortgage NORTHMARQ CAPITAL LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 6, 2026 · Amount on Record
Deed Sale	Apr 6, 2026 · Amount on Record
Prior Sale	Dec 3, 2021 · Amount on Record
Deed Document Number	2026201339
Prior Transfer Date	Apr 3, 2026
Prior Transfer Doc	0000201339
Record Updated	Oct 29, 2026

April 2026: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	MARICOPA AZ
Recording Date	Apr 6, 2026
Property Address	1010 N 48TH ST, PHOENIX, AZ 85008-5951
Document Number	0000201339
Instrument Date	Apr 3, 2026
Instrument	2026201339
Transaction Type	Foreclosure
Record Updated	Aug 27, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	1010 N 48TH ST, PHOENIX, AZ 85008-5951
Transaction Type	Mortgage
Record Updated	Jul 15, 2022
Title Company	FIRST AMERICAN TITLE INSURAN

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 4148, SCOTTSDALE, AZ 85261-4148

Mortgage

Document Number	0000064969
Date	Jan 30, 2019
Instrument	20190064969

Lender

Name	OPUS BANK
Type	Bank
Address	FULLERTON, CA 92832

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Feb 1, 2029

December 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Dec 3, 2021
Property Address	1010 N 48TH ST, PHOENIX, AZ 85008-5951
Document Number	0001286795
Map Reference	MB 14 PG 44
Instrument Date	Dec 1, 2021
Instrument	20211286795
Transaction Type	Transfer
Record Updated	Mar 24, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	11726 SAN VICENTE BLVD STE 600, 600, LOS ANGELES, CA 90049-5099

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	280 PARK AVE, NEW YORK, NY 10017-1274

Mortgage

Document Number	0001286796
Date	Dec 3, 2021
Instrument	20211286796

Lender

Name	CANADIAN IMPERIAL BANK OF COMMERCE
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

November 2020: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 20, 2020
Property Address	1010 N 48TH ST, PHOENIX, AZ 85008-5951
Document Number	0001141710
Map Reference	MB 14 PG 44
Instrument Date	Nov 20, 2020
Instrument	20201141710
Transaction Type	Construction Loan
Record Updated	Jul 15, 2022
Title Company	THOMAS TITLE & ESCROW

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11601 WILSHIRE BLVD # 5, 5, LOS ANGELES, CA 90025-0509

Mortgage

Document Number	0001141711
Date	Nov 20, 2020
Instrument	20201141711

Lender

Name	NORTHMARQ CAPITAL LLC
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Dec 1, 2030

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Elementary School District	Balsz Elementary District (PK - 08)
Secondary School District	Phoenix Union High School District (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$2,159,930 (+396.14%)	$21,599,300 (-26.82%) Land $427,400 Building $21,171,900
2025	$55,558.00 (+11.28%)	$435,344 (-84.15%)	$29,514,600 (+7.44%) Land $584,100 Building $28,930,500
2024		$2,747,170 (+18.75%)	$27,471,700 (+18.75%) Land $543,600 Building $26,928,100
2023		$2,313,500 Land $45,780 Building $2,267,720	$23,135,000 Land $457,800 Building $22,677,200
2022	$49,925.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 150 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 400
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20

May also be available: GeoLinks, T-Mobile, Verizon.

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