1040 E Fairmount Ave, Phoenix, AZ 85014 Property Records

Maricopa County property record for 1040 E Fairmount Ave, Phoenix, AZ 85014 · Last verified November 2025

Property Highlights

Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Year Built	Built 1962
Square Footage	4,228 sqft Total Area
Lot Size	18,480 sqft (0.424 acres)
Last Sale	$978,000 (2019)
Tax Bill	$3,519.00 (2025)

Owner

Source: Maricopa County records · APN 118-03-026

Assessment roll updated January 1, 2025 · Last verified November 2025

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

Owner of Record	Individual Name on File
Co-owner	Verified Secondary Owner
Mailing Address	6620 E CHOLLA ST, SCOTTSDALE, AZ 85254-5040
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Nov 21, 2019 · Amount on Record
Deed Sale	Nov 21, 2019 · Amount on Record
Prior Sale	Dec 07, 2016 · Amount on Record
Deed Doc Number	20190941155
Record Refreshed	Jun 08, 2026

November 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Nov 21, 2019
Property Address	1040 E FAIRMOUNT AVE, PHOENIX, AZ 85014-4837
Document Number	0000941155
Map Reference	MB 13 PG 13
Instrument Date	Nov 14, 2019
Instrument	20190941155
Transaction Type	Transfer
Record Updated	Dec 21, 2021
Title Company	OLD REPUBLIC TITLE AGENCY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	From Affidavit or Verified
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	20701 N SCOTTSDALE RD # RD107-46, 20701, SCOTTSDALE, AZ 85255-6413

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Community Property (Marital Community) with Rights of Survivorship
Address	6620 E CHOLLA ST, SCOTTSDALE, AZ 85254-5040

Mortgage

Document Number	0000941156
Date	Nov 21, 2019
Instrument	20190941156

Lender

Name	METRO PHOENIX BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated January 1, 2025 · Last verified November 2025

Property Jurisdictions

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

Tax Bill & Assessment History

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$136,550 (-7.64%)	$1,365,500 (-7.64%) Land $273,100 Building $1,092,400
2025	$3,519.00 (+7.12%)
2024		$147,850 (+45.78%)	$1,478,500 (+45.78%) Land $295,700 Building $1,182,800
2023	$3,285.00 (+2.3%)	$101,420 Land $20,280 Building $81,140	$1,014,200 Land $202,800 Building $811,400
2022	$3,211.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Moderate
500-Year Floodplain	Yes
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN	`118-03-026`

Interior

Units	7 Units
Building Area	4,228 sqft Total Area
1st Floor	4,228 sqft 1st Floor
Stories	1 Stories

Exterior

Year Built	Built 1962
Exterior Material	Concrete Block Exterior
Construction Type	Concrete Construction
Lot Area	18,480 sqft (0.424 acres)

Utilities and HVAC

Cooling System	HVAC Cooling
Heating System	Package Heating

Location & Zoning

Street Address	1040 E FAIRMOUNT AVE
City	PHOENIX
State	AZ
Zip	85014-4837
Property Usage	Residential Property Usage
Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	KAY TR MCR 13/13 LOT 22 BLK 1 & N 20F FAIRMONT AVE LY S OF & ADJ S LN SD LOT
Legal Range	03E
Legal Township	02N
Legal Section	28
Legal Quarter	NW
Legal Quarter Quarter	NE
Legal Subdivision	KAY TRACT
Legal Block	1
Legal Lot Number	22 1
Jurisdiction	MARICOPA AZ
Minor Civil Division	PHOENIX
Census Blockgroup	3
Census Block	3001
Census Tract	110600