Maricopa County property record for 1040 E Spence Ave, Tempe, AZ 85281 · Last verified April 2026
| Property Type | Commercial > Retail |
|---|---|
| Year Built | Built 1940 |
| Square Footage | 3,008 sqft |
| Lot Size | 22,875 sqft (0.525 acres) |
| Last Sale | $23,650,000 (2020) |
| Tax Bill | $2,951.00 (2025) |
Source: Maricopa County records · APN 133-10-022
Assessment roll updated October 22, 2025 · Last verified April 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 File |
|---|---|
| Mailing Address | 50 S STEELE ST, 600, DENVER, CO 80209-2811 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Dec 30, 2022 | Deed of Trust, Mortgage · Unknown JPMORGAN CHASE BANK NA |
| Dec 28, 2020 | Warranty Deed, Transfer · Commercial Mortgage WELLS FARGO BANK NA |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 28, 2020 · Amount on Record |
| Deed Sale | Dec 28, 2020 · Amount on Record |
| Prior Sale | Apr 05, 2011 · Amount on Record |
| Deed Doc Number | 20201282249 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Property Address | 1040 E SPENCE AVE, TEMPE, AZ 85281-5808 |
| Transaction Type | Mortgage |
| Record Updated | Mar 05, 2024 |
| Title Company | FIRST AMERICAN TITLE, FIRST AMER TTL INS NATL COM |
| Name | Verified Name |
|---|
| Document Number | 0000918877 |
|---|---|
| Date | Dec 30, 2022 |
| Instrument | 20220918877 |
| Name | JPMORGAN CHASE BANK NA |
|---|---|
| Type | Bank |
| Address | PARADISE VALLEY, AZ 85253 |
| Type | Unknown |
|---|---|
| Amount | Amount Recorded |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | MARICOPA AZ |
| Recording Date | Dec 28, 2020 |
| Property Address | 1040 E SPENCE AVE, TEMPE, AZ 85281-5808 |
| Document Number | 0001282249 |
| Map Reference | MB 28 PG 40 |
| Instrument Date | Dec 23, 2020 |
| Instrument | 20201282249 |
| Transaction Type | Transfer |
| Record Updated | Jul 18, 2022 |
| Title Company | FIRST AMERICAN TITLE NCS |
| Amount | Amount Recorded |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | From Affidavit or Verified |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 50 S STEELE ST # 600600, 50, DENVER, CO 80209-2805 |
| Name | Verified Name |
|---|---|
| Address | 50 S STEELE ST STE 600, 600, DENVER, CO 80209-2811 |
| Document Number | 0001282250 |
|---|---|
| Date | Dec 28, 2020 |
| Instrument | 20201282250 |
| Name | WELLS FARGO BANK NA |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified April 2026
| Type | Name |
|---|---|
| State | Arizona |
| County | Maricopa County |
| Municipality | Tempe City |
| Elementary School District | Tempe School District (PK - 08) |
| Secondary School District | Tempe Union High School District (09 - 12) |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $56,570 (+129.69%) | $565,700 (-0.89%) Land $565,700 | |
| 2025 | $2,951.00 (+8.29%) | $24,629 (-67.23%) Land $24,629 | $570,800 (-24.06%) Land $570,800 |
| 2024 | $75,160 | $751,600 Land $751,600 | |
| 2023 | $2,725.00 |
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 · Last verified: October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Moderate |
| 500-Year Floodplain | Yes |
| Special Flood Hazard Area | No |
| 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.
| Primary APN | 133-10-022 |
|---|---|
| Alternative APNs |
|
| Building Area | 3,008 sqft |
|---|
| Year Built | Built 1940 |
|---|---|
| Effective Year Built | Effective 1940 |
| Roof Material | Aluminum Roof |
| Lot Area | 22,875 sqft (0.525 acres) |
| Sewage | Municipal Sewage |
|---|---|
| Water Source | Yes (Unknown Type) Water Source |
| Street Address | 1040 E SPENCE AVE |
|---|---|
| City | TEMPE |
| State | AZ |
| Zip | 85281-5808 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | JEN TILLY TERRACE LOTS 13-18 MCR 28/40 |
| Legal Range | 4E |
| Legal Township | 1N |
| Legal Section | 23 |
| Legal Subdivision | JEN TILLY TERRACE LOTS 13-18 |
| Legal Lot Number | 11 |
| Jurisdiction | MARICOPA AZ |
| Minor Civil Division | PHOENIX |
| Census Blockgroup | 1 |
| Census Block | 1002 |
| Census Tract | 319104 |
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